LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/28/2025 5:55 PM Current Working Values
SITE ADDRESS
516 NW 3RD LN
OWNER'S NAME
MORELL GERARDO & BRANDY
OWNER'S ADDRESS
516 NW 3RD LN
CAPE CORAL FL 33993
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2578 PB 17 PG 21
LOTS 11 THRU 14
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-129.0
CAPE CORAL UNIT 37
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 3
BATHROOMS 2.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 12 MODULAR METAL\SHINGLE
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 14 CARPET
INTERIOR FLOOR 11 CERAMIC CLAY TILE
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
1 STORY SCREEN ENCL 2021 1,112 13 145   16,289
BASE 2004 1,437 100 1,437   161,433
FINISHED ENCLOSED PORCH 2004 231 70 162   18,199
FINISHED GARAGE 2004 441 40 176   19,772
FINISHED SCREEN PORCH 2004 25 30 8   899
UNFINISHED OPEN PORCH 2021 32 15 5   562
UNFINISHED SCREENED PORCH 2004 20 20 4   449
UNFINISHED SCREENED PORCH 2011 117 20 23   2,584
   
   
   
   
   
   
   
   
TOTALS 3,415 1,960 220,186
          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 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 186.00 1.00 186.00 51.00 1.00 L 2016 2.00 0.84 - 7,968
2 FNC AL6 FENCE - ALUM/VINYL - 6 FEET 240.00 1.00 240.00 51.00 1.00 L 2018 2.00 0.88 - 10,771
3 POOL R POOL - RESIDENTIAL 0.00 0.00 350.00 105.95 1.00 B 2021 2.00 0.94 - 34,858
4 PATIO C PATIO - CONCRETE 0.00 0.00 762.00 10.53 1.00 B 2021 2.00 0.94 - 7,542
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 61,139
                  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 R1 80 125 1.00 1.00 0 39,154.00 1.00 UT 1.00 - AVM
2 0 VAC RES R1 80 125 1.00 1.00 0 39,154.00 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 78,308
FOLIO ID: 10583182 STRAP: 11-44-23-C4-02578.0110
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.00 137.00 137.00 1,960 268,520 82% 220,186
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
 
 
 
 
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 220,186 206,766
BUILDING EXTRA FEATURES 42,400 43,302
LAND EXTRA FEATURES 18,739 19,174
LAND VALUE 78,308 78,308
COST APPROACH VALUE 359,633 347,550
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 359,633 325,142
MARKET VALUE 359,633 325,142
LEE COUNTY PROPERTY APPRAISER GENERATED ON 5/28/2025 5:55 PM Current Working Values
SITE ADDRESS
516 NW 3RD LN
OWNER'S NAME
MORELL GERARDO & BRANDY
OWNER'S ADDRESS
516 NW 3RD LN
CAPE CORAL FL 33993
PROPERTY DESCRIPTION
CAPE CORAL UNIT 37
BLK 2578 PB 17 PG 21
LOTS 11 THRU 14
DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-129.0
CAPE CORAL UNIT 37
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION STEM WALL
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY CONC/ASPH
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
HURRICANE SHUTTERS HSHUTT SHUTTERS ON PORTION OF HOME
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: 10583182 STRAP: 11-44-23-C4-02578.0110
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