NOT LISTED FOR SALE

1407 SW 48th Terrace Unit A-B Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $290,526 - $358,000

4 Beds
2 Baths
1,792 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $118,000 $66 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $2,037/month

55 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-

About This Home

As of January 2014

Great SW location near shopping, Cape Harbour, and schools! Wonderful rental opportunity each unit has two bedrooms and one bath. Open living area and kitchen making it feel open and airy. This wont last long at this price call today for a private showing.

Last Agent to Sell the Property

Christina Porter

John R. Wood Properties License #252000471 Listed on: 11/06/2013

John R. Wood Properties

Co-Listed By

Alisa Knittel

Cape Premier Realty LLC License #261534068

Last Buyer's Agent

Christina Porter

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1981

Lot Details

  • 0.26 Acre Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,792 Sq Ft Home
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, telephone, water
  • Legal Lot and Block 40 / 4529
  • Assessor Parcel Number 15-45-23-C1-04529.0400

Community Details

Overview

  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,659

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2634
  • Co List Office Mls Id: CCAPE
  • Co List Office Phone: (239) 542-1998
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy to S on Chiquita Blvd to left onto SW 48th Ter.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 1792.0
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 15-45-23-C1-04529.0400
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Telephone, Water

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1659.0
  • Tax Block: 4529
  • Tax Lot: 40
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Edmonds John T and Gonzalez Edmonds Diana
Bought by
Another Little Ditty Llc
Current Estimated Value
$314,882

Purchase Details

Listed on
Nov 6, 2013
Closed on
Jan 31, 2014
Sold by
Fannie Mae
Bought by
Edmonds John T and Gonzalez Edmonds Diana V
Seller's Agent
Christina Porter
John R. Wood Properties
Buyer's Agent
Christina Porter
List Price
$119,900
Sold Price
$118,000
Premium/Discount to List
-$1,900
-1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$84,750
Interest Rate
4.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2013
Sold by
Arias Jose
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2007
Sold by
Arias Ana
Bought by
Arias Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,700
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 2004
Sold by
Williams Keith K
Bought by
Arias Jose
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
Another Little Ditty Llc -- None Available
Edmonds John T $118,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association -- None Available
Arias Jose -- Cape Coral Title Insurance A
Arias Jose $161,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edmonds John T $84,750
Previous Owner Arias Jose $152,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2014 01/31/14 Sold $118,000 -1.6% $66 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
11/06/2013 11/06/13 For Sale $119,900 -- $67 / 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
2025 $4,630 $228,415 -- --
2024 $4,386 $207,650 $124,256 $80,383
2023 $4,386 $193,926 $0 $0
2022 $3,850 $176,306 $40,300 $136,006
2021 $3,043 $122,850 $40,300 $82,550
2020 $2,890 $111,437 $32,000 $79,437
2019 $2,879 $113,049 $32,000 $81,049
2018 $2,921 $113,858 $32,000 $81,858
2017 $2,760 $104,967 $38,000 $66,967
2016 $2,553 $96,405 $38,000 $58,405
2015 $2,365 $86,892 $15,200 $71,692
2014 -- $79,796 $40,400 $39,396
2013 -- $73,909 $20,000 $53,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 213508706

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C1-04529.0400