NOT LISTED FOR SALE

1918 SE 40th Terrace Unit 203 Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $208,000 - $307,000

3 Beds
2 Baths
1,373 Sq Ft
2,862 Sq Ft Lot

Last Sold October 12, 2020

Last sale price $165,000 $120 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,496/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Corner Lot
  • Furnished
  • Cape Elementary School Rated A-
  • Pool View
  • Community Pool

About This Home

As of October 2020

This updated 3 bedroom condo in the Beach Pkwy area is priced right! Spacious, light & bright with cathedral ceilings. Only 6 minute walk to Jaycee Park which sits on the Caloosahatchee River. This condo has 1,373 sqft of living area and if you close the sliders on the newly tiled lanai, you will have 1,544 sqft of area to enjoy. Great room floor plan and a remodeled kitchen with granite countertops & back splash, ceiling fan, large double door pantry, plenty of cabinets and counter space, new microwave and dishwasher. Sold turnkey, all furnishings, appliances, and washer/dryer are included. Good size laundry with tub & extra cabinets/storage. Huge master bedroom & bathroom with walk-in closets, newly tiled walk-in shower & dual sink vanity. New metal roofs were installed in 2018, heated pool resurfaced in 2010. Air compressor for unit replaced in 2016 and sliders are storm rated at 70 mph. The large lanai overlooks the spacious pool area. One cat or dog allowed up to 20 lbs. This is not a 55 or over community. Outdoor storage unit, covered carport plus guest parking. A short 5 minute drive to Cape Coral Bridge for quick access to Fr. Myers and convenient 35 minute drive to RSW.

Last Agent to Sell the Property

Jim Saunders

Royal Shell Real Estate, Inc. License #258026792 Listed on: 09/01/2020

Last Buyer's Agent

David Lawrence

Premiere Plus Realty Company License #258023938

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $736

Year Built

  • Built in 1990

Lot Details

  • North Facing Home

Home Design

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

Interior Spaces

  • 1,373 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Open Floorplan
  • Pool Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 203 / 702
  • Assessor Parcel Number 08-45-24-C1-00702.2030

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 12 Units
  • Association Phone (239) 940-2447
  • Huntington Place Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$736

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0657
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: HUNTINGTON PLACE CONDO
  • Directions: Del Prado to East on Beach Pkwy to left on SE 19th Avenue. Condo down on the left corner of SE 19th Pl and SE 40th Terrace. Park and walk around side to 40th Terrace to stairs on the left
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1990
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Dual Sinks, Family/Dining Room, High Speed Internet, Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms
  • Living Area: 1373.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Pool
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Storage, Shutters Manual
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest, Paved, One Space, Detached Carport

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Pool, Storage
  • Phone: 239-940-2447
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 08-45-24-C1-00702.2030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 736.0
  • Tax Block: 702
  • Tax Lot: 203
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Oct 12, 2020
Sold by
Spaw James and Spaw Constance
Bought by
Mccarthy Lucy M
Seller's Agent
Jim Saunders
Royal Shell Real Estate, Inc.
Buyer's Agent
David Lawrence
Premiere Plus Realty Company
List Price
$174,500
Sold Price
$165,000
Premium/Discount to List
-$9,500
-5.44%
Current Estimated Value
$252,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,333
Avg. Annual Appreciation
8.79%
Original Mortgage
$121,500
Outstanding Balance
$107,871
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$144,462

Purchase Details

Listed on
Aug 7, 2019
Closed on
Feb 19, 2020
Sold by
Mazza Salvatore and Mazza Theresa
Bought by
Spaw James and Spaw Constance
Seller's Agent
Bonnie Miller
EXP Realty LLC
Buyer's Agent
Jim Saunders
Royal Shell Real Estate, Inc.
List Price
$179,900
Sold Price
$152,500
Premium/Discount to List
-$27,400
-15.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
Mar 1, 2008
Sold by
Kane Alyce and Pozarelli Lawrence
Bought by
Mazza Salvatore and Mazza Theresa

Purchase Details

Closed on
May 1, 2006
Sold by
Kane Alyce
Bought by
Kane Alyce and Pozarelli Lawrence

Purchase Details

Closed on
Jul 24, 1998
Sold by
Glenn Cherie A
Bought by
Pozarelli Anthony S and Pozarelli Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Mccarthy Lucy M $165,000 Assured Title Services
Spaw James $152,500 Cape Coral Ttl Ins Agcy Inc
Mazza Salvatore $137,000 Cape Coral Title Insurance A
Kane Alyce -- Attorney
Pozarelli Anthony S $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Lucy M $121,500
Previous Owner Pozarelli Anthony S $68,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2020 10/12/20 Sold $165,000 -5.4% $120 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $174,500 +14.4% $127 / Sq Ft
02/19/2020 02/19/20 Sold $152,500 -15.2% $111 / Sq Ft View Prior Sale
01/20/2020 01/20/20 Pending -- -- --
08/07/2019 08/07/19 For Sale $179,900 -- $131 / 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 $2,076 $146,324 -- --
2024 $2,076 $142,200 -- --
2023 $2,006 $138,058 $0 $0
2022 $1,830 $134,037 $0 $0
2021 $1,851 $130,133 $0 $130,133
2020 $2,428 $118,703 $0 $118,703
2019 $736 $50,865 $0 $0
2018 $728 $49,917 $0 $0
2017 $694 $48,890 $0 $0
2016 $675 $110,090 $0 $110,090
2015 $657 $94,800 $0 $94,800
2014 $588 $69,120 $0 $69,120
2013 -- $57,400 $0 $57,400
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Saunders

    Royal Shell Real Estate, Inc.

    (650) 773-0982

    28 Total Sales

    Jim Saunders
    Section Image
  • Bonnie Miller

    Seller's Agent in 2020

    Bonnie Miller

    EXP Realty LLC

    (239) 229-1339

    5 in this area

    78 Total Sales

    Bonnie Miller
    Section Image

  • D

    Buyer's Agent in 2020

    David Lawrence

    Premiere Plus Realty Company

    (239) 672-2288

    5 in this area

    43 Total Sales

    David Lawrence
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220054552

Florida Gulf Coast Multiple Listing Service

APN: 08-45-24-C1-00702.2030

Florida Lee County Cape Coral 33904 Caloosahatchee

1918 SE 40th Terrace Unit 203, Cape Coral, FL

This home is located at 1918 SE 40th Terrace Unit 203, Cape Coral, FL 33904 since 01 September 2020 and is currently estimated at $252,333, approximately $183 per square foot. This property was built in 1990. 1918 SE 40th Terrace Unit 203 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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