For SaleRisky Deal18 days on market
20850 Blacksmith Forge
20850 Blacksmith Forge, ESTERO, FL 33928, Estero, FL 33928
$299,000
Listing Price
20850 Blacksmith Forge, ESTERO, FL 33928
Loc: Estero, FL
Days Listed
18
Tax Assessed
$251k
Lot Size
4,948 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Three Oaks Elementary School
PK-5
1.3 mi away
8
Three Oaks Middle School
6-8
2.4 mi away
4
Estero High School
9-12
1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranchstucco exteriorasphalt shingle rooftwo-car garagesuburbantropical landscapingattached homeawningwell-manicured lawndrivewayresidentialsingle-storyFlorida style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.97%
Total ROI
88.5%
Cash Flow
$-65/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-65/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Estero
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-05 | Listed for sale | $299,000 | $263 |
| 2026-08-05 | Listing removed | $299,000 | $263 |
| 2026-05-30 | Listed for sale | $299,000 | $263 |
| 2026-05-15 | Listing removed | $299,000 | $263 |
| 2026-04-30 | Pending sale | $299,000 | $263 |
| 2026-04-17 | Listed for sale | $299,000 | $263 |
| 2026-03-17 | Listing removed | $317,900 | $279 |
| 2026-01-17 | Price change | $317,900 | $279 |
| 2025-09-18 | Price change | $335,000 | $294 |
| 2025-08-23 | Price change | $349,900 | $307 |
| 2025-05-31 | Listed for sale | $379,900 | $334 |
| 2022-07-06 | Sold | $259,600 | $228 |
| 2022-05-11 | Listed for sale | $340,000 | $299 |
| 2022-05-03 | Pending sale | $340,000 | $299 |
| 2022-04-18 | Price change | $340,000 | $299 |
| 2022-02-26 | Pending sale | $310,000 | $272 |
| 2022-02-17 | Price change | $310,000 | $272 |
| 2022-01-25 | Listed for sale | $330,000 | $290 |
| 2022-01-22 | Pending sale | $330,000 | $290 |
| 2021-12-30 | Listed for sale | $330,000 | $290 |
| 2020-02-07 | Listing removed | $198,000 | $174 |
| 2019-11-21 | Pending sale | $198,000 | $174 |
| 2019-09-05 | Price change | $198,000 | $174 |
| 2019-04-30 | Pending sale | $185,000 | $163 |
| 2019-04-09 | Listed for sale | $185,000 | $163 |
| 2016-10-31 | Sold | $214,000 | $188 |
| 2004-01-26 | Sold | $146,900 | $129 |
| 1999-12-17 | Sold | $110,000 | $97 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,639.62 | $251,374 |
| 2024 | $3,510.95 | $244,680 |
| 2023 | $3,663.82 | $256,403 |
| 2022 | $1,977.01 | $157,365 |
| 2021 | $1,923.18 | $152,782 |
| 2020 | $1,930.76 | $150,673 |
| 2019 | $1,885.21 | $157,465 |
| 2018 | $1,885.21 | $144,539 |
| 2017 | $1,879.68 | $158,264 |
| 2016 | $2,123.25 | $142,672 |
| 2015 | $1,488.24 | $141,408 |
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