NOT LISTED FOR SALE

Estimated Value: $2,507,000 - $3,245,000

4 Beds
6 Baths
4,000 Sq Ft
$730/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $4,031,000 $1,008 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $19,863/month

143 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Sitting Area In Primary Bedroom
  • Cape Elementary School Rated A-
  • Heated Pool and Spa
  • Canal Access

About This Home

As of January 2022

A stunning Estate Home by LUX DEVELOPMENT GROUP. Modern New Construction designed around one of Cape Coral's best waterfront lots with wide intersecting canal views on the Bimini from a .37-acre peninsula lot that feels like a private island! A single-story 4,000 SF estate with 4 Suites, 6 Baths [4/2] and oversized 3 car garage. Both an entertainers dream and private waterfront Oasis. Luxurious features range from modern impact glass garage doors, PIVOT entry doors, 24x48 Italian porcelain floors & unique designer coffered ceilings in the living room, kitchen, and bedrooms. 800 SF living room overlooks the Bimini & boats going by. Kitchen with 10x10 island, 48” sink, Thermador appliances, and walk-in pantry. Owner's suite w/coffered ceilings & seating area overlooking the water. A resort style master bathroom with 2 walk-in closets and his & her restrooms w/ TOTO Smart Toilets. Each bedroom is a suite featuring a full bath & closet. Custom designed pool built around the waterway with an 8-person spa, sun shelf, swim up bar, sunken firepit, marble pool deck, and chef's outdoor kitchen! Relax & watch TV poolside in the “Cabana”. Newer Seawall w/ raised bulkhead & Captain’s Walk.

Last Agent to Sell the Property

Michael Darda

Compass Florida LLC License #252000001 Listed on: 09/03/2021

Compass Florida LLC

Co-Listed By

Andrew Darda

Compass Florida LLC License #258016541

Last Buyer's Agent

Michael Darda

Compass Florida LLC License #252000001 Listed on: 09/03/2021

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,063

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.37 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Northeast Facing Home
  • Oversized Lot
  • Irregular Lot
  • Property is zoned R1-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Coffered Ceiling
  • Sliding Windows
  • Combination Dining and Living Room
  • Home Office
  • Tile Flooring
  • Canal Views

Kitchen

  • Walk-In Pantry
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Canal Access
  • Outdoor Kitchen
  • Fire Pit

Schools

  • Lee County Schools Elementary And Middle School
  • Lee County Schools High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 1 / 131
  • Assessor Parcel Number 14-45-23-C3-00131.0010

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,063

Year Built

Built in 2021 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.372
  • Road Surface Type: Paved
  • Co List Office Mls Id: FCFLLC1
  • Co List Office Phone: (239) 542-2822
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 2021
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome

Interior Features

  • Furnished: Furnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Bathtub, Coffered Ceiling(s), Dual Sinks, Kitchen Island, Living/Dining Room, Main Level Master, Pantry, Sitting Area in Master, Separate Shower, Walk-In Pantry, Walk-In Closet(s), Home Office, Split Bedrooms
  • Living Area: 4000.0
  • Stories: 1
  • Window Features: Other, Sliding, Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot
  • Pool Features: Electric Heat, Heated, In Ground, Salt Water, Pool/Spa Combo
  • Pool Private: Yes
  • View: Canal
  • Waterfront Features: Canal Access, Intersecting Canal, Navigable Water
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Fire Pit, Security/High Impact Doors, Outdoor Kitchen
  • Property Condition: Under Construction
  • Roof: Built-Up, Flat, Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, 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, Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: LEE COUNTY SCHOOLS
  • High School: LEE COUNTY SCHOOLS
  • Middle Or Junior School: LEE COUNTY SCHOOLS

Lot Info

  • Parcel #: 14-45-23-C3-00131.0010
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 9063.0
  • Tax Block: 131
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Jan 25, 2022
Sold by
Ct Lending Solutions Lp
Bought by
Johnston Corey and Johnston Renee K
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Michael Darda
List Price
$4,000,000
Sold Price
$4,031,000
Premium/Discount to List
$31,000
0.78%
Current Estimated Value
$2,920,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,110,034
Avg. Annual Appreciation
-8.58%
Original Mortgage
$3,400,000
Outstanding Balance
$3,150,598
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
-$229,632

Purchase Details

Closed on
Jun 11, 2021
Sold by
5201 Savoy Ct Llc
Bought by
Ct Lending Solutions Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,212
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 16, 2020
Sold by
Prescott Carl and Degagne Tracy Ann
Bought by
5201 Savoy Ct Llc

Purchase Details

Closed on
Dec 10, 2019
Sold by
Poirier Guy
Bought by
Prescott Carl A and Degagne Tracy

Purchase Details

Listed on
Feb 24, 2017
Closed on
May 4, 2017
Sold by
Pedersen Paul Roger and Pedersen Judy Diane
Bought by
Poirier Guy
Seller's Agent
Roxann Wothe
Sellstate Priority Realty
Buyer's Agent
Roxann Wothe
Sellstate Priority Realty
List Price
$819,000
Sold Price
$642,500
Premium/Discount to List
-$176,500
-21.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.94%

Purchase Details

Closed on
Jan 2, 1995
Sold by
Pedersen Michael R
Bought by
Pedersen Paul Roger and Pedersen Judy Diane
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
Johnston Corey $4,031,000 Esquire Land Title
Ct Lending Solutions Lp -- Wollinka Wikle Ttl Ins Agcy
5201 Savoy Ct Llc -- Attorney
Prescott Carl A $700,000 Assurance Title Agency Llc
Poirier Guy $642,500 Sandcaslte Title Llc
Pedersen Paul Roger -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnston Corey $3,400,000
Previous Owner Ct Lending Solutions Lp $1,412,212
Previous Owner Pedersen Paul Roger $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $4,031,000 +0.8% $1,008 / Sq Ft
12/26/2021 12/26/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $4,000,000 +522.6% $1,000 / Sq Ft
05/04/2017 05/04/17 Sold $642,500 -21.6% $325 / Sq Ft
04/04/2017 04/04/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $819,000 -- $414 / 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 $47,748 $2,728,595 $739,935 $1,639,199
2023 $47,748 $2,962,843 $865,080 $1,827,767
2022 $11,999 $903,177 $775,260 $0
2021 $10,579 $590,000 $590,000 $0
2020 $9,063 $483,000 $483,000 $0
2019 $7,478 $396,900 $396,900 $0
2018 $7,302 $378,000 $378,000 $0
2017 $3,823 $213,138 $0 $0
2016 $3,760 $551,198 $386,701 $164,497
2015 $3,196 $543,102 $334,091 $209,011
2014 $3,283 $521,708 $373,929 $147,779
2013 -- $434,103 $337,592 $96,511
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221064295

Florida Gulf Coast Multiple Listing Service

APN: 14-45-23-C3-00131.0010