NOT LISTED FOR SALE

1024 NW 28th Ave Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $36,000 - $237,000

0.24 Acre
$472,676 Price per Acre
10,629 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $34,500

Est. 234% increase in value since last sale

Current estimated payment $683/month

139 Days on Market

Highlights

  • Waterfront
  • Canal View
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Furnished

About This Lot

As of July 2024

Nestled in the flourishing area of NW Cape Coral, this idyllic freshwater lot offers a serene waterfront lifestyle without the hefty price tag. A stone's throw from the exciting new 7 Islands project, this property promises a blend of tranquil living and convenient access to upcoming amenities and attractions. Relish the benefits of waterside living—enjoy kayaking, fishing, or simply bask in the picturesque views right from your backyard. This prime lot is a gateway to a laid-back lifestyle, where the pleasures of water access come without the burden of high taxes and insurance typically associated with Gulf access properties. Seize the opportunity to build your dream home in a locale that's set to thrive, making it an ideal choice for both investors and families looking to plant roots in a vibrant community. Don't miss out on this chance to be part of Cape Coral's bright future.

Last Agent to Sell the Property

Nicholas Bal

EXP Realty LLC License #258034546 Listed on: 03/13/2024

EXP Realty LLC

Last Buyer's Agent

Nicholas Bal

EXP Realty LLC License #258034546 Listed on: 03/13/2024

EXP Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $852

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • East Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Interior Spaces

  • Furnished
  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 65 / 4044
  • Assessor Parcel Number 05-44-23-C4-04044.0650

Property Details

Property Type

Land

Est. Annual Taxes

$852

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.244
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Furnished: Furnished

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-44-23-C4-04044.0650
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 851.98
  • Tax Block: 4044
  • Tax Lot: 65
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jul 30, 2024
Sold by
Rinehart Janet Hurtig and Rinehart Janet L
Bought by
Nguyen Alan P and Nguyen Linh T
Seller's Agent
Nicholas Bal
EXP Realty LLC
Buyer's Agent
Nicholas Bal
EXP Realty LLC
List Price
$48,000
Sold Price
$34,500
Premium/Discount to List
-$13,500
-28.12%
Views
12
Current Estimated Value
$115,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,833
Avg. Annual Appreciation
164.66%

Purchase Details

Closed on
Aug 19, 1993
Sold by
Hurtig William and Spangler Gladys F
Bought by
Rinehart Guy M and Rinehart Janet L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nguyen Alan P $34,500 Fidelity National Title Of Flo
Rinehart Guy M $5,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $34,500 -13.5% --
07/31/2024 07/31/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $39,900 -11.1% --
06/17/2024 06/17/24 Price Changed $44,900 -6.5% --
05/30/2024 05/30/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $48,000 0.0% --
04/15/2024 04/15/24 Price Changed $48,000 -12.7% --
03/26/2024 03/26/24 Price Changed $55,000 0.0% --
03/26/2024 03/26/24 For Sale $55,000 0.0% --
03/13/2024 03/13/24 For Sale $55,000 -- --
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 $926 $37,145 $37,145 --
2024 $852 $15,972 -- --
2023 $852 $14,520 $0 $0
2022 $665 $12,000 $12,000 $0
2021 $562 $12,000 $12,000 $0
2020 $546 $12,000 $12,000 $0
2019 $561 $14,000 $14,000 $0
2018 $557 $14,000 $14,000 $0
2017 $522 $14,212 $14,212 $0
2016 $489 $14,000 $14,000 $0
2015 $443 $12,000 $12,000 $0
2014 $441 $11,100 $11,100 $0
2013 -- $8,400 $8,400 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nicholas Bal

    EXP Realty LLC

    (239) 677-9127

    3 in this area

    9 Total Sales

    Nicholas Bal
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224024535

Florida Gulf Coast Multiple Listing Service

APN: 05-44-23-C4-04044.0650

Florida Lee County Cape Coral 33993 Burnt Store

1024 NW 28th Ave, Cape Coral, FL

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