NOT LISTED FOR SALE

723 SW 53rd Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $1,090,000 - $1,640,000

3 Beds
2.5 Baths
3,381 Sq Ft
$395/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $675,000 $200 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,394/month

19 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • 0.51 Acre Lot
  • Cape Elementary School Rated A-
  • Concrete Pool
  • Deck

About This Home

As of December 2017

Welcome to "Margaritaville", Set Sail today & explore this Custom Key West Style Home located on Lake Britannia in desirable 8-Lakes area! Situated on an Over-Sized Corner Lot, this Beautiful, Well Constructed (concrete block) home will take your breath away. From its Stylish Key's inspired Architecture, complete with Front Porch , Large Covered Screened Lanai, & Metal Roof; it truly is a Tropical Paradise. Experience "Changes in Latitude, Changes in Attitude" immediately as you enter through the front doors. Home boast 3380 sq ft of living area, 3BR, 3BA + Den, with Spacious sized rooms, Soaring Ceilings, & plenty of storage for all your Acquired "Treasures". Recent upgrades include "Plank" Tile Floors throughout, High End SS Viking Appliances in the Kitchen, New Tangent Dock with 2 Covered Boat Lifts, and Electric Pool Heater. Master BR has a large Sitting Room, Generous Master Bath, complete with His & Her Vanities, Soaking Tub, Walk-in Shower & Separate Toilet Rooms. Kitchen includes Large Walk-in Pantry & even your own "Private" Wine Cellar! Need extra Storage for your Prized Cars or extensive Fishing Gear? Home has 3 Car Garage + Separate, Climate controlled storage room!!

Last Agent to Sell the Property

Jim Peterson

Royal Shell Real Estate, Inc. License #252012561 Listed on: 11/08/2017

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Sherry Carlson

Century 21 Selling Paradise License #376510780

Century 21 Selling Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,687

Year Built

  • Built in 2001

Lot Details

  • 0.51 Acre Lot
  • Lake Front
  • Southwest Facing Home
  • Corner Lot
  • Oversized Lot
  • Sprinkler System
  • Property is zoned R1-W

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,381 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Fireplace
  • Electric Shutters
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Accessible Home Design

  • Wheelchair Access

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 4534
  • Assessor Parcel Number 14-45-23-C4-04534.0510

Community Details

Overview

  • No Home Owners Association
  • Cape Coral Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,687

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.51
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Cape Coral Parkway West to Skyline Blvd, turn left (South) to SW 53rd Ter, turn left (East), home on left on the corner.
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2001
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Double Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, See Remarks, Wine Cooler, Washer
  • Other Equipment: Intercom
  • Accessibility Features: Wheelchair Access
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Attic, Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Speed Internet, Jetted Tub, Multiple Shower Heads, Pantry, Pull Down Attic Stairs, Split Bedrooms, See Remarks, Separate Shower, Cable TV, Walk-In Pantry, Bar
  • Living Area: 3381.0
  • Stories: 1
  • Window Features: Single Hung, See Remarks, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, Oversized Lot, Sprinklers Automatic
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Vinyl Siding
  • Direction Faces: Southwest
  • Exterior Features: Deck, Sprinkler/Irrigation, Storage, Shutters Electric, Shutters Manual
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Garage, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • 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

Schools

  • Elementary School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Middle Or Junior School: SCHOOL CHOICE

Lot Info

  • Parcel #: 14-45-23-C4-04534.0510
  • Zoning Description: R1-W
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 13687.0
  • Tax Block: 4534
  • Tax Lot: 1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2017
Closed on
Dec 28, 2017
Sold by
Livi Martinez Kirk D
Bought by
Baum Kurt L and Baum Deona R
Seller's Agent
Jim Peterson
Royal Shell Real Estate, Inc.
Buyer's Agent
Sherry Carlson
Century 21 Selling Paradise
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Current Estimated Value
$1,336,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,580
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Apr 13, 2016
Sold by
Matinez Kirk D
Bought by
Livi Martinez Karik D and Kirk D Martinez Revocable Living Trust

Purchase Details

Closed on
Apr 17, 2013
Sold by
Tolles Anna C
Bought by
Martinez Kirk D

Purchase Details

Closed on
Jul 29, 2009
Sold by
Tolles Anna C
Bought by
Tolles Anna C and The Anna C Tolles Trust

Purchase Details

Closed on
Aug 6, 1999
Sold by
Alibro Frank J and Alibro Joyce M
Bought by
Tolles Earle and Tolles Anna

Purchase Details

Closed on
May 15, 1998
Sold by
Rose Drinkwater Stephen and Rose Drinkwaer
Bought by
Alibro Frank
Source: Public Records

Range of Values:

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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
Baum Kurt L $675,000 Assured Title Svcs Llc
Livi Martinez Karik D -- Attorney
Martinez Kirk D $550,000 Stewart Title Company
Tolles Anna C -- Attorney
Tolles Earle $122,000 --
Alibro Frank $88,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolles Earl $412,000
Previous Owner Tolles Earle F $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $675,000 -3.4% $200 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $699,000 -- $207 / 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
2024 $13,333 $838,346 -- --
2023 $13,333 $813,928 $0 $0
2022 $12,779 $790,221 $0 $0
2021 $13,432 $833,025 $344,361 $488,664
2020 $13,758 $756,612 $316,000 $440,612
2019 $13,841 $763,878 $316,000 $447,878
2018 $15,067 $771,966 $301,000 $470,966
2017 $12,302 $650,059 $262,000 $388,059
2016 $13,687 $676,477 $303,743 $372,734
2015 $13,458 $654,220 $265,442 $388,778
2014 -- $584,831 $245,723 $339,108
2013 -- $633,813 $161,702 $472,111
Source: Public Records

Agents Affiliated with this Home

  • Jim Peterson

    Seller's Agent in 2017

    Jim Peterson

    Royal Shell Real Estate, Inc.

    (239) 470-2353

    57 in this area

    90 Total Sales

    Section Image

  • S

    Buyer's Agent in 2017

    Sherry Carlson

    Century 21 Selling Paradise

    (309) 696-7020

    2 in this area

    15 Total Sales

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217068713

Florida Gulf Coast Multiple Listing Service

APN: 14-45-23-C4-04534.0510

Florida Lee County Cape Coral 33914 Pelican

723 SW 53rd Terrace, Cape Coral, FL

This home is located at 723 SW 53rd Terrace, Cape Coral, FL 33914 since 08 November 2017 and is currently estimated at $1,336,580, approximately $395 per square foot. This property was built in 2001. 723 SW 53rd Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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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