NOT LISTED FOR SALE

518 Hancock Bridge Pkwy Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $320,000 - $352,000

4 Beds
2 Baths
1,620 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $329,000 $203 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,368/month

90 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Ceiling Fan

About This Home

As of August 2022

Great Opportunity to own a cash flowing duplex in Cape Coral!!! Located right in the center of town off Hancock Bridge Parkway. One unit is remodeled other mostly remodeled but could use a little work. One ac is newer.

Last Agent to Sell the Property

Michael Fate

Keller Williams Realty Fort Myers and the Islands License #252012492 Listed on: 05/13/2022

Keller Williams Realty Fort Myers and the Islands

Last Buyer's Agent

Ryan Smith

CoastalEdge Real Estate LLC License #258031687

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,857

Year Built

  • Built in 1985

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,620 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, electricity, trash collection, water
  • Legal Lot and Block 80 / 1108
  • Assessor Parcel Number 13-44-23-C2-01108.0800

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $27,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,857

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: Del Prado to Hancock Bridge PKWY
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1985
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 13-44-23-C2-01108.0800
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Electricity, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 27600.0

Tax Info

  • Tax Annual Amount: 3857.0
  • Tax Block: 1108
  • Tax Lot: 80
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2024
Sold by
Gruffaz Marion and Gruffaz Ron Asaf
Bought by
Trust No 518-520 Hancock Bridge and Land Trust
Current Estimated Value
$348,500

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 5, 2022
Sold by
Campbell Randolph D and Campbell Lori A
Bought by
Gruffaz Marion and Gruffaz Ron Asaf
Seller's Agent
Michael Fate
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
Ryan Smith
CoastalEdge Real Estate LLC
List Price
$329,000
Sold Price
$329,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$230,300
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2014
Sold by
Faux Lori A
Bought by
Campbell Randolph D and Campbell Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,100
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2002
Sold by
Campbell Randolph D
Bought by
Faux Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
6.8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Trust No 518-520 Hancock Bridge $100 None Listed On Document
Gruffaz Marion $329,000 New Title Company Name
Campbell Randolph D -- None Available
Faux Lori A $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gruffaz Marion $230,300
Previous Owner Faux Lori A $151,100
Previous Owner Faux Lori $156,700
Previous Owner Faux Lori A $85,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $329,000 0.0% $203 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $329,000 -- $203 / 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 $5,674 $230,963 $81,159 $139,103
2023 $5,674 $225,327 $104,400 $119,888
2022 $4,192 $121,249 $0 $0
2021 $3,857 $138,311 $47,838 $90,473
2020 $3,489 $125,970 $42,000 $83,970
2019 $3,331 $123,549 $45,000 $78,549
2018 $3,209 $117,094 $35,000 $82,094
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michael Fate

    Keller Williams Realty Fort Myers and the Islands

    Section Image

  • R

    Buyer's Agent in 2022

    Ryan Smith

    CoastalEdge Real Estate LLC

    (239) 841-0005

    12 in this area

    67 Total Sales

    Ryan Smith
    Section Image

  • C

    Buyer Co-Listing Agent in 2022

    Candace Decker

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222036239

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C2-01108.0800

Florida Lee County Cape Coral 33909 Hancock

518 Hancock Bridge Pkwy, Cape Coral, FL

This home is located at 518 Hancock Bridge Pkwy, Cape Coral, FL 33990 since 13 May 2022 and is currently estimated at $333,667, approximately $205 per square foot. This property was built in 1985. 518 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.

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

Nearby Homes