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518 Michael Avenue

518 Michael Avenue, Lehigh Acres, FL 33936
House in Joel
Sold Feb 15, 2022
$230,000
$225,834 by T2 Financial Llc
Mortgage Due Mar 01, 2052
Sold Jul 22, 2019
$160,000
$157,102 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2049
518 Michael Avenue in Lehigh Acres, FL was first built in 1985 and is 39 years old. Although, the building on the property was most recently renovated and altered in 1988. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 518 Michael Avenue has 1,166 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,040 ft and the linear feet between the front and back of the lot is 2,090. In total, the area measurement of the land is 21,780 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a carport. The garage is 252 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 518 Michael Avenue sold most recently in Feb 15, 2022 for a total of $230,000. If you work out the math, that's approximately a cost of $81.07 per sqft. Before that, the property was also sold for $160,000 in Jul 12, 2019. 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 $2,695 in taxes each year. 518 Michael Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $200,349. If we break it down further, the land itself was valued at $17,343. Improvements to the property, however, were assessed at a total of $153,752. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Parking

Covered Parking
Paved Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 252
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 2,837
  • Gross Building Area: 2,837
  • Building Area: 1,166
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,166
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEHIGH ACRES
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEHIGH ACRES UNIT 6 BLK.21 DB 254 PG 35 LOT 3

Ownership

  • Current Owner : WOODRUFF HOPE
  • Current Owner 2: SANCHEZ MARIYAH
  • Previous Owner : REISER JENNIFER N
  • Owner Before Previous Owner: MCKENZIE CHRISTOPHER C
  • Owner Before Previous Owner 2: MCKENZIE JULIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 040211

Zoning

  • Zoning: RS1

Geography

  • Assessors Map Reference: 32D
  • Account Number: 10386213
  • Subdivision Tract Number: 06
  • Parcel: 27-44-27-06-00021.0030
  • Block: 21
  • Lot: 3
  • Meridian: SEC 27 TWN 44S RNG 27E
  • Municipality: LEHIGH ACRES FIRE & LIGHT
  • Latitude: 26.6208
  • Longitude: -81.602

    Address

  • Full Address: 518 Michael Ave
  • Legal Unit: 6
  • Address - House Number: 518
  • Address - Street Name: Michael
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lehigh Acres
  • Carrier Code: C060
  • 4-Digit Zip Code: 1044
  • Zip Code: 33936

Valuation

    Tax

  • Total Area: 1,432
  • Tax Year: 2023
  • Tax Amount: $2,695
  • Tax Rate Code Area: 048

    Appraisal Valuation

  • Standard Deviation: 0.235
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 276,724
  • High Value: 341,764
  • Low Value: 211,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,834
  • First Open Lien Mortgage Lender: T2 FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Feb 15, 2022
  • First Open Lien Mortgage Loan Amount: $225,834
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $200,349
  • Market Land Value: $17,343
  • Market Improvement Value: $153,752

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,349
  • Assessed Land Value: $17,343
  • Assessed Improvements Value: $153,752

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2022
  • Current Sale Recording Date: Feb 15, 2022
  • Current Sale Transaction ID: 11879903045
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 52184
  • Previous Sale Recording Date: Jul 22, 2019
  • Previous Sale Contract Date: Jul 12, 2019
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: T2 FINANCIAL LLC
  • First Mortgage Transaction Date: Feb 15, 2022
  • First Mortgage Loan Amount: $225,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jul 22, 2019
  • Previous Mortgage Loan Amount: $157,102
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Joel



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Frequently Asked Questions

What neighborhood is 518 Michael Avenue located in?
The 518 Michael Avenue is a house located in the neighborhood of Joel in Joel, Lehigh Acres.
What is the average sales price for listings in 518 Michael Avenue?
The average sales price for units in 518 Michael Avenue is $0 currently.

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