NOT LISTED FOR SALE

1625 SE 40th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $464,297 - $626,000

3 Beds
2 Baths
1,604 Sq Ft
$331/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $367,500 $229 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,233/month

3 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • No HOA

About This Home

As of September 2020

A Boaters Paradise! Come enjoy all that Florida living on the water has to offer! This incredible 3 bedroom, 2 bath, 2 car garage, offers exceptional views of the stunning Plato Canal featuring direct access to the Caloosahatchee River! The possibilities are endless - the large backyard has plenty of room to add a pool and enjoy the poolside water views! The home features tile throughout and the floor plan has a wonderful flow! This home is centrally located in Cape Coral, just minutes from Cape Coral Parkway and the Cape Coral Bridge providing quick access to dining, shopping, entertainment and the beautiful beaches of SWFL. This is the perfect investment home or vacation home to experience all that SWFL has to offer! This home will not last! Call today to schedule your private showing.

Last Agent to Sell the Property

Brett Ellis

Keller Williams Realty Fort Myers and the Islands License #258000557 Listed on: 08/12/2020

Keller Williams Realty Fort Myers and the Islands

Co-Listed By

Sande Ellis

Keller Williams Realty Fort Myers and the Islands License #258000437

Last Buyer's Agent

non-member MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1971

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Sliding Windows
  • Open Floorplan
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 15 / 390
  • Assessor Parcel Number 08-45-24-C1-00390.0150

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 1971

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
  • Co List Office Mls Id: FKWFMI
  • Co List Office Phone: (239) 236-4350
  • 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: 1971
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Family/Dining Room, Living/Dining Room, Split Bedrooms, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1604.0
  • Stories: 1
  • Window Features: Jalousie, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Patio, Room For Pool
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 08-45-24-C1-00390.0150
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4828.0
  • Tax Block: 390
  • Tax Lot: 15
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 15, 2020
Sold by
Franklin Wavid Dvid and Franklin Linda Dee
Bought by
Eitting David Anton
Seller's Agent
Brett Ellis
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
non-member MLS
List Price
$375,000
Sold Price
$367,500
Premium/Discount to List
-$7,500
-2%
Current Estimated Value
$530,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,324
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Mar 24, 2017
Sold by
Franklin Wayne
Bought by
Franklin Wayne David and Franklin Linda Dee

Purchase Details

Closed on
Apr 11, 2011
Sold by
Florida Investments Funding Llc
Bought by
Franklin Wayne

Purchase Details

Closed on
Sep 18, 2010
Sold by
Hainault Greg
Bought by
Florida Investment Funding Llc

Purchase Details

Closed on
Feb 9, 2005
Sold by
Thompson Stanley K
Bought by
Hainault Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 1, 2003
Sold by
Matto John M and Graff Pamela M
Bought by
Thompson Stanley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.2%

Purchase Details

Closed on
Jul 31, 2000
Sold by
Regtuyt Willie
Bought by
Matto John D and Graff Pamela M
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
Eitting David Anton $367,500 Title Group Of Fort Myers Lt
Franklin Wayne David -- None Available
Franklin Wayne $217,500 Realty Title Solutions Llp
Florida Investment Funding Llc $200,000 Realty Title Solutions Lllp
Hainault Greg $515,000 First Cmnty Title Svcs Inc
Thompson Stanley K $305,000 --
Matto John D $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hainault Greg $412,000
Previous Owner Thompson Stanley K $244,000
Closed Hainault Greg $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2020 09/15/20 Sold $367,500 -2.0% $229 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $375,000 -- $234 / 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
2025 $5,444 $346,045 -- --
2024 $4,935 $336,293 -- --
2023 $4,935 $303,826 $0 $0
2022 $4,662 $294,977 $0 $0
2021 $4,814 $286,385 $257,125 $29,260
2020 $5,523 $301,281 $241,000 $60,281
2019 $4,828 $239,013 $234,100 $4,913
2018 $4,686 $226,101 $215,000 $11,101
2017 $4,714 $234,989 $190,000 $44,989
2016 $4,256 $198,424 $190,595 $7,829
2015 $4,282 $195,792 $190,412 $5,380
2014 $4,264 $194,100 $185,648 $8,452
2013 -- $178,690 $153,002 $25,688
Source: Public Records

Agents Affiliated with this Home

  • Brett Ellis

    Seller's Agent in 2020

    Brett Ellis

    Keller Williams Realty Fort Myers and the Islands

    (239) 822-6493

    8 in this area

    237 Total Sales

    Brett Ellis
    Section Image
  • Sande Ellis

    Seller Co-Listing Agent in 2020

    Sande Ellis

    Keller Williams Realty Fort Myers and the Islands

    (239) 489-4042

    9 in this area

    233 Total Sales

    Sande Ellis
    Section Image

  • n

    Buyer's Agent in 2020

    non-member MLS

  • O

    Buyer's Agent in 2020

    Out of area Non Member

    FGC Non-MLS Office

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220050463

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C1-00390.0150

Florida Lee County Cape Coral 33904 Caloosahatchee

1625 SE 40th Terrace, Cape Coral, FL

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