NOT LISTED FOR SALE

Estimated Value: $1,073,000 - $1,321,000

0.29 Acre
$3,991,728 Price per Acre
12,632 Sq Ft Lot

Last Sold March 05, 2019

Last sale price $117,500

Est. 885% increase in value since last sale

Current estimated payment $7,513/month

121 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Canal Access
  • Cape Elementary School Rated A-
  • Bay View
  • Corner Lot

About This Lot

As of March 2019

This lot is among the few, it is prime with Gulf access, no bridges, super wide and deep water. This spectacular lot is ready for your new custom home. The neighborhood is upscale and Prime-location off Old Burnt Store Road.

Last Agent to Sell the Property

Vernon Gantt

Luxury Island Realty Inc License #837006328 Listed on: 10/04/2018

Last Buyer's Agent

Lois Lemke

Experience Real Estate Group License #258026851

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,652

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 55 x 125 x 136 x 125
  • Home fronts navigable water
  • Property fronts a private road
  • Southeast Facing Home
  • Corner Lot
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Bay
  • Gulf
  • Canal

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 1 / 5414
  • Assessor Parcel Number 24-43-22-C4-05414.0010

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,652

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.29
  • Lot Size: 55 x 125 x 136 x 125
  • Road Frontage Type: Private Road
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Corner Lot, Rectangular Lot
  • View: Bay, Canal, Gulf, Partial
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water
  • Waterfront: Yes
  • Direction Faces: Southeast

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Phone Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 24-43-22-C4-05414.0010
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1652.0
  • Tax Block: 5414
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2018
Closed on
Mar 4, 2019
Sold by
Drainin Scott
Bought by
Marcolini John and Marcolini Laurel A
Seller's Agent
Vernon Gantt
Luxury Island Realty Inc
Buyer's Agent
Lois Lemke
Experience Real Estate Group
List Price
$124,900
Sold Price
$117,500
Premium/Discount to List
-$7,400
-5.92%
Current Estimated Value
$1,157,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,040,101
Avg. Annual Appreciation
42.85%

Purchase Details

Closed on
Dec 18, 2015
Sold by
Moe Jorn Roar
Bought by
Draizin Scott

Purchase Details

Closed on
Apr 26, 2013
Sold by
Equity Trust Company
Bought by
Moe Jorn Roar

Purchase Details

Closed on
Aug 3, 2012
Sold by
Wells Fargo Bank Na
Bought by
Equity Trust Company and Brian G Mildebrandt Ira

Purchase Details

Closed on
Mar 27, 2012
Sold by
Demogenes Tom and Demogenes Susan
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 20, 2004
Sold by
Laberge E and Laberge Margaret
Bought by
Demongenes Tom and Demogenes Susan
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
Marcolini John $117,500 Omega Land Title Llc
Draizin Scott $85,000 Fidelity Natl Title Fl Inc
Moe Jorn Roar $65,700 Old Florida Title
Equity Trust Company $47,600 Century Title Closing & Escr
Wells Fargo Bank Na -- Rels Title
Demongenes Tom $119,000 Cape Coral Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demogenes Tom $212,918
Previous Owner Demogenes Tom $237,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $117,500 -5.9% --
02/03/2019 02/03/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $124,900 -- --
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 $14,472 $888,600 -- --
2023 $14,472 $888,600 $0 $0
2022 $13,399 $832,474 $118,250 $714,224
2021 $1,954 $102,300 $102,300 $0
2020 $1,778 $82,500 $82,500 $0
2019 $1,495 $63,800 $63,800 $0
2018 $1,481 $61,600 $61,600 $0
2017 $1,652 $83,253 $83,253 $0
2016 $1,405 $58,300 $58,300 $0
2015 $1,538 $64,900 $64,900 $0
2014 -- $58,850 $58,850 $0
2013 -- $38,500 $38,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218065305

Florida Gulf Coast Multiple Listing Service

APN: 24-43-22-C4-05414.0010