NOT LISTED FOR SALE

1948 Skyline Blvd Unit A-B Cape Coral, FL 33991

Trafalgar Neighborhood

Estimated Value: $293,828 - $342,000

4 Beds
4 Baths
1,908 Sq Ft
$167/Sq Ft Est. Value

Last Sold February 04, 2016

Last sale price $164,000 $86 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,962/month

72 Days on Market

Highlights

  • Tile Flooring
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2016

UNDERPRICED DUPLEX IN EXCELLENT CONDITIONS!!! One of the cheapest duplexes per square feet in one of the best rental locations in Cape Coral, built in an oversized triple lot ... Don't miss out on this great investment property ... It is a bargain!!! This cozy 4 bedroom 4 bath duplex is near great schools, the beaches, restaurants and shopping centers. It is conveniently located close to Veterans Memorial Pkwy and Pine Island Rd, for easy access to Ft. Myers' Downtown and airport. Both units have been recently renovated and are just adorable. Each unit has 4 parking spaces. Both units have screened lanais. Because of the location, these units rent very well and quickly. Standard 2Beds/2Baths units in this area could be easily rented out for $900 to $950 a month, each. Then this investment may give you an annual gross return of almost 13%. Take advantage of this great opportunity and schedule your viewing today, before it is gone. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Fred Coral

Starlink Realty, Inc License #252012846 Listed on: 10/24/2015

Starlink Realty, Inc

Last Buyer's Agent

Marne & Gary Eldred

Century 21 Selling Paradise License #252013237

Century 21 Selling Paradise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,908 Sq Ft Home
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, security, telephone, water
  • Legal Lot and Block 20 / 4385
  • Assessor Parcel Number 27-44-23-C2-04385.0200

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Cape Coral Subdivision
  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,354

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3444
  • Lot Size: 120 x 125 x 120 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Driving on Pine Island RD, turn South into Skyline Blvd, and the duplex 1948 Skyline Blvd is going to be on your right. Driving on Veterans Memorial Pkwy, turn North into Skyline, and the duplex 1948 Skyline Blvd is going to be on your left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1978
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Sliding

Exterior Features

  • Lot Features: Multiple lots
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 27-44-23-C2-04385.0200
  • Zoning Description: MR
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Security, Telephone, Water

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 14400.0

Tax Info

  • Tax Annual Amount: 3353.64
  • Tax Block: 4385
  • Tax Lot: 20
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2023
Sold by
Ottney Kyle
Bought by
Vazquez Oscar and Vazquez Darma L
Current Estimated Value
$319,457

Purchase Details

Closed on
Dec 11, 2017
Sold by
1948 Equities Llc
Bought by
Ottney Kyle

Purchase Details

Closed on
May 31, 2016
Sold by
Ottney Kyle
Bought by
1948 Equities Llc

Purchase Details

Listed on
Oct 24, 2015
Closed on
Feb 4, 2016
Sold by
Soca Eddy
Bought by
Ottney Kyle
Seller's Agent
Fred Coral
Starlink Realty, Inc
Buyer's Agent
Marne & Gary Eldred
Century 21 Selling Paradise
List Price
$172,500
Sold Price
$164,000
Premium/Discount to List
-$8,500
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$105,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2015
Sold by
Blue River Capital Llc
Bought by
Soca Eddy

Purchase Details

Closed on
Jan 4, 2011
Sold by
Montes Raul E
Bought by
Blue River Capital Llc

Purchase Details

Closed on
Jun 15, 2004
Sold by
Leitch Andrew S and Garcia Aracelly Noemi
Bought by
Montes Raul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,710
Interest Rate
5.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2003
Sold by
Norton Terence and Norton Audry
Bought by
Leitch Andrew S and Garcia Aracelly Noemi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,910
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 2000
Sold by
Daughtrey E Calvin
Bought by
Norton Terence and Norton Audrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,260
Interest Rate
7.96%
Mortgage Type
Commercial
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
Vazquez Oscar $337,500 Esquire Land Title
Ottney Kyle -- Attorney
1948 Equities Llc $104,000 None Available
Ottney Kyle $164,000 Sandbar Title Llc
Soca Eddy $120,000 Title Professionals
Blue River Capital Llc $55,000 Title Specialists Of The Gul
Montes Raul E $151,900 Centurion Title Llc
Leitch Andrew S $139,900 --
Norton Terence $91,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ottney Kyle $105,000
Previous Owner Montes Raul E $136,710
Previous Owner Leitch Andrew S $12,910
Previous Owner Norton Terence $82,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2016 02/04/16 Sold $164,000 -4.9% $86 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
10/24/2015 10/24/15 For Sale $172,500 -- $90 / 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 $3,428 $101,585 -- --
2024 $3,428 $98,722 -- --
2023 $5,321 $174,413 $0 $0
2022 $4,945 $158,557 $0 $0
2021 $4,599 $144,143 $26,229 $117,914
2020 $4,392 $132,436 $24,489 $107,947
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: 215059902

Florida Gulf Coast Multiple Listing Service

APN: 27-44-23-C3-04385.0200