NOT LISTED FOR SALE

1623 Old Burnt Store Rd N Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $699,166 - $866,000

0.24 Acre
$3,259,550 Price per Acre
10,454 Sq Ft Lot

Last Sold October 20, 2015

Last sale price $41,500

Est. 1,785% increase in value since last sale

Current estimated payment $5,194/month

44 Days on Market

Highlights

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

About This Lot

As of October 2015

Great deal on a Gulf Access lot in the popular NW Cape Coral area. This lot is situated on a 100ft canal, in a growing area of new homes! This is the perfect time to build your Florida dream home or buy the lot for investment, prices are going up!

Last Agent to Sell the Property

Brian Barnhart

Gulf Gateway Realty, Inc. License #258011575 Listed on: 08/06/2015

Last Buyer's Agent

Emanuele DiMare

Barclays Real Estate Group 1 License #252011476

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $858

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 125 x 80 x 80 x 125
  • Waterfront
  • Property fronts a private road
  • West Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 12 / 4317
  • Assessor Parcel Number 31-43-23-C4-04317.0120

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$858

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Lot Size: 125 x 80 x 80 x 125
  • Road Frontage Type: Private Road
  • Subdivision Name: CAPE CORAL
  • Directions: Old Burnt Store Rd
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

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

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 31-43-23-C4-04317.0120
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 858.0
  • Tax Block: 4317
  • Tax Lot: 12
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Jones James R and Jones Patricia M
Bought by
Jones James R and Jones Patricia M
Current Estimated Value
$782,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Outstanding Balance
$182,198
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$609,648

Purchase Details

Listed on
Aug 6, 2015
Closed on
Oct 20, 2015
Sold by
B & G Landholdings Llc
Bought by
Jones James R
Seller's Agent
Brian Barnhart
Gulf Gateway Realty, Inc.
Buyer's Agent
Emanuele DiMare
Barclays Real Estate Group 1
List Price
$49,900
Sold Price
$41,500
Premium/Discount to List
-$8,400
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.94%

Purchase Details

Closed on
Jun 3, 2015
Sold by
Bradley William J
Bought by
B & G Landholdings Llc

Purchase Details

Closed on
Jul 21, 2014
Sold by
Regions Bank
Bought by
Bradley William J

Purchase Details

Closed on
Jul 29, 2008
Sold by
Williams Capital Investments Llc
Bought by
Bradley William J

Purchase Details

Closed on
Apr 16, 2008
Sold by
Alvaro Vasco
Bought by
Williams Capital Investments Llc

Purchase Details

Closed on
May 27, 2005
Sold by
Perez Abner and Perez Ana
Bought by
Vasco Alvaro and Vasco Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2004
Sold by
Neuhausel Courtney C and Westphal Chadley
Bought by
Perez Abner and Perez Ana

Purchase Details

Closed on
Jul 18, 2003
Sold by
Inverso Joseph and Inverso Karen
Bought by
Neuhausel Courtney C and Westphal Chadley

Purchase Details

Closed on
Sep 21, 2001
Sold by
Lopez Raul
Bought by
Inverso Joseph and Inverso Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
6.89%

Purchase Details

Closed on
Jun 17, 1999
Sold by
Haubrich Elsie M
Bought by
Royal W Properties Inc
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
Jones James R -- Closing Usa Llc
Jones James R $41,500 Attorney
B & G Landholdings Llc $38,000 Real Title Ins Agency Llc
Bradley William J -- Attorney
Bradley William J $95,000 Security Title & Trust Inc
Williams Capital Investments Llc $10,100 None Available
Vasco Alvaro $275,000 --
Perez Abner $190,500 Avalon Title Inc
Neuhausel Courtney C $83,000 --
Inverso Joseph $21,800 --
Inverso Joseph $21,800 --
Royal W Properties Inc $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones James R $198,500
Open Jones James R $377,860
Previous Owner Vasco Alvaro $220,000
Previous Owner Inverso Joseph $52,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2015 10/20/15 Sold $41,500 -16.8% --
09/20/2015 09/20/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $49,900 -- --
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 $11,168 $630,441 $123,170 $389,975
2023 $11,168 $690,389 $167,364 $437,893
2022 $9,113 $509,036 $0 $0
2021 $1,062 $50,798 $50,798 $0
2020 $944 $37,815 $37,000 $815
2019 $1,117 $44,815 $44,000 $815
2018 $1,185 $52,000 $52,000 $0
2017 $1,056 $41,102 $41,102 $0
2016 $1,121 $45,000 $45,000 $0
2015 $911 $43,000 $43,000 $0
2014 -- $36,000 $36,000 $0
2013 -- $24,300 $24,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215044409

Florida Gulf Coast Multiple Listing Service

APN: 31-43-23-C4-04317.0120