NOT LISTED FOR SALE

1621 SE 40th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $567,920 - $1,018,000

3 Beds
2 Baths
2,742 Sq Ft
$272/Sq Ft Est. Value

About This Home

This home is located at 1621 SE 40th Terrace, Cape Coral, FL 33904 and is currently estimated at $745,480, approximately $271 per square foot. 1621 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
May 5, 2023
Sold by
Salvagio Phillip
Bought by
Salvagio Family Ii Limited Partnership
Current Estimated Value
$745,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Outstanding Balance
$505,620
Interest Rate
6.42%
Mortgage Type
Balloon
Estimated Equity
$239,860

Purchase Details

Closed on
Nov 27, 2013
Sold by
Stump Kolb Fredrick G and Stump Kolb Sarah
Bought by
Salvagio Phillip

Purchase Details

Closed on
Jun 29, 2001
Sold by
Mosher Arthur H and Mosher Francey
Bought by
Stump Kolb Frederick G and Stump Kolb Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.17%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Acevedo Shyrl and Acevedo Eugenio
Bought by
Mosher Arthur H and Mosher Francey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.71%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Salvagio Family Ii Limited Partnership $100 Baxter Title
Salvagio Phillip $280,000 Attorney
Stump Kolb Frederick G $268,000 --
Mosher Arthur H $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvagio Family Ii Limited Partnership $520,000
Previous Owner Stump Kolb Frederick G $214,400
Previous Owner Mosher Arthur H $108,000
Source: Public Records

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 $8,784 $407,056 $339,958 $47,680
2024 $8,784 $507,902 $344,035 $113,843
2023 $9,458 $442,809 $0 $0
2022 $8,241 $402,554 $0 $0
2021 $7,058 $388,115 $278,629 $109,486
2020 $6,576 $332,689 $241,000 $91,689
2019 $6,542 $332,677 $234,100 $98,577
2018 $6,337 $314,108 $215,000 $99,108
2017 $6,524 $327,036 $190,000 $137,036
2016 $5,931 $284,178 $210,050 $74,128
2015 $6,136 $288,000 $210,668 $77,332
2014 -- $286,700 $195,300 $91,400
2013 -- $275,086 $163,285 $111,801
Source: Public Records

Map

Florida Lee County Cape Coral 33904 Caloosahatchee

1621 SE 40th Terrace, Cape Coral, FL

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