3918 NW 40th Terrace Cape Coral, FL 33993
Burnt Store NeighborhoodEstimated payment $2,163/month
Highlights
- Vaulted Ceiling
- Great Room
- Porch
- Cape Elementary School Rated A-
- No HOA
- 2 Car Attached Garage
About This Home
THIS SELLERS LOSS IS YOUR GAIN - MOTIVATED SELLERS!!! Don't let this opportunity to own a METICULOUSLY
MAINTED HOME, that is not even two years olde situated in a highly desirable neighborhood. Experience peace of mind that comes with a home that has been lovely cared for and maintained to the highest standards. Built in 2023, this home ensures you enjoy the benefits of modern construction standards, energy & contemporary aesthetics without the worries of repairs or updates. This property boats generously sized bedrooms that encompasses a split floor plan with an open concept constructed in complete harmony with its peaceful surroundings. Warm & inviting the interior features a Dining Room, Great Room w/a Kitchen, breakfast bar, granite countertops & Stainless-Steel Appliances. Easily appointed the interior glows with lustrous warmth. Live
a life at ease with soaring ceilings, impact windows & doors that are bathed in a profusion of sunlight. Positioned in a prime location, this home strikes the balance between quite residential living and coinvent access to local amenities. Nearby parks, golf courses, world class fishing, Pine Island, airports, are just a stone's throw away making everyday life easy and enjoyable. This home not only meets but exceeds expectations. Let your adventures begin when you discover al this home has to offer!!! Don't miss this rare opportunity-schedule your showing today & make this home your own.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,974
Year Built
- Built in 2023
Lot Details
- 10,629 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
- Driveway
Home Design
- Entry on the 1st floor
- Shingle Roof
- Stucco
Interior Spaces
- 1,180 Sq Ft Home
- 1-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Great Room
- Open Floorplan
- Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
- Impact Glass
- High Impact Door
- Fire and Smoke Detector
Outdoor Features
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
- Association fees include street lights, trash
- Cape Coral Subdivision
Listing and Financial Details
- Legal Lot and Block 5 / 5504
- Assessor Parcel Number 18-43-23-C4-05504.0050
Map
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 | $4,974 | $256,933 | -- | -- |
| 2023 | $617 | $8,107 | $0 | $0 |
| 2022 | $532 | $7,370 | $0 | $0 |
| 2021 | $471 | $6,700 | $6,700 | $0 |
| 2020 | $437 | $6,000 | $6,000 | $0 |
| 2019 | $447 | $9,300 | $9,300 | $0 |
| 2018 | $438 | $9,300 | $9,300 | $0 |
| 2017 | $395 | $7,348 | $7,348 | $0 |
| 2016 | $361 | $6,300 | $6,300 | $0 |
| 2015 | $331 | $6,000 | $6,000 | $0 |
| 2014 | -- | $5,452 | $5,452 | $0 |
| 2013 | -- | $4,000 | $4,000 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2025 06/06/25 | Price Changed | $2,000 | 0.0% | $2 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $328,018 | 0.0% | $278 / Sq Ft |
| 05/13/2025 05/13/25 | For Rent | $2,600 | 0.0% | -- |
| 09/19/2024 09/19/24 | Sold | $314,000 | +4.7% | $266 / Sq Ft |
| 09/16/2024 09/16/24 | Pending | -- | -- | -- |
| 09/14/2024 09/14/24 | For Sale | $299,900 | 0.0% | $254 / Sq Ft |
| 07/13/2024 07/13/24 | Price Changed | $299,900 | +3.4% | $254 / Sq Ft |
| 07/05/2024 07/05/24 | Price Changed | $289,900 | -3.4% | $245 / Sq Ft |
| 04/25/2024 04/25/24 | Price Changed | $299,999 | -7.1% | $254 / Sq Ft |
| 02/23/2024 02/23/24 | Price Changed | $323,000 | -5.8% | $273 / Sq Ft |
| 01/17/2024 01/17/24 | For Sale | $343,000 | +7695.5% | $290 / Sq Ft |
| 12/08/2020 12/08/20 | Sold | $4,400 | -48.8% | -- |
| 11/08/2020 11/08/20 | Pending | -- | -- | -- |
| 08/01/2020 08/01/20 | For Sale | $8,600 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $314,000 | Celebration Title Group | |
| Warranty Deed | $4,400 | Pro Title Of Florida Inc | |
| Warranty Deed | $51,400 | Security Title & Trust Inc | |
| Deed | $1,000 | -- | |
| Warranty Deed | $500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $15,176 | No Value Available | |
| Open | $303,520 | FHA | |
| Previous Owner | $180,000 | Balloon | |
| Previous Owner | $140,000 | Fannie Mae Freddie Mac |
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 225046785
APN: 18-43-23-C4-05504.0050
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