NOT LISTED FOR SALE

1903 SE 40th Terrace Unit 101 Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $265,000 - $356,000

2 Beds
2 Baths
1,311 Sq Ft
$390/mo HOA Fee

Last Sold October 10, 2019

Last sale price $150,000 $114 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,389/month

Highlights

  • Boat Dock
  • Waterfront
  • Canal View
  • Active Adult
  • Canal Access
  • Traditional Architecture

About This Home

As of October 2019

Entered for comps only.

Last Agent to Sell the Property

Elmer Tabor

Wonderland Realty Inc License #252000549 Listed on: 10/10/2019

Last Buyer's Agent

Elmer Tabor

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Waterfront
  • South Facing Home

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,311 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Carpet
  • Canal Views
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Home Security

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 101 / 40A
  • Assessor Parcel Number 08-45-24-C1-0040A.1010

Community Details

Overview

  • Active Adult
  • Association fees include insurance, irrigation water, ground maintenance, pest control, sewer, trash, water
  • 12 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$390 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Traditional, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1981
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Interior Amenities: Eat-in Kitchen, Shower Only, Separate Shower
  • Living Area: 1311.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: Yes
  • Amenities: Pool
  • Association #2 Fee: 1171.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Irrigation Water, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 08-45-24-C1-0040A.1010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 3940.0
  • Tax Block: 40A
  • Tax Lot: 101
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Landsman Faith S
Bought by
Landsman Faith S and Mehrman Teri L
Current Estimated Value
$304,148

Purchase Details

Closed on
Apr 1, 2019
Sold by
Cleveland Professional Complex Llc
Bought by
Landsman Faith S

Purchase Details

Closed on
May 22, 2001
Sold by
Cleveland Kenneth I
Bought by
Cleveland Professional Complex

Purchase Details

Closed on
Apr 23, 2001
Sold by
Ken Cleveland Bldr Inc
Bought by
Cleveland Kenneth L
Source: Public Records

Range of Values:

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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
Landsman Faith S $100 --
Landsman Faith S $150,000 Liberty Title & Escrow
Cleveland Professional Complex $129,500 --
Cleveland Kenneth L $129,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2019 10/10/19 Sold $150,000 0.0% $114 / Sq Ft
10/10/2019 10/10/19 For Sale $150,000 -- $114 / 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 $4,846 $257,512 -- $254,242
2024 $4,613 $260,146 -- --
2023 $4,613 $236,496 $0 $0
2022 $4,113 $214,996 $0 $0
2021 $3,735 $195,451 $0 $195,451
2020 $3,547 $178,458 $0 $178,458
2019 $3,551 $179,265 $0 $179,265
2018 $3,940 $202,683 $0 $202,683
2017 $3,771 $201,875 $0 $201,875
2016 $3,647 $203,702 $0 $203,702
2015 $3,249 $164,300 $0 $164,300
2014 -- $156,200 $0 $156,200
2013 -- $161,200 $0 $161,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Elmer Tabor

    Wonderland Realty Inc

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219020056

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C1-0040A.1010

Florida Lee County Cape Coral 33904 Caloosahatchee

1903 SE 40th Terrace Unit 101, Cape Coral, FL

This home is located at 1903 SE 40th Terrace Unit 101, Cape Coral, FL 33904 since 10 October 2019 and is currently estimated at $304,148, approximately $231 per square foot. This property was built in 1981. 1903 SE 40th Terrace Unit 101 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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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