NOT LISTED FOR SALE

1031 NE 40th St Cape Coral, FL 33909

Jacaranda Neighborhood

Estimated Value: $24,310 - $197,000

0.23 Acre
$326,000 Price per Acre
9,932 Sq Ft Lot

Last Sold April 15, 2021

Last sale price $17,900

Est. 315% increase in value since last sale

Current estimated payment $455/month

24 Days on Market

Highlights

  • City View
  • North Fort Myers High School Rated A
  • Rectangular Lot

About This Lot

As of April 2021

New residential lot to build your dream home in the NE quadrant of Cape Coral FL! This is a rapidly developing area with loads of amenities and new homes being built all around. This area has very quick access to Downtown Fort Myers, highway 75 for quick commute to Miami or Tampa. Do not miss your opportunity to secure your location before prices rise!

Last Agent to Sell the Property

Devon Hofer

RE/MAX Realty Team License #582501668 Listed on: 02/19/2021

RE/MAX Realty Team

Last Buyer's Agent

Cecilia Gomez

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $445

Lot Details

  • 9,932 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Property Views

  • City Views

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 37 / 5709
  • Assessor Parcel Number 18-43-24-C4-05709.0370

Property Details

Property Type

Land

Est. Annual Taxes

$445

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.228
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: None
  • Utilities: Electricity Available, 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 #: 18-43-24-C4-05709.0370
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 445.0
  • Tax Block: 5709
  • Tax Lot: 37
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 13, 2021
Sold by
Provident Trust Group Llc
Bought by
Palace Thermofoil Cabinets Doors Corp
Seller's Agent
Devon Hofer
RE/MAX Realty Team
Buyer's Agent
Cecilia Gomez
List Price
$18,500
Sold Price
$17,900
Premium/Discount to List
-$600
-3.24%
Current Estimated Value
$74,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,428
Avg. Annual Appreciation
43.36%

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 8, 2021
Sold by
Daniels Elston
Bought by
Palace Thermofoil Cabinets Doors Corp
Seller's Agent
Devon Hofer
RE/MAX Realty Team
Buyer's Agent
Cecilia Gomez
List Price
$18,500
Sold Price
$17,900
Premium/Discount to List
-$600
-3.24%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Rock It Homes Llc
Bought by
Provident Trust Group Llc and Elston Daniels Ira

Purchase Details

Closed on
Aug 12, 2015
Sold by
The Deltona Corporation
Bought by
Rock It Homes Llc

Purchase Details

Closed on
Jan 23, 2006
Sold by
Greene Oliver L
Bought by
K Hovnanian First Homes Llc

Purchase Details

Closed on
Jul 18, 2005
Sold by
First Home Builders Of Florida
Bought by
Greene Oliver L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,139
Interest Rate
5.46%
Mortgage Type
Construction
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
Palace Thermofoil Cabinets Doors Corp $17,900 Attorney
Palace Thermofoil Cabinets Doors Corp -- Attorney
Provident Trust Group Llc $15,300 Attorney
Rock It Homes Llc $824,000 Bay Breeze Title Svcs Llc
K Hovnanian First Homes Llc $138,800 --
Greene Oliver L $100,500 First Home Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Greene Oliver L $190,139
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $17,900 -3.2% --
03/16/2021 03/16/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $18,500 -- --
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 $594 $8,712 -- --
2023 $594 $7,920 $0 $0
2022 $488 $7,200 $7,200 $0
2021 $478 $7,200 $7,200 $0
2020 $445 $6,500 $6,500 $0
2019 $442 $7,500 $7,500 $0
2018 $457 $8,400 $8,400 $0
2017 $471 $10,417 $10,417 $0
2016 $454 $10,500 $10,500 $0
2015 $336 $6,800 $6,800 $0
2014 $274 $6,016 $6,016 $0
2013 -- $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Devon Hofer

    RE/MAX

    (320) 304-3065

    3 in this area

    85 Total Sales

    Devon Hofer
    Section Image

  • C

    Buyer's Agent in 2021

    Cecilia Gomez

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221013102

Florida Gulf Coast Multiple Listing Service

APN: 18-43-24-C4-05709.0370

Florida Lee County Cape Coral 33909 Jacaranda

1031 NE 40th St, Cape Coral, FL

This home is located at 1031 NE 40th St, Cape Coral, FL 33909 since 19 February 2021 and is currently estimated at $74,328. 1031 NE 40th St is a home located in Lee County with nearby schools including Dr. Carrie D. Robinson Littleton Elementary School, J. Colin English Elementary School, and Caloosa Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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