NOT LISTED FOR SALE

1611 NW 38th Ave Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $707,000 - $929,000

0.23 Acre
$3,563,465 Price per Acre
10,019 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $50,000

Est. 1,539% increase in value since last sale

Current estimated payment $5,280/month

Highlights

  • Boat Dock
  • Waterfront
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal Access

About This Lot

As of June 2020

This is a Great location to build your future home on one of the lowest priced gulf access lots available in the area. The lot sits on the 125 wide Paraguay canal. It is close to Pine Island road with easy access to shopping or enjoy entertainment in Matlacha or Pine Island and you have easy access to Fort Myers and Punta Gorda. As an extra bonus for golfing enthusiasts, you are just a few minutes away from the Coral Oaks golf course.

Last Agent to Sell the Property

Dan Colofranson

Century 21 Selling Paradise License #252000185 Listed on: 06/05/2020

Century 21 Selling Paradise

Last Buyer's Agent

Gislind Vercher

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,165

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • West Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Water Views

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 36 / 4313
  • Assessor Parcel Number 31-43-23-C4-04313.0360

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,165

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Take Burnt Store road to Gulfstream Pkwy, go to NW 38th Ave and make a right, the lot will be on the right side.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 31-43-23-C4-04313.0360
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1165.0
  • Tax Block: 4313
  • Tax Lot: 36
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Yotis Victor and Yotis Lisa
Bought by
Yotis Victor and Yotis Lisa
Current Estimated Value
$819,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,320
Outstanding Balance
$404,059
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$415,538

Purchase Details

Listed on
Jun 5, 2020
Closed on
Jun 25, 2020
Sold by
Osteen Sandra M
Bought by
Yotis Victor
Seller's Agent
Dan Colofranson
Century 21 Selling Paradise
Buyer's Agent
Gislind Vercher
List Price
$53,875
Sold Price
$50,000
Premium/Discount to List
-$3,875
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.85%

Purchase Details

Closed on
Jun 18, 2001
Sold by
Knaus Olga S and Knaus Elmer J
Bought by
Martinez Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yotis Victor -- Townsend Title Ins Agcy Llc
Yotis Victor $50,000 Fidelity Natl Ttl Of Fl Inc
Martinez Jean $14,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yotis Victor $445,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $50,000 -7.2% --
06/05/2020 06/05/20 For Sale $53,875 -- --
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 $11,631 $600,452 $132,430 $391,290
2024 $1,843 $725,467 $117,012 $502,553
2023 $1,843 $58,080 $0 $0
2022 $1,392 $52,800 $0 $0
2021 $1,183 $48,000 $48,000 $0
2020 $1,140 $45,000 $45,000 $0
2019 $1,165 $52,000 $52,000 $0
2018 $1,133 $52,000 $52,000 $0
2017 $1,029 $44,090 $44,090 $0
2016 $984 $45,000 $45,000 $0
2015 $928 $43,000 $43,000 $0
2014 -- $36,000 $36,000 $0
2013 -- $25,600 $25,600 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dan Colofranson

    Century 21 Selling Paradise

    Section Image

  • G

    Buyer's Agent in 2020

    Gislind Vercher

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220035419

Florida Gulf Coast Multiple Listing Service

APN: 31-43-23-C4-04313.0360

Florida Lee County Cape Coral 33993 Burnt Store

1611 NW 38th Ave, Cape Coral, FL

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