NOT LISTED FOR SALE

922 SW 48th Terrace Unit 112 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $208,191 - $360,000

2 Beds
2 Baths
1,072 Sq Ft
6,882 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $217,500 $203 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,699/month

57 Days on Market

Highlights

  • Boat Dock
  • Active Adult
  • Breakfast Area or Nook
  • Community Cabanas
  • Home fronts a canal
  • Porch

About This Home

As of April 2018

LOCATION, LOCATION, LOCATION!!!! What an Amazing View!!!! INTERSECTING CANALS!!!! Direct Gulf Access!!! That's right NO BRIDGES!!!! This is it "Move Right In"!!!! ESCAPE from the harsh winters!!!! Come Live the Florida Lifestyle!!!! This Southern Exposure Waterfront Condo has been completely remodeled as of 2015. Offering new tile, carpeting in bedrooms, stainless steel appliances, granite counter-tops, new kitchen cabinets, new water heater(2015), new high impact triple pane windows(2018). Custom window treatments. Washer and Dryer inside unit. Lanai offers a panel system that can be used to enclose/protect your furniture from rain and wind. Peaceful, friendly, smaller 55+ community invites you to bring your boat and allows one pet under 25lbs. Also offers you a storage unit and covered parking. Call now before you are too late for your private tour of this Beautiful Condo!!!

Last Agent to Sell the Property

Cindy Roper

Sellstate Priority Realty License #252010705 Listed on: 02/01/2018

Last Buyer's Agent

Cindy Roper

Sellstate Priority Realty License #252010705 Listed on: 02/01/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,761

Year Built

  • Built in 1987

Lot Details

  • Home fronts a canal
  • North Facing Home
  • Privacy Fence
  • Sprinkler System
  • Zero Lot Line

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Assigned Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 112 / 2200
  • Assessor Parcel Number 15-45-23-C2-02200.0112

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Association fees include irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, trash, water
  • 10 Units
  • Association Phone (239) 243-8700
  • Searay Condo Subdivision

Recreation

  • Boat Dock
  • Community Cabanas
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,761

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SEARAY CONDO
  • Directions: From Cape Coral Parkway turn South onto SW 10th then turn left onto SW 48th Ter - go to 922/ SeaRay Condo on right side.
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Breakfast Area, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1072.0
  • Stories: 2
  • Window Features: See Remarks, Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks, Zero Lot Line, Sprinklers Automatic
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Outdoor Shower, Privacy Wall, Storage
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, One Space, Attached Carport

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
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: Yes
  • Amenities: Cabana, Pool
  • Phone: 239-243-8700
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Trash, Water

Lot Info

  • Parcel #: 15-45-23-C2-02200.0112
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1761.0
  • Tax Block: 2200
  • Tax Lot: 112
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Apr 30, 2018
Sold by
Richard F Gradisek Revocable Living Trus
Bought by
Nelson Robert S and Spaight Virginia A
Seller's Agent
Cindy Roper
Sellstate Priority Realty
Buyer's Agent
Cindy Roper
Sellstate Priority Realty
List Price
$225,000
Sold Price
$217,500
Premium/Discount to List
-$7,500
-3.33%
Current Estimated Value
$261,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,048
Avg. Annual Appreciation
2.49%

Purchase Details

Closed on
Mar 21, 2014
Sold by
Fannie Mae
Bought by
Gradisek Richard F and Richard F Gradisek Revocable Living Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Rogers Donald T and Hurtt Rogers Deborah L
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bohacek Robert J and Bohacek Linda K
Bought by
Rogers Donald T and Hurtt Rogers Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2003
Sold by
Eck Vernon J
Bought by
Bohacek Robert J and Bohacek Linda K

Purchase Details

Closed on
Jul 12, 1999
Sold by
Daniels Kathryn Ann
Bought by
Eck Vernon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
7.66%
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
Nelson Robert S $217,500 Esquire Land Title Inc
Gradisek Richard F $121,000 Attorney
Fannie Mae $147,200 Attorney
Rogers Donald T $207,000 Omnimark Title Services Llc
Bohacek Robert J $158,000 --
Eck Vernon J $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gradisek Richard F $96,800
Previous Owner Rogers Donald T $165,600
Previous Owner Eck Vernon J $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $217,500 -3.3% $203 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $225,000 -- $210 / 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 $3,928 $181,042 -- $181,042
2024 $4,014 $221,287 -- $221,287
2023 $4,014 $202,351 $0 $0
2022 $3,389 $183,955 $0 $0
2021 $3,205 $167,232 $0 $167,232
2020 $3,408 $171,998 $0 $171,998
2019 $3,394 $171,998 $0 $171,998
2018 $1,824 $125,211 $0 $0
2017 $1,790 $122,636 $0 $0
2016 $1,761 $120,114 $0 $120,114
2015 $2,897 $135,200 $0 $135,200
2014 -- $110,300 $0 $110,300
2013 -- $79,400 $0 $79,400
Source: Public Records

Agents Affiliated with this Home

  • Cindy Roper

    Seller's Agent in 2018

    Cindy Roper

    Sellstate Priority Realty

    (239) 281-0856

    11 in this area

    77 Total Sales

    Cindy Roper
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218009705

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-02200.0112

Florida Lee County Cape Coral 33914 Pelican

922 SW 48th Terrace Unit 112, Cape Coral, FL

This home is located at 922 SW 48th Terrace Unit 112, Cape Coral, FL 33914 since 01 February 2018 and is currently estimated at $261,548, approximately $243 per square foot. This property was built in 1987. 922 SW 48th Terrace Unit 112 is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

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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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