NOT LISTED FOR SALE

533 NE 7th Terrace Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $102,000 - $373,726

0.24 Acre
$1,123,675 Price per Acre
10,454 Sq Ft Lot

Last Sold November 13, 2017

Last sale price $23,950

Est. 968% increase in value since last sale

Current estimated payment $1,656/month

452 Days on Market

Highlights

  • Lake Front
  • Cape Elementary School Rated A-
  • Corner Lot

About This Lot

As of November 2017

Arrowhead Lake, home site on the lake. Ideal location for your upscale home with side loading garages(if wanted). Plus adjacent lake front home site is also available. Hurry properties like this do not come on the market that often. Also the same seller has over 200 home sites available and will discount for bulk sales.

Last Agent to Sell the Property

Joe Proia

Proia Realty Inc License #252000034 Listed on: 07/18/2016

Last Buyer's Agent

Christa Brooks

Florida Complete Realty License #252010890

Property Details

Property Type

  • Land

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90 x 125 x 120 x 125
  • Lake Front
  • Southwest Facing Home
  • Corner Lot
  • Oversized Lot
  • Property is zoned R1-W

Property Views

  • Lake Views

Utilities

  • Water Not Available
  • Sewer Not Available
  • Phone Available

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 13+14 / 2394
  • Assessor Parcel Number 12-44-23-C2-02394.0130

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.24
  • Lot Size: 90 x 125 x 120 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Tropicana Pkwy. E to north on NE 5th Pl that turns into NE 7th ter. at property.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Oversized Lot
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: Southwest

Utilities

  • Sewer: None
  • Utilities: Electricity Available, Phone Available, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 12-44-23-C2-02394.0130
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 787.0
  • Tax Block: 2394
  • Tax Lot: 13+14
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2018
Sold by
Sommer Frank
Bought by
Sommer Frank and Sommer Michaela
Current Estimated Value
$255,759

Purchase Details

Listed on
Jul 18, 2016
Closed on
Nov 7, 2017
Sold by
Cape Holdings Enterprises Inc
Bought by
Sommer Frank
Seller's Agent
Joe Proia
Proia Realty Inc
Buyer's Agent
Christa Brooks
Florida Complete Realty
List Price
$29,950
Sold Price
$23,950
Premium/Discount to List
-$6,000
-20.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.24%

Purchase Details

Closed on
Jan 5, 2016
Sold by
County Of Lee
Bought by
Cape Holdings Enterprises Inc

Purchase Details

Closed on
Aug 26, 2005
Sold by
Williams Thomas M
Bought by
Hart Patricia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
8.12%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

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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
Sommer Frank -- Attorney
Sommer Frank $24,000 Attorney
Cape Holdings Enterprises Inc $12,618 Attorney
Hart Patricia K $215,000 Bay Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Patricia K $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Sold $23,950 -20.0% --
10/14/2017 10/14/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $29,950 -- --
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 $3,274 $23,958 -- --
2023 $3,274 $21,780 $0 $0
2022 $3,150 $19,800 $0 $0
2021 $2,961 $18,000 $18,000 $0
2020 $3,241 $20,000 $20,000 $0
2019 $3,300 $25,000 $25,000 $0
2018 $3,260 $22,000 $22,000 $0
2017 $807 $28,000 $28,000 $0
2016 $787 $28,000 $28,000 $0
2015 $724 $25,000 $25,000 $0
2014 $577 $20,000 $20,000 $0
2013 -- $13,600 $13,600 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Joe Proia

    Proia Realty Inc

    (239) 850-9715

    34 in this area

    553 Total Sales

    Joe Proia
    Section Image

  • C

    Buyer's Agent in 2017

    Christa Brooks

    Florida Complete Realty

    (239) 940-2084

    15 Total Sales

    Christa Brooks
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216024758

Florida Gulf Coast Multiple Listing Service

APN: 12-44-23-C2-02394.0130

Florida Lee County Cape Coral 33909 Diplomat

533 NE 7th Terrace, Cape Coral, FL

This home is located at 533 NE 7th Terrace, Cape Coral, FL 33909 since 18 July 2016 and is currently estimated at $269,682. 533 NE 7th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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