NOT LISTED FOR SALE

5505 Merlyn Ln Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $2,023,000 - $2,345,000

5 Beds
5 Baths
4,215 Sq Ft
$506/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $800,000 $190 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $13,213/month

243 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Heated Pool and Spa
  • Cape Elementary School Rated A-
  • Fitness Center
  • RV Access or Parking

About This Home

As of December 2018

2016 Built 5 bed, 5 bath with space for 7 cars in exclusive Cape Harbour, a yachting community. HUGE 700+ sq ft under truss lanai w/ outdoor kitchen, beach entry heated pool & spa w/ fountains & light features, sandy beach, outdoor fire pit. Grand greatroom has 12’ pocketing corner sliders, 2 story fireplace, wood beams, and hanging boat. Gourmet kitchen w/ full size fridge and freezer, double wall oven, warming drawer, gas cooktop, Australian quartzite countertops & butcher block island. Family room has 10’ corner sliders to the lanai and wet bar. WINE ROOM with own refrigeration leads to a SAFE room, a HURRICANE proof ALL CONCRETE room. Master suite features a vaulted wood beam ceiling, fireplace & spa master bath with 9 head shower and freestanding jetted tub. 3 more bedrooms and 3 bathrooms on the first level as well as a home office. Upstairs you have a movie theater/game room, bedroom/bathroom, and loft. Three car garage has 13’ high ceilings and will accommodate 6 cars, 4th car bay will accommodate full size vehicle for TOTAL OF 7 CARS. Built to highest hurricane standards. Full security system w/ security cameras. Dry and wet slips for your boat at marina. SEE VIRTUAL TOUR.

Last Agent to Sell the Property

Laura Cheney

Starlink Realty, Inc License #258013643 Listed on: 03/22/2018

Co-Listed By

Susan Voelkel

RockStar Realty LLC License #258014476

Last Buyer's Agent

Patricia O'Neill-Scheidt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,504

Year Built

  • Built in 2016

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90 x 140 x 90 x 140
  • Property fronts a private road
  • West Facing Home
  • Oversized Lot
  • Sprinkler System
  • Property is zoned R1-D

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 7 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 4,215 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Thermal Windows
  • Tinted Windows
  • Electric Shutters
  • Arched Windows
  • Display Windows
  • Transom Windows
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Warming Drawer
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • 5 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Security Gate
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Eco-Friendly Details

  • Air Purifier

Pool

  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gas Heated Pool
  • Saltwater Pool
  • Gunite Spa
  • Outside Bathroom Access
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Screened Patio
  • Outdoor Water Feature
  • Outdoor Kitchen
  • Fire Pit
  • Outdoor Storage
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 29 / 6501
  • Assessor Parcel Number 21-45-23-C2-00101.0290

Community Details

Overview

  • Association fees include management, legal/accounting, recreation facilities, reserve fund, road maintenance, security
  • Association Phone (239) 540-5470
  • Cape Harbour Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Shops
  • Restaurant
  • Clubhouse
  • Billiard Room

Recreation

  • Boat Ramp
  • Boat Dock
  • RV or Boat Storage in Community
  • Marina
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,504

Year Built

Built in 2016

Lot Details

0

HOA Fees

$155 per month

Parking

7

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 90 x 140 x 90 x 140
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Co List Office Mls Id: ROCK
  • Co List Office Phone: (239) 362-3173
  • Ownership: Single Family
  • Subdivision Name: CAPE HARBOUR
  • Directions: From Chiquita and Cape Coral Pkwy head south on Chiquita to west on El Dorado Pkwy W to left on Merlyn Ln (gate #2). Enter gate code and proceed to first home on left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2016
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Gas Heat, Gunite, In Ground, Screened
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Double Oven, Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Wine Cooler, Warming Drawer, Washer
  • Other Equipment: Air Purifier
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Bedroom on Main Level, Bathtub, Tray Ceiling(s), Closet Cabinetry, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, High Speed Internet, Jetted Tub, Kitchen Island, Living/Dining Room, Multiple Shower Heads, Main Level Master, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s)
  • Living Area: 4215.0
  • Stories: 2
  • Window Features: Arched, Casement Window(s), Display Window(s), Sliding, Tinted Windows, Transum Window(s), Thermal Windows, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, Gas Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water, Community, Outside Bath Access, Pool/Spa Combo
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Frame, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Fire Pit, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Kitchen, Storage, Shutters Electric, Water Feature, Gas Grill
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 7.0
  • Garage Spaces: 7.0
  • Parking Features: Attached, Garage, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Burglar Alarm (Monitored), Security Gate, Gated Community, Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Utilities: Natural Gas Available, Underground Utilities
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Shopping, Street Lights
  • Amenities: Beach Rights, Basketball Court, Billiard Room, Marina, Boat Ramp, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pool, RV/Boat Storage, Restaurant, Sidewalks, Tennis Court(s), Trail(s)
  • Association Fee: 155.0
  • Association Fee Frequency: Monthly
  • Phone: 239-540-5470
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Recreation Facilities, Reserve Fund, Road Maintenance, Security

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 21-45-23-C2-00101.0290
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 13504.0
  • Tax Block: 6501
  • Tax Lot: 29
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Dec 21, 2018
Sold by
Cheney Chris and Cheney Laura
Bought by
Franzosa Samuel P and Repasch Carole
Seller's Agent
Laura Cheney
Starlink Realty, Inc
Buyer's Agent
Patricia O'Neill-Scheidt
List Price
$1,100,000
Sold Price
$800,000
Premium/Discount to List
-$300,000
-27.27%
Current Estimated Value
$2,134,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,334,030
Avg. Annual Appreciation
16.16%
Original Mortgage
$640,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 18, 2014
Closed on
Nov 14, 2014
Sold by
Noll Deborah J
Bought by
Cheney Chris
Seller's Agent
Jeff Miloff
Miloff Aubuchon Realty Group
Buyer's Agent
Laura Cheney
Starlink Realty, Inc
List Price
$125,000
Sold Price
$131,500
Premium/Discount to List
$6,500
5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.33%
Original Mortgage
$90,000
Interest Rate
4.26%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 5, 2012
Sold by
Rnb Trust Ag Llc
Bought by
Noll Deborah J and Deborah J Noll Trust

Purchase Details

Closed on
Aug 31, 2011
Sold by
Diverdi Robert R and Diverdi Maria R
Bought by
Rnb Trust Ag Llc

Purchase Details

Closed on
May 15, 2009
Sold by
Kalachman Rose Angela
Bought by
Diverdi Robert R and Diverdi Maria R

Purchase Details

Closed on
May 14, 2004
Sold by
Realmark Cape Harbour Llc
Bought by
Kalachman Melvin and Kalachman Rose Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.77%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Franzosa Samuel P $800,000 Assurance Title Agency Llc
Cheney Chris $131,500 Old Southern Title Llc
Noll Deborah J $70,000 Paradise Professional Title
Rnb Trust Ag Llc $75,000 Title Group Of Fort Myers Lt
Diverdi Robert R $105,000 Omnione Title Services Llc
Kalachman Melvin $138,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzosa Samuel P $430,000
Closed Franzosa Samuel P $372,200
Closed Franzosa Samuel P $640,000
Previous Owner Cheney Chris $596,000
Previous Owner Cheney Chris $90,000
Previous Owner Kalachman Melvin $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $800,000 -27.3% $190 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $1,100,000 +736.5% $261 / Sq Ft
11/14/2014 11/14/14 Sold $131,500 +5.2% $31 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
09/18/2014 09/18/14 For Sale $125,000 -- $30 / 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
2024 $17,158 $1,081,276 -- --
2023 $17,158 $982,978 $0 $0
2022 $16,275 $893,616 $0 $0
2021 $14,915 $812,378 $140,000 $672,378
2020 $15,871 $832,559 $120,000 $712,559
2019 $15,281 $802,630 $115,500 $687,130
2018 $14,067 $758,228 $110,000 $648,228
2017 $16,635 $838,211 $110,000 $728,211
2016 $2,318 $110,000 $110,000 $0
2015 $2,259 $105,000 $105,000 $0
2014 -- $60,600 $60,600 $0
2013 -- $62,100 $62,100 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Laura Cheney

    Starlink Realty, Inc

    Section Image

  • S

    Seller Co-Listing Agent in 2018

    Susan Voelkel

    RockStar Realty LLC

    (239) 289-9637

    11 Total Sales

    Susan Voelkel
    Section Image

  • P

    Buyer's Agent in 2018

    Patricia O'Neill-Scheidt

  • P

    Buyer's Agent in 2018

    Patricia O'neill-scheidt Pa

    Sellstate Achievers Realty

    (239) 699-9656

    6 in this area

    109 Total Sales

    Patricia O'neill-scheidt Pa
    Section Image
  • Jeff Miloff

    Seller's Agent in 2014

    Jeff Miloff

    Miloff Aubuchon Realty Group

    (239) 541-3723

    72 in this area

    160 Total Sales

    Jeff Miloff
    Section Image
  • Tiffany Packard

    Seller Co-Listing Agent in 2014

    Tiffany Packard

    Miloff Aubuchon Realty Group

    (239) 989-3198

    62 in this area

    212 Total Sales

    Tiffany Packard
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218022481

Florida Gulf Coast Multiple Listing Service

APN: 21-45-23-C2-00101.0290

Florida Lee County Cape Coral 33914 Pelican

5505 Merlyn Ln, Cape Coral, FL

This home is located at 5505 Merlyn Ln, Cape Coral, FL 33914 since 22 March 2018 and is currently estimated at $2,134,030, approximately $506 per square foot. This property was built in 2016. 5505 Merlyn Ln is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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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