NOT LISTED FOR SALE

Estimated Value: $395,000 - $414,000

4 Beds
4 Baths
2,200 Sq Ft
$182/Sq Ft Est. Value

Last Sold August 05, 2024

Last sale price $420,000 $191 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,593/month

41 Days on Market

Highlights

  • Jalousie or louvered window
  • Tile Flooring
  • Ceiling Fan
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of August 2024

This DUPLEX is centrally located in one of the most desired parts of Cape Coral. Close to the entertainment district as well as all your everyday needs. Far enough away for you to enjoy peace and quiet in the evening. Each side offers 2 bedrooms and 2 bathrooms. 1100 square feet per side will make you feel like your in a much larger place. Roof 2022- Flat roof 2024, Electrical panels replaced in 2022, both ac units replaced in 2022 Both front and back lanai screens replaced in 2024. Fresh exterior paint 6/2024. Multifamily properties in this area don't pop up for sale very often. Don't miss your opportunity on this one, schedule your private showing today

Last Agent to Sell the Property

Tim Greig

Realty One Group MVP License #258021121 Listed on: 06/21/2024

Last Buyer's Agent

Branly Hernandez Morales

LPT Realty, LLC License #279622389

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,947

Year Built

  • Built in 1966

Lot Details

  • 9,975 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, internet
  • Legal Lot and Block 55 / 487
  • Assessor Parcel Number 06-45-24-C4-00487.0550

Community Details

Overview

  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $1,000
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,947

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.229
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1966
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Jalousie

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: None, Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 06-45-24-C4-00487.0550
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Internet

Multi Family

  • Number Of Units Total: 1
  • Property Net Operating Income: 32400.0
  • Annual Operating Expense: 1000.0

Tax Info

  • Tax Annual Amount: 4946.91
  • Tax Block: 487
  • Tax Lot: 55
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 5, 2024
Sold by
Mcgregor James and Mcgregor Sarah
Bought by
Barbat Decire Verdecia
Seller's Agent
Tim Greig
Realty One Group MVP
Buyer's Agent
Branly Hernandez Morales
LPT Realty, LLC
List Price
$418,000
Sold Price
$420,000
Premium/Discount to List
$2,000
0.48%
Views
8
Current Estimated Value
$403,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,604
Avg. Annual Appreciation
-4.31%
Original Mortgage
$412,392
Outstanding Balance
$408,459
Interest Rate
6.86%
Mortgage Type
FHA
Estimated Equity
-$7,992

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 28, 2017
Sold by
Breeza Holdings Llc
Bought by
Mcgregor James and Mcgregor Sarah
Seller's Agent
Ilan Kedem
Jones & Co Realty
Buyer's Agent
Tim Greig
Realty One Group MVP
List Price
$229,000
Sold Price
$219,000
Premium/Discount to List
-$10,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%
Original Mortgage
$164,250
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2017
Sold by
Higgins Paul Augustine and Mccoy Marianne
Bought by
Breeza Holdings Llc

Purchase Details

Closed on
Jan 21, 2016
Sold by
Mccoy Marianne
Bought by
Higgins Paul Augustine and Mc Coy Marianne

Purchase Details

Closed on
Jan 20, 2016
Sold by
Mccoy Marianne G
Bought by
Mccoy Marianne
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
Barbat Decire Verdecia $420,000 C & C Title
Mcgregor James $219,000 Pro Title Of Florida Inc
Breeza Holdings Llc $152,500 Title Ins Ag
Higgins Paul Augustine -- Attorney
Mccoy Marianne -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbat Decire Verdecia $412,392
Previous Owner Mcgregor Sarah $155,000
Previous Owner Mcgregor James $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $420,000 +0.5% $191 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $418,000 +90.9% $190 / Sq Ft
08/28/2017 08/28/17 Sold $219,000 -4.4% --
07/29/2017 07/29/17 Pending -- -- --
06/08/2017 06/08/17 For Sale $229,000 -- --
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 $4,947 $235,259 -- --
2023 $4,947 $213,872 $0 $0
2022 $4,485 $194,429 $0 $0
2021 $3,999 $176,834 $49,052 $127,782
2020 $3,798 $160,685 $42,000 $118,685
2019 $3,592 $151,818 $42,000 $109,818
2018 $3,442 $141,306 $42,000 $99,306
2017 $3,396 $138,080 $16,700 $121,380
2016 $2,645 $110,577 $17,646 $92,931
2015 $2,422 $95,802 $16,209 $79,593
2014 $2,316 $82,996 $14,426 $68,570
2013 -- $71,998 $10,451 $61,547
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224053329

Florida Gulf Coast Multiple Listing Service

APN: 06-45-24-C4-00487.0550