NOT LISTED FOR SALE

4932 Vincennes St Unit A-B Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $422,000 - $525,000

4 Beds
4 Baths
1,400 Sq Ft
$331/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $449,000 $321 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,029/month

144 Days on Market

Highlights

  • Boat Dock
  • Waterfront
  • Community Pool
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Home

As of July 2021

Buyer decided they wanted a single family....??? His loss is your gain! BACK ON MARKET
Waterfront property renting as 3 units. 1 efficiency, 1 one bedroom one bath, and 1 two bedroom two bath.
The structure intersects the canal allowing the two bedroom, two bath, canal side, "owners unit" to have exclusive use of the backyard and dock. Dependable and responsible tenants in the street side units pay $850 and $1075 per month. Great set up for an owner looking to use their unit seasonally while enjoying great monthly income. Rent Air B&B when not in residence. Extra large lot (160 x 80 ) on a wide canal allows plenty of room for your canal side pool and outdoor living. Only a short boat ride to the open river and Gulf of Mexico. Dock in place. Quite area within walking distance to the Yacht Club beach and downtown Cape Coral. Move in to the owners unit and let the tenants pay your mortgage and utilities. ($375,000 mortgage at 3.5%, 30 year = $1684 per month. Monthly income from tenants in place is $1925.)

Last Agent to Sell the Property

Patrick Mulcahy

Realty One Group MVP License #596509449 Listed on: 01/29/2021

Last Buyer's Agent

Jennifer Goode

RE/MAX Trend License #147036683

RE/MAX Trend

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1961

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 80 x 160 x 80 x 160
  • Waterfront
  • Oversized Lot

Home Design

  • Triplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Casement Windows

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV
  • Legal Lot and Block 33 / 57
  • Assessor Parcel Number 18-45-24-C1-00057.0330

Community Details

Overview

  • 3 Units
  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,000
  • Net Operating Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,475

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.299
  • Lot Size: 80 x 160 x 80 x 160
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built: 1961
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Vinyl
  • Window Features: Casement Window(s)

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: Community
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Storage
  • Property Condition: Resale
  • Roof: Shingle

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: Boat Facilities
  • Amenities: Pier, Park, Pool
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 18-45-24-C1-00057.0330
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 32000.0
  • Annual Operating Expense: 10000.0

Tax Info

  • Tax Annual Amount: 4475.0
  • Tax Block: 57
  • Tax Lot: 33
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jul 22, 2021
Sold by
Mulcahy Patrick
Bought by
Otoole Martin J
Seller's Agent
Patrick Mulcahy
Realty One Group MVP
Buyer's Agent
Jennifer Goode
RE/MAX Trend
List Price
$449,000
Sold Price
$449,000
Current Estimated Value
$462,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,999
Avg. Annual Appreciation
0.73%
Original Mortgage
$75,000
Outstanding Balance
$68,113
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$394,886

Purchase Details

Closed on
Nov 22, 2017
Sold by
Muleay Timothy
Bought by
Mulcahy Patrick

Purchase Details

Closed on
Oct 2, 2017
Sold by
City Of Cape Coral
Bought by
Mulcaby Timothy and Wright Christine F

Purchase Details

Closed on
Jul 18, 2014
Sold by
Commonsense Llc
Bought by
4932Cjmj Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 2013
Sold by
Stout Richard O and Stout Janet P
Bought by
Commonsense Llc

Purchase Details

Closed on
Jan 10, 2013
Sold by
Commonsense Llc
Bought by
Stout Richard O and Stout Janet P

Purchase Details

Closed on
Dec 4, 2002
Sold by
Giaccio Jacob and Giaccio Patricia
Bought by
Stout Richard O and Stout Jaent P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 2002
Sold by
Shelburne Kevin L
Bought by
Giaccio Jacob and Giaccio Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1997
Sold by
Tabor Elmer W and Tabor Gail L
Bought by
Shelburne Kevin L
Source: Public Records

Range of Values:

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Average Value
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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
Otoole Martin J $449,000 Agent Title Services Llc
Mulcahy Patrick -- Attorney
Mulcaby Timothy -- Attorney
4932Cjmj Land Trust $185,000 Townsend Title Insurance Age
Commonsense Llc -- None Available
Stout Richard O -- None Available
Stout Richard O $250,000 --
Giaccio Jacob $195,000 --
Shelburne Kevin L $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otoole Martin J $75,000
Previous Owner 4932Cjmj Land Trust $165,000
Previous Owner Stout Richard O $200,000
Previous Owner Giaccio Jacob $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $449,000 0.0% $321 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $449,000 -- $321 / 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 $6,884 $388,389 -- --
2024 $6,365 $353,081 $303,224 $46,111
2023 $6,365 $321,738 $201,428 $116,605
2022 $6,802 $363,007 $118,091 $244,916
2021 $4,823 $238,122 $115,994 $122,128
2020 $4,475 $199,458 $112,000 $87,458
2019 $4,261 $201,877 $116,000 $85,877
2018 $3,899 $167,152 $116,000 $51,152
2017 $3,610 $150,187 $120,000 $30,187
2016 $3,531 $147,086 $121,050 $26,036
2015 $3,308 $134,797 $79,693 $55,104
2014 $2,858 $121,002 $105,642 $15,360
2013 -- $105,599 $64,727 $40,872
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patrick Mulcahy

    Realty One Group MVP

    (239) 443-1091

    10 in this area

    16 Total Sales

    Patrick Mulcahy
    Section Image
  • Jennifer Goode

    Buyer's Agent in 2021

    Jennifer Goode

    RE/MAX

    (480) 228-9836

    3 in this area

    32 Total Sales

    Jennifer Goode
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221006302

Florida Gulf Coast Multiple Listing Service

APN: 18-45-24-C1-00057.0330

Florida Lee County Cape Coral 33904 Caloosahatchee

4932 Vincennes St Unit A-B, Cape Coral, FL

This home is located at 4932 Vincennes St Unit A-B, Cape Coral, FL 33904 since 29 January 2021 and is currently estimated at $462,999, approximately $330 per square foot. This property was built in 1961. 4932 Vincennes St Unit A-B is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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