NOT LISTED FOR SALE

3507 SE 22nd Place Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $2,656,000 - $4,525,000

0.66 Acre
$5,537,535 Price per Acre
28,562 Sq Ft Lot

Last Sold February 27, 2020

Last sale price $706,173

Est. 414% increase in value since last sale

Current estimated payment $23,351/month

381 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • 0.66 Acre Lot
  • Cape Elementary School Rated A-
  • River View
  • Oversized Lot

About This Lot

As of February 2020

JUST IN CASE SELLER IS ACCEPTING BACK UP OFFERS........REDUCED AND PRICED TO SELL!! HUGE OVERSIZED riverfront lot slightly under 3/4 of an acre (240 ft X 120 ft) in the prestigious Palaco Grande Neighborhood with expansive panoramic views of the Caloosahatchee River. THIS IS THE BEST PRICED RIVERFRONT LOT at under $26 a square foot. THIS IS AN AWESOME LOT! If you want privacy, million dollar views and nothing blocking your water views for miles, this is the lot for you! Beautiful homes along this stretch of riverfront! This lot has a newer seawall cap (2009) plus tons of rip rap securing the seawall. There was a house removed from this location so impact fees for new construction should be waived at this building site.

Last Agent to Sell the Property

John Ellwood Jr

Miloff Aubuchon Realty Group License #252011639 Listed on: 01/11/2019

Miloff Aubuchon Realty Group

Last Buyer's Agent

Patty McGuire

Miloff Aubuchon Realty Group License #258009618

Miloff Aubuchon Realty Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,967

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 120 x 238 x 120 x 242
  • Home fronts a seawall
  • River Front
  • West Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • River Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / 586
  • Assessor Parcel Number 05-45-24-C2-00586.0140

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$10,967

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.6557
  • Lot Size: 120 x 238 x 120 x 242
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Del Prado Blvd to East on Palaco Grande pkwy to the end and make a right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • View: River
  • View: Yes
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-24-C2-00586.0140
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10967.0
  • Tax Block: 586
  • Tax Lot: 14
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Snow William E and Snow Lisa J
Bought by
Snow William E and Snow Lisa J
Current Estimated Value
$3,630,962

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 27, 2020
Sold by
Dibenedetto Joseph and Dibenedetto Cindy
Bought by
Snow William E and Snow Lisa J
Seller's Agent
John Ellwood Jr
Miloff Aubuchon Realty Group
Buyer's Agent
Patty McGuire
Miloff Aubuchon Realty Group
List Price
$879,000
Sold Price
$706,173
Premium/Discount to List
-$172,827
-19.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.17%

Purchase Details

Closed on
Nov 28, 2008
Sold by
Covington Jon S
Bought by
Dibenedetto Joseph and Dibenedetto Cindy

Purchase Details

Closed on
May 13, 2005
Sold by
Minger Steven J
Bought by
Covington Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Interest Rate
5.51%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 18, 2004
Sold by
Ferris Associates Inc
Bought by
Minger Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 1999
Sold by
Chiachiera Elizabeth and Chiachiera Adolph J
Bought by
Ferris Assoc Inc
Source: Public Records

Range of Values:

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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
Snow William E -- None Listed On Document
Snow William E $706,173 Omnione Title Services
Dibenedetto Joseph $700,000 Allegiance Title Of Floridas
Covington Jon $625,000 Southern Trust Land Title In
Ferris Assoc Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Snow William E $494,200
Previous Owner Covington Jon $562,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $706,173 -19.7% --
01/28/2020 01/28/20 Pending -- -- --
01/11/2019 01/11/19 For Sale $879,000 -- --
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 $42,799 $2,772,448 -- --
2023 $42,799 $2,691,697 $0 $0
2022 $10,599 $600,875 $0 $0
2021 $9,964 $546,250 $546,250 $0
2020 $11,337 $586,500 $586,500 $0
2019 $11,404 $621,805 $621,805 $0
2018 $10,457 $529,000 $529,000 $0
2017 $10,967 $555,560 $555,560 $0
2016 $10,193 $517,500 $517,500 $0
2015 $9,368 $448,500 $448,500 $0
2014 -- $438,000 $438,000 $0
2013 -- $426,700 $426,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    John Ellwood Jr

    Miloff Aubuchon Realty Group

    (239) 229-9904

    16 in this area

    59 Total Sales

    John Ellwood Jr
    Section Image
  • Patty McGuire

    Buyer's Agent in 2020

    Patty McGuire

    Miloff Aubuchon Realty Group

    (239) 549-6358

    8 in this area

    36 Total Sales

    Patty McGuire
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219003018

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C2-00586.0140

Florida Lee County Cape Coral 33904 Caloosahatchee

3507 SE 22nd Place, Cape Coral, FL

This home is located at 3507 SE 22nd Place, Cape Coral, FL 33904 since 11 January 2019 and is currently estimated at $3,630,962. 3507 SE 22nd Place is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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