NOT LISTED FOR SALE

Estimated Value: $132,000 - $797,000

0.24 Acre
$1,543,717 Price per Acre
10,629 Sq Ft Lot

Last Sold June 10, 2022

Last sale price $176,000

Est. 114% increase in value since last sale

Current estimated payment $2,256/month

182 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Lot

As of June 2022

Come enjoy the southwest Florida lifestyle ... park your boat in your back yard and take a day of fishing, boating, sightseing or beaching anytime you care to! No where else in the world can you live like this for such an affordable price than Cape Coral has to offer. Over 400 miles of canals to play in, but only 25% of them take you to the Gulf of Mexico and to the world! This is a Great GULF ACCESS site just a short ride to Matlacha Pass, the Gulf of Mexico and some of the best fishing in all of Florida. Tourists come for miles to have what we enjoy every day! This vacant building site is situated on a 100' wide gulf access canal, only one bridge to the Gulf of Mexico. GORGEOUS Florida sunsets with western exposure. AWESOME neighborhood of newer homes, most with 3 car garages, tile roofs and at least 4 new builds within an eyeshot! Located near the new “The Lakes” community. Northwest Cape between Old Burnt Store Rd and Burnt Store Rd is the area hot spot for quality, waterfront homes & some of the best fishing you could ask for. Close to Pine Island, Coral Oaks Golf Course, Library, schools, shopping & more. Minutes to boat ramp and Matlacha. Grow with NW Cape Coral!

Last Agent to Sell the Property

Paula Hellenbrand

Encore Realty Services Inc License #252010428 Listed on: 11/09/2021

Co-Listed By

Richard Hellenbrand

Encore Realty Services Inc License #252010437

Last Buyer's Agent

Scott Benefield

Sun Realty License #481008433

Sun Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,143

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • Home fronts navigable water
  • East Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 52+53 / 4320
  • Assessor Parcel Number 31-43-23-C1-04320.0520

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,143

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.244
  • Lot Size: 85 x 125 x 85 x 125
  • Road Surface Type: Paved
  • Co List Office Mls Id: CENCR
  • Co List Office Phone: (239) 542-4600
  • Subdivision Name: CAPE CORAL
  • Directions: Take Burnt Store Rd north to Kismet Pkwy W. Left on 38th PL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: East

Utilities

  • Sewer: None
  • Utilities: Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

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 #: 31-43-23-C1-04320.0520
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1143.0
  • Tax Block: 4320
  • Tax Lot: 52+53
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Jun 10, 2022
Sold by
Weigelt Christine K and Weigelt Matthew
Bought by
Shafer Scott D and Shafer Marcy D
Seller's Agent
Paula Hellenbrand
Encore Realty Services Inc
Buyer's Agent
Scott Benefield
Sun Realty
List Price
$175,000
Sold Price
$176,000
Premium/Discount to List
$1,000
0.57%
Current Estimated Value
$376,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,667
Avg. Annual Appreciation
26.11%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Dezelich Michael and Dezelich Inez
Bought by
Weigelt Christine K and Weigelt Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 12, 2004
Sold by
Spangler Hilary Bud and Spangler Patricia A
Bought by
Dezelich Michael and Dezelich Inez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2002
Sold by
Ringstrom Britt
Bought by
Spangler Hilary B and Spangler Patricia 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
Shafer Scott D $176,000 Superior Title
Weigelt Christine K $85,000 Omnione Title Services Llc
Dezelich Michael $129,900 Island Title Guaranty Agency
Spangler Hilary B $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Scott $658,500
Previous Owner Weigelt Christine K $68,000
Previous Owner Dezelich Michael $90,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $176,000 +0.6% --
05/11/2022 05/11/22 Pending -- -- --
11/09/2021 11/09/21 For Sale $175,000 -- --
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 $2,989 $130,560 $130,560 --
2023 $2,989 $160,669 $98,158 $0
2022 $1,474 $52,800 $0 $0
2021 $1,186 $48,000 $48,000 $0
2020 $1,143 $45,000 $45,000 $0
2019 $1,185 $52,000 $52,000 $0
2018 $1,152 $52,000 $52,000 $0
2017 $1,032 $41,990 $41,990 $0
2016 $1,000 $45,000 $45,000 $0
2015 $943 $43,000 $43,000 $0
2014 -- $36,000 $36,000 $0
2013 -- $27,800 $27,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221078228

Florida Gulf Coast Multiple Listing Service

APN: 31-43-23-C1-04320.0520