NOT LISTED FOR SALE

709 SE 9th St Unit A-B Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $260,178 - $360,000

4 Beds
2 Baths
1,624 Sq Ft
$204/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $200,000 $123 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,116/month

23 Days on Market

Highlights

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

About This Home

As of July 2018

CASH COW FOR SALE! 4/2 DUPLEX This property is an excellent income producer. Yearly rent roll of $20 400 8.5%% Cap Rate!! Very well kept duplex in the cultural park area of the city of Cape Coral, close to shops, schools, City Hall, walking distance to Hancock bridge Pkwy bus transportation, restaurants etc... Both units are remodelled, tiles floors throughout, new kitchen and bath, new water heater, new roof 2004 Both sides are identical 2 bedrooms 1 bath. Both units rented on one year lease at $850 Tenants pay for water and electric and maintain the yard All assessments paid.

Last Agent to Sell the Property

Steven Hayhurst Ricciardi

Flat Charge Realty License #258021765 Listed on: 05/12/2018

Last Buyer's Agent

Terry Duffy

The Landmark Group SWFL LLC License #258009631

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,135

Year Built

  • Built in 1980

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 128
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,624 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, internet, pest control, telephone, water
  • Legal Lot and Block 15 / 1068
  • Assessor Parcel Number 24-44-23-C2-01068.0150

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,135

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: 80 x 125 x 80 x 128
  • Subdivision Name: CAPE CORAL
  • Directions: FRom veterans parkway head North on Academy left on 9th st. Duplex on Right
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: See Remarks

Exterior Features

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 24-44-23-C2-01068.0150
  • Zoning Description: P-1
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Internet, Pest Control, Telephone, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3135.0
  • Tax Block: 1068
  • Tax Lot: 15
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2018
Closed on
Jun 28, 2018
Sold by
Torres Elizabeth and Fourgeau Ciers Denis
Bought by
Wiedefeld Steven J and Wiedefeld Cynthia A
Seller's Agent
Steven Hayhurst Ricciardi
Flat Charge Realty
Buyer's Agent
Terry Duffy
The Landmark Group SWFL LLC
List Price
$204,900
Sold Price
$200,000
Premium/Discount to List
-$4,900
-2.39%
Current Estimated Value
$331,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,545
Avg. Annual Appreciation
7.20%
Original Mortgage
$141,750
Outstanding Balance
$122,864
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$208,681

Purchase Details

Closed on
Jun 1, 2014
Sold by
Fourgeau Ciers Denis
Bought by
Torres Elizabeth and Fourgeau Ciers Denis

Purchase Details

Closed on
May 3, 2010
Sold by
Meyer Kurt
Bought by
Fourgeau Ciers Denis

Purchase Details

Closed on
May 27, 2009
Sold by
Desoto Holdings Inc
Bought by
Meyer Kurt

Purchase Details

Closed on
Apr 20, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Desoto Holdings Inc

Purchase Details

Closed on
Mar 3, 2009
Sold by
Marshall Howard
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 26, 2005
Sold by
Reese Steven Scott and Forrey Tyler
Bought by
Marshall Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2005
Sold by
Reese Steven Scott
Bought by
Reese Steven Scott and Forrey Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2005
Sold by
Fiola Louis A and Fiola Carol A
Bought by
Reese Steven Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 1999
Sold by
Holloway Joan D
Bought by
Fiola Louis A and Fiola Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,800
Interest Rate
6.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Wiedefeld Steven J $200,000 Atlas Title Of S W Fl Inc
Torres Elizabeth -- None Available
Torres Elizabeth $81,000 None Available
Fourgeau Ciers Denis $77,500 Title Professionals Of Fl
Meyer Kurt $45,900 Safe Harbor Title
Desoto Holdings Inc $35,900 Attorney
Deutsche Bank National Trust Company -- None Available
Marshall Howard $225,000 Select Title Guaranty Agency
Reese Steven Scott $90,000 Select Title Guaranty Agency
Reese Steven Scott $189,900 Select Title Guaranty Agency
Fiola Louis A $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiedefeld Steven J $141,750
Previous Owner Marshall Howard $202,500
Previous Owner Reese Steven Scott $180,000
Previous Owner Fiola Louis A $54,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $200,000 -2.4% $123 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/12/2018 05/12/18 For Sale $204,900 -- $126 / 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 $4,217 $182,998 -- --
2024 $4,217 $166,362 -- --
2023 $3,654 $151,238 $0 $0
2022 $3,395 $137,489 $0 $0
2021 $3,073 $124,990 $24,000 $100,990
2020 $2,926 $113,861 $24,000 $89,861
2019 $2,855 $112,242 $24,000 $88,242
2018 $2,646 $103,353 $24,000 $79,353
2017 $3,135 $93,672 $16,000 $77,672
2016 $2,984 $85,469 $16,000 $69,469
2015 $2,787 $73,297 $15,000 $58,297
2014 $2,415 $63,596 $12,032 $51,564
2013 -- $55,599 $4,800 $50,799
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steven Hayhurst Ricciardi

    Flat Charge Realty

    (239) 878-1400

    2 in this area

    31 Total Sales

    Steven Hayhurst Ricciardi
    Section Image
  • Terry Duffy

    Buyer's Agent in 2018

    Terry Duffy

    The Landmark Group SWFL LLC

    (239) 728-4990

    27 in this area

    107 Total Sales

    Terry Duffy
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218035025

Florida Gulf Coast Multiple Listing Service

APN: 24-44-23-C2-01068.0150

Florida Lee County Cape Coral 33990 Hancock

709 SE 9th St Unit A-B, Cape Coral, FL

This home is located at 709 SE 9th St Unit A-B, Cape Coral, FL 33990 since 12 May 2018 and is currently estimated at $331,545, approximately $204 per square foot. This property was built in 1980. 709 SE 9th St 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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