NOT LISTED FOR SALE

Estimated Value: $950,000 - $1,315,000

0.23 Acre
$4,656,498 Price per Acre
10,001 Sq Ft Lot

Last Sold March 01, 2021

Last sale price $103,000

Est. 938% increase in value since last sale

Current estimated payment $6,073/month

1,481 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Canal View
  • Cape Elementary School Rated A-

About This Lot

As of March 2021

Build your new home on this Amazing Waterfront Gulf Access property on Cinerama Canal. Enjoy stunning sunsets everyday from your lanai with this Western Exposure property. Close to waterfront restaurants, Matlacha, Sanibel, Cayo Costa, Boca Grande, Captiva and Fort Myers. Less than 2 miles from the future development of the Seven Islands. One 10 foot bridge to spreader canal and Gulf of Mexico.

Last Agent to Sell the Property

Nadine Cordisio Latronica

Coastal Realty SWFL License #252013551 Listed on: 01/09/2017

Last Buyer's Agent

Christopher DeRupo PA

Re/Max Sunshine License #252012432

Re/Max Sunshine

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,299

Lot Details

  • 10,001 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 125 x 80
  • Waterfront
  • East Facing Home
  • Property is zoned R1-W

Property Views

  • Canal Views

Listing and Financial Details

  • Legal Lot and Block 22 / 4221
  • Assessor Parcel Number 06-44-23-C4-04221.0220

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,299

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.2296
  • Lot Size: 80 x 125 x 125 x 80
  • Subdivision Name: CAPE CORAL
  • Directions: north on Burnt Store Road, Left on Yucatan Pkwy, Left on 38th Place, lot on your right. Sign on lot
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: See Remarks
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: See Remarks
  • Utilities: Other
  • Water Source: See Remarks

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Current Use: Single Family
  • Parcel #: 06-44-23-C4-04221.0220
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1299.0
  • Tax Block: 4221
  • Tax Lot: 22
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 1, 2021
Sold by
Latronica James J and Latronica Nadine Cordisio
Bought by
Jones Christopher G and Jones Andrea R
Seller's Agent
Nadine Cordisio Latronica
Coastal Realty SWFL
Buyer's Agent
Christopher DeRupo PA
Re/Max Sunshine
List Price
$118,000
Sold Price
$103,000
Premium/Discount to List
-$15,000
-12.71%
Current Estimated Value
$1,069,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,132
Avg. Annual Appreciation
68.59%

Purchase Details

Listed on
Dec 23, 2013
Closed on
Apr 10, 2015
Sold by
Alvarez Armando
Bought by
Latronica James J and Latronica Nadine Cordisio
Seller's Agent
Tom Demogenes
RE/MAX Realty Team
Buyer's Agent
Bob Nelson
Coldwell Banker Realty
List Price
$73,000
Sold Price
$62,000
Premium/Discount to List
-$11,000
-15.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%

Purchase Details

Closed on
Nov 28, 2005
Sold by
Alfonso Pedro Pablo
Bought by
Alvarez Armando

Purchase Details

Closed on
Sep 21, 1998
Sold by
Jimenez Miguel and Alvarez Armando
Bought by
Alfonzo Pedro Pablo
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
Jones Christopher G $103,000 Florida T&E Group Llc
Latronica James J $62,000 Cape Coral Title Insurance A
Alvarez Armando $10,000 Accu Title Agency
Alfonzo Pedro Pablo $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Christopher G $674,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $103,000 -12.7% --
01/30/2021 01/30/21 Pending -- -- --
01/09/2017 01/09/17 For Sale $118,000 +90.3% --
04/16/2015 04/16/15 Sold $62,000 -15.1% --
03/17/2015 03/17/15 Pending -- -- --
12/23/2013 12/23/13 For Sale $73,000 -- --
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
2024 $2,978 $871,419 -- --
2023 $2,978 $116,600 $0 $0
2022 $1,968 $95,144 $95,144 $0
2021 $1,321 $56,000 $56,000 $0
2020 $1,266 $52,000 $52,000 $0
2019 $1,299 $55,000 $55,000 $0
2018 $1,319 $55,000 $55,000 $0
2017 $1,317 $55,000 $55,000 $0
2016 $1,311 $55,000 $55,000 $0
2015 $1,006 $52,000 $52,000 $0
2014 $854 $40,000 $40,000 $0
2013 -- $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217001715

Florida Gulf Coast Multiple Listing Service

APN: 06-44-23-C4-04221.0220