LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/14/2025 6:30 AM Current Working Values
SITE ADDRESS
480 NE 3RD AVE
OWNER'S NAME
SHANKAR KARTHIKEYAN &
OWNER'S ADDRESS
480 NE 3RD AVE
CAPE CORAL FL 33909
PROPERTY DESCRIPTION
CAPE CORAL UNIT 35
BLK 2365 PB 16 PG 105
LOTS 29 + 30

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-152.0
CAPE CORAL UNIT 35
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 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 14 CARPET
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 1,622 100 1,622   206,881
FINISHED GARAGE 2022 639 40 256   32,652
FINISHED OPEN PORCH 2022 337 20 67   8,546
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,598 1,945 248,079
          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 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2022 5.00 0.90 - *
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 0
                  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 82 125 1.00 1.00 0 44,607.11 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 44,607
FOLIO ID: 10047523 STRAP: 12-44-23-C1-02365.0290
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.95 137.00 130.15 1,945 253,142 98% 248,079
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
2022000118462 4/8/2022 01 01 I 352,990
2021000294539 8/16/2021 05 05 V 675,500
2021000282044 8/16/2021 01 01 V 46,000
2016000105938 5/13/2016 01 30 V 23,000
2016000105114 5/11/2016 05 05 V 62,100
2015000246701 11/6/2015 05 05 V 759,500
2007000332390 10/29/2007 02 02 V 16,240,000
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 248,079 232,510
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 44,607 44,607
COST APPROACH VALUE 292,686 277,117
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 292,686 311,161
MARKET VALUE 292,686 311,161
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/14/2025 6:30 AM Current Working Values
SITE ADDRESS
480 NE 3RD AVE
OWNER'S NAME
SHANKAR KARTHIKEYAN &
OWNER'S ADDRESS
480 NE 3RD AVE
CAPE CORAL FL 33909
PROPERTY DESCRIPTION
CAPE CORAL UNIT 35
BLK 2365 PB 16 PG 105
LOTS 29 + 30

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-152.0
CAPE CORAL UNIT 35
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
VAULTED CEILINGS VLTCLNG 3.00
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: 10047523 STRAP: 12-44-23-C1-02365.0290
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