NOT LISTED FOR SALE

5423 SW 28th Place Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $1,523,000 - $1,883,414

0.26 Acre
$6,261,938 Price per Acre
11,326 Sq Ft Lot

Last Sold July 18, 2016

Last sale price $367,500

Est. 343% increase in value since last sale

Current estimated payment $9,991/month

118 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Oversized Lot

About This Lot

As of July 2016

Present All Offers !!!! Over sized lot in prestigious Peninsula Point neighborhood, this lot is on a 200 ft + wide canal & is a Direct Sailboat access location, seawall in already, street of million dollar homes, lot is cleared & ready for the custom home of your dreams. 5 minutes from Rum Runners by car & all the Cape Harbour activities bike night etc, 15 minutes to Rum Runners & the lock by boat!! NO bridges, also enjoy visiting the 5 star Westin Resort right around the corner on the way out to the river with 3 restaurants & outside bar overlooking the nicest marina in the area. Many new homes are being built in this area a must see lot if your serious about boating & building close to Cape Harbour.

Last Agent to Sell the Property

Stan Kleinschmidt

3.95 Full Service Realty LLC License #085803646 Listed on: 02/20/2016

Last Buyer's Agent

Craig Young

Coldwell Banker Realty License #252010926

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,313

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 105 x 125 x 75 x 127
  • Home fronts a seawall
  • West Facing Home
  • Oversized Lot
  • Cleared Lot
  • Property is zoned R1-W

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 50 / 5017
  • Assessor Parcel Number 17-45-23-C4-05017.0500

Community Details

Overview

  • Cape Coral Subdivision

Recreation

  • Boat Dock
  • Canal Access
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$5,313

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.26
  • Lot Size: 105 x 125 x 75 x 127
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Pkwy W. to S. on Sand's Blvd. to E. on El dorado Pkwy to N. on SW 28TH Place lot on right
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Cleared, Oversized Lot
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Riprap, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Direction Faces: West

Utilities

  • Sewer: Assessment Paid
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities, See Remarks
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 17-45-23-C4-05017.0500
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5313.0
  • Tax Block: 5017
  • Tax Lot: 50
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Troup Chad M and Troup Margaret M
Bought by
Troup Chad M and Troup Margaret M
Current Estimated Value
$1,628,104

Purchase Details

Listed on
Feb 20, 2016
Closed on
Jul 14, 2016
Sold by
Ballantyne Family Limited Partnership
Bought by
Troup Chad M and Troup Margaret M
Seller's Agent
Stan Kleinschmidt
3.95 Full Service Realty LLC
Buyer's Agent
Craig Young
Coldwell Banker Realty
List Price
$419,900
Sold Price
$367,500
Premium/Discount to List
-$52,400
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.40%
Original Mortgage
$257,250
Outstanding Balance
$196,981
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,431,123

Purchase Details

Closed on
Sep 18, 2000
Sold by
Cape Coral Holdings Inc
Bought by
Ballantyne Family Limited Ptnr
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
Troup Chad M -- Accommodation
Troup Chad M $367,500 Cape Coral Title Ins Agency
Ballantyne Family Limited Ptnr $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troup Chad M $257,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $367,500 -12.5% --
06/18/2016 06/18/16 Pending -- -- --
02/20/2016 02/20/16 For Sale $419,900 -- --
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 $17,122 $1,103,885 -- --
2024 $16,833 $1,072,775 -- --
2023 $16,833 $1,041,529 $0 $0
2022 $16,188 $1,011,193 $0 $0
2021 $17,076 $1,033,734 $417,502 $616,232
2020 $17,502 $968,186 $0 $0
2019 $17,058 $946,418 $303,400 $643,018
2018 $17,663 $955,252 $289,000 $666,252
2017 $5,555 $279,880 $279,880 $0
2016 $5,243 $301,000 $301,000 $0
2015 $5,313 $230,000 $230,000 $0
2014 -- $220,000 $220,000 $0
2013 -- $194,600 $194,600 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Stan Kleinschmidt

    3.95 Full Service Realty LLC

    (239) 292-9799

    12 in this area

    107 Total Sales

    Stan Kleinschmidt
    Section Image
  • Craig Young

    Buyer's Agent in 2016

    Craig Young

    Coldwell Banker Realty

    (239) 410-2898

    14 in this area

    68 Total Sales

    Craig Young
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216013089

Florida Gulf Coast Multiple Listing Service

APN: 17-45-23-C4-05017.0500

Florida Lee County Cape Coral 33914 Pelican

5423 SW 28th Place, Cape Coral, FL

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