$39,000
SOLD DEC 14, 2022

3927 NW 40th Terrace Cape Coral, FL 33993

Burnt Store Neighborhood
0.26 Acre
$152,941 Price per Acre
11,108 Sq Ft Lot

Recently Sold

9% Below List Price

320 Days on Market

About This Lot

As of December 2022

Nice Oversized Corner Cape Coral Homesite

Last Agent to Sell the Property

Dan Read

Land Brokers Inc License #252000685 Listed on: 01/27/2022

Last Buyer's Agent

Dan Read

Land Brokers Inc License #252000685 Listed on: 01/27/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $453

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90 x 125 x 90 x 125
  • South Facing Home
  • Corner Lot
  • Oversized Lot
  • Property is zoned R1-D

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 47 / 5503
  • Assessor Parcel Number 18-43-23-C4-05503.0470

Property Details

Property Type

Land

Est. Annual Taxes

$453

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.255
  • Lot Size: 90 x 125 x 90 x 125
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Oversized Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 18-43-23-C4-05503.0470
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 453.0
  • Tax Block: 5503
  • Tax Lot: 47
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Dec 8, 2022
Sold by
Rmm Holdings Of Lee County Llc
Bought by
02Sw Cape Coral B Llc
Seller's Agent
Dan Read
Land Brokers Inc
Buyer's Agent
Dan Read
Land Brokers Inc
List Price
$42,900
Sold Price
$39,000
Premium/Discount to List
-$3,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
149.55%

Purchase Details

Closed on
Jun 2, 2016
Sold by
Hill Family Trust
Bought by
Pappi Estate Llc

Purchase Details

Closed on
Sep 16, 2015
Sold by
Rock It Homes Llc
Bought by
Hill Family Trust

Purchase Details

Closed on
May 5, 2006
Sold by
Longshore Michael R and Longshore Helen D
Bought by
K Hovnanian First Homes Llc

Purchase Details

Closed on
Feb 20, 2002
Sold by
S W F L Paradise Inc
Bought by
Longshore Michael R and Longshore Helen D

Purchase Details

Closed on
Aug 8, 2001
Sold by
Benkert Lois H and Benkert Albert A
Bought by
S W F L Paradise Inc
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 Type Sale Price Title Company
Warranty Deed $39,000 Safe Harbor Title
Quit Claim Deed -- None Available
Special Warranty Deed $12,750 Attorney
Warranty Deed $69,500 First Home Title Llc
Warranty Deed $3,200 --
Warranty Deed $1,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $420,000 -3.4% $221 / Sq Ft
02/20/2025 02/20/25 For Sale $434,900 +1015.1% $228 / Sq Ft
12/14/2022 12/14/22 Sold $39,000 -9.1% --
12/14/2022 12/14/22 Pending -- -- --
12/08/2022 12/08/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $42,900 -4.5% --
01/27/2022 01/27/22 For Sale $44,900 -- --
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
2024 $869 $28,564 $28,564 --
2023 $949 $30,367 $30,367 $0
2022 $548 $7,260 $0 $0
2021 $486 $6,700 $6,700 $0
2020 $453 $6,000 $6,000 $0
2019 $487 $9,300 $9,300 $0
2018 $476 $9,300 $9,300 $0
2017 $431 $7,429 $7,429 $0
2016 $387 $6,300 $6,300 $0
2015 $341 $6,000 $6,000 $0
2014 -- $5,452 $5,452 $0
2013 -- $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2025

    Dirimo Chourio

    VESTA REALTY LLC

    (786) 702-3634

    16 Total Sales

    Dirimo Chourio
    Section Image

  • D

    Seller's Agent in 2022

    Dan Read

    Land Brokers Inc

    (239) 542-0002

    118 in this area

    663 Total Sales

    Dan Read
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222006573

Florida Gulf Coast Multiple Listing Service

APN: 18-43-23-C4-05503.0470

Florida Lee County Cape Coral 33993 Burnt Store

3927 NW 40th Terrace, Cape Coral, FL

This home is located at 3927 NW 40th Terrace, Cape Coral, FL 33993 and is currently priced at $39,000. 3927 NW 40th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Dr. Carrie D. Robinson Littleton Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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