$200,000
SOLD JAN 31, 2018

1118 SW 48th Terrace Unit 104 Cape Coral, FL 33914

Pelican Neighborhood
2 Beds
2 Baths
1,200 Sq Ft
$440/mo HOA Fee

Recently Sold

$167 Per Sq Ft

7% Below List Price

56 Days on Market

Highlights

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

About This Home

As of January 2018

Amazing turnkey condo in highly sought after development w/ deep water gulf access RARE! Minutes to Cape Harbor! So many upgrades...New kitchen w/ granite & stainless steel appliances,new fan new faucet new mini appliances (toaster, coffee maker, etc), New 18x18 tile throughout.New carpet & only in 2 bedrooms. 1 of the only units w/ custom sliding windows to create another living space on patio,See pics where you can have a drink from your own bar in your own Florida Room over looking paradise & all for a lil over $200k! Fully furnished & comes with a history of seasonal rental income at $2600/month! Instant investment opportunity as current seasonal tenants coming Jan-April want to stay! Nice size rooms & condo has an open floor plan. You'll love not having to visit a community laundry b/c this unit has it's own 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... there are new covered canopys for parking & outdoor storage,new pavers in complex & pool area is getting new pavers now. Can't say enough about the beauty of this place.Come check it out!

Last Agent to Sell the Property

Tara Walk

MVP Realty Associates LLC License #276506751 Listed on: 12/05/2017

MVP Realty Associates LLC

Last Buyer's Agent

Hugh Hebert

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1982

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts gulf or ocean
  • Home fronts a canal
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $440 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Property Views

  • Bay
  • Gulf
  • Canal
  • Pool

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Canal Access
  • Courtyard
  • Deck
  • Glass Enclosed
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 104 / 300
  • Assessor Parcel Number 15-45-23-C2-00300.1040

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, irrigation water, ground maintenance, pest control, reserve fund, sewer, trash, water
  • 16 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Villa De Vern Condo Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip
  • RV or Boat Storage in Community

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,084

Year Built

Built in 1982

Lot Details

0

HOA Fees

$440 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: VILLA DE VERN CONDO
  • Directions: From Cape Coral Parkway turn only SW 11th Ct. Turn Right onto SW 48th Terrace and community will be on the left.
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Dual Sinks, Eat-in Kitchen, Living/Dining Room, See Remarks, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1200.0
  • Stories: 1
  • Window Features: Single Hung, See Remarks, Impact Glass, Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Bay, Canal, Gulf, Pool, Water
  • View: Yes
  • Waterfront Features: Canal Access, Gulf, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Courtyard, Deck, Sprinkler/Irrigation, Outdoor Shower, Patio, Shutters Manual
  • Patio And Porch Features: Deck, Glass Enclosed, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Paved, Two Spaces, See Remarks, 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: Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated, Street Lights
  • Amenities: Boat Dock, RV/Boat Storage, Boat Slip, See Remarks
  • Association #2 Fee: 440.0
  • Association #2 Fee Frequency: Monthly
  • Phone: (239)542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Irrigation Water, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, See Remarks, Trash, Water

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 15-45-23-C2-00300.1040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 2084.0
  • Tax Block: 300
  • Tax Lot: 104
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Feb 12, 2018
Sold by
Roehl Daniel E and Roehl David W
Bought by
Wollenhaup Sandra J and Wollenhaup Elmer E
Seller's Agent
Tara Walk
MVP Realty Associates LLC
Buyer's Agent
Hugh Hebert
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$243,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,593
Avg. Annual Appreciation
2.66%
Interest Rate
4.32%

Purchase Details

Closed on
Mar 16, 2001
Sold by
Jones William F and Jones Dolores J
Bought by
Roehl Gwen
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $200,000 --
Warranty Deed $95,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $248,500 -0.6% $207 / Sq Ft
03/25/2025 03/25/25 Price Changed $249,900 -10.6% $208 / Sq Ft
02/13/2025 02/13/25 Price Changed $279,500 -6.7% $233 / Sq Ft
01/11/2025 01/11/25 For Sale $299,500 +49.8% $250 / Sq Ft
01/31/2018 01/31/18 Sold $200,000 -7.0% $167 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $215,000 -- $179 / 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 $1,298 $202,075 -- $202,075
2023 $1,298 $49,459 $0 $49,459
2022 $3,204 $171,629 $0 $0
2021 $3,031 $156,026 $0 $156,026
2020 $3,223 $160,693 $0 $160,693
2019 $3,223 $161,500 $0 $161,500
2018 $2,596 $125,163 $0 $125,163
2017 $2,624 $125,163 $0 $125,163
2016 $2,084 $109,770 $0 $109,770
2015 $1,849 $86,900 $0 $86,900
2014 -- $74,300 $0 $74,300
2013 -- $69,300 $0 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217074245

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-00300.1040