NOT LISTED FOR SALE

1407 SE 24th Ave Unit 1-3 Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $474,451 - $534,000

6 Beds
6 Baths
-- Sq Ft
0.37 Acres

Last Sold December 30, 2021

Last sale price $490,000

Est. 4% increase in value since last sale

Current estimated payment $3,483/month

14 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Concrete Block With Brick
  • Carpet

About This Home

As of December 2021

Attention investors! This an incredible opportunity to purchase an income producing property, triplex with 2 bedrooms, 2 baths, individual screened in lanai's and a community pool. All units are leased and offer all appliances.

Last Agent to Sell the Property

Jacob Hansen

DomainRealty.com LLC Listed on: 10/28/2021

DomainRealty.com LLC

Last Buyer's Agent

Giselle Fuentes

Innova Real Estate Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 1997

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions: 130

Home Design

  • Triplex
  • Traditional Architecture
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

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

Additional Features

  • Sliding Windows
  • In Ground Pool

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, long distance telephone, pet deposit, security, water
  • Assessor Parcel Number 20-44-24-C3-01417.0330
  • Tax Block 1417

Community Details

Overview

  • 3 Units
  • Cape Coral Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $8,733
  • Net Operating Income $22,167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,807

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 18 BLK 1417 PB 13 PG 102 LOTS 33 THRU 35
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.627013$-81.923894$61.33$13.33$1.00$zVcOpK3Jw7hiX5oB6x_OOA
  • Building Design: Triplex
  • Building Description: Traditional
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bathrooms: 6.00
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: Public Road
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground

Utilities

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

Association/Amenities

  • Pets: With Approval
  • Development: Cape Coral
  • Community Type: Non-Gated
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: CAPE CORAL

Lot Info

  • Lot Back: 130
  • Lot Frontage: 130
  • Lot Left: 120
  • Lot Right: 120
  • Lot Unit: 33
  • Section: 20
  • Waterfront: No
  • Zoning Code: R3-D
  • Acres: 0.3660
  • Lot Description: Regular
  • Lot Dimensions: 130 X 120
  • Parcel Number: 20-44-24-C3-01417.0330

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Long Distance Telephone, Pet Deposit, Security, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 6807.00

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 30900.00
  • Annual Expenses: 8733.00
  • Annual Net Operating Income: 22167.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Dec 30, 2021
Sold by
Chapman Group Llc
Bought by
Colome Real Estate Llc
Seller's Agent
Jacob Hansen
DomainRealty.com LLC
Buyer's Agent
Giselle Fuentes
Innova Real Estate Corp
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$508,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,113
Avg. Annual Appreciation
0.96%
Original Mortgage
$372,708
Outstanding Balance
$342,839
Interest Rate
3.12%
Mortgage Type
Commercial
Estimated Equity
$165,274

Purchase Details

Listed on
Jan 25, 2014
Closed on
Mar 18, 2014
Sold by
Spanberger Louis J
Bought by
Chapman Group Llc
Buyer's Agent
Jacob Hansen
No Nonsense Real Estate PA
List Price
$225,000
Sold Price
$213,800
Premium/Discount to List
-$11,200
-4.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Closed on
Sep 9, 2003
Sold by
Spanberger Louis H
Bought by
Spanberger Louis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 2, 2002
Sold by
Fawaz John H
Bought by
Spanberger Louis J and Spanberger Louis H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
6.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 22, 2001
Sold by
Fawaz John H
Bought by
Fawaz John H

Purchase Details

Closed on
Sep 1, 2000
Sold by
Fawaz John H and Fawaz Marian
Bought by
Fawaz Marian F

Purchase Details

Closed on
Oct 12, 1999
Sold by
M & P Rental Inc
Bought by
Fawaz Marian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,847
Interest Rate
7.67%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 1995
Sold by
Radziewicz Nancy L
Bought by
M & P Rental Inc

Purchase Details

Closed on
Aug 25, 1995
Sold by
Mishuk Betty Lou
Bought by
M & P Rental Inc
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
Colome Real Estate Llc $490,000 Safe Harbor Title Company
Chapman Group Llc $213,800 Safe Harbor Title Company
Spanberger Louis J -- --
Spanberger Louis J $229,000 --
Fawaz John H -- --
Fawaz Marian F -- --
Fawaz Marian $180,000 --
M & P Rental Inc $18,000 --
M & P Rental Inc $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colome Real Estate Llc $372,708
Previous Owner Spanberger Louis J $210,000
Previous Owner Spanberger Louis J $206,100
Previous Owner Fawaz Marian $174,847
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $490,000 -2.0% --
11/11/2021 11/11/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $500,000 +133.9% --
03/17/2014 03/17/14 Sold $213,800 -5.0% -- View Prior Sale
02/15/2014 02/15/14 Pending -- -- --
01/25/2014 01/25/14 For Sale $225,000 -- --
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 $9,470 $525,192 -- --
2024 $9,470 $477,447 $116,177 $321,754
2023 $9,241 $465,817 $123,888 $325,092
2022 $9,677 $512,587 $44,500 $468,087
2021 $7,170 $356,415 $44,500 $311,915
2020 $6,807 $323,820 $34,925 $288,895
2019 $6,321 $306,829 $27,500 $279,329
2018 $5,879 $267,273 $27,500 $239,773
2017 $5,669 $272,120 $19,800 $252,320
2016 $5,071 $220,799 $19,800 $200,999
2015 $4,599 $182,679 $17,600 $165,079
2014 $3,898 $168,124 $12,408 $155,716
2013 -- $141,611 $10,900 $130,711
Source: Public Records

Agents Affiliated with this Home

  • Jacob Hansen

    Seller's Agent in 2021

    Jacob Hansen

    DomainRealty.com LLC

    (239) 826-6132

    5 in this area

    95 Total Sales

    Jacob Hansen
    Section Image
  • Giselle Fuentes

    Buyer's Agent in 2021

    Giselle Fuentes

    Innova Real Estate Corp

    (239) 292-0647

    17 in this area

    124 Total Sales

    Giselle Fuentes
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221074788

Naples Area Board of REALTORS®

APN: 20-44-24-C3-01417.0330

Florida Lee County Cape Coral 33903 Hancock

1407 SE 24th Ave Unit 1-3, Cape Coral, FL

This home is located at 1407 SE 24th Ave Unit 1-3, Cape Coral, FL 33990 since 28 October 2021 and is currently estimated at $508,113. This property was built in 1997. 1407 SE 24th Ave Unit 1-3 is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek 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.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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