NOT LISTED FOR SALE

922 SW 48th Terrace Unit 113 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $208,851 - $300,000

2 Beds
2 Baths
1,072 Sq Ft
$428/mo HOA Fee

Last Sold February 14, 2020

Last sale price $195,700 $183 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,987/month

166 Days on Market

Highlights

  • Boat Ramp
  • Active Adult
  • Canal View
  • Home fronts a seawall
  • Canal Access
  • Deck

About This Home

As of February 2020

REDUCED!! FANTASTIC GROUND FLOOR CONDO IN UPSCALE AREA ON INTERSECTING DIRECT ACCESS CANALS! Beautiful 2 bedroom, 2 bath unit has COVERED PARKING & EXTRA STORAGE CLOSET! Plenty of BOAT DOCK SPACE! SOLAR HEATED POOL! Well maintained complex with NEWER ROOF, EXT PAINT & SOLAR PANELS! 55+ community. BIG WATER VIEWS from the master bedroom, living area, kitchen & lanai! Living area has triple set of sliders to lanai! Master bedroom has big windows + sliders to lanai! Screened lanai has vinyl, removeable panels! Guest bedroom has murphy bed! New porcelain tile floors-ALL TILE THROUGHOUT! Inside laundry with NEWER WASHER & DRYER! NEW WATER HEATER! Kitchen has newer STAINLESS STEEL APPLIANCES, new disposal, newer recessed ceiling/new lighting & electric to it, built-in drawers in pantry, corian tops, extra cabinets! Both bathrooms have new, high toilets & guest bathroom has new vanity top! NEW INTERIOR PAINT except master bedroom! All newer c-fans, except lanai! Master bath has vanity area, two closets-one is a 'walk-in' with mirrored doors, the other has new bi-fold doors! Newer blinds! Front 'sitting room' can be a den or formal dining, & has new lighting/electric to it! Shows great!

Last Agent to Sell the Property

Robert Osborne

RE/MAX Trend License #252000117 Listed on: 08/01/2019

RE/MAX Trend

Last Buyer's Agent

Lenka Doyle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,801

Year Built

  • Built in 1987

Lot Details

  • Home fronts a seawall
  • Home fronts a canal
  • North Facing Home
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $428 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • Detached Garage
  • 1 Detached Carport Space
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Canal Access
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 113 / 2200
  • Assessor Parcel Number 15-45-23-C2-02200.0113

Community Details

Overview

  • Active Adult
  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 10 Units
  • Association Phone (239) 243-8700
  • Low-Rise Condominium
  • Searay Condo Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,801

Year Built

Built in 1987

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SEARAY CONDO
  • Architectural Style: Florida, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Area, Living/Dining Room, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1072.0
  • Stories: 2
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot, Oversized Lot, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal, Landscaped
  • View: Yes
  • Waterfront Features: Canal Access, Intersecting Canal, Seawall
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Deck, Sprinkler/Irrigation, Outdoor Shower, Storage
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle, See Remarks

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community, Non-Gated
  • Senior Community: Yes
  • Amenities: Boat Dock, Boat Ramp, Pool
  • Association Fee: 428.0
  • Association Fee Frequency: Monthly
  • Phone: 239-243-8700
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 15-45-23-C2-02200.0113
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1801.0
  • Tax Block: 2200
  • Tax Lot: 113
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Feb 14, 2020
Sold by
Klatt Patricia A
Bought by
Stone Meryl and Stone John
Seller's Agent
Robert Osborne
RE/MAX Trend
Buyer's Agent
Lenka Doyle
List Price
$214,900
Sold Price
$195,700
Premium/Discount to List
-$19,200
-8.93%
Current Estimated Value
$246,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,763
Avg. Annual Appreciation
4.12%
Original Mortgage
$176,130
Outstanding Balance
$156,305
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$90,158

Purchase Details

Closed on
Apr 6, 2015
Sold by
Melo Melinda
Bought by
Klatt Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2004
Sold by
Moritz Donald L and Moritz Lynda S
Bought by
Janisse Maurice and Janisse Florence

Purchase Details

Closed on
Aug 4, 2000
Sold by
Daniels Kathryn Ann
Bought by
Moritz Donald L and Moritz Lynda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
8.17%
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
Stone Meryl $195,700 Fidelity Natl Ttl Of Fl Inc
Klatt Patricia A $137,000 Heights Title Services Llc
Janisse Maurice $204,000 Omnimark Title Services Llc
Moritz Donald L $96,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone Meryl $176,130
Previous Owner Klatt Patricia A $110,000
Previous Owner Moritz Donald L $86,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $195,700 -8.9% $183 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
08/01/2019 08/01/19 For Sale $214,900 -- $200 / 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 $3,209 $181,042 -- $181,042
2024 $3,885 $221,287 -- $221,287
2023 $3,885 $262,236 $0 $267,593
2022 $3,361 $182,228 $0 $0
2021 $3,178 $165,662 $0 $165,662
2020 $1,894 $129,222 $0 $0
2019 $1,833 $126,317 $0 $0
2018 $1,801 $123,962 $0 $0
2017 $1,767 $121,412 $0 $0
2016 $1,736 $118,915 $0 $118,915
2015 $511 $134,500 $0 $134,500
2014 $429 $109,300 $0 $109,300
2013 -- $78,100 $0 $78,100
Source: Public Records

Agents Affiliated with this Home

  • Robert Osborne

    Seller's Agent in 2020

    Robert Osborne

    RE/MAX

    (239) 850-4279

    11 in this area

    67 Total Sales

    Robert Osborne
    Section Image

  • L

    Buyer's Agent in 2020

    Lenka Doyle

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219052045

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-02200.0113

Florida Lee County Cape Coral 33914 Pelican

922 SW 48th Terrace Unit 113, Cape Coral, FL

This home is located at 922 SW 48th Terrace Unit 113, Cape Coral, FL 33914 since 01 August 2019 and is currently estimated at $246,463, approximately $229 per square foot. This property was built in 1987. 922 SW 48th Terrace Unit 113 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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