NOT LISTED FOR SALE

427 NE Pine Island Ln Cape Coral, FL 33909

Hancock Neighborhood
8 Beds
7 Baths
3,380 Sq Ft
0.37 Acres

Last Sold July 30, 2021

Last sale price $484,694 $143 Per Sq Ft

18 Days on Market

Highlights

  • Oversized Lot
  • Tile Flooring
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-

About This Home

As of July 2021

Quadraplex - 2 buildings featuring 3 units with 2 bedroom and 2 bath and 1 unit with 2 bedrooms 1 bath. Walking distance to stores and restaurants. All units have tenants on month to month leases and tenants wish to stay. Units are fully tiled and in good condition. Seller replaced all A/C units last year. Roof was last replaced in1998. May limit offers to cash due to insurance.

Last Agent to Sell the Property

Jill Dean

RE/MAX Realty Team License #258006512 Listed on: 06/11/2021

RE/MAX Realty Team

Last Buyer's Agent

Terry Duffy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1984

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • Oversized Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,380 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone
  • Legal Lot and Block 14 / 3596
  • Assessor Parcel Number 12-44-23-C3-03596.0140

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,342

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.372
  • Lot Size: 120 x 125 x 120 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Pine Island Rd to south on NE 2nd PL which becomes Van Loon LN to north on NE 4th Ave to east on Pine Island LN. Quadraplex on left.
  • Architectural Style: Other
  • Structure Type: Quadruplex
  • Year Built: 1984
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

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

Utilities

  • Cooling: Central Air, 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

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12-44-23-C3-03596.0140
  • Zoning Description: CORR
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5342.0
  • Tax Block: 3596
  • Tax Lot: 14
  • Tax Year: 2020

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $484,694 +7.9% $143 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $449,000 -- $133 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221042808

Florida Gulf Coast Multiple Listing Service