NOT LISTED FOR SALE

507 SE 6th Ave Unit 2 Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $486,000 - $779,000

2 Beds
2 Baths
3,944 Sq Ft
$158/Sq Ft Est. Value

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • Cape Elementary School Rated A-
  • Northwest Facing Home

About This Home

As of November 2020

Centrally located 2 bedrooms and 2 bathrooms duplex in the heart of Cape Coral, right off Cultural Pkwy. Nearby to all amenities like supermarkets, restaurants, department stores etc.

Last Agent to Rent the Property

Giselle Fuentes

Innova Real Estate Corp License #258026020 Listed on: 11/18/2020

Last Renter's Agent

Naivi Velazco

Innova Real Estate Corp License #258029960

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,658

Year Built

  • Built in 1984

Lot Details

  • 0.36 Acre Lot
  • Northwest Facing Home

Parking

  • Assigned Parking

Home Design

  • Duplex

Interior Spaces

  • 3,944 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Fire and Smoke Detector
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, electricity, water
  • The owner pays for grounds care
  • Legal Lot and Block 17 / 1140
  • Assessor Parcel Number 13-44-23-C3-01140.0170

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,658

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Tenant Pays: Application Fee, Electricity, Water

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.36
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other, Duplex
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Duplex
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Range, Refrigerator
  • Owner Pays: Grounds Care
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Pantry
  • Living Area: 3944.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Private: No
  • View: Partial Buildings
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: Northwest

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 13-44-23-C3-01140.0170
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Block: 1140
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2023
Sold by
Joseph Romano Revocable Trust
Bought by
Varughese Thomas C
Current Estimated Value
$622,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Outstanding Balance
$556,344
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$65,656

Purchase Details

Closed on
Dec 31, 2004
Sold by
Pinera Hugo L and Pinera Elena
Bought by
Romano Joseph

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%
Mortgage Type
Seller Take Back
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
Varughese Thomas C $765,000 Florida Gulf Coast Title
Romano Joseph $240,000 Tradewinds Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varughese Thomas C $573,750
Previous Owner Romano Joseph $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 For Rent $1,000 +2.6% --
11/18/2020 11/18/20 Rented -- -- --
05/15/2020 05/15/20 For Rent $975 -- --
05/15/2020 05/15/20 Rented -- -- --
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 $9,658 $417,804 $86,080 $319,082
2024 $7,405 $458,082 $126,610 $317,740
2023 $7,405 $279,469 $0 $0
2022 $6,557 $253,418 $0 $0
2021 $5,987 $282,477 $49,594 $232,883
2020 $5,732 $264,036 $47,000 $217,036
2019 $5,426 $263,254 $50,000 $213,254
2018 $5,211 $251,918 $36,000 $215,918
2016 $4,546 $213,044 $19,544 $193,500
2015 $4,190 $188,891 $18,532 $170,359
2014 -- $158,427 $12,448 $145,979
2013 -- $121,869 $6,920 $114,949
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220074059

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01140.0170