NOT LISTED FOR SALE

Estimated Value: $214,618 - $228,000

2 Beds
2 Baths
1,213 Sq Ft
$478/mo HOA Fee

Last Sold March 04, 2024

Last sale price $225,000 $185 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,970/month

109 Days on Market

Highlights

  • Active Adult
  • Canal View
  • Main Floor Primary Bedroom
  • Open Floorplan
  • Traditional Architecture
  • Community Pool

About This Home

As of March 2024

FINANCED BUYERS - SELLER TO PAY FOR A TEMPORARY RATE BUYDOWN with a first years INTEREST RATE 2% BELOW THE CURRENT MARKET RATE. SAVE HUNDREDS OF $$$ THE FIRST 2 YEARS!! WATERFRONT! FIRST FLOOR CONDO UNDER $265K! LOWEST PRICED GULF ACCESS 1ST FLOOR OVER 1000sq ft!!Price leaves room for your customization, Schedule your showing for this 2/ 2 over 1200 Sq Ft. This home offers large kitchen with bar seating; Open living area with screened lanai overlooking canal. Tile and laminate flooring. Covered parking just outside your door. Blocks from downtown Cape Coral where you can enjoy great restaurants and all the entertainment Cape Coral has to offer. Exceptional 55+ Living in SMOKE FREE community! Tie up dock space on first come first serve. DON'T MISS THIS OPPORTUNITY!!

Last Agent to Sell the Property

Mary Lou Carpenter

ROSSMAN REALTY GROUP, INC. Brokerage Phone: 239-542-2084 License #3311745 Listed on: 10/17/2023

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1977

Lot Details

  • Property fronts a saltwater canal
  • North Facing Home
  • Landscaped with Trees

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Parking Garage Space
  • Off-Street Parking
  • Reserved Parking

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • First Come-First Served Dock
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, management, pest control, sewer, trash, water
  • Malaga Terrace Condo Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Amenities

  • Community Mailbox

Recreation

  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,790

Year Built

Built in 1977

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Management, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1213
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 1213
  • Lot Size Sq Ft: 4276
  • Directions to Property: CAPE CORAL PKWY WEST TO DEL PRADO NORTH, LEFT ON 46TH ST, DOWN ON LEFT HAND SIDE
  • Status: Sold
  • Street Direction: SE
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Cape Coral
  • Escrow Postal Code: 33904
  • Escrow State: FL
  • Escrow Street Name: SE 46th Lane
  • Escrow Street Number: 1104
  • Floor Number: 1
  • List Office Head Office Key Nume: 1037428
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 185.49
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 1
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_DockDescription: Dock - Slip 1st Come
  • MFR_CommunityAssociationWaterFeatures: Dock,Waterfront
  • Attribution Contact: 239-542-2084
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 1322
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 112.69
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Irrigation System, Sliding Doors, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Water Body Name: MALAGA CANAL
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Off Street, Reserved

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Sprinkler Recycled, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Irrigation-Reclaimed Water, Pool, Special Community Restrictions
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: None
  • Building Name Number: A
  • Condo Fees: 478
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 478
  • Management: Full Time

Fee Information

  • Total Annual Fees: 5736.00
  • Total Monthly Fees: 478.00

Lot Info

  • Zoning: CONDO
  • Parcel Number: 07-45-24-C3-0350A.0020
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 397

Rental Info

  • Pets Allowed: Cats OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: NONE

Tax Info

  • Tax Annual Amount: 2789.95
  • Tax Block: 350A
  • Tax Book Number: 1721
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Canal - Saltwater
  • Approval Process: NONE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
Mar 4, 2024
Sold by
Giammarino Louis and Giammarino Lisa F
Bought by
Revocable Living Trust
Seller's Agent
Mary Lou Carpenter
ROSSMAN REALTY GROUP, INC.
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$264,000
Sold Price
$225,000
Premium/Discount to List
-$39,000
-14.77%
Views
732
Current Estimated Value
$222,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,845
Avg. Annual Appreciation
-0.77%

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 22, 2021
Sold by
M2d Investments Llc
Bought by
Giammarino Louis and Giammarino Lisa F
Seller's Agent
Lin Miller Pa
Sellstate Priority Realty
Buyer's Agent
Debbie Elentrio
List Price
$214,900
Sold Price
$205,000
Premium/Discount to List
-$9,900
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$163,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2017
Sold by
Fenerty Joan Marie
Bought by
M2d Investments Llc

Purchase Details

Closed on
Jul 11, 2008
Sold by
Fenerty Joan Marie
Bought by
Fenerty Joan Marie and Joan Marie Fenerty Revocable Living Tr
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
Revocable Living Trust $225,000 Agent Title Services
Giammarino Louis $205,000 Fidelity Natl Ttl Of Fl Inc
M2d Investments Llc $125,000 Fidelity National Title Of F
Fenerty Joan Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giammarino Louis $163,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2024 03/04/24 Sold $225,000 0.0% $185 / Sq Ft
03/04/2024 03/04/24 Sold $225,000 -12.8% $185 / Sq Ft View Prior Sale
03/04/2024 03/04/24 Pending -- -- --
02/15/2024 02/15/24 Pending -- -- --
02/04/2024 02/04/24 Pending -- -- --
01/31/2024 01/31/24 Price Changed $258,000 0.0% $213 / Sq Ft
01/29/2024 01/29/24 Price Changed $258,000 -0.4% $213 / Sq Ft
01/15/2024 01/15/24 Price Changed $259,000 0.0% $214 / Sq Ft
01/12/2024 01/12/24 Price Changed $259,000 -1.9% $214 / Sq Ft
01/08/2024 01/08/24 For Sale $264,000 0.0% $218 / Sq Ft
01/06/2024 01/06/24 For Sale $264,000 0.0% $218 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
12/01/2023 12/01/23 Price Changed $264,000 0.0% $218 / Sq Ft
11/27/2023 11/27/23 Price Changed $264,000 -0.4% $218 / Sq Ft
10/17/2023 10/17/23 For Sale $265,000 0.0% $218 / Sq Ft
09/10/2023 09/10/23 Price Changed $265,000 -7.0% $218 / Sq Ft
06/20/2023 06/20/23 Price Changed $285,000 -6.5% $235 / Sq Ft
06/06/2023 06/06/23 Price Changed $304,900 -3.2% $251 / Sq Ft
05/18/2023 05/18/23 For Sale $314,990 +53.7% $260 / Sq Ft
06/22/2021 06/22/21 Sold $205,000 -4.6% $169 / Sq Ft View Prior Sale
05/23/2021 05/23/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $214,900 -- $177 / Sq Ft
Source: Stellar MLS

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 $3,800 $194,608 -- $194,608
2024 $3,800 $213,226 -- $213,226
2023 $3,139 $216,736 $0 $217,195
2022 $2,790 $155,660 $0 $155,660
2021 $2,228 $112,475 $0 $112,475
2020 $2,116 $102,553 $0 $102,553
2019 $2,119 $103,360 $0 $103,360
2018 $2,157 $103,360 $0 $103,360
2017 $796 $63,249 $0 $0
2016 $786 $99,803 $0 $99,803
2015 $782 $86,800 $0 $86,800
2014 -- $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: Stellar MLS

MLS Number: C7482288

Stellar MLS

APN: 07-45-24-C3-0350A.0020