NOT LISTED FOR SALE

232 NW 38th Place Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $836,000 - $961,000

0.23 Acre
$3,910,500 Price per Acre
10,019 Sq Ft Lot

Last Sold April 30, 2020

Last sale price $119,000

Est. 656% increase in value since last sale

Current estimated payment $6,062/month

37 Days on Market

Highlights

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

About This Lot

As of April 2020

Fabulous BOATING ACCESS from this WATERFRONT GULF ACCESS LOT located close to the SEVEN ISLANDS. Located on the Romanoff Canal in unit 59 of the NW Cape--offering boating access to the Gulf of Mexico and beyond. *** SEAWALL and DOCK!!! *** This area is part of the City of Cape Coral's New Vision planning and the City water/sewer/irrigation project is on the way. Gorgeous new construction happening all around. You’ll love the WESTERN EXPOSURE. Imagine building your dream home...walking out your back door.... getting in your boat and heading out to anywhere in the world. Now that's ACCESS!!! Close to bridge for quicker boating out to the Gulf of Mexico, beaches, and surrounding islands such as Cayo Costa, Cabbage Key, Sanibel, Boca Grand.... Not to mention...this area offers some of the best fishing to be found anywhere in the world. You'll also love that it is only about 3 miles away from a 18-hole Championship Golf Course. INVESTORS---don't miss out on this up and coming area with lots of new Custom homes being constructed in the neighborhood. Close to shopping and restaurants and more. Ft Myers Int'l airport is only about 30 miles away & Punta Gorda airport approx 20 miles away.

Last Agent to Sell the Property

Deborah Cullen

RE/MAX Realty Team License #448007899 Listed on: 02/22/2020

Last Buyer's Agent

Mark Ludden

Property Details

Property Type

  • Land

Lot Details

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

Additional Features

  • Canal Views
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 12 / 4154
  • Assessor Parcel Number 07-44-23-C4-04154.0120

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Burnt Store Rd north to west on Embers, right (north) on NW 38th Pl, lot on left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal, Partial Buildings, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: East

Utilities

  • Sewer: Assessment Unpaid, Public Sewer, See Remarks
  • Utilities: Sewer Available, Water Available
  • Water Source: Assessment Unpaid, Public, See Remarks

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 07-44-23-C4-04154.0120
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4152.0
  • Tax Block: 4154
  • Tax Lot: 12
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
Apr 30, 2020
Sold by
Egan Donald T
Bought by
Jacob William R and Jacob Kelly F
Seller's Agent
Deborah Cullen
RE/MAX Realty Team
Buyer's Agent
Mark Ludden
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%
Current Estimated Value
$899,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,415
Avg. Annual Appreciation
47.32%
Original Mortgage
$460,600
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2010
Sold by
Warner Alexa D and Davies Alexa A
Bought by
Egan Donald T

Purchase Details

Closed on
Feb 1, 2002
Sold by
Davis Herman and Davis Janet
Bought by
Davis Alexa A
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
Jacob William R $119,000 Townsend Title Ins Agcy Llc
Egan Donald T $55,000 First Priority Title Llc
Davis Alexa A $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacob William R $463,923
Closed Jacob William R $460,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $119,000 -4.7% --
03/31/2020 03/31/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $124,900 -- --
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 $14,385 $779,954 -- --
2023 $14,385 $757,237 $0 $0
2022 $13,961 $683,492 $0 $0
2021 $3,941 $81,652 $81,652 $0
2020 $4,138 $77,186 $69,000 $8,186
2019 $4,152 $77,721 $69,000 $8,721
2018 $4,074 $73,756 $64,500 $9,256
2017 $1,552 $78,185 $68,395 $9,790
2016 $1,444 $72,325 $72,325 $0
2015 $1,352 $66,860 $66,860 $0
2014 -- $61,185 $61,185 $0
2013 -- $52,022 $52,022 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Deborah Cullen

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2020

    Mark Ludden

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220014917

Florida Gulf Coast Multiple Listing Service

APN: 07-44-23-C4-04154.0120

Florida Lee County Cape Coral 33993 Burnt Store

232 NW 38th Place, Cape Coral, FL

This home is located at 232 NW 38th Place, Cape Coral, FL 33993 since 22 February 2020 and is currently estimated at $899,415. 232 NW 38th Place 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.

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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