NOT LISTED FOR SALE

1943 NE 5th Terrace Cape Coral, FL 33909

Hancock Neighborhood

Estimated Value: $375,000 - $456,000

3 Beds
2 Baths
1,536 Sq Ft
$264/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $242,500 $158 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,519/month

1 Day on Market

Highlights

  • Concrete Pool
  • Waterfront
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Vaulted Ceiling

About This Home

As of November 2018

This is the one you've been waiting for! Meticulously maintained, this home is situated on a freshwater canal, featuring 3 bedrooms plus a den, 2 baths, and a heated pool! Also included is a hot tub! ASSESSMENTS IN AND PAID! New carpet, and fresh paint in all the bedrooms. Updated kitchen with granite counter tops and stainless steel appliances. Spacious master suite with his and hers closets, separate tub and walk-in shower, dual sinks. Perfect for rides down to the Seminole and Cherokee Lake, you are able to take guest out for some fun and fishing, or simply enjoy the gorgeous sunsets Florida has to offer, right on the water. Don't miss out on this one, schedule your showing today!

Last Agent to Sell the Property

Ellison Espinal

Sposen Realty & Development License #258020755 Listed on: 10/01/2018

Co-Listed By

Cathlin Pina

SOUTH GLOBE REALTY, INC. License #258025392

Last Buyer's Agent

Lucia Dillard

License #249521164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • Waterfront
  • South Facing Home
  • Fenced
  • Oversized Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Pool

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • French Doors
  • Formal Dining Room
  • Home Office
  • Fire and Smoke Detector
  • Washer

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

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

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 114 / 1532
  • Assessor Parcel Number 08-44-24-C2-01532.1140

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,370

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 85 x 125 x 85 x 125
  • Road Surface Type: Paved
  • Co List Office Mls Id: FSRD
  • Co List Office Phone: (239) 244-8858
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2002
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Above Ground, Electric Heat
  • Private Spa: Yes
  • Appliances: Cooktop, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bathtub, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), High Speed Internet, Custom Mirrors, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Home Office, Split Bedrooms
  • Living Area: 1536.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • View: Canal, Landscaped, Pool
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fence, Sprinkler/Irrigation, Shutters Manual
  • 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, Covered, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 08-44-24-C2-01532.1140
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3370.0
  • Tax Block: 1532
  • Tax Lot: 114
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Nov 2, 2018
Sold by
Douglas Root Sandra L and Douglas Rosebooro
Bought by
Paro David K and Paro Kathleen J
Seller's Agent
Ellison Espinal
Sposen Realty & Development
Buyer's Agent
Lucia Dillard
List Price
$249,900
Sold Price
$242,500
Premium/Discount to List
-$7,400
-2.96%
Current Estimated Value
$405,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,283
Avg. Annual Appreciation
8.11%
Original Mortgage
$250,502
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Listed on
Apr 13, 2016
Closed on
Nov 18, 2016
Sold by
Agostino Raynon J and Agostino Pamela
Bought by
Douglas Root Sandra L and Douglas Rezeboom
Seller's Agent
Ellison Espinal
Sposen Realty & Development
Buyer's Agent
Ellison Espinal
List Price
$274,900
Sold Price
$230,000
Premium/Discount to List
-$44,900
-16.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$100,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 22, 2003
Sold by
Agostino Raymond J and Agostino Pamela S
Bought by
Agostino Raymond J

Purchase Details

Closed on
May 10, 2002
Sold by
Allsafe Bldg Corp
Bought by
Agostino Raymond J and Agostino Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2001
Sold by
Jackson Frank D and Jackson Catherine J
Bought by
Allsafe Bldr Corp
Source: Public Records

Range of Values:

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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
Paro David K $242,500 Hyperion Title
Douglas Root Sandra L $230,000 Hyperion Title
Agostino Raymond J -- --
Agostino Raymond J $130,000 --
Allsafe Bldr Corp $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paro David K $397,718
Closed Paro David K $254,233
Closed Paro Kathleen J $257,782
Closed Paro David K $250,502
Previous Owner Douglas Root Sandra L $100,000
Previous Owner Agostino Raymond J $226,100
Previous Owner Agostino Raymond J $162,578
Previous Owner Agostino Raymond J $127,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $242,500 -3.0% $158 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $249,900 +8.7% $163 / Sq Ft
11/18/2016 11/18/16 Sold $230,000 -16.3% $150 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $274,900 -- $179 / 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 $3,743 $231,736 -- --
2023 $3,743 $224,986 $0 $0
2022 $3,497 $218,433 $0 $0
2021 $3,570 $230,551 $25,650 $204,901
2020 $3,618 $209,143 $25,000 $184,143
2019 $3,549 $206,726 $21,000 $185,726
2018 $3,388 $194,577 $0 $0
2017 $3,370 $190,575 $18,000 $172,575
2016 $1,824 $174,094 $18,503 $155,591
2015 $1,817 $156,591 $17,445 $139,146
2014 -- $150,599 $16,440 $134,159
2013 -- $130,788 $13,625 $117,163
Source: Public Records

Agents Affiliated with this Home

  • Ellison Espinal

    Seller's Agent in 2018

    Ellison Espinal

    Sposen Realty & Development

    (239) 699-1974

    24 in this area

    322 Total Sales

    Ellison Espinal
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Cathlin Pina

    SOUTH GLOBE REALTY, INC.

    (239) 440-2338

    1 in this area

    18 Total Sales

    Cathlin Pina
    Section Image

  • L

    Buyer's Agent in 2018

    Lucia Dillard

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218064316

Florida Gulf Coast Multiple Listing Service

APN: 08-44-24-C2-01532.1140

Florida Lee County Cape Coral 33909 Hancock

1943 NE 5th Terrace, Cape Coral, FL

This home is located at 1943 NE 5th Terrace, Cape Coral, FL 33909 since 01 October 2018 and is currently estimated at $405,783, approximately $264 per square foot. This property was built in 2002. 1943 NE 5th Terrace is a home located in Lee County with nearby schools including Tropic Isles Elementary School, Caloosa Elementary School, and Hancock Creek Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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