$188,000 - $251,000
RENTED AUG 29, 2024

1005 SE 40th St Unit 10 Cape Coral, FL 33904

Bimini Basin Neighborhood
2 Beds
2 Baths
1,111 Sq Ft
$193 Price per Sq Ft

Last Sold August 31, 2020

Last sale price $149,000 $134 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,438/month

About This Home

As of August 2020

Behold this exquisite annual rental opportunity: a splendid Gulf-front condominium boasting captivating canal vistas. This abode, situated on the second floor, exudes a sense of grandeur with its lofty ceilings, fostering a warm and inviting ambiance. Delight in a den at the forefront, while also reveling in the luxury of a screened-in lanai. With access to a refreshing pool and the convenience of two parking spaces (one of which is sheltered under a carport), this residence offers unparalleled comfort and convenience.

Located just moments away from downtown Cape, this sanctuary provides a perfect blend of serenity and accessibility. Water is thoughtfully included in the rental agreement, with all other expenses to be borne by the tenant. A strict no-smoking, no-pets policy ensures a pristine living environment for all residents. Seize this opportunity to immerse yourself in a lifestyle of sophistication and tranquility.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Peydro Francisco C and Peydro Idolka C
Bought by
Peydro Francisco C and Peydro Idolka C
Current Estimated Value
$214,723

Purchase Details

Listed on
Mar 16, 2020
Closed on
Aug 28, 2020
Sold by
Randall Gary James and Randall Geraldine
Bought by
Peydro Francisco C and Peydro Idolka C
Seller's Agent
Ginette Young
RE/MAX Trend
Buyer's Agent
Andrew Brinkoetter
Keller Williams Elite Realty
List Price
$152,000
Sold Price
$149,000
Premium/Discount to List
-$3,000
-1.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Feb 7, 2014
Sold by
Minto Brian and Wagner Jay
Bought by
Randall Gary James and Randall Geraldine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 28, 2010
Sold by
Minto Brian
Bought by
Minto Brian and Wagner Jay

Purchase Details

Closed on
Mar 17, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Minto Brian

Purchase Details

Closed on
Jun 19, 2009
Sold by
Hargrove Michelle and Hargrove Scott William
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 13, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 22, 2005
Sold by
Henzel Lawrence E
Bought by
Hargrove Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 19, 2005
Sold by
Henzel Sharon E and Henzel Sharon L
Bought by
Hargrove Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,700
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2003
Sold by
Henzel Lawrence E and Henzel Sharon E
Bought by
Henzel Sharon E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Rosenberger Regina and Everk Reginal
Bought by
Henzel Lawrence E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
7.09%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Mccain Timothy L and Mccain Brenda G
Bought by
Everk Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Interest Rate
7.1%

Purchase Details

Closed on
May 9, 1996
Sold by
Reminder Paul and Reminder Irene
Bought by
Mccain Timothy L and Mccain Brenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
7.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Peydro Francisco C -- Accommodation
Peydro Francisco C $149,000 Omega National Ttl Agcy Llc
Randall Gary James $90,000 Coastal View Title Inc
Minto Brian -- None Available
Minto Brian $60,000 New House Title
Wells Fargo Bank Na -- Attorney
Federal Home Loan Mortgage Corp -- None Available
Hargrove Michelle -- Title Services Of Sw Fl Inc
Hargrove Michelle L $213,000 Title Services Of Sw Fl Inc
Henzel Sharon E -- --
Henzel Lawrence E $78,000 --
Everk Regina $69,000 --
Mccain Timothy L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randall Gary James $50,000
Previous Owner Hargrove Michelle L $191,700
Previous Owner Henzel Sharon E $93,600
Previous Owner Henzel Lawrence E $70,200
Previous Owner Everk Regina $55,200
Previous Owner Mccain Timothy L $61,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Rented -- -- --
07/25/2024 07/25/24 Price Changed $1,675 -4.3% $2 / Sq Ft
06/18/2024 06/18/24 For Rent $1,750 0.0% --
08/31/2020 08/31/20 Sold $149,000 -2.0% $134 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $152,000 -- $137 / Sq Ft

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 $2,835 $145,189 -- --
2023 $2,835 $131,990 $0 $0
2022 $2,379 $119,991 $0 $0
2021 $2,153 $109,083 $0 $109,083
2020 $2,043 $99,323 $0 $99,323
2019 $2,032 $99,323 $0 $99,323
2018 $2,207 $106,590 $0 $106,590
2017 $2,226 $112,243 $0 $112,243
2016 $2,044 $99,168 $0 $99,168
2015 $1,872 $85,100 $0 $85,100
2014 -- $70,020 $0 $70,020
2013 -- $71,710 $0 $71,710
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jacob Eister

    Coldwell Banker Realty

    (239) 233-4464

    4 in this area

    84 Total Sales

    Jacob Eister
    Section Image

  • G

    Seller's Agent in 2020

    Ginette Young

    RE/MAX

  • Andrew Brinkoetter

    Buyer's Agent in 2020

    Andrew Brinkoetter

    Keller Williams Elite Realty

    (239) 293-6524

    2 in this area

    134 Total Sales

    Andrew Brinkoetter
    Section Image
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Map

Florida Lee County Cape Coral 33904 Bimini Basin

1005 SE 40th St Unit 10, Cape Coral, FL

This home is located at 1005 SE 40th St Unit 10, Cape Coral, FL 33904 and is currently estimated at $214,723, approximately $193 per square foot. 1005 SE 40th St Unit 10 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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