NOT LISTED FOR SALE

1508 NW 16th Terrace Cape Coral, FL 33993

Mariner Neighborhood

Estimated Value: $34,000 - $216,000

0.34 Acre
$339,148 Price per Acre
14,985 Sq Ft Lot

Last Sold December 03, 2021

Last sale price $22,500

Est. 423% increase in value since last sale

Current estimated payment $711/month

102 Days on Market

About This Lot

As of December 2021

Very nice location! Check out this gorgeous oversized triple lot in NW Cape! Just minutes fromshopping, dining, bars,and Pine Island.

Last Agent to Sell the Property

Reed Schweizer

Gulf Gateway Realty, Inc. License #274502628 Listed on: 07/23/2021

Last Buyer's Agent

Stephen Soloway

Epique Realty, Inc. License #258026581

Epique Realty, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • North Facing Home
  • Oversized Lot

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2924B
  • Assessor Parcel Number 34-43-23-C4-02924.B040

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.344
  • Lot Size: 120 x 125 x 120 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: From Pine Island Rd, Head north on Chiquita Blvd S toward SW 6th Terrace. Turn right onto NW 16th Terrace. Lot will be on the right.
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 34-43-23-C4-02924.B040
  • Zoning Description: C
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 583.0
  • Tax Block: 2924B
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Dec 1, 2021
Sold by
Estero Development Parnters
Bought by
O G Investment Llc
Seller's Agent
Reed Schweizer
Gulf Gateway Realty, Inc.
Buyer's Agent
Stephen Soloway
Epique Realty, Inc.
List Price
$34,900
Sold Price
$22,500
Premium/Discount to List
-$12,400
-35.53%
Current Estimated Value
$117,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,083
Avg. Annual Appreciation
52.34%

Purchase Details

Closed on
Jan 15, 2021
Sold by
Ryapolov Audrey
Bought by
Estero Development Partners Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2013
Sold by
Land800 Llc
Bought by
Ryapolov Andrey

Purchase Details

Closed on
May 1, 2013
Sold by
Tarpon Iv Llc
Bought by
Land800 Llc

Purchase Details

Closed on
Apr 21, 2010
Sold by
County Of Lee
Bought by
Tarpon Iv Llc

Purchase Details

Closed on
Jan 10, 2007
Sold by
Melendez Pedro A
Bought by
Melendez Ivan A
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
O G Investment Llc $21,500 Shemtov Title Llc
Estero Development Partners Lp $10,500 Attorney
Ryapolov Andrey $7,500 None Available
Land800 Llc $22,500 None Available
Tarpon Iv Llc $4,345 None Available
Melendez Ivan A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estero Development Partners Lp $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $22,500 -35.5% --
11/03/2021 11/03/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $34,900 -- --
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 $1,124 $29,282 -- --
2024 $980 $26,620 -- --
2023 $980 $24,200 $0 $0
2022 $819 $22,000 $22,000 $0
2021 $631 $11,000 $11,000 $0
2020 $583 $9,400 $9,400 $0
2019 $569 $11,000 $11,000 $0
2018 $560 $11,000 $11,000 $0
2017 $523 $12,032 $12,032 $0
2016 $457 $7,700 $7,700 $0
2015 $415 $7,100 $7,100 $0
2014 $349 $6,100 $6,100 $0
2013 -- $5,100 $5,100 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Reed Schweizer

    Gulf Gateway Realty, Inc.

    (239) 229-5948

    16 in this area

    103 Total Sales

    Reed Schweizer
    Section Image
  • Stephen Soloway

    Buyer's Agent in 2021

    Stephen Soloway

    Epique Realty, Inc.

    (239) 677-1620

    15 in this area

    103 Total Sales

    Stephen Soloway
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221053572

Florida Gulf Coast Multiple Listing Service

APN: 34-43-23-C4-02924.B040

Florida Lee County Cape Coral 33993 Mariner

1508 NW 16th Terrace, Cape Coral, FL

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