NOT LISTED FOR SALE

1114 SW 48th Terrace Unit 201 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $239,000 - $257,791

2 Beds
2 Baths
1,396 Sq Ft
$350/mo HOA Fee

Last Sold May 30, 2014

Last sale price $96,000 $69 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,045/month

37 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Gulf View
  • Cape Elementary School Rated A-
  • In Ground Pool
  • Canal Access

About This Home

As of May 2014

Southern Exposure Sailboat Access - 2 bedroom, 2 bathroom Condo features a great room floor plan. The kitchen overlooks the oversized family room. There is a large master bedroom with a private bathroom. The master bedroom and family room have sliding doors to the screened lanai. The Large screened lanai has intersecting canal views! Nice building with a lovely pool. Centrally located to shopping and schools.

Last Agent to Sell the Property

Alisa Knittel

Cape Premier Realty LLC License #261534068 Listed on: 03/23/2014

Co-Listed By

Christina Porter

John R. Wood Properties License #252000471

Last Buyer's Agent

Melissa Annis

Century 21 Selling Paradise License #252012598

Century 21 Selling Paradise

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,903

Year Built

  • Built in 1986

Lot Details

  • Home fronts a seawall
  • North Facing Home

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Gulf
  • Canal

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,396 Sq Ft Home
  • 2-Story Property
  • Sliding Windows
  • Open Floorplan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 1 Attached Carport Space
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 201 / 40B
  • Assessor Parcel Number 15-45-23-C2-0040B.2010

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, trash
  • 8 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,903

Year Built

Built in 1986

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Road Surface Type: Paved
  • Co List Office Mls Id: CCAPE
  • Co List Office Phone: (239) 542-1998
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy to South onto SW 12th Pl to East onto SW 48th Ter.
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1986
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: 20

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Family/Dining Room, Living/Dining Room, Pantry, Tub Shower
  • Living Area: 1396.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Canal, Gulf
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, One Space, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community
  • Amenities: Boat Dock, Pool
  • Association Fee: 1050.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Trash

Lot Info

  • Parcel #: 15-45-23-C2-0040B.2010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1903.0
  • Tax Block: 40B
  • Tax Lot: 201
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2025
Sold by
Tatu Francis G and Tatu Maureen G
Bought by
Francis And Maureen Tatu Living Trust and Tatu
Current Estimated Value
$249,448

Purchase Details

Listed on
Mar 23, 2014
Closed on
May 30, 2014
Sold by
Fannie Mae
Bought by
Tatu Francis G and Tatu Maureen G
Seller's Agent
Alisa Knittel
Cape Premier Realty LLC
Buyer's Agent
Melissa Annis
Century 21 Selling Paradise
List Price
$109,900
Sold Price
$96,000
Premium/Discount to List
-$13,900
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Birkenwald Richard P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 15, 2003
Sold by
Leclaire Henry A and Leclaire Fatima Romana
Bought by
Birkenwald Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
5.97%

Purchase Details

Closed on
Apr 18, 1995
Sold by
Grish Rosemary and Saoud Raymond
Bought by
Leclaire Henry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
8.59%
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
Francis And Maureen Tatu Living Trust $100 None Listed On Document
Tatu Francis G $96,000 Attorney
Federal National Mortgage Association -- None Available
Birkenwald Richard P $163,000 --
Leclaire Henry A $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Birkenwald Richard P $146,700
Previous Owner Leclaire Henry A $61,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $96,000 -12.6% $69 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $109,900 -- $79 / 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 $4,640 $221,094 -- $221,094
2024 $4,640 $262,936 -- --
2023 $4,656 $239,033 $0 $0
2022 $3,985 $217,303 $0 $0
2021 $3,772 $197,548 $0 $197,548
2020 $3,874 $203,490 $0 $203,490
2019 $3,656 $204,298 $0 $204,298
2018 $3,225 $158,270 $0 $158,270
2017 $3,300 $161,500 $0 $161,500
2016 $3,040 $144,868 $0 $144,868
2015 $3,408 $159,700 $0 $159,700
2014 -- $99,500 $0 $99,500
2013 -- $94,400 $0 $94,400
Source: Public Records

Agents Affiliated with this Home

  • Alisa Knittel

    Seller's Agent in 2014

    Alisa Knittel

    Cape Premier Realty LLC

    (239) 896-4401

    27 in this area

    138 Total Sales

    Alisa Knittel
    Section Image
  • Christina Porter

    Seller Co-Listing Agent in 2014

    Christina Porter

    John R. Wood Properties

    (239) 209-6611

    36 in this area

    140 Total Sales

    Christina Porter
    Section Image
  • Melissa Annis

    Buyer's Agent in 2014

    Melissa Annis

    Century 21 Selling Paradise

    (239) 560-9659

    2 in this area

    75 Total Sales

    Melissa Annis
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214018462

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-0040B.2010

Florida Lee County Cape Coral 33914 Pelican

1114 SW 48th Terrace Unit 201, Cape Coral, FL

This home is located at 1114 SW 48th Terrace Unit 201, Cape Coral, FL 33914 since 23 March 2014 and is currently estimated at $249,448, approximately $178 per square foot. This property was built in 1986. 1114 SW 48th Terrace Unit 201 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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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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