NOT LISTED FOR SALE

1116 SW 42nd Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $392,975 - $527,000

3 Beds
2 Baths
1,787 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $285,000 $159 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,055/month

25 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • No HOA
  • Cape Elementary School Rated A-
  • Pool View
  • Shutters

About This Home

As of April 2018

Don't miss this rare investment opportunity to purchase a turnkey successful vacation rental. History of grossing over $40,000/year with bookings through 2019! This home is turnkey furnished with beautiful tropical decor and accessories. Currently it is set up to sleep 8 people comfortably. 3 bedrooms and den! Tile throughout and extra large kitchen with great room plan that over looks a gorgeous paved lanai featuring heated pool and tropical lush landscaping. Call today for your private showing!

Last Agent to Sell the Property

Calee Pasek

Royal Palm Realty of SW FL LLC License #258023113 Listed on: 02/16/2018

Co-Listed By

Salvatore DiStefano

Royal Palm Realty of SW FL LLC License #258020099

Last Buyer's Agent

Salvatore DiStefano

Royal Palm Realty of SW FL LLC License #258020099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 2004

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • North Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,787 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 3315
  • Assessor Parcel Number 10-45-23-C2-03315.0210

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,862

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 80 x 120 x 80 x 120
  • Co List Office Mls Id: FRPSW
  • Co List Office Phone: (239) 281-8111
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Head north on chiquita, turn right onto Mohawk, turn right onto SW 12TH PL, turn left onto SW 42ND TER - house will be on the right.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, French Door(s)/Atrium Door(s), Living/Dining Room, Separate Shower, Cable TV, Vaulted Ceiling(s), Split Bedrooms
  • Living Area: 1787.0
  • Stories: 1
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Landscaped, Pool
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Patio, Shutters Manual
  • Patio And Porch Features: Open, Patio, Porch, Screened
  • 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

  • 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 Unpaid
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 10-45-23-C2-03315.0210
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4862.0
  • Tax Block: 3315
  • Tax Lot: 21
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 12, 2018
Sold by
Groepl Christian
Bought by
Lichty Dean Alan and Lichty Judith Faye
Seller's Agent
Calee Pasek
Royal Palm Realty of SW FL LLC
Buyer's Agent
Salvatore DiStefano
Royal Palm Realty of SW FL LLC
List Price
$339,900
Sold Price
$285,000
Premium/Discount to List
-$54,900
-16.15%
Current Estimated Value
$452,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,244
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
May 9, 2008
Sold by
Hsbc Bank Usa Na
Bought by
Groepl Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
7.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 22, 2008
Sold by
Morejon Jorge L
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Nov 22, 2005
Sold by
Tamayo Rosario Reytor
Bought by
Morejon Jorge L and Hernandez Massiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 14, 2004
Sold by
Bailey Properties Llc
Bought by
Tamayo Rosario Reytor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2004
Sold by
Active Invest South Corp
Bought by
Bailey Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 29, 2003
Sold by
Maney Howard J and Maney Agnes A
Bought by
Active Inv S Corp
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
Lichty Dean Alan $285,000 Title Professionals Of Flori
Groepl Christian $188,000 Attorney
Hsbc Bank Usa Na -- None Available
Morejon Jorge L $350,000 Florida West Coast Title Ins
Tamayo Rosario Reytor $265,000 --
Bailey Properties Llc $219,800 --
Active Inv S Corp $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groepl Christian $110,400
Previous Owner Morejon Jorge L $280,000
Previous Owner Tamayo Rosario Reytor $212,000
Previous Owner Bailey Properties Llc $173,500
Closed Tamayo Rosario Reytor $53,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $285,000 -16.2% $159 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $339,900 -- $190 / 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
2024 $7,149 $331,031 -- --
2023 $7,149 $300,937 $0 $0
2022 $6,499 $273,579 $0 $0
2021 $5,914 $249,044 $37,000 $212,044
2020 $5,539 $226,098 $30,000 $196,098
2019 $5,288 $213,970 $30,000 $183,970
2018 $5,280 $214,004 $25,000 $189,004
2017 $5,099 $212,367 $20,000 $192,367
2016 $4,862 $198,537 $20,000 $178,537
2015 $4,555 $173,194 $15,200 $157,994
2014 $4,260 $152,606 $13,800 $138,806
2013 -- $140,005 $11,500 $128,505
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Calee Pasek

    Royal Palm Realty of SW FL LLC

    (239) 677-7236

    22 in this area

    56 Total Sales

    Calee Pasek
    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Salvatore DiStefano

    Royal Palm Realty of SW FL LLC

    (239) 281-8111

    23 in this area

    47 Total Sales

    Salvatore DiStefano
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218013523

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C2-03315.0210

Florida Lee County Cape Coral 33914 Pelican

1116 SW 42nd Terrace, Cape Coral, FL

This home is located at 1116 SW 42nd Terrace, Cape Coral, FL 33914 since 16 February 2018 and is currently estimated at $452,244, approximately $253 per square foot. This property was built in 2004. 1116 SW 42nd 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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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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