NOT LISTED FOR SALE

1320 NW 40th Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $258,476 - $365,000

0.25 Acre
$1,233,207 Price per Acre
10,716 Sq Ft Lot

Last Sold May 30, 2023

Last sale price $280,000

Est. 8% increase in value since last sale

Current estimated payment $1,889/month

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Lot

As of May 2023

Build your dream home on this oversized waterfront lot in Cape Coral. Seawall is already installed. Direct boating access with NO BRIDGES out to open waters of the Matlache Pass where you'll find some of the area's best fishing. Waterfront Lots 4 and 5 offer 85 feet of waterfront on 170 feet extra wide canal. Prime lot with intersecting canal views. No need to wait up to 18 months for a seawall. Located on a quiet cul-de-sac for minimal street traffic. Beautiful views with a Western exposure. Close to shopping, restaurants and entertainments.

Last Agent to Sell the Property

Paige Kolb

Keller Williams On The Water S License #281534207 Listed on: 10/31/2022

Keller Williams On The Water S

Last Buyer's Agent

Lisa VanderBleek

Re/Max Sunshine License #368586134

Re/Max Sunshine

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,967

Lot Details

  • 10,716 Sq Ft Lot
  • Lot Dimensions are 125 x 85 x 125 x 85
  • Home fronts a seawall
  • Cul-De-Sac
  • East Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 4 / 5214
  • Assessor Parcel Number 01-44-22-C2-05214.0040

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,967

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.246
  • Lot Size: 125 x 85 x 125 x 85
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cul-De-Sac, Oversized Lot, See Remarks
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 01-44-22-C2-05214.0040
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1966.51
  • Tax Block: 5214
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
May 26, 2023
Sold by
Bartz Kathleen Marie
Bought by
Fjmw Llc
Seller's Agent
Paige Kolb
Keller Williams On The Water S
Buyer's Agent
Lisa VanderBleek
Re/Max Sunshine
List Price
$375,000
Sold Price
$280,000
Premium/Discount to List
-$95,000
-25.33%
Views
9
Current Estimated Value
$303,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,369
Avg. Annual Appreciation
5.31%

Purchase Details

Listed on
Dec 10, 2014
Closed on
Sep 21, 2015
Sold by
Lesarge Raymond and Lesarge Julia
Bought by
Bartz Kathleen Marie
Seller's Agent
Tom Demogenes
RE/MAX Realty Team
Buyer's Agent
Tom Demogenes
RE/MAX Realty Team
List Price
$94,900
Sold Price
$91,123
Premium/Discount to List
-$3,777
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.76%
Original Mortgage
$73,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2010
Sold by
Gentry J A and Gentry Traute
Bought by
Lesarge Raymond and Lesarge Julia

Purchase Details

Closed on
Oct 28, 2004
Sold by
Braendi Erwin
Bought by
Gentry J A and Gentry Traute
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
Fjmw Llc $280,000 Old Florida Title
Bartz Kathleen Marie $88,900 Cape Coral Title Insurance A
Lesarge Raymond $56,700 Island Title 5 Star Agency L
Gentry J A $100,000 Tarpon Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartz Kathleen Marie $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $280,000 -13.8% --
05/29/2023 05/29/23 Pending -- -- --
03/21/2023 03/21/23 Price Changed $325,000 -13.3% --
10/31/2022 10/31/22 For Sale $375,000 +311.5% --
09/30/2015 09/30/15 Sold $91,123 -4.0% --
08/31/2015 08/31/15 Pending -- -- --
12/10/2014 12/10/14 For Sale $94,900 -- --
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 $3,272 $278,055 $278,055 --
2023 $3,272 $112,530 $0 $0
2022 $2,557 $102,300 $0 $0
2021 $1,967 $93,000 $93,000 $0
2020 $1,867 $85,000 $85,000 $0
2019 $1,843 $85,000 $85,000 $0
2018 $1,823 $85,000 $85,000 $0
2017 $1,662 $73,079 $73,079 $0
2016 $1,756 $78,000 $78,000 $0
2015 $1,541 $78,000 $78,000 $0
2014 $1,631 $100,000 $100,000 $0
2013 -- $49,000 $49,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Paige Kolb

    Keller Williams On The Water S

    Section Image
  • Lisa VanderBleek

    Buyer's Agent in 2023

    Lisa VanderBleek

    RE/MAX

    (239) 790-1177

    20 in this area

    143 Total Sales

    Lisa VanderBleek
    Section Image
  • Tom Demogenes

    Seller's Agent in 2015

    Tom Demogenes

    RE/MAX

    (239) 357-6118

    3 in this area

    22 Total Sales

    Tom Demogenes
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222077493

Florida Gulf Coast Multiple Listing Service

APN: 01-44-22-C2-05214.0040

Florida Lee County Cape Coral 33993 Burnt Store

1320 NW 40th Place, Cape Coral, FL

This home is located at 1320 NW 40th Place, Cape Coral, FL 33993 since 31 October 2022 and is currently estimated at $303,369. 1320 NW 40th Place is a home located in Lee County with nearby schools including Caloosa Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary School.

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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

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