NOT LISTED FOR SALE

2623 Somerville Loop Unit 505 Cape Coral, FL 33991

Trafalgar Neighborhood

Estimated Value: $289,635 - $320,000

3 Beds
2 Baths
1,725 Sq Ft
$196/mo HOA Fee

Last Sold April 26, 2019

Last sale price $200,000 $116 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,047/month

79 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Cape Elementary School Rated A-
  • Gated Community
  • Cathedral Ceiling

About This Home

As of April 2019

An unbelievable unit at a tremendous price! From the moment you walk in, you will feel right at home. There's beautiful new flooring on the stairwell up to the spacious, open living area with a spectacular lake view! The sellers have done away with all of the carpet (except the master closet) and added tile and timeless updates to the interior. You will notice the new doors in the kitchen with handmade curtains that truly give it a Florida/beach feel. Enjoy your days on the private, screened patio watching the wildlife or inside entertaining in your large living area with luxurious, tall ceilings. You will surely be impressed, as this unit shows like a model. You will never be bored! The Sandoval community is gorgeous and fun, offering tons of amenities and activities: dog parks, a tropical pool, water slides, a hot tub, athletic courts, a gym, and much, much more. Plus, it's conveniently located near shopping and restaurants. There's also a new water heater and new paint and fixtures throughout most of the unit. 2016 washer and dryer included! Let's not forget, you get your own private garage! Schedule a viewing of this wonderfully maintained unit today!

Last Agent to Sell the Property

Brooke Cole Murray

RE/MAX Nautical Realty License #258024837 Listed on: 01/06/2019

RE/MAX Nautical Realty

Co-Listed By

Brenda Cole

RE/MAX Nautical Realty License #252000086

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,560

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • South Facing Home
  • Zero Lot Line

HOA Fees

  • $196 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,725 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-44-23-C3-00605.0505

Community Details

Overview

  • Association fees include insurance, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, road maintenance, sewer, street lights, water
  • 172 Units
  • Association Phone (239) 573-3225
  • Low-Rise Condominium
  • Somerville Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Dog Park
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,560

Year Built

Built in 2006

Lot Details

0

HOA Fees

$196 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: FREM
  • Co List Office Phone: (239) 489-0444
  • Ownership: Condo
  • Subdivision Name: SOMERVILLE
  • Architectural Style: 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: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Dual Sinks, Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV, Upper Level Master, Walk-In Closet(s), High Speed Internet
  • Living Area: 1725.0
  • Stories: 2
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Lake, Water
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Patio, Shutters Manual
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Gated, Street Lights
  • Amenities: Basketball Court, Bocce Court, Clubhouse, Dog Park, Fitness Center, Barbecue, Picnic Area, Playground, Pickleball, Pool, Sidewalks, Tennis Court(s), Trail(s)
  • Association Fee: 587.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-573-3225
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Street Lights, Water

Lot Info

  • Parcel #: 29-44-23-C3-00605.0505
  • Zoning Description: RD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 172

Tax Info

  • Tax Annual Amount: 3560.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2019
Closed on
Apr 24, 2019
Sold by
Ball Earl Michael and Dregne Mary Beth
Bought by
Sternad Marsha and Sternad Terry
Seller's Agent
Brooke Cole Murray
RE/MAX Nautical Realty
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$307,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,909
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
Jan 14, 2015
Closed on
Jun 17, 2015
Sold by
Stephenson Michael S and Stephenson Barbara J
Bought by
Ball Ii Earl Michael and Dregne Mary Beth
Seller's Agent
Cecilia Schwartz
Jones & Co Realty
Buyer's Agent
Linda Hample
Hamilton Franklin Realty LLC
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$122,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Pulte Home Corp
Bought by
Stephenson Michael S and Stephenson Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,496
Interest Rate
6.39%
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
Sternad Marsha $200,000 Cape Coral Ttl Ins Agcy Inc
Ball Ii Earl Michael $175,000 Title Professionals Of Fl
Stephenson Michael S $266,900 Landamerica Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ball Ii Earl Michael $122,500
Previous Owner Stephenson Michael S $213,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2019 04/26/19 Sold $200,000 -4.8% $116 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $210,000 +20.0% $122 / Sq Ft
06/17/2015 06/17/15 Sold $175,000 -12.5% $101 / Sq Ft View Prior Sale
05/18/2015 05/18/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $199,900 -- $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 $2,672 $185,977 -- --
2024 $2,614 $180,736 -- --
2023 $2,614 $175,472 $0 $0
2022 $2,407 $170,361 $0 $0
2021 $2,459 $178,595 $0 $178,595
2020 $2,489 $163,115 $0 $163,115
2019 $3,216 $163,115 $0 $163,115
2018 $3,283 $163,115 $0 $163,115
2017 $3,560 $175,228 $0 $175,228
2016 $3,399 $164,414 $0 $164,414
2015 $2,709 $135,500 $0 $135,500
2014 $2,564 $127,100 $0 $127,100
2013 -- $100,800 $0 $100,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219000498

Florida Gulf Coast Multiple Listing Service

APN: 29-44-23-C3-00605.0505