NOT LISTED FOR SALE

509 NE 24th Place Unit 1-3 Cape Coral, FL 33909

Hancock Neighborhood

Estimated Value: $532,000 - $626,000

6 Beds
6 Baths
3,339 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $385,000 $115 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,978/month

267 Days on Market

Highlights

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

About This Home

As of August 2020

Centrally located Cape Coral Triplex with garages, all assessments in and paid, just minutes to downtown Ft Myers! Units feature two bedrooms, two bathrooms, vaulted ceilings, inside laundry with spacious laundry room and 1113 sq ft of living area each. These apartments are COMPLETELY tiled, provide lots of storage, screened lanais and Detached 3 car garage in front of building with access door for each unit. Master bedrooms feature his and her closets, bathroom includes his and her vanity's! Grab this deal before it's gone! Inspection shows roof is at the end of it's life, price reduced to compensate. Estimate for roof attached.

Last Agent to Sell the Property

Jessica King-Ehrhardt

Florida Resale Properties Inc License #258027872 Listed on: 10/18/2019

Co-Listed By

Lisa Wiskowski

Florida Resale Properties Inc License #252000462

Last Buyer's Agent

Lisa Wiskowski

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,120

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120 x 135 x 120 x 135
  • Sprinkler System

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,339 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, pet deposit, sewer, water
  • Legal Lot and Block 11 / 1551
  • Assessor Parcel Number 09-44-24-C1-01551.0110

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,120

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.372
  • Lot Size: 120 x 135 x 120 x 135
  • Road Surface Type: Paved
  • Co List Office Mls Id: CFLRSP
  • Co List Office Phone: (239) 995-5260
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Traditional
  • Structure Type: Triplex
  • Year Built: 2004
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Private Spa: No
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Other

Exterior Features

  • Lot Features: Multiple lots, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Other Structures: Outbuilding
  • 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 #: 09-44-24-C1-01551.0110
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Pet Deposit, Sewer, Water

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 38100.0

Tax Info

  • Tax Annual Amount: 6120.0
  • Tax Block: 1551
  • Tax Lot: 11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Aug 11, 2020
Sold by
Tcjbn Llc
Bought by
D S J Investment Properties Llc
Seller's Agent
Jessica King-Ehrhardt
Florida Resale Properties Inc
Buyer's Agent
Lisa Wiskowski
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Current Estimated Value
$590,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,889
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
May 4, 2016
Sold by
Cirrincione Guiseppina and Cirrincione Biagio
Bought by
Tcjbn Llc

Purchase Details

Closed on
Mar 15, 2006
Sold by
Devaguptapu Seshagiri Rao and Devaguptapu Padma Rao
Bought by
Cirrincione Guesippina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,600
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 1999
Sold by
City Of Cape Coral
Bought by
Devaguptapu Seshagiri Rao and Devaguptapu Padma Rao

Purchase Details

Closed on
Mar 25, 1997
Sold by
Clerk Circuit Court
Bought by
City Of Cape Coral
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
D S J Investment Properties Llc $385,000 Florida Gulf Coast Ttl Speci
Tcjbn Llc -- None Available
Cirrincione Guesippina $447,000 Tradewinds Title Inc
Devaguptapu Seshagiri Rao $7,000 --
City Of Cape Coral $5,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cirrincione Guesippina $357,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $385,000 -14.4% $115 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $450,000 -- $135 / 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 $9,091 $485,593 -- --
2023 $9,091 $441,448 $0 $0
2022 $8,535 $401,316 $0 $0
2021 $7,709 $364,833 $48,000 $316,833
2020 $6,477 $348,018 $26,000 $322,018
2019 $6,120 $343,169 $25,000 $318,169
2018 $5,846 $323,789 $25,000 $298,789
2017 $5,480 $298,776 $19,000 $279,776
2016 $4,994 $256,920 $19,000 $237,920
2015 $4,523 $214,312 $18,000 $196,312
2014 $4,454 $209,286 $12,032 $197,254
2013 -- $165,602 $8,700 $156,902
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jessica King-Ehrhardt

    Florida Resale Properties Inc

    (239) 839-0201

    9 in this area

    93 Total Sales

    Section Image
  • Lisa Wiskowski

    Seller Co-Listing Agent in 2020

    Lisa Wiskowski

    Florida Resale Properties Inc

    (239) 995-7368

    36 Total Sales

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219069209

Florida Gulf Coast Multiple Listing Service

APN: 09-44-24-C1-01551.0110

Florida Lee County Cape Coral 33909 Hancock

509 NE 24th Place Unit 1-3, Cape Coral, FL

This home is located at 509 NE 24th Place Unit 1-3, Cape Coral, FL 33909 since 18 October 2019 and is currently estimated at $587,816, approximately $176 per square foot. This property was built in 2004. 509 NE 24th Place Unit 1-3 is a home located in Lee County with nearby schools including Tropic Isles Elementary School, Hancock Creek Elementary School, and Caloosa Elementary School.

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