NOT LISTED FOR SALE

1940 NW 34th Ave Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $121,054 - $217,000

0.23 Acre
$748,983 Price per Acre
10,106 Sq Ft Lot

Last Sold June 21, 2022

Last sale price $140,000

Est. 24% increase in value since last sale

Current estimated payment $1,116/month

Highlights

  • Water access To Gulf or Ocean
  • Home fronts a canal
  • Paved or Partially Paved Lot
  • Cape Elementary School Rated A-
  • Door to Door Trash Pickup

About This Lot

As of June 2022

Calling all boaters! Here is your opportunity to build your very own dream home in beautiful Cape Coral. This 1/4 acre lot is located on the Tuna Canal with direct access to the Gulf of Mexico! Conveniently located near many popular beaches and vacation destinations such as Sanibel, Captiva and Matlacha. Enjoy your evening sunsets on the water in your backyard! This is an amazing opportunity for an investor or a new construction home. Call today.

Last Agent to Sell the Property

Andrew Lynch

Potter Trinity License #BEAR-3341596 Listed on: 01/22/2022

Last Buyer's Agent

Andrew Lynch

Potter Trinity License #BEAR-3341596 Listed on: 01/22/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,140

Lot Details

  • 10,106 Sq Ft Lot
  • Home fronts a canal
  • West Facing Home
  • Paved or Partially Paved Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 31-43-23-C2-04301.0110
  • Tax Block 4301

Community Details

Overview

  • Cape Coral Condos
  • Cape Coral Community

Amenities

  • Door to Door Trash Pickup

Recreation

  • Water access To Gulf or Ocean
  • Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$1,140

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 61 BLK 4301 PB 21 PG 14 LOTS 11 + 12
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.691093$-82.043892$211.28$13.33$1.00$V6HpGZbZiupYhBit7ehwUw
  • Property Information: Calling all boaters! Here is your opportunity to build your very own dream home in beautiful Cape Coral. This 1/4 acre lot is located on the Tuna Canal with direct access to the Gulf of Mexico! Conveniently located near many popular beaches and vacation destinations such as Sanibel, Captiva and Matlacha. Enjoy your evening sunsets on the water in your backyard! This is an amazing opportunity for an investor or a new construction home. Call today.
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 31-80
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Gulf Access Yn: Yes
  • Waterfront Description: Canal
  • Road: Paved Road, Public Road
  • View: Canal

Utilities

  • Utilities Available: Electric, Trash Removal

Condo/Co-op/Association

  • Restrictions: No Commercial, No Rv
  • Sub Condo Name: CAPE CORAL
  • Development Name: CAPE CORAL

Association/Amenities

  • Development: Cape Coral
  • Community Type: Non-Gated

Lot Info

  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 11
  • Price Per Acre: 603448.28
  • Section: 31
  • Zoning Code: R1-W
  • Acres: 0.2320
  • Waterfront: Yes
  • Ground Cover: Grass
  • Land Improvements: Cleared
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Rear Exposure: W
  • Usage: Single Family
  • Parcel Number: 31-43-23-C2-04301.0110

Tax Info

  • Taxes: 1140.00
  • Tax Year: 2020
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Jun 17, 2022
Sold by
Milligan Trust
Bought by
Vega Emmanuel and Perez-Vega Amy
Seller's Agent
Andrew Lynch
Potter Trinity
Buyer's Agent
Andrew Lynch
Potter Trinity
List Price
$210,000
Sold Price
$140,000
Premium/Discount to List
-$70,000
-33.33%
Current Estimated Value
$173,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,764
Avg. Annual Appreciation
6.56%
Original Mortgage
$75,000
Outstanding Balance
$62,725
Interest Rate
4.48%
Mortgage Type
Balloon
Estimated Equity
$111,039

Purchase Details

Closed on
Jun 20, 2002
Sold by
Milligan Karen M
Bought by
Milligan Tr
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
Vega Emmanuel $140,000 Bonita Title
Milligan Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Emmanuel $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $140,000 -21.8% --
05/17/2022 05/17/22 Pending -- -- --
03/19/2022 03/19/22 Price Changed $179,000 -14.8% --
01/22/2022 01/22/22 For Sale $210,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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 $2,423 $132,430 $132,430 --
2024 $2,985 $124,402 $124,402 --
2023 $2,985 $160,669 $93,187 $0
2022 $1,470 $52,800 $0 $0
2021 $1,183 $48,000 $48,000 $0
2020 $1,140 $45,000 $45,000 $0
2019 $1,174 $52,000 $52,000 $0
2018 $1,141 $52,000 $52,000 $0
2017 $1,042 $45,000 $45,000 $0
2016 $991 $45,000 $45,000 $0
2015 $934 $43,000 $43,000 $0
2014 -- $36,000 $36,000 $0
2013 -- $26,000 $26,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrew Lynch

    Potter Trinity

    (239) 887-9558

    4 in this area

    68 Total Sales

    Andrew Lynch
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 222005243

Multiple Listing Service of Bonita Springs-Estero

APN: 31-43-23-C2-04301.0110

Florida Lee County Cape Coral 33993 Burnt Store

1940 NW 34th Ave, Cape Coral, FL

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