NOT LISTED FOR SALE

1507 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $426,000 - $541,000

3 Beds
2 Baths
2,327 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 1507 SW 40th Terrace, Cape Coral, FL 33914 and is currently estimated at $474,539, approximately $203 per square foot. 1507 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2024
Sold by
Cwabs Inc Asset-Backed Certificates Seri and Bank Of New York Mellon
Bought by
Zabel David Roland and Zabel Sally Ann
Current Estimated Value
$483,546

Purchase Details

Closed on
Feb 21, 2024
Sold by
Tomaselli Gregory J
Bought by
Bank Of Ny Mellon and Cwabs Inc

Purchase Details

Closed on
May 24, 1996
Sold by
Alexander Paul H and Alexander Barbara L
Bought by
Tomaselli Gregory J and Tomaselli Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.93%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Zabel David Roland $446,500 None Listed On Document
Bank Of Ny Mellon $411,100 --
Tomaselli Gregory J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomaselli Gregory J $581,000
Previous Owner Tomaselli Gregory J $457,000
Previous Owner Tomaselli Gregory J $344,000
Previous Owner Tomasselli Gregory J $226,000
Previous Owner Tomasselli Gregory J $160,000
Previous Owner Tomaselli Gregory J $120,000
Source: Public Records

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 $9,039 $386,701 $219,800 $161,777
2023 $9,039 $458,559 $0 $0
2022 $8,205 $416,872 $151,259 $265,613
2021 $1,516 $280,200 $99,717 $180,483
2020 $1,370 $146,189 $0 $0
2019 $1,348 $142,902 $0 $0
2018 $1,333 $140,237 $0 $0
2017 $1,330 $137,353 $0 $0
2016 $1,337 $211,697 $106,626 $105,071
2015 $1,299 $195,308 $99,370 $95,938
2014 -- $184,493 $84,935 $99,558
2013 -- $169,405 $71,338 $98,067
Source: Public Records

Map

Florida Lee County Cape Coral 33914 Pelican

1507 SW 40th Terrace, Cape Coral, FL

This home is located at 1507 SW 40th Terrace, Cape Coral, FL 33914 and is currently estimated at $474,539, approximately $203 per square foot. 1507 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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