NOT LISTED FOR SALE

1818 SW 48th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $404,425 - $494,000

3 Beds
2 Baths
1,703 Sq Ft
$270/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $485,000 $285 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,947/month

96 Days on Market

Highlights

  • Concrete Pool
  • Florida Architecture
  • Furnished
  • Cape Elementary School Rated A-
  • Pool View
  • No HOA

About This Home

As of May 2023

Great price improvement, guests are gone and ready to show! What a location! This well cared for, tastefully furnished southern exposure pool home is situated in Cape Coral's SW highly desired area. Walking distance to shopping, dining, banking, medical and dental facilities and much more. Walk or bike ride to Cape Harbour. No damage from the hurricane and stayed high and dry! PROTECTED BY ALL IMPACT WINDOWS AND SLIDERS! Beautifully layed out with a great room split floorplan. Home offers glass entry door, vaulted ceilings, pool view from great room, updated kitchen with granite countertops, pantry and stainless appliances, large dining area, pool bath, updated bathrooms with tiled showers. Large primary bedroom with walk in closets. Neutral porcelain tile in all main living areas. Inviting pebble coated pool with pavered deck, pool heater, thermal blanket and screened in lanai with no damage. Well manicured mature landscaping with palms. Whether you are looking for a primary residence or vacation property this will check all the boxes!

Last Agent to Sell the Property

Cynthia Reed

SWFL Choice Realty License #261205130 Listed on: 01/21/2023

Last Buyer's Agent

Sheri Harris

EXP Realty, LLC License #258029590

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Northeast Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Florida Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,703 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Formal Dining Room
  • Pool Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Screened Patio
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 21 / 4637
  • Assessor Parcel Number 16-45-23-C2-04637.0210

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,703

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Florida, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2000
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Separate/Formal Dining Room, Family/Dining Room, Kitchen Island, Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV, Split Bedrooms
  • Living Area: 1703.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Landscaped, Pool
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Foreign Seller, RV Restriction(s), Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 16-45-23-C2-04637.0210
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4702.67
  • Tax Block: 4637
  • Tax Lot: 21
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2023
Closed on
Apr 28, 2023
Sold by
Zadorsky Peter
Bought by
Roop Paul J
Seller's Agent
Cynthia Reed
SWFL Choice Realty
Buyer's Agent
Sheri Harris
EXP Realty, LLC
List Price
$569,000
Sold Price
$485,000
Premium/Discount to List
-$84,000
-14.76%
Views
52
Current Estimated Value
$449,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,213
Avg. Annual Appreciation
-2.26%

Purchase Details

Listed on
May 2, 2019
Closed on
Jul 5, 2019
Sold by
Angelo Llc
Bought by
Zadorsky Peter and Zadorsky Paul
Seller's Agent
Andrea Erhard
Prestige VR Realty LLC
Buyer's Agent
Steve Kimball
CoastalEdge Real Estate LLC
List Price
$339,000
Sold Price
$320,000
Premium/Discount to List
-$19,000
-5.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Mar 15, 2012
Sold by
Sun Cny Properties Llc
Bought by
Angelo Llc

Purchase Details

Closed on
Nov 8, 2011
Sold by
Newkirk Todd J
Bought by
Sun Cny Properties Llc

Purchase Details

Closed on
Jan 28, 2008
Sold by
Newkirk Todd J
Bought by
Newkirk Terry J

Purchase Details

Closed on
Nov 10, 2006
Sold by
Mclaughlin Debra A
Bought by
Newkirk Todd J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 12, 2004
Sold by
Podolsky Steve and Podolsky Anna
Bought by
Mclaughlin Debra A

Purchase Details

Closed on
Feb 12, 2001
Sold by
Shelter Solutions Inc
Bought by
Podoisky Steve and Podoisky Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,250
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2000
Sold by
1St Home Bldrs Fl
Bought by
Shelter Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,491
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 1999
Sold by
Podolsky Steve and Podolsky Anna
Bought by
1St Home Bldr Of Fl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,696
Interest Rate
7.43%

Purchase Details

Closed on
May 28, 1999
Sold by
Kuhn Dorothy R
Bought by
Podolsky Steve and Podolsky Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,696
Interest Rate
7.43%
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
Roop Paul J $485,000 Title Professionals
Zadorsky Peter $320,000 Title Group Of Fort Myers Lt
Angelo Llc $194,000 Attorney
Sun Cny Properties Llc $102,000 None Available
Newkirk Terry J $180,000 None Available
Newkirk Todd J $180,300 Cape Coral Title Insurance A
Mclaughlin Debra A $227,200 Pinnacle Title Company Inc
Podoisky Steve -- --
Shelter Solutions Inc $98,000 --
1St Home Bldr Of Fl $6,600 --
Podolsky Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newkirk Todd J $144,200
Previous Owner Newkirk Todd J $36,050
Previous Owner Mclaughlin Debra A $150,000
Previous Owner Podolsky Steve $88,214
Previous Owner Podolsky Steve $10,000
Previous Owner Podoisky Steve $86,250
Previous Owner Shelter Solutions Inc $90,491
Previous Owner 1St Home Bldr Of Fl $83,696
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $485,000 -10.0% $285 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $539,000 -3.6% $317 / Sq Ft
02/09/2023 02/09/23 Price Changed $559,000 -1.8% $328 / Sq Ft
01/21/2023 01/21/23 For Sale $569,000 +77.8% $334 / Sq Ft
07/05/2019 07/05/19 Sold $320,000 -5.6% $188 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $339,000 -- $199 / 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 $6,010 $356,689 $117,964 $205,326
2023 $6,010 $286,953 $0 $0
2022 $5,264 $260,866 $0 $0
2021 $4,703 $237,609 $48,913 $188,696
2020 $4,464 $215,592 $43,900 $171,692
2019 $4,467 $217,208 $43,000 $174,208
2018 $4,297 $203,488 $42,000 $161,488
2017 $4,372 $203,481 $33,000 $170,481
2016 $4,274 $197,465 $34,565 $162,900
2015 $4,147 $188,906 $31,494 $157,412
2014 $3,844 $169,002 $33,320 $135,682
2013 -- $155,015 $20,822 $134,193
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Reed

    Seller's Agent in 2023

    Cynthia Reed

    SWFL Choice Realty

    10 in this area

    40 Total Sales

    Cynthia Reed
    Section Image
  • Sheri Harris

    Buyer's Agent in 2023

    Sheri Harris

    EXP Realty, LLC

    (609) 462-8358

    43 in this area

    108 Total Sales

    Sheri Harris
    Section Image

  • A

    Seller's Agent in 2019

    Andrea Erhard

    Prestige VR Realty LLC

    (239) 560-6292

    3 in this area

    3 Total Sales

    Andrea Erhard
    Section Image

  • S

    Buyer's Agent in 2019

    Steve Kimball

    CoastalEdge Real Estate LLC

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223005469

Florida Gulf Coast Multiple Listing Service

APN: 16-45-23-C2-04637.0210

Florida Lee County Cape Coral 33914 Pelican

1818 SW 48th Terrace, Cape Coral, FL

This home is located at 1818 SW 48th Terrace, Cape Coral, FL 33914 since 21 January 2023 and is currently estimated at $459,606, approximately $269 per square foot. This property was built in 2000. 1818 SW 48th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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