NOT LISTED FOR SALE

1055 NE 40th St Cape Coral, FL 33909

Jacaranda Neighborhood

Estimated Value: $301,180 - $328,000

3 Beds
2 Baths
1,400 Sq Ft
$225/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $331,990 $237 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,051/month

Highlights

  • High Ceiling
  • No HOA
  • Porch
  • North Fort Myers High School Rated A
  • Shutters
  • 2 Car Attached Garage

About This Home

As of August 2023

NEW BUILD - Anticipated completion date is July 18th, 2023. The brand-new, 1,400-square-foot (air-conditioned) Weston plan boasts a well-designed open floor plan that includes three bedrooms, two baths, a two-car garage. The kitchen boasts upgraded 36” contemporary shaker-style cabinets, a spacious 7’ wide kitchen island with granite countertops, GE dishwasher, microwave and range and overlooks a spacious great room that features beautiful tile-plank flooring and vaulted ceilings. The expansive owner’s suite features a private bathroom, with separate water-closet room, and large walk-in closet. The two guest bedrooms share a guest bathroom and are located opposite the owner’s suite. The Weston also features a decorative brick paver driveway, professionally designed landscaping package and irrigation system and designer-selected paint colors, light and plumbing fixtures. ***FINANCING? HUGE BUILDER CLOSING COST INCENTIVES***

Last Agent to Sell the Property

Chris Morimanno

Coaston Realty LLC License #258015519 Listed on: 06/15/2023

Co-Listed By

Joel Morimanno

Coaston Realty LLC License #258015518

Last Buyer's Agent

Jessica Torres

RE/MAX Realty Team License #258024705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $492

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 10,629 Sq Ft Lot
  • Southeast Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Shutters
  • Single Hung Windows
  • Open Floorplan
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 5709
  • Assessor Parcel Number 18-43-24-C3-05709.0250

Home Details

Home Type

Single Family

Est. Annual Taxes

$492

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.244
  • Co List Office Mls Id: FZRP
  • Co List Office Phone: 941-552-6705
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2023
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Microwave, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Dual Sinks, Family/Dining Room, High Ceilings, Living/Dining Room, Pantry, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1400.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Sprinkler/Irrigation, Shutters Manual
  • Patio And Porch Features: Open, Porch
  • Property Condition: Under Construction
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 18-43-24-C3-05709.0250
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 492.2
  • Tax Block: 5709
  • Tax Lot: 25
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 16, 2023
Sold by
Coaston Homes Llc
Bought by
Barrios Luis Japhet Ortiz
Seller's Agent
Chris Morimanno
Coaston Realty LLC
Buyer's Agent
Jessica Torres
RE/MAX Realty Team
List Price
$331,990
Sold Price
$331,990
Views
2
Current Estimated Value
$315,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,695
Avg. Annual Appreciation
-2.44%
Original Mortgage
$325,976
Outstanding Balance
$319,182
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
-$3,887

Purchase Details

Closed on
Jun 3, 2022
Sold by
Anita Albert-Watson
Bought by
Coaston Homes Llc

Purchase Details

Closed on
Apr 12, 2013
Sold by
Aq Fl Land Llc
Bought by
Alberi Watson Aniia

Purchase Details

Closed on
Jan 23, 2013
Sold by
Sheehan James R
Bought by
Sheehan James R
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
Barrios Luis Japhet Ortiz $332,000 Title Group
Coaston Homes Llc $42,000 New Title Company Name
Alberi Watson Aniia $5,800 Attorney
Aq Fl Land Llc $4,300 Attorney
Sheehan James R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrios Luis Japhet Ortiz $325,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Pending -- -- --
08/16/2023 08/16/23 Sold $331,990 0.0% $237 / Sq Ft
06/15/2023 06/15/23 For Sale $331,990 -- $237 / 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 $4,455 $268,562 $32,003 $236,559
2023 $582 $18,227 $18,227 $0
2022 $492 $7,200 $7,200 $0
2021 $482 $7,200 $7,200 $0
2020 $448 $6,500 $6,500 $0
2019 $445 $7,500 $7,500 $0
2018 $460 $8,400 $8,400 $0
2017 $445 $10,578 $10,578 $0
2016 $417 $10,500 $10,500 $0
2015 $361 $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

  • C

    Seller's Agent in 2023

    Chris Morimanno

    Coaston Realty LLC

    (239) 285-7811

    76 in this area

    652 Total Sales

    Chris Morimanno
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Joel Morimanno

    Coaston Realty LLC

    (239) 285-7765

    78 in this area

    663 Total Sales

    Joel Morimanno
    Section Image
  • Jessica Torres

    Buyer's Agent in 2023

    Jessica Torres

    RE/MAX

    (239) 677-0886

    15 in this area

    149 Total Sales

    Jessica Torres
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223044647

Florida Gulf Coast Multiple Listing Service

APN: 18-43-24-C3-05709.0250

Florida Lee County Cape Coral 33909 Jacaranda

1055 NE 40th St, Cape Coral, FL

This home is located at 1055 NE 40th St, Cape Coral, FL 33909 since 15 June 2023 and is currently estimated at $315,295, approximately $225 per square foot. This property was built in 2023. 1055 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.

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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