NOT LISTED FOR SALE

4413 SW 8th Place Unit 1-2 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $333,025 - $439,000

4 Beds
2 Baths
2,200 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 02, 2021

Last sale price $310,000 $141 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,412/month

29 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-

About This Home

As of November 2021

If you are looking for an investment property with cash flow in SW Cape Coral, don’t miss this opportunity to own a duplex with 30K in gross income! The property features a large open floor plan with 2 Bedrooms and 1 Bathroom and approximately 1100 sq. ft. on each side. Major updates to interior Tile flooring throughout both units, New Exterior paint, Double car carport with an oversized driveway and paved visitor parking spot, amazing curb appeal and New Roof in 2019. Located close to Skyline and Cape Coral Parkway close to schools, dining, and entertainment. Schedule your showing today!

Last Agent to Sell the Property

Jacklyn Rogers

RE/MAX Trend License #252012712 Listed on: 09/03/2021

RE/MAX Trend

Last Buyer's Agent

non-member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,211

Year Built

  • Built in 1978

Lot Details

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

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 21 / 3373
  • Assessor Parcel Number 10-45-23-C3-03373.0210

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,530
  • Net Operating Income $19,469

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,211

Year Built

Built in 1978

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
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1978
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • 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
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 10-45-23-C3-03373.0210
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 19469.0
  • Annual Operating Expense: 10530.0

Tax Info

  • Tax Annual Amount: 4211.0
  • Tax Block: 3373
  • Tax Lot: 21
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 2, 2021
Sold by
Land And Water Investments Llc
Bought by
Lanza Joseph Sebastian
Seller's Agent
Jacklyn Rogers
RE/MAX Trend
Buyer's Agent
non-member MLS
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$372,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,006
Avg. Annual Appreciation
4.55%
Original Mortgage
$302,808
Outstanding Balance
$277,045
Interest Rate
2.88%
Mortgage Type
FHA
Estimated Equity
$94,961

Purchase Details

Listed on
Nov 2, 2020
Closed on
Mar 9, 2021
Sold by
Leizer Properties Fl Llc
Bought by
Land And Water Investments Llc
Seller's Agent
Maureen Mitchell
Marshall Reddick Real Estate
Buyer's Agent
Jonathan Kepple
Diversified Real Estate Group
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.39%
Original Mortgage
$830,700
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 7, 2020
Sold by
Leizer Property Holdings Lp
Bought by
Leizer Properties Fl Llc

Purchase Details

Closed on
Nov 27, 2013
Sold by
Perconti Thomas J
Bought by
Leizerovich Michael

Purchase Details

Closed on
Aug 26, 2003
Sold by
Perconti James
Bought by
Perconti Thoams J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 1995
Sold by
Housing & Urban Dev
Bought by
Perconti Thomas J and Perconti Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
7.42%
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
Lanza Joseph Sebastian $310,000 Agent Title Services Llc
Land And Water Investments Llc $269,000 Agent Title Services Llc
Leizer Properties Fl Llc $100 None Listed On Document
Leizerovich Michael $106,000 Title Services Of Southwest
Perconti Thoams J $36,700 --
Perconti Thomas J $36,700 --
Perconti Thomas J $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanza Joseph Sebastian $302,808
Previous Owner Land And Water Investments Llc $830,700
Previous Owner Perconti Thomas J $110,000
Previous Owner Perconti Thomas J $69,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2021 11/02/21 Sold $310,000 -4.6% $141 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $325,000 +20.8% $148 / Sq Ft
03/10/2021 03/10/21 Sold $269,000 0.0% $122 / Sq Ft View Prior Sale
02/08/2021 02/08/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $269,000 0.0% $122 / Sq Ft
01/04/2019 01/04/19 Rented -- -- --
12/05/2018 12/05/18 Under Contract -- -- --
11/19/2018 11/19/18 For Rent -- -- --
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 $5,464 $261,921 -- --
2024 $5,464 $254,539 -- --
2023 $5,299 $247,125 $0 $0
2022 $4,996 $239,925 $42,751 $197,174
2021 $4,538 $165,219 $42,535 $122,684
2020 $4,211 $146,963 $40,000 $106,963
2019 $3,944 $134,859 $40,000 $94,859
2018 $4,001 $136,463 $32,000 $104,463
2017 $3,830 $130,818 $20,000 $110,818
2016 $3,617 $117,733 $20,587 $97,146
2015 $3,371 $101,705 $15,774 $85,931
2014 -- $86,201 $14,239 $71,962
2013 -- $76,491 $11,888 $64,603
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221063753

Florida Gulf Coast Multiple Listing Service

APN: 10-45-23-C3-03373.0210