NOT LISTED FOR SALE

2116 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $725,000 - $990,000

0.23 Acre
$3,708,404 Price per Acre
10,019 Sq Ft Lot

Last Sold May 10, 2018

Last sale price $185,000

Est. 366% increase in value since last sale

Current estimated payment $5,656/month

97 Days on Market

Highlights

  • Home fronts a seawall
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of May 2018

Awesome building site with desirable southern rear exposure! Located on 125 ft. wide Rose Canal in a well maintained neighborhood of the SW Cape. Seawall and concrete dock already installed. No delays to start building your dream home. Assessments paid. Four mature palm trees along the seawall hightlight the water???????????????????????????????????????? views.

Last Agent to Sell the Property

Karl Aschenbrenner

Premier Cape Realty Inc. License #252012966 Listed on: 01/02/2018

Premier Cape Realty Inc.

Last Buyer's Agent

Markus Hartwich Pa

Gulf Gateway Realty, Inc. License #258016080

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,789

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Home fronts a seawall
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9+10 / 4692
  • Assessor Parcel Number 09-45-23-C1-04692.0090

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,789

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: North on Agualinda Blvd ... turn left (west) on SW 40th Ter ... lot is on left side.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Assessment Paid, See Remarks
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Assessment Paid, See Remarks

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 09-45-23-C1-04692.0090
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1789.0
  • Tax Block: 4692
  • Tax Lot: 9+10
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
May 10, 2018
Sold by
Aqua Marin Inc
Bought by
Lenz Steven and Lenz Christin
Seller's Agent
Karl Aschenbrenner
Premier Cape Realty Inc.
Buyer's Agent
Markus Hartwich Pa
Gulf Gateway Realty, Inc.
List Price
$199,000
Sold Price
$185,000
Premium/Discount to List
-$14,000
-7.04%
Current Estimated Value
$862,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$677,894
Avg. Annual Appreciation
24.65%

Purchase Details

Listed on
Jun 11, 2016
Closed on
Nov 30, 2016
Sold by
Belllinger Services Lc
Bought by
Aqua Marin Inc
Seller's Agent
Dirk Fischer
5th Homes
Buyer's Agent
Karl Aschenbrenner
Premier Cape Realty Inc.
List Price
$163,000
Sold Price
$137,000
Premium/Discount to List
-$26,000
-15.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.19%

Purchase Details

Closed on
Feb 13, 2012
Sold by
Silver Herbert I
Bought by
Bellinger Services Llc

Purchase Details

Closed on
Mar 31, 2000
Sold by
Ludtke Robert and Ludtke Waltraud
Bought by
Silver Herbert I

Purchase Details

Closed on
Mar 9, 1999
Sold by
Wegner Marion M and Wegner Martha L
Bought by
Ludtke Robert and Ludtke Waltraud
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
Lenz Steven $185,000 Attorney
Aqua Marin Inc $137,000 Realty Title Solutions Lllp
Bellinger Services Llc $110,000 Best Title Solutions Inc
Silver Herbert I $30,500 --
Ludtke Robert $27,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2018 05/10/18 Sold $185,000 -7.0% --
04/10/2018 04/10/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $199,000 +45.3% --
11/30/2016 11/30/16 Sold $137,000 -16.0% --
10/31/2016 10/31/16 Pending -- -- --
06/11/2016 06/11/16 For Sale $163,000 -- --
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
2024 $12,924 $716,429 -- --
2023 $12,924 $651,299 $0 $0
2022 $11,531 $592,090 $0 $0
2021 $10,037 $539,149 $165,677 $373,472
2020 $9,316 $489,331 $108,000 $381,331
2019 $2,317 $113,822 $108,000 $5,822
2018 $2,038 $103,948 $98,000 $5,948
2017 $1,789 $79,073 $72,998 $6,075
2016 $1,713 $86,202 $86,202 $0
2015 $1,595 $78,102 $78,102 $0
2014 $1,336 $63,300 $63,300 $0
2013 -- $46,600 $46,600 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Karl Aschenbrenner

    Premier Cape Realty Inc.

    (239) 689-0461

    25 in this area

    35 Total Sales

    Section Image
  • Markus Hartwich Pa

    Buyer's Agent in 2018

    Markus Hartwich Pa

    Gulf Gateway Realty, Inc.

    (239) 728-8330

    61 in this area

    202 Total Sales

    Section Image
  • Dirk Fischer

    Seller's Agent in 2016

    Dirk Fischer

    5th Homes

    (239) 250-7337

    73 Total Sales

    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218000289

Florida Gulf Coast Multiple Listing Service

APN: 09-45-23-C1-04692.0090

Florida Lee County Cape Coral 33914 Pelican

2116 SW 40th Terrace, Cape Coral, FL

This home is located at 2116 SW 40th Terrace, Cape Coral, FL 33914 since 02 January 2018 and is currently estimated at $852,933. 2116 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa 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

Nearby Homes