LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 5/6/2025 7:24 AM
SITE ADDRESS
438 READING ST
OWNER'S NAME
SECOND AVENUE SFR HOLDINGS III
OWNER'S ADDRESS
71 S WACKER STE 2775
CHICAGO IL 60606
PROPERTY DESCRIPTION
SOUTHWOOD UNIT 25
BLK 128 PB 26 PG 89
LOT 4
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
01-164.0
LEHIGH ACRES 08-45-27
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 4
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 14 ELONGATED HIP
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 9 PINE/LAMINATE/LUXURY VINYL
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2022 1,833 100 1,833   226,035
FINISHED GARAGE 2022 435 40 174   21,457
FINISHED OPEN PORCH 2022 161 20 32   3,946
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,429 2,039 251,438
          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
 
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 100 SFR RS-1 0 0 1.00 1.00 0 15,886.76 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 15,887
FOLIO ID: 10406854 STRAP: 08-45-27-L2-25128.0040
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.98 127.10 124.56 2,039 253,978 99% 251,438
IMP TYPE 102 - Ranch MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2021000156654 5/5/2021 01 01 V 13,000
2021000105026 3/30/2021 05 05 V 702,000
2010000028980 2/2/2010 11 11 V 2,700
2492/2191 4/1/1994 01 01 V 7,900
2490/1353 3/1/1994 01 01 V 1,100
 
 
VALUE SUMMARY 2024 2023
BUILDING COST VALUE 251,438 277,095
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 15,887 8,450
COST APPROACH VALUE 267,325 285,545
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 279,437 224,381
MARKET VALUE 279,437 224,381
LEE COUNTY PROPERTY APPRAISER 2024 Tax Roll GENERATED ON 5/6/2025 7:24 AM
SITE ADDRESS
438 READING ST
OWNER'S NAME
SECOND AVENUE SFR HOLDINGS III
OWNER'S ADDRESS
71 S WACKER STE 2775
CHICAGO IL 60606
PROPERTY DESCRIPTION
SOUTHWOOD UNIT 25
BLK 128 PB 26 PG 89
LOT 4
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
01-164.0
LEHIGH ACRES 08-45-27
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 TRADITIONAL
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
HURRICANE SHUTTERS HSHUTT SHUTTERS PANEL & MANUAL
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: 10406854 STRAP: 08-45-27-L2-25128.0040
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 2024 2023