NOT LISTED FOR SALE

806/808 NE 8th Terrace Cape Coral, FL 33909

Diplomat Neighborhood

Estimated Value: $358,000 - $366,000

4 Beds
4 Baths
1,758 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 02, 2016

Last sale price $67,506 $38 Per Sq Ft

Est. 436% increase in value since last sale

Current estimated payment $2,106/month

30 Days on Market

Highlights

  • No HOA
  • Porch
  • Open Patio
  • Cape Elementary School Rated A-
  • Bathtub with Shower
  • Central Heating and Cooling System

About This Home

As of November 2016

ATTENTION INVESTORS!! This 4 B/R, 4 Bath DUPLEX has 879 ft. per unit that's a great opportunity for Investor/Builders. This is an auction property. ALL BUYERS AND AGENTS must register and submit offers at https://www.auction.com/broker-residential/residential.php . Auction results may take up to 7 calendar days after auction closes. $2000 buyer premium paid at closing. Bank of America, N.A. employees and employees’ household members and HTS business partners of the Bank, are prohibited from purchasing this property, whether directly or indirectly.

Last Agent to Sell the Property

Ron Lipschitz

Realty Resource Group Inc License #258008604 Listed on: 09/02/2016

Last Buyer's Agent

Terry Records

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Rectangular Lot

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,758 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Open Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 3 / 2008
  • Assessor Parcel Number 06-44-24-C4-02008.0030

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Low-Rise Condominium
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Co-Op

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 125 x 80 x 125
  • Ownership: Co-Op
  • Subdivision Name: CAPE CORAL
  • Directions: Pine Island Rd to Andalusia North. Turn Right on NE 8th Ter. Duplex is 2nd property on the right.
  • Architectural Style: Other, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1983
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: 84

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: See Remarks, Tub Shower
  • Living Area: 1758.0
  • Stories: 1
  • Window Features: See Remarks
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes
  • Common Interest: Stock Cooperative

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Parcel #: 06-44-24-C4-02008.0030
  • Zoning Description: P1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2330.0
  • Tax Block: 2008
  • Tax Lot: 3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2019
Sold by
Homehuggers Property Solutions Inc
Bought by
Logan James
Current Estimated Value
$362,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
11%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 3, 2017
Sold by
Sunnsyside Property Llc
Bought by
Homehuggany Property Solition Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 20, 2016
Sold by
Bank Of America N A
Bought by
Sunnyside Property Solutions Llc
Seller's Agent
Ron Lipschitz
Realty Resource Group Inc
Buyer's Agent
Terry Records
List Price
$57,500
Sold Price
$67,506
Premium/Discount to List
$10,006
17.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%

Purchase Details

Closed on
Feb 17, 2015
Sold by
King Sandra K
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Logan James $115,000 Fidelity Natl Ttl Of Fl Inc
Homehuggany Property Solition Inc $89,000 Tropical Shells Title Llc
Sunnyside Property Solutions Llc $67,506 Servicelink Llc
Bank Of America Na $12,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Logan James $70,000
Previous Owner Homehuggany Property Solition Inc $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2016 11/02/16 Sold $67,506 +17.4% $38 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $57,500 -- $33 / 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 $1,601 $41,538 -- --
2023 $1,601 $27,982 $27,972 $10
2022 $1,647 $34,329 $0 $0
2021 $1,417 $31,208 $9,000 $22,208
2020 $1,858 $43,223 $11,500 $31,723
2019 $1,679 $30,677 $11,500 $19,177
2018 $3,107 $105,780 $11,500 $94,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216055533

Florida Gulf Coast Multiple Listing Service

APN: 06-44-24-C4-02008.0030