NOT LISTED FOR SALE

1333 SE 40th Terrace Unit 1C Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $233,000 - $302,000

3 Beds
2 Baths
1,405 Sq Ft
$553/mo HOA Fee

Last Sold October 23, 2024

Last sale price $250,000 $178 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,094/month

243 Days on Market

Highlights

  • Dock made with concrete
  • Boating
  • Screened Porch
  • Cape Elementary School Rated A-
  • Home fronts a canal
  • 3-minute walk to Veterans Park

About This Home

As of October 2024

Welcome to your Gulf Access waterfront 55+ condo just minutes from the river and downtown Cape Coral. First floor condo with 3 bedrooms and 2 bathrooms. Primary bedroom has a slider to lanai and window looking out to the canal and features an ensuite bathroom with large walk-in closet with built in shelving. The split floor plan offers privacy for guests with two additional bedrooms and a private bathroom. The large screened lanai overlooks the canal and stairs lead down to a patio area and community pool. Laminate wood flooring in living room, dining room, tile in kitchen and baths. The kitchen and baths have granite countertops and updated cabinets. The laundry room has a full-size washer and dryer with lots of cabinets for storage. Unit has a 1 car detached garage with shelving for storage. New AC (2023) Washer/ Dryer (2021) Water Heater (2016) Roof (2021). Seller is offering $3500 flooring allowance. Make an offer, seller is motivated. Piano and quilt rack do not convey.

Last Agent to Sell the Property

Laura DeProfio

Coldwell Banker Res Referral License #NAPLES-258031957 Listed on: 01/11/2024

Coldwell Banker Res Referral

Last Buyer's Agent

Brian Koonmen

RE/MAX Trend

RE/MAX Trend

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1979

Lot Details

  • Home fronts a canal
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • 1 Parking Garage Space
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,405 Sq Ft Home
  • 2-Story Property
  • 4 Ceiling Fans
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fixed Bridges
  • Seawall
  • Dock made with concrete

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 07-45-24-C2-03401.00C0
  • Tax Block 3401

Community Details

Overview

  • 10 Units
  • Low-Rise Condominium
  • Seabreeze Condo
  • Seabreeze Condo Community

Recreation

  • Boating
  • Gulf Boat Access
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,497

Year Built

Built in 1979

Lot Details

0

HOA Fees

$553 per month

Parking

1

Listing Details

  • Legal Description: SEABREEZE CONDO OR 1303 PG 373 UNIT 1-C
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.577093$-81.945853$56.10$13.33$1.00$dDSeoQ405Fp5iFNMHOsFdQ
  • Building Design: Low Rise (1-3)
  • Storm Protection: Shutters - Manual
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 1
  • Price Per Sq Ft: 177.94
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1405
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Closet Cabinets, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: 81-120
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Concrete Dock
  • Irrigation: Assessment Paid
  • Road: City Maintained, Paved Road, Public Road
  • View: Canal
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Canal, Seawall

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Deeded, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid
  • Water: Assessment Paid, Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Deeded, Housing For Older Persons
  • Sub Condo Name: SEABREEZE CONDO
  • Condo Fees: 1660
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Reserve, Trash Removal
  • Development Name: SEABREEZE CONDO

Association/Amenities

  • Pets: Not Allowed
  • Development: Seabreeze Condo
  • Amenities: Community Pool
  • Community Type: Boating, Non-Gated
  • Units In Building: 10
  • Total Number of Units: 10

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Section: 7
  • Total Area: 1405
  • Waterfront: Yes
  • Acres: 0.1719
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Parcel Number: 07-45-24-C2-03401.00C0

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 180

Tax Info

  • Tax Description: City And County, Homestead
  • Taxes: 1497.35
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Oct 22, 2024
Sold by
Rau Charles H and Rau Carole A
Bought by
Phillips Robin and Phillips Daniel
Seller's Agent
Laura DeProfio
Coldwell Banker Res Referral
Buyer's Agent
Brian Koonmen
RE/MAX Trend
List Price
$285,000
Sold Price
$250,000
Premium/Discount to List
-$35,000
-12.28%
Views
122
Current Estimated Value
$266,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,857
Avg. Annual Appreciation
6.54%
Original Mortgage
$237,500
Outstanding Balance
$234,932
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$31,926

Purchase Details

Listed on
Nov 23, 2015
Closed on
Feb 2, 2016
Sold by
Murphy George and Simas Joseph L
Bought by
The Charles H & Carole A Rau Revocable L
Seller's Agent
Donna Martin
Coldwell Banker Realty
Buyer's Agent
Glen Foutty
List Price
$16,000
Sold Price
$160,000
Premium/Discount to List
$144,000
900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.25%

Purchase Details

Closed on
Jun 4, 2010
Sold by
Ickes Jesse D and Ickes Patricia L
Bought by
Murphy George and Simas Joseph L
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
Phillips Robin $250,000 Sunbelt Title
The Charles H & Carole A Rau Revocable L $160,000 Landsel Title Agency Inc
Murphy George $80,000 Old Florida Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Robin $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2024 10/23/24 Sold $250,000 -12.3% $178 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
08/03/2024 08/03/24 For Sale $285,000 0.0% $203 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
06/27/2024 06/27/24 Price Changed $285,000 -6.6% $203 / Sq Ft
02/25/2024 02/25/24 Price Changed $305,000 +1.7% $217 / Sq Ft
02/24/2024 02/24/24 Price Changed $300,000 -7.7% $214 / Sq Ft
01/11/2024 01/11/24 For Sale $325,000 +103.1% $231 / Sq Ft
02/02/2016 02/02/16 Sold $160,000 +900.0% $114 / Sq Ft View Prior Sale
01/03/2016 01/03/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $16,000 -- $11 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $1,734 $263,326 -- $263,326
2024 $1,636 $119,521 -- --
2023 $1,636 $116,040 $0 $0
2022 $1,497 $112,660 $0 $0
2021 $1,494 $136,607 $0 $136,607
2020 $1,495 $107,869 $0 $0
2019 $1,446 $105,444 $0 $0
2018 $1,430 $103,478 $0 $0
2017 $1,397 $101,350 $0 $0
2016 $2,471 $116,407 $0 $116,407
2015 $2,312 $106,000 $0 $106,000
2014 -- $101,000 $0 $101,000
2013 -- $90,200 $0 $90,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224002143

Naples Area Board of REALTORS®

APN: 07-45-24-C2-03401.00C0