NOT LISTED FOR SALE

1005 SW 48th Terrace Unit 7 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $142,000 - $177,000

2 Beds
2.5 Baths
1,153 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $170,000 $147 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,589/month

69 Days on Market

Highlights

  • Furnished
  • Community Pool
  • Bathtub
  • Cape Coral High School Rated A-
  • Porch
  • Open Patio

About This Home

As of November 2023

Affordable condo in the heart of SW Cape Coral! Put your personal touches on this charming two-story condo boasting 2 bedrooms and 2 1/2 bathrooms with 1,132 SF living space. Both bedrooms have private en-suite full bathrooms, great for a guests! Large first floor living room with sliding glass doors leading out to the fenced in back yard and patio space. Great for relaxing and an BBQ! The community pool is a great quiet place to wind down and enjoy the Florida sunshine! Located near shipping and several of the area's best restaurants. Assigned parking ensures that you'll never have to worry about finding a spot for your vehicle when you come home.

Last Agent to Sell the Property

Michael Darda

Compass Florida LLC License #252000001 Listed on: 09/04/2023

Compass Florida LLC

Co-Listed By

Andrew Darda

Compass Florida LLC License #258016541

Last Buyer's Agent

Morgan Styner

Moonstone Realty LLC License #258020473

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,102

Year Built

  • Built in 1988

Lot Details

  • 3,602 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Zero Lot Line

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,153 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub
  • Separate Shower

Home Security

Parking

  • 1 Detached Carport Space
  • Common or Shared Parking

Outdoor Features

  • Open Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 700
  • Assessor Parcel Number 15-45-23-C2-00700.0070

Community Details

Overview

  • Association fees include ground maintenance, pest control
  • 8 Units
  • Association Phone (239) 542-4404
  • Daves Court Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,102

Year Built

Built in 1988

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.0827
  • Road Surface Type: Paved
  • Co List Office Mls Id: FCFLLC1
  • Co List Office Phone: 305-851-2820
  • Ownership: Condo
  • Subdivision Name: DAVES COURT
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1988
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Townhouse
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Living/Dining Room, Separate Shower, Cable TV, Upper Level Primary, High Speed Internet
  • Living Area: 1153.0
  • Stories: 2
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Partial Buildings
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s), Seller Disclosure
  • Construction Type: Block, Concrete, Wood Siding
  • Direction Faces: South
  • Exterior Features: Fence, Patio
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Common, Paved, Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), 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, Near Hotel/Motel, Non-Gated
  • Amenities: Pool
  • Association #2 Fee: 500.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control

Schools

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

Lot Info

  • Parcel #: 15-45-23-C2-00700.0070
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 2101.98
  • Tax Block: 700
  • Tax Lot: 7
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2023
Closed on
Nov 13, 2023
Sold by
Carmen A Albano Trust
Bought by
Zimmerman James Alan
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Morgan Styner
Moonstone Realty LLC
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%
Views
78
Current Estimated Value
$163,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,912
Avg. Annual Appreciation
-1.96%

Purchase Details

Closed on
Sep 10, 2020
Sold by
Albano Carmen A
Bought by
Albano Carmen A and The Carmen A Albano Revocable

Purchase Details

Closed on
Jul 12, 2019
Sold by
Scolaro Peter and Scolaro Brendalee
Bought by
Albano Carmen A

Purchase Details

Closed on
Jan 14, 2016
Sold by
Elbert Susan Marie
Bought by
Scolaro Peter and Scolaro Brendalee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2007
Sold by
Elbert Donald Joseph
Bought by
Elbert Susan Marie

Purchase Details

Closed on
Oct 31, 2007
Sold by
Elbert Patricia D
Bought by
Elbert Patricia Dolan and Elbert Donald Joseph

Purchase Details

Closed on
Jul 27, 2000
Sold by
Adgostino Anthony P and Agostino Frank D
Bought by
Elbert Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,760
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zimmerman James Alan $170,000 Esquire Land Title
Albano Carmen A -- Accommodation
Albano Carmen A $100,000 Realty Land Title Company
Scolaro Peter $70,000 Attorney
Elbert Susan Marie -- Attorney
Elbert Patricia Dolan -- Attorney
Elbert Patricia D $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scolaro Peter $63,000
Previous Owner Elbert Patricia D $42,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $170,000 -10.5% $147 / Sq Ft
10/02/2023 10/02/23 Price Changed $190,000 -5.0% $165 / Sq Ft
09/04/2023 09/04/23 For Sale $200,000 -- $173 / 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
2025 $2,776 $130,551 -- $130,551
2024 $2,776 $147,154 -- $147,154
2023 $2,569 $112,853 $0 $0
2022 $2,102 $102,594 $0 $0
2021 $1,903 $93,482 $0 $93,482
2020 $1,800 $84,788 $0 $84,788
2019 $1,567 $74,290 $0 $74,290
2018 $1,591 $74,290 $0 $74,290
2017 $1,543 $71,060 $0 $71,060
2016 $539 $69,108 $0 $69,108
2015 $532 $70,100 $0 $70,100
2014 $471 $56,900 $0 $56,900
2013 -- $44,200 $0 $44,200
Source: Public Records

Agents Affiliated with this Home

  • Michael Darda

    Seller's Agent in 2023

    Michael Darda

    Compass Florida LLC

    (239) 256-3733

    240 in this area

    1,419 Total Sales

    Michael Darda
    Section Image
  • Andrew Darda

    Seller Co-Listing Agent in 2023

    Andrew Darda

    Compass Florida LLC

    (239) 849-3883

    72 in this area

    330 Total Sales

    Andrew Darda
    Section Image

  • M

    Buyer's Agent in 2023

    Morgan Styner

    Moonstone Realty LLC

    (239) 878-0381

    4 in this area

    39 Total Sales

    Morgan Styner
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223062532

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-00700.0070

Florida Lee County Cape Coral 33914 Pelican

1005 SW 48th Terrace Unit 7, Cape Coral, FL

Not Listed for Sale

Townhouses

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