NEW CONSTRUCTION
$50K PRICE DROP
3902 NW 40th Terrace Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $2,165/month
Total Views
3,158
4
Beds
3
Baths
2,032
Sq Ft
$187
Price per Sq Ft
Highlights
- New Construction
- Maid or Guest Quarters
- Great Room
- Cape Elementary School Rated A-
- Traditional Architecture
- No HOA
About This Home
THIS HOME IS READY FOR YOU NOW!! This single-story home offers versatile living, with an open design among the dining room, kitchen and family room, which lead to a covered lanai for outdoor experiences. Surrounding the space are all four bedrooms, including the lavish owner’s suite with an adjoining bathroom and a large walk-in closet. A versatile two-car garage completes the home. Prices, dimensions and features may vary and are subject to change. Photos are for illustrative purposes only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $778
Year Built
- Built in 2025 | New Construction
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- North Facing Home
- Rectangular Lot
- Property is zoned R1-D
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Shingle Roof
- Stucco
Interior Spaces
- 2,032 Sq Ft Home
- 1-Story Property
- Single Hung Windows
- Sliding Windows
- Entrance Foyer
- Great Room
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Freezer
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Maid or Guest Quarters
- 3 Full Bathrooms
- Dual Sinks
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 13 / 5504
- Assessor Parcel Number 18-43-23-C4-05504.0130
Map
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Home Values in the Area
Average Home Value in this Area
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 | $778 | $25,733 | $25,733 | -- |
| 2023 | $778 | $15,985 | $0 | $0 |
| 2022 | $601 | $14,532 | $14,532 | $0 |
| 2021 | $466 | $6,700 | $6,700 | $0 |
| 2020 | $434 | $6,000 | $6,000 | $0 |
| 2019 | $444 | $9,300 | $9,300 | $0 |
| 2018 | $435 | $9,300 | $9,300 | $0 |
| 2017 | $391 | $7,187 | $7,187 | $0 |
| 2016 | $359 | $6,300 | $6,300 | $0 |
| 2015 | $329 | $6,000 | $6,000 | $0 |
| 2014 | $331 | $5,452 | $5,452 | $0 |
| 2013 | -- | $3,900 | $3,900 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Price Changed | $379,499 | -2.6% | $187 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $389,499 | -2.5% | $192 / Sq Ft |
| 06/10/2025 06/10/25 | Price Changed | $399,499 | -4.8% | $197 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $419,499 | -1.2% | $206 / Sq Ft |
| 03/11/2025 03/11/25 | Price Changed | $424,499 | -1.2% | $209 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $429,597 | -- | $211 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100,000 | Elite Title | |
| Warranty Deed | $313,500 | Entitled Llc | |
| Warranty Deed | $650,000 | None Available | |
| Warranty Deed | $89,000 | Arnold Title Company Inc | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $4,500 | -- | |
| Warranty Deed | $1,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $89,000 | Unknown | |
| Previous Owner | $3,820 | No Value Available |
Source: Public Records
Similar Homes in Cape Coral, FL
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224078131
APN: 18-43-23-C4-05504.0130
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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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