$440,000
SOLD AUG 5, 2021
6 Beds
4 Baths
2,400 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$183 Per Sq Ft

2% Below List Price

33 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Ceiling Fan
  • Fenced

About This Home

As of August 2021

INVESTMENT OPPORTUNITY....Great duplex in the desirable Southwest Cape Coral location. Each side offers 3 bedrooms and 2 baths all tiled, open floor plan, stainless steel appliances, granite counter tops, sprinklers, and fenced backyard. Each side is rented for $1400 per month, leased until Jun 30th 2021.

Last Agent to Sell the Property

Beth Rivera

Jones & Co Realty License #258010139 Listed on: 06/02/2021

Jones & Co Realty

Last Buyer's Agent

Susan Hariprasad

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 2020

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Fenced
  • Rectangular Lot
  • Manual Sprinklers System

Home Design

  • Duplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, security, water
  • Legal Lot and Block 14 / 4720
  • Assessor Parcel Number 04-45-23-C2-04720.0140

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $5,650
  • Net Operating Income $27,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,392

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: FROM GLEASON PASS CHIQUITA WEST, TAKE SOUTH ON SW 16TH PL, WEST ON SW 33RD ST
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2020
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Manual
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Tile

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 04-45-23-C2-04720.0140
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Security, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 27950.0
  • Annual Operating Expense: 5650.0

Tax Info

  • Tax Annual Amount: 2392.0
  • Tax Block: 4720
  • Tax Lot: 14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 3, 2021
Sold by
Deforest Gary Olin and Deforest Joli
Bought by
Vasquez Roselyn and Vasquez Samuel Keegan
Seller's Agent
Beth Rivera
Jones & Co Realty
Buyer's Agent
Susan Hariprasad
List Price
$449,000
Sold Price
$440,000
Premium/Discount to List
-$9,000
-2%
Current Estimated Value
$534,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,333
Avg. Annual Appreciation
4.90%
Original Mortgage
$330,000
Outstanding Balance
$301,795
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$232,538

Purchase Details

Closed on
Aug 23, 2018
Sold by
Icr Capital Llc
Bought by
Wr1827 Llc

Purchase Details

Closed on
Nov 5, 2015
Sold by
Patriot Properties Llc
Bought by
Icr Capital Llc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Maurer Lecia G
Bought by
Patriot Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.64%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 Townsend Title Ins Agcy Llc
Warranty Deed $61,500 Cape Coral Title Ins Agency
Warranty Deed $75,000 Fidelity Natl Title Fl Inc
Warranty Deed $280,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $330,000 New Conventional
Previous Owner $210,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2022 11/03/22 Rented -- -- --
10/05/2022 10/05/22 For Rent $2,000 0.0% --
08/05/2021 08/05/21 Sold $440,000 -2.0% $183 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $449,000 +37.3% $187 / Sq Ft
06/08/2020 06/08/20 Sold $327,000 -1.9% $273 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
01/27/2020 01/27/20 For Sale $333,400 -- $278 / Sq Ft
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
2024 $8,625 $381,293 $74,389 $292,969
2023 $8,625 $371,984 $73,776 $291,501
2022 $8,415 $372,543 $60,334 $312,209
2021 $6,941 $262,139 $58,480 $203,659
2020 $2,392 $36,800 $36,800 $0
2019 $2,527 $46,000 $46,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221040628

Florida Gulf Coast Multiple Listing Service

APN: 04-45-23-C2-04720.0140