NOT LISTED FOR SALE

Estimated Value: $314,370 - $437,000

2 Beds
2 Baths
1,562 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $241,000 $154 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,408/month

56 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Clubhouse
  • Cape Elementary School Rated A-
  • Gated Community
  • Pond

About This Home

As of March 2020

Amazing Florida get away or permanent home under $245K in a GATED GULF ACCESS community of Palm Island! Click virtual tour link to view video walk through. Enjoy morning sunshine on your front porch or evening sunset with LAKE VIEW on your back lanai. Massive living room with cathedral ceilings for your party's enjoyment. Expand your space by opening slider to spacious screened under roof lanai, which makes it perfect for winter or rainy FL summer. Big back yard with room for pool. Eat-in kitchen, dining area, 2 bedrooms & den -all move-in ready. Minutes to downtown Ft Myers and 30-45 min to the beach, yet everything you need everyday is half a mile away - groceries, gas, pharmacy, restaurants. Community offers resort style heated pool, spa, tennis court, club house. LOW HOA fee of $222/mo takes care of all the yard work, mulching, exterior pest control and access to amenities. Palm Island boasts a community boat launch, free for residents to use, with 25-30 min to the river and then the gulf. Wet and dry slips if available can be rented for a small fee. Home is NOT IN FLOOD ZONE and Palm Island has NO CDD. You will not find a better value! Call for your appointment today.

Last Agent to Sell the Property

Lana Vogel

Florida Complete Realty License #258022801 Listed on: 12/06/2019

Last Buyer's Agent

Ed Zoller III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 2004

Lot Details

  • 7,710 Sq Ft Lot
  • Lot Dimensions are 53 x 146 x 53 x 146
  • Lake Front
  • Property fronts a private road
  • East Facing Home
  • Zero Lot Line
  • Property is zoned RPD

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Electric Shutters
  • Single Hung Windows
  • Formal Dining Room
  • Home Office
  • Lake Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Screened Patio
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

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

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 09-44-24-32-00000.0990

Community Details

Overview

  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, road maintenance, street lights
  • Association Phone (239) 542-4404
  • Palm Island Subdivision

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,125

Year Built

Built in 2004

Lot Details

0

HOA Fees

$222 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.177
  • Lot Size: 53 x 146 x 53 x 146
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: PALM ISLAND
  • Directions: From US 41 turn West from US 41 on Hancock, Palm Island gate will be on your right after about a mile.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Bedroom on Main Level, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Home Office
  • Living Area: 1562.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line, Pond
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Patio, Room For Pool, Shutters Electric
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated Community, Key Card Entry
  • 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: Boat Facilities, Gated, Tennis Court(s)
  • Amenities: Boat Dock, Billiard Room, Boat Ramp, Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association #2 Fee: 222.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Road Maintenance, Street Lights

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 09-44-24-32-00000.0990
  • Zoning Description: RPD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 214

Tax Info

  • Tax Annual Amount: 2125.0
  • Tax Lot: 99
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2019
Closed on
Mar 2, 2020
Sold by
Jervis James and Jervis Shirley
Bought by
Gale Debbie Farias
Seller's Agent
Lana Vogel
Florida Complete Realty
Buyer's Agent
Ed Zoller III
List Price
$244,700
Sold Price
$241,000
Premium/Discount to List
-$3,700
-1.51%
Current Estimated Value
$368,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,097
Avg. Annual Appreciation
8.29%
Original Mortgage
$228,000
Outstanding Balance
$204,437
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$167,822

Purchase Details

Closed on
Jan 27, 2012
Sold by
Summit Reo Services Llc
Bought by
Jervis James and Jervis Shirley

Purchase Details

Closed on
Dec 10, 2010
Sold by
Oppenheimer Trust Company
Bought by
Summit Reo Services Llc

Purchase Details

Closed on
Jun 29, 2004
Sold by
Us Home Corp
Bought by
Pohlman Erma S and Erma S Pohlman Trust

Purchase Details

Closed on
Mar 15, 1994
Sold by
Moody Dev Palm Island Inc
Bought by
Heller Donald L and Heller Treva J
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
Gale Debbie Farias $241,000 Elite Title 1 Llc
Jervis James $155,000 Attorney
Summit Reo Services Llc $128,000 Cape Coral Title Insurance A
Pohlman Erma S $198,600 North American Title Company
Heller Donald L $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Debbie Farias $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $241,000 -1.5% $154 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/06/2019 12/06/19 For Sale $244,700 -- $157 / 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 $2,782 $213,857 -- --
2023 $2,782 $207,628 $0 $0
2022 $2,898 $201,581 $0 $0
2021 $2,833 $195,710 $21,000 $174,710
2020 $3,124 $182,495 $21,000 $161,495
2019 $2,138 $147,744 $0 $0
2018 $2,125 $144,989 $0 $0
2017 $2,116 $142,007 $0 $0
2016 $1,951 $183,016 $31,000 $152,016
2015 $1,976 $157,206 $21,975 $135,231
2014 $1,952 $151,115 $21,975 $129,140
2013 -- $137,700 $19,975 $117,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219080678

Florida Gulf Coast Multiple Listing Service

APN: 09-44-24-32-00000.0990