NOT LISTED FOR SALE

1607 NW 42nd Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $571,629 - $748,000

3 Beds
2 Baths
2,248 Sq Ft
$299/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $470,000 $209 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,928/month

53 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Pond

About This Home

As of November 2020

Stunning picturesque views with your first step through the front door! This meticulously kept gulf access canal home sits at the end of a 195-foot wide canal that allows you to experience abundant wildlife right in your own backyard. Get out to the Gulf of Mexico without any bridges! Captain’s walk boat dock with 10,000 lb. boat lift recently updated with composite decking. The spacious split floor plan of this 3 bedroom, 2 bathroom home helps to keep the owner’s suite private. Enter oversized owner’s suite through double glass doors to find a large walk-through shower, jetted soaker tub, double vanities, double linen closets, huge split walk-in closet, and sliders to the lanai. Truly a room to relax in! Plantation shutters, vaulted ceilings, new carpet, and tray ceilings throughout! Large eat-in-kitchen with 2 pantries, 42” cabinets, and built in desk. Plenty of closet space, 3 car garage, in-ground sprinklers, 3 sets of sliders, tiled lanai and driveway, and so much more! Truly a piece of paradise tucked away in a quiet, peaceful neighborhood west of Old Burnt Store Rd.

Last Agent to Sell the Property

Joseph Souto Llc

MVP Realty Associates LLC License #258023975 Listed on: 09/02/2020

Co-Listed By

Dawn Souto

Realty One Group MVP License #258027499

Last Buyer's Agent

Laura Vance PA

LPT Realty, LLC License #3360812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,940

Year Built

  • Built in 2001

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 125 x 78 x 112 x 129
  • Home fronts navigable water
  • West Facing Home
  • Oversized Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Slate Roof
  • Stucco

Interior Spaces

  • 2,248 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Single Hung Windows
  • Display Windows
  • Sliding Windows
  • Open Floorplan
  • Canal Views
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Canal Access
  • Pond
  • Open Patio
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 30 / 5256
  • Assessor Parcel Number 36-43-22-C3-05256.0300

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,940

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.272
  • Lot Size: 125 x 78 x 112 x 129
  • Co List Office Mls Id: FMVP
  • Co List Office Phone: (239) 963-4499
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Take Gulfstream West cross over Old Burnt Store make first right.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2001
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bathtub, Dual Sinks, Family/Dining Room, High Speed Internet, Jetted Tub, Living/Dining Room, Separate Shower, Cable TV, Split Bedrooms
  • Living Area: 2248.0
  • Stories: 1
  • Window Features: Display Window(s), Single Hung, Sliding
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot, Pond, Sprinklers Automatic
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation, Room For Pool
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Slate

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid, Septic Tank
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 36-43-22-C3-05256.0300
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3940.0
  • Tax Block: 5256
  • Tax Lot: 30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 25, 2020
Sold by
Drummond Larry E and Drummond Linda M
Bought by
Lewis Heath and Lewis Michelle
Seller's Agent
Joseph Souto Llc
MVP Realty Associates LLC
Buyer's Agent
Laura Vance PA
LPT Realty, LLC
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Current Estimated Value
$671,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,407
Avg. Annual Appreciation
7.52%
Original Mortgage
$329,000
Outstanding Balance
$292,763
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$378,644

Purchase Details

Closed on
Jul 20, 2000
Sold by
Silver Stuart and Lazar Robert
Bought by
Drummond Larry E and Drummond Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,920
Interest Rate
8.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1998
Sold by
Clerk Circuit Court
Bought by
Silver Stuart and Lazar Robert
Source: Public Records

Range of Values:

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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
Lewis Heath $470,000 Realty Title Solutions
Drummond Larry E $22,000 --
Silver Stuart $8,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Heath $329,000
Previous Owner Silver Stuart $168,000
Previous Owner Silver Stuart $162,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $470,000 -1.1% $209 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $475,000 -- $211 / 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 $4,970 $385,434 -- --
2024 $4,970 $297,368 -- --
2023 $4,825 $288,707 $0 $0
2022 $4,536 $280,298 $0 $0
2021 $4,670 $350,644 $90,278 $260,366
2020 $4,060 $230,388 $0 $0
2019 $3,940 $225,208 $0 $0
2018 $3,932 $221,009 $0 $0
2017 $3,918 $216,463 $0 $0
2016 $3,835 $259,181 $91,033 $168,148
2015 $3,868 $253,501 $104,553 $148,948
2014 $3,869 $250,281 $72,826 $177,455
2013 -- $205,779 $55,004 $150,775
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joseph Souto Llc

    MVP Realty Associates LLC

    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Dawn Souto

    Realty One Group MVP

    Section Image

  • L

    Buyer's Agent in 2020

    Laura Vance PA

    LPT Realty, LLC

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220055092

Florida Gulf Coast Multiple Listing Service

APN: 36-43-22-C3-05256.0300

Florida Lee County Cape Coral 33993 Burnt Store

1607 NW 42nd Place, Cape Coral, FL

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