NOT LISTED FOR SALE

1023 SE 11th St Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $294,113 - $417,000

4 Beds
4 Baths
2,124 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $259,900 $122 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,296/month

41 Days on Market

Highlights

  • Jalousie or louvered window
  • Tile Flooring
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of April 2021

Looking for an investment property? Annual Rentals are in high demand in Cape Coral! Don’t miss this opportunity to own this centrally located Duplex located off Country Club Blvd. The building consists of two 2 bed, 2 bath units with separate electric and water meters. Both units already have tenants in place.

Last Agent to Sell the Property

James Sommers Pa

RE/MAX Trend License #258004921 Listed on: 02/18/2021

RE/MAX Trend

Last Buyer's Agent

Jay Jhonson

Innova Real Estate Corp License #258029562

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,124 Sq Ft Home
  • Jalousie or louvered window
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Legal Lot and Block 36 / 769
  • Assessor Parcel Number 19-44-24-C1-00769.0360

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,650
  • Net Operating Income $16,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Jalousie, Single Hung

Exterior Features

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

Utilities

  • 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: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 19-44-24-C1-00769.0360
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 16650.0
  • Annual Operating Expense: 4650.0

Tax Info

  • Tax Annual Amount: 3277.0
  • Tax Block: 769
  • Tax Lot: 36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 12, 2021
Sold by
Nolan Zastrow Incorporated
Bought by
Ramirez Gleyty Izquierdo
Seller's Agent
James Sommers Pa
RE/MAX Trend
Buyer's Agent
Jay Jhonson
Innova Real Estate Corp
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$364,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,128
Avg. Annual Appreciation
7.69%
Original Mortgage
$255,192
Outstanding Balance
$230,407
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$133,621

Purchase Details

Closed on
Apr 19, 2013
Sold by
Gray Diana L
Bought by
Nolan Zastrow Incorporated

Purchase Details

Closed on
May 13, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Gray Diana L

Purchase Details

Closed on
Dec 19, 2008
Sold by
Rodriguez Osdany and Rachitoff Vanessa
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 30, 2004
Sold by
Asbrock Dewayne
Bought by
Rodriguez Osdany and Rachitoff Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2002
Sold by
Shepard Lisa S
Bought by
Asbrock Dewayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2001
Sold by
Orebech Even
Bought by
Shepard Lisa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 2001
Sold by
Nellans Larry W
Bought by
Orebech Even

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,250
Interest Rate
6.57%
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
Ramirez Gleyty Izquierdo $259,900 Sandcastle Title Svcs Llc
Nolan Zastrow Incorporated $125,000 Cape Coral Title Insurance A
Gray Diana L $60,000 Servicelink
Jpmorgan Chase Bank National Association -- None Available
Rodriguez Osdany $172,000 Team Title Insurance Inc
Asbrock Dewayne $137,500 --
Shepard Lisa S $117,900 --
Orebech Even -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Gleyty Izquierdo $255,192
Previous Owner Rodriguez Osdany $163,400
Previous Owner Asbrock Dewayne $123,750
Previous Owner Shepard Lisa S $94,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $259,900 0.0% $122 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $259,900 -- $122 / 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 $4,587 $253,096 -- --
2024 $4,426 $245,963 $65,598 $172,871
2023 $4,426 $239,967 $127,300 $112,667
2022 $4,455 $213,985 $48,800 $165,185
2021 $3,449 $145,620 $48,800 $96,820
2020 $3,277 $132,431 $48,800 $83,631
2019 $3,118 $125,972 $41,000 $84,972
2018 $3,070 $126,781 $35,000 $91,781
2017 $2,946 $126,777 $17,000 $109,777
2016 $2,647 $104,764 $17,000 $87,764
2015 $2,415 $89,201 $14,000 $75,201
2014 -- $84,999 $11,280 $73,719
2013 -- $71,200 $10,800 $60,400
Source: Public Records

Agents Affiliated with this Home

  • James Sommers Pa

    Seller's Agent in 2021

    James Sommers Pa

    RE/MAX

    (239) 851-2351

    21 in this area

    379 Total Sales

    James Sommers Pa
    Section Image

  • J

    Buyer's Agent in 2021

    Jay Jhonson

    Innova Real Estate Corp

    (239) 888-6804

    1 in this area

    31 Total Sales

    Jay Jhonson
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221009169

Florida Gulf Coast Multiple Listing Service

APN: 19-44-24-C1-00769.0360

Florida Lee County Cape Coral 33990 Hancock

1023 SE 11th St Unit A-B, Cape Coral, FL

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