LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/14/2025 11:29 PM Current Working Values
SITE ADDRESS
506 AMES ST E
OWNER'S NAME
BABU CAPITAL LLC
OWNER'S ADDRESS
125 W ELLSWORTH RD
ANN ARBOR MI 48108
PROPERTY DESCRIPTION
LEHIGH ACRES UNIT 13
BLK 86 PB 18 PG 66
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 0 0 1.00 1.00 0 11,076.48 1.00 LT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 11,076
FOLIO ID: 10423500 STRAP: 21-45-27-L4-00086.0020
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
2006000433652 11/17/2006 02 02 V 220,000
2006000065528 2/8/2006 06 08 V 45,000
1893/409 1/1/1987 07 07 V 10,700
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE * *
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE * 11,076
COST APPROACH VALUE * *
INCOME APPROACH VALUE * *
SALES APPROACH VALUE * *
MARKET VALUE * 11,076
* The Approaches to value on this parcel are incomplete or not applicable due to age or parcel type.