NOT LISTED FOR SALE

4400 SW 7th Place Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $383,000 - $417,000

4 Beds
4 Baths
1,900 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $411,000 $216 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,589/month

77 Days on Market

Highlights

  • Jalousie or louvered window
  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Cape Coral High School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of July 2022

Great duplex, built for one side to be owner occupant and the other a rental unit. The larger unit, 4400 has been recently renovated. It features new flooring, new hot water heater, & new interior doors. The roof was replaced in 2019, and 2013 for the flat roofs. Both kitchens have granite counter tops and hard surface flooring throughout. The existing tenant has been there for a long time and is way below market.

Last Agent to Sell the Property

Marty Herald

ERA Cape Realty License #252000032 Listed on: 04/14/2022

Last Buyer's Agent

Yenny Carrozini

Starlink Realty, Inc License #258026052

Starlink Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1984

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Rectangular Lot
  • Sprinkler System

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,900 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, sewer, water
  • Legal Lot and Block 33 / 1714
  • Assessor Parcel Number 11-45-23-C4-01714.0330

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Building Details

  • Operating Expense $7,658
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,673

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 120 x 80 x 120
  • Subdivision Name: CAPE CORAL
  • Directions: The home is one block east of Skyline off of Cape Coral Parkway going north.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1984
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Laminate, Tile
  • Window Features: Jalousie

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, See Remarks, Stucco, Wood Frame
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Built-Up, Flat, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
  • 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: No

Lot Info

  • Parcel #: 11-45-23-C4-01714.0330
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 24000.0
  • Annual Operating Expense: 7658.33

Tax Info

  • Tax Annual Amount: 3673.0
  • Tax Block: 1714
  • Tax Lot: 33
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
Jul 8, 2022
Sold by
Mignona Revocable Trust
Bought by
Garcia Julio Perez and Garcia Melchor Perez
Seller's Agent
Marty Herald
ERA Cape Realty
Buyer's Agent
Yenny Carrozini
Starlink Realty, Inc
List Price
$419,900
Sold Price
$411,000
Premium/Discount to List
-$8,900
-2.12%
Current Estimated Value
$396,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,333
Avg. Annual Appreciation
-1.02%
Original Mortgage
$403,555
Outstanding Balance
$383,937
Interest Rate
5.09%
Mortgage Type
FHA
Estimated Equity
$12,730

Purchase Details

Closed on
Jul 1, 2021
Sold by
Mignona Matthew
Bought by
Mignona Matthew and The Mignona Revocable Trust

Purchase Details

Closed on
Apr 29, 2002
Sold by
Kritzberger Annette
Bought by
Mignona Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2002
Sold by
Matthews Janet Marie
Bought by
Mignona Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2002
Sold by
Mignona Matthew J
Bought by
Mignona Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2002
Sold by
Bernardo Nancy and Mignona Nancy Lynn
Bought by
Mignona Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Julio Perez $411,000 Omnione Title Services
Mignona Matthew -- Accommodation
Mignona Matthew J -- --
Mignona Matthew J $110,000 --
Mignona Matthew J -- --
Mignona Matthew J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Julio Perez $403,555
Previous Owner Mignona Matthew J $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $411,000 -2.1% $216 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $419,900 -- $221 / 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
2025 $6,023 $281,502 $69,445 $207,132
2024 $5,866 $295,556 $70,846 $219,034
2023 $5,866 $288,343 $100,224 $188,119
2022 $4,765 $228,299 $45,000 $183,299
2021 $3,673 $162,425 $45,000 $117,425
2020 $3,489 $147,778 $40,000 $107,778
2019 $3,238 $138,881 $40,000 $98,881
2018 $3,141 $139,711 $35,000 $104,711
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marty Herald

    ERA Cape Realty

    (239) 839-8000

    4 in this area

    20 Total Sales

    Marty Herald
    Section Image

  • Y

    Buyer's Agent in 2022

    Yenny Carrozini

    Starlink Realty, Inc

    (239) 471-6767

    2 in this area

    17 Total Sales

    Yenny Carrozini
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222025816

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C4-01714.0330

Florida Lee County Cape Coral 33914 Pelican

4400 SW 7th Place, Cape Coral, FL

Not Listed for Sale

MultiFamily

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