NOT LISTED FOR SALE

4641 Palm Tree Blvd Unit 7 Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $132,000 - $174,000

2 Beds
2 Baths
1,098 Sq Ft
$321/mo HOA Fee

Last Sold November 22, 2017

Last sale price $83,000 $76 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,319/month

11 Days on Market

Highlights

  • Community Pool
  • Porch
  • Built-In Features
  • Cape Elementary School Rated A-
  • Eat-In Kitchen
  • Screened Patio

About This Home

As of November 2017

This quaint and cozy two bedroom two bath condo offers a great room and screened in lanai all perfect to live the Florida relaxed lifestyle. The home features tile in main living areas and laminated wood in the bedrooms as well as tasteful paint throughout. It is conveniently located close to shopping, parks, schools and local amenities!

Last Agent to Sell the Property

Michael Lombardo

Old Glory Realty License #896013680 Listed on: 10/11/2017

Last Buyer's Agent

Miranda Pitts

Jones & Co Realty License #258019959

Jones & Co Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 1979

Lot Details

  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,098 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Double Hung Windows
  • Tile Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 7 / 2300
  • Assessor Parcel Number 12-45-23-C3-02300.0070

Community Details

Overview

  • Association fees include cable TV, insurance, legal/accounting, pest control, recreation facilities, reserve fund, trash, water
  • 8 Units
  • Association Phone (239) 542-4404
  • Palm Tree Condo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,201

Year Built

Built in 1979

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: PALM TREE CONDO
  • Directions: from Cape Coral Pkwy., head north on Palm Tree Blvd. and Condo is on your right just past SE 47th Ter.
  • Architectural Style: Ranch, One Story, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1979
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Bedroom on Main Level, Eat-in Kitchen, Tub Shower, Walk-In Closet(s)
  • Living Area: 1098.0
  • Stories: 1
  • Window Features: Double Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Storage
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Amenities: Pool, See Remarks
  • Association #2 Fee: 321.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Legal/Accounting, Pest Control, Recreation Facilities, Reserve Fund, Trash, Water

Lot Info

  • Parcel #: 12-45-23-C3-02300.0070
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1201.0
  • Tax Block: 2300
  • Tax Lot: 7
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 22, 2017
Sold by
Gabriele Jeffrey and Gabriele Jeffrey Benjamin
Bought by
Haughton Nocla
Seller's Agent
Michael Lombardo
Old Glory Realty
Buyer's Agent
Miranda Pitts
Jones & Co Realty
List Price
$80,000
Sold Price
$83,000
Premium/Discount to List
$3,000
3.75%
Current Estimated Value
$151,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,233
Avg. Annual Appreciation
7.87%
Original Mortgage
$66,400
Outstanding Balance
$55,728
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$95,505

Purchase Details

Closed on
Jun 23, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gabriele Jeffrey and Gabriele Jeffrey Benjamin

Purchase Details

Closed on
Jan 23, 2014
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 15, 2013
Sold by
Perrotto Michele A
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 10, 2010
Sold by
Perrotto Michele A
Bought by
Palm Tree Condominium Association Inc

Purchase Details

Closed on
Nov 17, 2005
Sold by
Schmitt Cassandra L and Konley Rhonda R
Bought by
Perrotto Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,040
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Schmitt Cassandra L
Bought by
Schmitt Cassandra L and Konley Rhonda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,320
Interest Rate
4.25%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2004
Sold by
Schmitt Victor and Schmitt Winifred
Bought by
Schmitt Cassandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,320
Interest Rate
4.25%
Mortgage Type
Unknown
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
Haughton Nocla $83,000 Title Junction Llc
Gabriele Jeffrey $43,900 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Bank Of America Na $20,100 None Available
Palm Tree Condominium Association Inc -- None Available
Perrotto Michele A $163,800 Progressive Title Inc
Schmitt Cassandra L -- --
Schmitt Cassandra L $95,400 Progressive Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haughton Nocla $66,400
Previous Owner Perrotto Michele A $131,040
Previous Owner Schmitt Cassandra L $76,320
Closed Schmitt Cassandra L $19,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2017 11/22/17 Sold $83,000 +3.8% $76 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $80,000 -- $73 / 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 $2,375 $118,020 -- --
2024 $2,163 $107,291 -- --
2023 $2,163 $97,537 $0 $0
2022 $1,962 $88,670 $0 $0
2021 $1,767 $88,325 $0 $88,325
2020 $1,674 $80,750 $0 $80,750
2019 $1,556 $80,750 $0 $80,750
2018 $1,366 $60,563 $0 $60,563
2017 $1,314 $58,948 $0 $58,948
2016 $1,201 $51,599 $0 $51,599
2015 $1,184 $50,000 $0 $50,000
2014 $1,051 $44,700 $0 $44,700
2013 -- $27,720 $0 $27,720
Source: Public Records

Agents Affiliated with this Home

  • Michael Lombardo

    Seller's Agent in 2017

    Michael Lombardo

    Old Glory Realty

    (239) 898-3445

    3 in this area

    252 Total Sales

    Michael Lombardo
    Section Image
  • Miranda Pitts

    Buyer's Agent in 2017

    Miranda Pitts

    Jones & Co Realty

    (239) 980-9342

    1 in this area

    89 Total Sales

    Miranda Pitts
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217061250

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C3-02300.0070

Florida Lee County Cape Coral 33904 Bimini Basin

4641 Palm Tree Blvd Unit 7, Cape Coral, FL

This home is located at 4641 Palm Tree Blvd Unit 7, Cape Coral, FL 33904 since 11 October 2017 and is currently estimated at $151,233, approximately $137 per square foot. This property was built in 1979. 4641 Palm Tree Blvd Unit 7 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes