NOT LISTED FOR SALE

2628-2632 SE 16th Place Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $532,000 - $808,000

9 Beds
6 Baths
4,900 Sq Ft
$144/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $497,750 $102 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,602/month

59 Days on Market

Highlights

  • Concrete Pool
  • 0.49 Acre Lot
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Oversized Lot
  • Central Heating and Cooling System

About This Home

As of November 2018

Buyer's financing fell thru! Outstanding Multi-Family investment opportunity! 9 Bedrooms, 6 full Bathrooms, 3 garages, Swimming Pool! $55k gross annual RENTAL INCOME. 3,680 sq ft total living area on .49 acre lot. Each side of the Duplex is 3BR 2 BA+Garage+shared swimming pool~~PLUS a 3BR 2BA+Garage SFH on 4-lot site IDEALLY LOCATED in the heart of Cape Coral near schools, shopping, health care & restaurants. Duplex Right side is seasonally rented Jan-April 2019 @ $2,500/month. Lovely curb appeal; Quiet neighborhood; Each Duplex unit includes Washer, Dryer, Laundry tub, enclosed over-sized garage w/auto opener, pull-down stairs to attic storage, storm shutters, tile on diagonal, stainless steel appliances, enclosed Florida Room, shared pool & private back yard. Duplex A/C units are 2018 & 2016; NEW ROOF 2018 w/30-yr dimensional shingles & transferable warranty. Left side of duplex is owner-occupied thru Sept. SFH has annual tenant installed through Aug. 1, 2019. Auto-irrigation & ALL ASSESSMENTS PAID! NOT a fixer-upper! Both buildings are in good condition with all systems functional. No known defects or repair issues. Well maintained one-owner property.

Last Agent to Sell the Property

Bonney Leckie

Century 21 Selling Paradise License #252011561 Listed on: 08/28/2018

Century 21 Selling Paradise

Last Buyer's Agent

Kynse Leigh Agles

Epique Realty, Inc. License #258006041

Epique Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,342

Year Built

  • Built in 1981

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 147 x 125 x 199 x 125
  • Oversized Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Pool

  • Concrete Pool
  • In Ground Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 3-6 / 1194A
  • Assessor Parcel Number 32-44-24-C1-01194.A030

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $8,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,342

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Lot Size: 147 x 125 x 199 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Travel north on Del Prado Blvd. to Rt (east) on SE 27th Street to 2nd Left on SE 16th Place. The Duplex is the 2nd house on the left. The single family home is to the right of the Duplex.
  • Architectural Style: Other, Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Triplex, Duplex
  • Year Built: 1981
  • Property Sub Type Additional: Duplex,Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Flooring: Carpet, Tile
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • 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, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 32-44-24-C1-01194.A030
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 8000.0

Tax Info

  • Tax Annual Amount: 4342.0
  • Tax Block: 1194A
  • Tax Lot: 3-6
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Barch Joseph L
Bought by
Barch Joseph L and The Joseph L Barch Living Trus
Current Estimated Value
$703,786

Purchase Details

Listed on
Aug 28, 2018
Closed on
Nov 26, 2018
Sold by
Niedung Helen B
Bought by
Barch Joseph
Seller's Agent
Bonney Leckie
Century 21 Selling Paradise
Buyer's Agent
Kynse Leigh Agles
Epique Realty, Inc.
List Price
$519,500
Sold Price
$497,750
Premium/Discount to List
-$21,750
-4.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$463,776
Outstanding Balance
$406,291
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$297,495

Purchase Details

Closed on
Jul 2, 2008
Sold by
Niedung Helen B
Bought by
Niedung Helen B and Helen B Niedung Trust
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
Barch Joseph L -- None Available
Barch Joseph $497,800 Cape Coral Title Ins Agency
Niedung Helen B -- None Available
Niedung Helen B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barch Joseph $463,776
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2018 11/26/18 Sold $497,750 -4.2% $102 / Sq Ft
10/27/2018 10/27/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $519,500 -- $106 / 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 $10,936 $623,594 -- --
2024 $8,790 $566,904 $178,823 $351,484
2023 $8,790 $462,640 $0 $0
2022 $8,474 $432,708 $0 $0
2021 $7,782 $435,440 $50,258 $385,182
2020 $7,397 $374,671 $44,000 $330,671
2019 $7,425 $379,505 $44,000 $335,505
2018 $4,390 $245,586 $0 $0
2017 $4,342 $260,538 $0 $0
2016 $3,878 $254,132 $36,191 $217,941
2015 $3,726 $241,805 $30,799 $211,006
2014 -- $244,959 $46,766 $198,193
2013 -- $212,623 $25,344 $187,279
Source: Public Records

Agents Affiliated with this Home

  • Bonney Leckie

    Seller's Agent in 2018

    Bonney Leckie

    Century 21 Selling Paradise

    (239) 699-5197

    6 in this area

    256 Total Sales

    Bonney Leckie
    Section Image
  • Kynse Leigh Agles

    Buyer's Agent in 2018

    Kynse Leigh Agles

    Epique Realty, Inc.

    (239) 560-6587

    6 in this area

    105 Total Sales

    Kynse Leigh Agles
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218056546

Florida Gulf Coast Multiple Listing Service

APN: 32-44-24-C1-01194.A030

Florida Lee County Cape Coral 33904 Caloosahatchee

2628-2632 SE 16th Place, Cape Coral, FL

This home is located at 2628-2632 SE 16th Place, Cape Coral, FL 33904 since 28 August 2018 and is currently estimated at $703,786, approximately $143 per square foot. This property was built in 1981. 2628-2632 SE 16th Place is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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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