NOT LISTED FOR SALE

1112 SW 48th Terrace Unit 101 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $179,000 - $251,000

2 Beds
2 Baths
1,160 Sq Ft
1,307 Sq Ft Lot

Last Sold June 02, 2020

Last sale price $143,500 $124 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,326/month

134 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • No HOA

About This Home

As of June 2020

Direct access water front corner unit located on the first floor with southern exposure. Deed dock space. Windows on all four sides of building. Brand new carpet , vacant and ready to enjoy. Very large screen lanai. Plus covered parking and extra out side storage area. Located in Southwest Cape Coral, south of Cape Coral Parkway. Unit is in move in condition.

Last Agent to Sell the Property

Joe Proia

Proia Realty Inc License #252000034 Listed on: 12/20/2019

Last Buyer's Agent

Joe Proia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1986

Lot Details

  • Home fronts a seawall
  • North Facing Home
  • Sprinkler System

Parking

  • 1 Detached Carport Space

Home Design

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

Interior Spaces

  • 1,160 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 101 / 40C
  • Assessor Parcel Number 15-45-23-C2-0040C.1010

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, irrigation water, pest control, reserve fund, sewer, trash, water
  • 10 Units
  • Southern Breeze Condo Subdivision

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,698

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SOUTHERN BREEZE CONDO
  • Directions: Cape Coral Parkway to south on SW 10th Ave to SW 48th Ter. to property.
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1986
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Ice Maker, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Bathtub, Eat-in Kitchen, Living/Dining Room, Pantry, Cable TV, Split Bedrooms
  • Living Area: 1160.0
  • Stories: 2
  • Window Features: Double Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • 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: Boat Dock, Pool, Storage
  • Association: No
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Irrigation Water, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 15-45-23-C2-0040C.1010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 2698.0
  • Tax Block: 40C
  • Tax Lot: 101
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2021
Sold by
Deloach Thomas Martin and Probst Kelly
Bought by
Deloach Thomas Martin
Current Estimated Value
$213,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$120,525
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$92,593

Purchase Details

Listed on
Dec 20, 2019
Closed on
May 29, 2020
Sold by
Oreszezyn Stephen A and Oreszezyn Maureen
Bought by
Deloach Thomas Martin and Probst Kelly
Seller's Agent
Joe Proia
Proia Realty Inc
Buyer's Agent
Joe Proia
List Price
$169,000
Sold Price
$143,500
Premium/Discount to List
-$25,500
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$136,325
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 1996
Sold by
Fuller Harry S and Pearson Richard W
Bought by
Oreszczyn Stephen A and Oreszczyn Maureen A
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
Deloach Thomas Martin -- Servicelink
Deloach Thomas Martin $143,500 Attorney
Oreszczyn Stephen A $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deloach Thomas Martin $134,000
Closed Deloach Thomas Martin $136,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2020 06/02/20 Sold $143,500 -15.1% $124 / Sq Ft
05/03/2020 05/03/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $169,000 -- $146 / 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 $2,495 $150,114 -- $150,114
2024 $2,431 $169,542 -- --
2023 $2,431 $164,604 $0 $0
2022 $2,256 $159,810 $0 $0
2021 $2,310 $155,155 $0 $155,155
2020 $2,850 $159,885 $0 $159,885
2019 $2,698 $159,885 $0 $159,885
2018 $2,377 $124,355 $0 $124,355
2017 $2,282 $124,355 $0 $124,355
2016 $2,089 $109,270 $0 $109,270
2015 $2,117 $120,400 $0 $120,400
2014 $1,660 $74,000 $0 $74,000
2013 -- $68,600 $0 $68,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joe Proia

    Proia Realty Inc

    (239) 850-9715

    14 in this area

    502 Total Sales

    Joe Proia
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219083765

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-0040C.1010

Florida Lee County Cape Coral 33914 Pelican

1112 SW 48th Terrace Unit 101, Cape Coral, FL

This home is located at 1112 SW 48th Terrace Unit 101, Cape Coral, FL 33914 since 20 December 2019 and is currently estimated at $213,118, approximately $183 per square foot. This property was built in 1986. 1112 SW 48th Terrace Unit 101 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Hancock Creek Elementary School.

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