3703 Michigan Ave, Fort Myers, FL 33916

4 beds, 3 baths, 2,582 sqft
Foreclosure
$63,000
Foreclosure Estimate: $65,436
Est. Mortgage:

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These properties are currently listed for sale. They are owned by a bank or a lender who took ownership through foreclosure proceedings. These are also known as bank-owned or real estate owned (REO).

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My Notes
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Very large property that needs a bit of work. Excellent rental opportunity. Property is being sold "as is" and is subject to HUD Guidelines 24 CFR 206.125 Brokered And Advertised By: Schooner Bay Realty, Inc. Listing Agent: Dustin Guthrie
Facts
  • Lot: 6,969 sqft
  • Single Family
  • Built in 1986
  • 102 days on Zillow
  • Cooling: Central
  • Last sold: Mar 2008 for $138,800
  • Price/sqft: $24
  • MLS #: 214043158
Features
  • Controlled Access
  • Gated Entry
  • Pool
  • View: City
  • Wired
Construction
  • Construction quality: 5.0
  • Roof type: Asphalt
  • # Stories: 1.0
  • Unit count: 1
Other
  • Floor size: 2,582 sqft
  • Heating: Electric
  • Last remodel year: 1986
  • Lot depth: 140
  • Lot width: 55
  • Parcel #: 174425P2018L00010
  • Zillow Home ID: 45458343

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DATEForeclosed$000,000The lender, Unknown, has taken ownership of this property through a foreclosure auction for the amount of $000,000. The lender may list it for sale as a foreclosure property in the future. Zillow's Foreclosure Estimate predicts this property will sell for $000,000
DATEForeclosure auction$000,000The owner of this property has been served a Notice of Trustee Sale which led to foreclosure and the lender taking ownership. A foreclosure auction was held on Date
DATEHome in default$000,000The owner of this property has been served a Notice of Default. The loan in default was issued by Unknown on Date in the amount of $000,000
DATEPrevious sale$000,000The home was last sold for $000,000.

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Home Values
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$88,428
+$0 Last 30 daysd
$57K
$121K
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$1,077/mo
+$22 Last 30 daysd
$819
$1.8K
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Neighborhood for 3703 Michigan Avenue

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Zillow predicts 33916 home values will increase 6.6% next year, compared to a 4.9% rise for Fort Myers as a whole. Among 33916 homes, this home is 11.9% less expensive than the midpoint (median) home, and is priced 60% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 33916 market, the number of foreclosures waiting to be sold dropped 186.1% in the last year. The number of unsold foreclosures is 200.7% higher than in Fort Myers, and 564.2% higher than the national average. This higher local number may prevent 33916 home values from rising as quickly as other regions in Fort Myers.

Learn more about forecast calculations or 33916 home values.
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