NOT LISTED FOR SALE

Estimated Value: $639,000 - $928,000

0.48 Acre
$1,658,996 Price per Acre
20,909 Sq Ft Lot

Last Sold December 17, 2019

Last sale price $30,000

Est. 2,432% increase in value since last sale

Current estimated payment $4,686/month

215 Days on Market

Highlights

  • 0.48 Acre Lot
  • Cape Elementary School Rated A-
  • Oversized Lot

About This Lot

As of December 2019

Build your dream home on this nearly 1/2 Acre lot. Located within Cape Coral's North 2 Utility Expansion area. Buyer to assume City Assessments and Expansion Fees.

Last Agent to Sell the Property

David Bellair

Sellstate Priority Realty License #258008149 Listed on: 04/15/2019

Last Buyer's Agent

Izzy Perez Jr

Experience Real Estate Group License #258013091

Property Details

Property Type

  • Land

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 155 x 140 x 135 x 140
  • Southwest Facing Home
  • Oversized Lot
  • Property is zoned R1

Utilities

  • Sewer Assessments
  • Phone Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 3688
  • Assessor Parcel Number 16-44-23-C1-03688.0010

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.48
  • Lot Size: 155 x 140 x 135 x 140
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: Southwest

Utilities

  • Sewer: Assessment Unpaid, Public Sewer
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Assessment Unpaid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 16-44-23-C1-03688.0010
  • Zoning Description: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4432.0
  • Tax Block: 3688
  • Tax Lot: 1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Dec 17, 2019
Sold by
Jotcar Inc
Bought by
Riveria Caridal Jesus and Hernandez Isabel Orta
Seller's Agent
David Bellair
Sellstate Priority Realty
Buyer's Agent
Izzy Perez Jr
Experience Real Estate Group
List Price
$34,900
Sold Price
$30,000
Premium/Discount to List
-$4,900
-14.04%
Current Estimated Value
$759,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$729,613
Avg. Annual Appreciation
74.65%

Purchase Details

Closed on
Jun 5, 2008
Sold by
Benitez Mildred and Williams Ruth
Bought by
Jotcar Inc

Purchase Details

Closed on
Oct 7, 2005
Sold by
Williams Ruth
Bought by
Benitez Mildred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,875
Interest Rate
12.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 27, 1999
Sold by
Royal West Properties Inc
Bought by
Williams Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,900
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1998
Sold by
Foley Margaret T
Bought by
Royal W Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,010
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Riveria Caridal Jesus $30,000 Integrity Ttl & Document Svc
Jotcar Inc $12,100 Attorney
Benitez Mildred $89,900 None Available
Williams Ruth $14,000 --
Royal W Prop Inc $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Mildred $56,875
Previous Owner Williams Ruth $11,900
Previous Owner Royal W Prop Inc $89,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $30,000 -14.0% --
11/17/2019 11/17/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $34,900 -- --
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
2025 $8,521 $540,631 -- --
2024 $10,377 $505,394 -- --
2023 $10,377 $490,674 $0 $0
2022 $11,144 $476,383 $0 $0
2021 $3,972 $20,400 $20,400 $0
2020 $4,413 $17,745 $17,745 $0
2019 $4,428 $22,050 $22,050 $0
2018 $4,432 $23,100 $23,100 $0
2017 $597 $13,082 $13,082 $0
2016 $526 $9,450 $9,450 $0
2015 $467 $7,455 $7,455 $0
2014 $465 $6,909 $6,909 $0
2013 -- $5,700 $5,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219029092

Florida Gulf Coast Multiple Listing Service

APN: 16-44-23-C1-03688.0010