NOT LISTED FOR SALE

2623 Somerville Loop Unit 501 Cape Coral, FL 33991

Trafalgar Neighborhood

Estimated Value: $287,572 - $316,000

2 Beds
2 Baths
1,650 Sq Ft
$513/mo HOA Fee

Last Sold March 30, 2015

Last sale price $185,000 $112 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,503/month

18 Days on Market

Highlights

  • Lake Front
  • Pier or Dock
  • Gated Community
  • Cape Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Home

As of March 2015

A tropical get-away ready for YOU! FABULOUS lake-view second floor condo unit in beautiful Somerville at Sandoval. Panoramic view of the large lake. END UNIT with TWO assigned parking spaces and guest parking adjacent to unit. NEWLY decorated; NEW master bathroom shower recently re-tiled. Fitness center, huge lagoon pool plus a smaller pool for carriage home residence only, tennis, tons of activities at the clubhouse year-round. Gorgeous walking paths around lush foliage and lakes. Furniture/furnishings are negotiable.

Last Agent to Sell the Property

Karla Thurmer

Florida Complete Realty License #258003104 Listed on: 02/09/2015

Last Buyer's Agent

Mary Rambow

RE/MAX Trend License #258015302

RE/MAX Trend

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,325

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Property fronts a private road
  • South Facing Home
  • Fenced
  • Zero Lot Line

HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking
  • Assigned Parking

Property Views

  • Lake
  • Woods

Home Design

  • Entry on the 2nd floor
  • Coach House
  • Slate Roof
  • Stucco

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Furnished or left unfurnished upon request
  • Bar
  • Cathedral Ceiling
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Purifier
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 29-44-23-C3-00605.0501

Community Details

Overview

  • Association fees include cable TV, insurance, internet, irrigation water, ground maintenance, pest control, recreation facilities, reserve fund, sewer, street lights, trash, water
  • 172 Units
  • Association Phone (239) 281-6170
  • Low-Rise Condominium
  • Somerville Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Community Library

Recreation

  • Pier or Dock
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,325

Year Built

Built in 2006

Lot Details

0

HOA Fees

$513 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SOMERVILLE
  • Directions: West on Veteran's Memorial Parkway past Chiquita Blvd.; Take Right into Sandoval community; Go through gate and take immediate Left. Condo is on the Right side, #501. Guest parking next to unit or near swimming pool.
  • Architectural Style: Coach/Carriage, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Negotiable
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Water Purifier
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Eat-in Kitchen, High Ceilings, Living/Dining Room, Custom Mirrors, Pantry, Shower Only, Separate Shower, Bar, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1650.0
  • Stories: 2
  • Window Features: Single Hung, Sliding, Shutters, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Lake, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Owner Is Listing Agent, Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Slate

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Driveway, Garage, Guest, Paved, Two Spaces, Garage Door Opener

Utilities

  • Security: Fenced, Security Gate, Gated Community, Key Card Entry, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Underground Utilities
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Basketball Court, Clubhouse, Dog Park, Fitness Center, Library, Barbecue, Picnic Area, Pier, Playground, Park, Pool, Shuffleboard Court, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s)
  • Association #2 Fee: 317.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 587.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-281-6170
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Irrigation Water, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Street Lights, Trash, Water

Lot Info

  • Parcel #: 29-44-23-C3-00605.0501
  • Zoning Description: RD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 172

Tax Info

  • Tax Annual Amount: 1325.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2015
Closed on
Mar 30, 2015
Sold by
Thurmer Patrick A and Thurmer Karla J
Bought by
Yeates Craig and Yeates Anne
Seller's Agent
Karla Thurmer
Florida Complete Realty
Buyer's Agent
Mary Rambow
RE/MAX Trend
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$299,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,893
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Jan 3, 2012
Sold by
Conway Todd R and Conway Cara Lynne
Bought by
Thurmer Patrick A and Thurmer Karla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.38%
Mortgage Type
Balloon

Purchase Details

Closed on
May 15, 2006
Sold by
Pulte Home Corp
Bought by
Conway Todd R and Conway Cara Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,600
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Yeates Craig $185,000 Florida Title & Guarantee Ag
Thurmer Patrick A $125,000 Title Professionals Of Fl
Conway Todd R $267,300 Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thurmer Patrick A $120,000
Previous Owner Conway Todd R $205,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2015 03/30/15 Sold $185,000 -7.5% $112 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $199,900 -- $121 / 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 $4,856 $248,226 -- $248,226
2024 $5,530 $280,732 -- $280,732
2023 $5,530 $319,084 $0 $299,130
2022 $3,696 $193,852 $0 $0
2021 $3,353 $176,229 $0 $176,229
2020 $3,186 $160,693 $0 $160,693
2019 $3,173 $160,693 $0 $160,693
2018 $3,238 $160,693 $0 $160,693
2017 $3,560 $173,613 $0 $173,613
2016 $3,378 $161,947 $0 $161,947
2015 $1,484 $132,900 $0 $132,900
2014 -- $124,200 $0 $124,200
2013 -- $101,100 $0 $101,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215007741

Florida Gulf Coast Multiple Listing Service

APN: 29-44-23-C3-00605.0501