NOT LISTED FOR SALE

3605 NW 38th Terrace Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $322,000 - $393,000

3 Beds
2 Baths
1,440 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $355,000 $247 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,000/month

127 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Porch
  • Cape Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2023

NEW CONSTRUCTION. Will be completed and ready for move-in on or before February 15, 2023. Builder Incentives Available. Stunning new build located in NW Cape Coral. This 3 bedroom, 2 bath home has a split floor plan with lots of upgrades and designer touches. Impact windows throughout, White shaker style cabinets in the kitchen with a huge island, granite countertops and stainless-steel appliance package. This home features wood grain ceramic tile throughout the entire house. The split floor plan gives the master bedroom additional privacy and the master bath boasts granite vanity top, tiled shower surround and his & hers closets. Upgraded with designer lighting fixtures and ceiling fans throughout. The covered lanai, paver driveway, epoxy coated garage floor, professionally landscaped yard and auto irrigation sprinkler system complete this wonderful new build. Schedule your showing today. Exterior pictures shown do not reflect the property's actual lot. The home for sale is identical to the home represented in the pics but will be located on a different lot than what is shown in the pictures and videos. Schedule your showing today. AGENTS, PLEASE READ CONFIDENTIAL REMARKS

Last Agent to Sell the Property

Brian Jordan

The Property Shop of SWFL License #658021775 Listed on: 01/10/2023

Last Buyer's Agent

Andy Molina

Ace Realty & Associates, LLC License #258026703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $466

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • South Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 27 / 5511
  • Assessor Parcel Number 18-43-23-C4-05511.0270

Home Details

Home Type

Single Family

Est. Annual Taxes

$466

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: GPS
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: Yes
  • Building Stories: 1
  • Year Built: 2023
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Eat-in Kitchen, French Door(s)/Atrium Door(s), Kitchen Island, Living/Dining Room, None, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms
  • Living Area: 1440.0
  • Stories: 1
  • Window Features: Single Hung, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Patio, Room For Pool
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: New Construction
  • 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, Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 18-43-23-C4-05511.0270
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 465.62
  • Tax Block: 5511
  • Tax Lot: 27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 18, 2023
Sold by
Re Invest Capital Partners Llc
Bought by
Chavez Alex Puig
Seller's Agent
Brian Jordan
The Property Shop of SWFL
Buyer's Agent
Andy Molina
Ace Realty & Associates, LLC
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Views
63
Current Estimated Value
$348,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,054
Avg. Annual Appreciation
-0.38%
Original Mortgage
$348,570
Outstanding Balance
$339,619
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$12,470

Purchase Details

Closed on
Jan 31, 2022
Sold by
David Muraczewski
Bought by
Re Invest Capital Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2016
Closed on
Dec 12, 2016
Sold by
Hoiseth Jerome R and Hoiseth Cathleen L
Bought by
Muraczewski David
Seller's Agent
Cathy Hoiseth
Shore Line Realty & Associates
Buyer's Agent
Cathy Hoiseth
Shore Line Realty & Associates
List Price
$12,000
Sold Price
$6,000
Premium/Discount to List
-$6,000
-50%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.69%

Purchase Details

Closed on
May 6, 2005
Sold by
Greek Michael
Bought by
Hoiseth Jerome R and Hoiseth Cathleen L

Purchase Details

Closed on
Nov 9, 2004
Sold by
Dandrinos Dennis G and Dandrinos Mayra C
Bought by
Greek Michael

Purchase Details

Closed on
Jan 21, 2004
Sold by
Dandrinos Carmen
Bought by
Dandrinos Dennis G and Dandrinos Myra C
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
Chavez Alex Puig $3,550 Title Specialists
Re Invest Capital Partners Llc $275 Title Specialists
Muraczewski David $6,000 Fidelity National Title Of F
Hoiseth Jerome R $65,000 First Cmnty Title Svcs Inc
Greek Michael $39,900 Platinum Land Title Agency I
Dandrinos Dennis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Alex Puig $348,570
Previous Owner Re Invest Capital Partners Llc $241,500
Previous Owner Re Invest Capital Partners Llc $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $355,000 +1.5% $247 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $349,900 +5731.7% $243 / Sq Ft
12/12/2016 12/12/16 Sold $6,000 -50.0% --
11/12/2016 11/12/16 Pending -- -- --
02/26/2016 02/26/16 For Sale $12,000 -- --
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 $1,186 $277,752 $25,733 $252,019
2023 $1,186 $15,631 $15,631 $0
2022 $527 $7,260 $0 $0
2021 $466 $6,700 $6,700 $0
2020 $434 $6,000 $6,000 $0
2019 $466 $9,300 $9,300 $0
2018 $455 $9,300 $9,300 $0
2017 $410 $7,187 $7,187 $0
2016 $359 $6,300 $6,300 $0
2015 $329 $6,000 $6,000 $0
2014 $269 $5,452 $5,452 $0
2013 -- $3,900 $3,900 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brian Jordan

    The Property Shop of SWFL

    (614) 907-3104

    30 in this area

    110 Total Sales

    Brian Jordan
    Section Image
  • Andy Molina

    Buyer's Agent in 2023

    Andy Molina

    Ace Realty & Associates, LLC

    (786) 501-0861

    20 in this area

    285 Total Sales

    Andy Molina
    Section Image

  • C

    Seller's Agent in 2016

    Cathy Hoiseth

    Shore Line Realty & Associates

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223000478

Florida Gulf Coast Multiple Listing Service

APN: 18-43-23-C4-05511.0270

Florida Lee County Cape Coral 33993 Burnt Store

3605 NW 38th Terrace, Cape Coral, FL

This home is located at 3605 NW 38th Terrace, Cape Coral, FL 33993 since 10 January 2023 and is currently estimated at $348,946, approximately $242 per square foot. This property was built in 2023. 3605 NW 38th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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