NOT LISTED FOR SALE

1345 SE 40th Terrace Unit 2F Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $264,000 - $340,000

2 Beds
2 Baths
1,661 Sq Ft
$289/mo HOA Fee

Last Sold October 16, 2019

Last sale price $165,000 $99 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,004/month

54 Days on Market

Highlights

  • Boat Dock
  • Senior Community
  • Canal View
  • Home fronts a seawall
  • Canal Access
  • 3-minute walk to Veterans Park

About This Home

As of October 2019

Motivated seller will consider all offers!! Extremely rare 1661 Sq. Ft. 2/2 + den condo with split floor plan. Just a turn off Del Prado onto Coronado and see Cor - Del Condo's on the right. Gulf access with a short boat ride to the river with just one bridge. This Condo has a large 23 x 12 Ft. end unit detached one car garage with back door access. The Master Bedroom has large walk in - shower, walk in - closet, and the pocket sliders lead you out to your large lanai and views of the pool and canal. "Bonus room" (Den) use as you like. In home laundry with a ton of extra storage and laundry sink. The entire condo complex has been re - piped, all the roofs have recently been replaced, new stainless steel appliances, new electric panel, the association has a contract with a local A/C company for lower bi annual maintenance check ups. Low maintenance fees. Location, location this condo gets you right in the middle of everything that is great about and to do in Cape Coral.!! "A TOP DESTINATION" Don't miss out on your piece of paradise.

Last Agent to Sell the Property

Ron Cotorakas

Royal Shell Real Estate, Inc. License #258024548 Listed on: 07/23/2019

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Kathy Dowd

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1977

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts a private road
  • West Facing Home

HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Assigned Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,661 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Partially Furnished
  • Jalousie or louvered window
  • Electric Shutters
  • Double Hung Windows
  • Combination Dining and Living Room
  • Home Office
  • Canal Views

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Canal Access
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block F / 3202
  • Assessor Parcel Number 07-45-24-C2-03202.00F0

Community Details

Overview

  • Senior Community
  • Association fees include management, insurance, legal/accounting, ground maintenance, road maintenance, sewer, trash, water
  • 14 Units
  • Association Phone (239) 540-9665
  • Low-Rise Condominium
  • Cor Del Condo Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,460

Year Built

Built in 1977

Lot Details

0

HOA Fees

$289 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: COR DEL CONDO
  • Architectural Style: Other, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Dual Sinks, Living/Dining Room, Custom Mirrors, Shower Only, Separate Shower, Cable TV, Upper Level Master, Walk-In Closet(s), Home Office, Split Bedrooms
  • Living Area: 1661.0
  • Stories: 1
  • Window Features: Double Hung, Jalousie
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Deck, Shutters Electric
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Driveway, Detached, Garage, Guest, Paved, One Space, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Street Lights
  • Senior Community: Yes
  • Amenities: Bike Storage, Pool, Storage, Sidewalks
  • Association #2 Fee: 741.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 500.0
  • Association Fee Frequency: Annually
  • Phone: 239-540-9665
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Road Maintenance, Sewer, Trash, Water

Lot Info

  • Parcel #: 07-45-24-C2-03202.00F0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 2460.0
  • Tax Block: 3202
  • Tax Lot: F
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2024
Sold by
Bales Dana I
Bought by
Dana I Bales Revocable Trust and Bales
Current Estimated Value
$284,077

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 16, 2019
Sold by
Davis Michael E
Bought by
Bales Dana I
Seller's Agent
Ron Cotorakas
Royal Shell Real Estate, Inc.
Buyer's Agent
Kathy Dowd
List Price
$190,000
Sold Price
$165,000
Premium/Discount to List
-$25,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 14, 2017
Sold by
Gilbert Leonard H and Gilbert Shirley J
Bought by
David Michael E and Mary E David Irrevocable Trust
Seller's Agent
Geary Quinn
Realty One Group MVP
Buyer's Agent
Ron Cotorakas
Royal Shell Real Estate, Inc.
List Price
$167,900
Sold Price
$159,000
Premium/Discount to List
-$8,900
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.65%

Purchase Details

Closed on
Apr 5, 2010
Sold by
Montgomery James D and Montgomery Nancy A
Bought by
Gilbert Leonard H and Gilbert Shirley J

Purchase Details

Closed on
Jun 8, 2005
Sold by
Montgomery James D and Montgomery Nancy A
Bought by
Montgomery James D

Purchase Details

Closed on
Jan 17, 2003
Sold by
Montgomery James D and Montgomery Jimmy D
Bought by
Montgomery James D and Montgomery Nancy A
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
Dana I Bales Revocable Trust $100 None Listed On Document
Bales Dana I $165,000 Assured Title Services Llc
David Michael E $159,000 Cape Coral Title Insurance A
Gilbert Leonard H $105,900 First Priority Title Llc
Montgomery James D -- --
Montgomery James D -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $165,000 -13.2% $99 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $190,000 +19.5% $114 / Sq Ft
07/14/2017 07/14/17 Sold $159,000 -5.3% $96 / Sq Ft
06/14/2017 06/14/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $167,900 -- $101 / 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
2024 $2,165 $189,970 -- --
2023 $2,165 $184,437 $0 $0
2022 $2,534 $179,065 $0 $179,065
2021 $2,541 $129,387 $0 $129,387
2020 $2,414 $117,895 $0 $117,895
2019 $2,415 $118,703 $0 $118,703
2018 $2,460 $118,703 $0 $118,703
2017 $1,165 $89,309 $0 $0
2016 $1,135 $109,210 $0 $109,210
2015 $1,143 $122,000 $0 $122,000
2014 $1,156 $86,175 $0 $86,175
2013 -- $86,600 $0 $86,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219047533

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C2-03202.00F0