NOT LISTED FOR SALE

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

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

Last Sold December 22, 2023

Last sale price $337,500 $177 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,962/month

14 Days on Market

Highlights

  • Oversized Lot
  • Patio
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of December 2023

Introducing a rare gem in the sought-after SW Cape Coral area! This charming CBS Duplex, conveniently located near Veteran's Parkway, offers easy access to shopping, dining, and top-rated schools, making it an ideal choice for both tenants and investors. Recently equipped with a new roof, this property promises durability and longevity, providing peace of mind to both the owner and tenants. Similar properties in the area command rental rates ranging from $1650 to $1800 per month, showcasing the strong demand for rental units in this prime location. While the property may require some TLC, its potential as a lucrative investment opportunity is undeniable. Don't miss the chance to secure this promising investment in SW Cape Coral. Buyer to assume the assessment balance.

Last Agent to Sell the Property

Michael Darda

Compass Florida LLC License #252000001 Listed on: 12/07/2023

Compass Florida LLC

Co-Listed By

Robert Tyler

Compass Florida LLC License #258018612

Last Buyer's Agent

Michael Darda

Compass Florida LLC License #252000001 Listed on: 12/07/2023

Compass Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,945

Year Built

  • Built in 1978

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120 x 135 x 120 x 135
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,908 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / 4385
  • Assessor Parcel Number 27-44-23-C3-04385.0200

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,945

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3719
  • Lot Size: 120 x 135 x 120 x 135
  • Road Surface Type: Paved
  • Co List Office Mls Id: FCFLLC1
  • Co List Office Phone: 305-851-2820
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1978
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

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

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid
  • Utilities: Cable Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 27-44-23-C3-04385.0200
  • Zoning Description: C-1

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4945.21
  • Tax Block: 4385
  • Tax Lot: 20
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Dec 22, 2023
Sold by
Ottney Kyle
Bought by
Vazquez Oscar and Vazquez Darma L
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Michael Darda
Compass Florida LLC
List Price
$340,000
Sold Price
$337,500
Premium/Discount to List
-$2,500
-0.74%
Views
12
Current Estimated Value
$319,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,043
Avg. Annual Appreciation
-2.94%

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

Closed on
Feb 4, 2016
Sold by
Soca Eddy
Bought by
Ottney Kyle

Home Financials for this Owner

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

Purchase Details

Listed on
Feb 4, 2015
Closed on
Feb 25, 2015
Sold by
Blue River Capital Llc
Bought by
Soca Eddy
Seller's Agent
Jorge Perez
Century 21 Sunbelt Realty
Buyer's Agent
Fred Coral
Starlink Realty, Inc
List Price
$129,000
Sold Price
$120,000
Premium/Discount to List
-$9,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

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:

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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
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 Prior Sale
03/03/2024 03/03/24 Off Market $337,500 -- --
12/22/2023 12/22/23 Sold $337,500 -0.7% $177 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
12/07/2023 12/07/23 For Sale $340,000 +183.3% $178 / Sq Ft
02/04/2015 02/04/15 Sold $120,000 -7.0% $63 / Sq Ft View Prior Sale
02/04/2015 02/04/15 For Sale $129,000 -- $68 / 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

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223088302

Florida Gulf Coast Multiple Listing Service

APN: 27-44-23-C3-04385.0200