NOT LISTED FOR SALE

2018 Ottersrest Ln Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $240,927 - $424,000

0.33 Acre
$949,341 Price per Acre
14,418 Sq Ft Lot

Last Sold September 02, 2022

Last sale price $275,000

Est. 14% increase in value since last sale

Current estimated payment $2,128/month

Highlights

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

About This Lot

As of September 2022

Looking for a great lot to build your dream home? You’ve found it! Check out this TRIPLE LOT with DIRECT ACCESS (no bridges or locks) to the Caloosahatchee River and Gulf of Mexico! Highly desired southern-facing canal view. SEAWALL is in place; no need to deal with the delay that comes with seawall permitting and installation. City water and sewer assessments are paid. Located on quiet street near shopping, easy access to the bridges to beaches.

Last Agent to Sell the Property

Maria Nguyen

Realty One Group MVP License #258029282 Listed on: 06/11/2022

Last Buyer's Agent

Marisel Armenteros Reguera

Myland Realty Inc License #258027928

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,650

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120 x 120 x 120 x 120
  • Waterfront
  • North Facing Home
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Underground Utilities
  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 65-67 / 4
  • Assessor Parcel Number 29-44-24-C2-00104.0650

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,650

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.331
  • Lot Size: 120 x 120 x 120 x 120
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: North

Utilities

  • Sewer: Assessment Paid
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Underground Utilities, Water Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 29-44-24-C2-00104.0650
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2649.81
  • Tax Block: 4
  • Tax Lot: 65-67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Aug 29, 2022
Sold by
Thomas Huynh
Bought by
New Capital Solutions Llc
Seller's Agent
Maria Nguyen
Realty One Group MVP
Buyer's Agent
Marisel Armenteros Reguera
Myland Realty Inc
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$314,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,232
Avg. Annual Appreciation
4.32%

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jan 3, 2022
Sold by
Stramel Linda Petros and Padula Ralph D
Bought by
Huynh Thomas
Seller's Agent
Steve Komondorea
RealAmerica Realty Corp
Buyer's Agent
Maria Nguyen
Realty One Group MVP
List Price
$250,000
Sold Price
$248,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.95%

Purchase Details

Closed on
Jan 14, 2021
Sold by
Padula Ralph D and Padula Ralph Dean
Bought by
Padula Ralph D and Padula Ralph D

Purchase Details

Closed on
Apr 28, 1995
Sold by
Padula R Dean
Bought by
Bradford Sam J and Bradford Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.35%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
New Capital Solutions Llc $275,000 Title Experts Agency
Huynh Thomas $248,000 Attorney
Padula Ralph D -- None Available
Bradford Sam J $67,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bradford Sam J $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2022 09/02/22 Sold $275,000 -6.8% --
09/02/2022 09/02/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $295,000 +19.0% --
01/04/2022 01/04/22 Sold $248,000 -0.8% -- View Prior Sale
01/03/2022 01/03/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $250,000 -- --
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 $5,758 $256,139 $256,139 --
2024 $6,990 $341,858 $341,858 --
2023 $6,990 $404,689 $350,994 $0
2022 $3,300 $136,620 $0 $0
2021 $2,650 $124,200 $124,200 $0
2020 $2,733 $126,500 $126,500 $0
2019 $2,585 $120,750 $120,750 $0
2018 $2,482 $115,000 $115,000 $0
2017 $2,472 $130,088 $130,088 $0
2016 $2,178 $103,500 $103,500 $0
2015 $1,998 $89,700 $89,700 $0
2014 $1,975 $89,700 $89,700 $0
2013 -- $88,000 $88,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maria Nguyen

    Realty One Group MVP

    (239) 888-2977

    5 in this area

    21 Total Sales

    Maria Nguyen
    Section Image
  • Steve Komondorea

    Seller's Agent in 2022

    Steve Komondorea

    RealAmerica Realty Corp

    (239) 738-6969

    23 in this area

    27 Total Sales

    Steve Komondorea
    Section Image

  • M

    Buyer's Agent in 2022

    Marisel Armenteros Reguera

    Myland Realty Inc

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222045065

Florida Gulf Coast Multiple Listing Service

APN: 29-44-24-C2-00104.0650

Florida Lee County Cape Coral 33990 Hancock

2018 Ottersrest Ln, Cape Coral, FL

This home is located at 2018 Ottersrest Ln, Cape Coral, FL 33990 since 11 June 2022 and is currently estimated at $314,232. 2018 Ottersrest Ln is a home located in Lee County with nearby schools including Caloosa Elementary School, Cape Elementary School, and Tropic Isles 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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