NOT LISTED FOR SALE

Estimated Value: $989,000 - $1,711,239

0.28 Acre
$5,149,220 Price per Acre
12,284 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $380,000

Est. 282% increase in value since last sale

Current estimated payment $8,150/month

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of December 2020

RARE OVERSIZED GULF ACCESS WATERFRONT LOT WITH SOUTHERN EXPOSURE! Highly desirable, Unit 69, SW Cape Coral location on wide intersecting Gulf Access canals. A true one-of-a-kind corner lot with around 130’ of salt water canal frontage. Seawall and concrete dock in place. All assessments paid! Build your dream home surrounded by upscale homes. Amazing views across Eternity and Merrick Canals. Panoramic East to West views, sunrise to sunset! Close to Cape Harbour Marina FABULOUS Eateries, parks, shopping Approx. 62'x129'x122'x125' Higher elevation. Minutes to the Beautiful Golf Course, Palmetto Pines Country Club.

Last Agent to Sell the Property

Lynn Hesselbach

Miloff Aubuchon Realty Group License #641528045 Listed on: 07/28/2020

Miloff Aubuchon Realty Group

Last Buyer's Agent

Michele Schafer

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,754

Lot Details

  • 0.28 Acre Lot
  • Home fronts a seawall
  • Home fronts a canal
  • North Facing Home
  • Oversized Lot
  • Irregular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Underground Utilities
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 4586
  • Assessor Parcel Number 16-45-23-C1-04586.0060

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$3,754

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.282
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: West on Cape Coral Parkway, South on Agualinda, East on SW 51st Street. Home site on your right at sign.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot
  • View: Canal
  • Waterfront Features: Intersecting Canal, Seawall
  • Waterfront: Yes
  • Direction Faces: North

Utilities

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

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 16-45-23-C1-04586.0060
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3754.0
  • Tax Block: 4586
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Dec 4, 2020
Sold by
Mumm Randy R and Mumm Teresa S
Bought by
Schmitt Randi M and Schmitt Donald W
Seller's Agent
Lynn Hesselbach
Miloff Aubuchon Realty Group
Buyer's Agent
Michele Schafer
List Price
$419,990
Sold Price
$380,000
Premium/Discount to List
-$39,990
-9.52%
Current Estimated Value
$1,452,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,072,080
Avg. Annual Appreciation
32.10%

Purchase Details

Listed on
May 5, 2016
Closed on
Feb 14, 2017
Sold by
Hide Lee
Bought by
Mumm Randy R and Mumm Teresa S
Seller's Agent
Cody Hinson
Buyer's Agent
Lynn Hesselbach
Miloff Aubuchon Realty Group
List Price
$459,950
Sold Price
$325,000
Premium/Discount to List
-$134,950
-29.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.19%
Original Mortgage
$243,750
Interest Rate
4.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2005
Sold by
Klein Andreas
Bought by
Hide Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2005
Sold by
Klein Andreas
Bought by
Hide Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 5, 1999
Sold by
Immo Flash Real Estate Inc
Bought by
Klein Andreas
Source: Public Records

Range of Values:

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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
Schmitt Randi M $380,000 Omnione Title Services
Mumm Randy R $325,000 Omnione Title Services Llc
Hide Lee -- Best Title Solutions Inc
Hide Lee $520,000 Best Title Solutions Inc
Klein Andreas $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Randi M $1,142,301
Previous Owner Mumm Randy R $243,750
Previous Owner Hide Lee $390,000
Previous Owner Hide Lee $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2020 12/04/20 Sold $380,000 -9.5% --
11/04/2020 11/04/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $419,990 +29.2% --
02/14/2017 02/14/17 Sold $325,000 -29.3% --
01/17/2017 01/17/17 Pending -- -- --
05/05/2016 05/05/16 For Sale $459,950 -- --
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 $5,781 $1,523,500 $449,413 $856,407
2023 $5,781 $282,676 $0 $0
2022 $4,500 $252,936 $252,936 $0
2021 $4,497 $233,616 $233,616 $0
2020 $4,004 $199,116 $195,500 $3,616
2019 $3,754 $187,616 $184,000 $3,616
2018 $4,989 $249,716 $246,100 $3,616
2017 $4,358 $293,105 $289,489 $3,616
2016 $3,910 $247,416 $247,416 $0
2015 $3,555 $210,616 $210,616 $0
2014 -- $193,487 $193,487 $0
2013 -- $160,957 $160,957 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220046392

Florida Gulf Coast Multiple Listing Service

APN: 16-45-23-C1-04586.0060