NOT LISTED FOR SALE

Estimated Value: $613,630 - $771,000

8 Beds
8 Baths
4,274 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $600,000 $140 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,696/month

107 Days on Market

Highlights

  • Tile Flooring
  • Awning
  • Ceiling Fan
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • 5-minute walk to Four Freedoms Park

About This Home

As of December 2021

Fully leased in a great location in downtown Cape Coral. Close to shopping, restaurants, and more. Easy access to Fort Myers via the Cape Coral bridge.

Last Agent to Sell the Property

Ted Fitzgeorge

Schooner Bay Realty, Inc. License #252000383 Listed on: 08/11/2021

Last Buyer's Agent

Dena Wilcoxen

Premier Sotheby's Int'l Realty License #3161382

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,411

Year Built

  • Built in 1978

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125

Home Design

  • Quadruplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,274 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, sewer, telephone, water
  • Legal Lot and Block 15 / 83
  • Assessor Parcel Number 13-45-23-C2-00083.0150

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $18,660
  • Net Operating Income $29,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,411

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.344
  • Lot Size: 120 x 125 x 120 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Parkway to south on Triton Court E. Property is on the left.
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Quadruplex
  • Year Built: 1978
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Carpet, Tile

Exterior Features

  • Lot Features: Multiple lots
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Awning(s)
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), 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: Call, Conditional

Lot Info

  • Parcel #: 13-45-23-C2-00083.0150
  • Zoning Description: SC
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 29940.0
  • Annual Operating Expense: 18660.0

Tax Info

  • Tax Annual Amount: 7411.0
  • Tax Block: 83
  • Tax Lot: 15
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Dec 17, 2021
Sold by
Hogreef Clarence F and The Clarence F Hogrefe Revocab
Bought by
Trumbull Steven Edward and Trumbull Cindy Lou
Seller's Agent
Ted Fitzgeorge
Schooner Bay Realty, Inc.
Buyer's Agent
Dena Wilcoxen
Premier Sotheby's Int'l Realty
List Price
$800,000
Sold Price
$600,000
Premium/Discount to List
-$200,000
-25%
Current Estimated Value
$686,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,408
Avg. Annual Appreciation
2.28%
Original Mortgage
$450,000
Outstanding Balance
$416,600
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$234,371

Purchase Details

Closed on
Feb 1, 2013
Sold by
Rts Of Cape Coral Inc
Bought by
Hogrefe Clarence F

Purchase Details

Closed on
Nov 2, 2005
Sold by
Hogrefe Clarence F and Hogrefe Ruth I
Bought by
Rts Of Cape Coral Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,425,000
Interest Rate
5.76%
Mortgage Type
Seller Take Back
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
Trumbull Steven Edward $600,000 Palm Title Associates Inc
Hogrefe Clarence F $1,634,700 Attorney
Rts Of Cape Coral Inc $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trumbull Steven Edward $450,000
Previous Owner Rts Of Cape Coral Inc $2,425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $600,000 -25.0% $140 / Sq Ft
11/27/2021 11/27/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $800,000 -- $187 / 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 $10,862 $525,400 -- --
2023 $9,938 $477,636 $82,729 $394,907
2022 $10,845 $558,762 $46,000 $512,762
2021 $7,885 $392,284 $46,000 $346,284
2020 $7,411 $344,808 $34,500 $310,308
2019 $7,020 $347,232 $34,500 $312,732
2018 $6,586 $310,874 $34,500 $276,374
2017 $6,224 $293,150 $28,750 $264,400
2016 $5,685 $257,445 $28,750 $228,695
2015 $5,214 $223,799 $18,860 $204,939
2014 -- $172,957 $15,755 $157,202
2013 -- $201,000 $11,100 $189,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221058340

Florida Gulf Coast Multiple Listing Service

APN: 13-45-23-C2-00083.0150