NOT LISTED FOR SALE

922 SW 48th Terrace Unit 212 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $229,000 - $297,000

2 Beds
2 Baths
1,072 Sq Ft
$450/mo HOA Fee

Last Sold June 18, 2021

Last sale price $249,900 $233 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,105/month

27 Days on Market

Highlights

  • Community Cabanas
  • Home fronts a canal
  • Shutters
  • Active Adult
  • Cathedral Ceiling
  • Porch

About This Home

As of June 2021

THIS IS A MUST SEE! Beautiful Cape Coral Condo with quick DIRECT GULF OF MEXICO ACCESS AND NO BRIDGES! Situated perfectly on INTERSECTING CANALS with amazing views! This soaring ceiling condo with two bedrooms and two full baths has gorgeous wood plank tile, plantation shutters, and a Murphy Bed in the guest bedroom which is also included in this exceptional unit. The newly remodeled kitchen includes granite countertops, farmhouse kitchen cabinets, and stainless steel appliances. STUNNING WATER VIEWS from the triple panel slider in the great room and additional sliders in the master bedroom. The solar heated pool is situated canal side for privacy with a cabana including facilities, new gas grill area, and plenty of space for entertaining. This is a well maintained complex with a newer roof and freshly painted exterior. ASSIGNED COVERED PARKING and your own storage closet. Bring your boat or just simply enjoy the incredible sunset views each evening on the beautiful southern facing dock!! This is Southwest Florida carefree living at its BEST! Minutes to Cape Harbour and Tarpon Point with great restaurants and shopping. Call today for your showing appointment this one will not last!

Last Agent to Sell the Property

Linda Bizier

Sellstate Priority Realty License #258007537 Listed on: 04/21/2021

Last Buyer's Agent

Adrian Waring

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1987

Lot Details

  • Home fronts a canal
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Open Floorplan
  • Tile Flooring
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

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 Detached Carport Space
  • Driveway
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 212 / 2200
  • Assessor Parcel Number 15-45-23-C2-02200.0212

Community Details

Overview

  • Active Adult
  • Association fees include insurance, legal/accounting, ground maintenance, pest control, reserve fund, water
  • 10 Units
  • Association Phone (239) 542-4404
  • Searay Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Community Storage Space

Recreation

  • Community Cabanas
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,938

Year Built

Built in 1987

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SEARAY CONDO
  • Directions: Cape Coral Parkway.. South on 10th Ave. East on 48th Terrace. Guest parking is on far left side of the building.
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • 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, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Family/Dining Room, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1072.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • Waterfront Features: Intersecting Canal
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Storage, Shutters Manual
  • 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, Driveway, Paved, One Space, Detached Carport

Utilities

  • Security: Smoke Detector(s)
  • 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: Non-Gated
  • Senior Community: Yes
  • Amenities: Cabana, Barbecue, Picnic Area, Pool, Storage
  • Association #2 Fee: 450.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-542-4404
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 15-45-23-C2-02200.0212
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1938.0
  • Tax Block: 2200
  • Tax Lot: 212
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 17, 2021
Sold by
Belasco James and Belasco Frances
Bought by
Zarachowicz Paul J and Zarachowicz Jacqueline D
Seller's Agent
Linda Bizier
Sellstate Priority Realty
Buyer's Agent
Adrian Waring
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$252,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,620
Avg. Annual Appreciation
0.24%

Purchase Details

Closed on
May 5, 2015
Sold by
Falcetano Doreen
Bought by
Belasco James and Belasco Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,590
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2004
Sold by
Shockley Katherine A
Bought by
Falcetano Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2001
Sold by
Blalock Thomas S and Blalock Debra
Bought by
Shockley Katherine A

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
6.9%

Purchase Details

Closed on
Sep 29, 1998
Sold by
Daniels Kathryn Ann
Bought by
Blalock Thomas S and Blalock Dorothy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,910
Interest Rate
6.8%
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
Zarachowicz Paul J $249,000 Cape Coral Ttl Ins Agcy Inc
Belasco James $135,000 Title Services Of Sw Fl Inc
Falcetano Doreen $199,500 Mtc Florida Title
Shockley Katherine A -- --
Shockley Katherine A $116,000 --
Blalock Thomas S $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belasco James $130,590
Previous Owner Falcetano Doreen $179,550
Previous Owner Shockley Katherine A $86,000
Previous Owner Blalock Thomas S $71,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2021 06/18/21 Sold $249,900 0.0% $233 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $249,900 -- $233 / 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 $3,970 $193,396 -- $193,396
2024 $4,292 $224,052 -- $224,052
2023 $4,292 $229,071 $0 $0
2022 $3,646 $208,246 $0 $208,246
2021 $1,914 $167,430 $0 $167,430
2020 $1,938 $131,673 $0 $0
2019 $1,876 $128,713 $0 $0
2018 $1,844 $126,313 $0 $0
2017 $1,810 $123,715 $0 $0
2016 $1,782 $121,170 $0 $121,170
2015 $2,702 $134,500 $0 $134,500
2014 -- $109,300 $0 $109,300
2013 -- $78,100 $0 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221020405

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-02200.0212