NOT LISTED FOR SALE

Estimated Value: $376,000 - $536,000

0.63 Acre
$724,960 Price per Acre
27,399 Sq Ft Lot

Last Sold August 30, 2021

Last sale price $500,000

Est. 9% decrease in value since last sale

Current estimated payment $3,343/month

430 Days on Market

Highlights

  • Home fronts a seawall
  • 0.63 Acre Lot
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access

About This Lot

As of August 2021

Beautiful Direct Gulf Access lot With Seawall including 2 30’ wood docks. No Bridges or lock to deal with when taking your boat out. Prime Cape Coral location offering you the opportunity to take advantage of the amazing space located in a highly desirable neighborhood with close proximity to shopping, schools, parks, and restaurants.

Last Agent to Sell the Property

Eddy Frost

Access Real Estate License #258020873 Listed on: 05/26/2020

Co-Listed By

Michelle Stiger

Access Real Estate License #258023550

Last Buyer's Agent

Michelle Stiger

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,334

Lot Details

  • 0.63 Acre Lot
  • Home fronts a seawall
  • South Facing Home
  • Irregular Lot
  • Property is zoned R3-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 49a / 386
  • Assessor Parcel Number 08-45-24-C1-00388.049A

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,334

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.629
  • Co List Office Mls Id: ACCRE
  • Co List Office Phone: (239) 368-9383
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Irregular Lot
  • View: Canal, Landscaped, Partial Buildings
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Direction Faces: South

Utilities

  • Sewer: Assessment Unpaid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Unpaid, Public

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 08-45-24-C1-00388.049A
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8334.0
  • Tax Block: 386
  • Tax Lot: 49a
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Aug 30, 2021
Sold by
1749 Investments Llc
Bought by
Gallo Michael
Seller's Agent
Eddy Frost
Access Real Estate
Buyer's Agent
Michelle Stiger
List Price
$599,000
Sold Price
$500,000
Premium/Discount to List
-$99,000
-16.53%
Current Estimated Value
$456,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,000
Avg. Annual Appreciation
-2.19%

Purchase Details

Closed on
Jul 25, 2014
Sold by
Desoto Holdings Inc
Bought by
1749 Investments Llc

Purchase Details

Closed on
Sep 2, 2004
Sold by
Krosnick Charlene
Bought by
Cape Coral Llc

Purchase Details

Closed on
Jun 12, 2003
Sold by
Toadvin Jane A
Bought by
Gray Lionel W and Gray Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
5.16%
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
Gallo Michael $500,000 Titleworks Of Sw Florida Inc
1749 Investments Llc $225,000 None Available
Cape Coral Llc $300,000 Centurion Title Llc
Gray Lionel W $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gray Lionel W $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $500,000 -16.5% --
07/31/2021 07/31/21 Pending -- -- --
05/26/2020 05/26/20 For Sale $599,000 -- --
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 $11,409 $452,615 $441,936 --
2024 $8,742 $516,790 -- --
2023 $8,742 $469,809 $0 $0
2022 $7,572 $467,899 $467,899 $0
2021 $8,904 $467,899 $467,899 $0
2020 $8,713 $442,699 $433,800 $8,899
2019 $8,334 $430,279 $421,380 $8,899
2018 $7,849 $395,899 $387,000 $8,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220033359

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C1-00388.049A