1118 SW 48th Terrace Unit 103 Cape Coral, FL 33914
Pelican Neighborhood
2
Beds
2
Baths
1,313
Sq Ft
$669/mo
HOA Fee
Highlights
- Fishing Pier
- Open Floorplan
- Main Floor Primary Bedroom
- Cape Elementary School Rated A-
- Canal View
- Walk-In Closet
About This Home
As of May 2025Your private Florida retreat awaits! This stunning, fully FURNISHED 2-bedroom, 2-bathroom condo in the highly sought-after Villa De Vern community offers deep water Gulf access and is just minutes from the vibrant dining, shopping, and entertainment at Cape Harbor. Whether you're looking for a profitable rental or a peaceful getaway, this condo is a perfect choice. The spacious, open floor plan features generously sized rooms and is flooded with natural light, creating a warm, inviting atmosphere. Step outside to your lanai and admire the boat slip just beyond, adding the perfect touch to your waterfront living experience. You’re also just steps away from community pool, offering breathtaking views – the perfect spot to unwind after a day on the water or exploring nearby attractions. New kitchen, and bathroom vanities and flooring throughout. The HOA has lovingly maintained the complex, ensuring it stands out in the community. Recent updates include freshly painted buildings, covered carport parking, outdoor storage, and upgraded lighting. This is a rare opportunity to own a slice of Florida paradise—whether as an investment property or your very own private haven. Don’t let this one slip away!
Last Agent to Sell the Property
RE/MAX SUNSHINE License #3435874 Listed on: 02/14/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,634
Year Built
- Built in 1982
Lot Details
- Property fronts a freshwater canal
- North Facing Home
HOA Fees
- $669 Monthly HOA Fees
Parking
- 1 Carport Space
Property Views
- Canal
- Pool
Home Design
- Block Foundation
- Shingle Roof
- Concrete Siding
Interior Spaces
- 1,313 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Combination Dining and Living Room
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Fishing Pier
- Access to Freshwater Canal
- First Come-First Served Dock
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 103 / 300
- Assessor Parcel Number 15-45-23-C2-00300.1030
Community Details
Overview
- Association fees include pool, insurance, maintenance structure, ground maintenance, sewer, trash, water
- American Condo Association, Phone Number (239) 542-4404
- Villa De Vern Condo Subdivision
Pet Policy
- Pets up to 35 lbs
- Pet Size Limit
- 1 Pet Allowed
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: Stellar MLS
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: Stellar MLS
MLS Number: A4640649
APN: 15-45-23-C2-00300.1030
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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