NOT LISTED FOR SALE

8863 Somerset Blvd Fort Myers, FL 33919

Estimated Value: $188,000 - $224,000

2 Beds
2 Baths
1,197 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $207,450 $173 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,558/month

152 Days on Market

Highlights

  • Gated Community
  • Cathedral Ceiling
  • Community Pool
  • Fort Myers High School Rated A
  • Loft
  • Breakfast Bar

About This Home

As of January 2024

Centrally located townhouse in gated Sandalwood Estates community, low HOA's, minutes to shops, grocery stores, schools, public park, churches, restaurants, medical offices, hospital, credit union, bank and Cape Coral. Amenities include, heated pool, jet powered spa, tiki style cabana with bathrooms, outside showers, tiki sheltered mailboxes, picturesque lake and common grounds. This 2 bed/2 bath downstairs primary suite, loft, high ceilings, open floor plan, fenced patio, new flooring in living room, both bedrooms and loft, has a/c service contract for well maintained 5 y/o system. Tenant occupied yet amenable to viewing. Please see attached documents Letter of Amendment (LOMA) from FEMA waiving flood insurance requirements for subject property. Just reduced for quick sale as-is!

Last Agent to Sell the Property

Gail Doxie

RE/MAX Realty Group License #258000910 Listed on: 08/25/2023

RE/MAX Realty Group

Last Buyer's Agent

Lauren Keane

McDowell Homes Real Estate Svc License #258031482

McDowell Homes Real Estate Svc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1985

Lot Details

  • 1,133 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Zero Lot Line

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,197 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Single Hung Windows
  • Loft
  • Laminate Flooring
  • Security Gate
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 1 Detached Carport Space
  • Driveway
  • Guest Parking
  • Assigned Parking

Additional Features

  • Courtyard
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block B / 27
  • Assessor Parcel Number 15-45-24-35-00027.00B0

Community Details

Overview

  • Association fees include irrigation water, legal/accounting, ground maintenance, reserve fund, road maintenance, street lights, trash
  • 140 Units
  • Association Phone (239) 482-5881
  • Sandalwood Estates Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,096

Year Built

Built in 1985

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.026
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SANDALWOOD ESTATES
  • Directions: South Pointe Blvd to left on Somerset property is on the right opposite the pool area. Showing time to show, no key safe, gate code is in showing time, tenant will let you in,
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Main Level Primary, Multiple Primary Suites, Tub Shower, Loft
  • Living Area: 1197.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block, Concrete, Stucco, Wood Frame
  • Direction Faces: North
  • Exterior Features: Courtyard, Fence, None
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Driveway, Guest, Paved, One Space, Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security Gate, Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Barbecue, Picnic Area, Pool, Spa/Hot Tub
  • Association Fee: 700.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-482-5881
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Irrigation Water, Legal/Accounting, Maintenance Grounds, Reserve Fund, Road Maintenance, Street Lights, Trash

Lot Info

  • Parcel #: 15-45-24-35-00027.00B0
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 140

Tax Info

  • Tax Annual Amount: 2095.94
  • Tax Block: 27
  • Tax Lot: B
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Jan 25, 2024
Sold by
Frank Don Charles and Frank Mary Ann
Bought by
Minarchi James Brent
Seller's Agent
Gail Doxie
RE/MAX Realty Group
Buyer's Agent
Lauren Keane
McDowell Homes Real Estate Svc
List Price
$224,900
Sold Price
$207,450
Premium/Discount to List
-$17,450
-7.76%
Views
135
Current Estimated Value
$209,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,062
Avg. Annual Appreciation
0.61%
Original Mortgage
$200,526
Outstanding Balance
$197,386
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$12,126

Purchase Details

Closed on
Aug 16, 2023
Sold by
Foreman Marie Genevieve and Foreman Don
Bought by
Charles Don and Charles Frank Mary

Purchase Details

Closed on
Jun 4, 2015
Sold by
Dorn Christina M
Bought by
Frank Don and Frank Mary Ann

Purchase Details

Closed on
Jul 28, 1999
Sold by
Buchanan Richard L
Bought by
Dorn Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
7.66%
Source: Public Records

Range of Values:

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Average Value
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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
Minarchi James Brent $207,450 Sun National Title
Charles Don -- None Listed On Document
Frank Don $70,000 Members Title Agency Llc
Dorn Christina M $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minarchi James Brent $200,526
Previous Owner Dorn Christina M $77,000
Previous Owner Dorn Christina M $60,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Pending -- -- --
01/25/2024 01/25/24 Sold $207,450 -3.5% $173 / Sq Ft
12/13/2023 12/13/23 Price Changed $214,900 -4.4% $180 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $224,900 0.0% $188 / Sq Ft
08/25/2023 08/25/23 For Sale $224,900 -- $188 / 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 $2,321 $192,376 $91,605 $98,639
2023 $2,321 $134,464 $0 $0
2022 $2,096 $122,240 $0 $0
2021 $1,799 $111,127 $15,598 $95,529
2020 $1,756 $106,584 $15,000 $91,584
2019 $1,694 $104,974 $15,000 $89,974
2018 $1,611 $98,509 $15,000 $83,509
2017 $1,556 $96,901 $9,000 $87,901
2016 $1,359 $74,917 $9,489 $65,428
2015 $1,192 $65,497 $8,921 $56,576
2014 -- $55,602 $6,865 $48,737
2013 -- $61,500 $5,385 $56,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223061898

Florida Gulf Coast Multiple Listing Service

APN: 15-45-24-35-00027.00B0