NOT LISTED FOR SALE

1617 SE 40th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $695,224 - $810,000

3 Beds
2 Baths
2,171 Sq Ft
$347/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $830,000 $382 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,795/month

90 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Waterfront
  • Cape Elementary School Rated A-
  • Two Primary Bedrooms
  • Canal Access

About This Home

As of March 2022

SEAS THE DAY! This Boater's Paradise features a wide 200' sailboat canal with a short STRAIGHTLINE access to river then Gulf. Situated on an up-and-coming street and friendly neighborhood, conveniently located near the heart of Cape Coral, this quality built 3/2 home (Rutenberg) is designed to provide true water views from all rooms. Its like-new large wraparound dock with marine composite decking and a 10K# aluminum lift, includes space for +40ft boat on its outer side. The home has been tastefully remodeled over the years and now features 2 master suites with both having walk-in closets, full views of pool and canal as well as slider lanai access. The larger of the two (25’x12’) has a bathroom jacuzzi bath with separate shower, the other a full shower. The updated kitchen features Blue Pearl granite from Norway throughout, SS appliances (2019), gas range with ducted hood, and a pass through at sink to Florida room (21’x13’) with full water views. Other upgrades include: blue granite gas fireplace, travertine tile floors, hurricane rated windows, new AC system & ducts (2020), plantation shutters, new lawn & lush mature landscaping, a wide paver driveway and paver walkways to dock.

Last Agent to Sell the Property

Michael Darda

Compass Florida LLC License #252000001 Listed on: 12/15/2021

Compass Florida LLC

Last Buyer's Agent

Renata Menendez

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,956

Year Built

  • Built in 1973

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

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

Interior Spaces

  • 2,171 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Sliding Windows
  • Open Floorplan
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

  • Lee County Schools Elementary And Middle School
  • Lee County Schools High School

Additional Features

  • Canal Access
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 11 / 390
  • Assessor Parcel Number 07-45-24-C2-00390.0110

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,956

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.229
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1973
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Area, Bathtub, Family/Dining Room, Fireplace, Jetted Tub, Kitchen Island, Living/Dining Room, Main Level Master, Multiple Master Suites, Separate Shower, Walk-In Closet(s)
  • Living Area: 2171.0
  • Stories: 1
  • Window Features: Sliding, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Driveway, Garage, Paved, Two Spaces

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: LEE COUNTY SCHOOLS
  • High School: LEE COUNTY SCHOOLS
  • Middle Or Junior School: LEE COUNTY SCHOOLS

Lot Info

  • Parcel #: 07-45-24-C2-00390.0110
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4956.0
  • Tax Block: 390
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Bertone Joseph and Meistrell-Bertone Veronica
Bought by
Bertone Joseph and Meistrell-Bertone Veronica
Current Estimated Value
$753,806

Purchase Details

Listed on
Dec 15, 2021
Closed on
Mar 16, 2022
Sold by
Michelle Palmer Lynn and Michelle Kip
Bought by
Bertone Joseph
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Renata Menendez
List Price
$949,000
Sold Price
$830,000
Premium/Discount to List
-$119,000
-12.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$580,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2019
Closed on
Mar 26, 2019
Sold by
Reynolds Real Estate Of Florida Llc
Bought by
Palmer Lynn Michelle and Palmer Kip
Seller's Agent
Robert Zivkovic
Zivkovic & Associates
Buyer's Agent
Anthony Aires Gomes
Premiere Plus Realty Company
List Price
$389,900
Sold Price
$369,770
Premium/Discount to List
-$20,130
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.17%
Original Mortgage
$351,281
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2015
Sold by
Reynolds Fletcher A and Reynolds Fletcher A
Bought by
Reynolds Real Estate Of Florida Llc

Purchase Details

Closed on
Oct 1, 2010
Sold by
Hsbc Mortgage Services Inc
Bought by
Reynolds Fletcher and Reynolds Fletcher A

Purchase Details

Closed on
Dec 2, 2009
Sold by
Sturtevant Sharon A
Bought by
Hsbc Mortgage Services Inc

Purchase Details

Closed on
Aug 23, 1993
Sold by
Cantrell Thomas W and Cantrell Thomas W
Bought by
Sturtevant Sumner Robert and Sturtevant Sharon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,687
Interest Rate
7.18%
Mortgage Type
VA
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
Bertone Joseph $100 None Listed On Document
Bertone Joseph $830,000 Esquire Land Title
Palmer Lynn Michelle $369,770 Patriot Title Services Llc
Reynolds Real Estate Of Florida Llc -- Attorney
Reynolds Fletcher $259,200 Attorney
Hsbc Mortgage Services Inc -- Attorney
Sturtevant Sumner Robert $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bertone Joseph $580,000
Previous Owner Palmer Lynn Michelle $351,281
Previous Owner Sturtevant Sumner Robert $136,687
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2022 03/16/22 Sold $830,000 -12.5% $382 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $949,000 +156.6% $437 / Sq Ft
03/26/2019 03/26/19 Sold $369,770 -5.2% $170 / Sq Ft View Prior Sale
02/24/2019 02/24/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $389,900 0.0% $180 / Sq Ft
07/10/2017 07/10/17 Rented -- -- --
06/10/2017 06/10/17 Under Contract -- -- --
04/25/2017 04/25/17 For Rent -- -- --
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 $10,189 $540,650 $339,958 $163,365
2024 $13,967 $595,752 $344,035 $206,524
2023 $13,967 $829,982 $455,122 $309,646
2022 $4,706 $294,638 $0 $0
2021 $4,859 $437,261 $274,247 $163,014
2020 $4,956 $282,107 $0 $0
2019 $7,451 $382,759 $234,100 $148,659
2018 $6,951 $345,606 $215,000 $130,606
2017 $7,221 $364,990 $190,000 $174,990
2016 $6,584 $316,954 $206,893 $110,061
2015 $6,801 $320,488 $208,010 $112,478
2014 $7,356 $338,416 $206,680 $131,736
2013 -- $315,997 $175,378 $140,619
Source: Public Records

Agents Affiliated with this Home

  • Michael Darda

    Seller's Agent in 2022

    Michael Darda

    Compass Florida LLC

    (239) 256-3733

    134 in this area

    1,412 Total Sales

    Michael Darda
    Section Image

  • R

    Buyer's Agent in 2022

    Renata Menendez

  • R

    Buyer's Agent in 2022

    Renata Menendez Pa

    Berkshire Hathaway Florida

    (239) 410-7372

    5 in this area

    93 Total Sales

    Renata Menendez Pa
    Section Image

  • R

    Seller's Agent in 2019

    Robert Zivkovic

    Zivkovic & Associates

    (239) 565-0924

    1 in this area

    56 Total Sales

    Robert Zivkovic
    Section Image
  • Anthony Aires Gomes

    Buyer's Agent in 2019

    Anthony Aires Gomes

    Premiere Plus Realty Company

    (239) 292-5363

    15 in this area

    85 Total Sales

    Anthony Aires Gomes
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221085172

Florida Gulf Coast Multiple Listing Service

APN: 07-45-24-C2-00390.0110

Florida Lee County Cape Coral 33904 Caloosahatchee

1617 SE 40th Terrace, Cape Coral, FL

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