LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/13/2025 9:10 AM Current Working Values
SITE ADDRESS
1640 NW 38TH AVE
OWNER'S NAME
APSTONE CAPITAL GROUP LLC
OWNER'S ADDRESS
1395 BRICKELL AVE #800
MIAMI FL 33131
PROPERTY DESCRIPTION
CAPE CORAL UNIT 61
BLK 4283 PB 21 PG 5
LOTS 31 + 32

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-113.0
CAPE CORAL UNIT 61
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 3
BATHROOMS 3.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 3 ASPHALT OR COMPOSITION
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 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
1 STORY SCREEN ENCL 2023 798 13 104   15,657
BASE 2023 2,138 100 2,138   321,874
FINISHED GARAGE 2023 437 40 175   26,346
FINISHED OPEN PORCH 2023 284 20 57   8,581
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,657 2,474 372,459
          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
1 POOL R POOL - RESIDENTIAL 0.00 0.00 288.00 105.95 1.00 B 2023 2.00 0.98 - 29,903
2 PATIO B PATIO - BRICK AND TILE 0.00 0.00 510.00 12.78 1.00 B 2023 1.00 0.99 - 6,453
3 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2023 5.00 0.95 - *
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 36,356
                  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 R1 80 125 1.00 1.00 0 40,014.05 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 44,413
FOLIO ID: 10037267 STRAP: 31-43-23-C4-04283.0310
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.11 137.00 152.07 2,474 376,221 99% 372,459
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
2021000319206 9/24/2021 01 01 V 47,000
2010000074304 3/23/2010 11 11 V 5,900
4793/2575 5/20/2005 06 08 V 96,000
2209/320 1/1/1991 06 06 V 5,700
845/59 7/1/1972 06 06 V 2,470
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 372,459 345,542
BUILDING EXTRA FEATURES 36,356 36,290
LAND EXTRA FEATURES * *
LAND VALUE 44,413 44,413
COST APPROACH VALUE 453,228 426,245
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 439,625 471,132
MARKET VALUE 439,625 471,132
LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/13/2025 9:10 AM Current Working Values
SITE ADDRESS
1640 NW 38TH AVE
OWNER'S NAME
APSTONE CAPITAL GROUP LLC
OWNER'S ADDRESS
1395 BRICKELL AVE #800
MIAMI FL 33131
PROPERTY DESCRIPTION
CAPE CORAL UNIT 61
BLK 4283 PB 21 PG 5
LOTS 31 + 32

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-113.0
CAPE CORAL UNIT 61
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION STEM WALL
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY BRICK/TILE/BOM
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
EXTRA SINK (WET BAR) XWB 1.00
TRAY CEILINGS TRAYS 3.00
HURRICANE SHUTTERS HSHUTT HURRICANE GLASS
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: 10037267 STRAP: 31-43-23-C4-04283.0310
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 Current Values 2024