NOT LISTED FOR SALE

1005 SE 40th St Unit 3 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $170,312 - $207,000

2 Beds
2 Baths
1,109 Sq Ft
6,534 Sq Ft Lot

Last Sold October 25, 2018

Last sale price $90,000 $81 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,360/month

58 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • No HOA
  • Cape Elementary School Rated A-
  • Pool View
  • Community Pool

About This Home

As of October 2018

Great SE Cape Coral location two bedroom/ two bathroom ground floor with no age restrictions. Close to all amenities, schools, and shopping. Property includes a covered carport with storage.

Last Agent to Sell the Property

Beth Dahlstrom

Schooner Bay Realty, Inc. License #258002433 Listed on: 07/28/2018

Last Buyer's Agent

Ellery Dominguez

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,063

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • South Facing Home
  • Zero Lot Line

Parking

  • 1 Detached Carport Space

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,109 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Combination Dining and Living Room
  • Pool Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 3 / 4400
  • Assessor Parcel Number 07-45-24-C1-04400.0030

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, recreation facilities, sewer, water
  • 32 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Raven Cove Condo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,063

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Ownership: Condo
  • Subdivision Name: RAVEN COVE CONDO
  • Directions: Capr Coral PKWY to N on Country Club to E on SE 40th ST
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: 20

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1109.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Pool
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Patio
  • 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: Detached Carport

Utilities

  • Cooling: Central Air, 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, Non-Gated
  • Amenities: Pool
  • Phone: 239-542-4404
  • Association: No
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Recreation Facilities, Sewer, Water

Lot Info

  • Parcel #: 07-45-24-C1-04400.0030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 2063.0
  • Tax Block: 4400
  • Tax Lot: 3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2021
Sold by
Dominguez Ellery
Bought by
Rouillon Jorge E
Total Days on Market
58
Current Estimated Value
$189,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Outstanding Balance
$86,609
Interest Rate
2.6%
Mortgage Type
Seller Take Back
Estimated Equity
$108,007

Purchase Details

Listed on
Jul 28, 2018
Closed on
Oct 19, 2018
Sold by
Mtglq Investors Lp
Bought by
Dominguez Ellery
Seller's Agent
Beth Dahlstrom
Schooner Bay Realty, Inc.
Buyer's Agent
Ellery Dominguez
List Price
$114,500
Sold Price
$90,000
Premium/Discount to List
-$24,500
-21.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.40%
Original Mortgage
$72,000
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 6, 2018
Sold by
Samuel Horner
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
Jun 29, 2012
Sold by
Horner Samuel D and Horner Karen K
Bought by
Horner Samuel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,801
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
Garrett Pamela S
Bought by
Horner Samuel D and Horner Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,250
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 11, 2004
Sold by
Ogle Ruth
Bought by
Garrett Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
5.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2001
Sold by
Gross Charles A
Bought by
Ogle Alfred H and Ogle Ruth D

Purchase Details

Closed on
May 3, 1994
Sold by
Zeikowitz Flora
Bought by
Gross Charles A and Gross Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.81%
Source: Public Records

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Range of Values:

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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
Rouillon Jorge E $137,000 Sunrise Title Services Corp
Dominguez Ellery $90,000 Attorney
Mtglq Investors Lp $84,300 None Available
Horner Samuel D -- Netco
Horner Samuel D $227,000 Warranty Title Solutions Llc
Garrett Pamela S -- Fee Simple Title Agency Inc
Ogle Alfred H $98,000 --
Gross Charles A $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rouillon Jorge E $95,900
Previous Owner Dominguez Ellery $72,000
Previous Owner Horner Samuel D $159,801
Previous Owner Horner Samuel D $170,250
Previous Owner Garrett Pamela S $118,400
Previous Owner Gross Charles A $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2018 10/25/18 Sold $90,000 -21.4% $81 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
07/28/2018 07/28/18 For Sale $114,500 -- $103 / 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 $3,622 $204,091 -- $204,091
2023 $3,373 $186,965 $0 $190,784
2022 $2,634 $146,904 $0 $146,904
2021 $2,101 $106,051 $0 $106,051
2020 $1,999 $96,900 $0 $96,900
2019 $1,988 $96,900 $0 $96,900
2018 $2,114 $103,360 $0 $103,360
2017 $2,063 $109,013 $0 $109,013
2016 $1,892 $95,475 $0 $95,475
2015 $1,741 $83,500 $0 $83,500
2014 $1,613 $68,850 $0 $68,850
2013 -- $68,775 $0 $68,775
Source: Public Records

Agents Affiliated with this Home

  • Beth Dahlstrom

    Seller's Agent in 2018

    Beth Dahlstrom

    Schooner Bay Realty, Inc.

    (239) 333-2378

    5 in this area

    45 Total Sales

    Beth Dahlstrom
    Section Image

  • E

    Buyer's Agent in 2018

    Ellery Dominguez

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218050464

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C1-04400.0030

Florida Lee County Cape Coral 33904 Bimini Basin

1005 SE 40th St Unit 3, Cape Coral, FL

This home is located at 1005 SE 40th St Unit 3, Cape Coral, FL 33904 since 28 July 2018 and is currently estimated at $189,078, approximately $170 per square foot. This property was built in 1982. 1005 SE 40th St Unit 3 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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