NOT LISTED FOR SALE

Estimated Value: $213,273 - $250,000

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

Last Sold July 06, 2018

Last sale price $151,000 $124 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,710/month

20 Days on Market

Highlights

  • Boat Dock
  • Heated In Ground Pool
  • Canal Access
  • Home fronts a seawall
  • Active Adult
  • Canal View

About This Home

As of July 2018

Malaga Terrace Association, founded in Cape Coral, Florida in 1977, was once the destination for boaters all around the nation seeking out easy waterway access to the Caloosahatchee River and the Gulf of Mexico. Today, this place is affordable, up kept, with three buildings framing a large pool and three large docks. This unit comes with outside storage, assigned carport parking spot, and adequate guest parking. Unit has Recent Floor Updates and convenient views of the pool and the waterway. Come, BBQ & enjoy in the community pool. For taking it slow, savoring a whole range of sensory pleasures, or for a vibrant, active stay in the city of Cape Coral, this will become your favorite place to stay. BOAT Dockage first comes first serve. This unit is your WATERSIDE piece of paradise at an affordable price, take advantage and buy it while it is still available!

Last Agent to Sell the Property

Zuzana Roskovenska

Krise Commercial Group, LLC License #258022390 Listed on: 05/16/2018

Last Buyer's Agent

Kevin McCauley

Hero Real Estate & Co License #258021397

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1977

Lot Details

  • Home fronts a seawall
  • North Facing Home

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Canal
  • Pool

Home Design

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

Interior Spaces

  • 1,213 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Combination Dining and Living Room
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Attached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Heated In Ground Pool
  • Canal Access
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 6 / 350A
  • Assessor Parcel Number 07-45-24-C3-0350A.0060

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Bike Room
  • Community Storage Space

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

$2,204

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
  • Directions: Enter into City of Cape Coral on Cape Coral Pkwy, make a right and head north on Del Prado, from Del Prado make a left onto SE 46th Street and head west and the Malaga Condo Association is on your left, A6 unit is in building #1322. Please, park in the guest parking spot for the duration of viewing.
  • 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: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Breakfast Area, Living/Dining Room, Shower Only, Separate Shower, Split Bedrooms
  • Living Area: 1213.0
  • Stories: 2
  • Window Features: Jalousie
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Electric Heat, Heated, In Ground, Community
  • Pool Private: Yes
  • View: Canal, Landscaped, Pool, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Storage, Shutters Manual
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Metal

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community
  • Senior Community: Yes
  • Amenities: Boat Dock, Bike Storage, Barbecue, Picnic Area, Pool, Storage
  • Association #2 Fee: 375.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Parcel #: 07-45-24-C3-0350A.0060
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 20

Tax Info

  • Tax Annual Amount: 2204.0
  • Tax Block: 350A
  • Tax Lot: 6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 21, 2018
Sold by
Ratliff Gregory D and Ratliff Sharon P
Bought by
Gondor Kalman J
Seller's Agent
Zuzana Roskovenska
Krise Commercial Group, LLC
Buyer's Agent
Kevin McCauley
Hero Real Estate & Co
List Price
$155,000
Sold Price
$151,000
Premium/Discount to List
-$4,000
-2.58%
Current Estimated Value
$226,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,068
Avg. Annual Appreciation
5.72%

Purchase Details

Closed on
Sep 26, 2005
Sold by
Near Robert E and Near Marjorie C
Bought by
Ratliff Gregory D and Ratliff Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,300
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Gondor Kalman J $151,000 Palm Title Associates
Ratliff Gregory D $275,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ratliff Gregory D $213,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2018 07/06/18 Sold $151,000 -2.6% $124 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $155,000 -- $128 / 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 $1,681 $120,609 -- --
2024 $1,592 $117,210 -- --
2023 $1,592 $113,796 $0 $0
2022 $1,436 $110,482 $0 $0
2021 $1,434 $115,605 $0 $115,605
2020 $1,437 $105,783 $0 $105,783
2019 $2,165 $105,783 $0 $105,783
2018 $2,219 $106,590 $0 $106,590
2017 $2,204 $114,665 $0 $114,665
2016 $2,041 $103,577 $0 $103,577
2015 $1,862 $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: 218035865

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C3-0350A.0060