See Home Value
$1,195,172*
House - Off Market

540 SHALIMAR

MARCO ISLAND, FL 34145
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2078 Sqft
$720,000 - $878,000
Reference Base Price*
49.58%
Since Apr 1, 2019
National-US
Primary Model
Sold Jun 25, 2020
Transfer
$677,470 by Pennymac Loan Services Llc
Mortgage Due Jun 01, 2050
Sold Mar 18, 2019
$764,500
$669,870 by Mortgage Research Center Llc
Mortgage Due Apr 01, 2049

About This Property

Imagine the splendor of pulling up to this custom built, Divco home with a historic Banyon Tree welcoming you home. This meticulously maintained home offers 3 bedrooms and 2 bathrooms with multiple triple, pocketed, sliding doors all opening to the beautiful lanai. Relax while you enjoy the sunset from your lanai reflecting from your long water view. Or just walk onto your large composite dock and enjoy the Gulf Breezes. Boaters will love the 15 minute ride to open water and the 10,000 island. This home needs to be seen to be appreciated!

The manager has listed the unit size as 2078 square feet.
Unit Size
2,078Ft²
Days on Market
-
Land Size
-
Price per sqft
$385
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995

Price History

Date / Event Date Event Price
Mar 16, 2019 No longer available -
No longer available
Feb 13, 2019 Relisted $799,000
Relisted
Feb 2, 2019 No longer available -
No longer available
Jan 7, 2019 Listed $799,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,049
  • Gross Building Area: 2,049
  • Building Area: 2,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARCO BEACH UNIT 7
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MARCO BCH UNIT 7 BLK 218 LOT 19 OR 1436 PG 625

Ownership

  • Current Owner : EPSTEIN ANDREW I
  • Current Owner 2: THE ANDREW I EPSTEIN 2014 LIVI
  • Previous Owner : EPSTEIN ANDREW I
  • Owner Before Previous Owner: PAIGE JAMES A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010907

Zoning

  • Zoning: MARCO

Geography

  • Assessors Map Reference: 7B16
  • Subdivision Tract Number: 776400
  • Parcel: 57680320001
  • Block: 218
  • Lot: 19
  • Meridian: SEC 16 TWN 52 RNG 26
  • Municipality: CITY OF MARCO ISLAND
  • Latitude: 25.9235
  • Longitude: -81.7172

    Address

  • Full Address: 540 Shalimar St
  • Legal Unit: 7
  • Address - House Number: 540
  • Address - Street Name: Shalimar
  • Address - Suffix Type: St
  • State: FL
  • City Name: Marco Island
  • Carrier Code: C012
  • 4-Digit Zip Code: 5436
  • Zip Code: 34145

Valuation

    Tax

  • Total Area: 2,504
  • Tax Year: 2022
  • Tax Amount: $10,146
  • Tax Rate Code Area: 58

    Appraisal Valuation

  • Standard Deviation: 0.2461
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 1,604,619
  • High Value: 1,999,598
  • Low Value: 1,209,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $677,470
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Loan Amount: $677,470
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,016,839
  • Market Land Value: $524,363
  • Market Improvement Value: $492,476

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,016,839
  • Assessed Land Value: $524,363
  • Assessed Improvements Value: $492,476

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11770343890
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 5884871
  • Previous Sale Recording Date: Mar 18, 2019
  • Previous Sale Contract Date: Mar 15, 2019
  • Previous Sale Amount: $764,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $677,470
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Mar 18, 2019
  • Previous Mortgage Loan Amount: $669,870
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
2 Baths
1,384 ft²
$632/ft²
$875,000 Jan 3, 2024
$875,000 Feb 20, 2024
$440/mo
House
4 Beds
3 Baths
-
$692,000 Jul 12, 2022
$692,000 Sep 21, 2023
$229/mo
House
3 Beds
1 Bath
1,338 ft²
$523/ft²
$699,999 Aug 1, 2023
-
$437/mo
Condo
3 Beds
2 Baths
2,025 ft²
$415/ft²
$840,000 Apr 11, 2024
-
$2,146/mo
Condo
3 Beds
2 Baths
2,025 ft²
$425/ft²
$860,000 Apr 8, 2024
-
$2,080/mo
House
2 Beds
2 Baths
1,972 ft²
$380/ft²
$749,000 Sep 18, 2023
-
$206/mo
Condo
3 Beds
3 Baths
2,403 ft²
$374/ft²
$899,000 Jan 2, 2024
-
$704/mo
House
2 Beds
2 Baths
1,585 ft²
$568/ft²
$900,000 Feb 5, 2024
-
$476/mo
Condo
3 Beds
2 Baths
1,377 ft²
$617/ft²
$849,000 Mar 16, 2024
-
$1,262/mo
Condo
3 Beds
2 Baths
1,368 ft²
$676/ft²
$925,000 Mar 22, 2024
-
$456/mo
Condo
2 Beds
2 Baths
1,904 ft²
$460/ft²
$875,000 Apr 16, 2024
-
$187/mo
Condo
2 Beds
2.5 Baths
2,426 ft²
$309/ft²
$748,500 Jan 30, 2024
-
$180/mo

About Marco Island


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Nearby Rentals

Unit for rent at

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,154 ft²
Listing by Manager


Frequently Asked Questions

When was property at 540 Shalimar Street built and last sold?
The property at 540 Shalimar Street was built in 1995 and last sold on May 14, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 540 Shalimar Street is $833,442.
What are some comparable homes to 540 Shalimar Street?
There are currently no comparable homes to 540 Shalimar Street.

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