NOT LISTED FOR SALE

1402 NE 8th Place Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $82,572

0.34 Acre
$239,756 Price per Acre
15,002 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $89,500

Est. 8% decrease in value since last sale

Current estimated payment $561/month

Highlights

  • Oversized Lot
  • Cape Elementary School Rated A-
  • Brush Vegetation

About This Lot

As of March 2023

TRIPLE Commerical lot on the Pine Island Corridor area with city water & sewer in place. This triple lot is cleared and ready to build. Seller has another vacant lot to the left of this lot (a corner lot) and these lots are close to a Dairy Queen, Mel's Diner and many other shops near the Pine Island Road and Del Prado intersection.

Last Agent to Sell the Property

Patricia O'neill-scheidt Pa

Sellstate Achievers Realty License #258003942 Listed on: 11/15/2021

Last Buyer's Agent

Cheryl Welton

Marzucco Real Estate License #258031963

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,065

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • North Facing Home
  • Brush Vegetation
  • Oversized Lot
  • Cleared Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2024
  • Assessor Parcel Number 06-44-24-C3-02024.0050

Property Details

Property Type

Land

Est. Annual Taxes

$1,065

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.3444
  • Lot Size: 120 x 125 x 120 x 125
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Oversized Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Parcel #: 06-44-24-C3-02024.0050
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1065.0
  • Tax Block: 2024
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Mar 31, 2023
Sold by
Murillo Mauricio
Bought by
Linn Creek Capital Investment Llc
Seller's Agent
Patricia O'neill-scheidt Pa
Sellstate Achievers Realty
Buyer's Agent
Cheryl Welton
Marzucco Real Estate
List Price
$150,000
Sold Price
$89,500
Premium/Discount to List
-$60,500
-40.33%
Current Estimated Value
$82,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,928
Avg. Annual Appreciation
-3.09%

Purchase Details

Closed on
Feb 27, 2006
Sold by
Montemarano Robert and Montemarano Sai
Bought by
Murillo Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,560
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
D Barr Inc
Bought by
Montemarano Robert and Montemarano Sai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Linn Creek Capital Investment Llc $69,500 Access Title Agency
Linn Creek Capital Investment Llc $89,500 Access Title Agency
Murillo Mauricio $498,000 Old Florida Title
Montemarano Robert $365,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murillo Mauricio $398,560
Previous Owner Montemarano Robert $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2023 04/10/23 Pending -- -- --
03/31/2023 03/31/23 Sold $89,500 0.0% --
11/09/2022 11/09/22 Price Changed $89,500 -40.3% --
11/15/2021 11/15/21 For Sale $150,000 -- --
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 $1,535 $105,068 $105,068 --
2024 $911 $60,000 $60,000 --
2023 $911 $15,428 $0 $0
2022 $779 $14,025 $0 $0
2021 $666 $12,750 $12,750 $0
2020 $1,065 $22,500 $22,500 $0
2019 $1,121 $17,250 $17,250 $0
2018 $1,120 $17,250 $17,250 $0
2017 $1,266 $17,250 $17,250 $0
2016 $1,062 $15,000 $15,000 $0
2015 $1,089 $15,000 $15,000 $0
2014 $936 $10,500 $10,500 $0
2013 -- $10,500 $10,500 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Patricia O'neill-scheidt Pa

    Sellstate Achievers Realty

    (239) 699-9656

    5 in this area

    103 Total Sales

    Patricia O'neill-scheidt Pa
    Section Image

  • C

    Buyer's Agent in 2023

    Cheryl Welton

    Marzucco Real Estate

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221080451

Florida Gulf Coast Multiple Listing Service

APN: 06-44-24-C3-02024.0050

Florida Lee County Cape Coral 33909 Diplomat

1402 NE 8th Place, Cape Coral, FL

This home is located at 1402 NE 8th Place, Cape Coral, FL 33909 since 15 November 2021 and is currently estimated at $82,572. 1402 NE 8th Place is a home located in Lee County with nearby schools including Dr. Carrie D. Robinson Littleton Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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