LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/6/2025 8:41 PM Current Working Values
SITE ADDRESS
507 SUMMIT AVE S
OWNER'S NAME
A + B INVESTMENTS + PROPERTIES
OWNER'S ADDRESS
109 MICK DR
MORGANVILLE NJ 07751
PROPERTY DESCRIPTION
LEHIGH ACRES UNIT 3
BLK 18 PB 15 PG 132
LOT 2
DOR CODE 00 - VACANT RESIDENTIAL
NBHD CODE
01-228.0
02-45-27
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
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
 
 
 
 
 
 
 
 
 
 
 
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 0 VAC RES RS-1 80 125 1.00 1.00 0 10,966.66 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 10,967
FOLIO ID: 10414812 STRAP: 14-45-27-L2-03018.0020
CARD 1 of 1
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
4609/2957 2/25/2005 06 08 V 26,900
4609/2956 1/31/2005 06 08 V 21,900
4556/3307 1/5/2005 02 02 V 20,000
2162/1967 7/1/1990 01 01 V 7,500
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 10,967
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 10,967
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.