NOT LISTED FOR SALE

Estimated Value: $754,000 - $1,105,375

0.24 Acre
$3,982,967 Price per Acre
10,629 Sq Ft Lot

Last Sold August 10, 2020

Last sale price $180,000

Est. 440% increase in value since last sale

Current estimated payment $6,480/month

2 Days on Market

Highlights

  • Home fronts a seawall
  • Canal Access
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of August 2020

Great over sized gulf access lot with western exposure on 160 ft wide Corta Canal. Only one bridge to southern Spreader Canal. New Seawall installed in June 2020. Located in a nice and well maintained neighborhood on a quiet cul de sac.

Last Agent to Sell the Property

Karl Aschenbrenner

Premier Cape Realty Inc. License #252012966 Listed on: 07/08/2020

Premier Cape Realty Inc.

Last Buyer's Agent

non-member MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,623

Lot Details

  • 10,629 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • Home fronts a seawall
  • East Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 4885
  • Assessor Parcel Number 05-45-23-C3-04885.0050

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,623

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.244
  • Lot Size: 85 x 125 x 85 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: North on Oasis Blvd ... turn left (west) on SW 39th Ter ... turn right (north) on SW 25th Pl ... lot on the left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Access, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: East

Utilities

  • Sewer: Assessment Paid, See Remarks
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Unpaid, See Remarks

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-23-C3-04885.0050
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2623.0
  • Tax Block: 4885
  • Tax Lot: 5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2025
Sold by
Farrington Steven and Farrington Shantie
Bought by
Farrington Steven
Current Estimated Value
$971,844

Purchase Details

Closed on
Aug 5, 2024
Sold by
Farrington Steven and Farrington Shantie
Bought by
Farrington Steven and Farrington Shantie

Purchase Details

Closed on
Mar 4, 2022
Sold by
Farrington and Shantie
Bought by
Farrington 3910 Sw 25Th Place Llc

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 7, 2020
Sold by
Despins Gary and Despins Meredith
Bought by
Aquta Marin Inc
Seller's Agent
Cory Lauer
EXP Realty LLC
Buyer's Agent
Karl Aschenbrenner
List Price
$139,900
Sold Price
$127,500
Premium/Discount to List
-$12,400
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.54%

Purchase Details

Closed on
Jan 1, 1903
Sold by
Schumann Schumann Lester J Lester J and Schumann Lester Arthur
Bought by
Despins Gary and Despins Meredith
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
Farrington Steven $100 None Listed On Document
Farrington Steven $100 None Listed On Document
Farrington 3910 Sw 25Th Place Llc -- None Listed On Document
Aquta Marin Inc $127,500 Heights Title Services Llc
Despins Gary $136,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2020 08/10/20 Sold $180,000 -2.7% --
07/11/2020 07/11/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $185,000 +45.1% --
02/11/2020 02/11/20 Sold $127,500 -8.9% -- View Prior Sale
01/12/2020 01/12/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $139,900 -- --
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
2025 $16,716 $823,996 $243,865 $475,424
2024 $16,716 $1,009,204 $215,991 $639,390
2023 $4,384 $250,375 $259,452 $0
2022 $2,971 $151,318 $0 $0
2021 $2,448 $116,000 $116,000 $0
2020 $2,729 $128,000 $128,000 $0
2019 $2,623 $130,000 $130,000 $0
2018 $2,648 $143,000 $143,000 $0
2017 $2,533 $137,000 $137,000 $0
2016 $2,469 $137,000 $137,000 $0
2015 $2,311 $120,000 $120,000 $0
2014 -- $105,000 $105,000 $0
2013 -- $71,400 $71,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220042371

Florida Gulf Coast Multiple Listing Service

APN: 05-45-23-C3-04885.0050