NOT LISTED FOR SALE

4948 Sorrento Ct Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $836,000 - $1,642,000

0.3 Acre
$4,401,691 Price per Acre
13,112 Sq Ft Lot

Last Sold April 26, 2021

Last sale price $625,000 $353 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $8,555/month

72 Days on Market

Highlights

  • Boat Dock
  • Oversized Lot
  • Waterfront Basin
  • Cape Elementary School Rated A-

About This Lot

As of April 2021

South Cape. Oversized direct access lot with no bridges or locks. Deep Water. Beautiful SW view across 400' basin. Perfect for Large boat! New homes going up all around. Build a large custom home with infinite edge pool looking across the basin. Nice cooling sea breezes blow right into pool area. Dolphins and manatees frequent this spot. Beautiful sunsets. 10 minutes to river. Lowest priced oversized lot with big water view available. Short walk or bike ride to Downtown. Close to other amenities like public beach at The Cape Coral Yacht Club Beach and parks. No assessments. Ask agent about Custom Home Designs. Please don't enter property without appointment. Home will be torn down after contract.

Last Agent to Sell the Property

Thomas Sayers

Miloff Aubuchon Realty Group License #252012559 Listed on: 01/13/2021

Miloff Aubuchon Realty Group

Last Buyer's Agent

Karen Terbenche

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,888

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 130 x 100 x 130
  • Northeast Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 23 / 99
  • Assessor Parcel Number 13-45-23-C1-00099.0240

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Waterfront Basin

Property Details

Property Type

Land

Est. Annual Taxes

$1,888

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.301
  • Lot Size: 100 x 130 x 100 x 130
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: West on Cape Coral Pkwy, Left on Sorrento.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • Waterfront Features: Basin
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: Northeast

Utilities

  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Current Use: Single Family
  • Parcel #: 13-45-23-C1-00099.0240
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1888.0
  • Tax Block: 99
  • Tax Lot: 23
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Hill Kevin A
Bought by
Hill Kevin A and Hill Marian
Current Estimated Value
$1,324,909

Purchase Details

Listed on
Jan 13, 2021
Closed on
Apr 26, 2021
Sold by
Sayers Thomas P and Sayers Kathryn M
Bought by
Hill Kevin A
Seller's Agent
Thomas Sayers
Miloff Aubuchon Realty Group
Buyer's Agent
Karen Terbenche
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.13%
Original Mortgage
$500,000
Outstanding Balance
$449,604
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$875,305

Purchase Details

Closed on
Aug 24, 2011
Sold by
Sayers Thomas P and Sayers Kathryn M
Bought by
Sayers Thomas P and Sayers Kathryn M

Purchase Details

Closed on
Jul 26, 2004
Sold by
Mantes Linda and Mantes Thomas
Bought by
Sayers Thomas P and Sayers Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2001
Sold by
Sayers Thomas and Sayers Kathryn M
Bought by
Sayers Thomas P and Sayers Kathryn M
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 Buyer Sale Price Title Company
Hill Kevin A -- None Available
Hill Kevin A $625,000 Omnione Title Services
Sayers Thomas P -- None Available
Sayers Thomas P $325,000 Invest Sw Title Services
Sayers Thomas P $38,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Kevin A $500,000
Previous Owner Sayers Thomas P $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $625,000 -5.2% $353 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $659,000 -- $372 / 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 $19,441 $1,254,607 -- --
2024 $5,800 $1,219,249 $598,343 $478,230
2023 $5,800 $320,605 $0 $0
2022 $4,986 $291,459 $291,459 $0
2021 $1,664 $291,614 $224,903 $66,711
2020 $1,888 $113,408 $0 $0
2019 $1,821 $110,858 $0 $0
2018 $1,798 $108,791 $0 $0
2017 $1,752 $106,553 $0 $0
2016 $1,699 $217,770 $210,654 $7,116
2015 $1,686 $209,495 $177,974 $31,521
2014 -- $215,197 $164,655 $50,542
2013 -- $172,307 $152,912 $19,395
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Thomas Sayers

    Miloff Aubuchon Realty Group

    (239) 470-5318

    1 in this area

    13 Total Sales

    Thomas Sayers
    Section Image

  • K

    Buyer's Agent in 2021

    Karen Terbenche

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221003152

Florida Gulf Coast Multiple Listing Service

APN: 13-45-23-C1-00099.0240

Florida Lee County Cape Coral 33904 Bimini Basin

4948 Sorrento Ct, Cape Coral, FL

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