NOT LISTED FOR SALE

1005 SE 40th St Unit 8 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $164,000 - $197,028

2 Beds
2 Baths
1,109 Sq Ft
$779/mo HOA Fee

Last Sold August 12, 2024

Last sale price $170,000 $153 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,956/month

102 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Vaulted Ceiling

About This Home

As of August 2024

GULF ACCESS Condo just off the Rubicon Canal with only a short distance to Gulf. 2 Bedroom Plus DEN. Unit is sold Turnkey. Vaulted ceilings makes this unit very spacious. Huge Master Bedroom and walk in closet. Marble high-top vanities in Baths. Stainless appliances in kitchen. Newer A/C unit 2019. Newer water heater 2020 and newer furnishings with brand new carpet. Tile in all main areas. Only 11 units in building with Brand NEW ROOF and resurfaced POOL. Carport and extra storage unit included. Lanai overlooking canal for peaceful evenings. Dockage 1st come. Pet Friendly, Electric shutters on screened lanai. Close to Downtown restaurants, entertainment and all Cape Coral has to offer. Own a piece of Paradise today!! Motivated bring offers!!

Last Agent to Sell the Property

Lin Miller Pa

Sellstate Priority Realty License #276505776 Listed on: 05/01/2024

Co-Listed By

James Miller

Sellstate Priority Realty License #276510095

Last Buyer's Agent

Jacob Meyer

BB&C Realty License #258016294

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $779 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Roof

Interior Spaces

  • 1,109 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • Combination Dining and Living Room
  • Den
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 8 / 4400
  • Assessor Parcel Number 07-45-24-C1-04400.0080

Community Details

Overview

  • Association fees include management, insurance, irrigation water, ground maintenance, pest control, water
  • 11 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Raven Cove Condo Subdivision

Amenities

  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,791

Year Built

Built in 1982

Lot Details

0

HOA Fees

$779 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: FSSPN
  • Co List Office Phone: 239-574-8888
  • Ownership: Condo
  • Subdivision Name: RAVEN COVE CONDO
  • Directions: Country Club blvd to 40th
  • Architectural Style: Other, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Special Features: None

Interior Features

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

Exterior Features

  • Lot Features: Other, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Other, Concrete
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Storage, Shutters Electric, Shutters Manual
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Boat Dock, Pool, Storage
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 779.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Maintenance Grounds, Pest Control, Water

Lot Info

  • Parcel #: 07-45-24-C1-04400.0080
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2790.67
  • Tax Block: 4400
  • Tax Lot: 8
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Aug 12, 2024
Sold by
Kelle Amanda C
Bought by
Schaffer Jeanne Ann
Seller's Agent
Lin Miller Pa
Sellstate Priority Realty
Buyer's Agent
Jacob Meyer
BB&C Realty
List Price
$209,900
Sold Price
$170,000
Premium/Discount to List
-$39,900
-19.01%
Views
151
Current Estimated Value
$177,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,257
Avg. Annual Appreciation
3.87%

Purchase Details

Listed on
Feb 8, 2020
Closed on
Aug 21, 2020
Sold by
Scheideman Glenn and Scheideman Elizabeth
Bought by
Kelle Amanda
Seller's Agent
Anna Porcelli
John R. Wood Properties
Buyer's Agent
David Lambert
List Price
$159,000
Sold Price
$153,000
Premium/Discount to List
-$6,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%
Original Mortgage
$107,100
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 15, 2017
Sold by
Lisacchi Paul J and Lisacchi Linda J
Bought by
Scheideman Glenn and Murray Elizabeth
Seller's Agent
Patrick Reid
RE/MAX Realty Team
Buyer's Agent
Lani Belisle
John R Wood Island Real Estate
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
Mar 20, 2003
Sold by
Strzyz Karen
Bought by
Lisacchi Paul J and Lisacchi Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.82%

Purchase Details

Closed on
Aug 9, 2002
Sold by
Christel Schroeter Rev Living Tr
Bought by
Strazyz Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,200
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
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
Schaffer Jeanne Ann $170,000 Tropical Shells Title
Kelle Amanda $153,000 Title Specialists
Scheideman Glenn $128,000 Totle Title & Escrow Inc
Lisacchi Paul J $130,000 --
Strazyz Karen $106,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kelle Amanda $107,100
Previous Owner Scheideman Glenn $60,000
Previous Owner Lisacchi Paul J $100,000
Previous Owner Strzyz Karen $96,200
Previous Owner Strazyz Karen $96,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2024 08/12/24 Sold $170,000 -10.3% $153 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $189,500 -5.2% $171 / Sq Ft
06/06/2024 06/06/24 Price Changed $199,900 -4.8% $180 / Sq Ft
05/01/2024 05/01/24 For Sale $209,900 +37.2% $189 / Sq Ft
08/26/2020 08/26/20 Sold $153,000 -3.8% $138 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $159,000 +24.2% $143 / Sq Ft
03/31/2017 03/31/17 Sold $128,000 -1.5% $115 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $129,900 -- $117 / 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 $2,791 $142,661 -- --
2023 $2,791 $129,692 $0 $0
2022 $2,343 $117,902 $0 $0
2021 $2,120 $107,184 $0 $107,184
2020 $2,013 $97,708 $0 $97,708
2019 $2,003 $97,708 $0 $97,708
2018 $2,160 $104,168 $0 $104,168
2017 $2,069 $109,820 $0 $109,820
2016 $1,904 $97,285 $0 $97,285
2015 $1,741 $83,500 $0 $83,500
2014 -- $68,850 $0 $68,850
2013 -- $68,775 $0 $68,775
Source: Public Records

Agents Affiliated with this Home

  • Lin Miller Pa

    Seller's Agent in 2024

    Lin Miller Pa

    Sellstate Priority Realty

    (239) 218-6881

    1 in this area

    79 Total Sales

    Lin Miller Pa
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    James Miller

    Sellstate Priority Realty

    (239) 896-3121

    1 in this area

    48 Total Sales

    James Miller
    Section Image

  • J

    Buyer's Agent in 2024

    Jacob Meyer

    BB&C Realty

    (239) 707-5552

    2 in this area

    317 Total Sales

    Jacob Meyer
    Section Image
  • Anna Porcelli

    Seller's Agent in 2020

    Anna Porcelli

    John R. Wood Properties

    (914) 886-2036

    20 Total Sales

    Anna Porcelli
    Section Image

  • D

    Buyer's Agent in 2020

    David Lambert

  • Patrick Reid

    Seller's Agent in 2017

    Patrick Reid

    RE/MAX

    (239) 691-7159

    1 in this area

    48 Total Sales

    Patrick Reid
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224039290

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C1-04400.0080

Florida Lee County Cape Coral 33904 Bimini Basin

1005 SE 40th St Unit 8, Cape Coral, FL

This home is located at 1005 SE 40th St Unit 8, Cape Coral, FL 33904 since 01 May 2024 and is currently estimated at $177,257, approximately $159 per square foot. This property was built in 1982. 1005 SE 40th St Unit 8 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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