NOT LISTED FOR SALE

139 Cultural Park Blvd Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $501,000 - $644,000

6 Beds
4 Baths
2,832 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 04, 2021

Last sale price $410,000 $145 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,536/month

49 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Canal Access
  • Outdoor Storage

About This Home

As of October 2021

Owner owned and occupied one side since 1996!!! Perfect Location! Perfect Freshwater Canal System which provides access to all the major lakes! Perfectly updated! Perfect In-Law opportunity. Perfect boater/fishing access! Perfect amount of space for everyone...with over 1400sf of Living Area on each side with a total of 2832sf these 3 bedroom 2 bath units will provide room for you, your guests and family. Recent upgrades include, New Roof in 2020, updated kitchen, baths and flooring. Located in the Heart of Cape Coral near City Hall, Restaurants, Shopping and Entertainment! Come make this your new home today by living on one side and renting the other, OR simply grab this investment opportunity. This Duplex will always stay rented due to its location.

Last Agent to Sell the Property

Ray Santini

RE/MAX Realty Team License #258012290 Listed on: 07/16/2021

Last Buyer's Agent

Jennifer Goode

RE/MAX Trend License #147036683

RE/MAX Trend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,832 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 5 / 1114
  • Assessor Parcel Number 13-44-23-C2-01114.0050

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,000
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,335

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1983
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Storage
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, 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
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 13-44-23-C2-01114.0050
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 12000.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 2335.0
  • Tax Block: 1114
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Oct 4, 2021
Sold by
Fandre William
Bought by
Otoole Martin J
Seller's Agent
Ray Santini
RE/MAX Realty Team
Buyer's Agent
Jennifer Goode
RE/MAX Trend
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Current Estimated Value
$549,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,333
Avg. Annual Appreciation
7.31%
Original Mortgage
$285,000
Outstanding Balance
$263,809
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$274,858

Purchase Details

Closed on
Jul 24, 1996
Sold by
Berkeley Fed Bk & Tr
Bought by
Fandre William and Fandre Barbara
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
Otoole Martin J $410,000 Landsel Title Agency Inc
Fandre William $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otoole Martin J $285,000
Previous Owner Fandre William E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2021 10/04/21 Sold $410,000 -8.9% $145 / Sq Ft
09/04/2021 09/04/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $450,000 -- $159 / 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 $6,515 $345,732 -- --
2023 $6,515 $314,302 $0 $0
2022 $5,634 $285,730 $43,800 $241,930
2021 $2,483 $205,637 $41,993 $163,644
2020 $2,335 $126,039 $0 $0
2019 $2,260 $123,903 $0 $0
2018 $2,191 $121,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221051579

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C2-01114.0050