Check Availability

2861 Valencia Way

2861 Valencia Way, Fort Myers, FL 33901
Property in Valencia Terrace
Sold Oct 03, 2023
$1,200,000
$500,000 by Finemark National Bank & Trust
Mortgage Due Nov 28, 2053
Sold Apr 22, 2021
$703,575
Local assessors in Fort Myers, FL have categorized 2861 Valencia Way as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 17,119 square feet. The linear feet between the front and back of the lot was measured at 1,510 ft and the front of the lot was measured at 1,170 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2861 Valencia Way has a total of 2,504 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a flat style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2861 Valencia Way sold most recently in Sep 27, 2023 for a total of $1,200,000. If you work out the math, that's approximately a cost of $326.26 per sqft. Before that, the property was also sold for $703,575 in Apr 16, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,637 in taxes each year. The initial year of tax delinquency occurred in 2022. 2861 Valencia Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $222,139. If we break it down further, the land itself was valued at $222,129. Improvements to the property, however, were assessed at a total of $10. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 600
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,119
  • Lot Size Depth Feet: 1,510
  • Lot Size Frontage Feet: 1,170
  • Total Building Area: 3,678
  • Gross Building Area: 3,678
  • Building Area: 2,504
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,504
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALENCIA TERRACE
  • Land Acres: 0.393
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALENCIA TERRACE BLK 4 PB 5 PG 51 LOTS 10 + 11

Ownership

  • Current Owner : BOHN THOMAS M
  • Current Owner 2: BOHN JENNIFER M
  • Previous Owner : STIL-BAXTER CAROLINE
  • Owner Before Previous Owner: THOMPSON WILLIAM DEFOREST
  • Owner Before Previous Owner 2: THOMPSON MELISSE ELSON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 000900

Zoning

  • Zoning: RS-6

Geography

  • Assessors Map Reference: 15-26
  • Account Number: 10175610
  • Subdivision Tract Number: P1
  • Parcel: 26-44-24-P1-01804.0100
  • Block: 4
  • Lot: 10,11
  • Meridian: SEC 26 TWN 44S RNG 24E
  • Municipality: CITY OF FORT MYERS
  • Latitude: 26.6247
  • Longitude: -81.886

    Address

  • Full Address: 2861 Valencia Way
  • Address - House Number: 2861
  • Address - Street Name: Valencia
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Fort Myers
  • Carrier Code: C010
  • 4-Digit Zip Code: 6645
  • Zip Code: 33901

Valuation

    Tax

  • Total Area: 2,578
  • Tax Year: 2023
  • Tax Amount: $3,637
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 090

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 874,935
  • High Value: 1,060,732
  • Low Value: 689,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: FINEMARK NATIONAL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Nov 28, 2023
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 28, 2053

    Market Valuation

  • Market Total Value: $222,139
  • Market Land Value: $222,129
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,139
  • Assessed Land Value: $222,129
  • Assessed Improvements Value: $10

    Sales

  • Current Sale Contract Date: Sep 27, 2023
  • Current Sale Recording Date: Oct 03, 2023
  • Current Sale Transaction ID: 11914186293
  • Current Sale Price: $1,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 321621
  • Previous Sale Recording Date: Apr 22, 2021
  • Previous Sale Contract Date: Apr 16, 2021
  • Previous Sale Amount: $703,575
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINEMARK NATIONAL BANK & TRUST
  • First Mortgage Transaction Date: Oct 03, 2023
  • First Mortgage Loan Amount: $950,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

About Valencia Terrace



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2090 W First Street, FORT MYERS, FL, 33901

$7,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 2,247 ft²
2090 W First Street #2007, FORT MYERS, FL, 33901 Listing by Laurel Volberding
Unit for rent at 2104 W First Street, FORT MYERS, FL, 33901

$7,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,230 ft²
2104 W First Street #2803, FORT MYERS, FL, 33901 Listing by Laurel Volberding
Unit for rent at 1900 Virginia Avenue, FORT MYERS, FL, 33901

$6,500 /mo

  • 2 Beds
  • 2 Baths
  • 2,025 ft²
1900 Virginia Avenue #701, FORT MYERS, FL, 33901 Listing by Linda Dunatchik

Frequently Asked Questions

What neighborhood is 2861 Valencia Way located in?
The 2861 Valencia Way is a located in the neighborhood of Valencia Terrace in Valencia Terrace, Fort Myers.
What is the average sales price for listings in 2861 Valencia Way?
The average sales price for units in 2861 Valencia Way is $0 currently.

Quantcast