NOT LISTED FOR SALE

Estimated Value: $217,000 - $246,000

2 Beds
2 Baths
1,203 Sq Ft
$410/mo HOA Fee

Last Sold May 17, 2021

Last sale price $212,000 $176 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,907/month

4 Days on Market

Highlights

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

About This Home

As of May 2021

BANYAN TRACE, 4 TH FLOOR UNIT, GREAT LOCATION AND HIGH VAULTED CEILINGS TO GIVE THAT OPEN FEELING! ONE OWNER!! This unit has been freshly painted, all new carpet, brand new hot water heater, AC replaced in 2019. This is a 2 bedroom, plus den and 2 full baths. The community is gated with many amenities for the residents, resort style pool, workout room, spa, tennis courts, bocce etc. etc.! Convenient location, close to shopping, wonderful restaurants, downtown Cape Coral, Yacht Club, and Cape Harbour!

Last Agent to Sell the Property

Janice DeAngelo

Real Estate by Barbour LLC License #258025376 Listed on: 04/12/2021

Last Buyer's Agent

Lisa Perry

Berkshire Hathaway FL Realty License #688959

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 2003

Lot Details

  • South Facing Home

HOA Fees

Home Design

  • Penthouse
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,203 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Single Hung Windows
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 405 / 5400
  • Assessor Parcel Number 12-45-23-C2-05400.0405

Community Details

Overview

  • Association fees include cable TV, internet, ground maintenance, pest control, recreation facilities, trash, water
  • 128 Units
  • Association Phone (239) 542-4404
  • Mid-Rise Condominium
  • Cape Coral Subdivision

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,418

Year Built

Built in 2003

Lot Details

0

HOA Fees

$410 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.2591
  • Road Frontage Type: See Remarks
  • Ownership: Condo
  • Subdivision Name: CAPE CORAL
  • Directions: Banyan Trace is on the right side of Palm Tree Blvd. heading toward Country Club Blvd.
  • Architectural Style: Penthouse, Mid Rise
  • Carport Y N: Yes
  • Entry Level: 4
  • Garage Yn: No
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Shower Only, Separate Shower, Cable TV, High Speed Internet
  • Living Area: 1203.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s), Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Near Hotel/Motel
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Pickleball, Pool, Spa/Hot Tub, Storage, Tennis Court(s)
  • Association #2 Fee: 825.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 404.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Pest Control, Recreation Facilities, Trash, Water

Lot Info

  • Parcel #: 12-45-23-C2-05400.0405
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 2418.0
  • Tax Block: 5400
  • Tax Lot: 405
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
May 17, 2021
Sold by
Means Rick A and Means Stacy
Bought by
Norton John Michael
Seller's Agent
Janice DeAngelo
Real Estate by Barbour LLC
Buyer's Agent
Lisa Perry
Berkshire Hathaway FL Realty
List Price
$208,000
Sold Price
$212,000
Premium/Discount to List
$4,000
1.92%
Total Days on Market
4
Current Estimated Value
$226,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,695
Avg. Annual Appreciation
2.54%
Original Mortgage
$168,000
Outstanding Balance
$154,813
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$79,989

Purchase Details

Closed on
Jun 3, 2005
Sold by
Cape Coral Country Club Inc
Bought by
Means Rick A and Means Stacy
Source: Public Records

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Range of Values:

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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
Norton John Michael $212,000 Experienced T&E Llc
Means Rick A $190,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norton John Michael $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $212,000 +1.9% $176 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $208,000 -- $173 / 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 $2,774 $193,788 -- --
2023 $2,774 $188,144 $0 $0
2022 $2,576 $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 $2,465 $120,318 $0 $120,318
2017 $2,409 $127,585 $0 $127,585
2016 $2,235 $115,474 $0 $115,474
2015 $2,058 $101,000 $0 $101,000
2014 -- $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: 221027252

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C2-05400.0405