NOT LISTED FOR SALE

1024 NE 40th St Cape Coral, FL 33909

Jacaranda Neighborhood

Estimated Value: $340,381 - $394,000

4 Beds
2 Baths
1,857 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $258,900 $139 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,412/month

128 Days on Market

Highlights

  • No HOA
  • Walk-In Pantry
  • Porch
  • North Fort Myers High School Rated A
  • Shutters
  • 2 Car Attached Garage

About This Home

As of January 2021

Home is under-construction and the excepted completion date is Dec 29, 2020. The Estero floor plan is a spacious one-story retreat located within the
picturesque community of Cape Coral. This beautiful oasis features an open-concept floor
plan, 4 bedrooms and 2 full baths complete with unbelievable upgrades. Upgrades such as
energy-efficient Whirlpool® appliances, spacious granite countertops, 36” upper cabinets
with crown molding, undermount kitchen sink, Moen® faucets, a convenient outlet with USB
charging capability, brushed nickel hardware and an attached two-car garage with a Wi-Fi- enabled garage door opener are included with the home. The Estero showcases a master
suite with a large walk-in closet and full bathroom. In addition, residents can entertain
anywhere from the spacious family room and a dining area, as well as a covered back patio.
Cape Coral provides residents with quick access to the best shopping, dining and
entertainment Fort Myers has to offer.

Last Agent to Sell the Property

Joseph Boyd

Joseph Boyd License #261556396 Listed on: 08/06/2020

Joseph Boyd

Last Buyer's Agent

non-member MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $445

Year Built

  • Built in 2020

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Southwest Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,857 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Double Hung Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 13 / 5708
  • Assessor Parcel Number 18-43-24-C4-05708.0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$445

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 80 x 120 x 80 x 120
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: From Colonial Blvd head west on toll road, continue on Midpoint Bridge, continue on Veterans Memorial Parkway, South on Chiquita Blvd S to Information Center.
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2020
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, High Speed Internet, Living/Dining Room, Main Level Master, Pantry, Separate Shower, Walk-In Pantry, Walk-In Closet(s)
  • Living Area: 1857.0
  • Stories: 1
  • Window Features: Double Hung, Window Coverings
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Home Warranty
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Sprinkler/Irrigation, Shutters Manual
  • Patio And Porch Features: Open, Porch
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 18-43-24-C4-05708.0130
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 445.0
  • Tax Block: 5708
  • Tax Lot: 13
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Jan 12, 2021
Sold by
Lgi Homes Florida Llc
Bought by
Ponzi Troy
Seller's Agent
Joseph Boyd
Joseph Boyd
Buyer's Agent
non-member MLS
List Price
$257,900
Sold Price
$258,900
Premium/Discount to List
$1,000
0.39%
Current Estimated Value
$367,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,195
Avg. Annual Appreciation
7.75%
Original Mortgage
$246,295
Outstanding Balance
$220,823
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$146,272

Purchase Details

Closed on
Jun 20, 2018
Sold by
Rivas Roman and Figneroa Luz M
Bought by
Royal Southwest Holdings Llc
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
Ponzi Troy $258,900 Empower Title Llc
Royal Southwest Holdings Llc $9,000 Itownsend Title Ins Agency L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ponzi Troy $246,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $258,900 +0.4% $139 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $257,900 -- $139 / 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 $5,484 $290,718 $32,003 $258,715
2023 $5,484 $292,251 $11,398 $280,853
2022 $5,217 $285,745 $7,200 $278,545
2021 $3,763 $194,232 $7,200 $187,032
2020 $448 $6,500 $6,500 $0
2019 $445 $7,500 $7,500 $0
2018 $436 $8,400 $8,400 $0
2017 $418 $10,578 $10,578 $0
2016 $393 $10,500 $10,500 $0
2015 $338 $6,800 $6,800 $0
2014 -- $6,016 $6,016 $0
2013 -- $4,400 $4,400 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph Boyd

    Joseph Boyd

    Section Image

  • n

    Buyer's Agent in 2021

    non-member MLS

  • O

    Buyer's Agent in 2021

    Out of area Non Member

    FGC Non-MLS Office

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220049170

Florida Gulf Coast Multiple Listing Service

APN: 18-43-24-C4-05708.0130

Florida Lee County Cape Coral 33909 Jacaranda

1024 NE 40th St, Cape Coral, FL

This home is located at 1024 NE 40th St, Cape Coral, FL 33909 since 06 August 2020 and is currently estimated at $367,095, approximately $197 per square foot. This property was built in 2020. 1024 NE 40th St is a home located in Lee County with nearby schools including Dr. Carrie D. Robinson Littleton Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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