SOLD APR 16, 2021
RENTED SEP 6, 2025
1203 SW 48th Terrace Unit 201 Cape Coral, FL 33914
Pelican Neighborhood
2
Beds
2
Baths
1,308
Sq Ft
$350/mo
HOA Fee
Highlights
- Senior Community
- Furnished
- Porch
- Pool View
- Community Pool
- Screened Patio
About This Home
As of April 2021Spacious 2/2+ den end unit condo in a great SW Cape Coral neighborhood being sold turnkey! Enjoy over 1300 square feet in this 55+ community with 1 assigned carport spot. Sitting across from Gulf access properties, a great location for your morning or afternoon walks - and minutes to shopping, restaurants, marinas, and downtown Cape Coral! The kitchen opens to the living room and has seating at the breakfast bar. The oversized living room accesses the screened lanai which overlooks the courtyard and refreshing community pool. The master bedroom has two closets, one walk-in and the bathroom has been updated. The guest room is light and bright and has plenty of room and the den could be an office, dining room, or 3rd bedroom! HVAC is less than 2 years old. Well maintained complex with low HOA fees. Hurry, this one will not last long! Schedule your appointment to see now!
Last Agent to Sell the Property
John R. Wood Properties License #252012963 Listed on: 03/05/2021
Last Buyer's Agent
Cynthia Brown
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,137
Year Built
- Built in 1985
Lot Details
- South Facing Home
- Sprinkler System
HOA Fees
- $350 Monthly HOA Fees
Home Design
- Shingle Roof
- Stucco
Interior Spaces
- 1,308 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Single Hung Windows
- Open Floorplan
- Pool Views
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Parking
- 1 Detached Carport Space
- Guest Parking
- Assigned Parking
Outdoor Features
- Courtyard
- Screened Patio
- Porch
Schools
- School Choice Elementary And Middle School
- School Choice High School
Utilities
- Central Heating and Cooling System
- Sewer Assessments
Listing and Financial Details
- Legal Lot and Block 201 / 180A
- Assessor Parcel Number 15-45-23-C1-0180A.2010
Community Details
Overview
- Senior Community
- Association fees include management, insurance, legal/accounting, pest control, recreation facilities, reserve fund, trash
- 14 Units
- Association Phone (239) 540-6480
- Coral Keyes Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Pool
Pet Policy
- Call for details about the types of pets allowed
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
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,812
Avg. Annual Appreciation
8.39%
Original Mortgage
$114,900
Outstanding Balance
$104,269
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$123,443
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
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 | $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 |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Rented | -- | -- | -- |
| 08/08/2025 08/08/25 | For Rent | $1,300 | 0.0% | -- |
| 07/25/2025 07/25/25 | Price Changed | $229,000 | -2.1% | $175 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $234,000 | -0.6% | $179 / Sq Ft |
| 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
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
-
Cynthia 'Cindy' Brown
Seller's Agent in 2025
Cynthia 'Cindy' Brown
Gulf Coast Living Real Estate, Inc
(561) 927-7350
22 in this area
144 Total Sales
-
Frank Ehrhardt
Seller's Agent in 2021
Frank Ehrhardt
John R. Wood Properties
(773) 802-7665
67 in this area
164 Total Sales
-
C
Buyer's Agent in 2021
Cynthia Brown
-
Joanne Kane
J
Seller's Agent in 2017
Joanne Kane
Century 21 Selling Paradise
(239) 851-7708
1 in this area
22 Total Sales
-
Garry Oakes
G
Seller's Agent in 2015
Garry Oakes
Sunset Club Realty, LLC
(330) 495-0323
4 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 221017061
APN: 15-45-23-C1-0180A.2010
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