$225,000
SOLD APR 7, 2016
4 Beds
4 Baths
2,136 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$105 Per Sq Ft

26 Days on Market

Highlights

  • Central Heating and Cooling System
  • Ceiling Fan
  • Carpet
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Home

As of August 2022

Great income producing building in Southwest Cape Coral. *Built in 2002, each unit has 2 bedrooms, 2 bathrooms, and oversized (14'x20') 1 car garages. *Each side has it's own laundry in the garage. *Each unit also has it's own private, oversized screened lanai. *All assessments in and paid for. *Both sides mirror each other and have been very well cared for and maintained. *Hot water tanks and toilets on both sides were updated this year. Property taxes and very reasonable insurance are the only yearly expenses.

Last Agent to Sell the Property

Brian Fox

Sellstate Priority Realty License #252010268 Listed on: 02/10/2016

Last Buyer's Agent

Ellie Benda

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 2002

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,136 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, internet, pest control, telephone, water
  • Legal Lot and Block 3 / 1727
  • Assessor Parcel Number 11-45-23-C1-01727.0030

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,000
  • Net Operating Income $18,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,036

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Skyline Blvd to SW 43rd Ter to North on SW 7th Pl. Property on East side of road.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2002
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-23-C1-01727.0030
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Internet, Pest Control, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 18800.0
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 3036.0
  • Tax Block: 1727
  • Tax Lot: 3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Aug 8, 2022
Sold by
Bowers-Hodson Sueann T
Bought by
Mikhail Trakhtenberg Living Trust
Seller's Agent
Ellie Benda
Starlink Realty, Inc
Buyer's Agent
Timothy Reichert
List Price
$430,000
Sold Price
$397,000
Premium/Discount to List
-$33,000
-7.67%
Current Estimated Value
$433,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,000
Avg. Annual Appreciation
4.32%

Purchase Details

Listed on
Feb 10, 2016
Closed on
Mar 31, 2016
Sold by
Weber Dennis
Bought by
Bowers Hodson Sueann T
Seller's Agent
Brian Fox
Sellstate Priority Realty
Buyer's Agent
Ellie Benda
List Price
$224,900
Sold Price
$225,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.34%
Original Mortgage
$168,750
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 27, 2003
Sold by
Stathas Cont Inc
Bought by
Weber Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 2002
Sold by
Roitman Isaac
Bought by
Stathas Contracting Inc
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 Type Sale Price Title Company
Warranty Deed $397,000 Cape Coral Title Insurance Age
Warranty Deed $225,000 Agent Title Services Llc
Warranty Deed $185,000 --
Warranty Deed $18,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,750 Commercial
Previous Owner $148,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $397,000 -7.7% $186 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $430,000 0.0% $201 / Sq Ft
02/01/2018 02/01/18 For Rent $1,300 -99.4% --
02/01/2018 02/01/18 Rented -- -- --
01/25/2017 01/25/17 Rented -- -- --
12/26/2016 12/26/16 Under Contract -- -- --
12/21/2016 12/21/16 For Rent -- -- --
04/07/2016 04/07/16 Sold $225,000 0.0% $105 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/10/2016 02/10/16 For Sale $224,900 -- $105 / 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 $6,202 $334,130 $70,846 $258,275
2023 $6,202 $307,312 $62,640 $244,672
2022 $5,381 $243,296 $0 $0
2021 $4,802 $221,715 $38,000 $183,715
2020 $4,559 $201,071 $35,000 $166,071
2019 $4,327 $190,573 $35,000 $155,573
2018 $4,436 $192,995 $35,000 $157,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216010752

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C1-01727.0030