NOT LISTED FOR SALE

1011 SW 48th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $292,003 - $438,000

2 Beds
2 Baths
1,287 Sq Ft
$289/Sq Ft Est. Value

Last Sold January 22, 2018

Last sale price $160,000 $124 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,264/month

134 Days on Market

Highlights

  • City View
  • No HOA
  • Shutters
  • Cape Elementary School Rated A-
  • Formal Dining Room
  • 1 Car Attached Garage

About This Home

As of January 2018

Great location close to many amenities. This 2/2 home has a nice open floor plan, with a formal dining room, kitchen, living room, and family room. The kitchen has recently been remodeled within the last two years. Including new refrigerator, dishwasher, microwave, stove, garbage disposal, and bar. New A/C, water heater, and electric panel in the last year. A must see!

Last Agent to Sell the Property

Melissa Nelson

NextHome Advisors License #258025045 Listed on: 08/10/2017

Co-Listed By

Clint Perkins

License #258020013

Last Buyer's Agent

Ray Schilke Iii

International Home Network LLC License #258023934

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,409

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 135 x 80 x 135
  • South Facing Home
  • Fenced
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R3-D

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,287 Sq Ft Home
  • 1-Story Property
  • Bar
  • Shutters
  • Formal Dining Room
  • Tile Flooring
  • City Views

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 31 / 1698
  • Assessor Parcel Number 15-45-23-C2-01698.0310

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,409

Year Built

Built in 1977

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 80 x 135 x 80 x 135
  • Co List Office Mls Id: FPRGP
  • Co List Office Phone: (239) 850-7355
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Separate/Formal Dining Room, Tub Shower, Bar, Walk-In Closet(s)
  • Living Area: 1287.0
  • Stories: 1
  • Window Features: See Remarks, Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fence, Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None, Sidewalks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Parcel #: 15-45-23-C2-01698.0310
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1409.0
  • Tax Block: 1698
  • Tax Lot: 31
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2017
Closed on
Jan 17, 2018
Sold by
Buller Steven H and Branchetti Audrey F
Bought by
Loethen Keith A
Seller's Agent
Melissa Nelson
NextHome Advisors
Buyer's Agent
Ray Schilke Iii
International Home Network LLC
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Current Estimated Value
$371,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,751
Avg. Annual Appreciation
11.58%
Original Mortgage
$150,000
Outstanding Balance
$125,337
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$242,106

Purchase Details

Listed on
Apr 28, 2015
Closed on
Jun 15, 2015
Sold by
Biffar John and Biffar Antoinette
Bought by
Buller Steven H and Branchetti Audrey F
Seller's Agent
Robert Tyler
Compass Florida LLC
Buyer's Agent
Clint Perkins
List Price
$114,999
Sold Price
$115,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$86,487
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 11, 2008
Sold by
Groome Stephan J and Groome Kristine K
Bought by
Biffar John and Biffar Atnoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,310
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2002
Sold by
Shalaby George
Bought by
Groome Stephan J and Groome Kristine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,734
Interest Rate
6.85%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2000
Sold by
Nationscredit Home Equity Svc Corp
Bought by
Shalaby George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.94%

Purchase Details

Closed on
May 2, 2000
Sold by
Clerk Of Circuit Court
Bought by
Nationscredit Home Equity Svc Corp
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
Loethen Keith A $160,000 Omega Title Llc
Buller Steven H $115,000 Paradise Professional Title
Biffar John $109,000 Title Professionals Of Fl
Groome Stephan J $84,000 --
Shalaby George $40,000 --
Nationscredit Home Equity Svc Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loethen Keith A $15,000
Open Loethen Keith A $150,000
Previous Owner Buller Steven H $86,487
Previous Owner Biffar John $107,310
Previous Owner Groome Stephan J $79,829
Previous Owner Groome Stephan J $76,734
Previous Owner Shalaby George $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2018 01/22/18 Sold $160,000 -11.1% $124 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $179,900 +56.4% $140 / Sq Ft
06/15/2015 06/15/15 Sold $115,000 0.0% $89 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $114,999 -- $89 / 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 $2,867 $178,616 -- --
2023 $2,867 $173,414 $0 $0
2022 $2,657 $168,363 $69,649 $98,714
2021 $2,587 $117,344 $53,607 $63,737
2020 $2,459 $106,594 $33,600 $72,994
2019 $2,404 $104,972 $33,600 $71,372
2018 $1,498 $94,932 $0 $0
2017 $1,459 $92,979 $0 $0
2016 $1,409 $91,067 $40,195 $50,872
2015 $899 $82,604 $17,964 $64,640
2014 -- $77,806 $41,900 $35,906
2013 -- $73,103 $21,333 $51,770
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Melissa Nelson

    NextHome Advisors

  • C

    Seller Co-Listing Agent in 2018

    Clint Perkins

    Section Image

  • R

    Buyer's Agent in 2018

    Ray Schilke Iii

    International Home Network LLC

    (239) 223-4412

    1 in this area

    25 Total Sales

    Ray Schilke Iii
    Section Image
  • Robert Tyler

    Seller's Agent in 2015

    Robert Tyler

    Compass Florida LLC

    (239) 850-2629

    7 in this area

    74 Total Sales

    Robert Tyler
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217051286

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-01698.0310

Florida Lee County Cape Coral 33914 Pelican

1011 SW 48th Terrace, Cape Coral, FL

This home is located at 1011 SW 48th Terrace, Cape Coral, FL 33914 since 10 August 2017 and is currently estimated at $371,751, approximately $288 per square foot. This property was built in 1977. 1011 SW 48th Terrace 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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