NOT LISTED FOR SALE

520 SW 8th Terrace Cape Coral, FL 33991

Hancock Neighborhood

Estimated Value: $375,000 - $461,000

3 Beds
2 Baths
1,583 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $363,000 $229 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,722/month

64 Days on Market

Highlights

  • Home fronts a seawall
  • Canal Access
  • No HOA
  • Cape Elementary School Rated A-
  • Canal View
  • Oversized Lot

About This Home

As of April 2022

Fresh water paradise! This three bedroom, two bath home with a two car garage has 180' frontage on the Roslyn Canal, that goes out to Alhambra Lake and Lake Kennedy. It is a fisherman or kayak's dream. This oversize lot home is located on a quiet cul de sac surrounded by well kept expensive homes. This home is older, built in 1981, but has been well maintained and only used by snowbird family in winters. The home features three bedrooms, master with a walk in closet, living, dining and family room, with a screened lanai. There is ample room for a large future pool and cage. The roof looks to be in good condition, but is over twenty years old and will need to be replaced for insurance coverage. This one deserves a close look! The could be a quick closing if needed.

Last Agent to Sell the Property

Mark Erikson

Pinnacle Property Group License #258025285 Listed on: 02/19/2022

Last Buyer's Agent

Mark Erikson

Pinnacle Property Group License #258025285 Listed on: 02/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1981

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 0 x 125 x 180 x 0
  • Home fronts a seawall
  • Home fronts navigable water
  • North Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,583 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Open Floorplan
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Association fees include irrigation water
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / 1972
  • Assessor Parcel Number 23-44-23-C1-01972.0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,607

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.366
  • Lot Size: 0 x 125 x 180 x 0
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Off of Nicholas Pkwy.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1981
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bedroom on Main Level, Family/Dining Room, Living/Dining Room, Main Level Master, Tub Shower, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1583.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Room For Pool, Shutters Manual
  • 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, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), 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
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Irrigation Water

Lot Info

  • Parcel #: 23-44-23-C1-01972.0130
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1607.0
  • Tax Block: 1972
  • Tax Lot: 13
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2002
Sold by
G E Capital Mtg Services Inc
Bought by
Leyda Ila J
Current Estimated Value
$405,973

Purchase Details

Closed on
Oct 7, 1996
Sold by
Feltenberger Esther P
Bought by
Rollins Gerald A and Rollins Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,250
Interest Rate
8.05%
Source: Public Records

Range of Values:

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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
Leyda Ila J $105,900 --
Rollins Gerald A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rollins Gerald A $79,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2022 04/25/22 Sold $363,000 +868.0% $229 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
02/19/2022 02/19/22 For Sale $37,500 -- $24 / 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 $7,115 $413,256 $122,740 $202,621
2024 $5,024 $393,351 -- --
2023 $5,024 $263,799 $96,594 $164,761
2022 $1,654 $100,400 $0 $0
2021 $1,607 $170,861 $36,346 $134,515
2020 $1,595 $96,130 $0 $0
2019 $1,532 $93,969 $0 $0
2018 $1,509 $92,217 $0 $0
2017 $1,484 $90,320 $0 $0
2016 $1,413 $126,340 $30,394 $95,946
2015 $1,391 $112,792 $26,755 $86,037
2014 -- $103,107 $25,500 $77,607
2013 -- $100,890 $23,015 $77,875
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark Erikson

    Pinnacle Property Group

    (239) 699-8368

    2 in this area

    9 Total Sales

    Mark Erikson
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222012696

Florida Gulf Coast Multiple Listing Service

APN: 23-44-23-C1-01972.0130

Florida Lee County Cape Coral 33991 Hancock

520 SW 8th Terrace, Cape Coral, FL

This home is located at 520 SW 8th Terrace, Cape Coral, FL 33991 since 19 February 2022 and is currently estimated at $405,973, approximately $256 per square foot. This property was built in 1981. 520 SW 8th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and Hancock Creek 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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