1005 SE 40th St Unit 5 Cape Coral, FL 33904
Bimini Basin NeighborhoodEstimated Value: $195,000 - $231,000
2
Beds
2
Baths
1,183
Sq Ft
$430/mo
HOA Fee
Highlights
- Boat Dock
- Concrete Pool
- Waterfront
- Cape Elementary School Rated A-
- Sitting Area In Primary Bedroom
- Canal Access
About This Home
As of April 2021This 1st floor bright and vibrant home is an end unit with extra windows and is offered turn key with 2 bedrooms and a den that functions as a 3rd bedroom. It's nicely updated with new wood look tile floors throughout for easy maintenance, raised panel doors, updated kitchen and baths, etc. The location is awesome! Away from traffic noise, yet close to the quaint downtown area of Cape Coral. The pool is just steps away from the screened in Lanai and gulf access canal. There are water views from both the front and rear of the home. The AC and furnace have been serviced by Comfort Zone every year since the owners have had the home and are functioning beautifully. There are two storage lockers, one on the Lanai and one by the covered parking spot. The laundry is conveniently located off the large Screened in Lanai and the washer and dryer stay. If you're a boater, the boat dock is available to boat from on a first come basis. No other homeowners have boats there at this time. This home shines and will make someone a great home for years to come.
Last Agent to Sell the Property
Engel & Volkers Fort Myers License #159500513 Listed on: 02/24/2021
Last Buyer's Agent
Robert Willaford II
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,028
Year Built
- Built in 1982
Lot Details
- Waterfront
- South Facing Home
- Sprinkler System
HOA Fees
- $430 Monthly HOA Fees
Property Views
- Canal
- Pool
Home Design
- Shingle Roof
- Stucco
Interior Spaces
- 1,183 Sq Ft Home
- 1-Story Property
- Furnished
- Shutters
- Single Hung Windows
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Self-Cleaning Oven
- Electric Cooktop
- Microwave
- Freezer
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Sitting Area In Primary Bedroom
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Detached Carport Space
- Handicap Parking
- Driveway
- Guest Parking
- Assigned Parking
Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Canal Access
- Screened Patio
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
- Sewer Assessments
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 5 / 4400
- Assessor Parcel Number 07-45-24-C1-04400.0050
Community Details
Overview
- Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, sewer, trash, water
- 11 Units
- Association Phone (239) 542-4404
- Raven Cove Condo Subdivision
Amenities
- Bike Room
- Community Storage Space
Recreation
- Boat Dock
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 24, 2021
Closed on
Apr 23, 2021
Sold by
Andersen Nancy and Kelly Suzanne
Bought by
Rogers Todd
Seller's Agent
Tim Sweeney
Engel & Volkers Fort Myers
Buyer's Agent
Robert Willaford II
List Price
$169,000
Sold Price
$162,500
Premium/Discount to List
-$6,500
-3.85%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,777
Avg. Annual Appreciation
7.07%
Purchase Details
Closed on
Apr 15, 2019
Sold by
Andersen Nancy
Bought by
Andersen Nancy and Kelly Suzanne
Purchase Details
Closed on
Jun 22, 2004
Sold by
Ebel Michael H and Lengel Elizabeth A
Bought by
Andersen Nancy and Lorello Mary Jo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.25%
Mortgage Type
Unknown
Purchase Details
Closed on
May 24, 2002
Sold by
Perlman Edward Henry
Bought by
Ebel Michael H and Lengel Elizabeth A
Purchase Details
Closed on
Jan 3, 2002
Sold by
Pepper Eunice and Pepper Eunice Macy
Bought by
Perlman Edward Henry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
6.99%
Similar Homes in Cape Coral, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rogers Todd | $162,500 | Fidelity Natl Ttl Of Fl Inc | |
| Andersen Nancy | $39,652 | Attorney | |
| Andersen Nancy | $155,000 | Sunbelt Title Agency | |
| Ebel Michael H | $126,900 | -- | |
| Perlman Edward Henry | $99,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rogers Todd M | $50,000 | |
| Previous Owner | Andersen Nancy | $110,180 | |
| Previous Owner | Andersen Nancy | $124,000 | |
| Previous Owner | Ebel Michael H | $145,000 | |
| Previous Owner | Perlman Edward Henry | $79,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $162,500 | -3.8% | $137 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 02/24/2021 02/24/21 | For Sale | $169,000 | -- | $143 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $2,772 | $195,983 | -- | -- |
| 2023 | $2,772 | $190,275 | $0 | $194,163 |
| 2022 | $2,675 | $149,506 | $0 | $149,506 |
| 2021 | $2,133 | $107,930 | $0 | $107,930 |
| 2020 | $2,028 | $98,515 | $0 | $98,515 |
| 2019 | $2,017 | $98,515 | $0 | $98,515 |
| 2018 | $2,145 | $104,975 | $0 | $104,975 |
| 2017 | $2,095 | $110,628 | $0 | $110,628 |
| 2016 | $1,922 | $97,323 | $0 | $97,323 |
| 2015 | $1,771 | $85,100 | $0 | $85,100 |
| 2014 | $1,556 | $70,020 | $0 | $70,020 |
| 2013 | -- | $71,710 | $0 | $71,710 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Sweeney
T
Seller's Agent in 2021
Tim Sweeney
Engel & Volkers Fort Myers
(239) 218-9847
4 in this area
45 Total Sales
-
R
Buyer's Agent in 2021
Robert Willaford II
-
Robert Willaford
Buyer's Agent in 2021
Robert Willaford
RE/MAX
2 in this area
97 Total Sales
-
A
Buyer Co-Listing Agent in 2021
Amanda Cooper
-
Amanda Cooper PA
Buyer Co-Listing Agent in 2021
Amanda Cooper PA
RE/MAX
3 in this area
110 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 221014169
APN: 07-45-24-C1-04400.0050
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.
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
Nearby Homes
- 1005 SE 40th St Unit 4
- 1005 SE 40th St Unit 2
- 1102 SE 39th Terrace Unit 101
- 1102 SE 39th Terrace Unit 108
- 3935 Country Club Blvd Unit 20
- 4014 SE 11th Ave
- 1237 SE 40th St
- 3923 SE 11th Ave Unit 304
- 3943 SE 11th Place Unit 105
- 3916 SE 11th Place Unit 503
- 3906 SE 11th Place Unit 601
- 4012 SE 12th Ave Unit 108
- 4012 SE 12th Ave Unit 109
- 4012 SE 12th Ave Unit 208
- 3922 SE 12th Ave
- 1206 SE 40th St Unit 104
- 3806 SE 12th Ave
- 4026 SE 12th Ave Unit 208
- 4002 SE 10th Ave
- 3824 SE 10th Place
- 1005 SE 40th St Unit 7
- 1005 SE 40th St Unit 10
- 1005 SE 40th St Unit 11
- 1005 SE 40th St Unit 3
- 1005 SE 40th St Unit 5
- 1005 SE 40th St Unit 1
- 1005 SE 40th St Unit 6
- 1005 SE 40th St Unit 9
- 1005 SE 40th St Unit 10
- 1005 SE 40th St
- 1011 SE 40th St Unit 5 E
- 1011 SE 40th St
- 1011 SE 40th St Unit 5
- 1011 SE 40th St Unit 4
- 1011 SE 40th St Unit 3
- 1011 SE 40th St Unit 2
- 1011 SE 40th St Unit 1
- 1011 SE 40th St Unit A
- 4007 Country Club Blvd
- 3935 Country Club Blvd Unit 15