NOT LISTED FOR SALE

3622 NW 40th Terrace Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $54,302 - $82,000

0.34 Acre
$196,442 Price per Acre
14,985 Sq Ft Lot

Last Sold November 19, 2021

Last sale price $50,000

Est. 136% increase in value since last sale

Current estimated payment $739/month

Highlights

  • Waterfront
  • Canal Access
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of November 2021

Excellent opportunity to purchase a 3 lot building site with preferred Southern exposure. Full three lot site with 120 feet road frontage and 120 feet on freshwater canal, approximately .344 acres. Invest now and build your new home or hold lot for future development. Off the beaten path but only about 2.5 +/- miles to Charlotte County line and Burnt Store Marina and about 6 +/- miles to Pine Island Rd corridor for multiple dining, shopping and entertainment options!!

Last Agent to Sell the Property

Debbie Goodwin

Florida Premier Real Estate License #252000603 Listed on: 10/19/2021

Last Buyer's Agent

Steve Ehlers

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $596

Lot Details

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

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 11 / 5530
  • Assessor Parcel Number 18-43-23-C4-05530.0110

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$596

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.344
  • Lot Size: 120 x 125 x 120 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: FROM PINE ISLAND RD, NORTH ON BURNT STORE RD, WEST ON KISMET PKWY W., NORTH ON OLD BURNT STORE RD, EAST ON CALOOSA PKWY, NORTH ON NW 36TH AVE, CROSS BRIDGE THEN LEFT ON NW 40TH TER & #3622 ON THE LEFT BEFORE ROAD CURVES
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent, RV Restriction(s)
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 18-43-23-C4-05530.0110
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 596.0
  • Tax Block: 5530
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Nov 19, 2021
Sold by
Goodwin Construction Corporation
Bought by
Hardesty Jason R and Hardesty Melissa M
Seller's Agent
Debbie Goodwin
Florida Premier Real Estate
Buyer's Agent
Steve Ehlers
List Price
$49,900
Sold Price
$50,000
Premium/Discount to List
$100
0.2%
Current Estimated Value
$118,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,203
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Jun 29, 2010
Sold by
Dedilectis Robert
Bought by
Goodwin Construction Corporation

Purchase Details

Closed on
Jun 24, 2005
Sold by
Vansledright Steve and Vansledright Van Sledright
Bought by
Dedilectis Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,910
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 23, 2004
Sold by
Connor Virginia Harriet and Sorosinski Joanne
Bought by
Vansledright Steve and Vansledright Yvonne

Purchase Details

Closed on
Oct 12, 2001
Sold by
Hurley Norma and Peden Blanche
Bought by
Connor Virginia Harriet
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
Hardesty Jason R $50,000 Cape Coral Ttl Ins Agcy Inc
Goodwin Construction Corporation $7,700 None Available
Dedilectis Robert $159,900 Dba Commerce Title Company
Vansledright Steve -- Progressive Title Inc
Vansledright Steve $42,500 Progressive Title Inc
Connor Virginia Harriet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dedilectis Robert $143,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $50,000 +0.2% --
10/20/2021 10/20/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $49,900 -- --
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 $1,197 $34,739 -- --
2023 $1,197 $31,581 $0 $0
2022 $918 $17,543 $17,543 $0
2021 $661 $13,200 $13,200 $0
2020 $614 $11,550 $11,550 $0
2019 $571 $11,000 $11,000 $0
2018 $561 $11,000 $11,000 $0
2017 $530 $12,436 $12,436 $0
2016 $480 $10,450 $10,450 $0
2015 $456 $12,100 $12,100 $0
2014 $451 $11,000 $11,000 $0
2013 -- $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debbie Goodwin

    Florida Premier Real Estate

    (239) 850-7704

    8 in this area

    118 Total Sales

    Debbie Goodwin
    Section Image

  • S

    Buyer's Agent in 2021

    Steve Ehlers

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221074309

Florida Gulf Coast Multiple Listing Service

APN: 18-43-23-C4-05530.0110

Florida Lee County Cape Coral 33993 Burnt Store

3622 NW 40th Terrace, Cape Coral, FL

This home is located at 3622 NW 40th Terrace, Cape Coral, FL 33993 since 19 October 2021 and is currently estimated at $67,576. 3622 NW 40th 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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