NOT LISTED FOR SALE

Estimated Value: $401,000 - $423,000

4 Beds
2 Baths
2,056 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $430,000 $209 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,630/month

43 Days on Market

Highlights

  • Impact Glass
  • Tile Flooring
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • Community Storage Space

About This Home

As of July 2024

Excellent Investor opportunity in the heart of Cape Coral with this freshly renovated duplex. Close to waterfront and shopping, Cape Coral Yacht club is right down the street and will soon be the hottest spot in Cape with their upcoming renovation. Excellent future potential for Investor's. Air BnB or rent one side and live in the other! The current units feature a large high ceiling open floor plan with granite countertops and modern kitchen amenities.

Zoned multi-family (less than 10 units), Featuring a brand new roof and new AC units. Fresh kitchen updated with stainless appliances, Brand new impact windows throughout both units. Large backyard includes garage door style storage shed.

Current tenant is month to month and is currently paying $1700 per month. Both sides are individually metered for electricity

Last Agent to Sell the Property

Shawn Cowan

Jones & Co Realty License #258020113 Listed on: 05/20/2024

Last Buyer's Agent

Devon Hofer

RE/MAX Realty Team License #582501668

RE/MAX Realty Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1972

Lot Details

  • 10,498 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,056 Sq Ft Home
  • Double Hung Windows
  • Tile Flooring
  • Impact Glass

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Legal Lot and Block 23 / 114
  • Assessor Parcel Number 13-45-23-C2-00114.0230

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Community Storage Space
  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,368

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Subdivision Name: CAPE CORAL
  • Directions: Accurate location on Google Maps
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1972
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Double Hung, Impact Glass

Exterior Features

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Storage
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 13-45-23-C2-00114.0230
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 4368.0
  • Tax Block: 114
  • Tax Lot: 23
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 3, 2024
Sold by
Dickerson Collin M and Dickerson Carolyn
Bought by
Sharma Prashant K
Seller's Agent
Shawn Cowan
Jones & Co Realty
Buyer's Agent
Devon Hofer
RE/MAX Realty Team
List Price
$430,000
Sold Price
$430,000
Views
11
Current Estimated Value
$408,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,173
Avg. Annual Appreciation
-4.41%
Original Mortgage
$422,211
Outstanding Balance
$416,772
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$7,945

Purchase Details

Closed on
Aug 22, 2022
Sold by
Joseph Celozzi
Bought by
Dickerson Collin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
5.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2013
Sold by
Taulbee Charles R and Taulbee Evetta
Bought by
Celozzi Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,134
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2011
Sold by
Wells Fargo Bank Na
Bought by
Taulbee Charles R and Taulbee Evetta

Purchase Details

Closed on
Sep 21, 2010
Sold by
Cavin Margaret
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 6, 2004
Sold by
Lleras Oswaldo and Lleras Patricia
Bought by
Cavin Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.19%
Mortgage Type
Commercial
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
Sharma Prashant K $430,000 Winged Foot Title
Sharma Prashant K $430,000 Winged Foot Title
Dickerson Collin M $380,000 --
Dickerson Collin M $380,000 --
Celozzi Joseph $103,000 Omega Title Florida
Celozzi Joseph $103,000 Omega Title Florida
Taulbee Charles R $49,000 Landsafe Title
Taulbee Charles R $49,000 Landsafe Title
Wells Fargo Bank Na $36,100 None Available
Wells Fargo Bank Na $36,100 None Available
Cavin Margaret $169,000 Avalon Title Inc
Cavin Margaret $169,000 Avalon Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Prashant K $422,211
Previous Owner Dickerson Collin M $373,117
Previous Owner Celozzi Joseph $101,134
Previous Owner Cavin Margaret $75,000
Previous Owner Cavin Margaret $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $430,000 0.0% $209 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $430,000 -- $209 / 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 $4,830 $214,589 -- --
2023 $4,368 $195,081 $50,668 $144,413
2022 $3,055 $136,701 $0 $0
2021 $2,730 $172,729 $36,400 $136,329
2020 $2,592 $119,210 $0 $0
2019 $1,713 $89,069 $0 $0
2018 $1,681 $87,408 $0 $0
2017 $1,627 $85,610 $0 $0
2016 $1,547 $111,222 $25,000 $86,222
2015 $1,497 $95,208 $16,400 $78,808
2014 $1,439 $82,605 $23,300 $59,305
2013 -- $71,590 $11,600 $59,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224044064

Florida Gulf Coast Multiple Listing Service

APN: 13-45-23-C2-00114.0230