NOT LISTED FOR SALE

Estimated Value: $329,268 - $410,000

4 Beds
4 Baths
1,600 Sq Ft
$226/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $220,000 $138 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,331/month

47 Days on Market

Highlights

  • Patio
  • Tile Flooring
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of October 2018

GREAT INVESTMENT OPPORTUNITY !!!. Beautiful Duplex For Sale close to Cape Coral Pkwy and Coronado pkwy., Each unit offers 2 bedrooms, 2 bathrooms, open kitchen, and laundry in residence. Each side have screened porch and a private fenced patio. Great Location close to shopping, entertainment, parks and close to Cape Coral Bridge for easy access into Fort Myers area.

Last Agent to Sell the Property

Rene Alvarez

Innova Real Estate Corp License #258009053 Listed on: 08/09/2018

Co-Listed By

Hernan Pineda

Innova Real Estate Corp License #258024157

Last Buyer's Agent

Danene Bazon

RE/MAX Realty Group License #258021457

RE/MAX Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1966

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 84 x 116 x 84 x 116
  • Fenced
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,600 Sq Ft Home
  • Single Hung Windows

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for application fee, cable TV, electricity, telephone, water
  • Legal Lot and Block 45 / 318
  • Assessor Parcel Number 12-45-23-C3-00318.0450

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,000
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,975

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 84 x 116 x 84 x 116
  • Co List Office Mls Id: FIREC
  • Co List Office Phone: (239) 281-6763
  • Subdivision Name: CAPE CORAL
  • Directions: From Coronado Pkwy E, turn left on SE 6th Ave, then right on SE 46th Ln, the property will be on the left side.
  • Structure Type: Duplex
  • Year Built: 1966
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Concrete, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12-45-23-C3-00318.0450
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Cable TV, Electricity, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 21000.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 2975.0
  • Tax Block: 318
  • Tax Lot: 45
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2021
Sold by
Meyer Ryan and Meyer Danene
Bought by
Rnd Holdings Llc
Current Estimated Value
$361,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Outstanding Balance
$171,569
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$189,748

Purchase Details

Listed on
Aug 9, 2018
Closed on
Oct 25, 2018
Sold by
Florida Gold Investment Corp
Bought by
Rand Holdings Llc
Seller's Agent
Rene Alvarez
Innova Real Estate Corp
Buyer's Agent
Danene Bazon
RE/MAX Realty Group
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$187,000
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2013
Sold by
Coast To Coast Acquisitions Corp
Bought by
Florida Gold Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
3.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2013
Sold by
Fannie Mae
Bought by
Coast To Coast Acquisition Corp

Purchase Details

Closed on
Sep 11, 2012
Sold by
Quillen Joanne
Bought by
Federal National Mortgage Association
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
Rnd Holdings Llc -- Accommodation
Meyer Ryan -- Accommodation
Rand Holdings Llc $220,000 Cape Coral Title Ins Agency
Florida Gold Investment Corp $40,000 Cape Coral Title Insurance A
Coast To Coast Acquisition Corp $40,000 Title & Abstract Agency Of A
Federal National Mortgage Association $36,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Ryan $189,500
Previous Owner Rand Holdings Llc $187,000
Previous Owner Florida Gold Investment Corp $52,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2018 10/26/18 Sold $220,000 -4.3% $138 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $229,900 -- $144 / 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
2025 $5,241 $270,393 -- --
2024 $5,086 $245,812 $59,543 $179,690
2023 $5,086 $239,825 $71,939 $166,921
2022 $4,839 $237,893 $41,133 $196,760
2021 $3,798 $165,509 $40,811 $124,698
2020 $3,609 $150,200 $40,000 $110,200
2019 $3,536 $148,577 $40,000 $108,577
2018 $3,128 $132,424 $40,000 $92,424
2017 $2,975 $128,390 $20,000 $108,390
2016 $2,679 $106,429 $20,000 $86,429
2015 $2,452 $91,891 $15,300 $76,591
2014 $2,269 $82,003 $13,700 $68,303
2013 -- $9,810 $9,800 $10
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218051586

Florida Gulf Coast Multiple Listing Service

APN: 12-45-23-C3-00318.0450