NOT LISTED FOR SALE

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

Hancock Neighborhood

Estimated Value: $268,838 - $369,000

4 Beds
2 Baths
-- Sq Ft
0.28 Acres

Last Sold March 24, 2020

Last sale price $199,900

Est. 66% increase in value since last sale

Current estimated payment $2,119/month

66 Days on Market

Highlights

  • Concrete Block With Brick
  • Patio
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • 2-minute walk to Cultural Park

About This Home

As of March 2020

This is a corner lot with the possibility of commercial in the future. Close to the industrial park, city hall and the police station. units have tile through out.

Last Agent to Sell the Property

Jeff Gerrero

Realty World J. PAVICH R.E. License #BEAR-552482 Listed on: 12/10/2019

Realty World J. PAVICH R.E.

Last Buyer's Agent

Jeff Gerrero

Realty World J. PAVICH R.E. License #BEAR-552482 Listed on: 12/10/2019

Realty World J. PAVICH R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 90

Home Design

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Tile Flooring
  • Patio

Listing and Financial Details

  • Tenant pays for cable, sewer, water
  • Assessor Parcel Number 24-44-23-C2-01068.0190
  • Tax Block 1068

Community Details

Overview

  • 2 Units
  • Cape Coral Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $1,020
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,406

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Legal Description: CAPE CORAL UNIT 24 BLK.1068 PB 14 PG 77 LOTS 19 + 20
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.636428$-81.959003$18.40$13.33$1.00$hJNjPrfAAj3vmmDPmFeZOQ
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: With Approval
  • Development: Cape Coral
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: CAPE CORAL

Lot Info

  • Lot Back: 90
  • Lot Frontage: 90
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 19
  • Section: 24
  • Waterfront: No
  • Zoning Code: P-1
  • Acres: 0.2830
  • Lot Description: Corner, Oversize
  • Lot Dimensions: 90 X 125
  • Parcel Number: 24-44-23-C2-01068.0190

Rental Info

  • Tenant Pays: Cable, Sewer, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 2406.00

Multi Family

  • Gross Rental Income: 17760.00
  • Annual Expenses: 1020.00
  • Annual Net Operating Income: 1000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Mar 20, 2020
Sold by
Duncan Vincent L
Bought by
Landohomes Investments Llc
Seller's Agent
Jeff Gerrero
Realty World J. PAVICH R.E.
Buyer's Agent
Jeff Gerrero
Realty World J. PAVICH R.E.
List Price
$215,900
Sold Price
$199,900
Premium/Discount to List
-$16,000
-7.41%
Current Estimated Value
$331,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,310
Avg. Annual Appreciation
9.52%
Original Mortgage
$159,200
Outstanding Balance
$134,629
Interest Rate
3.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$196,581

Purchase Details

Closed on
Jan 16, 1999
Sold by
Martinez Elvira
Bought by
Duncan Vincent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 4, 1998
Sold by
Holloway Joan D
Bought by
Martinez Elvira
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
Landohomes Investments Llc $199,900 Assurance Title Agency Llc
Duncan Vincent L $74,000 --
Martinez Elvira $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landohomes Investments Llc $159,200
Previous Owner Duncan Vincent L $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2020 03/24/20 Sold $199,900 0.0% --
02/14/2020 02/14/20 Pending -- -- --
02/09/2020 02/09/20 Price Changed $199,900 -7.4% --
12/10/2019 12/10/19 For Sale $215,900 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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 $4,273 $183,630 -- --
2024 $3,662 $166,936 -- --
2023 $3,662 $151,760 $48,000 $100,649
2022 $3,436 $139,876 $0 $0
2021 $3,114 $127,160 $24,226 $102,934
2020 $2,658 $115,471 $24,000 $91,471
2019 $2,513 $113,857 $24,000 $89,857
2018 $2,406 $108,206 $24,000 $84,206
2017 $2,249 $96,903 $16,000 $80,903
2016 $2,084 $88,998 $16,000 $72,998
2015 $1,899 $76,192 $15,000 $61,192
2014 $1,719 $64,204 $12,032 $52,172
2013 -- $56,008 $4,600 $51,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 219081487

Multiple Listing Service of Bonita Springs-Estero

APN: 24-44-23-C2-01068.0190