NOT LISTED FOR SALE

Estimated Value: $183,341 - $259,000

0.23 Acre
$921,022 Price per Acre
10,019 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $200,000

Est. 6% increase in value since last sale

Current estimated payment $1,419/month

251 Days on Market

Highlights

  • Home fronts navigable water
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View
  • Brush Vegetation

About This Lot

As of October 2022

Here is a Tremendous Opportunity to get a Western Rear Exposure property! This Gulf-access Lot is nestled in a quiet neighborhood but also one of the fastest growing sections of NW Cape Coral! This future Dream Home Site sits majestically atop the 125' wide Optimist Canal and offers you easy boating and fishing opportunities. You will also enjoy Florida's finest sunsets over your canal, as you view it from you future pool home! New homes are being built all around the area as the city utilities will be coming through to upgrade services. In addition, the progress clearly continues along Burnt Store Road as it will soon be finished and become one the most important linkages in this City. This land offers growth, convenience and beauty all in one spot. Bring your builder today!

Last Agent to Sell the Property

Henry Albrecht

Gulf Gateway Realty, Inc. License #252000089 Listed on: 01/19/2022

Last Buyer's Agent

Terry Van Eman

Berkshire Hathaway Florida License #258021228

Berkshire Hathaway Florida

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,260

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Home fronts navigable water
  • East Facing Home
  • Brush Vegetation
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 4260
  • Assessor Parcel Number 06-44-23-C1-04260.0010

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,260

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Burnt Store Road to west on Yucatan Pkwy. to right on NW 37th Place. Lot is on your left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Cleared, Rectangular Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 06-44-23-C1-04260.0010
  • Zoning Description: R1-W

Tax Info

  • Tax Annual Amount: 1260.0
  • Tax Block: 4260
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Sep 26, 2022
Sold by
Barry Scott
Bought by
Lole Petero and Geitner-Lole Martina Sabine
Seller's Agent
Henry Albrecht
Gulf Gateway Realty, Inc.
Buyer's Agent
Terry Van Eman
Berkshire Hathaway Florida
List Price
$219,000
Sold Price
$200,000
Premium/Discount to List
-$19,000
-8.68%
Current Estimated Value
$211,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,835
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Nov 18, 2002
Sold by
Miller Teresa Hykes
Bought by
Miller Teresa Hykes and Mroczkowski Ann

Purchase Details

Closed on
Feb 8, 2002
Sold by
Fraticelli Michael and Fraticelli Jana
Bought by
Miller Teresa Hykes

Purchase Details

Closed on
Oct 5, 2001
Sold by
Tanis Leonard
Bought by
Fraticelli Michael and Fraticelli Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Lole Petero $200,000 --
Miller Teresa Hykes -- --
Miller Teresa Hykes $43,000 --
Fraticelli Michael $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fraticelli Michael $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2024 11/10/24 Off Market $200,000 -- --
10/07/2022 10/07/22 Sold $200,000 -8.7% --
09/28/2022 09/28/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $219,000 -- --
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 $3,540 $169,589 $169,589 --
2023 $3,540 $188,638 $188,638 $0
2022 $1,592 $61,600 $0 $0
2021 $1,321 $56,000 $56,000 $0
2020 $1,260 $52,000 $52,000 $0
2019 $1,201 $55,000 $55,000 $0
2018 $1,168 $55,000 $55,000 $0
2017 $1,116 $55,000 $55,000 $0
2016 $1,067 $55,000 $55,000 $0
2015 $1,006 $52,000 $52,000 $0
2014 $854 $40,000 $40,000 $0
2013 -- $31,500 $31,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222004407

Florida Gulf Coast Multiple Listing Service

APN: 06-44-23-C1-04260.0010