LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 5:47 AM Current Working Values
SITE ADDRESS
408 NW 4TH TER
OWNER'S NAME
INVITATION HOMES 7 L P
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2593 PB 17 PG 22
LOTS 26 + 27

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-129.0
CAPE CORAL UNIT 37
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 2023 1,809 100 1,809   240,448
FINISHED GARAGE 2023 407 40 163   21,666
FINISHED OPEN PORCH 2023 33 20 7   930
PATIO 2023 64 5 3   399
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,313 1,982 263,442
          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 R1 80 125 1.00 1.00 0 47,367.14 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 47,367
FOLIO ID: 10063644 STRAP: 11-44-23-C1-02593.0260
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.98 137.00 134.26 1,982 266,103 99% 263,442
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
2023000385202 12/7/2023 01 01 I 319,375
2023000229658 6/30/2023 01 03 V 55,000
2023000032506 1/24/2023 11 11 V 37,119
2019000031175 1/30/2019 01 37 V 23,000
2019000027399 1/30/2019 01 01 V 7,500
2019000008626 12/26/2018 01 30 V 4,000
2236/3113 5/1/1991 01 01 V 3,000
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 263,442 244,409
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 47,367 47,367
COST APPROACH VALUE 310,809 291,776
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 310,809 271,487
MARKET VALUE 310,809 271,487
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/15/2025 5:47 AM Current Working Values
SITE ADDRESS
408 NW 4TH TER
OWNER'S NAME
INVITATION HOMES 7 L P
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2593 PB 17 PG 22
LOTS 26 + 27

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-129.0
CAPE CORAL UNIT 37
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 2.00
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: 10063644 STRAP: 11-44-23-C1-02593.0260
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