NOT LISTED FOR SALE

Estimated Value: $1,085,949 - $1,175,000

3 Beds
2.5 Baths
3,137 Sq Ft
$360/Sq Ft Est. Value

Last Sold October 24, 2019

Last sale price $690,000 $220 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,405/month

81 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of October 2019

Location! Location! Location! Boater's Dream Home with Southern Exposure in Palaco Grande! Direct sailboat access! One of the most coveted and highly sought after styles of property in Cape Coral are those that are graced with the sights and sounds of water lapping at their property's edge. This waterfront community in Cape Coral has the unparalleled advantage of some of the most incredible views. This Huge/expansive 3 bedroom 2-1/2 bath heated pool home is situated on a deep lot in the immensely favored neighborhood of Palaco Grande, just minutes away from the Caloosahatchee River. Large Dock, Captains walk and 20,000 LB. boat lift. Welcome to your new executive home in paradise!!! Be sure to check out the virtual tour and drone video.

Last Agent to Sell the Property

Eric Naugle

RE/MAX Trend License #252013279 Listed on: 07/04/2019

RE/MAX Trend

Last Buyer's Agent

Patricia O'Neill-Scheidt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,271

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • North Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,137 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • Cathedral Ceiling
  • Single Hung Windows
  • French Doors
  • Open Floorplan
  • Home Office
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Screen Enclosure
  • Heated Spa
  • In Ground Spa
  • Gunite Spa

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Kitchen
  • Outdoor Grill
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 24 / 582
  • Assessor Parcel Number 05-45-24-C2-00582.0240

Community Details

Overview

  • No Home Owners Association
  • Palaco Grande Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,271

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: PALACO GRANDE
  • Directions: Del Prado to East on Palaco Grande. Right on SE 19th Pl and left on SE 35th S. Home is on the Right.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Electric Heat, Gunite, In Ground, Screened
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), High Speed Internet, Living/Dining Room, Pantry, Tub Shower, Cable TV, Bar, Walk-In Closet(s), Central Vacuum, Home Office, Split Bedrooms
  • Living Area: 3137.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Brick, Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Outdoor Grill, Outdoor Kitchen
  • 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, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-24-C2-00582.0240
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 9271.0
  • Tax Block: 582
  • Tax Lot: 24
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Oct 24, 2019
Sold by
Elnitsky Philip
Bought by
Porter Wayne Michael and Porter Karen S
Seller's Agent
Eric Naugle
RE/MAX Trend
Buyer's Agent
Patricia O'Neill-Scheidt
List Price
$739,000
Sold Price
$690,000
Premium/Discount to List
-$49,000
-6.63%
Current Estimated Value
$1,128,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,487
Avg. Annual Appreciation
9.75%
Original Mortgage
$552,000
Outstanding Balance
$485,707
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$698,880

Purchase Details

Listed on
Jul 4, 2019
Closed on
Oct 22, 2019
Sold by
Avatar Properties Inc
Bought by
Porter Wayne and Porter Karen
Seller's Agent
Eric Naugle
RE/MAX Trend
Buyer's Agent
Patricia O'Neill-Scheidt
List Price
$739,000
Sold Price
$690,000
Premium/Discount to List
-$49,000
-6.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$485,707
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$698,880

Purchase Details

Closed on
Sep 9, 2014
Sold by
Elnitsky Philip S and Kantorova Jana
Bought by
Elnitsky Philip S

Purchase Details

Closed on
Dec 6, 2010
Sold by
Brennan Janet L
Bought by
Elnitsky Philip S and Kantorova Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 27, 1996
Sold by
Depew Joe D and Depew Thelma L
Bought by
Brennan Thomas F and Brennan Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Porter Wayne Michael $690,000 Title Professionals Of Fl
Porter Wayne -- Title Professionals Of Fl
Elnitsky Philip S -- Attorney
Elnitsky Philip S $450,000 First Priority Title Llc
Brennan Thomas F $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Porter Wayne Michael $552,000
Previous Owner Elnitsky Phillip S $312,000
Previous Owner Elnitsky Philip S $337,500
Previous Owner Brennan Thomas F $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2019 10/24/19 Sold $690,000 -6.6% $220 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $739,000 -- $236 / 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 $15,072 $838,339 -- --
2023 $15,072 $762,126 $0 $0
2022 $12,364 $614,796 $0 $0
2021 $10,353 $595,881 $277,457 $318,424
2020 $9,501 $489,332 $241,000 $248,332
2019 $9,461 $489,333 $234,100 $255,233
2018 $9,271 $467,557 $215,000 $252,557
2017 $9,804 $499,854 $190,000 $309,854
2016 $8,911 $434,894 $207,428 $227,466
2015 $9,342 $445,700 $208,001 $237,699
2014 $10,462 $489,682 $206,968 $282,714
2013 -- $441,279 $183,041 $258,238
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219046243

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C2-00582.0240