LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/29/2026 7:37 PM Current Working Values
SITE ADDRESS
1235 NE 40TH ST
OWNER'S NAME
SECOND AVENUE SFR HORLDINGS II
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
CAPE CORAL UNIT 87
BLK 5713 PB 24 PG 71
LOTS 39 + 40

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-134.0
CAPE CORAL UNIT 87
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 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 2023 1,833 100 1,833   240,566
FINISHED GARAGE 2023 435 40 174   22,836
FINISHED OPEN PORCH 2023 161 20 32   4,200
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,429 2,039 267,602
          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 30,191.62 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 34,723
FOLIO ID: 10132299 STRAP: 18-43-24-C3-05713.0390
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.93 144.00 133.92 2,039 273,063 98% 267,602
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
2022000151757 4/29/2022 30 30 V 930,656
2022000085322 3/9/2022 01 01 V 30,000
2021000249524 7/19/2021 01 01 V 23,000
2015000246215 11/3/2015 01 01 V 15,900
2015000182885 8/12/2015 05 05 V 824,000
2007000332390 10/29/2007 02 02 V 16,240,000
2005000099469 9/21/2005 06 08 V 90,000
VALUE SUMMARY Current Values 2025
BUILDING COST VALUE 267,602 257,191
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 34,723 34,723
COST APPROACH VALUE 302,325 291,914
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 261,081 261,081
MARKET VALUE 261,081 261,081
LEE COUNTY PROPERTY APPRAISER GENERATED ON 10/29/2026 7:37 PM Current Working Values
SITE ADDRESS
1235 NE 40TH ST
OWNER'S NAME
SECOND AVENUE SFR HORLDINGS II
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
CAPE CORAL UNIT 87
BLK 5713 PB 24 PG 71
LOTS 39 + 40

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-134.0
CAPE CORAL UNIT 87
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 TRADITIONAL
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
VAULTED CEILINGS VLTCLNG 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: 10132299 STRAP: 18-43-24-C3-05713.0390
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 2025