A
Seller's Agent in 2024
Alex Greenwood
Realty One Group MVP
1609 SE 40th Terrace Cape Coral, FL 33904
Caloosahatchee NeighborhoodEstimated Value: $626,000 - $724,161
3
Beds
3
Baths
1,758
Sq Ft
$383/Sq Ft
Est. Value
Highlights
- Dock made with concrete
- Boating
- Concrete Pool
- Cape Elementary School Rated A-
- Home fronts navigable water
- Canal View
About This Home
As of March 2024You will fall in love with this luxurious Rutenberg home on a large beautifully landscaped lot with direct Gulf access. With only minutes to the open waters of the river you’ll spend your days on the Gulf and your evenings relaxing in the pool on your large lanai or watching the boats go by from your concrete deck overlooking the wide canal with 200 feet of canal frontage. The large open living area features windows on both sides, letting in plenty of natural light, and a custom cork wall with wine shelving. The kitchen was made for entertaining (redone 5 years ago) with warm wood cabinets, SS appliances, including a gas stove, and a huge breakfast bar with extra seating that flows into the family room where you will find a charming built in dinette with banquette seating and a table top matching the kitchen counters. The spacious main bedroom features corner sliders allowing great views of the pool and yard and an ensuite with a custom vanity. The guest bath can be conveniently accessed from the pool area and boasts tile walls from floor to ceiling and a stunning stained glass insert in the door. The third bedroom had another private bath, making it perfect for an in-law suite or a private home office.
Last Agent to Sell the Property
Alex Greenwood
Realty One Group MVP License #NAPLES-258017280 Listed on: 01/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,415
Year Built
- Built in 1968
Lot Details
- 0.37 Acre Lot
- Lot Dimensions: 141
- Home fronts navigable water
- Home fronts a canal
- North Facing Home
- Fenced
- Paved or Partially Paved Lot
- Sprinkler System
- Property is zoned R1-W
Parking
- 2 Car Attached Garage
Property Views
- Canal
- Pool
Home Design
- Entry on the 1st floor
- Concrete Block With Brick
- Metal Roof
- Stone Exterior Construction
- Stucco
Interior Spaces
- 1,758 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Single Hung Windows
- Sliding Windows
- Great Room
- Family or Dining Combination
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Built-In or Custom Kitchen Cabinets
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 3 Full Bathrooms
- Shower Only
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Concrete Pool
- In Ground Pool
- Pool Equipment Stays
Outdoor Features
- No Fixed Bridges
- Dock made with concrete
- Pond
- Deck
Utilities
- Central Heating and Cooling System
- Propane
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 07-45-24-C2-00390.0060
- Tax Block 390
Community Details
Overview
- Cape Coral Community
Recreation
- Boating
- Gulf Boat Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 26, 2024
Sold by
Brennan James R and Brennan Patricia A
Bought by
Morgan Stephen and Morgan Melissa
Seller's Agent
Alex Greenwood
Realty One Group MVP
Buyer's Agent
Michal Showalter
Home Team Advantage Realty
List Price
$725,000
Sold Price
$600,000
Premium/Discount to List
-$125,000
-17.24%
Views
66
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,040
Avg. Annual Appreciation
7.49%
Purchase Details
Closed on
May 14, 2014
Sold by
Brennan Susan Anne
Bought by
Brennan James Robert
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morgan Stephen | $600,000 | Omega National Title | |
| Brennan James Robert | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/27/2024 03/27/24 | Sold | $600,000 | -7.6% | $341 / Sq Ft |
| 03/10/2024 03/10/24 | Pending | -- | -- | -- |
| 02/28/2024 02/28/24 | Price Changed | $649,000 | -10.5% | $369 / Sq Ft |
| 01/03/2024 01/03/24 | For Sale | $725,000 | -- | $412 / Sq Ft |
Source: Naples Area Board of REALTORS®
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 | $12,170 | $502,839 | $441,945 | $37,966 |
| 2024 | $12,170 | $707,309 | -- | -- |
| 2023 | $11,052 | $643,008 | $409,609 | $183,695 |
| 2022 | $4,298 | $265,730 | $0 | $0 |
| 2021 | $4,415 | $331,119 | $236,257 | $94,862 |
| 2020 | $4,492 | $254,428 | $0 | $0 |
| 2019 | $4,362 | $248,708 | $0 | $0 |
| 2018 | $4,344 | $243,392 | $0 | $0 |
| 2017 | $4,405 | $244,619 | $0 | $0 |
| 2016 | $4,279 | $238,996 | $182,515 | $56,481 |
| 2015 | $4,323 | $235,199 | $181,843 | $53,356 |
| 2014 | $4,384 | $282,402 | $185,818 | $96,584 |
| 2013 | -- | $280,391 | $200,194 | $80,197 |
Source: Public Records
Agents Affiliated with this Home
-
-
Shasta DeGraw
Seller Co-Listing Agent in 2024
Shasta DeGraw
Realty One Group MVP
(239) 785-5546
2 in this area
94 Total Sales
-
Michal Showalter
Buyer's Agent in 2024
Michal Showalter
Home Team Advantage Realty
(239) 370-0263
1 in this area
70 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 224000407
APN: 07-45-24-C2-00390.0060
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The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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