NOT LISTED FOR SALE

Estimated Value: $187,000 - $208,294

2 Beds
2 Baths
1,213 Sq Ft
$375/mo HOA Fee

Last Sold July 31, 2019

Last sale price $162,500 $134 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,496/month

17 Days on Market

Highlights

  • Concrete Pool
  • Waterfront
  • Canal View
  • Active Adult
  • Canal Access
  • Vaulted Ceiling

About This Home

As of July 2019

SECOND FLOOR END UNIT DIRECT GULF ACCESS CONDO. Walls newly painted in a neutral color. Tile and hardwood floors throughout. Spacious living room area with 2 bedroom 2 bath and inside laundry. Extended brand new kitchen with granite countertops and all new stainless steel appliances. Watch the beautiful sunsets from the heated pool or screened in lanai. Boat docks available. Downtown Cape Coral is just a short walking distance to dining, entertainment, shopping and the Cape farmers market. Malaga Terrace is a well maintained 55+ community. Come see this unit today!!

Last Agent to Sell the Property

Nick Schroeder

Vesteva Real Estate License #258025026 Listed on: 06/13/2019

Last Buyer's Agent

Kevin Francis

Premiere Plus Realty Company License #258026714

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1977

Lot Details

  • Waterfront
  • North Facing Home

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Attached Carport Space

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Shutters
  • Single Hung Windows
  • Canal Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 4 / 350C
  • Assessor Parcel Number 07-45-24-C3-0350C.0040

Community Details

Overview

  • Active Adult
  • 20 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Malaga Terrace Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,466

Year Built

Built in 1977

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: MALAGA TERRACE CONDO
  • Architectural Style: Other, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Interior Amenities: Pantry, See Remarks, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1213.0
  • Stories: 2
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Concrete, In Ground, Community
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Outdoor Shower, Shutters Manual
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Security: Smoke Detector(s)
  • 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: Condo Hotel Community
  • Senior Community: Yes
  • Amenities: Barbecue, Picnic Area, Pool
  • Association Fee: 375.0
  • Association Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 07-45-24-C3-0350C.0040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 1466.0
  • Tax Block: 350C
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Schubert Robert M and Schubert Joyce L
Bought by
Schubert Robert M and Schubert Joyce L
Current Estimated Value
$200,074

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 31, 2019
Sold by
Frederick Lisa
Bought by
Schubert Robert M and Schubert Joyce L
Seller's Agent
Nick Schroeder
Vesteva Real Estate
Buyer's Agent
Kevin Francis
Premiere Plus Realty Company
List Price
$169,900
Sold Price
$162,500
Premium/Discount to List
-$7,400
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%

Purchase Details

Closed on
Jun 7, 2018
Sold by
Venditti Joseph and Markee Andrea
Bought by
Frederick Lisa

Purchase Details

Closed on
Jan 2, 2013
Sold by
Venditti Augustine
Bought by
Venditti Augustine and Venditti Joseph

Purchase Details

Closed on
Apr 5, 2000
Sold by
Glass Catherine G
Bought by
Venditti Augustine and Venditti Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.34%
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
Schubert Robert M -- Accommodation
Schubert Robert M $162,500 Sandcastle Title Svcs Llc
Frederick Lisa -- Attorney
Venditti Augustine -- Attorney
Venditti Augustine $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Venditti Augustine $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $162,500 -4.4% $134 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $169,900 -- $140 / 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 $760 $72,003 -- --
2024 $695 $69,974 -- --
2023 $695 $67,936 $0 $0
2022 $579 $65,957 $0 $0
2021 $535 $115,605 $0 $115,605
2020 $518 $63,152 $0 $0
2019 $1,430 $105,783 $0 $105,783
2018 $1,466 $106,590 $0 $106,590
2017 $815 $65,894 $0 $0
2016 $808 $103,577 $0 $103,577
2015 $801 $88,300 $0 $88,300
2014 -- $79,000 $0 $79,000
2013 -- $67,600 $0 $67,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219042131

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C3-0350C.0040