ParkingAttached, Garage, Guest, Paved, RV Access/Parking, Two Spaces, Garage Door Opener
Attached Garage2 spaces
Year Built1959
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontBay, Canal, Navigable Water, Seawall
ViewBay, Canal
Private PoolYes
MLS #224000580
Lot Size0.23 Acres
StatusActive
About 489 Madison Ct
REDUCED! MOTIVATED SELLER! WAKE UP TO UNENDING VIEWS OF ESTERO BAY WITH BOATING ACCESS TO THE GULF AND BEYOND. This home has recently been totally remodeled including impact resistant windows and doors, new floors, appliances, kitchen, bathrooms, including everything from floor to ceiling. The exterior includes new paint and landscaping. The bayside includes a heated underground pool and jacuzzi. The pool deck and Tiki Hut overlook Estero Bay. This property is a Boaters Dream as it includes a large BOAT LIFT on the Bay and a smaller BOAT LIFT on the canal located on the side of the home. Enjoy fishing from your dock and watching the dolphins play or take a short walk to the white sandy Gulf beach.
This property is $2.2M more than the Median Sold Price and $948/SqFt more than other homes in Fort Myers Beach, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: SWFL
MLS Number: #224000580
Listing Office:
Office Name: Fort Myers Beach Realty
Office Phone: (239) 463-4300
Listing Agent: Bob Brown
The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/29/2024, 2:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 01, 2017
Jun 01, 2017Home Sold
$1,185,000
Apr 06, 2016
Apr 06, 2016Home Sold
$1,000,000
Feb 15, 2012
Feb 15, 2012Home Sold
$740,000
Jun 20, 2011
Jun 20, 2011Home Sold
$455,600
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$14,357
$985,045
2019
$14,119
$962,898
2018
$13,569
$938,095
2017
$15,424
$1,014,229
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15K
Per Month
Principal & Interest
$14.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,061
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
10
/10
Fort Myers Beach Elementary School
2751 Oak St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school5.10 miles
Public Magnet Grades PK-5
Middle School
3
/10
Lexington Middle School
16351 Summerlin Rd
Distance between this listing and this school3.57 miles
Public District Grades 6-8
5
/10
Cypress Lake Middle School
8901 Cypress Lake Dr
Distance between this listing and this school6.72 miles
Public District Grades 6-8
5
/10
Three Oaks Middle School
18500 3 Oaks Pkwy
Distance between this listing and this school8.42 miles
Public District Grades 6-8
High School
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school6.63 miles
Public Magnet Grades 9-12
2
/10
South Fort Myers High School
14020 Plantation Rd
Distance between this listing and this school7.92 miles
Public District Grades 9-12
3
/10
Estero High School
21900 River Ranch Rd
Distance between this listing and this school8.47 miles
Public District Grades 9-12
Assigned Schools
10
/10
Fort Myers Beach Elementary School
2751 Oak St
Distance between this listing and this school0.60 miles
Public District Grades PK-5
7
/10
Heights Elementary School
15200 Alexandria Ct
Distance between this listing and this school5.10 miles
Public Magnet Grades PK-5
Nearby Schools
8
/10
Rayma C. Page Elementary School
17000 S Tamiami Trl
Distance between this listing and this school5.84 miles
Public District Grades PK-5
Assigned Schools
3
/10
Lexington Middle School
16351 Summerlin Rd
Distance between this listing and this school3.57 miles
Public District Grades 6-8
5
/10
Cypress Lake Middle School
8901 Cypress Lake Dr
Distance between this listing and this school6.72 miles
Public District Grades 6-8
5
/10
Three Oaks Middle School
18500 3 Oaks Pkwy
Distance between this listing and this school8.42 miles
Public District Grades 6-8
Assigned Schools
4
/10
Cypress Lake High School
6750 Panther Ln
Distance between this listing and this school6.63 miles
Public Magnet Grades 9-12
2
/10
South Fort Myers High School
14020 Plantation Rd
Distance between this listing and this school7.92 miles
Public District Grades 9-12
3
/10
Estero High School
21900 River Ranch Rd
Distance between this listing and this school8.47 miles
The neighbors living near this home have an average income of $73,093. The most common annual income of people living in Fort Myers Beach, FL is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 489 Madison Ct
What is the listing price of this property?
The listing price of 489 Madison Ct property is $2,999,998.
What type of property is this?
The property 489 Madison Ct is a house located in Fort Myers Beach, Florida, 33931.
Is this property for sale now?
Active Listing: 489 Madison Ct is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 489 Madison Ct are: Fort Myers Beach Elementary School: GreatSchools Rating 10/10Heights Elementary School: GreatSchools Rating 7/10Lexington Middle School: GreatSchools Rating 3/10Cypress Lake Middle School: GreatSchools Rating 5/10Three Oaks Middle School: GreatSchools Rating 5/10Cypress Lake High School: GreatSchools Rating 4/10South Fort Myers High School: GreatSchools Rating 2/10Estero High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $14,357 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 1, 2017 for $1,185,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 489 Madison Ct has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 489 Madison Ct is 1,987 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 489 Madison Ct is 1959.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 489 Madison Ct in Fort Myers Beach, FL and zip code 33931. This 1,987 square foot home, which was built in 1959, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $2,999,998.
Over 1 listings were sold over their listed price in March 2024 in Fort Myers Beach, FL. In the same period over 23 listings were sold below the listed price and 5 listings were sold for the listed price. In March 2024 in Fort Myers Beach, FL there were 7.7% more homes for sale than in February 2024. In March 2024 median list price was $744,250 and the average listing age was 76 days.
From Rocket Homes Real Estate and based on county public records data.