1118 SW 48th Terrace Unit 103 Cape Coral, FL 33914
Pelican Neighborhood
2
Beds
2
Baths
1,313
Sq Ft
$440/mo
HOA Fee
Highlights
- Boat Ramp
- RV Access or Parking
- Traditional Architecture
- Cape Elementary School Rated A-
- Home fronts a canal
- Corner Lot
About This Home
As of May 2025Amazing turnkey condo in highly sought after development w/ deep water gulf access - Largest unit available! Just Minutes to fine dinning, shops, & entertainment at Cape Harbor! Fully furnished & comes w/ a history of seasonal rental income at $2600/month! Instant investment opportunity, past tenants would love to return! Spacious rooms, open floor plan, lots of closet space, light and bright, + large screened lanai. You'll love not having to visit a community laundry b/c this unit has it's own large laundry room inside! BRAND NEW soundproof hurricane rated windows last year $5k upgrade! HOA has meticulously maintained the complex and you can see this if you compare to others... The entire building was just painted last month! There are new covered canopys for parking & outdoor storage,new pavers throughout complex, & new outdoor lighting. The brand new community pool is amazing w/ a view you can't beat! This is what living the Florida Lifestyle is all about! Hurry, Come check it out! Master Carpet just replaced 11/2019
Last Agent to Sell the Property
Tara Walk
MVP Realty Associates LLC License #276506751 Listed on: 11/18/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,689
Year Built
- Built in 1982
Lot Details
- Home fronts a canal
- East Facing Home
- Manual Sprinklers System
HOA Fees
- $440 Monthly HOA Fees
Property Views
- Canal
- Pool
Home Design
- Traditional Architecture
- Shingle Roof
- Stucco
Interior Spaces
- 1,313 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Single Hung Windows
- Combination Dining and Living Room
Kitchen
- Microwave
- Freezer
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Attached Carport Space
- Guest Parking
- RV Access or Parking
- Assigned Parking
Outdoor Features
- Canal Access
- Screened Patio
- Outdoor Storage
- Porch
Schools
- School Choice Elementary And Middle School
- School Choice High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 103 / 300
- Assessor Parcel Number 15-45-23-C2-00300.1030
Community Details
Overview
- Association fees include management, insurance, reserve fund, sewer, street lights, trash, water
- 16 Units
- Association Phone (239) 542-4404
- Low-Rise Condominium
- Villa De Vern Condo Subdivision
Recreation
- Boat Ramp
- Boat Dock
- RV or Boat Storage in Community
- Community Pool
Security
- Impact Glass
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
May 8, 2025
Sold by
Scritchfield Mark R and Scritchfield Mary K
Bought by
Peterson Glen and Peterson Stephanie
Seller's Agent
Lisa VanderBleek
RE/MAX SUNSHINE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$290,000
Sold Price
$249,900
Premium/Discount to List
-$40,100
-13.83%
Views
23
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.99%
Original Mortgage
$224,910
Outstanding Balance
$224,910
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$45,341
Purchase Details
Listed on
Nov 18, 2019
Closed on
Sep 16, 2020
Sold by
Roehl Janice E
Bought by
Scritchfield Mark R and Scritchfield Mary K
Seller's Agent
Tara Walk
MVP Realty Associates LLC
Buyer's Agent
Lisa VanderBleek
Re/Max Sunshine
List Price
$219,900
Sold Price
$205,000
Premium/Discount to List
-$14,900
-6.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$184,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 13, 2015
Sold by
Rode Buntin Brenda Ann and Buntin Mark Milo
Bought by
Roehl Dane A and Roehl Janice E
Purchase Details
Closed on
Oct 6, 2000
Sold by
Buntin Mark M
Bought by
Buntin Brenda Ann Rode
Purchase Details
Closed on
Feb 13, 1998
Sold by
Dellavolpe Judith Ann
Bought by
Buntin Mark M and Buntin Brenda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.89%
Similar Homes in Cape Coral, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $249,900 | Fidelity National Title Of Flo | |
| Warranty Deed | $205,000 | Fidelity Natl Ttl Of Fl Inc | |
| Warranty Deed | $145,000 | Title Professionals | |
| Quit Claim Deed | $25,100 | -- | |
| Joint Tenancy Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $224,910 | New Conventional | |
| Previous Owner | $184,500 | New Conventional | |
| Previous Owner | $73,300 | Credit Line Revolving | |
| Previous Owner | $60,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | Sold | $249,900 | 0.0% | $190 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | Price Changed | $249,900 | -10.4% | $190 / Sq Ft |
| 03/12/2025 03/12/25 | Price Changed | $279,000 | -3.8% | $212 / Sq Ft |
| 02/14/2025 02/14/25 | For Sale | $290,000 | +41.5% | $221 / Sq Ft |
| 09/24/2020 09/24/20 | Sold | $205,000 | -6.8% | $156 / Sq Ft |
| 08/25/2020 08/25/20 | Pending | -- | -- | -- |
| 11/18/2019 11/18/19 | For Sale | $219,900 | -- | $167 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $2,634 | $176,563 | -- | -- |
| 2023 | $906 | $49,459 | $0 | $49,459 |
| 2022 | $2,365 | $166,428 | $0 | $0 |
| 2021 | $2,424 | $161,581 | $0 | $161,581 |
| 2020 | $3,219 | $166,345 | $0 | $166,345 |
| 2019 | $3,040 | $167,153 | $0 | $167,153 |
| 2018 | $2,689 | $130,008 | $0 | $130,008 |
| 2017 | $2,657 | $129,200 | $0 | $129,200 |
| 2016 | $2,436 | $114,248 | $0 | $114,248 |
| 2015 | $1,959 | $92,000 | $0 | $92,000 |
| 2014 | $1,752 | $78,100 | $0 | $78,100 |
| 2013 | -- | $71,600 | $0 | $71,600 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa VanderBleek
Seller's Agent in 2025
Lisa VanderBleek
RE/MAX
(239) 790-1177
56 in this area
123 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2025
Stellar Non-Member Agent
FL_MFRMLS
-
T
Seller's Agent in 2020
Tara Walk
MVP Realty Associates LLC
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 219076637
APN: 15-45-23-C2-00300.1030
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