NOT LISTED FOR SALE

3732 SW 7th Place Unit 5 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $131,000 - $161,000

2 Beds
2 Baths
994 Sq Ft
4,225 Sq Ft Lot

Last Sold September 04, 2018

Last sale price $95,000 $96 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $890/month

58 Days on Market

Highlights

  • Cathedral Ceiling
  • Shutters
  • Eat-In Kitchen
  • Cape Elementary School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of September 2018

Great investment opportunity or first time home buyer! This second floor 2 bedroom condo is situated in a small condo complex with only 6 units in the highly desirable SW Cape Coral quadrant. Offering almost 1,000sf of living space in a great room design with a split bedroom floor plan, cathedral ceilings, tile flooring throughout, dining area, breakfast bar, eat-in kitchen, and an open front & rear lanai. Long term tenant in place that has taken care of the home as if they were the owners. Conveniently located with easy access to both the South Cape Coral Bridge and the Mid-Point Bridge, plus close to the public library and lots of shopping & dining options.

Last Agent to Sell the Property

Denny Grimes

Keller Williams Realty Naples License #258000307 Listed on: 06/07/2018

Keller Williams Realty Naples

Co-Listed By

Tony Erpenbeck

Keller Williams Realty Naples License #258019075

Last Buyer's Agent

Lindsey Pittman

SWFL Choice Realty License #258024469

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 2006

Lot Details

  • East Facing Home
  • Zero Lot Line

Parking

  • Guest Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 994 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Open Patio
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 41 / 1753
  • Assessor Parcel Number 02-45-23-C4-00500.0005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, irrigation water, ground maintenance, pest control, reserve fund, trash
  • 6 Units
  • Association Phone (239) 542-4404
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,298

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Co List Office Mls Id: FKWN
  • Co List Office Phone: (239) 449-1000
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Directions: From the South Cape Coral Bridge from Fort Myers onto Cape Coral Pkwy, turn right onto Skyline Blvd, turn right onto SW 39th St, turn left onto SW 7th Place.
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, High Speed Internet, Living/Dining Room, Pantry, Tub Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 994.0
  • Stories: 2
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Patio, Shutters Manual
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Guest, Two Spaces

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Irrigation Water, Maintenance Grounds, Pest Control, Reserve Fund, Trash

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 02-45-23-C4-00500.0005
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1298.0
  • Tax Block: 1753
  • Tax Lot: 41
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Sep 4, 2018
Sold by
Rrsd Inc
Bought by
Anderson Susan K and Anderson Donald B
Seller's Agent
Denny Grimes
Keller Williams Realty Naples
Buyer's Agent
Lindsey Pittman
SWFL Choice Realty
List Price
$100,000
Sold Price
$95,000
Premium/Discount to List
-$5,000
-5%
Current Estimated Value
$148,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,443
Avg. Annual Appreciation
6.47%
Original Mortgage
$71,200
Outstanding Balance
$62,294
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$86,149

Purchase Details

Closed on
Dec 13, 2010
Sold by
Us Bank National Association
Bought by
Rrsd Inc

Purchase Details

Closed on
Oct 19, 2010
Sold by
Vallejos Ciro
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 10, 2006
Sold by
3732 Cape Coral Llc
Bought by
Vallejos Ciro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
2.66%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 24, 2003
Sold by
Vespa Pamerino and Vespa Mary Jane
Bought by
D & A Const L C

Purchase Details

Closed on
Aug 21, 2001
Sold by
Asplen Philip L and Asplen Mary Teresa
Bought by
Vestpa Palmerino and Vestpa Mary Jane
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
Anderson Susan K $95,000 Pro Title Of Florida Inc
Rrsd Inc $18,000 None Available
Us Bank National Association $1,100 None Available
Vallejos Ciro $215,000 Attorney
D & A Const L C $17,000 --
Vestpa Palmerino $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Susan K $71,200
Previous Owner Vallejos Ciro $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2018 09/04/18 Sold $95,000 -5.0% $96 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $100,000 -- $101 / 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
2025 $1,235 $94,830 -- --
2024 $1,175 $92,157 -- --
2023 $1,175 $89,473 $0 $0
2022 $1,051 $86,867 $0 $0
2021 $1,024 $91,598 $0 $91,598
2020 $1,015 $83,173 $0 $83,173
2019 $1,009 $83,173 $0 $83,173
2018 $1,404 $82,365 $0 $82,365
2017 $1,298 $74,290 $0 $74,290
2016 $1,243 $72,067 $0 $72,067
2015 $1,057 $51,900 $0 $51,900
2014 $863 $36,400 $0 $36,400
2013 -- $39,500 $0 $39,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218036520

Florida Gulf Coast Multiple Listing Service

APN: 02-45-23-C4-00500.0005