NOT LISTED FOR SALE

2128 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $473,000 - $719,000

3 Beds
2 Baths
1,540 Sq Ft
$393/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $669,000 $434 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,019/month

48 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Cape Elementary School Rated A-
  • Concrete Pool
  • Canal View

About This Home

As of September 2023

BEST PRICED SW CAPE GULF ACCESS POOL HOME! Southern rear exposure on Intersecting Canals with a big basin view. Boat lift and captain’s walk w/ low maintenance Trex decking and tiki hut compliment your waterfront lifestyle. Home is move in ready, offered turnkey/furnished complete w/ tropical artwork. Larger under truss lanai overlooks the newer custom salt water pool/spa and is the perfect please to entertain family and friends while enjoying the SW FL weather. Notice the custom tile inlays in the pool surface. The picture frame pool cage highlights the water view. Southern rear exposure means your pool is always in the sun! Inside this 3/2 you’ll find an updated kitchen w/ plenty of cabinets for storage, stainless steel appliances, granite counters. Open kitchen overlooks the great room, making for an efficient layout. Owner’s suite features large walk-in closet and south facing windows for lots of natural light. New roof 2023. New dock 2014. House replumbed recently. Established floratam lawn, with irrigation, concrete curbing and mature tropical landscaping add to the curb appeal of this beautiful home. Large laundry room w/ front load washer/dryer and utility sink.

Last Agent to Sell the Property

James Sommers Pa

RE/MAX Trend License #258004921 Listed on: 07/13/2023

RE/MAX Trend

Last Buyer's Agent

Jose Echevarria

Keller Williams Realty Fort Myers and the Islands License #258025014

Keller Williams Realty Fort Myers and the Islands

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,254

Year Built

  • Built in 1987

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Waterfront Basin
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 15 / 4692
  • Assessor Parcel Number 09-45-23-C1-04692.0150

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,254

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, Gunite, In Ground
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Main Level Master, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1540.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Basin, Canal Access, Intersecting Canal, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Shutters Manual
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 09-45-23-C1-04692.0150
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 7253.62
  • Tax Block: 4692
  • Tax Lot: 15
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 1, 2023
Sold by
Miller Paul C
Bought by
Nicodemus Paul and Nicodemus Kay
Seller's Agent
James Sommers Pa
RE/MAX Trend
Buyer's Agent
Jose Echevarria
Keller Williams Realty Fort Myers and the Islands
List Price
$669,000
Sold Price
$669,000
Views
38
Current Estimated Value
$613,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,014
Avg. Annual Appreciation
-3.72%
Original Mortgage
$602,100
Outstanding Balance
$591,852
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$29,303

Purchase Details

Closed on
Jun 21, 2021
Sold by
Barber Theresa A and Barber Brian
Bought by
Miller Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2012
Sold by
Neichin Jeffrey M and Neichin Carole A
Bought by
Barber Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
Buchheit Scott E and Buchheit Rene K
Bought by
Neichin Jeffrey M and Neichin Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.45%
Mortgage Type
Unknown

Purchase Details

Closed on
May 30, 2002
Sold by
Briggs Marion B and Briggs Marion H
Bought by
Buchhei Scott E and Buchheit Rene K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.85%
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
Nicodemus Paul $669,000 Sandcastle Title Services
Miller Paul C $475,000 Stewart Title Company
Barber Theresa A $275,000 Fidelity National Title Of F
Neichin Jeffrey M $270,000 Stewart Title Company
Buchhei Scott E $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicodemus Paul $602,100
Previous Owner Miller Paul C $368,000
Previous Owner Barber Theresa A $281,250
Previous Owner Barber Theresa A $278,000
Previous Owner Barber Theresa A $247,500
Previous Owner Neichin Jeffrey M $185,140
Previous Owner Neichin Jeffrey M $200,000
Previous Owner Buchheit Rene K $50,000
Previous Owner Buchheit Scott E $257,700
Previous Owner Briggs Marion B $45,000
Previous Owner Briggs Marion B $195,000
Previous Owner Buchhei Scott E $152,000
Previous Owner Briggs Marion B $74,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $669,000 0.0% $434 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $669,000 -- $434 / 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
2024 $8,073 $459,616 $162,270 $213,525
2023 $8,073 $450,412 $0 $0
2022 $7,254 $409,465 $190,503 $218,962
2021 $5,516 $275,052 $145,159 $129,893
2020 $5,515 $250,323 $118,800 $131,523
2019 $5,364 $234,168 $118,800 $115,368
2018 $5,534 $236,607 $107,800 $128,807
2017 $5,656 $239,823 $88,000 $151,823
2016 $5,285 $214,650 $109,260 $105,390
2015 $5,308 $206,599 $100,255 $106,344
2014 -- $196,391 $86,969 $109,422
2013 -- $195,285 $68,585 $126,700
Source: Public Records

Agents Affiliated with this Home

  • James Sommers Pa

    Seller's Agent in 2023

    James Sommers Pa

    RE/MAX

    (239) 851-2351

    31 in this area

    383 Total Sales

    Section Image

  • J

    Buyer's Agent in 2023

    Jose Echevarria

    Keller Williams Realty Fort Myers and the Islands

    (860) 818-8440

    14 in this area

    103 Total Sales

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223050741

Florida Gulf Coast Multiple Listing Service

APN: 09-45-23-C1-04692.0150

Florida Lee County Cape Coral 33914 Pelican

2128 SW 40th Terrace, Cape Coral, FL

This home is located at 2128 SW 40th Terrace, Cape Coral, FL 33914 since 13 July 2023 and is currently estimated at $605,771, approximately $393 per square foot. This property was built in 1987. 2128 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.

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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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