NOT LISTED FOR SALE

Estimated Value: $481,000 - $568,000

5 Beds
4 Baths
2,375 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $486,000 $205 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,507/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of June 2022

Best Deal in a Duplex, Roof replaced 5/20/2022, 2 Yr old air handler on left side, Left Unit has 3 bedrooms & 2 baths, right side has 2 bedrooms & 2 baths. Both Units have all Tile floors, inside laundry, vaulted ceilings, Breakfast Bar, Updated light fixtures and fans. Both bedrooms on the right side have walk-in closets, both have fenced yards. The left side also has a patio. Great Neighborhood. Brand new AC installed on the right side 6/02/2022.

Last Agent to Sell the Property

Richard Hewins

Gulf Gateway Realty, Inc. License #252000667 Listed on: 06/01/2022

Last Buyer's Agent

Nicholas Bejelis

Starlink Realty, Inc License #258023403

Starlink Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 2005

Lot Details

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

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,375 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for credit check, cable TV, electricity, internet, pest control, sewer, trash collection, water
  • Legal Lot and Block 11 / 1715
  • Assessor Parcel Number 11-45-23-C4-01715.0110

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,166
  • Net Operating Income $37,834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,173

Year Built

Built in 2005

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: Cape Coral Pkwy, Right onto Skyline Blvd, Right onto SW 45th Street, Left onto SW 7th Place
  • Architectural Style: Traditional
  • Structure Type: Duplex
  • Year Built: 2005
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Patio
  • Patio And Porch Features: Patio
  • 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

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

Lot Info

  • Parcel #: 11-45-23-C4-01715.0110
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Credit Check, Cable TV, Electricity, Internet, Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 37834.0
  • Annual Operating Expense: 10166.0

Tax Info

  • Tax Annual Amount: 5173.1
  • Tax Block: 1715
  • Tax Lot: 11
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 22, 2022
Sold by
Schlichting Dean A and Schlichting Karen S
Bought by
Knowles Land Company
Seller's Agent
Richard Hewins
Gulf Gateway Realty, Inc.
Buyer's Agent
Nicholas Bejelis
Starlink Realty, Inc
List Price
$494,000
Sold Price
$486,000
Premium/Discount to List
-$8,000
-1.62%
Current Estimated Value
$519,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,000
Avg. Annual Appreciation
0.58%

Purchase Details

Closed on
Apr 12, 2017
Sold by
Midland Ira Inc
Bought by
Schlichting Dean A and Schlichting Karen S

Purchase Details

Closed on
Oct 12, 2009
Sold by
Federal National Mortgage Association
Bought by
Entrust Freedom Llc

Purchase Details

Closed on
Aug 21, 2009
Sold by
Mondeja Gisela
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2007
Sold by
Otano George Luis and Otano Martha
Bought by
Mondeja Gisela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2003
Sold by
Surdi Louie
Bought by
Otano George Luis and Otano Martha
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
Knowles Land Company $486,000 Florida Title & Escrow Group
Schlichting Dean A $255,000 Fidelity National Title Of F
Entrust Freedom Llc $111,000 New House Title Llc
Federal National Mortgage Association -- Attorney
Mondeja Gisela $370,000 Absolute Title
Otano George Luis $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mondeja Gisela $74,000
Previous Owner Mondeja Gisela $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $486,000 -1.6% $205 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $494,000 -- $208 / 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 $8,142 $437,623 $70,846 $357,447
2023 $8,142 $426,953 $100,224 $325,046
2022 $5,792 $265,768 $0 $0
2021 $5,173 $241,944 $46,326 $195,618
2020 $4,913 $219,643 $40,000 $179,643
2019 $4,665 $208,352 $40,000 $168,352
2018 $4,765 $209,962 $35,000 $174,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222039857

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C4-01715.0110