NOT LISTED FOR SALE

2314 SW 38th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $1,113,000 - $1,316,000

4 Beds
3 Baths
3,639 Sq Ft
$329/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $894,000 $246 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,027/month

12 Days on Market

Highlights

  • Concrete Pool
  • Waterfront
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Theater or Screening Room

About This Home

As of April 2021

This is a very spacious SW Cape Coral Gulf Access home currently used as a successful vacation rental. Thanks to its indoor movie theater and its oversized lap pool and hot tub, it generates a lot of rental traffic. The home has 4 bedrooms + den that could be another bedroom plus home theater. This great room floor plan offers 3639 sq. ft. under air, 12' & 16' ceilings, island kitchen with breakfast nook, large family room overlooking the canal, heated pool with separate in-ground spa, there's even a 3 car garage. The 6 seat movie theater has electric reclining leather seating, all projection and sound equipment is included and ready to entertain you and your guests., The oversized master suite has a sitting area, spa tub plus a walk-through shower.

Last Agent to Sell the Property

Michael Schaefer, LLC

Starlink Realty, Inc License #258008563 Listed on: 03/01/2021

Last Buyer's Agent

Michael Schaefer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,530

Year Built

  • Built in 2003

Lot Details

  • 0.37 Acre Lot
  • Waterfront
  • North Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,639 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Formal Dining Room
  • Home Office
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Intercom
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Canal Access
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 10 / 4947
  • Assessor Parcel Number 04-45-23-C4-04947.0100

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Amenities

  • Theater or Screening Room
  • Guest Suites
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,530

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: From Chiquita going North take Beach West go to Agualinda Take Right to SW 38th Terrace Take Left on SW 38th Terrace go (West) To home on Left.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, Gunite, In Ground, See Remarks, Screened
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Jetted Tub, Kitchen Island, Custom Mirrors, Tub Shower, Central Vacuum, High Speed Internet, Home Office, Intercom, Split Bedrooms
  • Living Area: 3639.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Multiple lots, Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, See Remarks
  • Pool Private: Yes
  • View: Canal, Partial Buildings
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Deck, Sprinkler/Irrigation, Gas Grill
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Burglar Alarm (Monitored), Security System, Smoke Detector(s)
  • 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: Elevator, Non-Gated, Street Lights
  • Amenities: Guest Suites, Media Room, See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 04-45-23-C4-04947.0100
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 11530.0
  • Tax Block: 4947
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 13, 2021
Sold by
Kym Jutta and Kym Simon
Bought by
Spring Larry W
Seller's Agent
Michael Schaefer, LLC
Starlink Realty, Inc
Buyer's Agent
Michael Schaefer
List Price
$895,000
Sold Price
$894,000
Premium/Discount to List
-$1,000
-0.11%
Current Estimated Value
$1,197,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,125
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Aug 1, 2016
Sold by
Kym Jutta
Bought by
Kym Simon and Kym Jutta

Purchase Details

Listed on
Feb 28, 2015
Closed on
Jun 9, 2015
Sold by
Merriman Vernon A and Merriman Darlene M
Bought by
Kym Jutta
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Michael Schaefer
List Price
$595,000
Sold Price
$560,000
Premium/Discount to List
-$35,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
Feb 25, 2009
Sold by
Citimortgage Inc
Bought by
Merriman Darlene M and Merriman Vernon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2008
Sold by
Allan Piera
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 11, 2005
Sold by
Piera Allan Saleh and Piera Allan
Bought by
Klernan William and Klernan Teresa

Purchase Details

Closed on
Feb 27, 2003
Sold by
Allen Roseann and Allen Allan Roseann
Bought by
Saleh Allan Piera and Saleh Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.89%

Purchase Details

Closed on
Jan 8, 2001
Sold by
Cape Coral Holdings Inc
Bought by
Allan Roseann

Purchase Details

Closed on
Oct 25, 2000
Sold by
Cape Coral Holdings Inc
Bought by
Allen Roseann
Source: Public Records

Range of Values:

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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
Spring Larry W $894,000 Stewart Title Company
Kym Simon -- None Available
Kym Jutta $560,000 Title Professionals Of Fl
Merriman Darlene M $467,500 Southern Financial Title Ser
Citimortgage Inc -- Attorney
Klernan William -- --
Saleh Allan Piera -- --
Allan Roseann -- --
Allen Roseann $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Merriman Darlene M $374,000
Previous Owner Allan Piera $762,300
Previous Owner Allan Piera $200,000
Previous Owner Allan Saleh $440,000
Previous Owner Allan Roseann $350,200
Previous Owner Saleh Allan Piera $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $894,000 -0.1% $246 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $895,000 +59.8% $246 / Sq Ft
06/09/2015 06/09/15 Sold $560,000 -5.9% $154 / Sq Ft
05/10/2015 05/10/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $595,000 -- $164 / 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 $19,782 $1,119,918 $261,254 $681,180
2023 $19,782 $1,220,066 $0 $0
2022 $17,434 $1,085,889 $262,193 $823,696
2021 $12,138 $653,159 $131,296 $521,863
2020 $11,530 $593,541 $124,200 $469,341
2019 $10,803 $555,591 $124,200 $431,391
2018 $11,134 $560,408 $112,700 $447,708
2017 $11,580 $608,862 $92,000 $516,862
2016 $10,372 $502,138 $95,697 $406,441
2015 $10,092 $475,387 $86,279 $389,108
2014 $10,895 $445,820 $76,391 $369,429
2013 -- $533,201 $62,467 $470,734
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Schaefer, LLC

    Starlink Realty, Inc

    Section Image

  • M

    Buyer's Agent in 2021

    Michael Schaefer

  • Michael Darda

    Seller's Agent in 2015

    Michael Darda

    Compass Florida LLC

    (239) 256-3733

    243 in this area

    1,403 Total Sales

    Michael Darda
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221015578

Florida Gulf Coast Multiple Listing Service

APN: 04-45-23-C4-04947.0100

Florida Lee County Cape Coral 33914 Pelican

2314 SW 38th Terrace, Cape Coral, FL

This home is located at 2314 SW 38th Terrace, Cape Coral, FL 33914 since 01 March 2021 and is currently estimated at $1,197,125, approximately $328 per square foot. This property was built in 2003. 2314 SW 38th 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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