NOT LISTED FOR SALE

2231 NE 5th Terrace Cape Coral, FL 33909

Hancock Neighborhood

Estimated Value: $368,017 - $440,000

3 Beds
2 Baths
1,408 Sq Ft
$280/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $350,000 $249 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,604/month

51 Days on Market

Highlights

  • Heated In Ground Pool
  • Waterfront
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Cathedral Ceiling

About This Home

As of January 2022

ASSESMENTS PAID! Come and get your piece of paradise with this 3 bedroom, two bath, open floor plan, pool home on a fresh water canal. You can relax in your pool or do a little fishing in the canal. This home is in a great location. You have shopping and restaurants within minutes. It is a short drive to downtown Fort Myers. This home would make a great second home or year-round home. Call today to make your appointment to see this home.

Last Agent to Sell the Property

Brenda Burke

Cornerstone Coastal Properties License #258006972 Listed on: 11/12/2021

Last Buyer's Agent

Barry Johnson

SellState Excelsior Realty License #506014524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 56 / 1527
  • Assessor Parcel Number 08-44-24-C2-01527.0560

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,145

Year Built

Built in 2005

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: 2005
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Cathedral Ceiling(s), Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1408.0
  • Stories: 1
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Electric Heat, Heated, In Ground, Screen Enclosure
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Shutters Manual
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • 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: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 08-44-24-C2-01527.0560
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4145.0
  • Tax Block: 1527
  • Tax Lot: 56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Gillepsie Iii George A
Bought by
Gillespie Revocable Trust
Current Estimated Value
$394,754

Purchase Details

Listed on
Nov 12, 2021
Closed on
Jan 3, 2022
Sold by
Young Ryan S and Young Alexis J
Bought by
Gillespie George A
Seller's Agent
Brenda Burke
Cornerstone Coastal Properties
Buyer's Agent
Barry Johnson
SellState Excelsior Realty
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$280,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 10, 2020
Closed on
Sep 18, 2020
Sold by
Weerd Mosley Leen De
Bought by
Young Ryan S and Young Alexis J
Seller's Agent
Cynthia 'Cindy' Brown
Gulf Coast Living Real Estate, Inc
Buyer's Agent
Brenda Burke
List Price
$290,000
Sold Price
$280,000
Premium/Discount to List
-$10,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.88%
Original Mortgage
$266,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 16, 2018
Sold by
Wegener Wener
Bought by
Weerd Mosley Leen De
Seller's Agent
Evelyn Mallous
Palm Paradise Realty Group
Buyer's Agent
Claude Thomas
Premiere Plus Realty Company
List Price
$264,900
Sold Price
$262,000
Premium/Discount to List
-$2,900
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%

Purchase Details

Listed on
Apr 6, 2016
Closed on
Dec 14, 2016
Sold by
Vonmurphy Michael Von
Bought by
Wegner Erner
Seller's Agent
Kevin Daly
Century 21 Sunbelt Realty
Buyer's Agent
Cristina Mendez
List Price
$249,900
Sold Price
$224,900
Premium/Discount to List
-$25,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$164,900
Interest Rate
3.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 30, 2004
Sold by
First Home Builders Of Florida
Bought by
Vonmurphy Michael Von

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,580
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2003
Sold by
Kidwell Patricia A and Thomas Nelda Mae Webster
Bought by
1St Home Bldr Fl
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
Gillespie Revocable Trust $100 Neilson Law Pa
Gillespie George A $350,000 Landsel Title Agency Inc
Young Ryan S $280,000 Security Ttl & Abstract Llc
Weerd Mosley Leen De $262,000 Breeze Escrow & Title Inc
Wegner Erner $224,900 Palm Title Associates Inc
Vonmurphy Michael Von $49,900 First Home Title Inc
1St Home Bldr Fl $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillespie George A $280,000
Previous Owner Young Ryan S $266,000
Previous Owner Weerd Mosley Leen De $201,000
Previous Owner Wegner Erner $164,900
Previous Owner Vonmurphy Michael $78,000
Previous Owner Vonmurphy Michael Von $158,580
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $350,000 0.0% $249 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
11/12/2021 11/12/21 For Sale $350,000 +25.0% $249 / Sq Ft
09/18/2020 09/18/20 Sold $280,000 -3.4% $199 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
08/10/2020 08/10/20 For Sale $290,000 +10.7% $206 / Sq Ft
03/16/2018 03/16/18 Sold $262,000 -1.1% $186 / Sq Ft
02/14/2018 02/14/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $264,900 +17.8% $188 / Sq Ft
12/14/2016 12/14/16 Sold $224,900 -10.0% $160 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $249,900 -- $177 / 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 $5,431 $325,585 $64,850 $240,987
2023 $5,431 $333,339 $54,569 $266,343
2022 $4,830 $241,086 $0 $0
2021 $4,376 $219,169 $25,000 $194,169
2020 $4,145 $198,656 $25,000 $173,656
2019 $4,073 $196,222 $21,000 $175,222
2018 $3,940 $184,916 $19,000 $165,916
2017 $3,929 $180,880 $18,000 $162,880
2016 $3,583 $165,471 $18,000 $147,471
2015 $3,339 $148,793 $17,000 $131,793
2014 $3,239 $139,998 $16,000 $123,998
2013 -- $120,598 $15,800 $104,798
Source: Public Records

Agents Affiliated with this Home

  • Brenda Burke

    Seller's Agent in 2022

    Brenda Burke

    Cornerstone Coastal Properties

    (239) 848-7321

    5 in this area

    46 Total Sales

    Brenda Burke
    Section Image
  • Barry Johnson

    Buyer's Agent in 2022

    Barry Johnson

    SellState Excelsior Realty

    (239) 257-1992

    5 in this area

    14 Total Sales

    Barry Johnson
    Section Image
  • Cynthia 'Cindy' Brown

    Seller's Agent in 2020

    Cynthia 'Cindy' Brown

    Gulf Coast Living Real Estate, Inc

    (561) 927-7350

    18 in this area

    146 Total Sales

    Cynthia 'Cindy' Brown
    Section Image

  • E

    Seller's Agent in 2018

    Evelyn Mallous

    Palm Paradise Realty Group

    (239) 989-2552

    4 in this area

    23 Total Sales

    Evelyn Mallous
    Section Image
  • Claude Thomas

    Buyer's Agent in 2018

    Claude Thomas

    Premiere Plus Realty Company

    (239) 542-2084

    2 in this area

    87 Total Sales

    Claude Thomas
    Section Image
  • Kevin Daly

    Seller's Agent in 2016

    Kevin Daly

    Century 21 Sunbelt Realty

    (239) 340-1348

    1 in this area

    39 Total Sales

    Kevin Daly
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221079458

Florida Gulf Coast Multiple Listing Service

APN: 08-44-24-C2-01527.0560

Florida Lee County Cape Coral 33909 Hancock

2231 NE 5th Terrace, Cape Coral, FL

This home is located at 2231 NE 5th Terrace, Cape Coral, FL 33909 since 12 November 2021 and is currently estimated at $394,754, approximately $280 per square foot. This property was built in 2005. 2231 NE 5th Terrace is a home located in Lee County with nearby schools including Tropic Isles Elementary School, Hancock Creek Elementary School, and Caloosa 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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