NOT LISTED FOR SALE

Estimated Value: $209,359 - $251,000

2 Beds
2 Baths
1,213 Sq Ft
5,663 Sq Ft Lot

Last Sold October 30, 2014

Last sale price $119,000 $98 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,478/month

180 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of October 2014

Here's your key to paradise! Just turn the key and settle right in! This lovely unit is fully furnished and ready for you to relax and enjoy the Florida lifestyle! Nestled in the heart of Cape Coral, with easy access to great shopping, restaurants, entertainment, shopping and more, this fantastic 2 bedroom, 2 bath unit has it all! Beautiful view of the community pool, or the relaxing canal from your enclosed balcony. You can access the balcony from the master bedroom or the living room. Cozy kitchen is fully applianced and has plenty of cabinet space. This quiet 55+ community is just the right place for you to relax and enjoy all that Cape Coral has to offer! Beautiful outside relaxing as well with community pool and outside cooking area. Spacious boat dock area is offered on first-come/first-served basis. Just one quick bridge with 9' clearance and you're out! You won't find a better deal to start living your Florida dream!

Last Agent to Sell the Property

Susan Collins

Rossman Realty Group Inc License #252010660 Listed on: 04/02/2014

Last Buyer's Agent

Marsha Mattei

Alliance Realty Group License #258017241

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 1977

Lot Details

  • Waterfront
  • South Facing Home
  • Fruit Trees

Home Design

  • Entry on the 2nd floor
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Shutters
  • Single Hung Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Canal Access
  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 7 / 350B
  • Assessor Parcel Number 07-45-24-C3-0350B.0070

Community Details

Overview

  • No Home Owners Association
  • Association fees include ground maintenance, pest control, water
  • 20 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Malaga Terrace Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Boat Dock
  • 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

$1,397

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: MALAGA TERRACE CONDO
  • Directions: From DelPrado Blvd., turn west onto SE 46th Street. Property is on left. #1316, Unit is B-7, 2nd floor unit.
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Split Bedrooms
  • Living Area: 1213.0
  • Stories: 2
  • Window Features: Single Hung, Shutters, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fruit Trees, Storage
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, One Space, Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community
  • Amenities: Boat Dock, Barbecue, Picnic Area, Pool
  • Phone: 239-542-4404
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control, Water

Lot Info

  • Parcel #: 07-45-24-C3-0350B.0070
  • Zoning Description: condominium/04
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 1397.0
  • Tax Block: 350B
  • Tax Lot: 7
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2014
Closed on
Oct 29, 2014
Sold by
Kline Marcia and Kline Gary F
Bought by
Hinshaw Michael K
Seller's Agent
Susan Collins
Rossman Realty Group Inc
Buyer's Agent
Marsha Mattei
Alliance Realty Group
List Price
$129,900
Sold Price
$119,000
Premium/Discount to List
-$10,900
-8.39%
Current Estimated Value
$229,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,090
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Oct 9, 2007
Sold by
Kline Gary F and Kline Marcia
Bought by
Kline Gary F and Kline Marcia

Purchase Details

Closed on
Mar 28, 2003
Sold by
Collier Pearl M
Bought by
Kline Gary F and Kline Marcia

Purchase Details

Closed on
Apr 5, 2000
Sold by
Collier James M
Bought by
Collier Pearl M

Purchase Details

Closed on
Nov 24, 1998
Sold by
Sauer Ruth M
Bought by
Collier Pearl M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
6.95%
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
Hinshaw Michael K $119,000 Agent Title Services Llc
Kline Gary F -- Attorney
Kline Gary F $117,500 --
Collier Pearl M -- --
Collier Pearl M $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collier Pearl M $58,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $119,000 -8.4% $98 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $129,900 -- $107 / 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 $3,205 $166,433 -- --
2024 $3,043 $151,303 -- --
2023 $3,043 $137,548 $0 $0
2022 $2,481 $125,044 $0 $0
2021 $2,249 $113,676 $0 $113,676
2020 $2,131 $103,360 $0 $103,360
2019 $2,134 $104,168 $0 $104,168
2018 $2,171 $104,168 $0 $104,168
2017 $2,268 $113,050 $0 $113,050
2016 $2,096 $101,695 $0 $101,695
2015 $1,914 $86,800 $0 $86,800
2014 $1,647 $77,800 $0 $77,800
2013 -- $65,000 $0 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214020584

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C3-0350B.0070