NOT LISTED FOR SALE

1011 SE 40th St Unit 4 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $206,000 - $247,000

2 Beds
2 Baths
1,102 Sq Ft
$450/mo HOA Fee

Last Sold June 14, 2023

Last sale price $265,000 $240 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,984/month

3 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Furnished

About This Home

As of June 2023

Gulf Access condo

Last Listed By

sonia ransom

Berkshire Hathaway Florida License #252010754 Listed on: 06/10/2023

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,680

Year Built

  • Built in 1978

Lot Details

  • Home fronts a seawall
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,102 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 2600
  • Assessor Parcel Number 07-45-24-C1-02600.0040

Community Details

Overview

  • Association fees include management, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, sewer, trash, water
  • 5 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Coral Winds Condo Subdivision

Recreation

  • Boat Dock
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,680

Year Built

Built in 1978

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1062
  • Ownership: Condo
  • Subdivision Name: CORAL WINDS CONDO
  • Architectural Style: Other, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1978
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Interior Amenities: Bedroom on Main Level, Living/Dining Room, Tub Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1102.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Shutters, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel
  • Amenities: Boat Dock, Pool
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium
  • HOA Fee 3: 1350.0

Fee Information

  • Association Fee Includes: Association Management, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 07-45-24-C1-02600.0040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2679.6
  • Tax Block: 2600
  • Tax Lot: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Jun 14, 2023
Sold by
Ellen O Conley Living Trust
Bought by
Oneill Kelly
Seller's Agent
sonia ransom
Berkshire Hathaway Florida
Buyer's Agent
sonia ransom
Berkshire Hathaway Florida
List Price
$265,000
Sold Price
$265,000
Total Days on Market
3
Current Estimated Value
$222,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,771
Avg. Annual Appreciation
-8.59%
Original Mortgage
$212,000
Outstanding Balance
$207,443
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$14,786

Purchase Details

Closed on
Feb 9, 2015
Sold by
Conley Ellen O
Bought by
Conley Ellen O and Ellen O Conley Living Trust

Purchase Details

Closed on
Jul 19, 2007
Sold by
Conley Pauline P
Bought by
Conley Ellen O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 13, 2005
Sold by
Conley Pauline P
Bought by
Conley Pauline P and Pauline P Conley Living Trust

Purchase Details

Closed on
Apr 4, 1997
Sold by
Conley Pauline P and Conley Richard P
Bought by
Conley Richard P and Conley Pauline P

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
Oneill Kelly $265,000 Florida Title & Guarantee Agen
Conley Ellen O -- Attorney
Conley Ellen O $100,000 Fidelity National Title Ins
Conley Pauline P -- Attorney
Conley Richard P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oneill Kelly $212,000
Previous Owner Conley Ellen O $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $265,000 0.0% $240 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/10/2023 06/10/23 For Sale $265,000 -- $240 / 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 $3,483 $205,893 -- $205,893
2023 $3,483 $150,630 $0 $0
2022 $2,680 $136,936 $0 $0
2021 $2,428 $124,487 $0 $124,487
2020 $2,313 $113,858 $0 $113,858
2019 $2,300 $113,858 $0 $113,858
2018 $2,145 $103,360 $0 $103,360
2017 $2,127 $104,168 $0 $104,168
2016 $1,944 $90,547 $0 $90,547
2015 $1,832 $83,200 $0 $83,200
2014 $1,748 $79,000 $0 $79,000
2013 -- $77,162 $0 $77,162
Source: Public Records

Agents Affiliated with this Home

  • sonia ransom

    Seller's Agent in 2023

    sonia ransom

    Berkshire Hathaway Florida

    (239) 910-2227

    2 in this area

    74 Total Sales

    sonia ransom
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223043550

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C1-02600.0040

Florida Lee County Cape Coral 33904 Bimini Basin

1011 SE 40th St Unit 4, Cape Coral, FL

Homes for Sale in Cape Coral, FL

This home is located at 1011 SE 40th St Unit 4, Cape Coral, FL 33904 since 10 June 2023 and is currently estimated at $222,229, approximately $201 per square foot. This property was built in 1978. 1011 SE 40th St Unit 4 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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