NOT LISTED FOR SALE

1103 SE 23rd Place Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $320,000 - $443,000

4 Beds
4 Baths
-- Sq Ft
0.26 Acres

Last Sold December 11, 2023

Last sale price $350,000

Est. 6% increase in value since last sale

Current estimated payment $2,370/month

10 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • Fenced
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2023

GREAT INVESTMENT OPPORTUNITY (duplex) property in Cape Coral!! NEW ROOF in 2023!! Each unit has 2 bedrooms and 2 bathrooms, full kitchen, fenced in yard, and screened in lanai. Convenient to shopping & dining! Tenants are month to month. Schedule your private showing today!

Last Agent to Sell the Property

Mike Monge

Keller Williams Elevate Luxury License #BEAR-3406964 Listed on: 10/25/2023

Keller Williams Elevate Luxury

Co-Listed By

Ashley Monge

Keller Williams Elevate Luxury License #BEAR-3528616

Last Buyer's Agent

Juan Romano

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,820

Year Built

  • Built in 1984

Lot Details

  • 0.26 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access, sewer, trash removal, water
  • Assessor Parcel Number 20-44-24-C2-01400.0060
  • Tax Block 1400

Community Details

Overview

  • 2 Units
  • Cape Coral Condos
  • Cape Coral Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $5,000
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,820

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 18 BLK 1400 PB 13 PG 105 LOTS 6 + 7 + VAC INST# 2008000115643
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.632032$-81.925065$78.91$13.33$1.00$WVCsWCtgSRUrXvy3jII6iw
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Other
  • Road: Public Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Cape Coral
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: CAPE CORAL
  • Development Name: CAPE CORAL

Lot Info

  • Section: 20
  • Waterfront: No
  • Zoning Code: R3-D
  • Acres: 0.2570
  • Lot Description: Regular
  • Parcel Number: 20-44-24-C2-01400.0060

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access, Sewer, Trash Removal, Water

Tax Info

  • Tax Description: City And County, No Homestead
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 3820.32
  • Tax Year: 2022

Multi Family

  • Gross Rental Income: 19200.00
  • Annual Expenses: 5000.00
  • Annual Net Operating Income: 14400.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Dec 11, 2023
Sold by
Arrieta Michael J and Arrieta Laura F
Bought by
Rodriguez Santa M and Rodriguez Rogelio E
Seller's Agent
Mike Monge
Keller Williams Elevate Luxury
Buyer's Agent
Juan Romano
Premiere Plus Realty Company
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Views
48
Current Estimated Value
$370,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,000
Avg. Annual Appreciation
3.00%
Original Mortgage
$262,500
Outstanding Balance
$258,379
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$111,621

Purchase Details

Closed on
Jan 15, 2019
Sold by
The Carmen Cahuana Living Trust
Bought by
Arrieta Michael J and Arrieta Laura F

Purchase Details

Closed on
Dec 14, 2004
Sold by
Cahuana Carmen
Bought by
The Carmen Cahuana Living Trust
Source: Public Records

Range of Values:

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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
Rodriguez Santa M $350,000 Premier Reputation Title
Arrieta Michael J -- Attorney
The Carmen Cahuana Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Santa M $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $350,000 -12.5% --
11/04/2023 11/04/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $400,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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
2025 $5,078 $257,912 $72,675 $175,580
2024 $5,078 $236,829 $81,835 $145,492
2023 $4,144 $173,043 $0 $0
2022 $3,820 $157,312 $0 $0
2021 $3,399 $143,470 $33,622 $109,848
2020 $3,228 $130,010 $31,750 $98,260
2019 $2,845 $123,547 $25,000 $98,547
2018 $2,751 $124,364 $25,000 $99,364
Source: Public Records

Agents Affiliated with this Home

  • Mike Monge

    Seller's Agent in 2023

    Mike Monge

    Keller Williams Elevate Luxury

    (239) 560-5523

    9 in this area

    194 Total Sales

    Mike Monge
    Section Image
  • Ashley Monge

    Seller Co-Listing Agent in 2023

    Ashley Monge

    Keller Williams Elevate Luxury

    (239) 560-8616

    4 in this area

    57 Total Sales

    Ashley Monge
    Section Image
  • Juan Romano

    Buyer's Agent in 2023

    Juan Romano

    Premiere Plus Realty Company

    (239) 682-0044

    1 in this area

    69 Total Sales

    Juan Romano
    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 223077809

Multiple Listing Service of Bonita Springs-Estero

APN: 20-44-24-C2-01400.0060

Florida Lee County Cape Coral 33990 Hancock

1103 SE 23rd Place, Cape Coral, FL

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