NOT LISTED FOR SALE

Estimated Value: $645,000 - $1,595,036

2 Beds
2 Baths
1,291 Sq Ft
$994/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $232,000 $180 Per Sq Ft

Est. 453% increase in value since last sale

Current estimated payment $8,452/month

81 Days on Market

Highlights

  • Boat Dock
  • In Ground Spa
  • Waterfront
  • Cape Elementary School Rated A-
  • River View
  • Canal Access

About This Home

As of February 2015

LOCATION,LOCATION,LOCATION Huge Price Reduction... Here is a great Home in the SE section of Cape Coral. The price that is listed is lower than what lots where going for with all assements paid. The property is a great investment for a vacation home or to build your dream home on. This home does need some TLC. Here is great opurtunity to own a great Gulf Access home in Cape Coral. You have a great view of the river from your back yard. This is a great 2 Bedroom 2 Bathroom 1 car gargae. There are no bridges to the river. You are just minutes to the river. Here is your chance to still get a great value for a direct access home just off the river before prices start going up. Seller is motivated.

Last Agent to Sell the Property

Thomas Collins

Rossman Realty Group Inc License #258016764 Listed on: 11/07/2014

Co-Listed By

Stephen Lynn

Florida Gulf Home Realty LLC License #258021330

Last Buyer's Agent

Mike Urbinato

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1963

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80 x 126 x 80 x 126
  • Waterfront
  • West Facing Home
  • Rectangular Lot
  • Property is zoned R1-W

Parking

  • 1 Car Attached Garage

Property Views

  • River
  • Canal

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,291 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring
  • Fire and Smoke Detector
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Outdoor Features

  • In Ground Spa
  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / 73
  • Assessor Parcel Number 18-45-24-C2-00073.0050

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2746
  • Lot Size: 80 x 126 x 80 x 126
  • Co List Office Mls Id: FROS
  • Co List Office Phone: (239) 542-2084
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1963
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Eat-in Kitchen, See Remarks, Shower Only, Separate Shower, Cable TV
  • Living Area: 1291.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Canal, Partial, River
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, In Garage
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 18-45-24-C2-00073.0050
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4443.0
  • Tax Block: 73
  • Tax Lot: 5
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2014
Closed on
Feb 27, 2015
Sold by
Lancelot Holding Llc
Bought by
Kobinator Llc
Seller's Agent
Thomas Collins
Rossman Realty Group Inc
Buyer's Agent
Mike Urbinato
List Price
$299,000
Sold Price
$232,000
Premium/Discount to List
-$67,000
-22.41%
Current Estimated Value
$1,283,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,051,509
Avg. Annual Appreciation
17.48%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Schuermann Andreas and Schuermann Heike
Bought by
Lancelot Holding Llc

Purchase Details

Closed on
Jan 26, 2010
Sold by
Stage Stephen R and Stage Sally A
Bought by
Schuermann Andreas and Schuermann Heike

Purchase Details

Closed on
Nov 14, 2005
Sold by
Gemmill E Mae and Frack Edward
Bought by
Stage Stephen R and Stage Sally A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2000
Sold by
Gemmill E Mae
Bought by
E Mae Gemmill Tr
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
Kobinator Llc $232,000 Agent Title Services Llc
Lancelot Holding Llc -- Attorney
Schuermann Andreas $205,000 Title Professionals Of Fl
Stage Stephen R $775,000 Executive Title Ins Svcs Inc
E Mae Gemmill Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stage Stephen R $775,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $232,000 -22.4% $180 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $299,000 -- $232 / 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 $17,506 $990,737 -- --
2023 $17,506 $900,670 $0 $0
2022 $16,103 $818,791 $0 $0
2021 $13,952 $791,351 $377,474 $413,877
2020 $12,989 $676,686 $374,800 $301,886
2019 $13,032 $681,523 $374,800 $306,723
2018 $13,023 $687,160 $325,000 $362,160
2017 $5,330 $267,027 $265,000 $2,027
2016 $5,328 $265,000 $265,000 $0
2015 $4,164 $198,109 $198,006 $103
2014 -- $167,803 $160,416 $7,387
2013 -- $200,975 $160,143 $40,832
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214061720

Florida Gulf Coast Multiple Listing Service

APN: 18-45-24-C2-00073.0050