NOT LISTED FOR SALE

Estimated Value: $490,000 - $582,000

6 Beds
4 Baths
2,836 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $390,000 $138 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,859/month

62 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Patio
  • Cape Elementary School Rated A-
  • Oversized Lot
  • Tile Flooring

About This Home

As of March 2021

A beautiful duplex that feels more like single-family home living! This is a rare opportunity on the water to have three bedrooms, two baths, two car garages and a screened lanai on each side! Offering more privacy than a standard duplex, you don’t share any walls with the other unit except in the garage. There’s plenty of space as it is situated on an over-sized lot, nearly a triple lot site. There are tenants that have been there for about 5 years. New carpet was installed within the last year. The other side has brand new granite counter tops just installed. It is spotless and ready for owner occupancy or a new tenant. The property is conveniently located near Pine Island Rd. with plenty of shopping, restaurants, and things to do. It’s also closest to the free bridge to Fort Myers for easy access to the beaches and the airport.

Last Agent to Sell the Property

Brooke Cole Murray

RE/MAX Nautical Realty License #258024837 Listed on: 01/01/2021

RE/MAX Nautical Realty

Co-Listed By

Brenda Cole

RE/MAX Nautical Realty License #252000086

Last Buyer's Agent

Non-listing FGC MLS Non-Listing agent

FGC Non-MLS Office License #258029255

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,201

Year Built

  • Built in 2004

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120 x 125 x 120 x 125
  • Waterfront
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,836 Sq Ft Home
  • Ceiling Fan
  • Sliding Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Legal Lot and Block 48 / 2068
  • Assessor Parcel Number 06-44-24-C1-02068.0480

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,080
  • Net Operating Income $12,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,201

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.344
  • Lot Size: 120 x 125 x 120 x 125
  • Co List Office Mls Id: FREM1
  • Co List Office Phone: (239) 542-3332
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 2004
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Carpet, Tile
  • Window Features: Sliding

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 06-44-24-C1-02068.0480
  • Zoning Description: R3-W
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 12120.0
  • Annual Operating Expense: 1080.0

Tax Info

  • Tax Annual Amount: 5201.0
  • Tax Block: 2068
  • Tax Lot: 48
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Calderin Javier A
Bought by
Bauza Damian Wilson Balle and Reyes Aliuska Hernandez
Current Estimated Value
$528,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Outstanding Balance
$410,290
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$118,377

Purchase Details

Listed on
Jan 1, 2021
Closed on
Mar 18, 2021
Sold by
Whitmire Property Investments Ii Llc
Bought by
Calderin Javier A
Seller's Agent
Brooke Cole Murray
RE/MAX Nautical Realty
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$382,936
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 11, 2019
Closed on
Feb 14, 2019
Sold by
Cheetah Enterprises Llc
Bought by
Whitmire Property Investments Llc
Seller's Agent
Phillip Serna
Coldwell Banker Realty
Buyer's Agent
Vincenza Olson
Premiere Plus Realty Company
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%

Purchase Details

Listed on
Jan 11, 2019
Closed on
Dec 28, 2018
Sold by
Basher Gary and Basher Nancy
Bought by
Cheetah Enterprises Llc
Seller's Agent
Phillip Serna
Coldwell Banker Realty
Buyer's Agent
Vincenza Olson
Premiere Plus Realty Company
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Purchase Details

Closed on
Dec 13, 2011
Sold by
Basher Gary and Basher Nancy
Bought by
Basher Gary and Basher Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2003
Sold by
Pagonis Gust W
Bought by
Basher Gary
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 Buyer Sale Price Title Company
Bauza Damian Wilson Balle $450,000 Experienced Title & Escrow
Calderin Javier A $390,000 Cape Coral Ttl Ins Agcy Inc
Whitmire Property Investments Llc $345,000 Omega Title Llc
Cheetah Enterprises Llc $265,000 Security Title & Abstract Ll
Basher Gary -- Attorney
Basher Gary $9,000 --
Basher Gary $9,000 --
Basher Gary $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauza Damian Wilson Balle $441,849
Previous Owner Calderin Javier A $382,936
Previous Owner Basher Gary $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2021 03/23/21 Sold $390,000 0.0% $138 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $390,000 +13.0% $138 / Sq Ft
02/15/2019 02/15/19 Sold $345,000 -1.4% $122 / Sq Ft View Prior Sale
01/16/2019 01/16/19 Pending -- -- --
01/11/2019 01/11/19 For Sale $349,900 -- $123 / 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
2025 $13,037 $459,875 $65,085 $390,230
2024 $13,037 $418,355 $65,934 $347,689
2023 $8,154 $425,767 $68,486 $357,281
2022 $7,311 $388,203 $49,200 $339,003
2021 $5,680 $270,622 $17,414 $253,208
2020 $5,379 $243,052 $12,100 $230,952
2019 $5,201 $235,780 $20,900 $214,880
2018 $4,873 $231,758 $15,400 $216,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221000094

Florida Gulf Coast Multiple Listing Service

APN: 06-44-24-C1-02068.0480