NOT LISTED FOR SALE

Estimated Value: $329,000 - $360,000

4 Beds
2 Baths
2,484 Sq Ft
6,098 Sq Ft Lot

Last Sold February 03, 2015

Last sale price $55,684 $22 Per Sq Ft

Est. 518% increase in value since last sale

Current estimated payment $2,064/month

1 Day on Market

Highlights

  • City View
  • No HOA
  • Tile Flooring
  • Fort Myers High School Rated A
  • Bathtub
  • Awning

About This Home

As of February 2015

Great Residential Income Property. BANK OWNED "AS-IS" without repair or warranty. Listing Agent has no knowledge of property history. no disclosure supplied. Buyer/Buyers Agent is responsible for verifying assessments. if any. This property is under auction terms. At closing, it is subject to a web tech fee and may also be subject to a buyers premium pursuant to the terms and conditions listed on website. Seller will not allow water to be turned on for any reason. Buyer is responsible for turning on any utilities for inspection purposes. Please go to Hubzu.com for complete details before making a bid/offer.

Last Agent to Sell the Property

Linda Glover

Palace Realty, Inc. License #252010606 Listed on: 01/02/2015

Last Buyer's Agent

Linda Glover

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $926

Year Built

  • Built in 1976

Lot Details

  • North Facing Home

Parking

  • Common or Shared Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,484 Sq Ft Home
  • 1-Story Property
  • Awning
  • Combination Dining and Living Room
  • City Views

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 25 / 11
  • Assessor Parcel Number 11-45-24-03-00011.0250

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Low-Rise Condominium
  • Fort Myers Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$926

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: FORT MYERS
  • Directions: U.S. 41 to Palm Drive, West on Palm Drive to 5th Avenue, East on 5Th Avenue. Unit on the left 5611/5613
  • Architectural Style: Duplex, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Duplex
  • Year Built: 1976
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium,Duplex
  • Special Features: 20

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile
  • Interior Amenities: Bedroom on Main Level, Bathtub, Living/Dining Room, Cable TV
  • Living Area: 2484.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Awning(s)
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Common

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 11-45-24-03-00011.0250
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 926.0
  • Tax Block: 11
  • Tax Lot: 25
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jan 26, 2015
Sold by
U S Bank National Association
Bought by
Wei Family Foundation Inc
Seller's Agent
Linda Glover
Palace Realty, Inc.
Buyer's Agent
Linda Glover
List Price
$37,000
Sold Price
$55,684
Premium/Discount to List
$18,684
50.5%
Current Estimated Value
$344,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,649
Avg. Annual Appreciation
18.08%

Purchase Details

Closed on
Jul 11, 2014
Sold by
Phillips Cathy Jeannie and Phillips Cathy
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 30, 2003
Sold by
Nellans Larry W
Bought by
Phillips Cathy Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 1995
Sold by
Perillo Thomas V
Bought by
Nellans Larry W
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Wei Family Foundation Inc $53,000 Premium Title Services Inc
U S Bank National Association $41,100 None Available
Phillips Cathy Jennie $62,000 --
Nellans Larry W $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Cathy $117,600
Previous Owner Phillips Cathy Jennie $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2015 02/03/15 Sold $55,684 +50.5% $22 / Sq Ft
01/04/2015 01/04/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $37,000 -- $15 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2024 $2,745 $133,601 -- --
2023 $2,745 $121,455 $0 $0
2022 $2,521 $110,414 $0 $0
2021 $2,163 $133,408 $8,400 $125,008
2020 $1,984 $110,627 $8,400 $102,227
2019 $1,816 $96,099 $5,200 $90,899
2018 $1,770 $96,099 $5,200 $90,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214071247

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-03-00011.0250