NOT LISTED FOR SALE

905 SW 48th Terrace Unit 102 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $145,000 - $208,000

2 Beds
2 Baths
1,075 Sq Ft
4,129 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $180,000 $167 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,243/month

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Screened Patio
  • Cape Elementary School Rated A-
  • Screened Porch
  • Walk-In Closet

About This Home

As of April 2024

Welcome to your new home! This delightful 2-bedroom, 2-bathroom condo is now available for rent in Southwest Cape Coral. With a perfect blend of comfort and convenience, this property offers a fantastic living experience. This home has a well-appointed kitchen with modern appliances, a private screened in lanai offering a tranquil outdoor space and access to a refreshing community pool for your enjoyment.

Last Agent to Rent the Property

Joanna Rinella

Empire Property Management Group LLC License #258022321 Listed on: 02/20/2024

Empire Property Management Group LLC

Co-Listed By

Michelle Zamot

Empire Property Management Group LLC License #258019796

Last Renter's Agent

Michelle Zamot

Empire Property Management Group LLC License #258019796

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,916

Year Built

  • Built in 1983

Lot Details

  • 4,129

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Screened Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $1,650
  • Tenant pays for application fee, electricity, security, water
  • The owner pays for management
  • Legal Lot and Block 102 / 800

Community Details

Overview

  • Low-Rise Condominium
  • Cape Coral Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,916

Year Built

Built in 1983

Lot Details

0

Rental Info

  • Tenant Pays: Application Fee, Electricity, Security, See Remarks, Water
  • Security Deposit: 1650.0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0948
  • Co List Office Mls Id: PO15621
  • Co List Office Phone: 239-471-9196
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Traditional, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1983
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Owner Pays: Management
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Walk-In Closet(s), Split Bedrooms
  • Living Area: 1075.0
  • Dining Room Type: Screened Porch
  • Stories: 2

Exterior Features

  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: RV Restriction(s)
  • Exterior Features: None
  • Patio And Porch Features: Lanai, Porch, Screened

Garage/Parking

  • Parking Features: Assigned, Guest, One Space

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Pool
  • Pets Allowed: No

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Block: 800
  • Tax Lot: 102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 20, 2023
Sold by
5Cs Llc and 3J5r Llc
Bought by
Mennenga Michael D and Mennenga Kari L
Seller's Agent
Denise Chambre
Keller Williams Realty Fort Myers and the Islands
Buyer's Agent
Nick Schroeder
Vesteva Real Estate
List Price
$184,900
Sold Price
$180,000
Premium/Discount to List
-$4,900
-2.65%
Views
151
Current Estimated Value
$183,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,570
Avg. Annual Appreciation
1.13%

Purchase Details

Listed on
Feb 23, 2023
Closed on
Sep 14, 2023
Sold by
Kurtoglu Keri
Bought by
5Cs Llc and 3J5r Llc
Seller's Agent
Michelle Yeatter
Schooner Bay Realty, Inc.
Buyer's Agent
Denise Chambre
Keller Williams Realty Fort Myers and the Islands
List Price
$178,900
Sold Price
$160,000
Premium/Discount to List
-$18,900
-10.56%
Views
317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.39%

Purchase Details

Listed on
May 19, 2022
Closed on
Jul 7, 2022
Sold by
Tatjana Ivsukova
Bought by
Kurtoglu Keri
Seller's Agent
Steffen Vetter
Vesteva Real Estate
Buyer's Agent
Michelle Farmar
List Price
$219,999
Sold Price
$219,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-23.48%
Original Mortgage
$100,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2017
Sold by
Bair Michael William
Bought by
Ivsukova Tatjana

Purchase Details

Listed on
May 25, 2016
Closed on
Sep 2, 2016
Sold by
Carmenza Farrough
Bought by
Bair Michael
Seller's Agent
James Reynolds
Florida Complete Realty
Buyer's Agent
Kim Mendolera
Berkshire Hathaway Florida
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$82,500
Interest Rate
3.46%

Purchase Details

Closed on
Jul 30, 2013
Sold by
Federal National Mortgage Association
Bought by
Terneus Carmenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2013
Sold by
Cloud Timothy
Bought by
Gil Ivonne

Purchase Details

Closed on
Nov 9, 2012
Sold by
Gil Ivonne
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 14, 2004
Sold by
Favazzo Nicholas S
Bought by
Gil Ivonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 16, 2003
Sold by
Milanese Doris
Bought by
Favazzo Nicholas S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,700
Interest Rate
5.97%

Purchase Details

Closed on
Aug 4, 2003
Sold by
Milanese Richard and Milanese Doris
Bought by
Milanese Doris
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
Mennenga Michael D $180,000 None Listed On Document
5Cs Llc $160,000 Superior Title & Closings
Kurtoglu Keri $219,999 New Title Company Name
Ivsukova Tatjana $114,000 Landsel Title Agency Inc
Bair Michael -- --
Terneus Carmenza $53,000 Bayview Title Services Inc
Gil Ivonne -- Attorney
Federal National Mortgage Association -- None Available
Gil Ivonne $90,000 Title Professional Of Florid
Favazzo Nicholas S $75,900 --
Milanese Doris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kurtoglu Keri $100,000
Previous Owner Bair Michael $82,500
Previous Owner Bair Michael --
Previous Owner Terneus Carmenza $47,700
Previous Owner Gil Ivonne $30,000
Previous Owner Gil Ivonne $90,000
Previous Owner Favazzo Nicholas S $10,000
Previous Owner Favazzo Nicholas S $60,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2024 04/19/24 Rented -- -- --
03/25/2024 03/25/24 Price Changed $1,650 -4.3% $2 / Sq Ft
03/19/2024 03/19/24 Price Changed $1,725 -9.0% $2 / Sq Ft
02/20/2024 02/20/24 For Rent $1,895 0.0% --
11/30/2023 11/30/23 Pending -- -- --
11/24/2023 11/24/23 Pending -- -- --
11/20/2023 11/20/23 Sold $180,000 -7.6% $167 / Sq Ft
11/01/2023 11/01/23 Price Changed $194,900 +5.4% $181 / Sq Ft
11/01/2023 11/01/23 For Sale $184,900 0.0% $172 / Sq Ft
10/17/2023 10/17/23 Price Changed $184,900 -5.1% $172 / Sq Ft
10/05/2023 10/05/23 For Sale $194,900 +21.8% $181 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/14/2023 09/14/23 Sold $160,000 -10.6% $149 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $178,900 0.0% $166 / Sq Ft
08/10/2023 08/10/23 Price Changed $178,900 -8.3% $166 / Sq Ft
07/05/2023 07/05/23 Price Changed $195,000 -2.0% $181 / Sq Ft
06/21/2023 06/21/23 Price Changed $199,000 -1.0% $185 / Sq Ft
06/06/2023 06/06/23 Price Changed $201,000 -4.3% $187 / Sq Ft
05/11/2023 05/11/23 Price Changed $210,000 -3.6% $195 / Sq Ft
04/25/2023 04/25/23 Price Changed $217,900 -1.0% $203 / Sq Ft
04/11/2023 04/11/23 Price Changed $220,000 -13.7% $205 / Sq Ft
02/23/2023 02/23/23 For Sale $255,000 +15.9% $237 / Sq Ft
07/07/2022 07/07/22 Sold $219,999 0.0% $205 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $219,999 0.0% $205 / Sq Ft
01/04/2019 01/04/19 For Rent $1,175 -2.1% --
01/04/2019 01/04/19 Rented -- -- --
06/28/2017 06/28/17 Rented -- -- --
05/29/2017 05/29/17 Under Contract -- -- --
01/25/2017 01/25/17 For Rent $1,200 0.0% --
08/31/2016 08/31/16 Sold $115,000 -17.8% $107 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $139,900 -- $130 / 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 $2,916 $158,079 -- $158,079
2023 $3,302 $180,983 $0 $180,983
2022 $1,977 $95,764 $0 $0
2021 $1,848 $96,563 $0 $96,563
2020 $1,751 $88,018 $0 $88,018
2019 $1,655 $88,018 $0 $88,018
2018 $1,447 $65,408 $0 $65,408
2017 $1,409 $62,985 $0 $62,985
2016 $1,273 $55,689 $0 $55,689
2015 $1,500 $70,600 $0 $70,600
2014 -- $57,400 $0 $57,400
2013 -- $40,600 $0 $40,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Joanna Rinella

    Empire Property Management Group LLC

    (239) 431-5615

    12 Total Sales

    Section Image

  • M

    Landlord's Co-Listing Agent in 2024

    Michelle Zamot

    Empire Property Management Group LLC

    (239) 247-6799

    Section Image
  • Denise Chambre

    Seller's Agent in 2023

    Denise Chambre

    Keller Williams Realty Fort Myers and the Islands

    (978) 270-3726

    6 in this area

    253 Total Sales

    Section Image

  • M

    Seller's Agent in 2023

    Michelle Yeatter

    Schooner Bay Realty, Inc.

    (239) 281-0645

    6 in this area

    60 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Nick Schroeder

    Vesteva Real Estate

    (239) 839-2289

    4 in this area

    90 Total Sales

    Section Image
  • Steffen Vetter

    Seller's Agent in 2022

    Steffen Vetter

    Vesteva Real Estate

    (239) 470-5719

    39 in this area

    98 Total Sales

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 224010361

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-00800.1020

Florida Lee County Cape Coral 33914 Pelican

905 SW 48th Terrace Unit 102, Cape Coral, FL

This home is located at 905 SW 48th Terrace Unit 102, Cape Coral, FL 33914 since 20 February 2024 and is currently priced at $183,570. This property was built in 1983. 905 SW 48th Terrace Unit 102 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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