NOT LISTED FOR SALE

1003 SW 47th Terrace Unit 101 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $220,986 - $269,000

2 Beds
2 Baths
1,203 Sq Ft
$575/mo HOA Fee

Last Sold August 08, 2023

Last sale price $280,000 $233 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,130/month

62 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Community Pool

About This Home

As of August 2023

HIGH DEMAND! LOW INVENTORY! This ground floor, corner, gulf access, 2 bed, 2 bath condo in SW Cape Coral is offered for under $300K! Pride of ownership abounds throughout. Enter the home, via your new Anderson storm/screen door, noting the freshly painted wrought iron handrail. The kitchen showcases stainless steel appliances, a tile backsplash, a well-maintained countertop, and a tray ceiling. The heart of the home, the kitchen, is within perfect proximity for entertaining. Once in the living area, you'll immediately be awed by the view of the intersecting canals, just steps from your recently renovated 3-season, screened and windowed, oversized lanai with high-end porcelain tile, fresh paint, a new washer and dryer, and extra storage. The view and tranquility will never get old. An open floor plan home, featuring split bedrooms, renovated bathrooms, and a captivating view of the pool just steps from your living room, is sure to impress. Enjoy this boater's paradise, well positioned between Cape Harbor & Tarpon Point, is close to fine dining and shopping. Just one bridge with a 10' 3" clearance. A new roof is on it's way! Seller will pay $4,400 roof assessment prior to closing.

Last Agent to Sell the Property

Verna Regler

Century 21 Selling Paradise License #258030471 Listed on: 06/06/2023

Century 21 Selling Paradise

Last Buyer's Agent

Cynthia 'Cindy' Brown

Gulf Coast Living Real Estate, Inc License #260031393

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,452

Year Built

  • Built in 1984

Lot Details

  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $575 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,203 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Attached Carport Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Schools

  • Lee County Elementary And Middle School
  • Lee County High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 101 / 600
  • Assessor Parcel Number 10-45-23-C3-00600.1010

Community Details

Overview

  • Association fees include management, insurance, internet, ground maintenance, pest control, road maintenance
  • Association Phone (239) 542-7712
  • Linderhof Condo Subdivision

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,452

Year Built

Built in 1984

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1477
  • Lot Size: 142 x 46 x 143 x 46
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: LINDERHOF CONDO
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bedroom on Main Level, Tray Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Main Level Master, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Living Area: 1203.0
  • Stories: 1
  • Window Features: Other, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Pool, Water
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Deed Restriction, Seller Disclosure, Special Assessment
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Assigned, Covered, Guest, Paved, One Space, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel, Non-Gated
  • Amenities: Boat Dock, Pool, Storage, Sidewalks
  • Association #2 Fee: 575.0
  • Association #2 Fee Frequency: Monthly
  • Phone: (239) 542-7712
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Internet, Maintenance Grounds, Pest Control, Road Maintenance

Schools

  • Elementary School: LEE COUNTY
  • High School: LEE COUNTY
  • Middle Or Junior School: LEE COUNTY

Lot Info

  • Parcel #: 10-45-23-C3-00600.1010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3451.75
  • Tax Block: 600
  • Tax Lot: 101
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Aug 8, 2023
Sold by
Sandra Stout Revocable Trust
Bought by
Sommer Robert Blake
Seller's Agent
Verna Regler
Century 21 Selling Paradise
Buyer's Agent
Cynthia 'Cindy' Brown
Gulf Coast Living Real Estate, Inc
List Price
$299,750
Sold Price
$280,000
Premium/Discount to List
-$19,750
-6.59%
Views
92
Current Estimated Value
$242,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,253
Avg. Annual Appreciation
-5.94%
Original Mortgage
$170,000
Outstanding Balance
$166,054
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$76,693

Purchase Details

Listed on
Apr 21, 2022
Closed on
May 23, 2022
Sold by
Christina Minnis
Bought by
Sandra Stout Revocable Trust
Seller's Agent
Jen Davis
RE/MAX Nautical Realty
Buyer's Agent
Verna Regler
Century 21 Selling Paradise
List Price
$290,000
Sold Price
$291,050
Premium/Discount to List
$1,050
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.15%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 12, 2021
Sold by
Minton Paul E and Paul E Minton Trust
Bought by
Minnis Christina
Seller's Agent
James Boyer
Century 21 Sunbelt Realty
Buyer's Agent
Jen Davis
RE/MAX Nautical Realty
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.43%

Purchase Details

Listed on
Aug 29, 2016
Closed on
Feb 17, 2017
Sold by
Schwenn Scott E
Bought by
Minton Paul and Minton Evelyn A
Seller's Agent
Gary Robbins
Carney Realty & Associates Inc
Buyer's Agent
Cathy Canelli
Century 21 Sunbelt Realty
List Price
$158,900
Sold Price
$140,000
Premium/Discount to List
-$18,900
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%

Purchase Details

Closed on
Aug 17, 2007
Sold by
Schwenn John J
Bought by
Schwenn John J and John J Schwenn Revocable Living Trust

Purchase Details

Closed on
Mar 1, 1995
Sold by
Fuchs George Paul
Bought by
Schwenn John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sommer Robert Blake $280,000 Title Unlimited
Sandra Stout Revocable Trust $291,100 New Title Company Name
Minnis Christina $160,000 Fidelity National Title
Minton Paul $140,000 Attorney
Schwenn John J -- Attorney
Schwenn John J $58,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommer Robert Blake $170,000
Previous Owner Schwenn John J $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Sold $280,000 -1.7% $233 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $284,750 -1.7% $237 / Sq Ft
06/20/2023 06/20/23 Price Changed $289,750 -3.3% $241 / Sq Ft
06/06/2023 06/06/23 For Sale $299,750 +3.0% $249 / Sq Ft
05/25/2022 05/25/22 Sold $291,050 +0.4% $242 / Sq Ft View Prior Sale
05/25/2022 05/25/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $290,000 +81.3% $241 / Sq Ft
04/14/2021 04/14/21 Sold $160,000 -11.1% $133 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $180,000 +28.6% $150 / Sq Ft
02/21/2017 02/21/17 Sold $140,000 -11.9% $116 / Sq Ft View Prior Sale
01/22/2017 01/22/17 Pending -- -- --
08/29/2016 08/29/16 For Sale $158,900 -- $132 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,341 $197,595 -- $197,595
2024 $3,341 $225,179 -- $225,179
2023 $1,820 $135,496 $0 $0
2022 $3,452 $196,374 $0 $196,374
2021 $2,750 $141,727 $0 $141,727
2020 $2,611 $129,200 $0 $129,200
2019 $2,615 $130,008 $0 $130,008
2018 $2,666 $130,008 $0 $130,008
2017 $2,523 $121,125 $0 $121,125
2016 $1,582 $111,047 $0 $111,047
2015 $1,779 $80,100 $0 $80,100
2014 $407 $70,600 $0 $70,600
2013 -- $78,400 $0 $78,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223042064

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C3-00600.1010