NOT LISTED FOR SALE

1500 SW 48th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $556,000 - $784,000

2 Beds
2 Baths
1,811 Sq Ft
$386/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $365,000 $202 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,730/month

286 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Cape Elementary School Rated A-
  • Two Primary Bedrooms
  • Canal View

About This Home

As of February 2019

Direct access home in unit 64. Gorgeous home on deep water, sailboat access canal. TWO LARGE Master suites w/walk-in showers. Great room plan w/volume ceilings & crown molding. Large island with solid surface counters in the kitchen. 90 degree sliders open up to the lanai with views of the canal. Side load 2 car garage w/work area. A/C has 3 separate zones. 5000# lift can be converted to 7000#. Gulfstream built home is wired for alarm. Seller will consider seller financing with 20% down payment.

Last Agent to Sell the Property

Rhonda Keane Milligan

Miloff Aubuchon Realty Group License #258007315 Listed on: 04/02/2018

Miloff Aubuchon Realty Group

Last Buyer's Agent

Lynn Hesselbach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,534

Year Built

  • Built in 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 125 x 80 x 80 x 125
  • Home fronts a seawall
  • Home fronts navigable water
  • North Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,811 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Canal Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 40 / 4512
  • Assessor Parcel Number 15-45-23-C1-04512.0400

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,534

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 125 x 80 x 80 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy. West to South on Chiquita to right on SW 48th Ter. House on right.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2000
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Family/Dining Room, High Ceilings, High Speed Internet, Living/Dining Room, Multiple Master Suites, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms
  • Living Area: 1811.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • View: Canal, Landscaped
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), 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: Boat Facilities, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 15-45-23-C1-04512.0400
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6534.0
  • Tax Block: 4512
  • Tax Lot: 40
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Feb 13, 2019
Sold by
Paulenjane Llc
Bought by
Rystedt Eric T and Rystedt Colleen P
Seller's Agent
Rhonda Keane Milligan
Miloff Aubuchon Realty Group
Buyer's Agent
Lynn Hesselbach
List Price
$450,000
Sold Price
$365,000
Premium/Discount to List
-$85,000
-18.89%
Current Estimated Value
$698,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,647
Avg. Annual Appreciation
9.90%
Original Mortgage
$292,000
Outstanding Balance
$258,782
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$417,862

Purchase Details

Closed on
Feb 19, 2015
Sold by
Roullard Paul L and Roullard Jane S
Bought by
Paulenjane Llc

Purchase Details

Closed on
Oct 8, 1999
Sold by
Whitney Ingrid E
Bought by
Williams Michael D and Williams Judith R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.81%
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
Rystedt Eric T $365,000 Omnione Title Services Llc
Paulenjane Llc -- None Available
Williams Michael D $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rystedt Eric T $292,000
Previous Owner Williams Michael David $124,000
Previous Owner Williams Michael David $25,000
Previous Owner Williams Michael David $124,000
Previous Owner Williams Michael D $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2019 02/13/19 Sold $365,000 -18.9% $202 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
04/02/2018 04/02/18 For Sale $450,000 -- $248 / 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 $11,078 $535,566 -- --
2023 $11,078 $486,878 $0 $0
2022 $12,559 $789,985 $353,583 $436,402
2021 $7,583 $403,039 $226,238 $176,801
2020 $7,198 $365,798 $200,000 $165,798
2019 $7,163 $365,805 $202,600 $163,205
2018 $7,133 $369,828 $193,000 $176,828
2017 $6,534 $316,554 $206,000 $110,554
2016 $6,516 $313,318 $210,674 $102,644
2015 $6,678 $314,015 $183,289 $130,726
2014 -- $246,607 $154,289 $92,318
2013 -- $243,300 $157,841 $85,459
Source: Public Records

Agents Affiliated with this Home

  • Rhonda Keane Milligan

    Seller's Agent in 2019

    Rhonda Keane Milligan

    Miloff Aubuchon Realty Group

    (239) 850-1359

    40 in this area

    298 Total Sales

    Rhonda Keane Milligan
    Section Image

  • L

    Buyer's Agent in 2019

    Lynn Hesselbach

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218025254

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C1-04512.0400

Florida Lee County Cape Coral 33914 Pelican

1500 SW 48th Terrace, Cape Coral, FL

This home is located at 1500 SW 48th Terrace, Cape Coral, FL 33914 since 02 April 2018 and is currently estimated at $698,647, approximately $385 per square foot. This property was built in 2000. 1500 SW 48th Terrace is a home located in Lee County with nearby schools including Cape 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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