LEE COUNTY PROPERTY APPRAISER 2023 Tax Roll GENERATED ON 4/27/2024 7:10 PM
SITE ADDRESS
21650 MADERA RD
OWNER'S NAME
MI FORMULA FIVE LLC
OWNER'S ADDRESS
5365 WALNUT HILLS DR
BRIGHTON MI 48116
PROPERTY DESCRIPTION
BAYLAND HEIGHTS
PB 11 PG 48
LOT 21

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
07-106.1
RED COCONUT TO ALBATROSS ST
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 3
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 4.0000 ABOVE AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT UNDER 8'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1979 1,833 100 1,833   104,462
FINISHED GARAGE 1979 462 40 185   10,543
FINISHED OPEN PORCH 1979 649 20 130   7,409
JACUZZI 2018 49 0 0   0
PATIO 1998 171 5 9   513
POOL PATIO 2018 593 0 0   0
POOL RESIDENTIAL 2018 301 0 0   0
   
   
   
   
   
   
   
   
   
TOTALS 4,058 2,157 122,926
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
3 BDOCK W DOCK - BOAT - WOODEN 24.00 8.00 192.00 38.11 1.00 L 1988 5.00 0.60 - 0
4 BOATLFT BOAT LIFT 0.00 0.00 1.00 7,210.00 1.00 L 1993 5.00 0.60 - 0
5 BDOCK W DOCK - BOAT - WOODEN 24.00 4.00 96.00 38.11 1.00 L 1993 5.00 0.60 - 0
6 SEAW C SEAWALL - CONCRETE 0.00 0.00 78.00 0.00 1.00 L 1979 0.00 1.00 - 0
7 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 1979 5.00 0.60 - 0
8 POOL R POOL - RESIDENTIAL 0.00 0.00 301.00 56.96 1.00 B 2018 2.00 0.92 - 15,773
9 PATIO C PATIO - CONCRETE 0.00 0.00 593.00 8.24 1.00 B 2018 2.00 0.92 - 4,495
10 JAZ B JACUZZI - TYPE B 0.00 0.00 1.00 8,652.00 1.00 B 2018 5.00 0.80 - 6,922
11 FNC AL4 FENCE - ALUM/VINYL - 4 FEET 99.00 1.00 99.00 35.02 1.00 L 2018 2.00 0.92 - 0
12 HT PUMP A/C-POOL HEATERS 0.00 0.00 1.00 2,678.00 1.00 B 2018 5.00 0.80 - 2,142
 
TOTAL OF EXTRA FEATURE VALUES 29,332
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 131 SFR CANAL RS-1 0 0 1.00 1.00 1 489,540.00 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 489,540
FOLIO ID: 10228807 STRAP: 28-46-24-W4-00400.0210
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.15 107.73 123.89 2,157 267,231 46% 122,926
IMP TYPE 99 - Florida Ranch MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2017000100945 5/8/2017 01 01 I 585,000
2221/4772 5/1/1991 06 06 I 199,000
1384/836 9/1/1979 06 06 V 120,000
 
 
 
 
VALUE SUMMARY 2023 2022
BUILDING COST VALUE 122,926 148,802
BUILDING EXTRA FEATURES 29,332 28,326
LAND EXTRA FEATURES 14,101 14,031
LAND VALUE 489,540 316,525
COST APPROACH VALUE 655,899 507,684
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 489,550 1,020,764
MARKET VALUE 489,550 1,020,764
LEE COUNTY PROPERTY APPRAISER 2023 Tax Roll GENERATED ON 4/27/2024 7:10 PM
SITE ADDRESS
21650 MADERA RD
OWNER'S NAME
MI FORMULA FIVE LLC
OWNER'S ADDRESS
5365 WALNUT HILLS DR
BRIGHTON MI 48116
PROPERTY DESCRIPTION
BAYLAND HEIGHTS
PB 11 PG 48
LOT 21

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
07-106.1
RED COCONUT TO ALBATROSS ST
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION SLAB ON GRADE
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY STREET GRADE
EXTRA SINK (WET BAR) XWB 1.00
HURRICANE SHUTTERS HSHUTT SHUTTERS PANEL & ELECTRIC
LIVING UNITS LVGU 1.00
UNITS IN BUILDING UNITS 1.00
 
 
 
 
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
 
 
 
 
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10228807 STRAP: 28-46-24-W4-00400.0210
CARD 1 of 1 (Continued)
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY 2023 2022
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10228807 PARCEL NO: 28-46-24-W4-00400.0210
FLOOR 0
Floor plan
FLOOR 1
Floor plan