NOT LISTED FOR SALE

38 NE 16th Place Cape Coral, FL 33909

Hancock Neighborhood

Estimated Value: $265,290 - $373,000

4 Beds
4 Baths
905 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $241,000 $266 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,129/month

5 Days on Market

Highlights

  • Boat Dock
  • Oversized Lot
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Patio
  • Central Heating and Cooling System

About This Home

As of March 2020

This duplex is located in a very popular, convenient neighborhood near Hancock Bridge Parkway and Del Prado. Easy access to Fort Myers and right in the heart of Cape Coral. The property has a brand new roof! The right side has been renovated from top to bottom, featuring all new cabinets in the kitchen and bathrooms, beautiful granite counter tops, all new luxury vinyl tile flooring, new bath tub with a beautiful tile surround. The is a private tiled lanai and the laundry facilities are inside the unit. The left side has all tile flooring and shows very neat and clean. Fantastic tenants take excellent care of the property. The unit was re-piped in 2007. Purchase to live in one side and rent the other or make this a wonderful addition to your investment portfolio. The tenants on the left are a landlords dream- immaculately clean and paying on time each month!

Last Agent to Sell the Property

Christina Porter

John R. Wood Properties License #252000471 Listed on: 02/24/2020

John R. Wood Properties

Last Buyer's Agent

Cathlin Pina

SOUTH GLOBE REALTY, INC. License #258025392

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 1981

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 130 x 130 x 80 x 80
  • Oversized Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 905 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, sewer, telephone, water
  • Assessor Parcel Number 08-44-24-C4-01502.0520

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,692

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.28
  • Lot Size: 130 x 130 x 80 x 80
  • Road Surface Type: Paved
  • Subdivision Name: Cape Coral
  • Directions: Take Del Prado North to right on NE 2nd Street, turn right onto NE 16th Place.
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Patio
  • 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
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 08-44-24-C4-01502.0520
  • Zoning Description: R-3
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Sewer, Telephone, Water

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2692.0
  • Tax Block: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Mar 26, 2020
Sold by
Porter Christina and Porter Patricia
Bought by
Urgiles Flor N
Seller's Agent
Christina Porter
John R. Wood Properties
Buyer's Agent
Cathlin Pina
SOUTH GLOBE REALTY, INC.
List Price
$237,900
Sold Price
$241,000
Premium/Discount to List
$3,100
1.3%
Current Estimated Value
$336,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,073
Avg. Annual Appreciation
7.41%
Original Mortgage
$143,000
Outstanding Balance
$126,955
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$229,103

Purchase Details

Closed on
Nov 30, 2001
Sold by
Toadvine Edward M and Toadvine Diane H
Bought by
Martin Patricia Porter and Porter Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 1999
Sold by
Gradeski A John and Gradeski Jpamela
Bought by
Toadvine Edward M and Toadvine Diane H

Purchase Details

Closed on
Oct 10, 1995
Sold by
Stutler Dwight C and Stutler Carol Sue
Bought by
Gradeski A John and Gradeski Adam J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
7.72%
Mortgage Type
Commercial
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
Urgiles Flor N $241,000 Attorney
Martin Patricia Porter $100,000 --
Toadvine Edward M $74,000 --
Gradeski A John $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urgiles Flor N $143,000
Previous Owner Martin Patricia Porter $80,000
Previous Owner Gradeski A John $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $241,000 +1.3% $266 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $237,900 -- $263 / 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
2024 $4,061 $189,270 -- --
2023 $4,061 $172,064 $0 $0
2022 $3,764 $156,422 $0 $0
2021 $3,382 $142,202 $45,228 $96,974
2020 $2,841 $127,591 $45,000 $82,591
2019 $2,692 $126,777 $35,000 $91,777
2018 $2,571 $119,504 $35,000 $84,504
2017 $2,401 $107,395 $13,000 $94,395
2016 $2,196 $94,074 $13,219 $80,855
2015 $2,007 $81,297 $13,204 $68,093
2014 -- $78,398 $9,120 $69,278
2013 -- $62,402 $7,947 $54,455
Source: Public Records

Agents Affiliated with this Home

  • Christina Porter

    Seller's Agent in 2020

    Christina Porter

    John R. Wood Properties

    (239) 209-6611

    20 in this area

    144 Total Sales

    Christina Porter
    Section Image

  • C

    Buyer's Agent in 2020

    Cathlin Pina

    SOUTH GLOBE REALTY, INC.

    (239) 440-2338

    1 in this area

    18 Total Sales

    Cathlin Pina
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220015164

Florida Gulf Coast Multiple Listing Service

APN: 08-44-24-C4-01502.0520

Florida Lee County Cape Coral 33909 Hancock

38 NE 16th Place, Cape Coral, FL

This home is located at 38 NE 16th Place, Cape Coral, FL 33909 since 24 February 2020 and is currently estimated at $336,073, approximately $371 per square foot. This property was built in 1981. 38 NE 16th Place is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek Elementary School.

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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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