NOT LISTED FOR SALE

Estimated Value: $329,092 - $451,000

4 Beds
4 Baths
1,880 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 10, 2017

Last sale price $205,000 $109 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,421/month

61 Days on Market

Highlights

  • Corner Lot
  • Tile Flooring
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Awning

About This Home

As of August 2017

Great opportunity for income. Corner lot duplex located in SE area located near major roads and shopping. Both units are tiled throughout, new appliances, granite, and irrigation system. One side has a Florida Room with an additional screened lanai. Just recently re-piped in 2015.

Last Agent to Sell the Property

Cynthia Garcia

The Landmark Group SWFL LLC License #258021232 Listed on: 05/10/2017

Last Buyer's Agent

Danielle Calamela

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 140 x 80 x 140
  • Corner Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,880 Sq Ft Home
  • Awning
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone, water
  • Legal Lot and Block 1 / 1402
  • Assessor Parcel Number 20-44-24-C3-01402.0010

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,852

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.254
  • Lot Size: 80 x 140 x 80 x 140
  • Subdivision Name: CAPE CORAL
  • Directions: Viscaya Pkwy to right on SE 23rd PL.
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile

Exterior Features

  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Awning(s)
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 20-44-24-C3-01402.0010
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Telephone, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2852.0
  • Tax Block: 1402
  • Tax Lot: 1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Aug 10, 2017
Sold by
Rental Brother Llc
Bought by
Lucas Anthony M
Seller's Agent
Cynthia Garcia
The Landmark Group SWFL LLC
Buyer's Agent
Danielle Calamela
List Price
$129,800
Sold Price
$205,000
Premium/Discount to List
$75,200
57.94%
Current Estimated Value
$383,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,523
Avg. Annual Appreciation
7.92%
Original Mortgage
$105,000
Outstanding Balance
$87,425
Interest Rate
3.88%
Mortgage Type
Commercial
Estimated Equity
$296,098

Purchase Details

Closed on
Feb 1, 2017
Sold by
Young Ronald S
Bought by
Rental Brothers Llc

Purchase Details

Closed on
Aug 26, 2015
Sold by
Stellarnet Holdings Llc
Bought by
Young Ronald S

Purchase Details

Closed on
Feb 20, 2012
Sold by
Beer Margaret E and Beer Martin W
Bought by
Stellarnet Holdings Llc
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
Lucas Anthony M $205,000 South Florida Trust & Title
Rental Brothers Llc -- South Florida Turst & Title
Young Ronald S $145,000 La Title Solutions Llc
Stellarnet Holdings Llc $88,000 Cape Coral Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucas Anthony M $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2017 08/10/17 Sold $205,000 +57.9% $109 / Sq Ft
07/11/2017 07/11/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $129,800 -- $69 / 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
2025 $4,853 $225,992 -- --
2024 $4,559 $205,447 -- --
2023 $4,559 $186,770 $0 $0
2022 $4,048 $169,791 $0 $0
2021 $3,605 $154,355 $40,000 $114,355
2020 $3,431 $140,503 $31,750 $108,753
2019 $3,256 $133,240 $25,000 $108,240
2018 $3,325 $134,860 $25,000 $109,860
2017 $3,175 $134,852 $18,000 $116,852
2016 $2,852 $110,786 $18,000 $92,786
2015 $2,482 $93,906 $16,000 $77,906
2014 $2,430 $88,798 $11,280 $77,518
2013 -- $75,706 $11,400 $64,306
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217032949

Florida Gulf Coast Multiple Listing Service

APN: 20-44-24-C3-01402.0010