NOT LISTED FOR SALE

2846 SE 16th Place Unit 1-4 Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $573,000 - $781,000

10 Beds
8 Baths
4,880 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $700,000 $143 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,445/month

145 Days on Market

Highlights

  • Corner Lot
  • Skylights
  • Central Heating
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of November 2021

Wonderful Duplex4 units/ 2/2/, 2/2, 3/2, 3/2. In great area of Cape Coral, close to Cape Coral hospital and Del Prado blvd, work centers, shopping and restaurants.

Last Agent to Sell the Property

Olinda Rivera

Starlink Realty, Inc License #258010584 Listed on: 05/24/2021

Starlink Realty, Inc

Co-Listed By

Richie Rodriguez

Starlink Realty, Inc License #258029600

Last Buyer's Agent

Fior Estrella

Marzucco Real Estate License #258028641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,478

Year Built

  • Built in 1982

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100 x 110 x 100 x 110
  • Corner Lot
  • Manual Sprinklers System

Home Design

  • Quadruplex
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 4,880 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Tile Flooring

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for application fee, credit check
  • Legal Lot and Block 1 / 1185A
  • Assessor Parcel Number 32-44-24-C4-01185.A010

Community Details

Overview

  • 4 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,478

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.387
  • Lot Size: 100 x 110 x 100 x 110
  • Co List Office Mls Id: FSAD
  • Co List Office Phone: (239) 693-7263
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1982
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 10
  • Flooring: Tile
  • Interior Amenities: High Speed Internet
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Corner Lot, Sprinklers Manual
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stone
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 32-44-24-C4-01185.A010
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7478.0
  • Tax Block: 1185A
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Nov 16, 2021
Sold by
Colina Reinaldo A
Bought by
2846 Se 16Th Pl Llc
Seller's Agent
Olinda Rivera
Starlink Realty, Inc
Buyer's Agent
Fior Estrella
Marzucco Real Estate
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Current Estimated Value
$690,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,678
Avg. Annual Appreciation
-0.35%
Original Mortgage
$406,000
Outstanding Balance
$372,029
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$318,293

Purchase Details

Listed on
Mar 11, 2019
Closed on
Jul 19, 2019
Sold by
Fannie Mae
Bought by
Colina Reinaldo A
Seller's Agent
Amy Ivey
Swept Away Realty
Buyer's Agent
Ellison Espinal
List Price
$459,900
Sold Price
$435,000
Premium/Discount to List
-$24,900
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.65%
Original Mortgage
$326,250
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2018
Sold by
Pozo Felix A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 24, 2005
Sold by
Minaya Dora
Bought by
Pagan Raul and Pagan Ivette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 1999
Sold by
Minaya Duilio E
Bought by
Pagan Ivette C and Pagan Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,442
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1999
Sold by
Minaya Guido and Minaya Susan
Bought by
Pagan Ivette C and Pagan Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,442
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1996
Sold by
Loayza Group Inc
Bought by
Minaya Duilio E and Minaya Guido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.77%
Mortgage Type
Commercial
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
2846 Se 16Th Pl Llc $700,000 Tropical Shells Title Llc
Colina Reinaldo A $435,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association $336,300 None Available
Pagan Raul -- --
Pozo Felix A $400,000 --
Pagan Ivette C $91,000 --
Pagan Ivette C $91,000 --
Minaya Duilio E $24,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2846 Se 16Th Pl Llc $406,000
Previous Owner Colina Reinaldo A $326,250
Previous Owner Pozo Felix A $360,000
Previous Owner Pagan Ivette C $181,442
Previous Owner Pagan Ivette C $181,442
Previous Owner Minaya Duilio E $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2021 11/16/21 Sold $700,000 -9.7% $143 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $775,000 +78.2% $159 / Sq Ft
07/19/2019 07/19/19 Sold $435,000 -5.4% $89 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $459,900 -- $94 / 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 $9,757 $505,665 -- --
2024 $9,478 $459,695 $140,562 $311,170
2023 $9,478 $448,483 $51,706 $396,143
2022 $9,875 $497,331 $29,494 $467,837
2021 $7,855 $352,920 $28,750 $324,170
2020 $7,478 $321,409 $25,300 $296,109
2019 $7,155 $309,276 $25,300 $283,976
2018 $6,026 $293,910 $25,300 $268,610
2017 $5,825 $296,371 $20,700 $275,671
2016 $5,296 $255,876 $20,700 $235,176
2015 $4,931 $233,398 $17,595 $215,803
2014 $4,552 $184,957 $26,795 $158,162
2013 -- $195,100 $14,000 $181,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221038610

Florida Gulf Coast Multiple Listing Service

APN: 32-44-24-C4-01185.A010