NOT LISTED FOR SALE

3220 NW 16th Terrace Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $228,000 - $484,000

0.23 Acre
$1,560,413 Price per Acre
10,019 Sq Ft Lot

Last Sold December 29, 2020

Last sale price $15,500

Est. 2,215% increase in value since last sale

Current estimated payment $2,303/month

250 Days on Market

About This Lot

As of December 2020

Just Reduced!! Great commercial building lot in fast growing and popular NW Cape Coral! This lot is close to all of the great shopping and restaurants in Matlacha, Burnt Store Road boat ramp, the new Seven Islands development and Coral Oaks Golf Course! Easy access to Punta Gorda, Pine Island corridor and Ft. Myers too!

Last Agent to Sell the Property

Geary Quinn

Realty One Group MVP License #382000392 Listed on: 03/23/2020

Last Buyer's Agent

Jay Garick

Property Details

Property Type

  • Land

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 RD-D

Utilities

  • Water Not Available
  • Sewer Not Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 4276
  • Assessor Parcel Number 31-43-23-C3-04276.0060

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: From Gulfstream Pkwy. turn North onto NW 32nd Court to right onto NW 16th Terrace to property on your right.
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Rectangular Lot, See Remarks
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s), See Remarks
  • Direction Faces: North

Utilities

  • Cooling: See Remarks
  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated, See Remarks
  • Amenities: See Remarks

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Parcel #: 31-43-23-C3-04276.0060
  • Zoning Description: RD-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 480.0
  • Tax Block: 4276
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2023
Sold by
Maronda Homes Inc
Bought by
Niewola Gregory Theodore and Niewola Jennifer Marie
Current Estimated Value
$358,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,076
Outstanding Balance
$251,097
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
$107,798

Purchase Details

Listed on
Mar 23, 2020
Closed on
Dec 23, 2020
Sold by
Carnes Jean T
Bought by
Maronda Homes Llc
Seller's Agent
Geary Quinn
Realty One Group MVP
Buyer's Agent
Jay Garick
List Price
$17,900
Sold Price
$15,500
Premium/Discount to List
-$2,400
-13.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.66%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Niewola Gregory Theodore $260,800 Steel City Title
Maronda Homes Llc $15,500 Steel City Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niewola Gregory Theodore $256,076
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2020 12/29/20 Sold $15,500 -13.4% --
11/29/2020 11/29/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $17,900 -- --
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
2025 $4,982 $212,289 $44,413 $167,876
2024 $4,982 $301,024 $40,014 $261,010
2023 $769 $14,520 $0 $0
2022 $589 $13,200 $0 $0
2021 $559 $12,000 $12,000 $0
2020 $498 $10,600 $10,600 $0
2019 $480 $12,500 $12,500 $0
2018 $470 $12,500 $12,500 $0
2017 $439 $12,274 $12,274 $0
2016 $397 $10,000 $10,000 $0
2015 $369 $10,000 $10,000 $0
2014 -- $8,836 $8,836 $0
2013 -- $4,900 $4,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Geary Quinn

    Seller's Agent in 2020

    Geary Quinn

    Realty One Group MVP

    (239) 560-0793

    29 in this area

    74 Total Sales

    Geary Quinn
    Section Image

  • J

    Buyer's Agent in 2020

    Jay Garick

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220021615

Florida Gulf Coast Multiple Listing Service

APN: 31-43-23-C3-04276.0060

Florida Lee County Cape Coral 33993 Burnt Store

3220 NW 16th Terrace, Cape Coral, FL

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