NOT LISTED FOR SALE

2602 SW 1st Terrace Cape Coral, FL 33991

Mariner Neighborhood

Estimated Value: $47,000 - $75,000

0.25 Acre
$242,384 Price per Acre
10,672 Sq Ft Lot

Last Sold August 23, 2023

Last sale price $70,000

Est. 15% decrease in value since last sale

Current estimated payment $432/month

Highlights

  • Waterfront
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of August 2023

This Amazing fresh water canal lot is in a prime location for those looking to relax and enjoy the paradise that is Cape Coral! Tucked back just far enough that there will be little to no traffic sound at night, but still only a few minutes to several major roads leading you to anywhere this amazing area has to offer. This lot is a rarity as it sits on an intersecting canal looking down the length of one of the canals! Talk about back yard views!! How about a 5 minute drive to Matlacha, which is known world wide for fishing!! Why are you still waiting for someone else to grab this out from under you, submit an offer today!!!!

Last Agent to Sell the Property

Shane Denslow

Lightning Realty Group LLC License #258033361 Listed on: 06/01/2023

Co-Listed By

D'Andra Denslow

Lightning Realty Group LLC License #258023409

Last Buyer's Agent

Joe Verville

RE/MAX Trend License #258018965

RE/MAX Trend

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $720

Lot Details

  • 10,672 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • Northeast Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 33 / 3950
  • Assessor Parcel Number 17-44-23-C2-03950.0330

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$720

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.245
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Co List Office Mls Id: FLREG
  • Co List Office Phone: 239-201-2951
  • Subdivision Name: CAPE CORAL
  • Directions: GPS
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: Northeast

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-44-23-C2-03950.0330
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 719.63
  • Tax Block: 3950
  • Tax Lot: 33
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 23, 2023
Sold by
Cape Coral Properties Llc
Bought by
Fox Mary F
Seller's Agent
Shane Denslow
Lightning Realty Group LLC
Buyer's Agent
Joe Verville
RE/MAX Trend
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Views
5
Current Estimated Value
$59,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,616
Avg. Annual Appreciation
-7.27%

Purchase Details

Closed on
Dec 23, 2005
Sold by
Tittle Yelberton Abraham and Tittle Minnette D
Bought by
Cape Coral Properties Llc

Purchase Details

Closed on
Dec 1, 2004
Sold by
Bailey Steve
Bought by
Tittle Yelberton A and Tittle Minnette D

Purchase Details

Closed on
Aug 30, 2004
Sold by
Maier Wilfried and Maier Hannelore
Bought by
Bailey Steve

Purchase Details

Closed on
Jul 27, 2001
Sold by
Wheeler Evelyn
Bought by
Glatz Michael J
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
Fox Mary F $70,000 Esquire Land Title
Cape Coral Properties Llc -- None Available
Tittle Yelberton A $160,000 Omnimark Title Services Llc
Bailey Steve $89,000 Omnimark Title Services Llc
Glatz Michael J $10,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2023 08/23/23 Sold $70,000 -17.6% --
08/23/2023 08/23/23 Pending -- -- --
08/05/2023 08/05/23 Price Changed $85,000 -15.0% --
06/01/2023 06/01/23 For Sale $100,000 -- --
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 $1,446 $56,687 $56,687 --
2024 $1,446 $60,944 $60,944 --
2023 $912 $18,229 $0 $0
2022 $720 $16,572 $0 $0
2021 $665 $23,400 $23,400 $0
2020 $576 $13,695 $13,695 $0
2019 $586 $15,400 $15,400 $0
2018 $583 $15,400 $15,400 $0
2017 $570 $18,976 $18,976 $0
2016 $514 $15,400 $15,400 $0
2015 $514 $19,800 $19,800 $0
2014 $402 $12,430 $12,430 $0
2013 -- $9,300 $9,300 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Shane Denslow

    Lightning Realty Group LLC

    (239) 888-0100

    2 in this area

    95 Total Sales

    Shane Denslow
    Section Image

  • D

    Seller Co-Listing Agent in 2023

    D'Andra Denslow

    Lightning Realty Group LLC

    (239) 478-0148

    57 in this area

    599 Total Sales

    D'Andra Denslow
    Section Image
  • Joe Verville

    Buyer's Agent in 2023

    Joe Verville

    RE/MAX

    (239) 440-6691

    10 in this area

    61 Total Sales

    Joe Verville
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223041493

Florida Gulf Coast Multiple Listing Service

APN: 17-44-23-C2-03950.0330

Florida Lee County Cape Coral 33991 Mariner

2602 SW 1st Terrace, Cape Coral, FL

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