NOT LISTED FOR SALE

402 NE 31st Terrace Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $33,000 - $313,000

0.23 Acre
$675,770 Price per Acre
10,019 Sq Ft Lot

Last Sold May 10, 2021

Last sale price $22,000

Est. 606% increase in value since last sale

Current estimated payment $887/month

4 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Canal View

About This Lot

As of May 2021

VACANT LOT IN CAPE CORAL! Situated on a freshwater canal and zoned vacant residential. This is a perfect opportunity for you to build the home you have always wanted. Located in NE Cape Coral w/ easy access to Del Prado Blvd, Burnt Store Rd, US41, and I-75.

Last Agent to Sell the Property

Denny Grimes

Keller Williams Realty Naples License #258000307 Listed on: 04/05/2021

Keller Williams Realty Naples

Co-Listed By

Brenda Martin

Keller Williams Realty Fort Myers and the Islands License #258011271

Last Buyer's Agent

Brad Cozza

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $516

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 126 x 80 x 126
  • Waterfront
  • North Facing Home
  • Rectangular Lot
  • Property is zoned RD-W

Property Views

  • Canal Views

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 2348
  • Assessor Parcel Number 25-43-23-C2-02348.0050

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$516

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 126 x 80 x 126
  • Road Surface Type: Paved
  • Co List Office Mls Id: FKWFMI
  • Co List Office Phone: (239) 236-4350
  • Subdivision Name: CAPE CORAL
  • Directions: Head into N Fort Myers via Cleveland Ave, turn left onto Del Prado Blvd N, turn right onto Averill Blvd, turn left onto Jacaranda Pkwy E, turn left onto NE 4th Pl, turn right onto NE 31st Terr, 402 is on left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 25-43-23-C2-02348.0050
  • Zoning Description: RD-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 516.0
  • Tax Block: 2348
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 6, 2021
Sold by
Cuervo Carlos
Bought by
Ladhwa Samyukta and Sheth Chintan
Seller's Agent
Denny Grimes
Keller Williams Realty Naples
Buyer's Agent
Brad Cozza
List Price
$25,000
Sold Price
$22,000
Premium/Discount to List
-$3,000
-12%
Current Estimated Value
$155,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,427
Avg. Annual Appreciation
53.11%

Purchase Details

Closed on
May 24, 2019
Sold by
Lee Associates Realty Corp
Bought by
Cuervo Carlos

Purchase Details

Closed on
Apr 8, 2005
Sold by
Velez Ligia
Bought by
Lee Associates Corp

Purchase Details

Closed on
Mar 7, 2005
Sold by
Chinchilla Fernando A
Bought by
Velez Ligia

Purchase Details

Closed on
Nov 16, 2004
Sold by
Royal West Properties Inc
Bought by
Chinchilla Fernando A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,350
Interest Rate
5.66%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Ladhwa Samyukta $22,000 Breeze Escrow And Title Inc
Cuervo Carlos -- Attorney
Lee Associates Corp $63,500 --
Velez Ligia $65,000 Patriot Title Services Llc
Chinchilla Fernando A $21,500 Gulf Breeze Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chinchilla Fernando A $19,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $22,000 -12.0% --
04/10/2021 04/10/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $25,000 -- --
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
2025 $860 $321,262 -- --
2024 $860 $26,015 -- --
2023 $768 $23,650 $0 $0
2022 $714 $22,152 $22,152 $0
2021 $492 $8,000 $8,000 $0
2020 $537 $11,600 $11,600 $0
2019 $553 $14,000 $14,000 $0
2018 $551 $15,800 $15,800 $0
2017 $490 $11,951 $11,951 $0
2016 $460 $12,000 $12,000 $0
2015 $447 $14,500 $14,500 $0
2014 $365 $11,100 $11,100 $0
2013 -- $7,600 $7,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Denny Grimes

    Seller's Agent in 2021

    Denny Grimes

    Keller Williams Realty Naples

    (239) 851-4600

    12 in this area

    550 Total Sales

    Denny Grimes
    Section Image
  • Brenda Martin

    Seller Co-Listing Agent in 2021

    Brenda Martin

    Keller Williams Realty Fort Myers and the Islands

    (239) 236-4350

    7 in this area

    84 Total Sales

    Brenda Martin
    Section Image

  • B

    Buyer's Agent in 2021

    Brad Cozza

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221020423

Florida Gulf Coast Multiple Listing Service

APN: 25-43-23-C2-02348.0050

Florida Lee County Cape Coral 33909 Diplomat

402 NE 31st Terrace, Cape Coral, FL

Not Listed for Sale

Lots

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

Nearby Homes