NOT LISTED FOR SALE

708 SE 8th St Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $268,393 - $367,000

4 Beds
2 Baths
1,760 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $148,000 $84 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,148/month

Highlights

  • Patio
  • Tile Flooring
  • Rectangular Lot
  • Cape Elementary School Rated A-
  • Central Heating and Cooling System
  • 1-minute walk to Cultural Park

About This Home

As of August 2015

GREAT INVESTMENT OPPORTUNITY .... this well maintained Duplex is centrally located close to main roads and shopping. Property is already on City Utilities, with only a small balance of around $6,700. remaining. NEW ROOF 2006, NEW HOT WATER HEATER , TOILET & SHOWER HEAD side A in 2012, NEW REFRIGERATOR in 2012 in Side B, New A/C units in July 2014! Great long term tenants on each side would love to stay. Don't miss out, schedule your showing today!

Last Agent to Sell the Property

Geri Quinn

RE/MAX Realty Team License #258009385 Listed on: 08/07/2015

RE/MAX Realty Team

Last Buyer's Agent

Roland Theis

Realty One Group MVP License #278521183

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,503

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 125 x 80 x 125 x 80
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, security, telephone, water
  • Legal Lot and Block 14 / 1154
  • Assessor Parcel Number 13-44-23-C3-01154.0140

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,500
  • Net Operating Income $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,503

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 125 x 80 x 125 x 80
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: Head WEST on Hancock Bridge Parkway to SOUTH on Cultural Park Blvd, take to SE 8th STreet and make a RIGHT. Duplex is on the left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: 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: 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: Assessment Unpaid, Public Sewer
  • Water Source: Assessment Unpaid, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 13-44-23-C3-01154.0140
  • Zoning Description: P-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Security, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 6500.0
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 2503.0
  • Tax Block: 1154
  • Tax Lot: 14
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2015
Closed on
Aug 31, 2015
Sold by
Yeager Jeffrey and Yeager Sheila N
Bought by
Ge Management Holding Corp
Seller's Agent
Geri Quinn
RE/MAX Realty Team
Buyer's Agent
Roland Theis
Realty One Group MVP
List Price
$155,000
Sold Price
$148,000
Premium/Discount to List
-$7,000
-4.52%
Current Estimated Value
$322,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,598
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Sep 29, 2009
Sold by
Herr Dorcelle K
Bought by
Yeager Jeffrey and Yeager Sheila N

Purchase Details

Closed on
Apr 29, 2009
Sold by
Herr Dorcelle K
Bought by
Herr Dorcelle K

Purchase Details

Closed on
Feb 5, 2002
Sold by
Herr Jay W
Bought by
Herr Jay W

Purchase Details

Closed on
Nov 2, 2000
Sold by
Herr Jay W
Bought by
Herr Jay W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2000
Sold by
C & G Assoc
Bought by
Herr Jay W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.97%
Mortgage Type
Commercial
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
Ge Management Holding Corp $148,000 American Title Insurance Co
Yeager Jeffrey -- Attorney
Herr Dorcelle K -- Attorney
Herr Jay W $26,300 --
Herr Jay W -- --
Herr Jay W $67,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herr Jay W $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2015 08/07/15 Sold $148,000 -4.5% $84 / Sq Ft
08/07/2015 08/07/15 For Sale $155,000 -- $88 / 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 $5,229 $192,459 -- --
2024 $4,648 $174,963 -- --
2023 $4,648 $159,057 $0 $0
2022 $4,405 $144,597 $0 $0
2021 $4,080 $134,950 $24,233 $110,717
2020 $3,682 $119,502 $24,000 $95,502
2019 $3,613 $117,888 $24,000 $93,888
2018 $3,521 $112,239 $24,000 $88,239
2017 $3,338 $100,938 $16,000 $84,938
2016 $3,195 $93,092 $16,213 $76,879
2015 $2,678 $80,800 $15,000 $65,800
2014 -- $69,003 $12,032 $56,971
2013 -- $61,209 $4,800 $56,409
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215044096

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01154.0140