NOT LISTED FOR SALE

509 Hancock Bridge Pkwy Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $196,000

6 Beds
3 Baths
2,778 Sq Ft
$71/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $320,000 $115 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $1,262/month

13 Days on Market

Highlights

  • Tile Flooring
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2020

Great Investment opportunity in this centrally located Cape Coral duplex built in 2006! Right on Hancock Bridge Parkway and close to shopping restaurants, schools, parks and local attractions such as Sun Splash Waterpark! Each side of this well maintained duplex features 3 bedrooms, 2 baths, Inside Utility, high ceilings to give that spacious feel and 2 car garages! Master suites have en-suite Bathrooms with Walk In Closets, dual vanities with granite counters and step in showers. Kitchens have wood cabinets with 42" uppers for extra storage space, dishwasher, disposal, microwave, eat in space and 1 unit has a small island attached used for breakfast bar. Both units have tile in the main living areas and carpet/wood laminate floors in the bedrooms. Sliding doors off Living area lead to a small grilling patio and good size back yard! Unit 509 has a brand new A/C system and unit 511 A/C was replaced in 2016. Both units are occupied with tenants with one side being very long term. Don't miss this great opportunity for immediate cash flow!

Last Agent to Sell the Property

Anneliese Morris

RE/MAX Alliance Group License #253500231 Listed on: 09/23/2020

Last Buyer's Agent

Nick Rinella

The Landmark Group SWFL LLC License #258029302

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,884

Year Built

  • Built in 2006

Lot Details

  • 3,572 Sq Ft Lot
  • Lot Dimensions are 80 x 134 x 80 x 134

Home Design

  • 2,778 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Stone Siding

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care
  • Legal Lot and Block 61, 62 / 1095
  • Assessor Parcel Number 13-44-23-C2-00601.0061

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,500
  • Net Operating Income $20,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,884

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.082
  • Lot Size: 80 x 134 x 80 x 134
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: From 41 take Del Prado Blvd South to Pine Island Rd and take a right, Take Pine Island Rd to Cultural Park Rd and take a left, Take Cultural Park Rd to Hancock bridge Parkway and take a right, property will be on your right
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2006
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpet, Laminate, Tile
  • Window Features: Other

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stone
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 13-44-23-C2-00601.0061
  • Zoning Description: RMF
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 20900.0
  • Annual Operating Expense: 8500.0

Tax Info

  • Tax Annual Amount: 4884.0
  • Tax Block: 1095
  • Tax Lot: 61, 62
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2020
Closed on
Nov 6, 2020
Sold by
Inland Empire Investment Fund Llc
Bought by
Crandall Jeffrey D
Seller's Agent
Anneliese Morris
RE/MAX Alliance Group
Buyer's Agent
Nick Rinella
The Landmark Group SWFL LLC
List Price
$314,900
Sold Price
$320,000
Premium/Discount to List
$5,100
1.62%
Total Days on Market
13
Current Estimated Value
$196,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,000

Purchase Details

Listed on
Jul 16, 2019
Closed on
Sep 20, 2019
Sold by
Hancock Bridge Llc
Bought by
Inland Emjire Investment Fund Llc
Seller's Agent
Ramon Santa Coloma
East West Properties
Buyer's Agent
Corey Wayland
List Price
$298,000
Sold Price
$290,000
Premium/Discount to List
-$8,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$145,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2002
Sold by
Lara Henry
Bought by
Tarantini Daniel E
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
Crandall Jeffrey D $320,000 Agent Title Services Llc
Inland Emjire Investment Fund Llc -- Agent Title Services Llc
Inland Empire Investment Fund Llc $290,000 Agent Title Services Llc
Tarantini Daniel E $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inland Empire Investment Fund Llc $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $320,000 +1.6% $115 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $314,900 +8.6% $113 / Sq Ft
09/23/2019 09/23/19 Sold $290,000 -2.7% $113 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $298,000 -- $116 / 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
2020 $2,676 $113,858 $0 $113,858
2019 -- $127,585 $0 $127,585
2018 -- $112,243 $0 $112,243
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anneliese Morris

    RE/MAX Alliance Group

  • N

    Buyer's Agent in 2020

    Nick Rinella

    The Landmark Group SWFL LLC

    (239) 257-9742

    14 in this area

    74 Total Sales

    Nick Rinella
    Section Image

  • R

    Seller's Agent in 2019

    Ramon Santa Coloma

    East West Properties

    (305) 794-1938

    6 in this area

    30 Total Sales

    Ramon Santa Coloma
    Section Image

  • C

    Buyer's Agent in 2019

    Corey Wayland

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220060661

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C2-00601.0061

Florida Lee County Cape Coral 33909 Hancock

509 Hancock Bridge Pkwy, Cape Coral, FL

This home is located at 509 Hancock Bridge Pkwy, Cape Coral, FL 33990 since 23 September 2020 and is currently priced at $196,000, approximately $70 per square foot. This property was built in 2006. 509 Hancock Bridge Pkwy is a home located in Lee County with nearby schools including Caloosa Elementary School, Hancock Creek Elementary School, and Tropic Isles Elementary School.

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