NOT LISTED FOR SALE

Estimated Value: $274,289 - $453,000

3 Beds
2 Baths
1,638 Sq Ft
$221/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $246,800 $151 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,304/month

99 Days on Market

Highlights

  • Oversized Lot
  • Jalousie or louvered window
  • Central Heating
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2021

Excellent opportunity to own a cash-flowing duplex property in the Bimini Basin area of downtown Cape Coral. Updates over the past years include extensive electrical service upgrades, CPVC plumbing, newer HVAC units, tile floors throughout, updated bathroom fixtures & appliances. Long-term tenants with excellent payment history. Unit A is 1BR / 1BA and Unit B is 2BR / 2BA, both of which have enclosed lanais with washer/dryer hookups.

Last Agent to Sell the Property

Jacob Cahalan

Avarden Inc License #258015596 Listed on: 02/18/2021

Last Buyer's Agent

Peter Davis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Oversized Lot
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 33 / 92
  • Assessor Parcel Number 13-45-23-C1-00092.0330

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,274

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.33
  • Subdivision Name: CAPE CORAL
  • Directions: From Cape Coral Pkwy, turn south on Tudor Dr. Property will be on left.
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1972
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Window Features: Jalousie, Single Hung

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • 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
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 13-45-23-C1-00092.0330
  • Zoning Description: SC
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3274.0
  • Tax Block: 92
  • Tax Lot: 33
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Jun 25, 2021
Sold by
Palm Shores Llc
Bought by
Lelonek Stephen J and Lelonek Susan D
Seller's Agent
Jacob Cahalan
Avarden Inc
Buyer's Agent
Peter Davis
List Price
$235,000
Sold Price
$246,800
Premium/Discount to List
$11,800
5.02%
Current Estimated Value
$361,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,522
Avg. Annual Appreciation
9.18%
Original Mortgage
$185,100
Outstanding Balance
$167,585
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$193,737

Purchase Details

Closed on
Oct 6, 2015
Sold by
Everglades Properties Llc
Bought by
Palm Shores Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 2011
Sold by
The Bank Of New York Mellon
Bought by
Everglade Properties Llc

Purchase Details

Closed on
Nov 24, 2010
Sold by
Nieves Nelson and Nieves Rafaela
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Sep 19, 2005
Sold by
Rouleau Joseph and Rouleau Marcia
Bought by
Nieves Nelson and Nieves Rafaela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,915
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 1998
Sold by
Kelsey David F
Bought by
Rouleau Joseph and Rouleau Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
7.06%
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
Lelonek Stephen J $246,800 Fidelity Natl Ttl Of Fl Inc
Palm Shores Llc -- Attorney
Everglade Properties Llc $62,000 Florida Premier Title Escrow
The Bank Of New York Mellon $238,000 None Available
Nieves Nelson $279,900 Team Title Insurance Inc
Rouleau Joseph $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lelonek Stephen J $185,100
Previous Owner Palm Shores Llc $300,000
Previous Owner Nieves Nelson $237,915
Previous Owner Rouleau Joseph $62,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2021 06/28/21 Sold $246,800 +5.0% $151 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $235,000 -- $143 / 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 $4,907 $248,113 -- --
2024 $2,583 $225,557 $104,855 $117,696
2023 $2,583 $82,739 $82,729 $10
2022 $5,145 $257,076 $46,000 $211,076
2021 $3,537 $180,980 $46,000 $134,980
2020 $3,274 $151,000 $34,500 $116,500
2019 $3,101 $151,013 $34,500 $116,513
2018 $2,860 $126,778 $34,500 $92,278
2017 $2,682 $116,281 $28,750 $87,531
2016 $2,473 $105,275 $28,750 $76,525
2015 $2,224 $85,702 $18,860 $66,842
2014 -- $69,097 $15,755 $53,342
2013 -- $67,301 $14,400 $52,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221012967

Florida Gulf Coast Multiple Listing Service

APN: 13-45-23-C1-00092.0330