NOT LISTED FOR SALE

1301 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $767,000 - $1,176,000

0.29 Acre
$3,371,114 Price per Acre
12,632 Sq Ft Lot

Last Sold January 31, 2017

Last sale price $135,000

Est. 624% increase in value since last sale

Current estimated payment $6,514/month

47 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Corner Lot

About This Lot

As of January 2017

Don't miss the opportunity to own this beautiful GULF ACCESS property to construct your dream home! *Located on INTERSECTING CANALS. *PIE-SHAPED lot with 145' of water frontage. *Approx. 25 minutes by boat and only one bridge (10.25') to the river. *OVER-SIZED lot allows for larger construction. *ALL UTILITIES IN AND ASSESSMENTS PAID. Beautiful, new construction homes popping up throughout the neighborhood. *Interested in owning the entire corner? The same owner is also selling adjacent lot for $130,000 (4019 SW 13th Ave).

Last Agent to Sell the Property

Brian Fox

Sellstate Priority Realty License #252010268 Listed on: 11/14/2016

Last Buyer's Agent

Donna Gross

Blue Sky Builders & Realty License #252000526

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,805

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 59 x 125 x 145 x 125
  • Home fronts navigable water
  • Home fronts a canal
  • Southwest Facing Home
  • Brush Vegetation
  • Corner Lot
  • Oversized Lot
  • Irregular Lot
  • Property is zoned RD-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 34 / 3350
  • Assessor Parcel Number 10-45-23-C1-03350.0340

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,805

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.29
  • Lot Size: 59 x 125 x 145 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Chiquita Blvd. to East on SW 40th Terrace to corner of SW 13th Ave.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Irregular Lot, Oversized Lot, See Remarks
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water
  • Waterfront: Yes
  • Direction Faces: Southwest

Utilities

  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 10-45-23-C1-03350.0340
  • Zoning Description: RD-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1805.0
  • Tax Block: 3350
  • Tax Lot: 34
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Jan 31, 2017
Sold by
Richter Am and Richter Isla
Bought by
Bolmer Kurt C and Bolmer Kathleen
Seller's Agent
Brian Fox
Sellstate Priority Realty
Buyer's Agent
Donna Gross
Blue Sky Builders & Realty
List Price
$145,000
Sold Price
$135,000
Premium/Discount to List
-$10,000
-6.9%
Current Estimated Value
$977,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,623
Avg. Annual Appreciation
25.89%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bolmer Kurt C $135,000 Agent Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolmer Kurt C $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $135,000 -6.9% --
01/01/2017 01/01/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $145,000 -- --
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 $14,742 $936,540 -- --
2023 $14,742 $909,262 $224,554 $418,404
2022 $2,577 $110,000 $0 $0
2021 $2,047 $100,000 $100,000 $0
2020 $2,305 $105,000 $105,000 $0
2019 $2,455 $115,500 $115,500 $0
2018 $2,403 $110,000 $110,000 $0
2017 $1,958 $114,000 $114,000 $0
2016 $1,885 $114,000 $114,000 $0
2015 $1,805 $110,000 $110,000 $0
2014 -- $129,200 $129,200 $0
2013 -- $81,300 $81,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Fox

    Seller's Agent in 2017

    Brian Fox

    Sellstate Priority Realty

    (239) 246-3991

    14 in this area

    61 Total Sales

    Brian Fox
    Section Image

  • D

    Buyer's Agent in 2017

    Donna Gross

    Blue Sky Builders & Realty

    (239) 823-3373

    21 in this area

    78 Total Sales

    Donna Gross
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216069815

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C1-03350.0340

Florida Lee County Cape Coral 33914 Pelican

1301 SW 40th Terrace, Cape Coral, FL

This home is located at 1301 SW 40th Terrace, Cape Coral, FL 33914 since 14 November 2016 and is currently estimated at $977,623. 1301 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes