NOT LISTED FOR SALE

2503 SE 16th Place Unit A-B Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $309,000 - $679,000

3 Beds
3 Baths
1,830 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 06, 2017

Last sale price $155,000 $85 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $2,774/month

5 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-

About This Home

As of June 2017

Sold AS IS. Good income property. Ready for tenants! SE Cape Coral duplex near Mid-Point bridge. Two electric meters and two water meters. Close to shopping, schools, and other amenities. You must see this duplex right away, this will not last. Call for appointment.

Last Agent to Sell the Property

Keith Camacho

SW FL REO Realty, Inc License #258011835 Listed on: 05/01/2017

Last Buyer's Agent

JB Novelli

License #280500086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,959

Year Built

  • Built in 1975

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 75 x 130 x 90 x 150
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone
  • Legal Lot and Block 63 / 1193
  • Assessor Parcel Number 32-44-24-C1-01193.0630

Community Details

Overview

  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,959

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.31
  • Lot Size: 75 x 130 x 90 x 150
  • Subdivision Name: CAPE CORAL
  • Directions: From Veterans Memorial Pkwy, heading west, make a U turn Before Del Prado Blvd, then make right on Everest Pkwy, then Left on SE 16th Pl, destination is on your left.
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1975
  • Property Sub Type Additional: Duplex
  • Special Features: 20
  • Stories: 1

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: See Remarks
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 32-44-24-C1-01193.0630
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Telephone

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2959.0
  • Tax Block: 1193
  • Tax Lot: 63
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2024
Sold by
Castro Libertad
Bought by
Libertad Castro Family Trust and Castro
Current Estimated Value
$443,333

Purchase Details

Closed on
Feb 26, 2019
Sold by
Castro Libertad
Bought by
Castro Libertad and The Libertad Castro Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,061
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2019
Sold by
Bulk Investment Llc
Bought by
Castro Libertad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,061
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2017
Closed on
Jun 5, 2017
Sold by
Pennymac Corp
Bought by
Bulk Investment Llc
Seller's Agent
Keith Camacho
SW FL REO Realty, Inc
Buyer's Agent
JB Novelli
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.33%
Original Mortgage
$127,500
Interest Rate
4.05%
Mortgage Type
Commercial
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
Libertad Castro Family Trust $100 None Listed On Document
Libertad Castro Family Trust $100 None Listed On Document
Castro Libertad -- None Available
Castro Libertad -- None Available
Castro Libertad $204,900 Title Specialists Of The Gul
Castro Libertad $204,900 Title Specialists Of The Gul
Bulk Investment Llc $155,000 Shore To Shore Title Llc
Bulk Investment Llc $155,000 Shore To Shore Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castro Libertad $198,061
Previous Owner Bulk Investment Llc $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2017 06/06/17 Sold $155,000 -6.1% $85 / Sq Ft
05/07/2017 05/07/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $165,000 -- $90 / 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 $5,301 $160,365 -- --
2024 $5,301 $149,638 -- --
2023 $5,061 $129,722 $0 $0
2022 $5,033 $127,898 $0 $0
2021 $3,335 $159,505 $25,000 $134,505
2020 $2,452 $112,717 $0 $0
2019 $3,273 $134,035 $22,000 $112,035
2018 $3,131 $124,351 $22,000 $102,351
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Keith Camacho

    SW FL REO Realty, Inc

    (239) 233-0224

    15 Total Sales

    Keith Camacho
    Section Image

  • J

    Buyer's Agent in 2017

    JB Novelli

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217030166

Florida Gulf Coast Multiple Listing Service

APN: 32-44-24-C1-01193.0630

Florida Lee County Cape Coral 33904 Caloosahatchee

2503 SE 16th Place Unit A-B, Cape Coral, FL

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