NOT LISTED FOR SALE

2550 SW 38th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $496,053 - $669,000

3 Beds
2 Baths
3,240 Sq Ft
$182/Sq Ft Est. Value

Last Sold December 13, 2017

Last sale price $350,000 $108 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,742/month

11 Days on Market

Highlights

  • Central Heating and Cooling System
  • 4 Ceiling Fans
  • 1-Story Property
  • Cape Elementary School Rated A-

About This Home

As of December 2017

H.12374 - Incredible value with this southern exposure Gulf access waterfront pool home! As you walk into the foyer you automatically appreciate the open and airy great room concept with volume ceilings. It also offers split bedrooms, an open kitchen & breakfast area, and pocket sliders that lead out onto the large solar heated pool and lanai area, bringing the outdoors in with views of the 150’ wide canal. Some of the recent upgrades include; New whole house paint both interior, exterior and garage floor. New carpet in bedrooms with tile throughout the rest of the home, New appliances with a transferable warranty, New custom cabinet doors, and new backyard French drain. Then there is a 12,000 lb. boat lift with cleaning station to really enjoy your gulf access lifestyle. One bridge to the spreader canal with access to the warm waters of the Gulf of Mexico. Located in the desirable SW Cape Coral neighborhood surrounded by newer homes and close to shopping, golf courses, parks, dining and much more. Buy your piece of paradise today!

Last Agent to Sell the Property

Gary Mills

John R Wood Properties Listed on: 11/06/2017

John R Wood Properties

Last Buyer's Agent

Mark Metten

Far Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,910

Year Built

  • 1999

Lot Details

  • 9,583

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 3,240 Sq Ft Home
  • 1-Story Property
  • 4 Ceiling Fans
  • Ceiling Fan

Additional Features

  • Property is zoned R1-W
  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,910

Year Built

1999

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 74 BLK 4886 PB 22 PG 121 LOTS 24 + 25
  • Street View Param: 1$26.580801$-82.027311$126.19$13.33$1.00$a3EfH_b9a1qVFQ-Fshbvuw
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Additional Rooms: Great Room, Guest Bath, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Dining Room: Breakfast Bar, Breakfast Room, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Solar Panels, Washer/Dryer Hookup
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable Prewire, Foyer, Pantry, Pull Down Stairs, Smoke Detectors, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 1
  • Price Per Sq Ft: 231.63
  • Total Floors: 1

Exterior Features

  • Boat Access: Boat Dock Private, Boat Lift, Concrete Dock, Dock Included, Electricity Available at Dock, Wooden Dock
  • Canal Width: 81-120
  • Construction: Concrete Block
  • Exterior Features: Outdoor Shower, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Gulf Access: Bridge(s)
  • Irrigation: Assessment Paid, Betterment
  • Private Pool: Below Ground, Concrete, Equipment Stays, Heated Solar, Pool Bath, Screened
  • Road: City Maintained, Paved Road
  • Windows: Single Hung, Sliding
  • Roof: Shingle

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Assessment Unpaid, Central
  • Water: Assessment Unpaid, Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: CAPE CORAL

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Cape Coral

Schools

  • Elementary School: Lee County School Choice
  • Middle School: Lee County School Choice
  • High School: Lee County School Choice
  • Elementary School: Lee County School Choice
  • High School: Lee County School Choice
  • Middle School: Lee County School Choice

Lot Info

  • Lot Description: Regular
  • Rear Exposure: South
  • View: Canal, Intersecting Canal, Water
  • Waterfront: Canal, Intersecting Canal, Navigable, Seawall
  • Lot Dimensions: 80 X 125
  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 24
  • Section: 5
  • Total Area: 3240
  • Zoning Code: R1-W

Tax Info

  • Tax Description: City And County, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 13, 2017
Sold by
Yanguas Hector
Bought by
Victor Michael Steven and Victor Stephanie Mary
Seller's Agent
Gary Mills
John R Wood Properties
Buyer's Agent
Mark Metten
Far Florida
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$589,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,013
Avg. Annual Appreciation
6.83%
Original Mortgage
$315,000
Outstanding Balance
$265,202
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$323,811

Purchase Details

Closed on
Apr 15, 2003
Sold by
Kickbusch Hans Jurgen and Kickbusch Maritta
Bought by
Yanguas Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
5.86%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Demaria Thomas and Demaria Patricia
Bought by
Kickbusch Hans Jurgen and Kickbusch Maritta
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
Victor Michael Steven $350,000 Title Group Svcs
Yanguas Hector $299,000 --
Kickbusch Hans Jurgen $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victor Michael Steven $315,000
Previous Owner Yanguas Hector $269,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2017 12/13/17 Sold $350,000 0.0% $108 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/06/2017 11/06/17 For Sale $350,000 -- $108 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $7,910 $444,209 $243,865 $159,510
2024 $7,667 $493,174 $215,991 $212,969
2023 $7,667 $385,966 $0 $0
2022 $6,974 $347,839 $0 $0
2021 $6,240 $316,582 $128,104 $188,478
2020 $6,195 $287,470 $128,000 $159,470
2019 $5,999 $268,908 $130,000 $138,908
2018 $6,141 $268,902 $143,000 $125,902
2017 $6,243 $271,336 $137,000 $134,336
2016 $5,816 $241,897 $143,338 $98,559
2015 $5,822 $232,296 $126,778 $105,518
2014 -- $224,708 $112,466 $112,242
2013 -- $228,103 $93,389 $134,714
Source: Public Records

Agents Affiliated with this Home

  • Gary Mills

    Seller's Agent in 2017

    Gary Mills

    John R. Wood Properties

    (239) 826-0140

    17 Total Sales

    Gary Mills
    Section Image

  • M

    Buyer's Agent in 2017

    Mark Metten

    Far Florida

    (239) 292-4606

    7 in this area

    92 Total Sales

    Mark Metten
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217067883

Naples Area Board of REALTORS®

APN: 05-45-23-C3-04886.0240

Florida Lee County Cape Coral 33914 Pelican

2550 SW 38th Terrace, Cape Coral, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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