NOT LISTED FOR SALE

1016 SE 8th St Unit 4 Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $93,000 - $131,000

1 Bed
1 Bath
652 Sq Ft
$300/mo HOA Fee

Last Sold November 28, 2023

Last sale price $127,000 $195 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,040/month

64 Days on Market

Highlights

  • Pool View
  • Community Pool
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Bathtub with Shower
  • Zero Lot Line

About This Home

As of November 2023

BY FAR..the LOWEST PRICED condo in Cape Coral *** NOT a 55+ community *** In the heart of Cape Coral *** The building is a one story >> hence the condo is on GROUND LEVEL without any stairs to climb *** In GOOD CONDITION, ready to move in *** FRESHLY PAINTED in modern color *** NEW fans *** NEW blinds ** THIS is a lovely community for an an owner occupant as well as a snowbird *** Only 8 units placed in horseshoe formation around the large community pool *** Very quiet community *** It also is a good investment with ca. 7% anticipated ROI >> the yearly rental income for comparable units is about 15,000 *** Property taxes in 2022 were only $1,120 *** The HOA fee is reasonable with $300 p.m. *** Water is INCLUDED in the HOA *** LARGE parking lot *** VERY central location: 2 minutes to Del Prado, 12 min to Ft Myers, 17 min to Cape Coral Beach *** Water heater replaced in 2018 *** Ac replaced in 2017 *** Seller will install new bathroom cabinet ***

Last Agent to Sell the Property

Bodo Kleber

Florida Homes Realty Group Inc License #258014587 Listed on: 08/22/2023

Last Buyer's Agent

Kara Livingston

Old Glory Realty License #258028858

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,120

Year Built

  • Built in 1987

Lot Details

  • South Facing Home
  • Zero Lot Line

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

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

Interior Spaces

  • 652 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Pool Views
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 1000
  • Assessor Parcel Number 18-44-24-C4-01000.0040

Community Details

Overview

  • Association fees include ground maintenance, pest control, sewer, trash, water
  • 8 Units
  • Association Phone (239) 218-1167
  • Sunny Palms West Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,120

Year Built

Built in 1987

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1646
  • Ownership: Condo
  • Subdivision Name: SUNNY PALMS WEST
  • Architectural Style: Other, Ranch, One Story, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Building Stories: 1
  • Structure Type: Low Rise
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Living/Dining Room, Tub Shower
  • Living Area: 652.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Pool
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Familial Relation, Owner Is Listing Agent
  • Construction Type: Block, Concrete, Wood Siding
  • Direction Faces: South
  • Exterior Features: Other
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: 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: Non-Gated
  • Amenities: Pool
  • Association #2 Fee: 300.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239 218 1167
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 18-44-24-C4-01000.0040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1119.61
  • Tax Block: 1000
  • Tax Lot: 4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2012
Sold by
Tracey Margaret F
Bought by
Rayford Properties Inc
Current Estimated Value
$111,224

Purchase Details

Closed on
Feb 20, 1997
Sold by
Rich Harold J
Bought by
Tracey Margaret F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
7.9%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rayford Properties Inc $26,000 Fidelity National Title Of F
Tracey Margaret F $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tracey Margaret F $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2023 11/28/23 Sold $127,000 -5.9% $195 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
09/20/2023 09/20/23 Price Changed $135,000 +4.7% $207 / Sq Ft
09/09/2023 09/09/23 Price Changed $129,000 -6.5% $198 / Sq Ft
08/22/2023 08/22/23 For Sale $138,000 -- $212 / 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 $1,825 $80,951 -- $80,951
2024 $1,346 $89,503 -- $89,503
2023 $1,346 $43,859 $0 $0
2022 $1,120 $39,872 $0 $0
2021 $962 $45,677 $0 $45,677
2020 $889 $41,183 $0 $41,183
2019 $844 $41,183 $0 $41,183
2018 $816 $41,183 $0 $41,183
2017 $739 $34,723 $0 $34,723
2016 $672 $29,877 $0 $29,877
2015 $631 $27,700 $0 $27,700
2014 -- $18,600 $0 $18,600
2013 -- $18,480 $0 $18,480
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223044746

Florida Gulf Coast Multiple Listing Service

APN: 18-44-24-C4-01000.0040