NOT LISTED FOR SALE

1326 SE 40th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $474,000 - $708,000

3 Beds
2 Baths
1,514 Sq Ft
$379/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $465,000 $307 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,805/month

Highlights

  • 0.5 Acre Lot
  • 2 Car Attached Garage
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Walk-In Closet
  • 2-minute walk to Veterans Park

About This Home

As of March 2021

Brand new duplex located in fast growing Cape Coral. This home has 1514 sq. ft per side with 3 bedroom and 3 baths. Porcelain tile throughout and a kitchen with all the bells and whistle; 42 soft close, solid wood cabinets, stainless steel appliances, and granite countertops. Some upgraded features include large walk in bedroom closets, high ceilings in living area, Impact windows, pavers in the driveway, and an irrigation system.

Last Agent to Rent the Property

Nicole Pistone

Cornerstone Coastal Properties License #258023882 Listed on: 03/26/2021

Co-Listed By

Erik Fine

Cornerstone Coastal Properties License #258016718

Last Renter's Agent

Nicole Pistone

Cornerstone Coastal Properties License #258023882 Listed on: 03/26/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,593

Year Built

  • Built in 2021

Lot Details

  • 0.5 Acre Lot
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for credit check, cable TV, departure cleaning, electricity, internet, pest control, pet deposit, water
  • The owner pays for grounds care, taxes, trash collection
  • Legal Lot and Block 13 / 313
  • Assessor Parcel Number 07-45-24-C2-00313.0130

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,593

Year Built

Built in 2021

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Credit Check, Cable TV, Departure Cleaning, Electricity, Internet, Pest Control, Pet Deposit, Water

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.5
  • Co List Office Mls Id: FCCP
  • Co List Office Phone: (239) 989-0111
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 2021
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Owner Pays: Grounds Care, Taxes, Trash Collection
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: High Speed Internet, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1514.0
  • Stories: 1
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 07-45-24-C2-00313.0130
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Block: 313
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2021
Sold by
Hoogewind Leon J
Bought by
1326-1328 Se 40Th Ter Llc
Current Estimated Value
$574,333

Purchase Details

Listed on
Mar 26, 2021
Closed on
Mar 23, 2021
Sold by
Bazan Real Estate Investment Llc
Bought by
Hoogewind Leon J
Seller's Agent
Nicole Pistone
Cornerstone Coastal Properties
Buyer's Agent
Nicole Pistone
Cornerstone Coastal Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%

Purchase Details

Closed on
Jun 18, 2020
Sold by
Leepa Investments Llc
Bought by
Bazan Real Estate Investment Llc

Purchase Details

Closed on
Nov 16, 2018
Sold by
Cape Coral First United Methodist Church
Bought by
Leepa Investments Llc
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
1326-1328 Se 40Th Ter Llc $100 None Listed On Document
Hoogewind Leon J $465,000 Sun National Title Co Llc
Bazan Real Estate Investment Llc $96,000 First International Ttl Inc
Leepa Investments Llc $56,500 First International Title In
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 For Rent $1,650 -99.6% --
03/26/2021 03/26/21 Rented -- -- --
03/23/2021 03/23/21 Sold $465,000 +5.7% $154 / Sq Ft View Prior Sale
02/21/2021 02/21/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $439,900 -- $145 / 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 $9,593 $567,356 $108,205 $452,691
2024 $9,394 $516,563 $59,543 $449,576
2023 $9,394 $500,749 $0 $0
2022 $8,396 $455,244 $53,005 $402,239
2021 $1,336 $53,005 $53,005 $0
2020 $805 $25,003 $25,003 $0
2019 $1,365 $54,295 $54,295 $0
2018 $524 $32,577 $32,577 $0
2017 $476 $32,577 $32,577 $0
2016 $429 $30,600 $30,600 $0
2015 $385 $30,600 $30,600 $0
2014 -- $50,313 $50,313 $0
2013 -- $17,106 $17,106 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2021

    Nicole Pistone

    Cornerstone Coastal Properties

    (239) 628-7439

    8 in this area

    101 Total Sales

    Nicole Pistone
    Section Image

  • P

    Seller's Agent in 2021

    Peter Albert

    Premiere Plus Realty Company

    (239) 645-1758

    1 in this area

    38 Total Sales

    Peter Albert
    Section Image
  • Erik Fine

    Landlord's Co-Listing Agent in 2021

    Erik Fine

    Cornerstone Coastal Properties

    (239) 898-5750

    17 in this area

    193 Total Sales

    Erik Fine
    Section Image

  • K

    Buyer's Agent in 2021

    Karen Morris

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221017731

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C2-00313.0130

Florida Lee County Cape Coral 33904 Caloosahatchee

1326 SE 40th Terrace, Cape Coral, FL

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