NOT LISTED FOR SALE

615 NW 16th Terrace Cape Coral, FL 33993

Mariner Neighborhood

Estimated Value: $295,000 - $351,000

3 Beds
2 Baths
1,799 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $165,000 $92 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,959/month

85 Days on Market

Highlights

  • Canal View
  • Corner Lot
  • 2 Car Attached Garage
  • Cape Elementary School Rated A-
  • No HOA
  • Bathtub

About This Home

As of October 2016

Beautiful First Homes model on a corner with a great water view. Well maintained by tenant and yard is professionally manicured. Larger 3 bedroom plus french doors leading to a large den. Two bathrooms and a full two car garage. And a Bonus: Home is not on the canal but has a full view -- waterfront without the price. Tenant is on a month-to-month arrangement paying $900/month and can stay or go - YOU CHOICE!!!

Last Agent to Sell the Property

Michael Lombardo

Old Glory Realty License #896013680 Listed on: 07/07/2016

Last Buyer's Agent

Michael Volkernick

Realty One Group MVP License #469500147

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,638

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85 x 125 x 85 x 101
  • South Facing Home
  • Corner Lot
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,799 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 2721
  • Assessor Parcel Number 35-43-23-C4-02721.0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,638

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.24
  • Lot Size: 85 x 125 x 85 x 101
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: NORTH OF DIPLOMAT PKWY, W OF SANTA BARBARA BLVD, E OF NELSON RD. FROM DIPLOMAT TURN NOTH ON NW 7TH AVE, TURN E ON NW 16TH TERR HOUSE IS ON LEFT, CORNER OF NW 16TH TERR AND NW 6TH PL
___________________________________
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2006
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, French Door(s)/Atrium Door(s), Living/Dining Room, Pantry, Separate Shower, Cable TV, Walk-In Closet(s)
  • Living Area: 1799.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Room For Pool
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 35-43-23-C4-02721.0040
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2638.0
  • Tax Block: 2721
  • Tax Lot: 4
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Oct 31, 2016
Sold by
Cornwell David B
Bought by
Sanchez Edgar and Sanchez Freddie
Seller's Agent
Michael Lombardo
Old Glory Realty
Buyer's Agent
Michael Volkernick
Realty One Group MVP
List Price
$182,500
Sold Price
$165,000
Premium/Discount to List
-$17,500
-9.59%
Current Estimated Value
$317,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,609
Avg. Annual Appreciation
7.46%
Original Mortgage
$162,011
Outstanding Balance
$129,861
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$187,748

Purchase Details

Closed on
Aug 9, 2005
Sold by
K Hovnanian First Homes Llc
Bought by
Cornwell David B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,055
Interest Rate
5.57%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 25, 2005
Sold by
Hession Eugene J and Hession Katherine L
Bought by
First Home Builders Of Florida

Purchase Details

Closed on
Jun 9, 1998
Sold by
Hession Eugene J and Hession Katherine
Bought by
Hession Eugene J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Edgar $165,000 Title Junction Llc
Cornwell David B $116,900 First Home Title
First Home Builders Of Florida $55,000 First Home Title
Hession Eugene J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Edgar $162,011
Previous Owner Cornwell David B $260,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $165,000 -9.6% $92 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $182,500 -- $101 / 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 $3,518 $205,526 -- --
2024 $3,368 $201,896 -- --
2023 $3,368 $188,971 $0 $0
2022 $3,019 $177,062 $0 $0
2021 $2,759 $171,342 $9,000 $162,342
2020 $2,702 $159,241 $0 $0
2019 $2,603 $155,037 $10,500 $144,537
2018 $2,650 $155,404 $0 $0
2017 $2,608 $150,996 $6,800 $144,196
2016 $2,854 $133,478 $6,800 $126,678
2015 $2,638 $117,397 $6,300 $111,097
2014 -- $109,798 $5,640 $104,158
2013 -- $95,506 $3,900 $91,606
Source: Public Records

Agents Affiliated with this Home

  • Michael Lombardo

    Seller's Agent in 2016

    Michael Lombardo

    Old Glory Realty

    (239) 898-3445

    54 in this area

    254 Total Sales

    Michael Lombardo
    Section Image
  • Michael Volkernick

    Buyer's Agent in 2016

    Michael Volkernick

    Realty One Group MVP

    (239) 989-4878

    27 Total Sales

    Michael Volkernick
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216044304

Florida Gulf Coast Multiple Listing Service

APN: 35-43-23-C4-02721.0040

Florida Lee County Cape Coral 33993 Mariner

615 NW 16th Terrace, Cape Coral, FL

Not Listed for Sale

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