NOT LISTED FOR SALE

Estimated Value: $259,000 - $385,000

2 Beds
2 Baths
1,065 Sq Ft
$433/mo HOA Fee

Last Sold February 24, 2022

Last sale price $395,000 $371 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,625/month

8 Days on Market

Highlights

  • Boat Dock
  • Fish Cleaning Station
  • Canal View
  • Cape Elementary School Rated A-
  • River Front
  • Contemporary Architecture

About This Home

As of February 2022

What More Can You Ask For? One of the BEST views in Cape Coral to sit and watch all the boats go by from the 8th Floor with Intersecting Water Views of the Caloosahatchee River and a canal with SW exposure!!! This Fabulous 55+ Condo is Completely Renovated to the Finest Taste including Freshly Painted, New Plumbing / Pipes and Faucets, All New Electrical Outlets, Switches, Fixtures, A/C, Hot Water Heater, All brand New Appliances, New Kitchen with Open Concept, New Carpet in Bedrooms, Remodeled Guest Bathroom and Owners Suite Bathroom, All New Decor and Furniture, New Lanai Screens with Hurricane Shutters, Storage unit located on first floor so just bring your suitcase. This is a Rare Gem and a Must See!!

Last Agent to Sell the Property

Nicole Anderson

Edgewater Realty & Homes LLC License #NAPLES-249525984 Listed on: 01/18/2022

Last Buyer's Agent

Anita Alt

Royal Shell Real Estate, Inc. License #FORT-258024007

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,015

Year Built

  • Built in 1974

Lot Details

  • River Front
  • Home fronts a canal
  • Cul-De-Sac
  • Street terminates at a dead end
  • Southwest Facing Home

HOA Fees

  • $433 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Contemporary Architecture
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Silver Rolled Roof
  • Stucco

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Guest Parking

Outdoor Features

  • No Fixed Bridges
  • Dock made with wood
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-45-24-C2-03002.8060
  • Tax Block 3002

Community Details

Overview

  • 56 Units
  • High-Rise Condominium
  • River Towers Condo

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Community Library
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Boating
  • Gulf Boat Access
  • Shuffleboard Court
  • Community Pool
  • Fish Cleaning Station

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,015

Year Built

Built in 1974

Lot Details

0

HOA Fees

$433 per month

Listing Details

  • Legal Description: RIVER TOWERS CONDO BLDG 2 OR 1011 PG 268 APT 806
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.57049784726626$-81.93245894198887$196.02$13.33$1.00$nJaGT54ZFoUbz0dQ8Lywwg
  • Building Design: High Rise (8+)
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Windows, Shutters
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 8
  • Price Per Sq Ft: 370.89
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 1065
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Foyer, Smoke Detectors
  • Kitchen: Dome Kitchen
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Casement, Impact Resistant, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal, Rolled Roof
  • Canal Width: 151-200
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Wooden Dock
  • Irrigation: Assessment Paid
  • Road: Cul-De-Sac, Dead End
  • View: Canal, Intersecting Canal, River, Water
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Canal, Intersecting Canal, River Frontage

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 239-542-4404
  • Approval: Application Fee, Interview
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Housing For Older Persons, No Rental, No RV
  • Sub Condo Name: RIVER TOWERS CONDO
  • Condo Fees: 433
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: River Towers Condo
  • Amenities: BBQ - Picnic, Community Boat Dock, Community Pool, Community Room, Extra Storage, Fish Cleaning Station, Library, Shuffleboard, Trash Chute, Underground Utility
  • Community Type: Boating, Condo/Hotel
  • Units In Building: 56
  • Total Number of Units: 108

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Unit: 806
  • Section: 8
  • Total Area: 1065
  • Waterfront: Yes
  • Acres: 0.2400
  • Rear Exposure: Southwest
  • Lot Description: Cul-De-Sac, Dead End
  • Parcel Number: 08-45-24-C2-03002.8060

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County, Homestead
  • Taxes: 2015.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 18, 2022
Sold by
Heckmann Michael S
Bought by
Tamara F Fracasso Declaration Of Trust and Fracasso
Seller's Agent
Nicole Anderson
Edgewater Realty & Homes LLC
Buyer's Agent
Anita Alt
Royal Shell Real Estate, Inc.
List Price
$405,000
Sold Price
$395,000
Premium/Discount to List
-$10,000
-2.47%
Current Estimated Value
$327,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,590
Avg. Annual Appreciation
-5.18%

Purchase Details

Closed on
May 10, 2016
Sold by
Kies Mary Ann
Bought by
Roess Michael and Roess Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2015
Sold by
Munao Florence and Munao Florence M
Bought by
Munao Florence M and Florence M Munao Declaration Of Trust

Purchase Details

Closed on
Jun 4, 2015
Sold by
Kies Mary Ann M
Bought by
Munao Florence

Purchase Details

Closed on
Jan 14, 2000
Sold by
Leach Raymond L
Bought by
Kies Mary Ann M
Source: Public Records

Range of Values:

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Average Value
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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
Tamara F Fracasso Declaration Of Trust $395,000 Fidelity National Title
Roess Michael $168,000 Stewart Title Co
Munao Florence M -- Attorney
Munao Florence -- Attorney
Kies Mary Ann M $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roess Michael $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $395,000 -2.5% $371 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $405,000 +122.5% $380 / Sq Ft
11/17/2020 11/17/20 Sold $182,000 -3.7% $171 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $189,000 -- $177 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $4,930 $279,393 -- --
2023 $4,485 $253,994 $0 $296,951
2022 $2,062 $150,655 $0 $0
2021 $2,099 $146,267 $0 $146,267
2020 $2,842 $142,928 $0 $142,928
2019 $2,844 $143,735 $0 $143,735
2018 $2,917 $144,543 $0 $144,543
2017 $2,844 $138,890 $0 $138,890
2016 $2,784 $136,659 $0 $136,659
2015 $2,566 $119,800 $0 $119,800
2014 -- $109,800 $0 $109,800
2013 -- $104,000 $0 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222003158

Naples Area Board of REALTORS®

APN: 08-45-24-C2-03002.8060