NOT LISTED FOR SALE

8089 Cypress Dr S Fort Myers, FL 33967

Estimated Value: $124,000 - $139,000

14.5 Acres
$9,069 Price per Acre
631,620 Sq Ft Lot

Last Sold November 09, 2018

Last sale price $87,500

Est. 50% increase in value since last sale

Current estimated payment $739/month

260 Days on Market

Highlights

  • View of Trees or Woods
  • Fort Myers High School Rated A
  • 14.5 Acre Lot

About This Lot

As of November 2018

PRICED WAY BELOW THE ASSESSED VALUE OF $457,110. Seller wants this sold! Own a piece of paradise....an "Inland Island". Nearly 15 acres in the middle of town! Great history on the parcel known as Cypress Park West. The estate home was previously destroyed by a fire and the in-ground pool/spa, guest bungalow ( gutted ), carport and hut/garage and gazebo remain. Electric is still available on the property to build your dream home! The three separate parcels are being sold together. There are two entrance points from Cypress Dr S. This beautiful setting is the home to much wildlife and many native Florida trees, including the famous Dahoon Holly. Please contact an agent for your private showing. Taxes reflect all 3 parcels.

Last Agent to Sell the Property

Shelley Johnson

Allison James Estates & Homes License #768500653 Listed on: 01/22/2018

Allison James Estates & Homes

Last Buyer's Agent

Shelley Johnson

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,612

Lot Details

  • 14.5 Acre Lot
  • Lot Dimensions are 1613 x 557 x 1595 x 291
  • North Facing Home
  • Property is zoned RS-1

Property Views

  • Views of Woods

Utilities

  • Well
  • Septic Tank

Community Details

  • San Carlos Park Subdivision

Listing and Financial Details

  • Legal Lot and Block 76 / 71
  • Assessor Parcel Number 16-46-25-07-00071.0990

Property Details

Property Type

Land

Est. Annual Taxes

$1,612

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 14.5
  • Lot Size: 1613 x 557 x 1595 x 291
  • Road Surface Type: Paved
  • Subdivision Name: SAN CARLOS PARK
  • Directions: South on Hwy 75 to Alico Rd ( right ) * Turn left on Lee Rd to Sanibel Blvd * Right on Cypress Dr S * Property on the Right through the chained entry. There is an additional entrance from Cypress Dr S further down but that parcel is wooded with no drive.
  • Property Sub Type Additional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Acreage
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 16-46-25-07-00071.0990
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1612.0
  • Tax Block: 71
  • Tax Lot: 76
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Nov 9, 2018
Sold by
Acap 5 Llc
Bought by
Wilson Theodore A and Wilson Barbara E
Seller's Agent
Shelley Johnson
Allison James Estates & Homes
Buyer's Agent
Shelley Johnson
List Price
$350,000
Sold Price
$87,500
Premium/Discount to List
-$262,500
-75%
Current Estimated Value
$131,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,000
Avg. Annual Appreciation
5.15%

Purchase Details

Closed on
Apr 30, 2013
Sold by
Petitto Angelo A
Bought by
Angelo A Petitto Revocable Trust

Purchase Details

Closed on
Oct 16, 2009
Sold by
Chviek Cheryl Page and Page Cheryl L
Bought by
Petitto Angelo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2000
Sold by
Yonkers Anthony J and Yonkers Mary B
Bought by
Fernandez Robert and Fernandez Maria J
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
Wilson Theodore A $175,000 Attorney
Angelo A Petitto Revocable Trust -- Attorney
Petitto Angelo A $130,000 Title Group Services
Fernandez Robert $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petitto Angelo A $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2018 11/09/18 Sold $87,500 -75.0% --
10/10/2018 10/10/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $350,000 -- --
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 $459 $21,651 $21,651 --
2023 $459 $21,640 $21,640 $0
2022 $499 $21,767 $0 $0
2021 $447 $19,788 $19,788 $0
2020 $1,626 $97,000 $97,000 $0
2019 $1,577 $93,120 $93,120 $0
2018 $1,572 $93,120 $93,120 $0
2017 $1,612 $93,120 $93,120 $0
2016 $1,564 $93,120 $93,120 $0
2015 $1,471 $85,360 $85,360 $0
2014 -- $69,840 $69,840 $0
2013 -- $69,840 $69,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218006572

Florida Gulf Coast Multiple Listing Service

APN: 16-46-25-07-00071.0990