NOT LISTED FOR SALE

Estimated Value: $219,000 - $241,000

2 Beds
2 Baths
1,294 Sq Ft
$152/mo HOA Fee

Last Sold April 01, 2021

Last sale price $186,000 $144 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,675/month

163 Days on Market

Highlights

  • Fitness Center
  • Penthouse
  • View of Trees or Woods
  • Cape Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of April 2021

BANYAN TRACE’S ultimate high vaulted ceiling PENTHOUSE . .This highly sought-after DORAL Alternate Floorplan of 2 bedrooms 2 baths, Den/Office/Formal Dining space, all upgraded fans, WOND-IMPACT windows is METICULOUSLY maintained by the ORIGINAL OWNERS. It’s screened lanai overlooks a greenscape view to enjoy watching birds and wildlife. It is tastefully furnished by renowned Designer STEPHEN TODD in deluxe TOMMY BAHAMA décor and offered TURNKEY. BANYAN's many amenities include a gated keypad entrance, assigned covered parking +guest spots, a designated 6X7 locked storage close to both the elevator and 404 entrance. Its resort-style pool with COMMUNITY CENTER contains the exercise facility. For your activity enjoyment, it offers BOCCE COURTS, TENNIS-PICKLEBALL COURTS, 2 SPAS, GAZEBO, WALK TRAILS, PET STATIONS, and MACADAMED ROADWAY AND PARKING AREAS. Residents of this cluster are enthusiastic about activities. You’ll find ideal access to downtown Cape Coral, shopping, restaurants, Westin-Tarpon Point, Cape Harbour, Yacht Club, Cape Coral Pkwy or Veterans Pkwy bridges to/from Fort Myers, the River District, Edison Mall, Beaches, I75, and SWFL International Airport.

Last Agent to Sell the Property

Judith Ann New

RE/MAX Realty Team License #258009740 Listed on: 09/19/2020

RE/MAX Realty Team

Last Buyer's Agent

Shane Chodakowsky

Schooner Bay Realty, Inc. License #258028236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,423

Year Built

  • Built in 2004

Lot Details

  • Property fronts a private road
  • South Facing Home
  • Zero Lot Line

HOA Fees

  • $152 Monthly HOA Fees

Home Design

  • Penthouse
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,294 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Open Floorplan
  • Views of Woods
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 404 / 5400
  • Assessor Parcel Number 12-45-23-C2-05400.0404

Community Details

Overview

  • Association fees include cable TV, insurance, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, road maintenance, trash, water
  • 128 Units
  • Association Phone (239) 542-4404
  • Mid-Rise Condominium
  • Fairway Villas Subdivision

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Gated Community
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,423

Year Built

Built in 2004

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.2591
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: FAIRWAY VILLAS
  • Directions: Banyan is located lmost halfway between Veterans and Cape Coral Parkway on Palm Tree Boulevard' East side
  • Architectural Style: Other, Penthouse, Mid Rise
  • Carport Y N: Yes
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Family/Dining Room, Living/Dining Room, See Remarks, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1294.0
  • Stories: 4
  • Window Features: Single Hung, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped, Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest, Paved, One Space, See Remarks, Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated Community, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Gated, Near Hotel/Motel
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Pickleball, Pool, Spa/Hot Tub, See Remarks, Storage, Tennis Court(s), Trail(s)
  • Association Fee: 456.0
  • Association Fee Frequency: Quarterly
  • Phone: 239 542 4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Road Maintenance, Trash, Water

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 12-45-23-C2-05400.0404
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 2423.0
  • Tax Block: 5400
  • Tax Lot: 404
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2020
Closed on
Apr 1, 2021
Sold by
Sink Darry L and Sink Jane Ann
Bought by
Pirruccello Ross Louis
Seller's Agent
Judith Ann New
RE/MAX Realty Team
Buyer's Agent
Shane Chodakowsky
Schooner Bay Realty, Inc.
List Price
$209,500
Sold Price
$186,000
Premium/Discount to List
-$23,500
-11.22%
Total Days on Market
163
Current Estimated Value
$226,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,530
Avg. Annual Appreciation
5.41%
Original Mortgage
$148,800
Outstanding Balance
$135,397
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$96,798

Purchase Details

Closed on
Jul 7, 2012
Sold by
Sink Darryl and Sink Jane
Bought by
Sink Darryl L and Sink Jane Ann

Purchase Details

Closed on
May 28, 2005
Sold by
Cape Coral Country Club Inc
Bought by
Sink Darryl and Sink Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,520
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Pirruccello Ross Louis $186,000 Superior Ttl & Closings Llc
Sink Darryl L -- Attorney
Sink Darryl $181,900 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirruccello Ross Louis $148,800
Previous Owner Sink Darryl $145,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $186,000 -11.2% $144 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
09/19/2020 09/19/20 For Sale $209,500 -- $162 / 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 $3,857 $222,749 -- $222,749
2023 $3,857 $256,724 $0 $205,178
2022 $3,215 $182,664 $0 $182,664
2021 $2,555 $131,647 $0 $131,647
2020 $2,418 $119,510 $0 $119,510
2019 $2,423 $120,318 $0 $120,318
2018 $2,469 $120,318 $0 $120,318
2017 $2,447 $127,585 $0 $127,585
2016 $2,270 $115,474 $0 $115,474
2015 $2,090 $101,000 $0 $101,000
2014 $1,920 $92,200 $0 $92,200
2013 -- $76,600 $0 $76,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220059663

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C2-05400.0404