NOT LISTED FOR SALE

Estimated Value: $1,012,000 - $1,259,000

0.24 Acre
$4,823,433 Price per Acre
10,454 Sq Ft Lot

Last Sold September 06, 2018

Last sale price $137,500

Est. 742% increase in value since last sale

Current estimated payment $7,338/month

45 Days on Market

Highlights

  • Boat Dock
  • Mangrove Front
  • View of Trees or Woods
  • Cape Elementary School Rated A-
  • Gated Community
  • Rectangular Lot

About This Lot

As of September 2018

Spectacular waterfront views on Gulf Access canal. You do not want to miss out on this gorgeous lot.This is an amazing, waterfront building site with southern exposure! Enjoy beautiful views looking down the 250' wide spreader waterway. No bridge, Gulf access for your boating pleasure!

Last Agent to Sell the Property

Fred Price

Priceless Realty, Inc. License #252011058 Listed on: 06/22/2018

Last Buyer's Agent

Deborah Cullen

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,260

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 125
  • North Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Property Views

  • Woods
  • Canal

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 24 / 5237
  • Assessor Parcel Number 01-44-22-C2-05237.0240

Community Details

Recreation

  • Boat Dock
  • Mangrove Front
  • Canal Access

Additional Features

  • Cape Coral Subdivision
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,260

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
  • Subdivision Name: CAPE CORAL
  • Directions: Head west on Diplomat Pkwy W toward NW 11th Ct
2.7 mi

Turn right onto Burnt Store Rd N
0.3 mi

Turn left onto NW 16th St
292 ft
Continue onto Gulfstream Pkwy
Make a U-turn at NW 43rd Ave
Destination will be on the right
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot, See Remarks
  • View: Canal, Mangroves, Trees/Woods
  • View: Yes
  • Waterfront Features: Canal Access, See Remarks
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Boat Facilities, Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 01-44-22-C2-05237.0240
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2260.0
  • Tax Block: 5237
  • Tax Lot: 24
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 16, 2018
Sold by
Marabar Estates Ltd
Bought by
Karlene Palmarlello Paul G and Karlene Palmarlello
Seller's Agent
Fred Price
Priceless Realty, Inc.
Buyer's Agent
Deborah Cullen
List Price
$140,000
Sold Price
$137,500
Premium/Discount to List
-$2,500
-1.79%
Current Estimated Value
$1,157,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,020,124
Avg. Annual Appreciation
34.71%

Purchase Details

Closed on
Dec 31, 2004
Sold by
Henry L Albrecht Pa
Bought by
Albrecht Henry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2004
Sold by
Albrecht Henry L
Bought by
Marabar Estates Ltd

Purchase Details

Closed on
Oct 15, 2001
Sold by
Kauumba Geri and Kauumba Anika G
Bought by
Henry L Albrecht Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.87%
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
Karlene Palmarlello Paul G $137,500 Omega Land Title Llc
Albrecht Henry L $90,000 Avalon Title Inc
Marabar Estates Ltd $650,000 Avalon Title Inc
Henry L Albrecht Inc $94,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albrecht Henry L $90,000
Previous Owner Henry L Albrecht Inc $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2018 09/06/18 Sold $137,500 -1.8% --
08/07/2018 08/07/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $140,000 -- --
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 $15,342 $1,027,769 $211,565 $737,968
2024 $13,701 $829,007 -- --
2023 $13,701 $753,643 $0 $0
2022 $12,700 $794,013 $0 $0
2021 $3,275 $176,000 $176,000 $0
2020 $3,072 $154,000 $154,000 $0
2019 $3,387 $170,500 $170,500 $0
2018 $2,581 $170,500 $170,500 $0
2017 $2,260 $133,480 $133,480 $0
2016 $2,152 $129,800 $129,800 $0
2015 $2,000 $116,600 $116,600 $0
2014 -- $115,500 $115,500 $0
2013 -- $60,700 $60,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218043360

Florida Gulf Coast Multiple Listing Service

APN: 01-44-22-C2-05237.0240