NOT LISTED FOR SALE

1903 SE 40th Terrace Unit 105 Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $299,000 - $364,000

2 Beds
2 Baths
1,330 Sq Ft
$377/mo HOA Fee

Last Sold July 11, 2016

Last sale price $199,000 $150 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,517/month

61 Days on Market

Highlights

  • Boat Dock
  • Active Adult
  • Canal Access
  • Home fronts a seawall
  • River View
  • Deck

About This Home

As of July 2016

Fantastic Water View time you open your front door. Direct Gulf Access 2 bedroom, 2 bath, 1 car garage condo, only 2 minutes to the river and less than 30 minutes to Sanibel Island. The residents say this unit has the best views in the complex. You will enjoy views of 200 ft. Intersecting canals from living room, kitchen, master bedroom and screened lanai with sliding glass panels to keep out the rain or to stay cool with A/C in the summer time. This sailboat access condo ,water and electric are available on the reinforced and newly resurfaced boat dock and slips,and common areas. Enjoy fishing off the community pier with prep station or lounge by the large community pool. Great location in desirable SE location off of Beach Pkwy, short walk to Jaycee park. Beautifully kept 12 unit 55+ community, with a 55 or less set-a-side with approval. Call for details. Some Furnishings Are Available and seller has a sail boat that he is thinking of selling as well. To much to list, Must see this one to appreciate.

Last Agent to Sell the Property

Julie Wimbush

Century 21 Sunbelt Realty License #258017118 Listed on: 04/10/2016

Century 21 Sunbelt Realty

Last Buyer's Agent

Lisa Barrella

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,213

Year Built

  • Built in 1981

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • South Facing Home

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • River
  • Canal

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,330 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Windows
  • Open Floorplan

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Canal Access
  • Balcony
  • Deck
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 105 / 40A
  • Assessor Parcel Number 08-45-24-C1-0040A.1050

Community Details

Overview

  • Active Adult
  • Association fees include legal/accounting, ground maintenance, reserve fund
  • 12 Units
  • Association Phone (239) 542-4404
  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,213

Year Built

Built in 1981

Lot Details

0

HOA Fees

$377 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Directions: Del Prado to East on Beach Pkwy to North on SE 19th Ave, Vista Point will be on the end, Unit is on the second floor on the North West Corner
  • Architectural Style: Other, Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1981
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Family/Dining Room, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1330.0
  • Stories: 3
  • Window Features: Double Hung, Sliding, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Dead End
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Partial, River
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Deck
  • Patio And Porch Features: Balcony, Deck, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Covered, Detached, Garage, One Space, 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: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: Yes
  • Amenities: Pier, Pool
  • Association Fee: 1130.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Legal/Accounting, Maintenance Grounds, Reserve Fund

Lot Info

  • Parcel #: 08-45-24-C1-0040A.1050
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 3213.0
  • Tax Block: 40A
  • Tax Lot: 105
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2025
Sold by
Blekum David and Blekum Karen
Bought by
Brady Patricia and Johnson Lyon
Current Estimated Value
$329,599

Purchase Details

Listed on
Apr 10, 2016
Closed on
Jul 11, 2016
Sold by
Komar James J and Komar Patricia A
Bought by
Blekum David C and Blekum Karen A
Seller's Agent
Julie Wimbush
Century 21 Sunbelt Realty
Buyer's Agent
Lisa Barrella
List Price
$239,000
Sold Price
$199,000
Premium/Discount to List
-$40,000
-16.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Aug 29, 2006
Sold by
Bagnall Wilfred and Bagnall Gloria
Bought by
Komar James J and Komar Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 9, 2003
Sold by
Eagle Ramona I
Bought by
Bagnall Wilfred and Bagnall Gloria
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
Brady Patricia $352,000 Near North Title
Blekum David C $199,000 Title Professionals Of Flori
Komar James J $280,000 Paradise Professional Title
Bagnall Wilfred $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Komar James J $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $199,000 -16.7% $150 / Sq Ft
06/11/2016 06/11/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $239,000 -- $180 / 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 $4,943 $260,661 -- $254,601
2024 $4,943 $266,349 -- --
2023 $4,732 $242,135 $0 $0
2022 $4,201 $220,123 $0 $0
2021 $3,816 $200,112 $4,326 $195,786
2020 $3,618 $182,495 $0 $182,495
2019 $3,624 $183,303 $0 $183,303
2018 $4,191 $209,143 $0 $209,143
2017 $4,278 $210,758 $0 $210,758
2016 $3,646 $212,963 $4,326 $208,637
2015 $3,213 $168,100 $4,326 $163,774
2014 $3,023 $160,000 $4,326 $155,674
2013 -- $165,100 $4,326 $160,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216025621

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C1-0040A.1050