NOT LISTED FOR SALE

1123 SW 48th Terrace Unit 105 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $133,000 - $232,000

2 Beds
2.5 Baths
908 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $220,000 $242 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,622/month

17 Days on Market

Highlights

  • Community Pool
  • Laundry closet
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of June 2022

Gorgeous Townhome located in the heart of Cape Coral active neighborhood within close proximity to the Westin Cape Coral Resort and a huge variety of water view restaurants and shopping areas. HVAC replaced in January 2022. This property offers 2bed/2.5bths upstairs and downstairs you can find a very modern full equipped kitchen with SS appliances and granite counters, inside laundry with washer and dryer included, living-dining areas with your private patio and immediate access to the community pool. Covered parking and separate storage area is included. Water and Sewer are included in your monthly HOA fees. Give us a call to schedule your VIP tour

Last Agent to Sell the Property

Diana Rawlings Bever

RAWLINGS REALTY, INC License #647829 Listed on: 04/21/2022

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1981

Lot Details

  • 2,997 Sq Ft Lot
  • West Facing Home
  • Land Lease expires 7/31/22

HOA Fees

  • $444 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • 908 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, ground maintenance, sewer, water
  • Susan Kase / American Condominium Mgmt, Inc. Association, Phone Number (239) 542-4404
  • Coral Bayview Condo 01 Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,394

Year Built

Built in 1981

Lot Details

0

HOA Fees

$444 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Grounds, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 908
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 908
  • Lot Size Sq Ft: 2997
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4532174?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4532174?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97821
  • Price per Sq Ft: 242.29
  • Close to Original List Price Ratio: 0.97821
  • Ratio: Current Price\Building Area Total: 242.29
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Upstairs
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Spa Yn: No
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Storage
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 444
  • Association Fee Frequency: Monthly
  • Association Name: Susan Kase / American Condominium Mgmt, Inc.
  • Phone: 239-542-4404
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Management: Full Time
  • Association Email: applications@amcondo.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5328
  • Monthly HOA Fee: 444
  • Total Monthly Fees: 444

Lot Info

  • Zoning: N/A
  • Parcel Number: 15-45-23-C2-00200.1050
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Land Lease Expiration Date: 2022-07-31

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 3 Months
  • Approval Process: Please call Elvia Arana 239-560-7435 for application documentation.
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1450
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: You can also email elvia.arana@yahoo.com for condo dox and rules and regulations.

Tax Info

  • Tax Annual Amount: 1394.03
  • Tax Block: 200
  • Tax Book Number: 1402
  • Tax Lot: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 3, 2022
Sold by
Mikyong Lee
Bought by
Sroka Catherine
Seller's Agent
Diana Rawlings Bever
RAWLINGS REALTY, INC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Current Estimated Value
$179,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,381
Avg. Annual Appreciation
-5.89%

Purchase Details

Listed on
Jan 11, 2020
Closed on
Jan 9, 2020
Sold by
Espinosa John R Martinez
Bought by
Lee Mikyong
Seller's Agent
Elvia Arana
Rawlings Realty, Inc
Buyer's Agent
Lisa Petruska

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.51%

Purchase Details

Closed on
Aug 1, 2018
Sold by
Espinosa Carmenza
Bought by
Espinosa John R Mortinez

Purchase Details

Closed on
Jul 25, 2017
Sold by
Iso Eszter Ernone
Bought by
Espinosa Carmenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.91%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2015
Sold by
Carrow Katalin
Bought by
Iso Eszter Ernone

Purchase Details

Listed on
May 1, 2015
Closed on
May 29, 2015
Sold by
Larussa Biagio and Larussa Johanna
Bought by
Carrow Katalin
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Frank Golab
JCB Realty Inc
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%

Purchase Details

Closed on
Aug 11, 1993
Sold by
Alesi Cosmo T and Alesi Joseph T
Bought by
Larussa Biagio and Larussa Johanna
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sroka Catherine $220,000 Landsel Title
Lee Mikyong $120,500 Title Professionals Of Fl
Espinosa John R Mortinez -- Attorney
Espinosa Carmenza $65,000 Title Professionals Of Flori
Iso Eszter Ernone -- Attorney
Carrow Katalin $59,900 Title Professionals Of Fl
Larussa Biagio $39,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espinosa Carmenza $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $220,000 0.0% $242 / Sq Ft
06/03/2022 06/03/22 Sold $220,000 -2.2% $242 / Sq Ft View Prior Sale
05/09/2022 05/09/22 Pending -- -- --
05/04/2022 05/04/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $224,900 0.0% $248 / Sq Ft
01/05/2022 01/05/22 For Sale $225,000 0.0% $248 / Sq Ft
06/28/2021 06/28/21 For Rent -- -- --
06/28/2021 06/28/21 Rented -- -- --
06/30/2020 06/30/20 Rented -- -- --
05/31/2020 05/31/20 Under Contract -- -- --
04/03/2020 04/03/20 For Rent $1,300 0.0% --
01/11/2020 01/11/20 For Rent $1,300 -98.9% --
01/11/2020 01/11/20 Rented -- -- --
01/09/2020 01/09/20 Sold $120,500 -13.3% $133 / Sq Ft View Prior Sale
01/09/2020 01/09/20 Pending -- -- --
07/26/2019 07/26/19 For Sale $139,000 +132.1% $153 / Sq Ft
05/01/2015 05/01/15 Sold $59,900 0.0% $66 / Sq Ft View Prior Sale
05/01/2015 05/01/15 For Sale $59,900 -- $66 / Sq Ft
Source: Stellar MLS

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 $2,826 $115,092 -- $115,092
2024 $2,685 $150,865 -- $150,865
2023 $2,685 $140,878 $0 $140,878
2022 $1,717 $69,832 $0 $0
2021 $1,394 $63,484 $0 $63,484
2020 $1,313 $57,333 $0 $57,333
2019 $1,292 $58,140 $0 $58,140
2018 $1,307 $58,140 $0 $58,140
2017 $435 $54,910 $0 $54,910
2016 $1,104 $47,148 $0 $47,148
2015 $879 $35,400 $0 $35,400
2014 -- $44,200 $0 $44,200
2013 -- $36,200 $0 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4532174

Stellar MLS

APN: 15-45-23-C2-00200.1050