NOT LISTED FOR SALE

Estimated Value: $366,000 - $458,000

4 Beds
2 Baths
1,712 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $190,000 $111 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,569/month

40 Days on Market

Highlights

  • Display Windows
  • Tile Flooring
  • Ceiling Fan
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of October 2019

Do you want to have zero to very little mortgage or have a great rental income? This duplex is a great opportunity! 2 bedrooms and 1 bath in each side, the units are in great condition, carpet in the bedrooms and tile in the kitchen and living room. Kitchen cabinets and appliances are in very good shape. Appliances on unit 112 are about 2 years old. Fenced yard with a room for a pool if you wish. Location, Location, Location, off of Santa Barbara, less then 5 min from Sun Splash, restaurants, Walmart, Publix, parks and playgrounds. All assessment are paid and its not on the flood zone! These units will easily rent for $1100 each. Please do not disturb the tenants. Tenant on the left side will move out in August 15th. Please let me show you this property!!

Last Agent to Sell the Property

Bruna Braga

Agent Plus Realty LLC License #258021831 Listed on: 08/08/2019

Last Buyer's Agent

Jason Gunias

DomainRealty.com LLC License #258014446

DomainRealty.com LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1982

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 0 x 0 x 0
  • Fenced

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 1,712 Sq Ft Home
  • Ceiling Fan
  • Display Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone
  • Legal Lot and Block 5 / 1023
  • Assessor Parcel Number 24-44-23-C4-01023.0050

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,640
  • Net Operating Income $19,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Lot Size: 80 x 0 x 0 x 0
  • Subdivision Name: CAPE CORAL
  • Directions: From Pine Island, Turn right onto Santa Barbara Blvd, Turn left onto SE 12th Terrace.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1982
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Display Window(s)

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Fence
  • Property Condition: Resale
  • Roof: See Remarks

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 24-44-23-C4-01023.0050
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Telephone

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 19860.0
  • Annual Operating Expense: 2640.0

Tax Info

  • Tax Annual Amount: 2687.0
  • Tax Block: 1023
  • Tax Lot: 5
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2021
Sold by
Runco Giuseppe and Runco Ruby Y
Bought by
Panzica Katie
Current Estimated Value
$406,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Outstanding Balance
$175,400
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,600

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 17, 2019
Sold by
Roque Edson R and Braga Bruna C
Bought by
Runco Giuseppe and Runco Ruby Y
Seller's Agent
Bruna Braga
Agent Plus Realty LLC
Buyer's Agent
Jason Gunias
DomainRealty.com LLC
List Price
$209,500
Sold Price
$190,000
Premium/Discount to List
-$19,500
-9.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$152,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
Travis Paul D and Roberts Maureen L
Bought by
Roquc Edson R and Brag Bruna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,925
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
Egizi Hazel M
Bought by
Travis Paul and Roberts Maureen

Purchase Details

Closed on
Sep 11, 2006
Sold by
Brethauer Theresa
Bought by
Egizi Hazel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 2004
Sold by
Brethauer Maryellen
Bought by
Brethauer Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.66%
Mortgage Type
Commercial
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
Panzica Katie $255,200 Cape Coral Ttl Ins Agcy Inc
Runco Giuseppe $190,000 5 Star Title Group Inc
Roquc Edson R $179,900 Attorney
Travis Paul $50,000 Progressive Title Inc
Egizi Hazel M $217,000 Title Insurance Policy
Brethauer Theresa $28,500 West Bay Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panzica Katie $191,250
Previous Owner Runco Giuseppe $152,000
Previous Owner Roquc Edson R $134,925
Previous Owner Egizi Hazel M $173,600
Previous Owner Egizi Hazel M $43,400
Previous Owner Brethauer Theresa $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $190,000 -9.3% $111 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $209,500 -- $122 / 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 $4,867 $247,411 -- --
2023 $4,867 $224,919 $0 $0
2022 $4,281 $204,482 $61,406 $143,076
2021 $3,542 $152,308 $60,324 $91,984
2020 $3,364 $138,087 $40,250 $97,837
2019 $3,292 $136,478 $35,000 $101,478
2018 $2,687 $129,199 $35,000 $94,199
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219050918

Florida Gulf Coast Multiple Listing Service

APN: 24-44-23-C4-01023.0050