NOT LISTED FOR SALE

1507 SW 38th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $334,960 - $444,000

4 Beds
2 Baths
1,828 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $272,000 $149 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,534/month

22 Days on Market

Highlights

  • High Ceiling
  • No HOA
  • Porch
  • Cape Elementary School Rated A-
  • Shutters
  • 2 Car Attached Garage

About This Home

As of May 2021

This is a lovely 4 BR / 2 Bath home in the highly desired SW Cape Coral. Built in 2016 it is spacious and available for the Retiree, Investor, First Time-Buyer, or if you are relocating from the North.
It is close to Schools, Shopping, Churches and the Amazing Beaches of SW Florida!
The Master BR is spacious, and the floor plan is open. Cooking and Entertaining is great here.
With 3 Guest Bedrooms, one could be used as a Home Office or den with plenty of natural lighting.
City Utilities are IN at this home and Paid for!

Last Agent to Sell the Property

Barry Goettemoeller

RE/MAX Realty Team License #258019406 Listed on: 03/13/2021

RE/MAX Realty Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,004

Year Built

  • Built in 2016

Lot Details

  • 10,019 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 47 / 3269
  • Assessor Parcel Number 03-45-23-C4-03269.0470

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,004

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2016
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Interior Amenities: Entrance Foyer, Family/Dining Room, High Ceilings, Living/Dining Room, Shower Only, Separate Shower, Split Bedrooms
  • Living Area: 1828.0
  • Stories: 1
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Room For Pool, Shutters Manual
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • 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
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 03-45-23-C4-03269.0470
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4004.0
  • Tax Block: 3269
  • Tax Lot: 47
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 5, 2021
Sold by
Morgenstern Izhak and Morgenstern Maly
Bought by
Marshall Kirby L and Marshall Kirby L
Seller's Agent
Barry Goettemoeller
RE/MAX Realty Team
List Price
$272,000
Sold Price
$272,000
Current Estimated Value
$380,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,490
Avg. Annual Appreciation
7.74%
Original Mortgage
$202,500
Outstanding Balance
$185,454
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$189,645

Purchase Details

Closed on
Sep 23, 2016
Sold by
D R Horton Inc
Bought by
Mogensten Izhak and Mogensten Maly

Purchase Details

Closed on
Apr 21, 2016
Sold by
Royal Sw Holdings Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
Dec 23, 2015
Sold by
Arias Arturo and Arias Elda
Bought by
Royal Southwest Holdings Llc

Purchase Details

Closed on
Oct 8, 1998
Sold by
Contreras Nathan
Bought by
Arias Arturo and Arias Elda
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
Marshall Kirby L $272,000 All American Title Svcs Llc
Mogensten Izhak $213,374 Dhi Titleof Florida Inc
D R Horton Inc $32,000 Dhi Title Of Florida Inc
Royal Southwest Holdings Llc $20,000 Title Junction Llc
Arias Arturo $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marshall Kirby L $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $272,000 0.0% $149 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $272,000 0.0% $149 / Sq Ft
01/02/2019 01/02/19 For Rent $1,495 -- --
01/02/2019 01/02/19 Rented -- -- --
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 $5,526 $296,336 $59,560 $232,573
2023 $5,885 $319,222 $63,459 $252,115
2022 $5,449 $301,729 $48,852 $252,877
2021 $4,219 $209,389 $32,000 $177,389
2020 $4,004 $189,757 $27,850 $161,907
2019 $3,801 $180,079 $29,000 $151,079
2018 $3,900 $181,683 $22,000 $159,683
2017 $3,767 $171,200 $17,000 $154,200
2016 $537 $17,000 $17,000 $0
2015 $390 $11,700 $11,700 $0
2014 -- $6,600 $6,600 $0
2013 -- $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Barry Goettemoeller

    Seller's Agent in 2021

    Barry Goettemoeller

    RE/MAX

    (239) 313-8385

    18 in this area

    204 Total Sales

    Barry Goettemoeller
    Section Image

  • N

    Seller's Agent in 2019

    Noydes Mas

    Marzucco Real Estate

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221019167

Florida Gulf Coast Multiple Listing Service

APN: 03-45-23-C4-03269.0470

Florida Lee County Cape Coral 33914 Pelican

1507 SW 38th Terrace, Cape Coral, FL

This home is located at 1507 SW 38th Terrace, Cape Coral, FL 33914 since 13 March 2021 and is currently estimated at $380,490, approximately $208 per square foot. This property was built in 2016. 1507 SW 38th 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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