NOT LISTED FOR SALE

Estimated Value: $1,170,000 - $1,264,000

5 Beds
4.5 Baths
3,629 Sq Ft
$336/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $779,000 $215 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $8,115/month

157 Days on Market

Highlights

  • Home fronts a seawall
  • Concrete Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Two Primary Bedrooms
  • Canal View

About This Home

As of October 2020

Do not miss this one of a kind property offered at a great price, please also watch the video tour! Beautiful and unique two story home located in the very prestigious Surfside area of Cape Coral. This former Mercedes model home was built on an oversized lot and offers beautiful views on intersecting saltwater canals. The 5 bedroom, 4 bath house features TWO EQUALLY BEAUTIFUL MASTER SUITES that make this house the ideal vacation rental property or a two generation home. The property is being sold completely TURN KEY with interior furniture, patio furniture, gas grill, smart tv, beach supplies, linens, kitchen utensils and a lot more. It also boasts a formal dining area and an additional media or game room upstairs. The kitchen shines with granite countertops, beautiful Mahogany finish cabinets and top of the line appliances. Both master bathrooms offer a nice double sink vanity with granite countertops, a big walk-in shower with a glass enclosure and a jetted tub. The tropical pool area has a heated pool and spa ensuring summer feeling all year long. Boaters will love the closeness to the river and the Gulf of Mexico, a boat dock and 10,000 lbs lift were added only recently.

Last Agent to Sell the Property

Don Payne

Donald Lee Payne License #252010654 Listed on: 04/25/2020

Last Buyer's Agent

Donald Payne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,651

Year Built

  • Built in 2007

Lot Details

  • 0.4 Acre Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home
  • Corner Lot
  • Oversized Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,629 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Formal Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Gunite Spa
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 20 / 4902
  • Assessor Parcel Number 05-45-23-C1-04902.0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,651

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2007
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, Gunite, In Ground, Screened
  • Private Spa: Yes
  • Appliances: Double Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, High Speed Internet, Jetted Tub, Living/Dining Room, Multiple Master Suites, Pantry, Separate Shower, Cable TV, Home Office
  • Living Area: 3629.0
  • Stories: 2
  • Window Features: Single Hung, Impact Glass
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Corner Lot, Irregular Lot, Oversized Lot, See Remarks, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • View: Canal, Landscaped, Pool, Water
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water, Seawall, See Remarks
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Patio, Gas Grill
  • Patio And Porch Features: Balcony, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: See Remarks
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-23-C1-04902.0200
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 11651.0
  • Tax Block: 4902
  • Tax Lot: 20
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2020
Closed on
Oct 30, 2020
Sold by
Sunshine State Rentals Ii Llc
Bought by
Reilly Robert J and Reilly Linda A
Seller's Agent
Don Payne
Donald Lee Payne
Buyer's Agent
Donald Payne
List Price
$799,000
Sold Price
$779,000
Premium/Discount to List
-$20,000
-2.5%
Current Estimated Value
$1,244,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,764
Avg. Annual Appreciation
10.31%
Original Mortgage
$584,250
Outstanding Balance
$524,622
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$720,414

Purchase Details

Closed on
Apr 28, 2016
Sold by
Gapski Thomas
Bought by
State Rentals Ii Llc

Purchase Details

Closed on
Jun 4, 2008
Sold by
Mercedes Homes Inc
Bought by
Martina Gapski Thomas and Martina Monnikes Gapski

Purchase Details

Closed on
Nov 1, 2005
Sold by
Wolfe Alan E and Wolfe Jennifer M
Bought by
Mercedes Homes

Purchase Details

Closed on
Jul 27, 2004
Sold by
Feichthaler Eric and Feichthaler Mary
Bought by
Wolf Alan E and Wolfe Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,920
Interest Rate
7.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 24, 2001
Sold by
Johnson Nancy L
Bought by
Law John and Law Gerilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,875
Interest Rate
6.74%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Mercado Raul and Mercado Luz D
Bought by
Johnson Nancy L
Source: Public Records

Range of Values:

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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
Reilly Robert J $779,000 Fidelity Natl Ttl Of Fl Inc
State Rentals Ii Llc -- None Available
Martina Gapski Thomas $690,000 Omnione Title Services Llc
Mercedes Homes $437,500 Title Professionals Of Fl
Wolf Alan E $224,900 --
Law John -- --
Law John $85,000 --
Johnson Nancy L $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunshine State Rentals Ii Llc $584,250
Closed Reilly Robert J $584,250
Previous Owner Wolf Alan E $179,920
Previous Owner Law John $63,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $779,000 -2.5% $215 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
04/25/2020 04/25/20 For Sale $799,000 -- $220 / 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
2024 $15,584 $858,130 -- --
2023 $14,953 $780,118 $0 $0
2022 $13,684 $709,198 $0 $0
2021 $12,250 $644,725 $173,913 $470,812
2020 $12,086 $585,445 $128,000 $457,445
2019 $11,651 $547,519 $186,900 $360,619
2018 $12,063 $552,329 $178,000 $374,329
2017 $12,476 $562,835 $198,000 $364,835
2016 $11,777 $512,893 $212,471 $300,422
2015 $11,690 $487,674 $194,164 $293,510
2014 $12,106 $500,865 $182,660 $318,205
2013 -- $527,997 $140,414 $387,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220027365

Florida Gulf Coast Multiple Listing Service

APN: 05-45-23-C1-04902.0200