NOT LISTED FOR SALE

1108 SW 51st Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $419,647 - $531,000

3 Beds
2 Baths
1,700 Sq Ft
$272/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $262,000 $154 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,994/month

143 Days on Market

Highlights

  • Concrete Pool
  • No HOA
  • Breakfast Bar
  • Cape Elementary School Rated A-
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of March 2019

Southwest Cape Coral Pool home with southern exposure. Located south of Cape Coral Pkwy in the highly desirable Unit 64. Close to all the amenities that Tarpon Marina and Cape Harbour have to offer. The home features a great room design with split bedrooms. Sliders open to the spacious heated pool and lanai which is under truss. Storm shutters for insurance savings and peace of mind. The property has been well maintained and is offered Turnkey. It was rented as Vacation and Seasonal rental.

Last Agent to Sell the Property

Michael Binder

100 Pro Realty LLC License #258016518 Listed on: 10/06/2018

Last Buyer's Agent

Michael Binder

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,751

Year Built

  • Built in 2004

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Double Hung Windows
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Pool

  • Concrete Pool
  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1680
  • Assessor Parcel Number 15-45-23-C2-01680.0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,751

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Skyline Blvd S turn left on to 51st ter home on the left
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Other, Shower Only, Separate Shower
  • Living Area: 1700.0
  • Stories: 1
  • Window Features: Double Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, 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
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 15-45-23-C2-01680.0030
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4751.0
  • Tax Block: 1680
  • Tax Lot: 3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2018
Closed on
Mar 29, 2019
Sold by
Lee Valerie A
Bought by
Portunus Llc
Seller's Agent
Michael Binder
100 Pro Realty LLC
Buyer's Agent
Michael Binder
List Price
$298,500
Sold Price
$262,000
Premium/Discount to List
-$36,500
-12.23%
Current Estimated Value
$462,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,912
Avg. Annual Appreciation
9.04%
Original Mortgage
$178,487
Outstanding Balance
$156,601
Interest Rate
4.3%
Mortgage Type
Balloon
Estimated Equity
$306,311

Purchase Details

Closed on
Oct 16, 2018
Sold by
Lee Michael
Bought by
Lee Michael and Lee Valerie A

Purchase Details

Closed on
Nov 27, 2015
Sold by
Forbes James and Forbes Lois
Bought by
Lee Michael

Purchase Details

Closed on
Apr 19, 2004
Sold by
Laquidara Anthony Felix
Bought by
Forbes James and Forbes Lois

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
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 2003
Sold by
Schmuck Paul L
Bought by
Laquidara Anthony Felix

Purchase Details

Closed on
Nov 1, 2000
Sold by
Davola Salvatore and Davola Josephine
Bought by
Schmuck Paul L
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
Portunus Llc $262,000 Realty Title Solutions Lllp
Lee Michael -- Attorney
Lee Michael $247,500 Townsend Title Insurance Age
Forbes James $185,000 First Choice Title Group Llc
Laquidara Anthony Felix $37,000 --
Schmuck Paul L $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portunus Llc $178,487
Previous Owner Forbes James $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $262,000 -12.2% $154 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
10/06/2018 10/06/18 For Sale $298,500 -- $176 / 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
2025 $6,795 $383,478 $100,130 $252,390
2024 $6,800 $372,342 -- --
2023 $6,800 $338,493 $0 $0
2022 $6,005 $307,721 $0 $0
2021 $5,120 $260,588 $48,300 $212,288
2020 $4,862 $236,606 $48,300 $188,306
2019 $4,864 $238,209 $48,300 $189,909
2018 $5,003 $240,633 $46,000 $194,633
2017 $4,751 $222,858 $55,000 $167,858
2016 $4,676 $217,764 $55,000 $162,764
2015 $4,223 $196,698 $43,200 $153,498
2014 -- $169,713 $40,400 $129,313
2013 -- $165,200 $18,600 $146,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Binder

    100 Pro Realty LLC

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218065740

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-01680.0030

Florida Lee County Cape Coral 33914 Pelican

1108 SW 51st Terrace, Cape Coral, FL

This home is located at 1108 SW 51st Terrace, Cape Coral, FL 33914 since 06 October 2018 and is currently estimated at $462,912, approximately $272 per square foot. This property was built in 2004. 1108 SW 51st Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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