LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/22/2025 2:22 PM Current Working Values
SITE ADDRESS
20618 CHESTNUT RIDGE DR
OWNER'S NAME
MAGNOLIA LANDING GOLF LLC
OWNER'S ADDRESS
3501 AVENIDA DEL VERA
NORTH FORT MYERS FL 33917
PROPERTY DESCRIPTION
MAGNOLIA LANDING UNIT ONE
DESC IN INST#2007-52500
TRACTS GC-1 THRU GC-10
DOR CODE 38 - GOLF COURSE, DRIVING RANGE
NBHD CODE
57-201.6
N. 41 CORRIDOR
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 4 WOOD TRUSS
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 1 MASONARY OR MINIMUM
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 0 NONE
HEATING TYPE 0 NONE
AC TYPE 0 NONE
QUALITY 2.0000 BELOW AVERAGE
UNITS IN BUILDING UNITS 1.00
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2006 300 100 300   49,283
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 300 300 49,283
          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 GREENSA GOLF COURSE GREENS - CL A - CHAMPIONSH 0.00 0.00 18.00 127,900.00 1.00 L 2006 2.00 0.64 - 1,473,408
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 1,473,408
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 3800 GOLF COURSE RPD 0 0 1.00 1.00 6 3,795.00 48.97 AC 1.00 - JF
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 185,841
FOLIO ID: 10542856 STRAP: 03-43-24-11-00GC1.0000
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.24 184.00 228.16 300 68,448 72% 49,283
IMP TYPE 123 - Restroom Building MODEL 9 - EDUCATIONAL/RECREATIONAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2008000328012 12/12/2008 04 04 V 24,023,800
4706/4787 5/9/2005 02 02 V 52,500,000
2083/516 7/11/1989 04 04 V 11,000,000
2000/351 6/12/1988 04 04 V 2,825,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 49,283 50,869
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES 1,473,408 1,519,452
LAND VALUE 185,841 185,841
COST APPROACH VALUE 1,708,532 1,756,162
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 1,708,532 1,756,162
MARKET VALUE 1,708,532 1,756,162