NOT LISTED FOR SALE

Estimated Value: $609,000 - $801,000

0.23 Acre
$3,209,270 Price per Acre
10,019 Sq Ft Lot

Last Sold January 24, 2019

Last sale price $50,000

Est. 1,376% increase in value since last sale

Current estimated payment $4,883/month

20 Days on Market

Highlights

  • Home fronts navigable water
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of January 2019

This Gulf Access canal lot is the perfect place to build your dream home. Enjoy magnificent South West Florida sunsets from this property with rear western exposure. Conveniently located in the new "HOT SPOT" area in the North West Cape, you will enjoy the convenience of easy access to shopping, restaurants, and entertainment. Now is the time to purchase this little piece of Paradise and plan your future home.

Last Agent to Sell the Property

Robert Ricca

Royal Shell Real Estate, Inc. License #258015554 Listed on: 12/04/2018

Co-Listed By

Joseph Mulino

Royal Shell Real Estate, Inc. License #258020363

Last Buyer's Agent

Gislind Vercher

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,043

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Home fronts navigable water
  • East Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 49 / 4312
  • Assessor Parcel Number 31-43-23-C4-04312.0490

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,043

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Co List Office Mls Id: PREFP2
  • Co List Office Phone: (239) 689-7653
  • Subdivision Name: CAPE CORAL
  • Directions: Veterans Memorial Pkwy W to Burnt Store Road, Left onto Gulf Stream Pkwy, Right onto NW 37th Place, lot is on the left just North of NW 18th Street.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 31-43-23-C4-04312.0490
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1043.0
  • Tax Block: 4312
  • Tax Lot: 49
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Perry Adam and Perry Carol
Bought by
Perry Adam
Current Estimated Value
$738,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$397,118
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$341,014

Purchase Details

Listed on
Dec 4, 2018
Closed on
Jan 24, 2019
Sold by
Day Marc M and Day Brian
Bought by
Perry Adam and Perry Carol
Seller's Agent
Robert Ricca
Royal Shell Real Estate, Inc.
Buyer's Agent
Gislind Vercher
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.92%

Purchase Details

Closed on
Jul 12, 2010
Sold by
Foley Robert D
Bought by
Day Marc M and Day Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,560
Interest Rate
4.79%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 27, 2009
Sold by
Crotty Amy Sue
Bought by
Foley Robert D

Purchase Details

Closed on
Dec 9, 2008
Sold by
Sinclair Matthew
Bought by
Crotty Amy Sue

Purchase Details

Closed on
Oct 3, 2008
Sold by
Bank Of America Na
Bought by
Sinclair Mathew

Purchase Details

Closed on
Jul 24, 2008
Sold by
Folwell Ida L
Bought by
Bank Of America Na

Purchase Details

Closed on
Mar 21, 2005
Sold by
Castro Melvin and Aviles Luz
Bought by
Folwell Gary N and Folwell Ida L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,100
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2000
Sold by
Amer Prime Group Inc
Bought by
Castro Melvin and Avilez Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,620
Interest Rate
7.01%

Purchase Details

Closed on
Sep 23, 1999
Sold by
Sawyer Howard Richard
Bought by
Amer Prime Group 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
Perry Adam -- Townsend Title Ins Agcy Llc
Perry Adam $50,000 Assured Title Services Llc
Day Marc M $43,200 Attorney
Foley Robert D $43,000 Southwest Community Title In
Crotty Amy Sue -- None Available
Crotty Amy Sue -- None Available
Sinclair Mathew $38,900 New House Title Llc
Bank Of America Na -- None Available
Folwell Gary N $269,000 Best Title Solutions Inc
Castro Melvin $32,500 --
Amer Prime Group Inc $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Adam $450,000
Previous Owner Day Marc M $34,560
Previous Owner Folwell Gary N $242,100
Previous Owner Castro Melvin $17,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2019 01/24/19 Sold $50,000 -23.0% --
12/25/2018 12/25/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $64,900 -- --
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
2025 $12,008 $635,228 $132,430 $418,692
2024 $12,008 $749,698 $123,170 $513,112
2023 $12,047 $744,309 $0 $0
2022 $11,539 $722,630 $141,211 $581,419
2021 $8,509 $464,812 $78,879 $385,933
2020 $1,087 $45,000 $45,000 $0
2019 $1,182 $52,000 $52,000 $0
2018 $1,149 $52,000 $52,000 $0
2017 $1,043 $44,090 $44,090 $0
2016 $997 $45,000 $45,000 $0
2015 $941 $43,000 $43,000 $0
2014 -- $36,000 $36,000 $0
2013 -- $26,600 $26,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218079828

Florida Gulf Coast Multiple Listing Service

APN: 31-43-23-C4-04312.0490