1608 SE 40th Terrace Cape Coral, FL 33904
Caloosahatchee NeighborhoodEstimated Value: $895,000 - $2,313,364
4
Beds
4
Baths
5,261
Sq Ft
$323/Sq Ft
Est. Value
About This Home
This home is located at 1608 SE 40th Terrace, Cape Coral, FL 33904 and is currently estimated at $1,700,841, approximately $323 per square foot. 1608 SE 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 26, 2018
Sold by
West Clark L and West Cornel J
Bought by
Pena Irvin
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$304,592
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,396,249
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pena Irvin | $500,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pena Irvin | $350,000 |
Source: Public Records
Tax History Compared to Growth
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 | $20,067 | $735,303 | -- | -- |
| 2024 | $14,218 | $668,457 | -- | -- |
| 2023 | $14,218 | $607,688 | $0 | $0 |
| 2022 | $12,375 | $552,444 | $0 | $0 |
| 2021 | $10,460 | $657,691 | $245,564 | $412,127 |
| 2020 | $8,224 | $411,828 | $216,900 | $194,928 |
| 2019 | $9,626 | $490,145 | $210,690 | $279,455 |
| 2018 | $9,365 | $465,113 | $193,500 | $271,613 |
| 2017 | $10,347 | $534,554 | $171,000 | $363,554 |
| 2016 | $9,278 | $448,343 | $176,181 | $272,162 |
| 2015 | $9,996 | $473,607 | $176,580 | $297,027 |
| 2014 | $12,150 | $564,596 | $174,035 | $390,561 |
| 2013 | -- | $604,396 | $221,786 | $382,610 |
Source: Public Records
Map
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