$140,000
SOLD JUN 24, 2019

816 SW 48th Terrace Unit 203 Cape Coral, FL 33914

Pelican Neighborhood
2 Beds
2 Baths
1,186 Sq Ft
$355/mo HOA Fee

Recently Sold

$118 Per Sq Ft

12% Below List Price

107 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Canal View
  • Cape Elementary School Rated A-
  • Canal Access
  • Deck

About This Home

As of November 2023

Perfectly located waterfront. Water views to the east, south and west. Plus 4 adjacent lakes that feed boats past the unit to the Gulf all day long. Fun to watch. NEW, COMPLETE A/C SYSTEM JUST INSTALLED (APRIL 2019) FREE dockage for up to a 26 ft boat directly in front of the screened lanai! Sailboat access (meaning no bridges to go under) to gulf. End unit with 3 more windows, sunsets and gulf breezes. Palm trees cover the site . Heated pool steps away at water’s edge. Covered and assigned parking with Locked storage and guest spaces. Entire exterior just repainted. Furnished and equipped. Inside 2 bedrooms, 2 baths. Master bath has a NEW TRAVERTINE STONE TILE WALK-IN OVERSIZE SHOWER (including new plumbing and fixtures). Kitchen and entryway have NEW PLANK FLOORING, TRACK LIGHTING and CROWN MOLDING. 3-sided Screened lanai, nestled in palm trees. The great room has a glass-framed wet bar and a flat screen TV. NEW water heater and clothes dryer added in 2018. Beach and downtown a bike ride away and the airport is less than a half hour. Unit just appraised at $162,000 BEFORE improvements!

Last Agent to Sell the Property

Cliff Glansen

Flatfee.com License #278017259 Listed on: 02/06/2019

Last Buyer's Agent

Brandon Burns

Cornerstone Coastal Properties License #258025756

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1984

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • Northeast Facing Home

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,186 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Partially Furnished
  • Sliding Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Guest Parking

Outdoor Features

  • Canal Access
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 203 / 110C
  • Assessor Parcel Number 15-45-23-C2-0110C.2030

Community Details

Overview

  • Association fees include ground maintenance, pest control, trash
  • 28 Units
  • Association Phone (239) 573-5343
  • Low-Rise Condominium
  • Cape Regatta Condo Subdivision

Recreation

  • Boat Dock
  • Pier or Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,239

Year Built

Built in 1984

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: CAPE REGATTA CONDO
  • Directions: From Cape Coral Bridge, west onto Cape Coral Parkway, past Skyline and take next permitted left onto SW 10 Ave. Go left again on SW 48th Terrace to 816 unit 203.
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s)
  • Living Area: 1186.0
  • Stories: 1
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: Northeast
  • Exterior Features: Deck
  • Patio And Porch Features: Balcony, Deck
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Guest, Detached Carport

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: Boat Dock, Pier, Pool
  • Association Fee: 355.0
  • Association Fee Frequency: Monthly
  • Phone: 239-573-5343
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control, Trash

Lot Info

  • Parcel #: 15-45-23-C2-0110C.2030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 28

Tax Info

  • Tax Annual Amount: 2239.0
  • Tax Block: 110C
  • Tax Lot: 203
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Nov 3, 2023
Sold by
Garringer Kathy J
Bought by
Berghuis Scott Louis
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Ted Stout
Realmark Realty Group II LLC
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%
Views
27
Current Estimated Value
$267,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,275
Avg. Annual Appreciation
-5.81%

Purchase Details

Closed on
Sep 10, 2021
Sold by
Collett Mark A
Bought by
Garringer Kathy J

Purchase Details

Listed on
Feb 6, 2019
Closed on
Jun 24, 2019
Sold by
Pensco Trust Company
Bought by
Collett Mark Anthony and Garringer Kathy Jean
Seller's Agent
Cliff Glansen
Flatfee.com
Buyer's Agent
Brandon Burns
Cornerstone Coastal Properties
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Mar 9, 2010
Sold by
Federal National Mortgage Association
Bought by
Pensco Trust Company

Purchase Details

Closed on
Aug 4, 2009
Sold by
Minardo Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 27, 2001
Sold by
Slatky Phyllis
Bought by
Slatky Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,500
Interest Rate
7.08%

Purchase Details

Closed on
Jun 8, 2001
Sold by
Minardo Michael
Bought by
Slatky Phyllis

Purchase Details

Closed on
Oct 9, 1998
Sold by
Flynn James E and Flynn Kathleen P
Bought by
Minardo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Interest Rate
6.95%
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 Type Sale Price Title Company
Warranty Deed $300,000 Landsel Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $140,000 Talon Title Services Llc
Special Warranty Deed $84,000 Attorney
Trustee Deed -- None Available
Warranty Deed $81,500 --
Warranty Deed $81,500 --
Warranty Deed $63,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $81,500 No Value Available
Previous Owner $59,850 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2023 11/04/23 Sold $300,000 -7.7% $253 / Sq Ft
10/15/2023 10/15/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $324,900 +132.1% $274 / Sq Ft
06/24/2019 06/24/19 Sold $140,000 -12.5% $118 / Sq Ft
05/25/2019 05/25/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $160,000 -- $135 / 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 $1,698 $240,717 -- $240,717
2023 $1,698 $123,351 $0 $0
2022 $1,612 $119,758 $0 $0
2021 $1,608 $125,767 $0 $125,767
2020 $1,613 $114,665 $0 $114,665
2019 $2,340 $114,665 $0 $114,665
2018 $2,285 $115,473 $0 $115,473
2017 $2,190 $115,473 $0 $115,473
2016 $2,051 $107,600 $0 $107,600
2015 $1,940 $100,700 $0 $100,700
2014 -- $86,400 $0 $86,400
2013 -- $65,800 $0 $65,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219011400

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-0110C.2030