NOT LISTED FOR SALE

1005 SE 40th St Unit 1 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $190,000 - $214,000

2 Beds
2 Baths
1,127 Sq Ft
$430/mo HOA Fee

Last Sold December 15, 2021

Last sale price $180,000 $160 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,810/month

18 Days on Market

Highlights

  • Home fronts a seawall
  • Canal Access
  • Main Floor Primary Bedroom
  • Cape Elementary School Rated A-
  • Canal View
  • Community Pool

About This Home

As of December 2021

Fantastic SWFL living! This first floor condo is ideal for both seasonal & annual living. Very convenient location that has easy access to the S Cape Coral Bridge & the Midpoint Bridge- just minutes from downtown Cape Coral, Four Freedoms Park, Tarpon Pointe Marina, and Cape Harbour. Updated home that features a great room layout, brand new carpeting, updated kitchen, freshly painted interior, and screened lanai. The private storage closet & assigned covered parking space are just steps from the home along with the community pool. There are boat docks available for purchase. South Cape Coral is one of the most sought out corridors of the city- it features lots of dining & shopping options.

Last Agent to Sell the Property

Amy Salzone

RE/MAX Alliance Group License #258025497 Listed on: 11/26/2021

RE/MAX Alliance Group

Last Buyer's Agent

Amy Salzone

RE/MAX Alliance Group License #258025497 Listed on: 11/26/2021

RE/MAX Alliance Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $857

Year Built

  • Built in 1982

Lot Details

  • Home fronts a seawall
  • West Facing Home

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,127 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Canal Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 4400
  • Assessor Parcel Number 07-45-24-C1-04400.0010

Community Details

Overview

  • Association fees include management, cable TV, legal/accounting, ground maintenance, road maintenance, trash
  • 11 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Raven Cove Condo Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$857

Year Built

Built in 1982

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1509
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: RAVEN COVE CONDO
  • Directions: Veterans Memorial highway then turn south on Country Club turn left on 40th st
  • Architectural Style: Other, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Family/Dining Room, Living/Dining Room, Main Level Master, See Remarks, Tub Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1127.0
  • Stories: 2
  • Window Features: Double Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Landscaped
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, See Remarks, Stucco
  • Direction Faces: West
  • Exterior Features: Patio, Storage, Shutters Electric
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Driveway, Paved, One Space, Detached Carport

Utilities

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

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel, Non-Gated
  • Amenities: Bike Storage, Pool, Storage
  • Association #2 Fee: 430.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 2395424404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Legal/Accounting, Maintenance Grounds, Road Maintenance, See Remarks, Trash

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 07-45-24-C1-04400.0010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 857.0
  • Tax Block: 4400
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Dec 15, 2021
Sold by
Crawford Marie T
Bought by
Smith Shannon and Smith James
Seller's Agent
Amy Salzone
RE/MAX Alliance Group
Buyer's Agent
Amy Salzone
RE/MAX Alliance Group
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Total Days on Market
18
Current Estimated Value
$205,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,537
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jan 30, 2006
Sold by
Crawford Marie T
Bought by
Crawford Kathleen

Purchase Details

Closed on
Jul 1, 2002
Sold by
Winkle Margaret E
Bought by
Crawford Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2001
Sold by
Thaler Joyce A
Bought by
Winkle Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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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
Smith Shannon $180,000 New Market Title Llc
Crawford Kathleen -- None Available
Crawford Marie T $99,900 --
Winkle Margaret E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crawford Marie T $30,000
Previous Owner Winkle Margaret E $58,000
Previous Owner Winkle Margaret E $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $180,000 -2.7% $160 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $185,000 -- $164 / 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
2024 $3,469 $224,159 -- $224,159
2023 $3,469 $182,293 $0 $0
2022 $2,940 $165,721 $0 $165,721
2021 $857 $119,635 $0 $119,635
2020 $857 $73,298 $0 $0
2019 $840 $71,650 $0 $0
2018 $843 $70,314 $0 $0
2017 $828 $68,868 $0 $0
2016 $822 $109,747 $0 $109,747
2015 $820 $96,700 $0 $96,700
2014 $761 $80,370 $0 $80,370
2013 -- $78,420 $0 $78,420
Source: Public Records

Agents Affiliated with this Home

  • Amy Salzone

    Seller's Agent in 2021

    Amy Salzone

    RE/MAX Alliance Group

    (239) 776-0665

    2 in this area

    74 Total Sales

    Amy Salzone
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221079855

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C1-04400.0010

Florida Lee County Cape Coral 33904 Bimini Basin

1005 SE 40th St Unit 1, Cape Coral, FL

This home is located at 1005 SE 40th St Unit 1, Cape Coral, FL 33904 since 26 November 2021 and is currently estimated at $205,537, approximately $182 per square foot. This property was built in 1982. 1005 SE 40th St Unit 1 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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