NOT LISTED FOR SALE

1011 SE 24th Ave Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $486,000

6 Beds
4 Baths
2,324 Sq Ft
$209/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $470,000 $202 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,060/month

Highlights

  • Patio
  • Tile Flooring
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2023

Fully occupied income producing duplex in a great location. New kitchen on one side, tile floors, garages, large yard, washer and dryer hookups, and more make each of these units easy to rent and keep full. Both units have CPVC plumbing and the roof was replaced in 2018.

Last Agent to Sell the Property

Robert Zivkovic

Zivkovic & Associates License #603000083 Listed on: 06/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,566

Year Built

  • Built in 1984

Lot Details

  • 10,149 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,324 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, internet, sewer, trash collection, telephone, water
  • Legal Lot and Block 50 / 1401
  • Assessor Parcel Number 20-44-24-C2-01401.0500

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $6,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,566

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.233
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1984
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 20-44-24-C2-01401.0500
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Internet, Sewer, Trash Collection, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 30000.0
  • Annual Operating Expense: 6000.0

Tax Info

  • Tax Annual Amount: 4566.21
  • Tax Block: 1401
  • Tax Lot: 50
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 28, 2023
Sold by
Vjb Properties Llc
Bought by
Buster Levi and Buster Samantha J
Seller's Agent
Robert Zivkovic
Zivkovic & Associates
List Price
$474,900
Sold Price
$470,000
Premium/Discount to List
-$4,900
-1.03%
Views
176
Current Estimated Value
$486,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,000
Avg. Annual Appreciation
1.54%
Original Mortgage
$23,074
Outstanding Balance
$22,568
Interest Rate
6.78%
Estimated Equity
$463,432

Purchase Details

Closed on
Mar 1, 2011
Sold by
Beachey Dale and Beachey Verda
Bought by
Vjb Properties Llc

Purchase Details

Closed on
Nov 14, 2002
Sold by
Frederick Glenn and Frederick Nancy G
Bought by
Hurst Elsa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,600
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2001
Sold by
Calzadias Thomas and Calzadias Kristi
Bought by
Frederick Glenn A and Fredrick Nancy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,556
Interest Rate
7.18%
Mortgage Type
Commercial
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
Buster Levi $470,000 Patriot Title Services
Vjb Properties Llc -- None Available
Hurst Elsa J $177,000 --
Frederick Glenn A $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buster Levi $23,074
Open Buster Levi $461,487
Previous Owner Hurst Elsa J $141,600
Previous Owner Frederick Glenn A $89,556
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $470,000 -1.0% $202 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $474,900 0.0% $204 / Sq Ft
11/26/2019 11/26/19 Rented -- -- --
11/01/2019 11/01/19 Rented -- -- --
10/27/2019 10/27/19 Under Contract -- -- --
10/17/2019 10/17/19 For Rent $1,100 -4.3% --
10/02/2019 10/02/19 Under Contract -- -- --
09/09/2019 09/09/19 For Rent $1,150 -- --
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 $6,050 $326,603 -- --
2024 $6,050 $296,912 $74,528 $217,051
2023 $5,111 $218,196 $0 $0
2022 $4,566 $198,360 $0 $0
2021 $4,074 $180,445 $40,000 $140,445
2020 $3,870 $163,934 $31,750 $132,184
2019 $3,682 $155,850 $25,000 $130,850
2018 $3,599 $155,850 $25,000 $130,850
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Robert Zivkovic

    Zivkovic & Associates

    (239) 565-0924

    3 in this area

    56 Total Sales

    Robert Zivkovic
    Section Image

  • D

    Seller's Agent in 2019

    Dan Stuart

    Epic Equity Group Real Estate

    (304) 641-4034

    3 in this area

    17 Total Sales

    Dan Stuart
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223041206

Florida Gulf Coast Multiple Listing Service

APN: 20-44-24-C2-01401.0500

Florida Lee County Cape Coral 33903 Hancock

1011 SE 24th Ave, Cape Coral, FL

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