NOT LISTED FOR SALE

2521 SW 38th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $486,789 - $670,000

3 Beds
2 Baths
2,003 Sq Ft
$290/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $335,000 $167 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,502/month

119 Days on Market

Highlights

  • Newly Remodeled
  • Concrete Pool
  • Oversized Lot
  • Cape Elementary School Rated A-
  • No HOA
  • Shutters

About This Home

As of December 2014

This new construction pool home offers 3 car garage with 3 Beds, 2 Baths and Den. The open kitchen has granite, walk-up bar and separate breakfast nook overlooking the back lanai and pool area. There is 18'' tile throughout with carpet in the bedrooms. The master suite includes a tray ceiling feature; the master bath is spacious with double sinks, a walk-in closet, a large walk-in rain shower and slider entry to the back lanai and pool. The details of this home include 12' ceilings in great room with double tray ceiling and 8' doors throughout. This home offers significant curb appeal with dimensional shingles and a upgraded landscape package. The back lanai extends to the length of the home, providing ample outdoor space for relaxing and entertaining, and has decorative lanai pavers, as well as a pool bath leading to the interior of the home. This new home will be ready to move in to October of 2014.

Last Agent to Sell the Property

Brian Ludden

Pinnacle Property Group License #258007237 Listed on: 07/14/2014

Last Buyer's Agent

Edie Lombardo

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • South Facing Home
  • Oversized Lot
  • Manual Sprinklers System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,003 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Laundry Tub
  • Washer and Dryer Hookup

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 39 / 4935
  • Assessor Parcel Number 05-45-23-C3-04935.0390

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: North on Oasis Blvd, West on SW 38th Ter.
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2014
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Tray Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Kitchen Island, Pantry, Shower Only, Separate Shower, Cable TV
  • Living Area: 2003.0
  • Stories: 1
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Manual
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Shutters Manual
  • Patio And Porch Features: Porch, Screened
  • Property Condition: New Construction
  • 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, Inside, Laundry Tub
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-23-C3-04935.0390
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1004.0
  • Tax Block: 4935
  • Tax Lot: 39
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2019
Sold by
Maldonado Anthony and Maldonado Linda
Bought by
The Maldonado Family Revocable Trust
Current Estimated Value
$581,697

Purchase Details

Listed on
Jul 14, 2014
Closed on
Dec 11, 2014
Sold by
Pinnacle Building Solutions Llc
Bought by
Maldonado Anthony and Maldonado Linda
Seller's Agent
Brian Ludden
Pinnacle Property Group
Buyer's Agent
Edie Lombardo
List Price
$339,900
Sold Price
$335,000
Premium/Discount to List
-$4,900
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$268,000
Outstanding Balance
$206,041
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$375,656

Purchase Details

Closed on
Apr 15, 2014
Sold by
Barkel Investments Llc
Bought by
Pinnacle Building Solutions Llc

Purchase Details

Closed on
Dec 31, 2013
Sold by
Prospero Joseph F
Bought by
Barkel Investments Llc

Purchase Details

Closed on
May 19, 2005
Sold by
Milani Thomas and Turchiano Renee M
Bought by
Prospero Joseph F

Purchase Details

Closed on
Dec 28, 2004
Sold by
Riccardi Thomas C and Riccardi Carolyn
Bought by
Milani Thomas and Turchiano Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2003
Sold by
Riccardi Thomas C and Riccardi Carolyn
Bought by
Jackson Philip and Jackson Gail

Purchase Details

Closed on
Oct 22, 1998
Sold by
Herrington Edward M and Herrington Angela
Bought by
Riccardi Thomas C and Riccardi Carolyn
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
The Maldonado Family Revocable Trust -- Attorney
Maldonado Anthony $335,000 Townsend Title Ins Agency Ll
Pinnacle Building Solutions Llc -- None Available
Barkel Investments Llc $24,700 Attorney
Prospero Joseph F $137,000 First American Title Ins Co
Milani Thomas $95,000 Executive Title Ins Svcs Inc
Jackson Philip $33,000 --
Riccardi Thomas C $8,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Anthony $268,000
Previous Owner Milani Thomas $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2014 12/11/14 Sold $335,000 -1.4% $167 / Sq Ft
11/11/2014 11/11/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $339,900 -- $170 / 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 $5,481 $340,962 -- --
2024 $5,332 $331,353 -- --
2023 $5,332 $321,702 $0 $0
2022 $5,146 $312,332 $0 $0
2021 $5,365 $344,391 $42,000 $302,391
2020 $5,720 $299,048 $0 $0
2019 $5,741 $292,325 $37,800 $254,525
2018 $5,868 $291,849 $0 $0
2017 $5,865 $285,846 $30,000 $255,846
2016 $5,821 $280,031 $30,000 $250,031
2015 $6,130 $245,594 $28,600 $216,994
2014 -- $24,000 $24,000 $0
2013 -- $12,400 $12,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Ludden

    Seller's Agent in 2014

    Brian Ludden

    Pinnacle Property Group

    (239) 225-3172

    27 in this area

    121 Total Sales

    Brian Ludden
    Section Image

  • E

    Buyer's Agent in 2014

    Edie Lombardo

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214037574

Florida Gulf Coast Multiple Listing Service

APN: 05-45-23-C3-04935.0390

Florida Lee County Cape Coral 33914 Pelican

2521 SW 38th Terrace, Cape Coral, FL

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