$247,000
SOLD JUL 27, 2020

4530 SW 7th Place Unit A-B Cape Coral, FL 33914

Pelican Neighborhood
4 Beds
4 Baths
1,998 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$124 Per Sq Ft

1% Above List Price

78 Days on Market

Highlights

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

About This Home

As of July 2020

Take advantage of this unique duplex with shared/HEATED POOL. With 2 bed, 2 bath and close to 1,000 sq.ft. living space per side, this income producing property is ideal for investment. Kitchen features newer cabinets with dove tail soft close drawers and granite counter tops as well as newer laminate flooring. Bathrooms also offer granite counter tops as well as tiled shower walls. Spacious master suite. Located in an ideal Cape Coral neighborhood, south of veterans and centrally located close to tons of shopping, dining and entertainment as well as quick access to Fort Myers. Don't miss out on this opportunity!

Last Agent to Sell the Property

Patrick Huston Pa

RE/MAX Trend License #258020968 Listed on: 04/09/2020

RE/MAX Trend

Last Buyer's Agent

Erik Fine

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 1981

Lot Details

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

Home Design

  • Duplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,998 Sq Ft Home
  • Partially Furnished
  • Single Hung Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Legal Lot and Block 33 / 1712
  • Assessor Parcel Number 11-45-23-C4-01712.0330

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,860
  • Net Operating Income $10,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,257

Year Built

Built in 1981

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: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Laminate, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Tile

Utilities

  • Cooling: Central Air, 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-C4-01712.0330
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 10140.0
  • Annual Operating Expense: 1860.0

Tax Info

  • Tax Annual Amount: 3257.0
  • Tax Block: 1712
  • Tax Lot: 33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Jul 27, 2020
Sold by
Diederich Michael D
Bought by
Dobbs Justen and Dobbs Natasha
Seller's Agent
Patrick Huston Pa
RE/MAX Trend
Buyer's Agent
Erik Fine
List Price
$245,000
Sold Price
$247,000
Premium/Discount to List
$2,000
0.82%
Current Estimated Value
$386,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,429
Avg. Annual Appreciation
9.54%
Original Mortgage
$185,250
Outstanding Balance
$164,330
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$231,325

Purchase Details

Closed on
Mar 9, 2009
Sold by
Lillie Augustina A and Lillie John J
Bought by
Lillie Augustina A

Purchase Details

Closed on
Oct 2, 2000
Sold by
Barber Denise Talarico and Barber Brawn
Bought by
Locascio Joseph P

Purchase Details

Closed on
Jun 14, 1999
Sold by
Bialon Klaus Peter
Bought by
Barber Denise Talarico and Barber Brawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,100
Interest Rate
7.04%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $247,000 Landsel Title Agency Inc
Interfamily Deed Transfer -- Attorney
Warranty Deed $108,700 --
Warranty Deed $82,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,250 New Conventional
Previous Owner $66,100 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Rented -- -- --
01/20/2021 01/20/21 Under Contract -- -- --
01/06/2021 01/06/21 For Rent $1,400 0.0% --
09/28/2020 09/28/20 Rented -- -- --
08/29/2020 08/29/20 Under Contract -- -- --
08/04/2020 08/04/20 For Rent $1,400 0.0% --
07/27/2020 07/27/20 Sold $247,000 +0.8% $124 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
04/09/2020 04/09/20 For Sale $245,000 -- $123 / 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 $5,181 $241,857 -- --
2023 $2,884 $100,234 $100,224 $10
2022 $4,577 $199,882 $0 $0
2021 $4,085 $181,711 $45,000 $136,711
2020 $3,477 $165,540 $40,000 $125,540
2019 $3,257 $159,070 $40,000 $119,070
2018 $3,036 $138,885 $35,000 $103,885
2017 $2,901 $135,651 $25,000 $110,651
2016 $2,659 $119,360 $25,313 $94,047
2015 $2,433 $103,000 $15,517 $87,483
2014 $2,163 $81,173 $12,040 $69,133
2013 -- $72,601 $10,013 $62,588
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220024863

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C4-01712.0330