NOT LISTED FOR SALE

572 NE 5th Terrace Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $339,686 - $450,000

0.28 Acre
$1,445,061 Price per Acre
12,153 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $70,700

Est. 470% increase in value since last sale

Current estimated payment $2,724/month

149 Days on Market

Highlights

  • City View
  • Cape Elementary School Rated A-
  • Oversized Lot

About This Lot

As of November 2022

This Oversized lot is close to amenities like shops and restaurants as well as grocery stores and offers a short commute to Pine Island Rd which takes you to Fort Myers or Matlacha. With SE exposure you can enjoy the sunny southwest Florida days at your future pool as this property would serve great for a pool home. Water and sewer are CONNECTED!

Last Agent to Sell the Property

Dennis Muchow

RE/MAX Realty Team License #258027429 Listed on: 06/13/2022

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 69 x 141 x 122 x 125
  • Northwest Facing Home
  • Oversized Lot
  • Property is zoned R1B

Property Views

  • City Views

Utilities

  • Sewer Assessments
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include sewer, water
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2381
  • Assessor Parcel Number 12-44-23-C2-02381.0050

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.279
  • Lot Size: 69 x 141 x 122 x 125
  • Subdivision Name: CAPE CORAL
  • Directions: GPS
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Oversized Lot
  • View: City
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Direction Faces: Northwest

Utilities

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

Condo/Co-op/Association

  • Amenities: None

Fee Information

  • Association Fee Includes: None, Sewer, Water

Lot Info

  • Current Use: Single Family
  • Parcel #: 12-44-23-C2-02381.0050
  • Zoning Description: R1B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2987.83
  • Tax Block: 2381
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2023
Sold by
Synergy Homes Llc
Bought by
Ih6 Property Florida L P
Current Estimated Value
$403,172

Purchase Details

Listed on
Jun 13, 2022
Closed on
Nov 10, 2022
Sold by
Gee Jay Internet Corporation
Bought by
Synergy Homes Llc
Seller's Agent
Dennis Muchow
RE/MAX Realty Team
List Price
$58,250
Sold Price
$70,700
Premium/Discount to List
$12,450
21.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
84.35%
Original Mortgage
$114,125
Interest Rate
6.92%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 30, 2022
Sold by
Lee County Bank
Bought by
Gee Jay Internet Corporation
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
Ih6 Property Florida L P $355,000 Synergy Title
Synergy Homes Llc $70,700 Synergy Title
Gee Jay Internet Corporation $47,118 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Synergy Homes Llc $114,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2022 11/11/22 Pending -- -- --
11/10/2022 11/10/22 Sold $70,700 +21.4% --
06/13/2022 06/13/22 For Sale $58,250 -- --
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 $6,389 $287,171 $52,829 $218,607
2023 $3,844 $49,765 $49,765 $0
2022 $3,153 $9,079 $0 $0
2021 $2,988 $11,000 $11,000 $0
2020 $3,232 $7,800 $7,800 $0
2019 $3,232 $13,000 $13,000 $0
2018 $3,211 $11,000 $11,000 $0
2017 $451 $11,386 $11,386 $0
2016 $391 $7,000 $7,000 $0
2015 $357 $6,500 $6,500 $0
2014 -- $5,640 $5,640 $0
2013 -- $4,600 $4,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Muchow

    Seller's Agent in 2022

    Dennis Muchow

    RE/MAX

    (239) 628-5240

    6 in this area

    76 Total Sales

    Dennis Muchow
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222044896

Florida Gulf Coast Multiple Listing Service

APN: 12-44-23-C2-02381.0050

Florida Lee County Cape Coral 33909 Diplomat

572 NE 5th Terrace, Cape Coral, FL

This home is located at 572 NE 5th Terrace, Cape Coral, FL 33909 since 13 June 2022 and is currently estimated at $403,172. 572 NE 5th 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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