NOT LISTED FOR SALE

156 SW 47th Terrace Unit 1-2 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $275,241 - $396,000

3 Beds
2 Baths
1,991 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $150,000 $75 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,042/month

44 Days on Market

Highlights

  • Oversized Lot
  • Patio
  • Forced Air Zoned Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Outdoor Storage

About This Home

As of July 2016

ATTENTION INVESTORS Desirable 3-Bedroom/2-Bath South Cape Coral Duplex with Attached Covered Carport; GREAT Tenants-in-Place with $1,330 per month in Gross Income ($595 from 1-Bedroom/1-Bath Tenant #1 on Month-to-Month Agreement and $735 from 2-Bedroom/1-Bath Tenant #2 on 2-year Lease). Park-like Views of adjacent Vacant Corner Lot that can not be built on. Walking-distance to Public Transportation and Publix Grocery/Liquor Stores; Convenient to the Shopping, Restaurants and Entertainment Venues of Downtown Cape Coral and Fort Myers. Purchase-and-Sale subject to Lease-in-Place.

Last Agent to Sell the Property

Peter Spiropoulos

Premiere Plus Realty Company License #258015064 Listed on: 05/11/2016

Premiere Plus Realty Company

Co-Listed By

Johanna Spiropoulos

Premiere Plus Realty Company License #251501482

Last Buyer's Agent

Vladimir Quintana

MAKS Realty Inc License #258013214

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,180

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 133 x 80 x 133
  • Privacy Fence
  • Oversized Lot
  • Manual Sprinklers System

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,991 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone, water
  • Legal Lot and Block 59 / 161
  • Assessor Parcel Number 11-45-23-C3-00161.0590

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,323
  • Net Operating Income $11,637

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,180

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.25
  • Lot Size: 80 x 133 x 80 x 133
  • Road Surface Type: Paved
  • Co List Office Mls Id: NPPR
  • Co List Office Phone: 239-732-7837
  • Subdivision Name: CAPE CORAL
  • Directions: Take Cape Coral Parkway to Santa Barbara Boulevard; Turn north on to Santa Barbara Boulevard for 1 (one) Block and turn left on to SW 47th Terrace; Proceed west past Publix on SW 47th Terrace to #156 on left.
  • Architectural Style: Other, Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1972
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot, See Remarks, Sprinklers Manual
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Foreign Seller, Seller Disclosure
  • Construction Type: Brick, Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Patio, Privacy Wall, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-23-C3-00161.0590
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, See Remarks, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 11637.0
  • Annual Operating Expense: 4323.0

Tax Info

  • Tax Annual Amount: 2180.0
  • Tax Block: 161
  • Tax Lot: 59
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2017
Sold by
Rodriguez Manuel M
Bought by
Hernandez Yanet
Current Estimated Value
$337,310

Purchase Details

Listed on
May 11, 2016
Closed on
Jul 22, 2016
Sold by
Dibben Peter W
Bought by
Rodrigue Manuel M
Seller's Agent
Peter Spiropoulos
Premiere Plus Realty Company
Buyer's Agent
Vladimir Quintana
MAKS Realty Inc
List Price
$152,900
Sold Price
$150,000
Premium/Discount to List
-$2,900
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Aug 16, 2010
Sold by
Lozano Romulo M and Lozano Bertha M
Bought by
Dibbon Peter W

Purchase Details

Closed on
Oct 16, 2001
Sold by
King Dale R
Bought by
Lozano Romulo M and Lozano Bertha M

Purchase Details

Closed on
Jan 15, 1999
Sold by
Green Claudia
Bought by
King Dale R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.72%
Mortgage Type
Commercial
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
Hernandez Yanet -- Attorney
Rodrigue Manuel M $150,000 Title Guaranty Agency Llc
Dibbon Peter W $75,000 Fidelity Natl Title Ins Co
Lozano Romulo M $90,000 --
King Dale R $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Dale R $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2016 07/25/16 Sold $150,000 -1.9% $75 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $152,900 -- $77 / 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
2025 $3,318 $170,877 -- --
2024 $3,052 $160,802 -- --
2023 $3,052 $151,409 $0 $0
2022 $2,779 $142,718 $0 $0
2021 $2,545 $142,975 $42,000 $100,975
2020 $2,454 $128,392 $40,000 $88,392
2019 $3,005 $120,320 $40,000 $80,320
2018 $3,051 $121,126 $40,000 $81,126
2017 $2,909 $113,056 $25,000 $88,056
2016 $2,389 $98,224 $25,000 $73,224
2015 $2,180 $84,106 $15,200 $68,906
2014 $1,967 $68,698 $11,800 $56,898
2013 -- $61,302 $9,800 $51,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216032036

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C3-00161.0590