NOT LISTED FOR SALE

5542 Palmetto St Unit 7 Fort Myers Beach, FL 33931

Estimated Value: $627,209 - $795,000

2 Beds
1 Bath
936 Sq Ft
$731/Sq Ft Est. Value

About This Home

This home is located at 5542 Palmetto St Unit 7, Fort Myers Beach, FL 33931 and is currently estimated at $684,052, approximately $730 per square foot. 5542 Palmetto St Unit 7 is a home located in Lee County with nearby schools including Fort Myers Beach Elementary School, Cypress Lake Middle School, and Bonita Springs Middle Center for the Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Teed William P and Teed Deborah D
Bought by
Virts Linda A
Current Estimated Value
$684,052

Purchase Details

Closed on
Aug 14, 2009
Sold by
Federal National Mortgage Association
Bought by
Teed William P and Teed Deborah D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2009
Sold by
Schlenk William G
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 2, 2005
Sold by
Greathouse C Dean and Ford Kim
Bought by
Schlenk William G and Schlenk Leticia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,400
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 1999
Sold by
Wallerstein Martin A and Wallerstein Grace L
Bought by
Greathouse C Dean and Ford Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.73%

Purchase Details

Closed on
Jun 2, 1997
Sold by
Nickols Harry R and Nichols Audrey R
Bought by
Wallerstein Martin A and Wallerstein Grace L

Purchase Details

Closed on
Feb 14, 1997
Sold by
Kaplan Michael E and Kaplan Barbara A
Bought by
Nichols Harry R and Nichols Audrey R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Virts Linda A $645,000 Accent Title
Virts Linda A $645,000 Accent Title
Teed William P $162,000 Attorney
Federal National Mortgage Association -- None Available
Schlenk William G $332,000 --
Greathouse C Dean $105,000 --
Greathouse C Dean $105,000 --
Wallerstein Martin A $40,000 --
Nichols Harry R $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teed William P $129,600
Previous Owner Schlenk William G $315,400
Previous Owner Greathouse C Dean $84,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,554 $579,804 $443,681 $98,911
2024 $4,521 $356,060 -- --
2023 $4,521 $345,689 $0 $0
2022 $4,561 $335,620 $0 $0
2021 $4,523 $372,957 $185,981 $186,976
2020 $4,555 $321,346 $0 $0
2019 $4,468 $314,121 $169,400 $144,721
2018 $4,346 $310,074 $154,000 $156,074
2017 $4,440 $310,887 $124,200 $186,687
2016 $4,080 $283,055 $124,200 $158,855
2015 $3,563 $238,495 $124,200 $114,295
2014 -- $214,800 $108,000 $106,800
2013 -- $181,996 $96,700 $85,296
Source: Public Records

Map

Florida Lee County Fort Myers Beach 33931

5542 Palmetto St Unit 7, Fort Myers Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes