NOT LISTED FOR SALE

Estimated Value: $485,109 - $583,000

2 Beds
2 Baths
1,332 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $505,000 $379 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,720/month

68 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Canal Access
  • Cape Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of May 2024

Look no farther!! This cozy 2 bedroom/ 2bathroom DIRECT GULF ACCESS home is located in the sought out community of Palaco Grande. Located in the SE quadrant of Cape Coral, Florida between the Cape Coral Parkway bridge and Mid point bridge with easy access to Fort Myers and 75. The layout along with the updates really make you feel at home when entering. Walking in the front door you get that great view of the POOL and Canal which is the Florida dream. The Bedrooms are spacious and master closet has a walk in and even has a fan! Laundry room in inside the home. Tile floors and Laminate floors throughout. NO CARPET! If you are looking to make this your forever home or an investment property the seller is willing to entertain selling the home turnkey. Outside is great for entertaining as well! There is a covered area which has plenty of room for a table and chairs and space around the pool for lounge chairs. Great for soaking up that Florida sun!! If you’re a boater this is a great location with easy access to the Caloosahatchee River. Cape Coral is known to have over 400 miles of canals that’s more than Venice, Italy. Don’t miss out on this wonderful Property. The community is really starting to rebuild and lots of great companies coming to the area. Make an offer today! ANNUAL RENTAL AVAILABLE FOR $3,000 A MONTH.

NO HOA.Brings in great income during season.ASSESSMENTS PAID. HEATED POOL. DIRECT GULF ACCESS!
Schedule your showing today!

Last Agent to Sell the Property

Victoria Cheung

Coldwell Banker Realty License #258028442 Listed on: 03/07/2024

Coldwell Banker Realty

Last Buyer's Agent

Victoria Cheung

Coldwell Banker Realty License #258028442 Listed on: 03/07/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,133

Year Built

  • Built in 1975

Lot Details

  • 10,019 Sq Ft Lot
  • Waterfront
  • West Facing Home
  • Fenced
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Canal Views
  • Washer

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Canal Access
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 39 / 578
  • Assessor Parcel Number 05-45-24-C1-00578.0390

Community Details

Overview

  • No Home Owners Association
  • Association fees include cable TV, insurance, internet, ground maintenance, pest control
  • Palaco Grande Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,133

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: PALACO GRANDE
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1975
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Interior Amenities: Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV
  • Living Area: 1332.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Other
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Fence, None, Outdoor Grill
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Burglar Alarm (Monitored), Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: See Remarks
  • Association: No
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control

Lot Info

  • Parcel #: 05-45-24-C1-00578.0390
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8133.16
  • Tax Block: 578
  • Tax Lot: 39
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 16, 2024
Sold by
Lve Realty Llc
Bought by
Peterson John W and Peterson Sheila M
Seller's Agent
Victoria Cheung
Coldwell Banker Realty
Buyer's Agent
Victoria Cheung
Coldwell Banker Realty
List Price
$549,999
Sold Price
$505,000
Premium/Discount to List
-$44,999
-8.18%
Views
81
Current Estimated Value
$550,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,540
Avg. Annual Appreciation
7.72%

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 21, 2021
Sold by
Tuer Michele V
Bought by
Lve Realty Llc
Seller's Agent
Dana Dana
Sellstate Priority Realty
Buyer's Agent
Victoria Cheung
Coldwell Banker Realty
List Price
$429,000
Sold Price
$473,000
Premium/Discount to List
$44,000
10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Jul 23, 2014
Sold by
South Cape Ii Llc
Bought by
Tuer Michele V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2007
Sold by
South Cape Llc
Bought by
South Cape Ii Llc

Purchase Details

Closed on
Jul 26, 2004
Sold by
Gaastra Ronald W and Gaastra Christine M
Bought by
Low John Rudolph

Purchase Details

Closed on
Jul 15, 2002
Sold by
Rose Holly J
Bought by
Gaastra Ronald W and Gaastra Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.67%

Purchase Details

Closed on
Jul 6, 2001
Sold by
Tokanel Paul K and Tokanel Stella
Bought by
Rose Holly J

Purchase Details

Closed on
May 28, 1999
Sold by
Clifford A Lee and Clifford Ellen W
Bought by
Tokanel Paul K and Tokanel Stella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%
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
Peterson John W $505,000 Fidelity National Title Of Flo
Lve Realty Llc $470,000 Landsel Title Agency Inc
Tuer Michele V $250,000 Townsend Title Insurance Age
South Cape Ii Llc -- Attorney
South Cape Llc -- Attorney
Low John Rudolph $293,000 Fidelity National Title Insu
Gaastra Ronald W $237,500 --
Rose Holly J -- --
Tokanel Paul K $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tuer Michele $205,000
Previous Owner Tuer Michele V $200,000
Previous Owner Gaastra Ronald W $90,000
Previous Owner Tokanel Paul K $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $505,000 -4.7% $379 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $530,000 -3.6% $398 / Sq Ft
03/07/2024 03/07/24 For Sale $549,999 +16.3% $413 / Sq Ft
04/21/2021 04/21/21 Sold $473,000 +10.3% $355 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $429,000 -- $322 / 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
2024 $8,461 $489,167 $281,997 $160,275
2023 $8,133 $458,194 $0 $0
2022 $7,226 $416,530 $157,553 $258,977
2021 $3,246 $261,318 $156,868 $104,450
2020 $3,291 $192,902 $0 $0
2019 $3,189 $188,565 $0 $0
2018 $3,175 $185,049 $0 $0
2017 $3,135 $181,243 $0 $0
2016 $3,082 $177,515 $165,458 $12,057
2015 $3,157 $178,903 $165,505 $13,398
2014 -- $205,102 $143,756 $61,346
2013 -- $184,597 $140,511 $44,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224022292

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C1-00578.0390