NOT LISTED FOR SALE

Estimated Value: $455,000 - $598,000

6 Beds
4 Baths
2,420 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $295,000 $122 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,429/month

Highlights

  • Newly Remodeled
  • Oversized Lot
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • 3-minute walk to Reflections Park

About This Home

As of May 2017

Fantastic, NEW CONSTRUCTION duplex located on an OVERSIZED LOT measuring 140 feet x 125 feet with an upgraded landscape package & City water & sewer! This beautiful property offers 3 bedrooms, 2 bathrooms & a 1 car attached garage with 1,210 square feet of living space in each unit. The welcoming floor plan features a cathedral ceiling & tile floors throughout. The open kitchen has a large breakfast bar, beautiful wood cabinetry, attractive granite counter tops & black appliances. The master bedroom has an en suite bathroom with a step-in shower, the guest bathroom has a tub/shower combination & both feature a lovely tile surround. This would make a great investment property or you could live in one side & rent the other unit for additional income. Call today for your personal tour!

Last Agent to Sell the Property

Robert Cheyne

EXP Realty LLC License #258011374 Listed on: 03/30/2017

EXP Realty LLC

Co-Listed By

Linda Cheyne

EXP Realty LLC License #258008150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 140 x 125 x 140 x 125
  • Oversized Lot
  • Sprinkler System

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,420 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Legal Lot and Block 1 / 1929
  • Assessor Parcel Number 14-44-23-C3-01929.0010

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,826

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.41
  • Lot Size: 140 x 125 x 140 x 125
  • Co List Office Mls Id: FEARN
  • Co List Office Phone: (239) 236-7584
  • Subdivision Name: CAPE CORAL
  • Directions: Santa Barbara Blvd. to West on Nicholas Pkwy. W. Duplex is on the right side on the corner of Nicholas Pkwy. W & SW 7th Terrace.
  • Architectural Style: Duplex
  • New Construction: Yes
  • Structure Type: Duplex
  • Year Built: 2017
  • Property Sub Type Additional: Duplex
  • Special Features: NewHome

Interior Features

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

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: New Construction
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 14-44-23-C3-01929.0010
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1826.0
  • Tax Block: 1929
  • Tax Lot: 1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
May 11, 2017
Sold by
Mccabe Scott
Bought by
Cahoy William J and Cahoy Jennifer A
Seller's Agent
Robert Cheyne
EXP Realty LLC
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$509,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,000
Avg. Annual Appreciation
6.67%
Original Mortgage
$221,250
Outstanding Balance
$183,997
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$325,003

Purchase Details

Closed on
Apr 10, 2014
Sold by
Lee County Acquisition Llc
Bought by
Big Marlin Properties Llc and Rdb Ventures 1428 Llc

Purchase Details

Closed on
Jan 24, 2012
Sold by
County Of Lee
Bought by
Lee County Acquisition Llc

Purchase Details

Closed on
Oct 3, 2007
Sold by
Bartlett Michael
Bought by
Bart Ventures I Llc

Purchase Details

Closed on
Nov 30, 2001
Sold by
Cullen Joseph E
Bought by
Bartlett Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,775
Interest Rate
6.59%
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
Cahoy William J $295,000 Title Specialists Of The Gul
Big Marlin Properties Llc -- None Available
Lee County Acquisition Llc $6,118 None Available
Bart Ventures I Llc -- None Available
Bartlett Michael $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahoy William J $221,250
Previous Owner Bartlett Michael $7,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $295,000 -1.6% $122 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $299,900 -- $124 / 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 $8,866 $382,358 -- --
2024 $8,287 $347,598 -- --
2023 $8,287 $315,998 $0 $0
2022 $7,600 $287,271 $0 $0
2021 $7,095 $262,006 $50,000 $212,006
2020 $6,422 $237,414 $50,000 $187,414
2019 $6,294 $232,566 $56,000 $176,566
2018 $6,128 $219,624 $47,000 $172,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217023734

Florida Gulf Coast Multiple Listing Service

APN: 14-44-23-C3-01929.0010