1311 SW 40th Terrace Cape Coral, FL 33914
Pelican Neighborhood
4
Beds
2
Baths
2,342
Sq Ft
10,010
Sq Ft Lot
Highlights
- Boat Dock
- Home fronts a seawall
- Canal Access
- Cape Elementary School Rated A-
- Heated Infinity Pool
- Canal View
About This Home
As of May 2022Looking for the perfect getaway? Need/Want a vacation home? Here in this desirable SW Cape area, that is close to Cape Harbour with easy access to shopping, dining and entertainment. Take a look at this 4 bedroom 2 bath pool home with over 2300sqft of fabulous living space. This home features a large open kitchen with stunning new granite & new stainless appliance package, great for entertaining. The master bedroom is oversized and has access to the pool area. The master bath features his and hers closets, a cultured marble Jacuzzi tub and separate shower with dual marble sinks. Enjoy cool nights by the gas fireplace in your family room. Take a dip in your vanishing edge salt water pool/spa with pebble tech finish and solar and electric heating. This pool also features a Aqua Link Control system. Don't miss a beautiful day on the water! This home is gulf access through Lake Finisteer with one bridge at an average 10.25ft clearance. There are many alternate routes to the river if you want a day to cruise the canals and lakes. Park your boat along the seawall length dock or the 20,000lb boat lift. Don't miss your opportunity to own this piece of paradise! Assessments pd.
Last Agent to Sell the Property
RE/MAX Trend License #258018478 Listed on: 11/13/2015
Last Buyer's Agent
Gary King
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,762
Year Built
- Built in 2004
Lot Details
- 10,010 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- Home fronts a seawall
- South Facing Home
- Rectangular Lot
- Property is zoned RD-W
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Florida Architecture
- Tile Roof
- Stucco
Interior Spaces
- 2,342 Sq Ft Home
- 1-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Shutters
- Single Hung Windows
- French Doors
- Formal Dining Room
- Canal Views
- Home Security System
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Bathtub
- Separate Shower
Laundry
- Laundry Tub
- Washer and Dryer Hookup
Pool
- Heated Infinity Pool
- Concrete Pool
- Heated Spa
- In Ground Spa
- Saltwater Pool
- Gunite Spa
- Screen Enclosure
- Pool Equipment or Cover
Outdoor Features
- Canal Access
- Screened Patio
- Porch
Utilities
- Central Heating and Cooling System
- Sewer Assessments
Listing and Financial Details
- Legal Lot and Block 28 / 3350
- Assessor Parcel Number 10-45-23-C1-03350.0280
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 14, 2025
Sold by
Arigno John Sebastian
Bought by
Arigno John Sebastian and Arigno John Robert
Current Estimated Value
Purchase Details
Listed on
Jul 21, 2016
Closed on
Jul 1, 2016
Sold by
Schaeffer Allan and Schaeffer Allan P
Bought by
Ralaph Christopher and Ralaph Lisa
Seller's Agent
Gary King
Records Results! Inc
Buyer's Agent
Gary King
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$300,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 3, 2002
Sold by
Weber Richard and Weber Shirley
Bought by
Schaeffer Allan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.07%
Purchase Details
Closed on
Mar 30, 2001
Sold by
Muller Muller Gaby Gaby and Muller Keiner Gaby
Bought by
Weber Richard and Weber Shirley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,920
Interest Rate
7.01%
Similar Homes in Cape Coral, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $100 | None Listed On Document | |
| Warranty Deed | $375,000 | Realty Title Solutions Llp | |
| Warranty Deed | $90,000 | -- | |
| Warranty Deed | $28,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $260,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $125,000 | Credit Line Revolving | |
| Previous Owner | $45,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | No Value Available | |
| Previous Owner | $24,920 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2022 05/06/22 | Sold | $800,000 | -7.0% | $342 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 02/08/2022 02/08/22 | For Sale | $859,900 | 0.0% | $367 / Sq Ft |
| 12/22/2020 12/22/20 | For Rent | -- | -- | -- |
| 12/22/2020 12/22/20 | Rented | -- | -- | -- |
| 03/31/2020 03/31/20 | For Rent | $2,700 | 0.0% | -- |
| 03/31/2020 03/31/20 | Rented | -- | -- | -- |
| 11/21/2018 11/21/18 | Rented | -- | -- | -- |
| 10/22/2018 10/22/18 | Under Contract | -- | -- | -- |
| 09/24/2018 09/24/18 | For Rent | $2,700 | +8.0% | -- |
| 07/21/2016 07/21/16 | For Rent | $2,500 | -99.3% | -- |
| 07/21/2016 07/21/16 | Rented | -- | -- | -- |
| 07/01/2016 07/01/16 | Sold | $375,000 | -12.8% | $160 / Sq Ft |
| 06/01/2016 06/01/16 | Pending | -- | -- | -- |
| 11/13/2015 11/13/15 | For Sale | $429,900 | -- | $184 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $9,934 | $618,356 | -- | -- |
| 2023 | $9,729 | $600,346 | $0 | $0 |
| 2022 | $9,613 | $510,701 | $0 | $0 |
| 2021 | $8,318 | $442,722 | $111,097 | $331,625 |
| 2020 | $7,898 | $402,135 | $85,000 | $317,135 |
| 2019 | $7,485 | $381,134 | $105,000 | $276,134 |
| 2018 | $7,592 | $384,351 | $100,000 | $284,351 |
| 2017 | $7,032 | $340,772 | $104,000 | $236,772 |
| 2016 | $7,046 | $338,865 | $114,834 | $224,031 |
| 2015 | $6,762 | $316,398 | $107,016 | $209,382 |
| 2014 | $7,149 | $332,718 | $94,122 | $238,596 |
| 2013 | -- | $294,911 | $81,536 | $213,375 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Gary King
Records Results! Inc
(239) 989-2288
2 in this area
3 Total Sales
-
M
Buyer's Agent in 2018
Michelle Linenko
Priceless Realty, Inc.
(239) 223-8505
4 in this area
65 Total Sales
-
Seller's Agent in 2016
Gatlin Treuheit
RE/MAX
(239) 246-4529
2 in this area
57 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 215054993
APN: 10-45-23-C1-03350.0280
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