NOT LISTED FOR SALE

Estimated Value: $487,000 - $661,000

0.23 Acre
$2,407,117 Price per Acre
10,019 Sq Ft Lot

Last Sold October 26, 2020

Last sale price $48,500

Est. 1,042% increase in value since last sale

Current estimated payment $3,533/month

289 Days on Market

Highlights

  • Home fronts a seawall
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of October 2020

Waterfront lot in a desirable neighborhood ready for you to build your new home. You can Kayak or canoe on the freshwater canal. Located near the Pine Island Corridor, close to shopping, restaurants, parks, a short drive to Pine Island, Punta Gorda and Ft. Myers. Build your new home in this growing area of Cape coral, surrounded by new homes. Buyer to assume utility assessments.

Last Agent to Sell the Property

Deborah Smith

Michael Saunders & Company License #252010876 Listed on: 12/11/2019

Last Buyer's Agent

Dusty Gardner

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 125 x 80 x 80 x 125
  • Home fronts a seawall
  • West Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 37 / 4367
  • Assessor Parcel Number 22-44-23-C3-04367.0370

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 125 x 80 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Unpaid, Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 22-44-23-C3-04367.0370
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2044.0
  • Tax Block: 4367
  • Tax Lot: 37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Oct 26, 2020
Sold by
Jeffrey Bucher Mb Revocable Trust
Bought by
Neal Steven R and Neal Emily A
Seller's Agent
Deborah Smith
Michael Saunders & Company
Buyer's Agent
Dusty Gardner
List Price
$54,900
Sold Price
$48,500
Premium/Discount to List
-$6,400
-11.66%
Current Estimated Value
$553,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,137
Avg. Annual Appreciation
63.38%

Purchase Details

Closed on
Oct 27, 2015
Sold by
Mata Kenneth
Bought by
Bucher Jeffrey and The Jeffrey Bucher Mb Revocable Trust

Purchase Details

Closed on
Oct 27, 2006
Sold by
Heights Properties Inc
Bought by
Mata Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,200
Interest Rate
6.27%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 2004
Sold by
Armstrong Nancy
Bought by
Heights Properties Inc

Purchase Details

Closed on
Sep 25, 2002
Sold by
Cattel Barbara
Bought by
Armstrong Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.27%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Letelier Santiago
Bought by
Cattel Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
6.27%
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
Neal Steven R $48,500 Agent Title Services
Bucher Jeffrey $16,000 Landsel Title Agency Inc
Mata Kenneth $115,000 Safe Harbor Title
Heights Properties Inc $90,000 Cape Coral Title Insurance A
Armstrong Nancy $15,000 --
Cattel Barbara $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mata Kenneth $385,200
Previous Owner Armstrong Nancy $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2020 10/26/20 Sold $48,500 -11.7% --
09/26/2020 09/26/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $54,900 -- --
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
2025 $7,180 $415,164 -- --
2024 $6,998 $403,464 -- --
2023 $6,998 $391,713 $0 $0
2022 $6,668 $380,315 $0 $0
2021 $1,288 $26,000 $26,000 $0
2020 $1,249 $22,000 $22,000 $0
2019 $2,044 $22,000 $22,000 $0
2018 $2,002 $20,500 $20,500 $0
2017 $1,906 $13,485 $13,485 $0
2016 $1,877 $13,000 $13,000 $0
2015 $1,858 $10,500 $10,500 $0
2014 -- $9,900 $9,900 $0
2013 -- $9,600 $9,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219081703

Florida Gulf Coast Multiple Listing Service

APN: 22-44-23-C3-04367.0370