NOT LISTED FOR SALE

7871 Lake Sawgrass Loop Unit 5414 Fort Myers, FL 33907

Estimated Value: $248,000 - $310,000

3 Beds
2 Baths
1,285 Sq Ft
$222/mo HOA Fee

Last Sold January 04, 2023

Last sale price $344,000 $268 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $2,050/month

37 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Clubhouse
  • Fort Myers High School Rated A
  • Gated Community
  • Tennis Courts

About This Home

As of January 2023

Updated & Move-in ready!! This beautiful 3 bedroom, 2 bath, 1 car garage villa is centrally located in the highly desired gated community, Reflection Lakes. End unit villa with split bedroom floor plan that was completely and beautifully remodeled. Features include New fresh paint, tile flooring, gorgeous kitchen with upgraded cabinetry w/ full pull out & soft close drawers, stainless steel appliances & granite counters, completely updated bathrooms, new light fixtures, water heater 2020, newer door hardware, newer A/C (2018), tiled and screened in lanai. Separate laundry room with washer and dryer. Monthly HOA & condo Fees includes flood & HOI insurance, cable, internet, water, trash, pest control, maintenance & reserves, management, & all the wonderful amenities, which includes sport and social activities, 2 club houses with fitness centers, billiards room, card/game room, library,craft room, 2 pools, 4 tennis courts, basketball court, beach volleyball, bocce ball, pickle ball, kids playground & baby pool. Enjoy maintenance free condo living in this fabulous active and pet friendly community!! Shopping, restaurants, Lakes Regional Park, and beaches are just a short drive away!

Last Agent to Sell the Property

Anna Klian

Premier Florida Realty of SWFL License #258011774 Listed on: 11/27/2022

Last Buyer's Agent

Kristina Kashyap

INACTIVE AGENT ACCT License #249529903

INACTIVE AGENT ACCT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 2004

Lot Details

  • South Facing Home
  • Zero Lot Line

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Villa
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,285 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Formal Dining Room
  • Hobby Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5414 / 54
  • Assessor Parcel Number 26-45-24-59-00054.5414

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, security, water
  • 820 Units
  • Association Phone (239) 433-9278
  • Reflection Lakes Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,488

Year Built

Built in 2004

Lot Details

0

HOA Fees

$222 per month

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.1362
  • Ownership: Condo
  • Subdivision Name: REFLECTION LAKES
  • Directions: Entry thru Gate 4
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Villa
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1285.0
  • Stories: 1
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Patio, Shutters Manual
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated Community, Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Basketball Court, Bocce Court, Billiard Room, Cabana, Clubhouse, Fitness Center, Hobby Room, Library, Playground, Pickleball, Park, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 222.0
  • Association Fee Frequency: Monthly
  • Phone: 239-433-9278
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Security, Water

Lot Info

  • Parcel #: 26-45-24-59-00054.5414
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 820

Tax Info

  • Tax Annual Amount: 2487.9
  • Tax Block: 54
  • Tax Lot: 5414
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2022
Closed on
Jan 3, 2023
Sold by
Jennings Marina and Jennings Steven Ray
Bought by
Hoover Vicki H
Seller's Agent
Anna Klian
Premier Florida Realty of SWFL
Buyer's Agent
Kristina Kashyap
INACTIVE AGENT ACCT
List Price
$339,000
Sold Price
$344,000
Premium/Discount to List
$5,000
1.47%
Views
16
Current Estimated Value
$278,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,234
Avg. Annual Appreciation
-7.19%
Original Mortgage
$275,200
Outstanding Balance
$268,093
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$15,689

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 29, 2020
Sold by
The Bank Of New York Mellow
Bought by
Jennings Marina and Jennings Steven Ray
Seller's Agent
Norma Fernandez
Xclusive Homes LLC
Buyer's Agent
Anna Klian
Premier Florida Realty of SWFL
List Price
$200,000
Sold Price
$174,311
Premium/Discount to List
-$25,689
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.87%
Original Mortgage
$130,733
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2013
Sold by
Rathmann Charles P
Bought by
Reflection Lakes Three Condominium Assoc

Purchase Details

Closed on
Nov 7, 2005
Sold by
Samuel Reno and Samuel Somy
Bought by
Rathmann Charles P and Rathmann Carly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,920
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Hoover Vicki H $344,000 Stewart Title
Jennings Marina $174,400 Attorney
Reflection Lakes Three Condominium Assoc -- None Available
Rathmann Charles P $299,900 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoover Vicki H $275,200
Previous Owner Jennings Marina $130,733
Previous Owner Rathmann Charles P $239,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $344,000 +1.5% $268 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
11/27/2022 11/27/22 For Sale $339,000 +94.5% $264 / Sq Ft
04/30/2020 04/30/20 Sold $174,311 +2.0% $136 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
02/28/2020 02/28/20 Price Changed $170,900 -14.6% $133 / Sq Ft
02/11/2020 02/11/20 For Sale $200,000 -- $156 / 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 $3,455 $246,881 -- $246,881
2023 $3,455 $190,802 $0 $0
2022 $2,827 $173,456 $0 $0
2021 $2,488 $157,687 $0 $157,687
2020 $2,421 $149,388 $0 $149,388
2019 $2,474 $152,618 $0 $152,618
2018 $2,528 $153,425 $0 $153,425
2017 $2,633 $156,655 $0 $156,655
2016 $2,492 $145,415 $0 $145,415
2015 $2,436 $138,700 $0 $138,700
2014 -- $142,300 $0 $142,300
2013 -- $116,500 $0 $116,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222083901

Florida Gulf Coast Multiple Listing Service

APN: 26-45-24-59-00054.5414