NOT LISTED FOR SALE

1302 SE 40th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $331,858 - $412,000

3 Beds
2.5 Baths
1,702 Sq Ft
$219/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $415,000 $244 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,408/month

Highlights

  • In Ground Pool
  • City View
  • Corner Lot
  • Cape Elementary School Rated A-
  • Attic
  • 3-minute walk to Veterans Park

About This Home

As of July 2022

Here we have a freshly updated pool home sitting on a large corner lot in one of the most central parts of cape coral. This home offers large rooms and plenty of open spaces perfect for a large family or a vacation home. Bright colors and well-lit rooms will welcome you as you walk inside. The whole interior and exterior had major rehaul, including a pool remodel. New soffit installed for the entire house, new tile showers, new luxury vinyl flooring, and fresh paint inside and outside. This home has recently had the roof replaced and the ac unit; this is truly a move-in-ready home with city water and sewer close to all the shopping, dining, and entertainment nearby Cape Coral Parkway. Plenty of options within a bike or walking distance. This home is truly an exceptional find. Do not miss your opportunity to view this home!

Last Agent to Sell the Property

Juan Aguinaga

Marzucco Real Estate License #258025111 Listed on: 06/25/2022

Marzucco Real Estate

Co-Listed By

Jacob Stoutenburgh Pa

Royal Shell Real Estate, Inc. License #497500434

Last Buyer's Agent

Juan Aguinaga

Marzucco Real Estate License #258025111 Listed on: 06/25/2022

Marzucco Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,081

Year Built

  • Built in 1968

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 88 x 125 x 88 x 125
  • North Facing Home
  • Corner Lot
  • Property is zoned R3-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,702 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Jalousie or louvered window
  • Shutters
  • Open Floorplan
  • City Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 313
  • Assessor Parcel Number 07-45-24-C2-00313.0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,081

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.241
  • Lot Size: 88 x 125 x 88 x 125
  • Road Surface Type: Paved
  • Co List Office Mls Id: FPRP2
  • Co List Office Phone: 239-206-2777
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1968
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Dishwasher, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Vinyl
  • Interior Amenities: Attic, Breakfast Bar, Built-in Features, Bedroom on Main Level, Family/Dining Room, Living/Dining Room, Main Level Master, Pull Down Attic Stairs, Shower Only, Separate Shower, Split Bedrooms
  • Living Area: 1702.0
  • Stories: 1
  • Window Features: Jalousie, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Shutters Manual
  • Patio And Porch Features: Balcony, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage
  • Security: None
  • Cooling: Central Air, 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
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 07-45-24-C2-00313.0010
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3081.15
  • Tax Block: 313
  • Tax Lot: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 8, 2022
Sold by
Patrick Anderson
Bought by
Betpat Properties
Seller's Agent
Juan Aguinaga
Marzucco Real Estate
Buyer's Agent
Juan Aguinaga
Marzucco Real Estate
List Price
$474,900
Sold Price
$415,000
Premium/Discount to List
-$59,900
-12.61%
Current Estimated Value
$372,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,035
Avg. Annual Appreciation
-3.22%

Purchase Details

Listed on
Jun 25, 2022
Closed on
Jul 20, 2022
Sold by
Marwan Touma
Bought by
Anderson Patrick
Seller's Agent
Juan Aguinaga
Marzucco Real Estate
Buyer's Agent
Juan Aguinaga
Marzucco Real Estate
List Price
$474,900
Sold Price
$415,000
Premium/Discount to List
-$59,900
-12.61%

Purchase Details

Listed on
Jun 6, 2016
Closed on
Oct 20, 2016
Sold by
Victory Property Llc
Bought by
Hager Roy and Hager Donna
Seller's Agent
Jeff Tumbarello
Steelbridge Realty LLC
Buyer's Agent
Charlene Trudel
Legacy Premier Realty LLC
List Price
$224,900
Sold Price
$206,000
Premium/Discount to List
-$18,900
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$202,268
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 2, 2015
Closed on
Jul 27, 2015
Sold by
The Bank Of New York Mellon
Bought by
Victory Property Llc
Seller's Agent
Nancy Mccrum
EXP Realty LLC
Buyer's Agent
Andrea Palmer
List Price
$141,900
Sold Price
$138,000
Premium/Discount to List
-$3,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.77%
Original Mortgage
$124,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 2, 2015
Closed on
Jun 26, 2015
Sold by
Sharkey Jeffrey P
Bought by
The Bank Of New York Mellon and The Bankof New York
Seller's Agent
Nancy Mccrum
EXP Realty LLC
Buyer's Agent
Andrea Palmer
List Price
$141,900
Sold Price
$138,000
Premium/Discount to List
-$3,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2002
Sold by
Sharkey Jeffrey P and Sharkey Rose M
Bought by
Sharkey Jeffrey P and Sharkey Carrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.92%

Purchase Details

Closed on
Oct 28, 1994
Sold by
Feldmeth Claire R and Feldmeth Richard C
Bought by
Sharkey Eugene M and Sharkey Rose Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
8.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Betpat Properties -- None Listed On Document
Anderson Patrick $412,500 Stewart Title
Hager Roy $206,000 Americas Title Corp
Victory Property Llc $138,000 Avenue 365 Lender Services L
The Bank Of New York Mellon $118,400 None Available
Sharkey Jeffrey P $35,700 --
Sharkey Eugene M $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hager Roy $202,268
Previous Owner Victory Property Llc $124,000
Previous Owner Sharkey Jeffrey P $90,000
Previous Owner Sharkey Eugene M $77,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2022 07/26/22 Sold $415,000 -12.6% $244 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/25/2022 06/25/22 For Sale $474,900 +130.5% $279 / Sq Ft
10/24/2016 10/24/16 Sold $206,000 -8.4% $121 / Sq Ft View Prior Sale
09/24/2016 09/24/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $224,900 +63.0% $132 / Sq Ft
07/02/2015 07/02/15 Sold $138,000 -2.7% $81 / Sq Ft View Prior Sale
07/02/2015 07/02/15 For Sale $141,900 -- $83 / 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 $5,459 $322,746 -- --
2024 $6,946 $293,405 $62,521 $195,712
2023 $6,946 $388,057 $69,626 $289,208
2022 $3,039 $190,782 $0 $0
2021 $3,081 $220,184 $42,000 $178,184
2020 $3,124 $182,668 $0 $0
2019 $3,023 $178,561 $0 $0
2018 $3,010 $175,232 $40,000 $135,232
2017 $3,083 $177,652 $20,000 $157,652
2016 $3,397 $152,806 $20,000 $132,806
2015 $1,190 $133,501 $15,300 $118,201
2014 $1,127 $126,207 $13,700 $112,507
2013 -- $110,698 $9,800 $100,898
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Juan Aguinaga

    Marzucco Real Estate

    (239) 677-8025

    1 in this area

    32 Total Sales

    Juan Aguinaga
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jacob Stoutenburgh Pa

    Royal Shell Real Estate, Inc.

    (239) 745-5333

    34 in this area

    183 Total Sales

    Jacob Stoutenburgh Pa
    Section Image
  • Jeff Tumbarello

    Seller's Agent in 2016

    Jeff Tumbarello

    Steelbridge Realty LLC

    (239) 671-8248

    219 Total Sales

    Jeff Tumbarello
    Section Image

  • C

    Buyer's Agent in 2016

    Charlene Trudel

    Legacy Premier Realty LLC

  • N

    Seller's Agent in 2015

    Nancy Mccrum

    EXP Realty LLC

    (239) 340-9129

    7 in this area

    42 Total Sales

    Nancy Mccrum
    Section Image

  • A

    Buyer's Agent in 2015

    Andrea Palmer

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222048970

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C2-00313.0010

Florida Lee County Cape Coral 33904 Caloosahatchee

1302 SE 40th Terrace, Cape Coral, FL

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