$165,000
SOLD SEP 2, 2016

1213 SW 48th Terrace Unit A-B Cape Coral, FL 33914

Pelican Neighborhood
3 Beds
2 Baths
1,800 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$92 Per Sq Ft

3% Below List Price

Highlights

  • Fruit Trees
  • Patio
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of September 2016

This home is located at 1213 SW 48th Terrace Unit A-B, Cape Coral, FL 33914 and is currently priced at $165,000, approximately $91 per square foot. This property was built in 1977. 1213 SW 48th Terrace Unit A-B is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Hancock Creek Elementary School.

Last Agent to Sell the Property

Phil Derry

RE/MAX Realty Team License #258004233 Listed on: 09/02/2016

Last Buyer's Agent

Maggie Weaver

NextHome Advisors License #258021740

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1977

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • Rectangular Lot
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, pest control, sewer, water
  • Legal Lot and Block 19 / 4530
  • Assessor Parcel Number 15-45-23-C1-04530.0190

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,102
  • Net Operating Income $15,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,417

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 85 x 125 x 85 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy W to SW 12th PL, Go South to SW 48th Ter. Go left to Duplex on Left
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1977
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fruit Trees, Patio, Room For Pool
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • 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: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 15-45-23-C1-04530.0190
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Pest Control, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 15583.0
  • Annual Operating Expense: 4102.0

Tax Info

  • Tax Annual Amount: 2417.0
  • Tax Block: 4530
  • Tax Lot: 19
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Sep 14, 2016
Sold by
Endlein William M and Endlein Linda D
Bought by
Celleri Maria Cecilia Mora
Seller's Agent
Phil Derry
RE/MAX Realty Team
Buyer's Agent
Maggie Weaver
NextHome Advisors
List Price
$169,900
Sold Price
$165,000
Premium/Discount to List
-$4,900
-2.88%
Total Days on Market
0
Current Estimated Value
$428,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,338
Avg. Annual Appreciation
11.21%

Purchase Details

Closed on
May 2, 2006
Sold by
Endlein William M
Bought by
Endlein William M and Endlein Linda D
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 Type Sale Price Title Company
Warranty Deed $165,000 Fidelity National Title Of F
Interfamily Deed Transfer -- Executive Title Insurance Ag
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Rented -- -- --
07/01/2019 07/01/19 Under Contract -- -- --
03/29/2019 03/29/19 For Rent $1,200 0.0% --
09/02/2016 09/02/16 Sold $165,000 -2.9% $92 / Sq Ft
09/02/2016 09/02/16 For Sale $169,900 -- $94 / 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 $3,362 $166,620 -- --
2023 $3,362 $155,803 $0 $0
2022 $2,984 $142,167 $0 $0
2021 $2,555 $145,389 $40,300 $105,089
2020 $2,486 $129,186 $32,000 $97,186
2019 $2,448 $129,196 $32,000 $97,196
2018 $2,458 $130,821 $32,000 $98,821
2017 $2,323 $121,941 $38,000 $83,941
2016 $2,598 $106,348 $38,000 $68,348
2015 $2,417 $97,000 $15,200 $81,800
2014 -- $88,998 $40,400 $48,598
2013 -- $83,907 $18,600 $65,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216055605

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C1-04530.0190