NOT LISTED FOR SALE

Estimated Value: $724,454 - $884,000

4 Beds
3 Baths
2,126 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $825,000 $388 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,123/month

138 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • Florida Architecture
  • Cape Elementary School Rated A-
  • Home fronts a canal
  • Furnished

About This Home

As of December 2022

Every Boater's Dream . . . Direct, Gulf Access, Pool Home just minutes to the river located in the popular Palaco Grande neighborhood. This home has been used as a vacation rental and is being sold turnkey. Featuring 4br/3ba, split floor plan, and over 2100 sf of living area, you'll have plenty of room for the family. The kitchen and baths have been updated. There is a built in wet bar off the living room making it perfect for entertaining. The kitchen has plenty of counter space a breakfast bar, a domed ceiling with recessed lighting, and a pass though window to the lanai, and there is crown molding throughout most the home. The master bedroom has sliders to the lanai, and two of the guest bedrooms share a jack and jill bathroom with a tub and shower combo, while the third guest bedroom has sliders to the lanai and the third bathroom has a shower with a door to the pool serving as a pool bath. Located off Del Prado Blvd, this property is within close proximity to restaurants, shopping and about midway between Cape Coral Pkwy and Veterans Memorial Pkwy.

Last Agent to Sell the Property

Michael Kase

SWFL Choice Realty License #514000825 Listed on: 07/15/2022

SWFL Choice Realty

Co-Listed By

Donna Kase

SWFL Choice Realty License #258028330

Last Buyer's Agent

Kathleen Burmeister

Coldwell Banker Realty License #249514469

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,026

Year Built

  • Built in 1974

Lot Details

  • 10,367 Sq Ft Lot
  • Lot Dimensions are 125 x 94 x 80 x 99
  • Home fronts a canal
  • East Facing Home
  • Oversized Lot
  • Irregular Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Florida Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,126 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Jalousie or louvered window
  • Tile Flooring
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Courtyard

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 23 / 578
  • Assessor Parcel Number 05-45-24-C1-00578.0230

Community Details

Overview

  • No Home Owners Association
  • Palaco Grande Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,026

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.238
  • Lot Size: 125 x 94 x 80 x 99
  • Co List Office Mls Id: PO13242
  • Co List Office Phone: 239-790-1177
  • Ownership: Single Family
  • Subdivision Name: PALACO GRANDE
  • Architectural Style: Florida, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Eat-in Kitchen, Shower Only, Separate Shower, Cable TV, Split Bedrooms
  • Living Area: 2126.0
  • Stories: 1
  • Window Features: Jalousie
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Canal
  • Waterfront Features: Intersecting Canal
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Courtyard, Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-24-C1-00578.0230
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 7026.21
  • Tax Block: 578
  • Tax Lot: 23
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Nov 29, 2022
Sold by
Spevak Arkady and Spevak Regina
Bought by
Hemerda Scott and Hemerda Jodie
Seller's Agent
Michael Kase
SWFL Choice Realty
Buyer's Agent
Kathleen Burmeister
Coldwell Banker Realty
List Price
$940,000
Sold Price
$825,000
Premium/Discount to List
-$115,000
-12.23%
Views
2
Current Estimated Value
$782,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,636
Avg. Annual Appreciation
-1.88%
Original Mortgage
$660,000
Outstanding Balance
$640,852
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$141,512

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 7, 2020
Sold by
Larson Bruce Wendell and Larson Susan J
Bought by
Spevak Arkasy and Spevak Regina
Seller's Agent
Michael Kase
SWFL Choice Realty
Buyer's Agent
Michael Kase
SWFL Choice Realty
List Price
$550,000
Sold Price
$542,000
Premium/Discount to List
-$8,000
-1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$433,600
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jul 15, 2016
Sold by
Mcmaster Daniel F
Bought by
Larson Bruce Wendell and Larson Susan J
Seller's Agent
Rhi Gard
Realty One Group MVP
Buyer's Agent
Michael Kase
SWFL Choice Realty
List Price
$429,000
Sold Price
$358,000
Premium/Discount to List
-$71,000
-16.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.32%

Purchase Details

Closed on
Oct 27, 2009
Sold by
Leary Dennis M and Leary Grace M
Bought by
Mcmaster Daniel F

Purchase Details

Closed on
Apr 11, 2006
Sold by
Brannon William C and Brannon Jill C
Bought by
Leary Dennis M and Leary Grace M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,120
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2004
Sold by
Elliott James B and Elliott Judith A
Bought by
Brannon William C and Brannon Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
6.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 1, 2001
Sold by
Lunsford Wayne T and Lunsford Julie H
Bought by
Morgan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
7.12%
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
Hemerda Scott $825,000 Fidelity National Title
Spevak Arkasy $542,000 Cape Coral Ttl Ins Agcy Inc
Larson Bruce Wendell $358,000 Realty Title Solutions Lllp
Mcmaster Daniel F $297,500 Security Title & Trust Inc
Leary Dennis M $618,900 Golden Coast Title Svcs Llc
Brannon William C -- Golden Coast Title Services
Brannon William C $485,000 Golden Coast Title Services
Morgan Robert $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hemerda Scott $660,000
Previous Owner Spevak Arkady $385,000
Previous Owner Spevak Arkasy $433,600
Previous Owner Leary Dennis M $495,120
Previous Owner Brannon William C $387,000
Previous Owner Lunsford Wayne T $280,000
Previous Owner Morgan Robert $213,750
Previous Owner Lunsford Wayne T $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $825,000 -12.2% $388 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $940,000 +73.4% $442 / Sq Ft
02/07/2020 02/07/20 Sold $542,000 -1.5% $255 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $550,000 +53.6% $259 / Sq Ft
07/15/2016 07/15/16 Sold $358,000 -16.6% $168 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $429,000 -- $202 / 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 $11,451 $649,434 $290,457 $256,370
2023 $11,451 $673,344 $232,078 $351,778
2022 $8,122 $409,130 $0 $0
2021 $7,026 $371,936 $179,988 $191,948
2020 $6,318 $318,157 $146,000 $172,157
2019 $6,091 $307,669 $175,000 $132,669
2018 $5,906 $290,714 $142,000 $148,714
2017 $6,313 $307,667 $165,000 $142,667
2016 $5,399 $256,913 $177,110 $79,803
2015 $5,483 $255,406 $176,967 $78,439
2014 -- $280,897 $158,316 $122,581
2013 -- $246,805 $156,291 $90,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222053816

Florida Gulf Coast Multiple Listing Service

APN: 05-45-24-C1-00578.0230