NOT LISTED FOR SALE

705 SE 4th Terrace Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $433,086 - $630,000

4 Beds
5 Baths
-- Sq Ft
0.46 Acres

Last Sold March 29, 2019

Last sale price $255,000

Est. 96% increase in value since last sale

Current estimated payment $3,114/month

54 Days on Market

Highlights

  • Private Dock
  • Home fronts a canal
  • Patio
  • Cape Elementary School Rated A-
  • Concrete Block With Brick
  • Tile Flooring

About This Home

As of March 2019

FANTASTIC INCOME OPPORTUNITY! This beautiful 4 bedroom, 5 bathroom duplex sits on nearly 1/2 acre land located on a quiet street in Cape Coral. Each unit offers 2 bedrooms; master ensuite, open floor plan, spacious kitchen featuring lots of cabinets and counter space. Enjoy your morning coffee or unwind on your screened lanai overlooking the manicured fenced-in yard and tranquil water views. This duplex offers a boat ramp and dock to park your boat. Just minutes from Sun Splash Family Water Park and dozens of restaurants. You will not want to miss this opportunity. Oversize lot to Right of duplex; perfect for expanding to triplex.

Last Agent to Sell the Property

David Wood

Premiere Plus Realty Company License #NAPLES-249525316 Listed on: 12/31/2018

Premiere Plus Realty Company

Co-Listed By

Kevin O'Reilly

Premiere Plus Realty Company License #FORT-258024127

Last Buyer's Agent

Lorie Jubb

Real Estate Warriors LLC License #FORT-485002137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1980

Lot Details

  • 0.46 Acre Lot
  • Home fronts a canal
  • Fenced

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Private Dock
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric, full telephone, lawn care, lawn service, long distance telephone, water
  • Assessor Parcel Number 13-44-23-C3-01136.0490
  • Tax Block 1136
  • $5,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Cape Coral Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,911

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 23 BLK 1136 PB 14 PG 45 LOTS 49 THRU 52
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.644131$-81.96023600000001$58.80$13.33$1.00$QbkSqVgkxBUvL1M9FO6yuQ
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: Canal Width 31-80
  • Construction: Concrete Block
  • Boat Access: Boat Dock Private, Dock Included
  • Irrigation: Central
  • Road: Public Road
  • Exterior Features: Fence, Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Canal, Fresh Water

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Assessment Paid

Association/Amenities

  • Pets: No Approval Needed
  • Development: Cape Coral
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: CAPE CORAL

Lot Info

  • Lot Unit: 49
  • Section: 13
  • Waterfront: Yes
  • Zoning Code: R3-W
  • Acres: 0.4591
  • Lot Description: Oversize
  • Parcel Number: 13-44-23-C3-01136.0490

Rental Info

  • Tenant Pays: Full Electric, Full Telephone, Lawn Care, Lawn Service, Long Distance Telephone, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 3911.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2018
Closed on
Mar 29, 2019
Sold by
Vara Mary E
Bought by
Anabel Cisneros Enrique Martinez and Anabel Francovela
Seller's Agent
David Wood
Premiere Plus Realty Company
Buyer's Agent
Lorie Jubb
Real Estate Warriors LLC
List Price
$259,000
Sold Price
$255,000
Premium/Discount to List
-$4,000
-1.54%
Current Estimated Value
$499,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,022
Avg. Annual Appreciation
11.02%
Original Mortgage
$250,381
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2017
Sold by
Vara Mary E
Bought by
Vara Mary E

Purchase Details

Closed on
Nov 11, 2011
Sold by
Vara Hector and Vara Mary E
Bought by
Vara Hector and Vara Mary E

Purchase Details

Closed on
Mar 6, 2000
Sold by
Vara Hector and Vara Mary E
Bought by
Vara Hector
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Anabel Cisneros Enrique Martinez $255,000 Townsend Title Ins Agcy Llc
Vara Mary E -- Attorney
Vara Hector -- None Available
Vara Hector -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cisneros Enrique Martinez $57,600
Open Cisneros Enrique Martinez $246,431
Closed Cisneros Enrique Martinez $247,952
Closed Anabel Cisneros Enrique Martinez $250,381
Previous Owner Vara Mary E $1
Previous Owner Vara Hector $139,100
Previous Owner Vara Mary E $144,978
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $255,000 -1.5% --
02/23/2019 02/23/19 Pending -- -- --
12/31/2018 12/31/18 For Sale $259,000 -- --
Source: Naples Area Board of REALTORS®

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 $4,740 $267,170 -- --
2023 $4,740 $250,753 $0 $0
2022 $4,328 $235,599 $0 $0
2021 $4,093 $232,327 $71,896 $160,431
2020 $4,002 $211,566 $76,500 $135,066
2019 $4,338 $208,333 $76,500 $131,833
2018 $4,102 $192,990 $61,200 $131,790
2017 $3,911 $188,143 $37,400 $150,743
2016 $3,611 $169,825 $41,041 $128,784
2015 $3,310 $147,212 $40,732 $106,480
2014 $3,053 $129,402 $26,733 $102,669
2013 -- $127,712 $31,585 $96,127
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    David Wood

    Premiere Plus Realty Company

    Section Image

  • K

    Seller Co-Listing Agent in 2019

    Kevin O'Reilly

    Premiere Plus Realty Company

    (847) 208-5048

    13 in this area

    101 Total Sales

    Kevin O'Reilly
    Section Image

  • L

    Buyer's Agent in 2019

    Lorie Jubb

    Real Estate Warriors LLC

    (239) 244-4400

    2 in this area

    54 Total Sales

    Lorie Jubb
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 219000819

Naples Area Board of REALTORS®

APN: 13-44-23-C3-01136.0490

Florida Lee County Cape Coral 33990 Hancock

705 SE 4th Terrace Unit A-B, Cape Coral, FL

This home is located at 705 SE 4th Terrace Unit A-B, Cape Coral, FL 33990 since 31 December 2018 and is currently estimated at $499,022. This property was built in 1980. 705 SE 4th Terrace Unit A-B is a home located in Lee County with nearby schools including Caloosa Elementary School, Hancock Creek Elementary School, and Tropic Isles 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.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

Nearby Homes