NOT LISTED FOR SALE

2725 SW 1st Terrace Cape Coral, FL 33991

Burnt Store Neighborhood

Estimated Value: $334,450 - $439,000

0.24 Acre
$1,589,602 Price per Acre
10,629 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $10,000

Est. 3,779% increase in value since last sale

Current estimated payment $2,624/month

222 Days on Market

Highlights

  • City View
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of August 2020

Very nice lot across from the fresh water canal in an upscale neighborhood.

Last Agent to Sell the Property

Sayo Mehmedbasic

Listers Plus Realty License #252010563 Listed on: 12/17/2019

Last Buyer's Agent

Carole Christie

Property Details

Property Type

  • Land

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Property Views

  • City Views

Utilities

  • Water Not Available
  • Well
  • Septic Tank
  • Sewer Not Available

Community Details

  • Association fees include ground maintenance
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 50 / 3956
  • Assessor Parcel Number 17-44-23-C2-03956.0500

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.244
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: South from Embers Pkwy.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: None, Septic Tank
  • Utilities: Electricity Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None, Well

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-44-23-C2-03956.0500
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 514.0
  • Tax Block: 3956
  • Tax Lot: 50
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2021
Sold by
Jhs Builders Llc
Bought by
Veloso Noel Perez
Current Estimated Value
$387,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,011
Outstanding Balance
$217,583
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$161,387

Purchase Details

Listed on
Dec 17, 2019
Closed on
Aug 25, 2020
Sold by
Cornejo Carla Paola
Bought by
Jhs Builders Llc
Seller's Agent
Sayo Mehmedbasic
Listers Plus Realty
Buyer's Agent
Carole Christie
List Price
$15,900
Sold Price
$10,000
Premium/Discount to List
-$5,900
-37.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.28%

Purchase Details

Closed on
Oct 3, 2013
Sold by
Cornejo Luzmila
Bought by
Cornejo Carla Paola

Purchase Details

Closed on
Mar 15, 2002
Sold by
Amer Prime Group Inc
Bought by
Cornejo Salomon and Cornejo Luzmila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,645
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Olivier Edward
Bought by
Amer Prime Group Inc
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
Veloso Noel Perez $244,500 Landsel Title Agency Inc
Jhs Builders Llc $10,000 Landsel Title Agency Inc
Cornejo Carla Paola -- Attorney
Cornejo Carla Paola -- Attorney
Cornejo Salomon $9,000 --
Amer Prime Group Inc $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veloso Noel Perez $240,011
Previous Owner Cornejo Salomon $7,645
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2020 08/26/20 Sold $10,000 -37.1% --
07/27/2020 07/27/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $15,900 -- --
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 $6,170 $294,669 $58,469 $223,585
2023 $6,170 $334,241 $0 $0
2022 $5,508 $303,855 $44,441 $259,414
2021 $565 $15,300 $15,300 $0
2020 $518 $10,500 $10,500 $0
2019 $514 $15,000 $15,000 $0
2018 $479 $11,000 $11,000 $0
2017 $446 $10,982 $10,982 $0
2016 $398 $8,000 $8,000 $0
2015 $360 $6,800 $6,800 $0
2014 $297 $5,922 $5,922 $0
2013 -- $5,100 $5,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Sayo Mehmedbasic

    Seller's Agent in 2020

    Sayo Mehmedbasic

    Listers Plus Realty

    (239) 246-1424

    23 in this area

    73 Total Sales

    Sayo Mehmedbasic
    Section Image

  • C

    Buyer's Agent in 2020

    Carole Christie

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219083038

Florida Gulf Coast Multiple Listing Service

APN: 17-44-23-C2-03956.0500

Florida Lee County Cape Coral 33991 Burnt Store

2725 SW 1st Terrace, Cape Coral, FL

This home is located at 2725 SW 1st Terrace, Cape Coral, FL 33991 since 17 December 2019 and is currently estimated at $387,863. 2725 SW 1st Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English 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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