NOT LISTED FOR SALE

Estimated Value: $239,000 - $345,000

3 Beds
2 Baths
1,577 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $250,000 $159 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,913/month

19 Days on Market

Highlights

  • Maid or Guest Quarters
  • Great Room
  • Screened Porch
  • Cape Elementary School Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of June 2024

Welcome to 320 NE 7th St., located near the Pine Island Corridor. This is an exceptional investment opportunity in a desirable neighborhood, complete with water, sewer, and irrigation systems already installed. Priced for a quick cash sale, this property is a chance to transform a diamond in the rough into a shining gem. With such a low price, it appears all negotiations are already done. You can step right in and start the transformation process. The home needs a new roof, fresh paint, and new carpet in the bedrooms, offering a blank canvas for your creative vision. Whether you're a seasoned investor looking to expand your portfolio or a savvy buyer ready to create your dream home, this property offers tremendous potential. Don’t miss out on this unique opportunity to invest in a home with great bones and endless possibilities.

Last Agent to Sell the Property

Joe Sabella

Sabella Realty Inc License #258006025 Listed on: 06/04/2024

Last Buyer's Agent

Naivi Velazco

Innova Real Estate Corp License #258029960

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,577 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Screened Patio

Schools

  • Public / Private / Charter Elementary And Middle School
  • Public / Private / Charter High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 2408
  • Assessor Parcel Number 12-44-23-C1-02408.0090

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: From Pine Island RD head North on Andalusia Blvd then left on Tropicana Pkwy then Left on NE 5th Ave then right on NE 7th ST. Home is on the left marked with a sign.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2005
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Breakfast Area, Entrance Foyer, Living/Dining Room, Main Level Primary, Pantry, Split Bedrooms, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1577.0
  • Dining Room Type: Bathroom, Guest Quarters, Screened Porch, Great Room
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Foreign Seller, Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: None, Shutters Manual
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid
  • Utilities: Cable Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: PUBLIC / PRIVATE / CHARTER
  • High School: PUBLIC / PRIVATE / CHARTER
  • Middle Or Junior School: PUBLIC / PRIVATE / CHARTER

Lot Info

  • Parcel #: 12-44-23-C1-02408.0090
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6309.04
  • Tax Block: 2408
  • Tax Lot: 9
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jun 24, 2024
Sold by
Newman Martin John
Bought by
Garcia Raul Alexander Bl and Estrada Glenis Galvez
Seller's Agent
Joe Sabella
Sabella Realty Inc
Buyer's Agent
Naivi Velazco
Innova Real Estate Corp
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
15
Current Estimated Value
$283,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,247
Avg. Annual Appreciation
9.77%

Purchase Details

Listed on
Mar 22, 2019
Closed on
Sep 9, 2019
Sold by
Asra Properties Llc
Bought by
Newman Martin John
Seller's Agent
Julianne Hook
DomainRealty.com LLC
Buyer's Agent
Julianne Hook
DomainRealty.com LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$115,500
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 28, 2006
Sold by
Rajendran Saravanakumar and Patra Abhijit
Bought by
Asra Properties Llc

Purchase Details

Closed on
Nov 9, 2005
Sold by
Rodriguez Julio A
Bought by
Rajendran Saravanakumar and Patra Abhijit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,600
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 2005
Sold by
First Choice Homes Of Sw Florida Inc
Bought by
Rodriguez Julio A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,400
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 11, 2004
Sold by
Da Investments Inc
Bought by
First Choice Homes Of Sw Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2004
Sold by
Villegas Andres and Villegas Paula
Bought by
D A Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2000
Sold by
Fl Econoland Specialist Inc
Bought by
Villegas Andres and Villegas Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850
Interest Rate
7.12%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Handschuh William H
Bought by
Fl Econoland Specialist Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,850
Interest Rate
7.12%
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
Garcia Raul Alexander Bl $250,000 Title Works
Newman Martin John $165,000 Title Professionals Of Fl
Asra Properties Llc -- Attorney
Rajendran Saravanakumar $278,300 None Available
Rodriguez Julio A $217,900 --
First Choice Homes Of Sw Florida Inc $90,000 First Cmnty Title Svcs Inc
D A Investments Inc $35,000 First Cmnty Title Svcs Inc
Villegas Andres $5,500 --
Fl Econoland Specialist Inc $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newman Martin John $115,500
Previous Owner Rajendran Saravanakumar $222,600
Previous Owner Rodriguez Julio A $163,400
Previous Owner D A Investments Inc $35,000
Previous Owner Villegas Andres $3,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $250,000 -9.1% $159 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $275,000 0.0% $174 / Sq Ft
11/15/2019 11/15/19 Rented -- -- --
10/16/2019 10/16/19 Under Contract -- -- --
10/14/2019 10/14/19 For Rent $1,350 0.0% --
09/09/2019 09/09/19 Sold $165,000 -2.4% $105 / Sq Ft View Prior Sale
07/21/2019 07/21/19 Pending -- -- --
07/03/2019 07/03/19 Price Changed $169,000 -3.4% $107 / Sq Ft
03/22/2019 03/22/19 For Sale $175,000 -- $111 / 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 $5,175 $234,658 $58,948 $175,710
2024 $5,175 $205,968 -- --
2023 $6,309 $187,244 $0 $0
2022 $5,932 $170,222 $0 $0
2021 $5,498 $154,747 $11,000 $143,747
2020 $5,647 $144,555 $7,800 $136,755
2019 $5,498 $139,705 $13,000 $126,705
2018 $5,405 $141,320 $11,000 $130,320
2017 $2,795 $135,656 $7,000 $128,656
2016 $2,551 $119,206 $7,000 $112,206
2015 $2,354 $104,407 $6,500 $97,907
2014 -- $98,895 $5,640 $93,255
2013 -- $85,510 $4,200 $81,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224048572

Florida Gulf Coast Multiple Listing Service

APN: 12-44-23-C1-02408.0090