NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,546,271

0.33 Acre
$3,788,425 Price per Acre
14,462 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $415,000 $231 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $7,545/month

237 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Cul-De-Sac
  • Fort Myers High School Rated A
  • Canal View

About This Lot

As of May 2020

Come build your dream home!!!! This rare find is in the highly desirable Sunset Cove neighborhood off of McGregor. Located on a deep water canal with direct access. This property was home to a 45 foot Riviera at one time….vacant lot/new home site sits at the end of a Cul-De Sac. Property features 140feet of sea wall, currently 2 docks/one with functional lift.

Last Agent to Sell the Property

Courtney Dorsey

Banyan Realty License #258011292 Listed on: 09/04/2019

Last Buyer's Agent

Larry Jones

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,320

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • North Facing Home
  • Property is zoned RS-1

Property Views

  • Canal Views

Listing and Financial Details

  • Legal Lot and Block 33 / 33
  • Assessor Parcel Number 16-45-24-05-00033.0000

Community Details

Overview

  • Sunset Cove Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,320

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.332
  • Subdivision Name: SUNSET COVE
  • Directions: McGregor to Travers, left onto Sunnyside...lot is on the left at end of cul-de-sac.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 16-45-24-05-00033.0000
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4320.0
  • Tax Block: 33
  • Tax Lot: 33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
May 29, 2020
Sold by
Strickland Michael G and Strickland Susan M
Bought by
Richardelli Robert and Hicks Robyn
Seller's Agent
Courtney Dorsey
Banyan Realty
Buyer's Agent
Larry Jones
List Price
$474,900
Sold Price
$415,000
Premium/Discount to List
-$59,900
-12.61%
Current Estimated Value
$1,257,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,757
Avg. Annual Appreciation
22.75%

Purchase Details

Closed on
Apr 20, 2005
Sold by
Palomba Michael A and Palomba Sharon K
Bought by
Strickland Michael G and Strickland Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 23, 2001
Sold by
Teegarden Louie A
Bought by
Lewis Dan A

Purchase Details

Closed on
Oct 22, 2001
Sold by
Teegarden Louie A
Bought by
Palomba Michael S and Palomba Sharon K

Purchase Details

Closed on
Oct 9, 1998
Sold by
Teegarden Louie A and Teegarden Margaret M
Bought by
Teegarden Louie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
6.8%
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
Richardelli Robert $415,000 Florida Gulf Coast Ttl Speci
Strickland Michael G $735,000 --
Lewis Dan A $15,000 --
Palomba Michael S $329,000 --
Teegarden Louie A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strickland Michael G $735,000
Previous Owner Teegarden Louie A $120,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $415,000 -12.6% $231 / Sq Ft
04/29/2020 04/29/20 Pending -- -- --
09/04/2019 09/04/19 For Sale $474,900 -- $264 / 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
2025 $11,385 $887,323 -- --
2024 $10,975 $862,316 -- --
2023 $10,975 $824,777 $0 $0
2022 $4,892 $367,759 $0 $0
2021 $4,799 $334,326 $334,326 $0
2020 $4,537 $345,896 $330,000 $15,896
2019 $4,320 $345,896 $330,000 $15,896
2018 $4,229 $345,896 $330,000 $15,896
2017 $4,679 $423,603 $407,707 $15,896
2016 $4,105 $345,896 $345,896 $0
2015 $3,238 $230,896 $230,896 $0
2014 -- $209,896 $209,896 $0
2013 -- $145,896 $145,896 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219058230

Florida Gulf Coast Multiple Listing Service

APN: 16-45-24-05-00033.0000