Seller's Agent in 2017
Judith Ann New
RE/MAX
(239) 560-1423
50 Total Sales
703 SE 47th St Unit 1-4 Cape Coral, FL 33904
Caloosahatchee NeighborhoodEstimated Value: $477,000 - $639,000
8
Beds
8
Baths
3,500
Sq Ft
$151/Sq Ft
Est. Value
Highlights
- Jalousie or louvered window
- Courtyard
- Central Heating and Cooling System
- Cape Elementary School Rated A-
- Tile Flooring
- Ceiling Fan
About This Home
As of January 2017LOCATION convenient to downtown Cape, Yacht Club Beach, public transportation and Cape Coral/lower bridge to Ft Myers. Established SE Cape Coral Pkwy/Coronado three-lot quadraplex with tenants in place. Each of four units with private screened lanai's contain 2 bedroom and 2 full baths, main living room and kitchen. Second bedroom is a junior suite with private full bath and entry through private screened lanai and/or through main living room [this doorway closed off in one unit]. UNIT #2 TOTALLY RENOVATED NEW KITCHEN CABINETRY, NEW APPLIANCES, TILE WORK, INTERIOR PAINTING. Thus design capability could be 4 one bedroom w/living room and kitchen AND 4 junior suites with bath only. Duplexed buildings share a courtyard with multiple parking off SE 47th Street property frontage next to mailboxes. Courtyard also contains a Utility Building housing two hot water heaters. Laundromat within walk distance of Quad. Monthly rent includes Cold-Hot water usage. Tenants pay electricity, sewer, TV-Internet, telephone. See remarks.
Last Agent to Sell the Property
RE/MAX Realty Team License #258009740 Listed on: 11/06/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,926
Year Built
- Built in 1965
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 126 x 116 x 126 x 116
Home Design
- Duplex
- Shingle Roof
- Stucco
Interior Spaces
- 3,500 Sq Ft Home
- Ceiling Fan
- Jalousie or louvered window
- Tile Flooring
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Additional Features
- Courtyard
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, internet, pet deposit, security, sewer, telephone
- Legal Lot and Block 37 / 317
- Assessor Parcel Number 12-45-23-C3-00317.0370
Community Details
Overview
- 3 Buildings
- 4 Units
- Cape Coral Subdivision
Pet Policy
- Call for details about the types of pets allowed
Building Details
- Operating Expense $14,732
- Net Operating Income $23,968
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2016
Closed on
Jan 5, 2017
Sold by
Headley Donald G and Headley Virginae E
Bought by
Serrate Livuva and Rodrigez Eric
Seller's Agent
Judith Ann New
RE/MAX Realty Team
Buyer's Agent
Judith Ann New
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,683
Avg. Annual Appreciation
5.66%
Original Mortgage
$243,750
Outstanding Balance
$200,930
Interest Rate
4.13%
Mortgage Type
Commercial
Estimated Equity
$326,753
Purchase Details
Closed on
Nov 20, 2008
Sold by
Pierce Josephine M
Bought by
Headley Donald and Headley Virginia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,500
Interest Rate
6.01%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 1, 2001
Sold by
Rinchart Todd R and Rinehart Bethany K
Bought by
Pierce Josephine M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,322
Interest Rate
7.14%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 31, 2000
Sold by
Mcallister Norma E and Watts Ronald E
Bought by
Rinehart Todd R and Rinehart Bethany K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 29, 1994
Sold by
Martin Janice L
Bought by
Mcallister Norma E and Watts Ronald E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.77%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 20, 1994
Sold by
Martin Cornelius P
Bought by
Martin Janice L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
7.77%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serrate Livuva | $325,000 | Realty Title Solutions Lllp | |
| Headley Donald | $206,000 | Realty Title Solutions Lllp | |
| Pierce Josephine M | $260,000 | -- | |
| Rinehart Todd R | $210,000 | -- | |
| Mcallister Norma E | $116,000 | -- | |
| Martin Janice L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Serrate Livuva | $243,750 | |
| Previous Owner | Headley Donald | $154,500 | |
| Previous Owner | Pierce Josephine M | $209,322 | |
| Previous Owner | Rinehart Todd R | $210,000 | |
| Previous Owner | Mcallister Norma E | $92,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/05/2017 01/05/17 | Sold | $325,000 | -7.1% | $93 / Sq Ft |
| 12/06/2016 12/06/16 | Pending | -- | -- | -- |
| 11/06/2016 11/06/16 | For Sale | $349,900 | -- | $100 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $9,102 | $449,601 | -- | -- |
| 2024 | $8,315 | $408,728 | -- | -- |
| 2023 | $8,315 | $371,571 | $0 | $0 |
| 2022 | $7,716 | $337,792 | $0 | $0 |
| 2021 | $7,020 | $307,084 | $50,880 | $256,204 |
| 2020 | $6,809 | $286,663 | $46,000 | $240,663 |
| 2019 | $6,457 | $272,131 | $46,000 | $226,131 |
| 2018 | $6,276 | $257,583 | $46,000 | $211,583 |
| 2017 | $4,777 | $249,516 | $23,000 | $226,516 |
| 2016 | $4,120 | $184,540 | $26,719 | $157,821 |
| 2015 | $3,926 | $181,703 | $21,752 | $159,951 |
| 2014 | -- | $148,716 | $18,850 | $129,866 |
| 2013 | -- | $93,887 | $16,861 | $77,026 |
Source: Public Records
Agents Affiliated with this Home
-
Judith Ann New
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 216068753
APN: 12-45-23-C3-00317.0370
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