NOT LISTED FOR SALE

711 SE 24th Ave Cape Coral, FL 33990

Hancock Neighborhood

Estimated Value: $416,000 - $491,000

6 Beds
4 Baths
2,206 Sq Ft
$207/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $360,000 $163 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,937/month

Highlights

  • Waterfront
  • Canal Access
  • Tile Flooring
  • Cape Elementary School Rated A-
  • Oversized Lot
  • Central Heating and Cooling System

About This Home

As of April 2021

Here is your chance to own an investment property that really stands out! First there is a new roof in 2019, new AC in 2016, a quiet backyard backing up to a small canal and wooded area, no assessments with all utilities in place, screened lanai under truss, inside laundry space, new exterior paint. Plus the inside has an open floor plan with an exceptionally large kitchen open to the great room with cathedral ceilings. High end plantation shutters over most of the windows, walk in closet in the master bedroom and a screened front entry. Super convenient location with sidewalks out front. Hurry, won't last long.

Last Agent to Sell the Property

Kelly Ann Hammer

Century 21 Selling Paradise License #258018713 Listed on: 04/16/2021

Century 21 Selling Paradise

Last Buyer's Agent

Kenneth Bruno

Just Right Realty Company License #258023969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 2003

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions are 80 x 130 x 80 x 130
  • Waterfront
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,206 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, water
  • Legal Lot and Block 13 / 1377
  • Assessor Parcel Number 17-44-24-C3-01377.0130

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Building Details

  • Net Operating Income $8,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,540

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.241
  • Lot Size: 80 x 130 x 80 x 130
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: On the east side of SE 24th Ave.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2003
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 17-44-24-C3-01377.0130
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 8060.0

Tax Info

  • Tax Annual Amount: 4540.0
  • Tax Block: 1377
  • Tax Lot: 13
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 5, 2021
Sold by
Mahan Guy A and Mahan Susan
Bought by
Li Julia
Seller's Agent
Kelly Ann Hammer
Century 21 Selling Paradise
Buyer's Agent
Kenneth Bruno
Just Right Realty Company
List Price
$374,900
Sold Price
$360,000
Premium/Discount to List
-$14,900
-3.97%
Current Estimated Value
$457,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,333
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Jan 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Mahan Guy A and Mahan Susan

Purchase Details

Closed on
Jun 29, 2010
Sold by
Salim Soraya and Salim Mouise
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2005
Sold by
Faatz Mary Jane
Bought by
Salim Mouise and Salim Soraya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 27, 2003
Sold by
George Andrew
Bought by
Faatz Mary Jane
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
Li Julia $360,000 Team Title Ins Agcy Inc
Mahan Guy A $94,500 Attorney
Federal National Mortgage Association $269,700 Attorney
Salim Mouise $355,000 Title Professionals Of Fl
Faatz Mary Jane $212,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salim Mouise $284,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2021 04/16/21 Sold $360,000 -4.0% $163 / Sq Ft
04/16/2021 04/16/21 For Sale $374,900 -- $170 / 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 $6,375 $346,870 -- --
2024 $6,216 $315,336 $56,259 $250,387
2023 $6,216 $307,646 $89,088 $216,006
2022 $6,245 $324,108 $48,253 $275,855
2021 $4,787 $232,653 $47,472 $185,181
2020 $4,540 $210,750 $31,500 $179,250
2019 $4,264 $206,724 $35,000 $171,724
2018 $4,054 $194,609 $35,000 $159,609
Source: Public Records

Agents Affiliated with this Home

  • Kelly Ann Hammer

    Seller's Agent in 2021

    Kelly Ann Hammer

    Century 21 Selling Paradise

    (239) 707-7154

    27 in this area

    140 Total Sales

    Kelly Ann Hammer
    Section Image

  • K

    Buyer's Agent in 2021

    Kenneth Bruno

    Just Right Realty Company

    (732) 915-5592

    5 in this area

    8 Total Sales

    Kenneth Bruno
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221026554

Florida Gulf Coast Multiple Listing Service

APN: 17-44-24-C3-01377.0130

Florida Lee County Cape Coral 33903 Hancock

711 SE 24th Ave, Cape Coral, FL

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