2505 SW 38th Terrace Cape Coral, FL 33914
Pelican NeighborhoodEstimated payment $3,195/month
Highlights
- Concrete Pool
- Maid or Guest Quarters
- Hydromassage or Jetted Bathtub
- Cape Elementary School Rated A-
- Cathedral Ceiling
- Furnished
About This Home
HUGE PRICE REDUCTION !!! – WELCOME to your PRIVATE PARADISE! – Very rare Opportunity - Beautiful Mediterranean Style COURTYARD HOME in desirable SOUTHWEST Cape with 4-BEDROOM, 3-BATH. – Step into your Great Entertainment Area – your private Courtyard with electric heated Pool, with waterfall and screened Lanai. The Pool Area is located between CABANA and the Main Home. You could access the courtyard from Kitchen, Master bedroom, Cabana and Garage. – Residence offers 2200sqft of living space. MAIN House with Family Room, Dining Room, Master Suite and two 2 extra bedrooms with shared bathroom. Kitchen with stainless-steel appliances. Master Suite with walk in Closet, huge Bath with Dual Sinks and walk around shower. – The separate CABANA has 2 closets, a full bath, and its own AC-system, making it ideal for various uses such as in-law suite, home office, media room or extra space for kids to play. – Tile Roof. New Hurricane rated Exterior IMPACT Windows. Oversized 2-car garage. – Home is surrounded by quality homes. House is close to popular Shops and Restaurants. Bike Distance to Cape Harbour. Walking Distance to OASIS Charter Schools. – This house is currently successfully used as a seasonal rental and kept in pristine condition. So, this property is a great Investment Opportunity or could be your wonderful new home. – This House offers a lot of privacy. It’s Florida Living at its BEST, so DON’T miss this CHANCE!
Listing Agent
Seaside Realty of Cape Coral LLC License #258018697 Listed on: 11/24/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,980
Year Built
- Built in 2004
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- South Facing Home
- Privacy Fence
- Rectangular Lot
- Sprinkler System
- Property is zoned R1-D
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Courtyard Style Home
- Entry on the 1st floor
- Tile Roof
- Stucco
Interior Spaces
- 2,243 Sq Ft Home
- 1-Story Property
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Shutters
- Single Hung Windows
- Sliding Windows
- Open Floorplan
- Screened Porch
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Maid or Guest Quarters
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
- Fire and Smoke Detector
Pool
- Concrete Pool
- Heated In Ground Pool
- Screen Enclosure
- Pool Equipment or Cover
Outdoor Features
- Courtyard
- Screened Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Sewer Assessments
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include cable TV
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 31 / 4935
- Assessor Parcel Number 05-45-23-C3-04935.0310
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,980 | $447,006 | -- | -- |
| 2023 | $7,980 | $406,369 | $0 | $0 |
| 2022 | $7,267 | $369,426 | $0 | $0 |
| 2021 | $6,584 | $333,128 | $42,000 | $291,128 |
| 2020 | $6,521 | $302,007 | $39,700 | $262,307 |
| 2019 | $6,309 | $282,614 | $37,800 | $244,814 |
| 2018 | $6,517 | $285,856 | $36,000 | $249,856 |
| 2017 | $6,522 | $279,389 | $30,000 | $249,389 |
| 2016 | $6,255 | $274,965 | $30,000 | $244,965 |
| 2015 | $5,915 | $239,690 | $28,600 | $211,090 |
| 2014 | -- | $209,991 | $24,000 | $185,991 |
| 2013 | -- | $201,991 | $12,400 | $189,591 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Pending | -- | -- | -- |
| 04/26/2025 04/26/25 | Price Changed | $475,000 | -7.8% | $212 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $515,000 | -2.8% | $230 / Sq Ft |
| 03/26/2025 03/26/25 | Pending | -- | -- | -- |
| 03/20/2025 03/20/25 | Price Changed | $530,000 | -2.8% | $236 / Sq Ft |
| 03/06/2025 03/06/25 | For Sale | $545,000 | 0.0% | $243 / Sq Ft |
| 02/15/2025 02/15/25 | Price Changed | $545,000 | -2.7% | $243 / Sq Ft |
| 11/24/2024 11/24/24 | For Sale | $560,000 | -- | $250 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $230,000 | Attorney | |
| Trustee Deed | $3,000 | Attorney | |
| Warranty Deed | -- | Jm Title Corporation | |
| Warranty Deed | $395,000 | Jm Title Corporation | |
| Warranty Deed | $9,000 | -- | |
| Warranty Deed | $6,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $392,000 | Unknown | |
| Previous Owner | $98,000 | Stand Alone Second | |
| Previous Owner | $316,000 | New Conventional | |
| Previous Owner | $255,400 | New Conventional | |
| Closed | $79,000 | No Value Available |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224094131
APN: 05-45-23-C3-04935.0310
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