NOT LISTED FOR SALE

717 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $825,000 - $990,000

3 Beds
3.5 Baths
2,653 Sq Ft
$352/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $560,000 $211 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,995/month

24 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal Access
  • Cape Elementary School Rated A-
  • Heated In Ground Pool
  • Canal View

About This Home

As of July 2020

PRICE REDUCTION!!! Pure Elegance situated on a gulf access canal! This spacious home is truly remarkable inside and out with no detail spared. From the time you pull into the driveway you will feel you are in your own Oasis. Features include tray ceilings, tile floors in the living areas, 135 degree sliders, level 5 granite throughout, crown molding, silver travertine in the bathrooms, oversized side entry garage and much more. Each bedroom has it's own bath. The custom kitchen offers a center island and lots of space for entertaining while listening to surround sound. Step out into the 1500 sq/ft lanai and enjoy the heated salt water pool and spa with complete automation. Paved walk way leading to the concrete dock to encompass the waterfront lifestyle. Impact windows and doors, shutters for the mitered glass at the breakfast nook. Owners have meticulously maintained this home with all documents available. Close to the many areas of interest such as Cape Harbour, Tarpon Point Marina and downtown Cape Coral.

Last Agent to Sell the Property

Terri Inge

Jones & Co Realty License #258021167 Listed on: 05/28/2020

Jones & Co Realty

Last Buyer's Agent

Erik Fine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,069

Year Built

  • Built in 2016

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 125 x 80 x 125
  • Home fronts a seawall
  • South Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned R3-W

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,653 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Wired For Sound
  • Tray Ceiling
  • Ceiling Fan
  • Tinted Windows
  • Shutters
  • Single Hung Windows
  • French Doors
  • Formal Dining Room
  • Home Office
  • Canal Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Burglar Security System
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Screen Enclosure
  • Pool Equipment or Cover
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 30 / 1729
  • Assessor Parcel Number 11-45-23-C1-01729.0300

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Security

  • Card or Code Access
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,069

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: West on Cape Coral Pkwy, Right on Skyline, Right on SW 40th Ter, house is on your left.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2016
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, In Ground, Screened
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Tray Ceiling(s), Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), High Speed Internet, Kitchen Island, Living/Dining Room, Pantry, Separate Shower, Cable TV, Walk-In Closet(s), Wired for Sound, Home Office, Split Bedrooms
  • Living Area: 2653.0
  • Stories: 1
  • Window Features: Single Hung, Tinted Windows, Impact Glass, Shutters, Window Coverings
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Seawall, See Remarks
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Burglar Alarm (Monitored), Key Card Entry, Phone Entry, See Remarks, Security System, Smoke Detector(s)
  • 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: Boat Facilities
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 11-45-23-C1-01729.0300
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8069.0
  • Tax Block: 1729
  • Tax Lot: 30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jul 21, 2020
Sold by
Mccray Glynda J and Mccray Michael D
Bought by
Campisi Christian
Seller's Agent
Terri Inge
Jones & Co Realty
Buyer's Agent
Erik Fine
List Price
$654,500
Sold Price
$560,000
Premium/Discount to List
-$94,500
-14.44%
Current Estimated Value
$932,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,779
Avg. Annual Appreciation
10.27%

Purchase Details

Listed on
Dec 27, 2016
Closed on
May 17, 2017
Sold by
Sw Florida Land Exchange Llc
Bought by
Mccray Michael D and Mccray Glynda L
Seller's Agent
Joseph Falzone
ERA Right Choice Realty
Buyer's Agent
Terri Inge
List Price
$675,000
Sold Price
$645,000
Premium/Discount to List
-$30,000
-4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.35%
Original Mortgage
$345,000
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2013
Sold by
Sharp Landing Llc
Bought by
Sw Florida Land Exchange Llc

Purchase Details

Closed on
Aug 12, 2013
Sold by
Stoughton Kevin and Trueblood Lorraine
Bought by
Sharp Landing Llc
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
Campisi Christian $560,000 Cape Coral Ttl Ins Agcy Inc
Mccray Michael D $645,000 Security Title & Abstract Ll
Sw Florida Land Exchange Llc $45,000 Security Title & Abstract Ll
Sharp Landing Llc $40,000 Suncoast One Title & Closing
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccray Michael D $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2020 07/22/20 Sold $560,000 -14.4% $211 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $654,500 +1.5% $247 / Sq Ft
05/17/2017 05/17/17 Sold $645,000 -4.4% $243 / Sq Ft View Prior Sale
04/17/2017 04/17/17 Pending -- -- --
12/27/2016 12/27/16 For Sale $675,000 -- $255 / 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 $12,604 $701,026 -- --
2024 $11,181 $637,296 -- --
2023 $11,181 $579,360 $0 $0
2022 $10,145 $526,691 $0 $0
2021 $8,993 $478,810 $70,851 $407,959
2020 $7,788 $434,441 $59,000 $375,441
2019 $8,069 $410,991 $60,900 $350,091
2018 $8,322 $415,087 $58,000 $357,087
2017 $6,977 $350,437 $53,000 $297,437
2016 $1,087 $53,000 $53,000 $0
2015 $987 $37,600 $37,600 $0
2014 -- $40,300 $40,300 $0
2013 -- $26,600 $26,600 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terri Inge

    Jones & Co Realty

    Section Image

  • E

    Buyer's Agent in 2020

    Erik Fine

    Section Image
  • Joseph Falzone

    Seller's Agent in 2017

    Joseph Falzone

    ERA Right Choice Realty

    (239) 218-2332

    11 in this area

    21 Total Sales

    Joseph Falzone
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220033442

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C1-01729.0300

Florida Lee County Cape Coral 33914 Pelican

717 SW 40th Terrace, Cape Coral, FL

This home is located at 717 SW 40th Terrace, Cape Coral, FL 33914 since 28 May 2020 and is currently estimated at $932,779, approximately $351 per square foot. This property was built in 2016. 717 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa 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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