NOT LISTED FOR SALE

517 SE 24th Ave Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $441,000 - $496,000

6 Beds
4 Baths
2,200 Sq Ft
$217/Sq Ft Est. Value

Last Sold September 03, 2014

Last sale price $185,000 $84 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $3,035/month

160 Days on Market

Highlights

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

About This Home

As of September 2014

Well maintained property on over-sized lot, centrally located in Cape Coral and only minutes away from downtown Fort Myers. Current tenants in place for many years, both leases end 11/1/2014.

Last Agent to Sell the Property

Ben Shaffy

MAKS Realty Inc License #258020394 Listed on: 02/24/2014

Last Buyer's Agent

Donavon Owens

Elite Florida Realty Inc License #258003539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,171

Year Built

  • Built in 2000

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120 x 131 x 120 x 131
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, electricity, internet, pet deposit, security, sewer, telephone, water
  • Legal Lot and Block 20 / 1364
  • Assessor Parcel Number 17-44-24-C3-01364.0200

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,400
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,171

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Lot Size: 120 x 131 x 120 x 131
  • Subdivision Name: CAPE CORAL
  • Directions: Hancock Bridge Pkwy, turn south on SE 24th Ave, about a quarter mile down property is on the left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2000
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Window Features: Single Hung

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, Room For Pool
  • 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 #: 17-44-24-C3-01364.0200
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Electricity, Internet, Pet Deposit, Security, Sewer, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 15600.0
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 2171.0
  • Tax Block: 1364
  • Tax Lot: 20
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2020
Sold by
Owens Micah and Owens Lynnette
Bought by
Alvarez Jorge Angel Caseir and Bernaldo Yohanka Perez
Current Estimated Value
$476,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,968
Outstanding Balance
$290,955
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$185,378

Purchase Details

Listed on
Feb 24, 2014
Closed on
Aug 28, 2014
Sold by
Bayandor Amirhooshang
Bought by
Owens Micah and Owens Lynnette
Seller's Agent
Ben Shaffy
MAKS Realty Inc
Buyer's Agent
Donavon Owens
Elite Florida Realty Inc
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$138,750
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2013
Sold by
Ak Investments Llc
Bought by
Bayandor Amirhooshang

Purchase Details

Closed on
Nov 1, 2013
Sold by
The Bank Of New York Mellon
Bought by
Ak Investments Llc

Purchase Details

Closed on
Jul 15, 1997
Sold by
Ippolito Jack and Ippolito Joann A
Bought by
Caceres Rodolpho and Caceres Aurelia
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
Alvarez Jorge Angel Caseir $336,000 None Listed On Document
Owens Micah $185,000 Attorney
Bayandor Amirhooshang -- Attorney
Ak Investments Llc $115,500 North American Title Company
Caceres Rodolpho $4,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Jorge Angel Caseir $326,968
Previous Owner Owens Micah $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $185,000 -7.5% $84 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $199,900 -- $91 / 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
2025 $6,346 $344,589 -- --
2024 $6,346 $313,263 $84,118 $208,345
2023 $6,189 $305,631 $69,600 $220,649
2022 $5,818 $296,878 $39,540 $257,338
2021 $3,967 $213,183 $25,000 $188,183
2020 $4,440 $193,785 $25,000 $168,785
2019 $4,351 $191,371 $25,000 $166,371
2018 $4,132 $180,073 $25,000 $155,073
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Ben Shaffy

    MAKS Realty Inc

    (239) 284-7106

    5 in this area

    6 Total Sales

    Ben Shaffy
    Section Image
  • Donavon Owens

    Buyer's Agent in 2014

    Donavon Owens

    Elite Florida Realty Inc

    (239) 275-2500

    5 in this area

    109 Total Sales

    Donavon Owens
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214012423

Florida Gulf Coast Multiple Listing Service

APN: 17-44-24-C3-01364.0200

Florida Lee County Cape Coral 33903 Hancock

517 SE 24th Ave, Cape Coral, FL

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