NOT LISTED FOR SALE

3622 NW 38th Ln Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $505,589 - $591,000

4 Beds
2.5 Baths
2,907 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 21, 2022

Last sale price $406,958 $140 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,475/month

184 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Oversized Lot
  • Cape Elementary School Rated A-
  • No HOA
  • Thermal Windows

About This Home

As of February 2022

Brand new builder owned 4/2.5 two story spec home with estimated completion date of Sept 2021. CBS construction with full builder warranties. Terrific plan featuring large great room, gourmet kitchen appliances, extensive ceramic tile flooring, 10x32 patio and much, much more.

Last Agent to Sell the Property

Jay Garick

Adnoram Realty Corp License #261017253 Listed on: 07/21/2021

Last Buyer's Agent

Shari Smith

LPT Realty, LLC License #258025047

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $191

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • South Facing Home
  • Oversized Lot
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,907 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub
  • Separate Shower

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 5517
  • Assessor Parcel Number 18-43-23-C4-05517.0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$191

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 120 x 125 x 120 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Old Burnt Store Rd to Caloosa Pkwy to NW 36th Ave to NW 38th Lane to subject home.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: Yes
  • Year Built: 2022
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Entrance Foyer, Kitchen Island, Living/Dining Room, Pantry, Separate Shower
  • Living Area: 2907.0
  • Stories: 1
  • Window Features: Sliding, Thermal Windows
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Property Condition: New Construction
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • 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-C4-05517.0110
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 191.2
  • Tax Block: 5517
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Feb 18, 2022
Sold by
Maronda Homes Llc
Bought by
Reed Benjamin Zachary and Reed Kara Lynn
Seller's Agent
Jay Garick
Adnoram Realty Corp
Buyer's Agent
Shari Smith
LPT Realty, LLC
List Price
$335,958
Sold Price
$406,958
Premium/Discount to List
$71,000
21.13%
Current Estimated Value
$542,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,189
Avg. Annual Appreciation
8.89%
Original Mortgage
$386,610
Outstanding Balance
$363,063
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$186,073

Purchase Details

Listed on
Aug 16, 2019
Closed on
Aug 14, 2020
Sold by
Lynn Franklin Llc
Bought by
Maronda Homes Llc
Seller's Agent
Bill Keenan
Real Estate Corp of America
Buyer's Agent
Jay Garick
List Price
$14,900
Sold Price
$10,000
Premium/Discount to List
-$4,900
-32.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1045.29%

Purchase Details

Listed on
Jul 31, 2014
Closed on
Jun 18, 2015
Sold by
Beideck Julie and Ardillo Joyce
Bought by
Lynn Franklin Llc
Seller's Agent
Laurie Smith
Experience Real Estate Group
Buyer's Agent
Bill Keenan
Real Estate Corp of America
List Price
$11,900
Sold Price
$9,500
Premium/Discount to List
-$2,400
-20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.00%

Purchase Details

Listed on
Jul 31, 2014
Closed on
Jun 9, 2015
Sold by
Equity Trust Company
Bought by
Lynn Franklin Llc
Seller's Agent
Laurie Smith
Experience Real Estate Group
Buyer's Agent
Bill Keenan
Real Estate Corp of America
List Price
$11,900
Sold Price
$9,500
Premium/Discount to List
-$2,400
-20.17%
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
Reed Benjamin Zachary $406,958 Steel City Title
Maronda Homes Llc $10,000 Steel City Title
Lynn Franklin Llc $9,500 Attorney
Lynn Franklin Llc $60,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Benjamin Zachary $386,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Sold $406,958 +21.1% $140 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
07/21/2021 07/21/21 For Sale $335,958 +3259.6% $116 / Sq Ft
08/14/2020 08/14/20 Sold $10,000 -32.9% --
07/15/2020 07/15/20 Pending -- -- --
08/16/2019 08/16/19 For Sale $14,900 +56.8% --
06/29/2015 06/29/15 Sold $9,500 -20.2% --
05/30/2015 05/30/15 Pending -- -- --
07/31/2014 07/31/14 For Sale $11,900 -- --
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 $6,306 $391,557 -- --
2023 $6,306 $380,152 $22,986 $357,166
2022 $6,223 $332,590 $0 $0
2021 $530 $11,000 $11,000 $0
2020 $598 $11,000 $11,000 $0
2019 $550 $9,500 $9,500 $0
2018 $541 $9,500 $9,500 $0
2017 $491 $7,994 $7,994 $0
2016 $447 $7,000 $7,000 $0
2015 $382 $5,640 $5,640 $0
2014 $324 $5,640 $5,640 $0
2013 -- $4,600 $4,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jay Garick

    Adnoram Realty Corp

    (407) 687-4128

    125 in this area

    3,846 Total Sales

    Jay Garick
    Section Image
  • Shari Smith

    Buyer's Agent in 2022

    Shari Smith

    LPT Realty, LLC

    (724) 464-9230

    10 in this area

    87 Total Sales

    Shari Smith
    Section Image
  • Bill Keenan

    Seller's Agent in 2020

    Bill Keenan

    Real Estate Corp of America

    (828) 489-8225

    12 in this area

    37 Total Sales

    Bill Keenan
    Section Image
  • Laurie Smith

    Seller's Agent in 2015

    Laurie Smith

    Experience Real Estate Group

    (585) 252-2196

    10 in this area

    61 Total Sales

    Laurie Smith
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221053445

Florida Gulf Coast Multiple Listing Service

APN: 18-43-23-C4-05517.0110

Florida Lee County Cape Coral 33993 Burnt Store

3622 NW 38th Ln, Cape Coral, FL

This home is located at 3622 NW 38th Ln, Cape Coral, FL 33993 since 21 July 2021 and is currently estimated at $542,147, approximately $186 per square foot. This property was built in 2022. 3622 NW 38th Ln 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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