NOT LISTED FOR SALE

2506 SW 38th St Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $455,000 - $507,164

3 Beds
2 Baths
1,932 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $445,000 $230 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,276/month

37 Days on Market

Highlights

  • Concrete Pool
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Cape Elementary School Rated A-
  • No HOA
  • Impact Glass

About This Home

As of October 2022

INVESTOR OPPERTUNITY!!! This home has been extensively updated on the exterior including a new roof (2015), Impact windows throughout (2016), New AC System (2015), New pool pump and solar heater (2015), updated irrigation system new water heater and newer washer and dryer. This home will need extensive repairs on the interior including both bathrooms needing new tile as well as whole home flooring.

Last Agent to Sell the Property

Jake Neff

Engel & Volkers Fort Myers License #396540972 Listed on: 08/22/2022

Engel & Volkers Fort Myers

Last Buyer's Agent

Rachael Okerstrom

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,575

Year Built

  • Built in 1997

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Solar Heated In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 25 / 4935
  • Assessor Parcel Number 05-45-23-C3-04935.0250

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,575

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story, Split-Level
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Building Stories: 1
  • Year Built: 1997
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Cathedral Ceiling(s), Family/Dining Room, Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1932.0
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Heated, In Ground, Solar Heat
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Patio
  • 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

  • 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

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-23-C3-04935.0250
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2575.14
  • Tax Block: 4935
  • Tax Lot: 25
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Oct 31, 2022
Sold by
Hamm Christopher A
Bought by
Huber Desiree Kaye and Huber Ty Michael
Seller's Agent
Jake Neff
Engel & Volkers Fort Myers
Buyer's Agent
Rachael Okerstrom
List Price
$445,000
Sold Price
$445,000
Current Estimated Value
$489,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,541
Avg. Annual Appreciation
3.45%
Original Mortgage
$356,000
Outstanding Balance
$344,818
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$144,723

Purchase Details

Closed on
Mar 28, 2010
Sold by
Hamm Christopher A
Bought by
Hamm Christopher A

Purchase Details

Closed on
Jul 13, 2001
Sold by
Jalass Ernst Otto and Jalass Renate
Bought by
Lee John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
7.16%

Purchase Details

Closed on
Nov 20, 1997
Sold by
Nova Capital L P
Bought by
Jalass Ernst Otto and Jalass Renate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.27%
Source: Public Records

Range of Values:

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Average Value
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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
Huber Desiree Kaye $445,000 Title Professionals
Hamm Christopher A -- Attorney
Lee John A $169,900 --
Jalass Ernst Otto $133,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huber Desiree Kaye $356,000
Previous Owner Hamm Christopher A $75,000
Previous Owner Lee John A $144,016
Previous Owner Lee John A $20,000
Previous Owner Lee John A $152,910
Previous Owner Jalass Ernst Otto $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $445,000 0.0% $230 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $445,000 -- $230 / 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
2024 $7,302 $381,646 $75,579 $268,752
2023 $7,302 $408,812 $98,189 $290,552
2022 $2,523 $149,584 $0 $0
2021 $2,575 $258,113 $44,917 $213,196
2020 $2,852 $143,222 $0 $0
2019 $2,940 $140,002 $0 $0
2018 $2,957 $137,392 $0 $0
2017 $2,953 $134,566 $0 $0
2016 $2,927 $208,459 $32,337 $176,122
2015 $3,019 $180,697 $30,589 $150,108
2014 -- $159,912 $25,824 $134,088
2013 -- $150,807 $14,282 $136,525
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jake Neff

    Engel & Volkers Fort Myers

    Section Image

  • R

    Buyer's Agent in 2022

    Rachael Okerstrom

  • Rachael Guertin

    Buyer's Agent in 2022

    Rachael Guertin

    RE/MAX

    (239) 600-0038

    7 in this area

    155 Total Sales

    Rachael Guertin
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222062752

Florida Gulf Coast Multiple Listing Service

APN: 05-45-23-C3-04935.0250

Florida Lee County Cape Coral 33914 Pelican

2506 SW 38th St, Cape Coral, FL

This home is located at 2506 SW 38th St, Cape Coral, FL 33914 since 22 August 2022 and is currently estimated at $489,541, approximately $253 per square foot. This property was built in 1997. 2506 SW 38th St is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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