NOT LISTED FOR SALE

231 Spring Hill Lake Loop Cape Coral, FL 33993

Mariner Neighborhood

Estimated Value: $415,543 - $477,000

3 Beds
2.5 Baths
2,221 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $479,999 $216 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,208/month

75 Days on Market

Highlights

  • Room in yard for a pool
  • Great Room
  • Tennis Courts
  • Cape Elementary School Rated A-
  • Screened Porch
  • Exercise Course

About This Home

As of February 2023

Under Construction. Brand new construction in Cape Corals newest gated community! This Shelby floor plan is a beautiful single level home with 3 bedroom plus Den and 2 Bathrooms and 32ft deep garage! Beautifully upgraded with 42 inch cabinets, Granite countertops throughout, Stainless appliances, 8ft interior and exterior doors with upgraded Base and Casings and several tray ceilings. This home has a beautiful lake view! Stonewater is located in NW Cape Coral. This Gated community features full amenities which include a community pool, Fitness center, tot lot, tennis and pickleball courts.

Last Agent to Sell the Property

Debra Thomas

DR Horton Realty SW FL LLC License #NAPLES Listed on: 09/09/2022

DR Horton Realty SW FL LLC

Last Buyer's Agent

Paula Hellenbrand

Encore Realty Services Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $573

Year Built

  • Built in 2022

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 50
  • West Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $202 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Shutters
  • Single Hung Windows
  • Great Room
  • Family or Dining Combination
  • Screened Porch
  • Fire and Smoke Detector
  • Washer Hookup

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Outdoor Features

  • Room in yard for a pool
  • Patio

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

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

Listing and Financial Details

  • $750 special tax assessment

Community Details

Overview

  • $800 Additional Association Fee
  • Stonewater Community

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Exercise Course
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$573

Year Built

Built in 2022

Lot Details

0

HOA Fees

$202 per month

Parking

2

Listing Details

  • Legal Description: Lot 191
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.692589$-82.062505$180.00$13.33$1.00$IZbEJTfRZobBESt5wW00Vw
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters - Manual
  • Year Built: 2022
  • Directions: Take Pine Island Road West, turn right at Nicholas Pkwy, turn right onto Nelson Road go about 1.5 miles, Stonewater will be on your left
  • Property Information: Under Construction. Brand new construction in Cape Corals newest gated community! This Shelby floor plan is a beautiful single level home with 3 bedroom plus Den and 2 Bathrooms and 32ft deep garage! Beautifully upgraded with 42 inch cabinets, Granite countertops throughout, Stainless appliances, 8ft interior and exterior doors with upgraded Base and Casings and several tray ceilings. This home has a beautiful lake view! Stonewater is located in NW Cape Coral. This Gated community features full amenities which include a community pool, Fitness center, tot lot, tennis and pickleball courts.
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 216.12
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 2221
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Family Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fireplace, Internet Available, Pantry, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Assessment Unpaid
  • View: Landscaped Area
  • Exterior Features: Patio, Room for Pool, Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 239-573-3225
  • Management: Developer
  • Mandatory HOA: Yes
  • Restrictions: Architectural
  • Sub Condo Name: STONEWATER
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Street Lights
  • Master Hoa Fee: 201.89
  • Master HOA Fee Frequency: Monthly
  • Development Name: STONEWATER

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 30
  • Pets Limit Max Weight: 3
  • Pets Limit Other: no agressive breeds
  • Development: Stonewater
  • Amenities: Community Pool, Community Room, Exercise Room, Pickleball, Play Area, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 360

Fee Information

  • One Time Other Fee: 800
  • One Time Special Assessment Fee: 750

Schools

  • Elementary School: SCHOOL CHOICE
  • Middle School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Elementary School: School Choice
  • High School: School Choice
  • Middle School: School Choice

Lot Info

  • Builder Product: Yes
  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 140
  • Lot Right: 140
  • Total Area: 2700
  • Waterfront: No
  • Acres: 0.1500
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 50 X 140

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 573.35
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2022
Closed on
Feb 17, 2023
Sold by
Dr Horton Inc
Bought by
Merkle Jeffrey D and Merkle Monica J
Seller's Agent
Debra Thomas
DR Horton Realty SW FL LLC
Buyer's Agent
Paula Hellenbrand
Encore Realty Services Inc
List Price
$529,999
Sold Price
$479,999
Premium/Discount to List
-$50,000
-9.43%
Views
50
Current Estimated Value
$447,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,113
Avg. Annual Appreciation
-2.55%
Original Mortgage
$304,999
Outstanding Balance
$295,686
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$152,200
Source: Public Records

Range of Values:

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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
Merkle Jeffrey D $479,999 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merkle Jeffrey D $304,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $479,999 0.0% $216 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $479,999 -2.0% $216 / Sq Ft
10/26/2022 10/26/22 Price Changed $489,999 -7.5% $221 / Sq Ft
09/09/2022 09/09/22 For Sale $529,999 -- $239 / Sq Ft
Source: Naples Area Board of REALTORS®

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
2025 $7,882 $353,513 $100,130 $253,383
2024 $2,764 $379,852 $97,376 $282,476
2023 $2,764 $20,570 $0 $0
2022 $2,357 $18,700 $0 $0
2021 $573 $17,000 $17,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Debra Thomas

    DR Horton Realty SW FL LLC

    Section Image
  • Paula Hellenbrand

    Buyer's Agent in 2023

    Paula Hellenbrand

    Encore Realty Services Inc

    (239) 770-4722

    32 in this area

    423 Total Sales

    Paula Hellenbrand
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222068225

Naples Area Board of REALTORS®

APN: 10-44-23-C2-01000.1910

Florida Lee County Cape Coral 33993 Mariner

231 Spring Hill Lake Loop, Cape Coral, FL

This home is located at 231 Spring Hill Lake Loop, Cape Coral, FL 33993 since 09 September 2022 and is currently estimated at $447,886, approximately $201 per square foot. This property was built in 2022. 231 Spring Hill Lake Loop is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English 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.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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