LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/3/2025 9:45 PM Current Working Values
SITE ADDRESS
421 NW 1ST AVE
OWNER'S NAME
IH4 PROPERTY FLORIDA LP
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2602 PB 17 PG 26
LOTS 11 + 12

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 3
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 3 GABLE OR HIP
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
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 2003 1,338 100 1,338   131,980
FINISHED GARAGE 2003 402 40 161   15,881
FINISHED OPEN PORCH 2003 16 20 3   296
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 1,756 1,502 148,157
          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 60,563
FOLIO ID: 10063891 STRAP: 11-44-23-C2-02602.0110
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.90 137.00 123.30 1,502 185,197 80% 148,157
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
2014000120982 5/23/2014 01 01 I 103,500
2009000006942 1/8/2009 12 02 I 69,700
4293/1143 4/19/2004 08 08 I 134,400
4055/1385 8/29/2003 06 06 I 113,400
3924/2555 4/23/2003 08 08 V 16,000
2511/3913 6/1/1994 07 07 V 15,000
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 148,157 130,578
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 60,563 60,563
COST APPROACH VALUE 208,720 191,141
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 192,354 223,857
MARKET VALUE 192,354 223,857
LEE COUNTY PROPERTY APPRAISER GENERATED ON 7/3/2025 9:45 PM Current Working Values
SITE ADDRESS
421 NW 1ST AVE
OWNER'S NAME
IH4 PROPERTY FLORIDA LP
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2602 PB 17 PG 26
LOTS 11 + 12

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 STEM WALL
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
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: 10063891 STRAP: 11-44-23-C2-02602.0110
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