NOT LISTED FOR SALE

Estimated Value: $653,000 - $714,000

3 Beds
2 Baths
2,012 Sq Ft
$338/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $504,325 $251 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,613/month

6 Days on Market

Highlights

  • Dock Available
  • Boating
  • Home fronts a canal
  • Cape Elementary School Rated A-
  • Screened Pool
  • Screened Porch

About This Home

As of March 2021

Amazing location in Palaco Grande - direct Gulf access, just minutes to the river. The spacious three-bedroom, two-bathroom pool home offers a split floor plan and over 2,000 square feet of living space. While it needs few updates, the house offers some great features like walk-in closets in every bedroom, laminate and tile floors throughout, a very spacious lanai and a nice size pool facing the canal. Royal king palms around the driveway and location that is hard to find minutes to some of the great shopping and dining in Cape Coral and a short boat ride to the Gulf. AC was replaced in 2019 and the roof was replaced in 2012.

Last Agent to Sell the Property

Vanya Demireva

Premier Sotheby's Int'l Realty License #NAPLES-252012714 Listed on: 01/15/2021

Premier Sotheby's Int'l Realty

Co-Listed By

Dimo Demirev

Premier Sotheby's Int'l Realty License #BEAR-3282456

Last Buyer's Agent

Chris Jancich

LPT Realty, LLC License #FORT-413577885

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 1987

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts a canal
  • East Facing Home
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Family or Dining Combination
  • Screened Porch
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Washer

Pool

  • Screened Pool
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • No Fixed Bridges
  • Dock Available

Utilities

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

Community Details

  • Boating
  • Gulf Boat Access

Listing and Financial Details

  • Assessor Parcel Number 05-45-24-C1-00579.0380
  • Tax Block 579

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,042

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Legal Description: CAPE CORAL UNIT 12 BLK 579 PB 13 PG 52 LOTS 38 + 39
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.586901$-81.934449$41.30$13.33$1.00$FZsUshfVl_bNclInigLbRQ
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters - Manual
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 250.66
  • Total Floors: 1
  • Additional Rooms: Family Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2012
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Family Dining
  • Equipment: Auto Garage Door, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Pantry, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: Canal Width 31-80
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Included
  • Irrigation: Assessment Paid
  • Road: Public Road
  • View: Canal, Water
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Screened
  • Waterfront Type: Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 239-000-0000
  • Mandatory HOA: No
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: PALACO GRANDE

Association/Amenities

  • Pets: No Approval Needed
  • Development: Palaco Grande
  • Community Type: Boating

Lot Info

  • Builder Product: No
  • Lot Unit: 38
  • Section: 5
  • Total Area: 3913
  • Waterfront: Yes
  • Zoning Code: R1-W
  • Acres: 0.2300
  • Rear Exposure: East
  • Lot Description: Regular
  • Parcel Number: 05-45-24-C1-00579.0380

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 6042.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 3, 2021
Sold by
Todorova Olga V
Bought by
White Grant D and White Caryn L
Seller's Agent
Vanya Demireva
Premier Sotheby's Int'l Realty
Buyer's Agent
Chris Jancich
LPT Realty, LLC
List Price
$450,000
Sold Price
$504,325
Premium/Discount to List
$54,325
12.07%
Current Estimated Value
$691,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,453
Avg. Annual Appreciation
7.75%
Original Mortgage
$403,460
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2017
Sold by
Befra Tec Inc
Bought by
Todorova Olga Y

Purchase Details

Closed on
Jun 30, 2005
Sold by
Fricke Ruedider and Fricke Iris
Bought by
Befra Tec Inc

Purchase Details

Closed on
Jun 11, 2004
Sold by
Reilly Michael and Reilly Rachel I
Bought by
Fricke Ruedider

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 18, 1997
Sold by
Reilly Rachel I and Gilmore Rachel I
Bought by
Reilly Michael and Reilly Rachel I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.7%
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
White Grant D $504,400 Mls Title Llc
Todorova Olga Y $325,000 Sun Natl Title Co
Befra Tec Inc $540,000 Guardian Title Services Corp
Fricke Ruedider $415,000 Realty Title Professionals L
Reilly Michael $54,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Grant D $148,745
Open White Grant D $601,600
Closed White Grant D $403,460
Previous Owner Fricke Ruedider $290,500
Previous Owner Reilly Rachel I $260,000
Previous Owner Reilly Michael $260,000
Previous Owner Reilly Rachel I $85,500
Previous Owner Reilly Rachel I $25,000
Previous Owner Reilly Michael $108,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $504,325 +12.1% $251 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $450,000 0.0% $224 / Sq Ft
10/15/2019 10/15/19 Rented -- -- --
09/15/2019 09/15/19 Under Contract -- -- --
07/31/2019 07/31/19 For Rent -- -- --
03/01/2018 03/01/18 Rented -- -- --
01/30/2018 01/30/18 Under Contract -- -- --
12/08/2017 12/08/17 For Rent -- -- --
Source: Naples Area Board of REALTORS®

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 $9,912 $602,946 $281,997 $240,975
2023 $9,912 $616,383 $0 $0
2022 $9,491 $598,437 $198,804 $399,633
2021 $6,729 $365,463 $160,157 $205,306
2020 $6,294 $316,524 $146,000 $170,524
2019 $6,319 $319,781 $175,000 $144,781
2018 $6,185 $305,241 $142,000 $163,241
2017 $6,331 $317,348 $165,000 $152,348
2016 $5,742 $273,989 $168,756 $105,233
2015 $5,899 $275,700 $168,774 $106,926
2014 $6,089 $286,899 $145,139 $141,760
2013 -- $255,009 $144,851 $110,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221004230

Naples Area Board of REALTORS®

APN: 05-45-24-C1-00579.0380