$575,000
SOLD DEC 4, 2024

7788 16th Terrace Labelle, FL 33935

4 Beds
3 Baths
2,031 Sq Ft
1.25 Acres

Recently Sold

$283 Per Sq Ft

7% Below List Price

108 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Den
  • Room in yard for a pool
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2024

This new home is ready for its lucky owner. The best of country living! No HOA! Spacious home features 4 bedrooms, 3 bathrooms, & a den, situated on 1.25-acres. 2 master suites, center island, & SS appliance package. The primary master suite boasts a large walk-in closet, his and her sinks, tiled shower. Entertain on the oversized screened lanai with outdoor kitchen equipped with dishwasher, sink, and openings for other appliances. Partially fenced-in yard, with rolling gate in the front; two driveways-main driveway with beautiful pavers. There's plenty of room for a pool and entertaining! The location couldn't be better - easy access to I-75, SR80, Seminole Casino, Ft. Myers, and Cape Coral. This area is growing fast, and homes are selling quickly. Virtual staging

Last Agent to Sell the Property

Donna Ryan

Sellstate 5 Star Realty License #3012367 Listed on: 07/21/2024

Sellstate 5 Star Realty

Last Buyer's Agent

Odalys Luis

JPM Realty Advisors, LLC License #3095951

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 2023 | New Construction

Lot Details

  • South Facing Home
  • Fenced
  • Property is zoned RR-WE

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,031 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Den
  • Tile Flooring
  • Property Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Laundry Tub
  • Washer and Dryer Hookup

Home Security

  • Complete Impact Glass
  • High Impact Door

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Wheeler Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 1-28-44-07-A00-0171.0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Ownership: Limited Partnership
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Use GPS or Google Maps
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Wheeler
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Water Softener Owned
  • Interior Amenities: First Floor Entry, Laundry Tub, Split Bedroom, Volume Ceilings, Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2031
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Metal Roof
  • View: Other
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Home Warranty: Yes
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Wheeler
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 1-28-44-07-A00-0171.0000
  • Zoning: RR-WE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2024
Closed on
Nov 27, 2024
Sold by
Labelle Dream Homes Partners Llc
Bought by
Boza Eduardo and Moreira Keyla Mulen
Seller's Agent
Donna Ryan
Sellstate 5 Star Realty
Buyer's Agent
Odalys Luis
JPM Realty Advisors, LLC
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%
Total Days on Market
108
Views
88
Current Estimated Value
$552,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,323
Avg. Annual Appreciation
-8.15%
Original Mortgage
$175,000
Outstanding Balance
$174,367
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$373,906

Purchase Details

Closed on
May 13, 2022
Sold by
Austin Snarr
Bought by
Labelle Dream Homes Partners Llc

Purchase Details

Closed on
Mar 24, 2017
Sold by
Cay Homes Inc
Bought by
Snarr Austin

Purchase Details

Closed on
Jan 16, 2017
Sold by
Johnston Deanna H
Bought by
Cay Homes Inc

Purchase Details

Closed on
Jan 1, 2017
Bought by
Snarr Austin
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $575,000 Townsend Title
Warranty Deed $45,000 New Title Company Name
Special Warranty Deed $11,000 None Available
Warranty Deed $4,750 The Title Company
Deed $4,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $352,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2024 12/04/24 Sold $575,000 -2.4% $283 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/29/2024 10/29/24 Price Changed $589,000 -1.7% $290 / Sq Ft
09/18/2024 09/18/24 Price Changed $599,000 -2.6% $295 / Sq Ft
07/21/2024 07/21/24 For Sale $615,000 -- $303 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $806 $41,875 $41,875 --
2023 $806 $33,000 $33,000 $0
2022 $579 $33,375 $33,375 $0
2021 $447 $14,000 $14,000 $0
2020 $420 $10,625 $10,625 $0
2019 $408 $9,750 $9,750 $0
2018 $400 $9,750 $9,750 $0
2017 $346 $8,500 $0 $0
2016 $311 $6,500 $0 $0
2015 $306 $6,500 $0 $0
2014 $293 $5,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11628557

MIAMI REALTORS® MLS

APN: 1-28-44-07-A00-0171-0000