NOT LISTED FOR SALE

411 Old Burnt Store Rd N Cape Coral, FL 33993

Burnt Store Neighborhood

Estimated Value: $217,300 - $315,000

0.24 Acre
$1,115,938 Price per Acre
10,454 Sq Ft Lot

Last Sold March 22, 2021

Last sale price $160,000

Est. 67% increase in value since last sale

Current estimated payment $1,818/month

Highlights

  • Boat Dock
  • Mangrove Front
  • Oversized Lot
  • Cape Elementary School Rated A-
  • Canal View
  • Brush Vegetation

About This Lot

As of March 2021

Here is your chance to own an oversized gulf access canal lot directly across the street from the 7 Islands Project Seven Islands is a proposed mixed-use project, slated for a 48-acre stretch of land along Old Burnt Store Road in Northwest Cape Coral. Currently that land is empty, but an ambitious plan calls for attracting new commercial and residential development, along with a new hotel/resort to the site. This is your chance to lock in your property now for a situation possibly like Cape Harbour and Tarpon Point.

Last Agent to Sell the Property

Timothy Reichert

World Realty Group Inc License #258005904 Listed on: 03/22/2021

Last Buyer's Agent

Michelle Nguyen

Jones & Co Realty License #258024611

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • West Facing Home
  • Brush Vegetation
  • Oversized Lot
  • Property is zoned R1-W

Additional Features

  • Canal Views
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 24 / 4149
  • Assessor Parcel Number 07-44-23-C1-04149.0240

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Mangrove Front
  • Canal Access

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Lot Size: 85 x 125 x 85 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Veterans to Burnt Store Rd north, left on Embers turns into Old Burnt Store Rd, on the right.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot, See Remarks
  • View: Canal, Mangroves
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Sewer: Assessment Unpaid
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Assessment Unpaid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 07-44-23-C1-04149.0240
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4044.0
  • Tax Block: 4149
  • Tax Lot: 24
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 23, 2021
Sold by
Reichert Timothy E and Reichert Timothy E
Bought by
Hoang Joseph V and Hoang Mary
Seller's Agent
Timothy Reichert
World Realty Group Inc
Buyer's Agent
Michelle Nguyen
Jones & Co Realty
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Current Estimated Value
$267,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,825
Avg. Annual Appreciation
9.16%

Purchase Details

Listed on
Mar 22, 2021
Closed on
Mar 19, 2021
Sold by
Comeriato Anthony J
Bought by
Reichert Timothy E and Timothy E Richert Revocable Tr
Seller's Agent
Timothy Reichert
World Realty Group Inc
Buyer's Agent
Michelle Nguyen
Jones & Co Realty
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Purchase Details

Closed on
Sep 10, 2004
Sold by
Torres Enrique
Bought by
Comeriato Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 5, 2004
Sold by
Castellanos Ernesto
Bought by
Torres Enrique

Purchase Details

Closed on
Jan 9, 2001
Sold by
Escobar Risdaer Salvio
Bought by
Castellanol Ernesto and Meijias Judit
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 Buyer Sale Price Title Company
Hoang Joseph V $160,000 Elite Title I Llc
Reichert Timothy E $115,000 Elite Title I Llc
Comeriato Anthony J $160,000 Centurion Title Llc
Torres Enrique -- --
Castellanol Ernesto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Comeriato Anthony J $144,138
Previous Owner Comeriato Anthony J $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $160,000 -5.9% --
03/22/2021 03/22/21 For Sale $170,000 -- --
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
2024 $4,334 $151,613 -- --
2023 $5,047 $137,830 $0 $0
2022 $4,674 $117,859 $117,859 $0
2021 $3,868 $74,500 $74,500 $0
2020 $4,044 $69,000 $69,000 $0
2019 $3,954 $69,000 $69,000 $0
2018 $3,887 $64,500 $64,500 $0
2017 $1,259 $61,289 $61,289 $0
2016 $1,209 $62,000 $62,000 $0
2015 $1,121 $56,000 $56,000 $0
2014 -- $50,300 $50,300 $0
2013 -- $41,000 $41,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221021706

Florida Gulf Coast Multiple Listing Service

APN: 07-44-23-C1-04149.0240