NOT LISTED FOR SALE

1508 SW 50th St Unit 102 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $238,000 - $256,000

2 Beds
2 Baths
1,280 Sq Ft
$235/mo HOA Fee

Last Sold October 24, 2022

Last sale price $315,000 $246 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,982/month

39 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Community Pool
  • Cape Elementary School Rated A-
  • Open Floorplan
  • Hurricane or Storm Shutters

About This Home

As of October 2022

THIS IS THE ONLY ONE! And it won't last long... This beautiful, much sought after first floor unit in Porto Vista in the most desirable SW Cape Coral area has 1280 sq ft, 2-bedrooms, 2-bathrooms. This luxury condo is one of the larger units in the community, offering an open concept floor plan you’ll absolutely love! Immediately upon entering the unit, you are welcomed into a spacious great living/dining room with high ceilings, and a beautiful kitchen with granite counter tops. Enjoy your morning coffee or afternoon cold beverage on the screened-in lanai, which has a large storage closet. And walk right out your lanai and over to the pool and clubhouse. The Master suite has high ceilings, a large walk-in closet, generous bathroom with walk-in shower and dual vanities. This premier Mediterranean-style Porto Vista gated community features a heated resort style community pool, fitness center, clubhouse, and picnic area all surrounded by lush landscaping. Each building includes an elevator and secured common foyer. Conveniently located close to an array of stores, dining, entertainment, and just a short distance to Cape Harbour with waterfront dining, boutiques and marina. Or take a drive to the local beaches... and so much more! Ideal location to enjoy the Florida lifestyle seasonally or year-round. Don't miss out on the opportunity to call this residence YOUR OWN!

Last Agent to Sell the Property

Rick Cusack, Jr

MARCUS & COMPANY REALTY License #3382238 Listed on: 08/31/2022

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 2003

Lot Details

  • 8,712

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, insurance, maintenance structure, ground maintenance, private road, recreational facilities, trash, water
  • Vesta Property Management Association, Phone Number (239) 573-3225
  • Porto Vista Condo 01 Subdivision
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 35 lbs
  • 1 Pet Allowed

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,828

Year Built

Built in 2003

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • HOA Fee Includes: Community Pool, Insurance, Maintenance Structure, Maintenance Grounds, Private Road, Recreational Facilities, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1280
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 2003
  • Lot Size Sq Ft: 8595
  • Directions to Property: From Chiquita Blvd S, turn left onto SW 50th St, soon after SW 15th Pl will be the gated entrance to Porto Vista Condominiums on the right-hand side.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4546730?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4546730?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91067
  • Price per Sq Ft: 246.09
  • Close to Original List Price Ratio: 0.87744
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 1508
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Hurricane Shutters, Sidewalk, Sliding Doors
  • Roof: Metal, Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Sidewalk
  • Association Fee: 235
  • Association Fee Frequency: Monthly
  • Association Name: Vesta Property Management
  • Phone: 239-573-3225
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 220
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 220
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5460
  • Monthly HOA Fee: 235
  • Total Monthly Fees: 455

Lot Info

  • Zoning: RESI
  • Parcel Number: 15-45-23-C1-02301.0102
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 35
  • Minimum Lease: 1 Month
  • Approval Process: Association application process is NOT required
  • Num Timesper Year: 12
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer/Buyers Agent to verify/confirm association rules regarding leasing.

Tax Info

  • Tax Annual Amount: 2828.1
  • Tax Block: 2301
  • Tax Book Number: 1/1
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 24, 2022
Sold by
Sterious Jami and Sterious John C
Bought by
Brooks Doug and Brooks Regina
Seller's Agent
Rick Cusack, Jr
MARCUS & COMPANY REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$359,000
Sold Price
$315,000
Premium/Discount to List
-$44,000
-12.26%
Current Estimated Value
$246,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$68,122
Avg. Annual Appreciation
-7.20%

Purchase Details

Closed on
Oct 26, 2021
Sold by
Sterious Jami and Lentini Jami
Bought by
Sterious Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2015
Closed on
May 27, 2016
Sold by
Dougherty Thomas W
Bought by
Lentini Jami
Seller's Agent
Crystal Wiser
RE/MAX Realty Group
Buyer's Agent
Richard Moore
List Price
$159,900
Sold Price
$149,000
Premium/Discount to List
-$10,900
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$110,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2013
Sold by
Maccari William and Maccari Rosemarie
Bought by
Dougherty Thomas W and The Thomas W Dougherty Revocable Living

Purchase Details

Closed on
Mar 17, 2010
Sold by
Maccari Rosemarie
Bought by
Maccari Rosemarie and Maccari William

Purchase Details

Closed on
Jan 4, 2008
Sold by
Speeks Sam L
Bought by
Maccari Rosemarie

Purchase Details

Closed on
Sep 30, 2003
Sold by
Harbour Dev L L C
Bought by
Munroe Clifton I and Speeks Sam L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.32%
Source: Public Records

Range of Values:

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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
Brooks Doug $315,000 Premium Title Services
Sterious Jami -- Talon Title Services Llc
Lentini Jami $149,000 Premier Land Title Llc
Dougherty Thomas W $100,000 Premier Land Title Llc
Maccari Rosemarie -- Attorney
Maccari Rosemarie $157,000 Srs Title Services Inc
Munroe Clifton I $133,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Doug $619,500
Closed Brooks Doug $652,500
Previous Owner Sterious Jami $160,000
Previous Owner Lentini Jami $110,000
Previous Owner Munroe Clifton I $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $315,000 -8.9% $246 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $345,900 -3.6% $270 / Sq Ft
08/31/2022 08/31/22 For Sale $359,000 +140.9% $280 / Sq Ft
05/27/2016 05/27/16 Sold $149,000 -6.8% $116 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $159,900 -- $125 / Sq Ft
Source: Stellar MLS

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 $4,818 $255,206 -- $255,206
2023 $4,818 $273,822 $0 $225,811
2022 $3,243 $159,869 $0 $0
2021 $2,828 $145,335 $0 $145,335
2020 $1,280 $95,749 $0 $0
2019 $1,234 $93,596 $0 $0
2018 $1,220 $91,851 $0 $0
2017 $1,185 $89,962 $0 $0
2016 $2,714 $130,245 $0 $130,245
2015 $2,608 $127,900 $0 $127,900
2014 -- $105,600 $0 $105,600
2013 -- $98,200 $0 $98,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4546730

Stellar MLS

APN: 15-45-23-C1-02301.0102