LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/8/2025 6:59 PM Current Working Values
SITE ADDRESS
437 READING ST
OWNER'S NAME
SECOND AVENUE SFR HOLDINGS III
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
SOUTHWOOD UNIT 25
BLK 129 PB 26 PG 89
LOT 18
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
01-164.0
LEHIGH ACRES 08-45-27
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   231,207
FINISHED GARAGE 2023 435 40 174   21,948
FINISHED OPEN PORCH 2023 161 20 32   4,036
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,429 2,039 257,191
          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 RS-1 0 0 1.00 1.00 0 15,886.76 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 15,887
FOLIO ID: 10406888 STRAP: 08-45-27-L2-25129.0180
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.93 137.00 127.41 2,039 259,789 99% 257,191
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
2022000079661 3/9/2022 01 01 V 15,000
2020000318492 12/17/2020 01 01 V 4,999
2005000148746 11/28/2005 06 06 V 40,000
2105/583 10/1/1989 07 07 V 7,700
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 257,191 238,600
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 15,887 15,887
COST APPROACH VALUE 273,078 254,487
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 273,078 276,651
MARKET VALUE 273,078 276,651
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/8/2025 6:59 PM Current Working Values
SITE ADDRESS
437 READING ST
OWNER'S NAME
SECOND AVENUE SFR HOLDINGS III
OWNER'S ADDRESS
PO BOX 4900
SCOTTSDALE AZ 85261
PROPERTY DESCRIPTION
SOUTHWOOD UNIT 25
BLK 129 PB 26 PG 89
LOT 18
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
01-164.0
LEHIGH ACRES 08-45-27
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 STREET GRADE
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: 10406888 STRAP: 08-45-27-L2-25129.0180
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