1101 SW 51st Terrace Cape Coral, FL 33914
Pelican Neighborhood
3
Beds
2
Baths
2,060
Sq Ft
0.36
Acres
Highlights
- Concrete Pool
- Waterfront
- Canal View
- Cape Elementary School Rated A-
- Canal Access
- Florida Architecture
About This Home
As of May 2023NEW METAL ROOF, NEW A/C, DIRECT GULF ACCESS, POOL AS IS HOME IN A TRIPLE CORNER LOT. Unique opportunity for investors or owners that want to do your own interior design, in a safe, friendly, peaceful and beautiful neighborhood, take action today. Enjoy a quality lifestyle in this house. Direct Gulf access western exposure large pool home within proximity of Tarpon Point. No boat lock, no bridges. As is property offers a split floor plan, 3 bedrooms, two baths, one bathroom also serves as the pool bathroom. Huge space for build the kitchen of your dreams. When you open your sliding doors you will enjoy your relaxing outdoor paradise with large lanai, large screened-in heated pool with fountain (new screens), abundant extra green space to the rear of the house, large deck and boat lift with composite deck. The house is protected with manual shutters in front door, on all windows and lanai. Choose to reside in one of SW Cape Coral's most sought-after waterfront areas, close to shopping and multiple dining options. This house was flooded by the hurricane. The drywall repair was done professionally & immediately, here you have the opportunity to do the rest to your own taste and possibilities.
Last Agent to Sell the Property
Royal Shell Real Estate, Inc. License #258026741 Listed on: 04/25/2023
Last Buyer's Agent
Zane Stearns
INACTIVE AGENT ACCT License #260053822
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,532
Year Built
- Built in 1988
Lot Details
- 0.36 Acre Lot
- Lot Dimensions are 68 x 165 x 125 x 158
- Waterfront
- South Facing Home
- Sprinkler System
- Property is zoned R1-W
Parking
- 2 Car Attached Garage
- 2 Detached Carport Spaces
- Garage Door Opener
- Driveway
Home Design
- Florida Architecture
- Metal Roof
- Stucco
Interior Spaces
- 2,060 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Shutters
- Formal Dining Room
- Canal Views
- Fire and Smoke Detector
Flooring
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- Heated In Ground Pool
- Screen Enclosure
Outdoor Features
- Canal Access
- Screened Patio
- Porch
Additional Features
- Wheelchair Access
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / 1688
- Assessor Parcel Number 15-45-23-C2-01688.0040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 9, 2025
Sold by
Setnext Llc
Bought by
Sahin Ramazan Ilker
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Outstanding Balance
$433,627
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$245,666
Purchase Details
Listed on
Apr 25, 2023
Closed on
May 30, 2023
Sold by
Pinellas Equities Llc
Bought by
Setnext Llc
Seller's Agent
Maria Scarlato
Royal Shell Real Estate, Inc.
Buyer's Agent
Zane Stearns
INACTIVE AGENT ACCT
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$646,110
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 18, 2014
Sold by
Higgins Janis D
Bought by
Songcuan Mauro D and Songcuan Kelly M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 1, 2009
Sold by
Abel Gene P
Bought by
Janis D Higgins Revocable Trust
Purchase Details
Closed on
Jun 23, 1999
Sold by
Bond Patricia A and Bond Garrrett
Bought by
Abel Gene P and Abel Carol L
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $620,000 | Pronto Titles | |
| Special Warranty Deed | $579,000 | None Listed On Document | |
| Warranty Deed | $575,000 | None Listed On Document | |
| Warranty Deed | $315,000 | Omnione Title Services | |
| Warranty Deed | $289,000 | Omnione Title Services Llc | |
| Warranty Deed | $187,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $434,000 | New Conventional | |
| Previous Owner | $646,110 | New Conventional | |
| Previous Owner | $290,000 | New Conventional | |
| Previous Owner | $315,000 | Seller Take Back | |
| Previous Owner | $156,500 | New Conventional | |
| Previous Owner | $154,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $143,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2023 05/30/23 | Sold | $575,000 | -4.2% | $279 / Sq Ft |
| 05/30/2023 05/30/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | Price Changed | $599,900 | -4.0% | $291 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $625,000 | -- | $303 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $11,719 | $694,875 | $694,865 | $10 |
| 2023 | $9,002 | $479,754 | $0 | $0 |
| 2022 | $8,533 | $436,140 | $0 | $0 |
| 2021 | $7,532 | $396,491 | $147,984 | $248,507 |
| 2020 | $7,162 | $360,942 | $120,000 | $240,942 |
| 2019 | $7,200 | $364,991 | $121,560 | $243,431 |
| 2018 | $7,164 | $369,027 | $115,800 | $253,227 |
| 2017 | $6,560 | $315,731 | $123,600 | $192,131 |
| 2016 | $6,475 | $309,294 | $135,223 | $174,071 |
| 2015 | $6,698 | $313,496 | $119,261 | $194,235 |
| 2014 | -- | $278,600 | $101,959 | $176,641 |
| 2013 | -- | $274,707 | $126,790 | $147,917 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2023
Maria Scarlato
Royal Shell Real Estate, Inc.
(239) 961-7710
15 in this area
17 Total Sales
-
Z
Buyer's Agent in 2023
Zane Stearns
INACTIVE AGENT ACCT
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 223031773
APN: 15-45-23-C2-01688.0040
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