NOT LISTED FOR SALE

509 SE 27th Terrace Cape Coral, FL 33904

Caloosahatchee Neighborhood

Estimated Value: $316,926 - $382,000

3 Beds
2 Baths
1,580 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $254,900 $161 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,350/month

18 Days on Market

Highlights

  • No HOA
  • Porch
  • Screened Patio
  • Cape Elementary School Rated A-
  • 2 Car Attached Garage
  • French Doors

About This Home

As of March 2021

Location, location, location! This home is centrally located with easy access to Santa Barbara Blvd, Veterans Memorial Pkwy and Del Prado Blvd all within just a few minutes away providing easy access to commute over to Fort Myers as well. The roof was just replaced in August 2020 and air conditioning in March 2020. The property also features a large screened in lanai area to grill and enjoy the beautiful outdoor weather that Southwest Florida has to offer. City water and sewer assessments are in and paid! Don't wait, call today to schedule your private showing on this home!

Last Agent to Sell the Property

Chris Jancich

LPT Realty, LLC License #413577885 Listed on: 02/10/2021

LPT Realty, LLC

Last Buyer's Agent

Michael Hange

Malt Realty & Dev. Co. License #258026324

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,673

Year Built

  • Built in 1999

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • South Facing Home
  • Rectangular Lot
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • French Doors
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Screened Patio
  • Porch

Schools

  • Cape Coral High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 63 / 902
  • Assessor Parcel Number 36-44-23-C2-00902.0630

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,673

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: From I-75, take exit 136 for FL-884 toward Colonial Blvd/Ft Myers, Continue to Midpoint Bridge, Continue to Veterans Memorial Pkwy, turn left onto Country Club Blvd, Turn right onto Archer Pkwy W, Turn right onto SE 27th Terrace, house on the left
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1999
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet
  • Interior Amenities: Dual Sinks, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry
  • Living Area: 1580.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • High School: CAPE CORAL HIGH SCHOOL

Lot Info

  • Parcel #: 36-44-23-C2-00902.0630
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3673.0
  • Tax Block: 902
  • Tax Lot: 63
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Mar 30, 2021
Sold by
Raja Shamasunder and Raja Sreeranjini
Bought by
Jeter Alex Michael
Seller's Agent
Chris Jancich
LPT Realty, LLC
Buyer's Agent
Michael Hange
Malt Realty & Dev. Co.
List Price
$254,900
Sold Price
$254,900
Current Estimated Value
$345,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,016
Avg. Annual Appreciation
7.05%
Original Mortgage
$229,400
Outstanding Balance
$207,569
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$137,163

Purchase Details

Closed on
May 13, 1996
Sold by
Eagle Const & Dev Inc
Bought by
Raja Shamasundar and Raja Sreeranjini
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
Jeter Alex Michael $254,900 Stewart Title Company
Raja Shamasundar $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeter Alex Michael $229,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $254,900 0.0% $161 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $254,900 0.0% $161 / Sq Ft
03/09/2017 03/09/17 Rented -- -- --
02/07/2017 02/07/17 Under Contract -- -- --
12/16/2016 12/16/16 For Rent $1,395 -- --
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 $5,623 $270,536 $59,909 $210,627
2023 $5,623 $303,886 $0 $0
2022 $5,021 $276,260 $47,586 $228,674
2021 $3,880 $192,014 $33,000 $159,014
2020 $3,673 $172,807 $28,600 $144,207
2019 $3,550 $170,386 $28,600 $141,786
2018 $3,350 $158,283 $27,300 $130,983
2017 $3,239 $158,264 $22,000 $136,264
2016 $2,934 $135,924 $22,000 $113,924
2015 $2,711 $119,390 $15,300 $104,090
2014 $2,517 $109,601 $13,700 $95,901
2013 -- $97,293 $9,800 $87,493
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Chris Jancich

    LPT Realty, LLC

    Section Image

  • M

    Buyer's Agent in 2021

    Michael Hange

    Malt Realty & Dev. Co.

    (419) 351-8742

    1 in this area

    49 Total Sales

    Michael Hange
    Section Image

  • K

    Seller's Agent in 2017

    Kevin Haag

    Douglas Realty & Development

    (239) 542-6906

    26 Total Sales

    Kevin Haag
    Section Image

  • G

    Buyer's Agent in 2017

    Gail Elmer

    Douglas Realty & Development

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221010003

Florida Gulf Coast Multiple Listing Service

APN: 36-44-23-C2-00902.0630

Florida Lee County Cape Coral 33904 Caloosahatchee

509 SE 27th Terrace, Cape Coral, FL

This home is located at 509 SE 27th Terrace, Cape Coral, FL 33904 since 10 February 2021 and is currently estimated at $344,732, approximately $218 per square foot. This property was built in 1999. 509 SE 27th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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