NOT LISTED FOR SALE

523 SE 24th Ave Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $438,000 - $517,000

5 Beds
3 Baths
2,231 Sq Ft
$206/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $510,000 $229 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,766/month

127 Days on Market

Highlights

  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Home

As of April 2022

This beautiful remodeled duplex is now available! One half is a 3 bedroom 2 bath unit and the other is a 2 bedroom 1 bath unit. Assessments in and PAID. Great location... near shopping, schools, restaurants, Hospital, bus routes & a quick drive over the bridge to downtown Ft. Myers.
New compressor unit B 2021
New H2O hot water tanks A & B 2019
Total remodel Unit A 2019
Carolina Ash wood plank porcelain tile throughout
New White and Greystone shaker kitchen cabinets (soft close) , SS appliances, granite countertops, tile back splash, breakfast bar
Master bath with Greystone shaker 36-inch-high double sinks vanity with quartz countertop, Glass enclosed Shower, new tile work,
Second bath, new fixtures, tile, Greystone shaker 36-inch-high vanity with quartz countertop
Total rehab unit A 2018, Washer/dryers included with each unit, New paint interior and exterior 2019
New contemporary front doors and exterior lighting, Sprinkler system
Unit A - Water feature on private paver patio/courtyard, Professional landscaping
Huge yard easily can accommodate pool/spa
4 Minutes from Rosen Park, Riverfront park featuring a marina, boardwalk & boat ramps plus picnic shelters & BBQ pits

Last Agent to Sell the Property

Nate Wright

ViiBE Realty License #249525575 Listed on: 12/08/2021

Last Buyer's Agent

Terry Duffy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,909

Year Built

  • Built in 1981

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,231 Sq Ft Home
  • Single Hung Windows
  • Laminate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, electricity, grounds care, internet, pest control, telephone, water
  • Legal Lot and Block 18 / 1364
  • Assessor Parcel Number 17-44-24-C3-01364.0180

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,909

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Lot Size: 80 x 120 x 80 x 120
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Laminate
  • 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, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 17-44-24-C3-01364.0180
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Electricity, Grounds Care, Internet, Pest Control, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 34200.0

Tax Info

  • Tax Annual Amount: 3909.0
  • Tax Block: 1364
  • Tax Lot: 18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Apr 15, 2022
Sold by
Nicholas Simone
Bought by
Vanhoang Bao Alex
Seller's Agent
Nate Wright
ViiBE Realty
Buyer's Agent
Terry Duffy
List Price
$539,999
Sold Price
$510,000
Premium/Discount to List
-$29,999
-5.56%
Current Estimated Value
$440,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,420
Avg. Annual Appreciation
-2.93%
Original Mortgage
$382,500
Outstanding Balance
$361,998
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$96,593

Purchase Details

Listed on
Jun 28, 2019
Closed on
Nov 22, 2019
Sold by
Kohr Janie
Bought by
Simone Nicholas and Butin Lawrence J
Seller's Agent
Pamela VanEck
ERA Cape Realty
Buyer's Agent
Nate Wright
ViiBE Realty
List Price
$255,000
Sold Price
$235,000
Premium/Discount to List
-$20,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.10%
Original Mortgage
$308,113
Interest Rate
3.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vanhoang Bao Alex $510,000 Assured Title Services
Simone Nicholas $235,000 Assured Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhoang Bao Alex $382,500
Previous Owner Simone Nicholas $308,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2022 04/15/22 Sold $510,000 -5.6% $229 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $539,999 +129.8% $242 / Sq Ft
11/22/2019 11/22/19 Sold $235,000 -7.8% $105 / Sq Ft View Prior Sale
10/23/2019 10/23/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $255,000 -- $114 / 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 $5,392 $280,000 -- --
2024 $5,392 $254,545 $56,259 $193,337
2023 $5,217 $247,047 $89,088 $157,959
2022 $4,586 $202,362 $0 $0
2021 $4,151 $188,819 $45,000 $143,819
2020 $3,909 $166,356 $31,500 $134,856
2019 $1,820 $84,310 $0 $0
2018 $1,751 $80,646 $0 $0
2017 $1,706 $84,565 $0 $0
2016 $1,569 $120,854 $16,000 $104,854
2015 $1,464 $105,989 $13,000 $92,989
2014 -- $95,204 $9,024 $86,180
2013 -- $76,996 $7,000 $69,996
Source: Public Records

Agents Affiliated with this Home

  • Nate Wright

    Seller's Agent in 2022

    Nate Wright

    ViiBE Realty

    (239) 321-3218

    17 in this area

    179 Total Sales

    Nate Wright
    Section Image

  • T

    Buyer's Agent in 2022

    Terry Duffy

    Section Image

  • P

    Seller's Agent in 2019

    Pamela VanEck

    ERA Cape Realty

    (616) 886-7089

    1 in this area

    20 Total Sales

    Pamela VanEck
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221085071

Florida Gulf Coast Multiple Listing Service

APN: 17-44-24-C3-01364.0180

Florida Lee County Cape Coral 33903 Hancock

523 SE 24th Ave Unit A-B, Cape Coral, FL

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