$220,000
SOLD DEC 23, 2024

4009 Palm Tree Blvd Unit 402 Cape Coral, FL 33904

Bimini Basin Neighborhood
2 Beds
2 Baths
1,198 Sq Ft
$609/mo HOA Fee

Recently Sold

$184 Per Sq Ft

14% Below List Price

136 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Cape Elementary School Rated A-
  • Views of Preserve
  • Vaulted Ceiling

About This Home

As of December 2024

Welcome to this well-maintained condo in the desirable community of Banyan Trace! This unit is conveniently located near downtown Cape Coral Parkway, where exciting development is underway, making it an excellent investment for both seasonal and full-time residents. This beautiful unit is rare on the 4th floor, with a peaceful view of the preserve area. It comes fully furnished and offers two bedrooms and two bathrooms, plus an extra room that can serve as a den or office space. The condo feels spacious and inviting, with just under 1,200 square feet of living space, vaulted ceilings, and light neutral colors. Recent updates include new stainless-steel appliances and plenty of cabinetry in the kitchen, new vinyl wood-style flooring throughout, and professionally grouted and sealed tile in the wet areas. Natural light streams through plenty of windows, all with blinds, and stylish new fans are found throughout the unit. Relax and enjoy stunning views from your private screened-in lanai, perfect for sunrises and sunsets. The bathrooms feature new countertops, and the primary bath has been updated with new tile and shower heads. For convenience, there's a new washer and dryer in the condo. Additional storage is available just outside the unit; downstairs, you have a covered carport with plenty of guest parking. Elevators in all buildings make it easy to move between floors. The community offers many amenities, including resort-style heated pools, cabanas, hot tubs, an exercise room, bocce and tennis courts, sidewalks, and bike paths. This gated community provides peace of mind, with a brand-new roof installed just two years ago and no additional assessments. Your association fee covers water, basic cable, high-speed internet, sewer, exterior maintenance, reserves, insurance, and groundskeeping. Location is key, with easy access to downtown Cape Coral's new and upcoming restaurants, shops, and nightlife. Condos like this on the 4th floor with such a view are rare, so don't miss out—schedule your appointment today and start living the SWFL lifestyle! Motivated sellers bring an offer!

Last Agent to Sell the Property

Jennyfer Lianos

Realty One Group MVP License #258026538 Listed on: 08/06/2024

Last Buyer's Agent

Linda Wilson

Your Home Sold Guaranteed Realty of Greater FL License #258025536

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 2003

Lot Details

  • North Facing Home

HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Entry on the 4th floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,198 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Views of Preserve

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 402 / 4903
  • Assessor Parcel Number 12-45-23-C2-04903.0402

Community Details

Overview

  • Association fees include management, cable TV, internet, ground maintenance, pest control, reserve fund, road maintenance, sewer, street lights, trash, water
  • 128 Units
  • Association Phone (239) 542-4404
  • Mid-Rise Condominium
  • Fairway Villas Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,514

Year Built

Built in 2003

Lot Details

0

HOA Fees

$609 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: FAIRWAY VILLAS
  • Architectural Style: Other, Mid Rise
  • Carport Y N: Yes
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Monthly
  • Pets No Pets Comments: Pets Limit Max Weight:25,,,Pets Limit Max Number:1
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Living/Dining Room, Shower Only, Separate Shower, Vaulted Ceiling(s), Home Office, Split Bedrooms
  • Living Area: 1198.0
  • Dining Room Type: Den
  • Stories: 1
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Preserve
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: None
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Elevator, Gated, Street Lights
  • Senior Community: No
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s), Trash
  • Association Fee: 597.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 410.0

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Maintenance Grounds, Pest Control, Reserve Fund, Road Maintenance, Sewer, Street Lights, Trash, Water

Lot Info

  • Parcel #: 12-45-23-C2-04903.0402
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 1514.23
  • Tax Block: 4903
  • Tax Lot: 402
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Dec 20, 2024
Sold by
Seguiti Nicholas S and Seguiti Britany Morgan
Bought by
Clancy Timothy and Golden Karen
Seller's Agent
Jennyfer Lianos
Realty One Group MVP
Buyer's Agent
Linda Wilson
Your Home Sold Guaranteed Realty of Greater FL
List Price
$255,000
Sold Price
$220,000
Premium/Discount to List
-$35,000
-13.73%
Views
27
Current Estimated Value
$212,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,823
Avg. Annual Appreciation
-3.38%
Original Mortgage
$198,000
Outstanding Balance
$196,793
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$17,830

Purchase Details

Closed on
Dec 12, 2013
Sold by
Diehl Kathleen S and Sullivan Patricia
Bought by
Seguiti Nicholas S

Purchase Details

Closed on
Oct 29, 2009
Sold by
Sullivan Alicia B
Bought by
Diehl Kathleen S and Sullivan Patricia

Purchase Details

Closed on
Dec 6, 2004
Sold by
Sullivan Alicia B
Bought by
Sullivan Alicia B and Alicia B Sullivan Revocable Trust

Purchase Details

Closed on
Jun 21, 2004
Sold by
Swayne Kenneth
Bought by
Sullivan Alicia B and James J Sullivan & Alicia Bogan Sullivan

Purchase Details

Closed on
Apr 30, 2003
Sold by
Cape Coral Country Club Inc
Bought by
Swayne Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,100
Interest Rate
5.79%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $220,000 Omega National Title
Warranty Deed $220,000 Omega National Title
Warranty Deed $107,500 Cape Coral Title Insurance A
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Warranty Deed -- Centurion Title Llc
Warranty Deed $185,900 Centurion Title Llc
Warranty Deed $138,200 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Closed $198,000 New Conventional
Previous Owner $95,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $220,000 -3.1% $184 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $227,000 -8.8% $189 / Sq Ft
09/26/2024 09/26/24 Price Changed $249,000 -2.4% $208 / Sq Ft
08/06/2024 08/06/24 For Sale $255,000 -- $213 / 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 $1,514 $111,586 -- --
2023 $1,514 $108,336 $0 $0
2022 $1,348 $105,181 $0 $0
2021 $1,339 $130,849 $0 $130,849
2020 $1,338 $100,707 $0 $0
2019 $1,290 $98,443 $0 $0
2018 $1,275 $96,607 $0 $0
2017 $1,245 $94,620 $0 $0
2016 $1,220 $114,614 $0 $114,614
2015 $1,220 $100,000 $0 $100,000
2014 -- $91,300 $0 $91,300
2013 -- $75,600 $0 $75,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224062709

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C2-04903.0402