Seller's Agent in 2021
Henry Albrecht
Gulf Gateway Realty, Inc.
(239) 443-2530
23 in this area
103 Total Sales
3500 Burnt Store Rd N Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated Value: $4,612,555
157.25
Acres
$29,333
Price per Acre
6,849,810
Sq Ft Lot
Highlights
- Lake Front
- 157.25 Acre Lot
- Cul-De-Sac
- Cape Elementary School Rated A-
- Oversized Lot
- Brush Vegetation
About This Lot
As of May 2021This amazing 157 +/- Acre property surrounds a 72 acre freshwater Lake and is ready to develop now!
This future gated, deed-restricted, waterfront community site offers connection to central utilities along Burnt Store Road! A concept of a residential gated community that has been designed for 115 estate sized lake lots is attached. Imagine Half Acre Lots with huge lake views in a private subdivision of equally impressive homes in close proximity to quick Gulf-access via neighboring Burnt Store Marina!
The future growth in NW Cape Coral is now and this is a flagship property to lead the way.
Last Agent to Sell the Property
Gulf Gateway Realty, Inc. License #252000089 Listed on: 01/31/2020
Last Buyer's Agent
Henry Albrecht
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,736
Lot Details
- 157.25 Acre Lot
- Lot Dimensions are 1305 x 5191 x 1335 x 5178
- Lake Front
- Property fronts a private road
- Dirt Road
- Cul-De-Sac
- Street terminates at a dead end
- East Facing Home
- Brush Vegetation
- Oversized Lot
- Property is zoned AG-2
Additional Features
- Lake Views
- Cable TV Available
Community Details
- Acreage Subdivision
Listing and Financial Details
- Tax Block 2
- Assessor Parcel Number 19-43-23-C1-00002.0000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2020
Closed on
May 6, 2021
Sold by
Island Excavating Co
Bought by
Burnt Store 316 Llc
Seller's Agent
Henry Albrecht
Gulf Gateway Realty, Inc.
Buyer's Agent
Henry Albrecht
List Price
$3,900,000
Sold Price
$3,500,000
Premium/Discount to List
-$400,000
-10.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,112,555
Avg. Annual Appreciation
6.35%
Purchase Details
Closed on
Jan 12, 2004
Sold by
Swiss Barbara
Bought by
Island Excavating Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Burnt Store 316 Llc | $3,500,000 | Attorney Only | |
| Island Excavating Co | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Island Excavating Co | $715,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2021 05/07/21 | Sold | $3,500,000 | -10.3% | -- |
| 04/07/2021 04/07/21 | Pending | -- | -- | -- |
| 01/31/2020 01/31/20 | For Sale | $3,900,000 | -- | -- |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $44,041 | $1,583,385 | $1,583,385 | -- |
| 2024 | $44,937 | $2,830,500 | $2,830,500 | -- |
| 2023 | $44,937 | $2,830,500 | $2,830,500 | $0 |
| 2022 | $44,890 | $1,572,500 | $1,572,500 | $0 |
| 2021 | $13,500 | $1,572,500 | $1,572,500 | $0 |
| 2020 | $6,012 | $324,050 | $324,050 | $0 |
| 2019 | $5,853 | $324,050 | $324,050 | $0 |
| 2018 | $6,140 | $324,050 | $324,050 | $0 |
| 2017 | $6,007 | $310,150 | $310,150 | $0 |
| 2016 | $6,093 | $310,150 | $310,150 | $0 |
| 2015 | $5,989 | $296,250 | $296,250 | $0 |
| 2014 | $6,129 | $296,250 | $296,250 | $0 |
| 2013 | -- | $594,010 | $594,010 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Henry Albrecht
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 220006680
APN: 19-43-23-C1-00002.0000
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