NOT LISTED FOR SALE

Estimated Value: $342,000 - $453,000

0.23 Acre
$1,673,417 Price per Acre
10,019 Sq Ft Lot

Last Sold June 24, 2024

Last sale price $35,000 $19 Per Sq Ft

Est. 1,000% increase in value since last sale

Current estimated payment $2,504/month

118 Days on Market

Highlights

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

About This Lot

As of June 2024

Discover the allure of waterfront living on this captivating lot along the Wales Canal in Cape Coral, Florida. This spacious parcel presents an exceptional opportunity for those seeking an ideal location. Nestled amidst the charm of a thriving neighborhood, where new construction homes are continually shaping the area, this lot promises not just a property but a future investment. Enjoy the tranquility of living directly along the Wales Canal. Currently, the lot is situated outside the flood zone, providing assurance and peace of mind to potential buyers. The freedom to design and build a custom home tailored to personal preferences is a unique aspect of this property, allowing you to envision and create your ideal living space. Convenience meets desirability in this location, with easy access to Del Prado and Pine Island Rd, as well as proximity to Santa Barbara Blvd, schools, and shopping centers. The neighborhood's growth and vitality add an extra layer of appeal, making this lot a strategic investment for the future.

Last Agent to Sell the Property

Tammy Cook PA

EXP Realty LLC License #258013599 Listed on: 02/26/2024

EXP Realty LLC

Last Buyer's Agent

Jose Soler

The Keyes Company License #258034325

The Keyes Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $704

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Waterfront
  • East Facing Home
  • Brush Vegetation
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Water Available
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 19 / 2354
  • Assessor Parcel Number 25-43-23-C4-02354.0190

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$704

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Kismet Pkwy to NE Juanita P, turn right, to NE 27th Terr, turn right to NE 1st Pl turn right and the property will be on the right-hand side.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Cleared, Rectangular Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: East
  • Property Condition: To Be Built

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 25-43-23-C4-02354.0190
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 704.43
  • Tax Block: 2354
  • Tax Lot: 19
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
Jun 10, 2024
Sold by
Humphrey Michael W
Bought by
Herrera Yosvany Hernandez and Dealfonso Lellany De
Seller's Agent
Tammy Cook PA
EXP Realty LLC
Buyer's Agent
Jose Soler
The Keyes Company
List Price
$37,500
Sold Price
$35,000
Premium/Discount to List
-$2,500
-6.67%
Views
55
Current Estimated Value
$384,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,886
Avg. Annual Appreciation
623.00%
Original Mortgage
$391,483
Outstanding Balance
$386,966
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$19,854

Purchase Details

Closed on
Apr 22, 2011
Sold by
Gahan Laura A
Bought by
Humphrey Michael W

Purchase Details

Closed on
Mar 15, 2005
Sold by
Arizen Homes Inc
Bought by
Gahan Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,170
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2003
Sold by
Arnel Timothy C and Arnel Kelly Wade
Bought by
Arizen Homes Inc

Purchase Details

Closed on
Jul 15, 2003
Sold by
Carpenter Daniel R
Bought by
Arnel Timothy C and Wade Arnel Kelly
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
Herrera Yosvany Hernandez $405,000 Winged Foot Title
Humphrey Michael W $93,900 Towns Title & Co Inc
Gahan Laura A $191,300 Guardian Title Services Corp
Arizen Homes Inc $9,000 --
Arizen Homes Inc $8,000 --
Arnel Timothy C $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Yosvany Hernandez $391,483
Previous Owner Gahan Laura A $181,000
Previous Owner Gahan Laura A $60,000
Previous Owner Gahan Laura A $172,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2024 06/24/24 Sold $35,000 -6.7% $19 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $37,500 0.0% $21 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $37,500 -- $21 / 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 $5,655 $279,194 -- --
2023 $5,194 $253,813 $0 $0
2022 $4,767 $230,739 $0 $0
2021 $4,246 $209,763 $10,999 $198,764
2020 $4,134 $196,225 $7,725 $188,500
2019 $3,989 $189,762 $10,000 $179,762
2018 $3,927 $192,193 $10,000 $182,193
2017 $3,757 $186,522 $6,800 $179,722
2016 $3,437 $164,572 $9,422 $155,150
2015 $3,164 $142,508 $8,441 $134,067
2014 $2,975 $136,105 $7,830 $128,275
2013 -- $113,699 $6,056 $107,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224018518

Florida Gulf Coast Multiple Listing Service

APN: 25-43-23-C4-02299.0350