LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/29/2024 9:46 AM Current Working Values
SITE ADDRESS
1227 SE 47TH ST
OWNER'S NAME
1227 SE 47TH ST LLC
OWNER'S ADDRESS
842 RAMSGATE LN
OXFORD MI 48371
PROPERTY DESCRIPTION
CAPE CORAL UNIT 7
BLK 359 PB 12 PG 124
LOTS 16 THRU 19

DOR CODE 17 - OFFICE, ONE STORY
NBHD CODE
58-207.0
CAPE DOWNTOWN CRA
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 0
BATHROOMS 0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 9 RIGID FRAME W/BAR
ROOF COVER 4 BUILD UP TAR AND G
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 4 ROOF TOP
QUALITY 3.0000 AVERAGE
LIVING UNITS LVGU 0.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 1974 3,965 100 3,965   *
FINISHED OPEN PORCH 1974 211 30 63   *
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 4,176 4,028 0
          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 BLK TOP BLACK TOP - IMPROVED 0.00 0.00 6852.00 4.00 1.00 L 1974 2.00 0.60 - *
2 OHDOR S OVERHEAD DOOR - SMALL LESS THAN 10X10 0.00 0.00 1.00 900.00 1.00 B 2008 2.00 0.70 - *
 
 
 
 
 
 
 
 
 
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 1700 1STORY OFF SC 100 125 1.00 1.00 0 10.00 12,500.00 SF 1.00 - DB
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 125,000
FOLIO ID: 10189997 STRAP: 07-45-24-C3-00359.0160
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.13 145.94 164.91 4,028 664,257 68% 451,695
IMP TYPE 49 - Offices - Low Rise MODEL 5 - OFFICE/MEDICAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2018000134845 5/18/2018 01 01 I 475,000
2008000287837 10/29/2008 06 06 I 600,000
2005000062850 9/1/2005 06 06 I 950,000
4497/1216 11/11/2004 06 06 I 435,000
1877/2088 10/1/1986 06 06 I 135,000
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 125,000
COST APPROACH VALUE * *
INCOME APPROACH VALUE 778,225 778,225
SALES APPROACH VALUE * *
MARKET VALUE * 778,225
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.