NOT LISTED FOR SALE

Estimated Value: $568,000 - $757,000

0.36 Acre
$1,828,311 Price per Acre
15,682 Sq Ft Lot

Last Sold December 14, 2018

Last sale price $97,000

Est. 579% increase in value since last sale

Current estimated payment $4,100/month

305 Days on Market

About This Lot

As of December 2018

If you're looking to build your Florida Dream home, THIS IS the property to buy! *Located in one of Cape Coral's exclusive neighborhoods, this property sits directly across the street from MILLION DOLLAR homes on the Spreader canal. *TRIPLE PARCEL lot (125'x125') allows for plenty of room to build your new home and can easily fit a 3 or 4 car garage* All utility assessments are PAID IN FULL. There are many lots in Cape Coral, but there are only a few with a prime location like this. Don't hesitate to take a look, you won't be disappointed!

Last Agent to Sell the Property

Brian Fox

Sellstate Priority Realty License #252010268 Listed on: 01/12/2018

Last Buyer's Agent

James Sommers Pa

RE/MAX Trend License #258004921

RE/MAX Trend

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,242

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 125 x 125 x 125 x 125
  • West Facing Home
  • Oversized Lot
  • Property is zoned RD-D

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 4982
  • Assessor Parcel Number 08-45-23-C4-04982.0080

Property Details

Property Type

Land

Est. Annual Taxes

$1,242

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.36
  • Lot Size: 125 x 125 x 125 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy to right on Sands Blvd. to left on SW 44th Ter to right on SW 28th Place.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: Assessment Paid
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Water Source: Assessment Paid

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 08-45-23-C4-04982.0080
  • Zoning Description: RD-D
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1242.0
  • Tax Block: 4982
  • Tax Lot: 8
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2018
Closed on
Dec 14, 2018
Sold by
Bonke Fred and Bonke Karen M
Bought by
Sabiston Matthew S and Sabiston Jennifer
Seller's Agent
Brian Fox
Sellstate Priority Realty
Buyer's Agent
James Sommers Pa
RE/MAX Trend
List Price
$119,000
Sold Price
$97,000
Premium/Discount to List
-$22,000
-18.49%
Current Estimated Value
$658,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$561,192
Avg. Annual Appreciation
33.55%
Original Mortgage
$77,600
Interest Rate
4.49%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 17, 2017
Sold by
Bonke Fred and Bonke Karen M
Bought by
Bonke Fred and Bonke Karen Marie

Purchase Details

Closed on
Nov 30, 2004
Sold by
Cox Frank
Bought by
Bonke Fred and Bonke Karen M

Purchase Details

Closed on
Jul 16, 2004
Sold by
Serrago James A
Bought by
Cox Frank

Purchase Details

Closed on
Apr 29, 1998
Sold by
Short Edward J
Bought by
Serrago James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,400
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
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
Sabiston Matthew S $97,000 Agent Title Services Llc
Bonke Fred -- Attorney
Bonke Fred $165,000 Bay Title Services
Cox Frank $116,400 Bay Title Services
Serrago James A $15,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabiston Jennifer $367,650
Closed Sabiston Matthew S $372,510
Closed Sabiston Matthew S $77,600
Previous Owner Serrago James A $12,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $97,000 -18.5% --
11/14/2018 11/14/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $119,000 -- --
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 $6,167 $379,045 -- --
2023 $6,167 $368,005 $0 $0
2022 $4,909 $300,750 $0 $0
2021 $5,060 $291,990 $66,700 $225,290
2020 $1,542 $66,700 $66,700 $0
2019 $1,628 $66,700 $66,700 $0
2018 $1,148 $57,500 $57,500 $0
2017 $1,242 $79,054 $79,054 $0
2016 $1,026 $54,050 $54,050 $0
2015 $961 $50,600 $50,600 $0
2014 $727 $27,170 $27,170 $0
2013 -- $23,500 $23,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218003308

Florida Gulf Coast Multiple Listing Service

APN: 08-45-23-C4-04982.0080