NOT LISTED FOR SALE

2602 SW 37th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $567,000 - $816,000

3 Beds
2 Baths
2,012 Sq Ft
$346/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $445,000 $221 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,226/month

25 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of December 2016

Experience relaxation in this bright, open, & airy jewel w/ Southern exposure on the 170' wide Coral Canal. Approx. 5 minutes to the South Spreader Waterway! Pull up to this beauty on a circular paver drive, & the gorgeous home welcomes you through glass doors into a large great room w/ high ceilings where you will enjoy overlooking the pool/spa & water through tons of glass! Tile floors take you throughout the home, & you'll love hearing your favorite music playing on whole-home surround sound as you walk through. The spacious master features its own slider, coffer ceiling, walk-in closet, & huge en-suite complete with garden soaking tub & separate walk-in shower. This cute kitchen with tile backsplash, newer range/french door fridge/dual-load dishwasher is perfect for entertaining! The garage has been double insulated & is currently used as an entertainment room featuring wall AC/Heat unit, fridge, storage, wine cooler, & sink. Leave as-is & you can still pull two cars in! Captains walk was redone last month & spans the entire length of the property; includes tiki hut, kayak launch, hoist/davit, power & H2O. Perfect residence or vacation home! Possible turnkey. ASSESSMENTS PAID!

Last Agent to Sell the Property

Courtney Ackerman

LPT Realty, LLC License #258023415 Listed on: 10/20/2016

LPT Realty, LLC

Last Buyer's Agent

Linda Meulenberg

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,183

Year Built

  • Built in 1998

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • North Facing Home
  • Fenced
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Wired For Sound
  • Built-In Features
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Home Office
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fiberglass Spa
  • Outside Bathroom Access
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 25 / 4888
  • Assessor Parcel Number 05-45-23-C3-04888.0250

Community Details

Overview

  • No Home Owners Association
  • Association fees include road maintenance, street lights, trash
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,183

Year Built

Built in 1998

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
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: South on Oasis Blvd. West on SW 37th Ter. Home is on left.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1998
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Spa Features: Electric Heat, Fiberglass, In Ground, Screened
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Tray Ceiling(s), Dual Sinks, French Door(s)/Atrium Door(s), High Ceilings, High Speed Internet, Kitchen Island, Pantry, Separate Shower, Walk-In Closet(s), Wired for Sound, Home Office, Split Bedrooms
  • Living Area: 2012.0
  • Stories: 1
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Outside Bath Access
  • Pool Private: Yes
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Deck, Fence, Sprinkler/Irrigation, Storage
  • Patio And Porch Features: Deck, Open, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Road Maintenance, Street Lights, Trash

Lot Info

  • Parcel #: 05-45-23-C3-04888.0250
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 4183.0
  • Tax Block: 4888
  • Tax Lot: 25
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Dec 15, 2016
Sold by
Russell Charles M and Russell Carolyn M
Bought by
Noble Scott and Noble Debra
Seller's Agent
Courtney Ackerman
LPT Realty, LLC
Buyer's Agent
Linda Meulenberg
List Price
$449,000
Sold Price
$445,000
Premium/Discount to List
-$4,000
-0.89%
Current Estimated Value
$696,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,400
Avg. Annual Appreciation
5.02%
Original Mortgage
$320,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1997
Sold by
Candella Barbara B
Bought by
Russell Charles M and Russell Carolyn M
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
Noble Scott $445,000 Landsel Title Agency Inc
Russell Charles M $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noble Scott $303,000
Closed Noble Scott $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $445,000 -0.9% $221 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $449,000 -- $223 / 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 $6,176 $389,921 -- --
2023 $6,176 $378,564 $0 $0
2022 $5,867 $367,538 $0 $0
2021 $6,094 $404,204 $149,436 $254,768
2020 $6,216 $351,906 $0 $0
2019 $6,046 $343,994 $130,000 $213,994
2018 $6,171 $343,989 $143,000 $200,989
2017 $6,324 $345,603 $137,000 $208,603
2016 $4,140 $325,770 $157,131 $168,639
2015 $4,183 $383,002 $147,780 $235,222
2014 $4,203 $357,519 $132,319 $225,200
2013 -- $295,524 $109,051 $186,473
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Courtney Ackerman

    LPT Realty, LLC

    (239) 822-5614

    4 in this area

    41 Total Sales

    Courtney Ackerman
    Section Image

  • L

    Buyer's Agent in 2016

    Linda Meulenberg

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216064891

Florida Gulf Coast Multiple Listing Service

APN: 05-45-23-C3-04888.0250

Florida Lee County Cape Coral 33914 Pelican

2602 SW 37th Terrace, Cape Coral, FL

This home is located at 2602 SW 37th Terrace, Cape Coral, FL 33914 since 20 October 2016 and is currently estimated at $696,400, approximately $346 per square foot. This property was built in 1998. 2602 SW 37th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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