NOT LISTED FOR SALE

Estimated Value: $1,028,429 - $1,204,000

4 Beds
3 Baths
2,442 Sq Ft
$462/Sq Ft Est. Value

Last Sold April 11, 2023

Last sale price $1,280,000 $524 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,429/month

322 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of April 2023

Have you been wanting a NEW CONSTRUCTION GULF ACCESS HOME? well, here is your chance to have it without too much waiting! This LUXURIOUS unique Miami style modern home is truly one-of-a-kind! The home offers a modern open concept, 3 spacious bedrooms, 3 full bathrooms which include one in each bedroom, a large den/ office, beautiful 24x48 tiles throughout, specialty pavers on the pool deck, hurricane impact doors, sliders, and windows throughout the house and so much more! Enjoy your large lanai with separate outdoor BBQ kitchen area, large custom pool with spa, and best part about it is you can bring your boat right over and don't have to wait months for your dock to be built, it comes with it! Long-lasting metal roof, Italian quality Kitchen, data panel, and so many PRESTINE UPGRADES! Just a short scenic boat ride that takes you directly to the best restaurants in town without leaving your canal or continue on to the gulf for some cruising or fishing fun! C/O is expected before March 1st.

Last Agent to Sell the Property

Jackie Rodriguez

RE/MAX Trend License #258029862 Listed on: 05/09/2022

RE/MAX Trend

Last Buyer's Agent

German Vite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,756

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • South Facing Home
  • Fenced
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned RD-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,442 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Home Office
  • Tile Flooring
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Indoor Grill
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Canal Access
  • Outdoor Kitchen
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 4 / 3350
  • Assessor Parcel Number 10-45-23-C1-03350.0040

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,756

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.244
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Chiquita blvd turn on SW 40th Terrace, home will be to the left.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2022
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Gunite, In Ground
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Indoor Grill, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Bedroom on Main Level, Separate/Formal Dining Room, Eat-in Kitchen, Kitchen Island, Pantry, Tub Shower, Vaulted Ceiling(s), Home Office, Split Bedrooms
  • Living Area: 2442.0
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fence, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen
  • Property Condition: Under Construction
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 10-45-23-C1-03350.0040
  • Zoning Description: RD-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1756.0
  • Tax Block: 3350
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2022
Closed on
Apr 11, 2023
Sold by
1511 Sw 40Th Terr Llc
Bought by
Milanov Venko and Milanova Anita
Seller's Agent
Jackie Rodriguez
RE/MAX Trend
Buyer's Agent
German Vite
List Price
$1,480,000
Sold Price
$1,280,000
Premium/Discount to List
-$200,000
-13.51%
Views
8
Current Estimated Value
$1,127,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,893
Avg. Annual Appreciation
-4.57%
Original Mortgage
$1,152,000
Outstanding Balance
$1,126,114
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$20,643

Purchase Details

Closed on
May 26, 2021
Sold by
Farley William and Farley S
Bought by
1511 Sw 40 Terr Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
2.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2019
Sold by
Farley William J and Farley Shirley M
Bought by
Farley William J and Farley Shirley M

Purchase Details

Closed on
Jan 12, 2005
Sold by
Shave Richard E and Shave Ruth L
Bought by
Farley William J and Farley Shirley M

Purchase Details

Closed on
Apr 4, 2001
Sold by
Figueroa Efraina Reyes and Reyes Carlos
Bought by
Agles Jim and Agles Kelli
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
Milanov Venko $1,280,000 None Listed On Document
1511 Sw 40 Terr Llc $206,000 Attorney
Farley William J -- Attorney
Farley William J $250,000 Executive Title Ins Svcs Inc
Agles Jim $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milanov Venko $1,152,000
Previous Owner Solid Investment Group 7 Llc $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2023 04/11/23 Sold $1,280,000 -7.2% $524 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
12/12/2022 12/12/22 Price Changed $1,380,000 -6.8% $565 / Sq Ft
05/09/2022 05/09/22 For Sale $1,480,000 -- $606 / 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 $3,460 $901,681 $232,988 $569,328
2023 $3,460 $166,344 $0 $0
2022 $3,685 $151,222 $151,222 $0
2021 $3,123 $101,064 $101,064 $0
2020 $2,862 $91,064 $85,000 $6,064
2019 $2,899 $111,064 $105,000 $6,064
2018 $2,817 $106,064 $100,000 $6,064
2017 $2,778 $110,064 $104,000 $6,064
2016 $2,757 $110,064 $110,064 $0
2015 $2,656 $103,064 $103,064 $0
2014 -- $88,464 $88,464 $0
2013 -- $76,464 $76,464 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222035148

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C1-03350.0040