NOT LISTED FOR SALE

Estimated Value: $1,393,000 - $1,991,361

0.54 Acre
$3,068,685 Price per Acre
23,522 Sq Ft Lot

Last Sold January 08, 2021

Last sale price $425,000

Est. 290% increase in value since last sale

Current estimated payment $10,967/month

15 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Oversized Lot
  • Cape Elementary School Rated A-
  • 0.54 Acre Lot

About This Lot

As of January 2021

Three words that best describe this rare offering deep in Southwest Cape Coral are “LOCATION” “VIEWS” and “SIZE”. This is the hottest area in Cape Coral, surrounded by the finest homes and close to the restaurants and events at Cape Harbour. This is the largest GULF ACCESS lot ever offered in this area of SW Cape. With commanding views of Lake Palos and with well over 1/2 acre, the option are endless. You could build a huge luxury residence. You could have a separate “Ohana” residence. You could build a huge garage attached or detached from the main home for all your toys. Koogler Homes Inc. concepts were drawn for both a single floor and a two story home and there is a lot of room to spare with these designs. You could even subdivide this into two building lots. Opportunities like this don’t present themselves often. Take advantage today.

Last Agent to Sell the Property

Steven Leboeuf

Florida Gulf Home Realty LLC License #598503214 Listed on: 11/23/2020

Last Buyer's Agent

Steven Leboeuf

Florida Gulf Home Realty LLC License #598503214 Listed on: 11/23/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,923

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 284 x 125 x 68 x 131
  • Lake Front
  • Home fronts a seawall
  • Home fronts navigable water
  • West Facing Home
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Lake Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 37 / 5020
  • Assessor Parcel Number 17-45-23-C3-05020.0370

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$5,923

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.54
  • Lot Size: 284 x 125 x 68 x 131
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished

Exterior Features

  • Lot Features: Oversized Lot
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Direction Faces: West

Utilities

  • Sewer: Assessment Unpaid, Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Boat Facilities

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-45-23-C3-05020.0370
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5923.0
  • Tax Block: 5020
  • Tax Lot: 37
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jan 8, 2021
Sold by
Kruger Richard A and Kruger Dorothy Ann
Bought by
Burns Milton H and Burns Victoria J
Seller's Agent
Steven Leboeuf
Florida Gulf Home Realty LLC
Buyer's Agent
Steven Leboeuf
List Price
$485,000
Sold Price
$425,000
Premium/Discount to List
-$60,000
-12.37%
Current Estimated Value
$1,657,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,232,090
Avg. Annual Appreciation
33.33%

Purchase Details

Closed on
Dec 10, 2009
Sold by
Kruger Richard Albert
Bought by
Kruger Richard Albert and Kruger Dorothy Ann
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
Burns Milton H $425,000 Tropical Shells Title Llc
Kruger Richard Albert -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $425,000 -12.4% --
12/09/2020 12/09/20 Pending -- -- --
11/23/2020 11/23/20 For Sale $485,000 -- --
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 $26,167 $1,736,747 -- --
2024 $23,918 $1,578,861 -- --
2023 $23,918 $1,435,328 $0 $0
2022 $6,166 $362,276 $362,276 $0
2021 $4,855 $223,322 $223,322 $0
2020 $5,533 $225,452 $220,000 $5,452
2019 $5,923 $257,582 $252,000 $5,582
2018 $5,637 $225,712 $220,000 $5,712
2017 $6,039 $307,927 $302,086 $5,841
2016 $5,316 $217,971 $217,971 $0
2015 $5,123 $186,101 $186,101 $0
2014 $4,912 $191,231 $191,231 $0
2013 -- $124,261 $124,261 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220075257

Florida Gulf Coast Multiple Listing Service

APN: 17-45-23-C3-05020.0370