NOT LISTED FOR SALE

2409 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $322,566 - $431,000

3 Beds
2 Baths
1,654 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $200,000 $121 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,457/month

289 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Porch
  • Cape Elementary School Rated A-
  • Formal Dining Room
  • 2 Car Attached Garage

About This Home

As of July 2018

The best SW Cape neighborhood across from gulf access homes. 3/2/2 with split bedroom floor plan. Screened-in lanai for relaxation and large backyard. This home has an open concept for entertaining purposes and enough room for the whole family featuring 3 large bedrooms! The kitchen has lots of storage and counter-top space and opens up to the living room. As you walk through the home you will notice the sliding glass doors and large windows letting lots of natural light through.

Last Agent to Sell the Property

Erik Fine

Cornerstone Coastal Properties License #258016718 Listed on: 08/25/2017

Last Buyer's Agent

Anthony Papagni

INACTIVE AGENT ACCT License #495518611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1998

Lot Details

  • 10,454 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,654 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Formal Dining Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 4943
  • Assessor Parcel Number 09-45-23-C1-04943.0290

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,054

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1998
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), High Speed Internet, Living/Dining Room, Pantry, Cable TV, Vaulted Ceiling(s), Split Bedrooms
  • Living Area: 1654.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: See Remarks
  • Patio And Porch Features: Porch, Screened
  • 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: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 09-45-23-C1-04943.0290
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3054.0
  • Tax Block: 4943
  • Tax Lot: 29
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 4, 2023
Sold by
Perone Gabrielle Nicole
Bought by
Franca Dayanny Carla Dos Sa
Current Estimated Value
$381,392

Purchase Details

Listed on
Aug 25, 2017
Closed on
Jul 11, 2018
Sold by
Nitsche Barbel and Nitsche Baerbel
Bought by
Perone Patrick N
Seller's Agent
Erik Fine
Cornerstone Coastal Properties
Buyer's Agent
Anthony Papagni
INACTIVE AGENT ACCT
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
May 24, 2011
Sold by
Tirrell Arthur
Bought by
Nitsche Adolf K and Nitsche Barbel

Purchase Details

Closed on
May 19, 2011
Sold by
Obannon Richard and Obannon Linda
Bought by
Nitsche Adolf K and Nitsche Barbel
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
Franca Dayanny Carla Dos Sa $18,500 None Listed On Document
Perone Patrick N $200,000 Landsel Title Agency Inc
Nitsche Adolf K $96,000 Attorney
Nitsche Adolf K -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2018 07/11/18 Sold $200,000 -11.1% $121 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
08/25/2017 08/25/17 For Sale $225,000 -- $136 / 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
2025 $5,287 $233,192 $88,825 $144,367
2024 $5,287 $281,751 $78,852 $202,899
2023 $2,780 $164,742 $0 $0
2022 $2,642 $251,766 $36,500 $215,266
2021 $2,659 $181,315 $36,500 $144,815
2020 $2,681 $157,789 $0 $0
2019 $2,593 $154,241 $36,000 $118,241
2018 $3,415 $155,841 $31,500 $124,341
2017 $3,282 $148,581 $24,000 $124,581
2016 $3,054 $139,251 $24,000 $115,251
2015 $2,801 $119,490 $20,300 $99,190
2014 -- $108,604 $12,200 $96,404
2013 -- $102,495 $9,100 $93,395
Source: Public Records

Agents Affiliated with this Home

  • Erik Fine

    Seller's Agent in 2018

    Erik Fine

    Cornerstone Coastal Properties

    (239) 898-5750

    51 in this area

    194 Total Sales

    Erik Fine
    Section Image

  • A

    Buyer's Agent in 2018

    Anthony Papagni

    INACTIVE AGENT ACCT

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217054933

Florida Gulf Coast Multiple Listing Service

APN: 09-45-23-C1-04943.0290

Florida Lee County Cape Coral 33914 Pelican

2409 SW 40th Terrace, Cape Coral, FL

This home is located at 2409 SW 40th Terrace, Cape Coral, FL 33914 since 25 August 2017 and is currently estimated at $381,392, approximately $230 per square foot. This property was built in 1998. 2409 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles 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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