NOT LISTED FOR SALE

2616 SE 16th Place Unit 1-2 Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $279,917 - $677,000

3 Beds
2 Baths
1,800 Sq Ft
$223/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $310,000 $172 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,493/month

139 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Ceiling Fan

About This Home

As of December 2021

Great opportunity to own this investment property with a steady cash flow. Unit 1 is a 2 bedroom, 1 bath with long term tenants paying $1100 a month. Unit 2 is a 1 bedroom 1 bath paying $930 a month. Both units have a screened in lanai with a washer and dryer. Unit 2 has a brand new stove. Roof and AC were replaced in 2017.

Last Agent to Sell the Property

Renee Renna

Cape Coral Real Estate & RE License #258016775 Listed on: 06/23/2021

Last Buyer's Agent

R.J. Dean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,102

Year Built

  • Built in 1973

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 120 x 80 x 120 x 80
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, pest control, security, water
  • Legal Lot and Block 11 / 1194A
  • Assessor Parcel Number 32-44-24-C1-01194.A110

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $4,886
  • Net Operating Income $20,674

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,102

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 120 x 80 x 120 x 80
  • Subdivision Name: CAPE CORAL
  • Directions: Traveling north on Del Prado from Cape Coral Pkwy, turn right onto SE 26th ST by the Racetrac. Turn right onto SE 16th Pl. House is on the right.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stone, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 32-44-24-C1-01194.A110
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Pest Control, Security, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 20674.0
  • Annual Operating Expense: 4886.0

Tax Info

  • Tax Annual Amount: 3102.0
  • Tax Block: 1194A
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Dec 10, 2021
Sold by
Obrenski James L and Obrenski Living Trust
Bought by
Eamolarn Songchanok and The Songchanok Eamolarn Family
Seller's Agent
Renee Renna
Cape Coral Real Estate & RE
Buyer's Agent
R.J. Dean
List Price
$297,000
Sold Price
$310,000
Premium/Discount to List
$13,000
4.38%
Current Estimated Value
$401,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,979
Avg. Annual Appreciation
6.93%
Original Mortgage
$213,750
Outstanding Balance
$196,673
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$205,306

Purchase Details

Listed on
Feb 8, 2019
Closed on
Jun 3, 2019
Sold by
Walker Eric S and Walker Rayshelle J
Bought by
Obrenski Living Trust
Seller's Agent
Angelica Stabile
Legacy Premier Realty LLC
Buyer's Agent
Renee Renna
Cape Coral Real Estate & RE
List Price
$225,000
Sold Price
$217,000
Premium/Discount to List
-$8,000
-3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.20%

Purchase Details

Listed on
Mar 14, 2017
Closed on
May 30, 2017
Sold by
Gasparilla Investments Llc
Bought by
Walker Eric S and Walker Rayshelle J
Seller's Agent
Joella Consolazio
Properties in Paradise Real Estate, LLC
Buyer's Agent
Ann Stone
Pro Gulf Properties LLC
List Price
$209,000
Sold Price
$198,000
Premium/Discount to List
-$11,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$141,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2016
Sold by
Frank Dagosta
Bought by
Gasparilla Investments Llc

Purchase Details

Closed on
Oct 26, 2000
Sold by
Kroman Mary and Kroman Ronald K
Bought by
Dagosta Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,300
Interest Rate
7.91%
Mortgage Type
Commercial

Purchase Details

Closed on
May 13, 1994
Sold by
Parliman Bradley E and Parliman Georgina L
Bought by
Kroman Ronald K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,593
Interest Rate
8.07%
Mortgage Type
FHA
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
Eamolarn Songchanok $310,000 Assured Title Services Llc
Obrenski Living Trust $217,000 Cape Coral Ttl Ins Agcy Inc
Walker Eric S $198,000 Palm Title Associates Inc
Gasparilla Investments Llc $111,900 None Available
Dagosta Frank $87,000 --
Kroman Ronald K $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eamolarn Songchanok $213,750
Previous Owner Walker Eric S $141,000
Previous Owner Dagosta Frank $78,300
Previous Owner Kroman Ronald K $65,593
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2021 12/10/21 Sold $310,000 +4.4% $172 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $297,000 +36.9% $165 / Sq Ft
06/05/2019 06/05/19 Sold $217,000 -3.6% $121 / Sq Ft View Prior Sale
05/06/2019 05/06/19 Pending -- -- --
02/08/2019 02/08/19 For Sale $225,000 0.0% $125 / Sq Ft
11/21/2017 11/21/17 For Rent -- -- --
11/21/2017 11/21/17 Rented -- -- --
05/30/2017 05/30/17 Sold $198,000 -5.3% $110 / Sq Ft View Prior Sale
04/30/2017 04/30/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $209,000 -- $116 / 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 $4,602 $225,595 -- --
2024 $4,442 $205,086 $86,499 $114,373
2023 $4,442 $199,400 $44,962 $154,438
2022 $4,849 $238,805 $25,000 $213,805
2021 $3,339 $147,551 $25,000 $122,551
2020 $3,102 $122,735 $22,000 $100,735
2019 $3,091 $124,348 $22,000 $102,348
2018 $2,941 $114,674 $22,000 $92,674
2017 $3,022 $118,707 $18,000 $100,707
2016 $2,440 $104,174 $18,000 $86,174
2015 $2,254 $93,304 $15,300 $78,004
2014 $2,127 $77,095 $23,300 $53,795
2013 -- $68,592 $12,600 $55,992
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Renee Renna

    Cape Coral Real Estate & RE

    (239) 204-7384

    5 in this area

    38 Total Sales

    Renee Renna
    Section Image

  • R

    Buyer's Agent in 2021

    R.J. Dean

  • R

    Buyer's Agent in 2021

    RJ Dean

    Porter Davis Real Estate

    (239) 994-0012

    2 in this area

    586 Total Sales

    RJ Dean
    Section Image

  • A

    Seller's Agent in 2019

    Angelica Stabile

    Legacy Premier Realty LLC

    (239) 878-1581

    9 Total Sales

    Angelica Stabile
    Section Image
  • Joella Consolazio

    Seller's Agent in 2017

    Joella Consolazio

    Properties in Paradise Real Estate, LLC

    (239) 848-5136

    4 in this area

    91 Total Sales

    Joella Consolazio
    Section Image

  • K

    Seller's Agent in 2017

    Kevin Haag

    Douglas Realty & Development

    (239) 542-2710

    24 Total Sales

    Kevin Haag
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221046661

Florida Gulf Coast Multiple Listing Service

APN: 32-44-24-C1-01194.A110

Florida Lee County Cape Coral 33904 Caloosahatchee

2616 SE 16th Place Unit 1-2, Cape Coral, FL

This home is located at 2616 SE 16th Place Unit 1-2, Cape Coral, FL 33904 since 23 June 2021 and is currently estimated at $401,979, approximately $223 per square foot. This property was built in 1973. 2616 SE 16th Place Unit 1-2 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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