NOT LISTED FOR SALE

4550 SE 5th Place Unit 201 Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $240,000 - $265,000

2 Beds
2 Baths
1,022 Sq Ft
$559/mo HOA Fee

Last Sold July 19, 2024

Last sale price $303,000 $296 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,203/month

95 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Screened Porch

About This Home

As of July 2024

Talk about low maintenance and high-quality living! This 2nd floor 2-bedroom 2 bath (full) end-unit condo doesn't disappoint with views of the water within steps of entering and updates throughout. A complete open plan with the kitchen boasting new stainless-steel appliances, quartz counter tops, a deep sink and that VIEW! Located just minutes from the downtown and local waterfront favorites like the Boathouse, your only worry will be which one to choose. The property here is very well maintained and the building has a new roof, recently updated seawall, and recently painted exterior. You are sitting on a canal large enough for the titanic to pass through, gulf access with 1 bridge and your relaxing evening events will have a back drop of a sunset with the western rear exposure. Roll down shutters for peace of mind. Close to beaches, restaurants, shopping, parks, boating , fishing, hotels & airports. Make the Move to Paradise and make this condo your Home!

Last Agent to Sell the Property

George Nomikos

John R. Wood Properties License #609541710 Listed on: 04/10/2024

John R. Wood Properties

Co-Listed By

NELSON RUA

John R. Wood Properties License #258026539

Last Buyer's Agent

Mary Schwab

Elite Global Realty Group LLC License #258031304

Elite Global Realty Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1989

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Property fronts a private road
  • East Facing Home
  • Zero Lot Line

HOA Fees

  • $559 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,022 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Open Floorplan
  • Screened Porch
  • Canal Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Balcony
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 201 / 1100
  • Assessor Parcel Number 12-45-23-C3-01100.2010

Community Details

Overview

  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, trash, water
  • 16 Units
  • Association Phone (239) 542-4404
  • Low-Rise Condominium
  • Ocean Isle Rubican II Subdivision

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,092

Year Built

Built in 1989

Lot Details

0

HOA Fees

$559 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: CBRE02
  • Co List Office Phone: 239-945-1414
  • Ownership: Condo
  • Subdivision Name: OCEAN ISLE RUBICAN II
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1989
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: VirtualTour

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Interior Amenities: Breakfast Bar, Family/Dining Room, Living/Dining Room, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1022.0
  • Dining Room Type: Screened Porch
  • Stories: 2
  • Window Features: Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Landscaped
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Security/High Impact Doors, Patio
  • Patio And Porch Features: Balcony, Lanai, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest, One Space, Detached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community, Near Hotel/Motel
  • Amenities: Boat Dock, Pool
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 1676.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Trash, Water

Lot Info

  • Parcel #: 12-45-23-C3-01100.2010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 4091.58
  • Tax Block: 1100
  • Tax Lot: 201
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 12, 2024
Sold by
Gariti Robert and Gariti Ritsa
Bought by
Osting Leslie and Osting Lawrence
Seller's Agent
George Nomikos
John R. Wood Properties
Buyer's Agent
Mary Schwab
Elite Global Realty Group LLC
List Price
$305,000
Sold Price
$303,000
Premium/Discount to List
-$2,000
-0.66%
Views
127
Current Estimated Value
$252,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,250
Avg. Annual Appreciation
-13.31%
Original Mortgage
$242,400
Outstanding Balance
$239,505
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$13,245

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 27, 2021
Sold by
Burke Brian R and Burke Nancy L
Bought by
Gariti Robert and Gariti Ritsa
Seller's Agent
Ryan Newby
EXP Realty LLC
Buyer's Agent
Brad Henry
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.90%
Original Mortgage
$164,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
Jeffries Edwin E and Jeffries Beverly S
Bought by
Burke Brian Robert and Burke Nancy Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2001
Sold by
Franklin Scott and Franklin Jennifer Phillips
Bought by
Jeffries Edwin E and Jeffries Beverly J

Purchase Details

Closed on
Mar 19, 1999
Sold by
Augustine Sterling Ned and Augustine Lota June
Bought by
Franklin Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.74%

Purchase Details

Closed on
Aug 5, 1998
Sold by
Sziamer Joseph and Sziamer Halina
Bought by
Augustine Sterling Ned and Augustine Lota Jone
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Osting Leslie $303,000 Sunbelt Title
Gariti Robert $205,000 Stewart Title Company
Burke Brian Robert $135,000 Omega Title Llc
Jeffries Edwin E $86,000 --
Franklin Scott $76,900 --
Augustine Sterling Ned $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osting Leslie $242,400
Previous Owner Gariti Robert $164,000
Previous Owner Burke Brian Robert $121,500
Previous Owner Franklin Scott $69,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $303,000 +1.0% $296 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $300,000 -1.6% $294 / Sq Ft
04/10/2024 04/10/24 For Sale $305,000 +48.8% $298 / Sq Ft
04/29/2021 04/29/21 Sold $205,000 +2.6% $201 / Sq Ft View Prior Sale
03/30/2021 03/30/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $199,900 -- $196 / 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 $3,825 $193,881 -- $193,881
2024 $3,825 $215,073 -- $215,073
2023 $4,092 $221,669 $0 $0
2022 $3,535 $201,517 $0 $201,517
2021 $1,586 $136,949 $0 $136,949
2020 $1,586 $113,858 $0 $113,858
2019 $1,593 $114,665 $0 $114,665
2018 $1,619 $114,665 $0 $114,665
2017 $2,554 $122,740 $0 $122,740
2016 $781 $110,454 $0 $110,454
2015 $771 $94,300 $0 $94,300
2014 -- $87,200 $0 $87,200
2013 -- $76,400 $0 $76,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224032894

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C3-01100.2010