NOT LISTED FOR SALE

Estimated Value: $67,000 - $110,000

0.24 Acre
$326,975 Price per Acre
10,237 Sq Ft Lot

Last Sold June 26, 2024

Last sale price $72,000

Est. 4% decrease in value since last sale

Current estimated payment $448/month

15 Days on Market

Highlights

  • Canal View
  • No HOA
  • Property fronts a freshwater canal
  • Cape Elementary School Rated A-

About This Lot

As of June 2024

Presenting an exceptional vacant land opportunity in the highly sought-after area of Cape Coral, FL! Welcome to this stunning waterfront parcel of land nestled in the desirable area of Cape Coral (North 2), WITH CITY WATER AND SEWER AVAILABILITY with a low assumable utility assessment balance . Immerse yourself in the convenience of being just moments away from a variety of shopping destinations, dining establishments, and more. Situated within a rapidly expanding neighborhood, this lot is surrounded by numerous new construction homes, making it an ideal location for both homeowners and investors alike.No mandatory flood insurance required as it's located in flood zone x . Whether you're envisioning your dream home or seeking a promising investment property, this prime piece of land offers endless possibilities. Seize this fabulous opportunity without delay! Don't miss your chance to secure this remarkable property in a fast-growing area of Cape Coral. Act now and turn your aspirations into reality today!

Last Agent to Sell the Property

Robert Draiss

HAMILTON-FRANKLIN REALTY Brokerage Phone: 239-236-1239 License #3274331 Listed on: 05/09/2024

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property fronts a freshwater canal
  • Property is zoned R1BW

Property Views

  • Canal Views

Listing and Financial Details

  • Legal Lot and Block 40 / 2396
  • Assessor Parcel Number 12-44-23-C2-02396.0400

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Access to Freshwater Canal

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10237
  • Directions to Property: North on Santa Barbara Blvd S , Right on to Pine Island Rd , left on NE 7th Pl , left on NE 4th Ter , Right on NE 5th Pl , follow down as NE 5th Pl become NE 5th Ct , lot will be on the left side of the street across from 527 NE 5th Ct
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1038129
  • RATIO Current Price By Calculate: 7.03
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 239-236-1239
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 526

Exterior Features

  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: None
  • Water Access: Canal - Freshwater
  • Water Extras YN: 0
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Price Per Acre: 300000

Utilities

  • Utilities: Electrical Nearby, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public, See Remarks

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1BW
  • Parcel Number: 12-44-23-C2-02396.0400
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x125
  • Flood Zone Code: x
  • Lot Size Square Meters: 951

Tax Info

  • Tax Annual Amount: 2893.23
  • Tax Block: 2396
  • Tax Book Number: 16-107
  • Tax Lot: 40

Multi Family

  • Waterfront Features: Canal - Freshwater, Canal Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 20, 2024
Sold by
Equitable Land Ventures Llc
Bought by
Jjncc Holdings Llc
Seller's Agent
Robert Draiss
HAMILTON-FRANKLIN REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$80,000
Sold Price
$72,000
Premium/Discount to List
-$8,000
-10%
Views
5
Current Estimated Value
$69,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,788
Avg. Annual Appreciation
-3.43%

Purchase Details

Closed on
Apr 12, 2024
Sold by
Kephart Fred Albert and Kephart Connie L
Bought by
Equitable Land Ventures Llc

Purchase Details

Closed on
Apr 4, 2003
Sold by
Eggers Charles E and Eggers Geraldine
Bought by
Eggers Geraldine and Todd Jo Ann

Purchase Details

Closed on
Apr 3, 2003
Sold by
Eggers Geraldine and Todd Jo Ann
Bought by
F Trask Prop Inc
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
Jjncc Holdings Llc $72,000 Crossroads Title
Equitable Land Ventures Llc $45,000 Crossroads Title
Eggers Geraldine -- --
F Trask Prop Inc $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $72,000 -2.0% --
05/25/2024 05/25/24 Pending -- -- --
05/21/2024 05/21/24 Price Changed $73,500 -5.2% --
05/09/2024 05/09/24 Price Changed $77,500 -3.1% --
05/09/2024 05/09/24 For Sale $80,000 -- --
Source: Stellar MLS

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 $2,893 $14,348 -- --
2023 $2,893 $13,044 $0 $0
2022 $2,807 $11,858 $0 $0
2021 $2,650 $11,500 $11,500 $0
2020 $2,811 $9,800 $9,800 $0
2019 $2,864 $14,000 $14,000 $0
2018 $2,849 $14,000 $14,000 $0
2017 $499 $12,759 $12,759 $0
2016 $456 $11,000 $11,000 $0
2015 $426 $11,200 $11,200 $0
2014 $430 $11,050 $11,050 $0
2013 -- $7,800 $7,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7492489

Stellar MLS

APN: 12-44-23-C2-02396.0400