$110,000
SOLD FEB 15, 2017

1203 SW 48th Terrace Unit 201 Cape Coral, FL 33914

Pelican Neighborhood
2 Beds
2 Baths
1,308 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • Senior Community
  • Main Floor Primary Bedroom
  • Pool View
  • Contemporary Architecture
  • Corner Lot
  • Furnished

About This Home

As of April 2021

IMPECCABLE...LIGHT, BRIGHT & AIRY...2 beds + den, huge great room & master bedroom. Kitchen has been updated including all appliances just 2 yrs ago & also a/c system. This is a beautiful furnished unit with very generous room sizes. (A FEW PERSONAL ITEMS EXCLUDED) New tile floor and screening on the lanai. The location is close to shopping and across the street from direct access gorgeous waterfront homes. THIS CONDO SHOWS EXTREMELY WELL.

Last Agent to Sell the Property

Joanne Kane

Century 21 Selling Paradise License #252000146 Listed on: 01/01/2017

Century 21 Selling Paradise

Last Buyer's Agent

Frank Ehrhardt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,335

Year Built

  • Built in 1985

Lot Details

  • South Facing Home

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Pool Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Driveway
  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Assessor Parcel Number 15-45-23-C1-0180A.2010
  • Tax Block 180A

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, trash
  • 14 Units
  • Coral Keyes Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,335

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: CORAL KEYES CONDO
  • Directions: from cape coral bridge head W on Cape Coral Pkwy, turn L (S) on SW 11th CT, R(W) on SW 48th Ter, Coral Keyes Condo on your immediate R. Corner of 48th Ter & 11th CT.
  • Architectural Style: Contemporary, Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Main Level Master, See Remarks, Shower Only, Separate Shower
  • Living Area: 1308.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Pool
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Driveway, Guest, Paved, One Space, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community
  • Senior Community: Yes
  • Amenities: Barbecue, Picnic Area, Pool, Shuffleboard Court
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Trash

Lot Info

  • Parcel #: 15-45-23-C1-0180A.2010
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 1335.0
  • Tax Block: 180A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 16, 2021
Sold by
Frabel Nancy M and Frabel Friedrich W
Bought by
Cannes Joni L and Cannes Phillip A
Seller's Agent
Frank Ehrhardt
John R. Wood Properties
Buyer's Agent
Cynthia Brown
List Price
$159,900
Sold Price
$159,900
Total Days on Market
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$114,900
Outstanding Balance
$104,934
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$127,509

Purchase Details

Listed on
Jan 1, 2017
Closed on
Feb 15, 2017
Sold by
Smith Michael and Smith Cynthia
Bought by
Frabel Nancy M and Frabel Friedrich W
Seller's Agent
Joanne Kane
Century 21 Selling Paradise
Buyer's Agent
Frank Ehrhardt
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%

Purchase Details

Listed on
Jul 13, 2014
Closed on
Feb 12, 2015
Sold by
Dwk9 Llc
Bought by
Smith Michael and Smith Cynthia
Seller's Agent
Garry Oakes
Sunset Club Realty, LLC
Buyer's Agent
Joanne Kane
List Price
$99,900
Sold Price
$85,900
Premium/Discount to List
-$14,000
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$60,130
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2013
Sold by
Hammer Elaine R
Bought by
Dwk9 Llc

Purchase Details

Closed on
Jan 16, 2004
Sold by
Guillot Thomas W and Guillot Terese E
Bought by
Hammer Elaine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
5.81%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Tetor Willard
Bought by
Hammer Terese E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,750
Interest Rate
8.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Warranty Deed $159,900 Title Professionals Of Fl
Warranty Deed $110,000 Cape Coral Title Ins Agney I
Warranty Deed $85,900 Cape Coral Title Insurance A
Trustee Deed -- None Available
Warranty Deed $85,000 --
Warranty Deed $57,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $114,900 New Conventional
Previous Owner $60,130 New Conventional
Previous Owner $72,250 No Value Available
Previous Owner $55,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 For Sale $235,500 +47.3% $180 / Sq Ft
04/16/2021 04/16/21 Sold $159,900 0.0% $122 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $159,900 +45.4% $122 / Sq Ft
02/15/2017 02/15/17 Sold $110,000 -4.3% $84 / Sq Ft
01/16/2017 01/16/17 Pending -- -- --
01/01/2017 01/01/17 For Sale $115,000 +33.9% $88 / Sq Ft
02/12/2015 02/12/15 Sold $85,900 -14.0% $61 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
07/13/2014 07/13/14 For Sale $99,900 -- $71 / 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 $3,270 $191,062 -- --
2023 $3,270 $173,693 $0 $0
2022 $2,839 $157,903 $0 $157,903
2021 $1,146 $125,913 $0 $125,913
2020 $1,137 $88,386 $0 $0
2019 $1,097 $86,399 $0 $0
2018 $1,061 $84,788 $0 $84,788
2017 $1,802 $83,980 $0 $83,980
2016 $1,663 $75,452 $0 $75,452
2015 $1,335 $57,900 $0 $57,900
2014 -- $64,700 $0 $64,700
2013 -- $60,500 $0 $60,500
Source: Public Records

Agents Affiliated with this Home

  • Frank Ehrhardt

    Seller's Agent in 2021

    Frank Ehrhardt

    John R. Wood Properties

    (773) 802-7665

    70 in this area

    162 Total Sales

    Frank Ehrhardt
    Section Image

  • C

    Buyer's Agent in 2021

    Cynthia Brown

  • Cynthia 'Cindy' Brown

    Buyer's Agent in 2021

    Cynthia 'Cindy' Brown

    Gulf Coast Living Real Estate, Inc

    (561) 927-7350

    25 in this area

    148 Total Sales

    Cynthia 'Cindy' Brown
    Section Image

  • J

    Seller's Agent in 2017

    Joanne Kane

    Century 21 Selling Paradise

    (239) 851-7708

    1 in this area

    22 Total Sales

    Joanne Kane
    Section Image

  • G

    Seller's Agent in 2015

    Garry Oakes

    Sunset Club Realty, LLC

    (330) 495-0323

    4 Total Sales

    Garry Oakes
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217000068

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C1-0180A.2010

Florida Lee County Cape Coral 33914 Pelican

1203 SW 48th Terrace Unit 201, Cape Coral, FL

This home is located at 1203 SW 48th Terrace Unit 201, Cape Coral, FL 33914 and is currently priced at $110,000, approximately $84 per square foot. This property was built in 1985. 1203 SW 48th Terrace Unit 201 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Hancock Creek 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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