NOT LISTED FOR SALE

Estimated Value: $92,000 - $418,000

0.36 Acre
$562,964 Price per Acre
15,682 Sq Ft Lot

Last Sold December 28, 2021

Last sale price $70,000

Est. 203% increase in value since last sale

Current estimated payment $1,299/month

21 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of December 2021

ALL ASSESSMENTS PAID!! Beautiful TRIPLE lot site on a 120' wide freshwater canal! NW rear exposure allows for an amazing sunset view from your backyard. NOT located in a flood zone! This oversized lot is ideal for building your dream home in sunny SW Florida! Easy access to Ft Myers and very close to a multitude of restaurants, shopping, and medical facilities. With the current home inventory so limited, why not buy land and build a brand new house instead!? Need builder recommendations? We have plenty of builders for you...just ask! MOTIVATED SELLER!!

Last Agent to Sell the Property

Heidi Christian

Nexthome South Pointe License #258027009 Listed on: 11/06/2021

Nexthome South Pointe

Last Buyer's Agent

LiLiana Davis

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,075

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 125 x 133 x 125
  • Waterfront
  • Southeast Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Additional Features

  • Canal Views
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 85 / 1525
  • Assessor Parcel Number 08-44-24-C2-01525.0850

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,075

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.36
  • Lot Size: 120 x 125 x 133 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Del Prado to NE 6 St, to NE 24 Ave, to NE 5 St, to NE 23 Ave, to NE 4 St (5th lot on right, past 3rd house)
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot, See Remarks
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: Southeast

Utilities

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

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 08-44-24-C2-01525.0850
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1075.0
  • Tax Block: 1525
  • Tax Lot: 85
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Dec 28, 2021
Sold by
Burgos Alejandro and Burgos Cossette
Bought by
Ott Travis J and Ott Alisa M
Seller's Agent
Heidi Christian
Nexthome South Pointe
Buyer's Agent
LiLiana Davis
List Price
$105,000
Sold Price
$70,000
Premium/Discount to List
-$35,000
-33.33%
Current Estimated Value
$212,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,000
Avg. Annual Appreciation
20.88%

Purchase Details

Listed on
Jan 19, 2021
Closed on
Mar 11, 2021
Sold by
Timmons John F and Timmons Sandra J
Bought by
Burgos Alejandro and Burgos Cossette
Seller's Agent
Smitty Smith
ERA Cape Realty
Buyer's Agent
Heidi Christian
Nexthome South Pointe
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.26%

Purchase Details

Closed on
Aug 18, 2009
Sold by
Timmons John F and Timmons Sandra J
Bought by
The John F Timmons & Sandra Timmons Revo

Purchase Details

Closed on
Jan 24, 2003
Sold by
Deising Bernd
Bought by
Timmons John F and Timmons Sandra J
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
Ott Travis J $70,000 Omnione Title Services
Burgos Alejandro $48,000 Omnione Title Services
The John F Timmons & Sandra Timmons Revo -- None Available
Timmons John F $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ott Alisa Marie $92,000
Open Ott Alisa M $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $70,000 -33.3% --
11/28/2021 11/28/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $105,000 +118.8% --
03/11/2021 03/11/21 Sold $48,000 -19.9% --
02/09/2021 02/09/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $59,900 -- --
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 $1,652 $62,896 -- --
2023 $1,510 $57,178 $0 $0
2022 $1,373 $47,435 $47,435 $0
2021 $1,144 $36,800 $36,800 $0
2020 $1,075 $36,800 $36,800 $0
2019 $976 $33,350 $33,350 $0
2018 $929 $29,325 $29,325 $0
2017 $863 $27,697 $27,697 $0
2016 $792 $25,300 $25,300 $0
2015 $746 $25,300 $25,300 $0
2014 $651 $20,930 $20,930 $0
2013 -- $16,300 $16,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221078390

Florida Gulf Coast Multiple Listing Service

APN: 08-44-24-C2-01525.0850