NOT LISTED FOR SALE

Estimated Value: $386,000 - $451,000

4 Beds
4 Baths
2,060 Sq Ft
$206/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $280,000 $136 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,660/month

8 Days on Market

Highlights

  • Patio
  • Tile Flooring
  • High Speed Internet
  • Cape Coral High School Rated A-
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of October 2020

Nice place for sale in the center of Cape Coral, 2/2 duplex for sale. Both unit are currently rented. Both side have kitchen renovation , left side have a bathroom renovation. New paint was done this year. Have been a great rental property.

Last Agent to Sell the Property

Yanney Rojas Vega

Best Deals Realty LLC License #258026145 Listed on: 09/10/2020

Last Buyer's Agent

non-member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,363

Year Built

  • Built in 1984

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,060 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet
  • Legal Lot and Block 5 / 1714
  • Assessor Parcel Number 11-45-23-C4-01714.0050

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,000
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,363

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: 120 x 80 x 80 x 120
  • Subdivision Name: CAPE CORAL
  • Directions: North on Skyline, property on right. South of Mohawk
  • 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: Tile
  • Interior Amenities: High Speed Internet
  • Window Features: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-23-C4-01714.0050
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 18600.0
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 3363.0
  • Tax Block: 1714
  • Tax Lot: 5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 19, 2020
Sold by
Leon Yoanni Suarez
Bought by
Ferrer Alex Adrian Cardenas
Seller's Agent
Yanney Rojas Vega
Best Deals Realty LLC
Buyer's Agent
non-member MLS
List Price
$285,900
Sold Price
$280,000
Premium/Discount to List
-$5,900
-2.06%
Current Estimated Value
$424,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,333
Avg. Annual Appreciation
8.39%
Original Mortgage
$274,928
Outstanding Balance
$244,088
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$180,245

Purchase Details

Closed on
Mar 20, 2014
Sold by
Fordham Properties Llc
Bought by
Fordham Llc

Purchase Details

Closed on
Jan 31, 2014
Sold by
Elite Residences Llc
Bought by
Fordham Properties Llc

Purchase Details

Closed on
Jan 12, 2010
Sold by
Wells Fargo Bank Na
Bought by
Elite Residences Llc

Purchase Details

Closed on
Sep 15, 2009
Sold by
Tran Vivian
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 2, 2005
Sold by
Billings Glenn D
Bought by
Tran Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2005
Sold by
Glenn D Billings Living Trust
Bought by
Billings Glenn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
4.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 1998
Sold by
Billings Glenn D and Billings Jean A
Bought by
Billings Glenn D
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
Ferrer Alex Adrian Cardenas $280,000 Landsel Title Agency Inc
Fordham Llc -- None Available
Fordham Properties Llc $105,000 Townsend Title Insurance Age
Elite Residences Llc $56,000 Multiple
Wells Fargo Bank Na -- None Available
Tran Vivian $255,000 Executive Title Ins Svcs Inc
Billings Glenn D -- --
Billings Glenn D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrer Alex Adrian Cardenas $274,928
Previous Owner Tran Vivian $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2020 10/19/20 Sold $280,000 -2.1% $136 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $285,900 +24.8% $139 / Sq Ft
01/07/2020 01/07/20 Sold $229,000 -10.2% $111 / Sq Ft View Prior Sale
12/08/2019 12/08/19 Pending -- -- --
07/08/2019 07/08/19 For Sale $255,000 -- $124 / 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 $5,128 $238,346 -- --
2024 $4,828 $216,678 -- --
2023 $4,828 $196,980 $0 $0
2022 $4,216 $179,073 $0 $0
2021 $3,757 $162,794 $45,000 $117,794
2020 $3,567 $147,775 $40,000 $107,775
2019 $3,363 $138,894 $40,000 $98,894
2018 $3,383 $140,518 $35,000 $105,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220057455

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C4-01714.0050