NOT LISTED FOR SALE

922 SW 48th Terrace Unit 213 Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $206,295 - $293,000

2 Beds
2 Baths
1,072 Sq Ft
$425/mo HOA Fee

Last Sold May 21, 2020

Last sale price $199,000 $186 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,039/month

37 Days on Market

Highlights

  • Home fronts a seawall
  • Canal View
  • Furnished
  • Active Adult
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of May 2020

JUST LISTED! Beautiful Condo on intersecting canals with Gulf of Mexico access and no bridges to open water, sailboats are welcome! This Move-in Ready south facing condo is being sold TURNKEY and has New A/C, Power Storm Shutters and Storm Rated Windows, Tile Floors, StainMaster Carpet in bedrooms, High Ceilings, New Stainless Steel Appliances and Granite Counter Tops. Enjoy wonderful relaxation on your lanai and take in the amazing views looking down Intersecting Canals. Sitting area has a sleeper sofa for added guests. ASSIGNED COVERED PARKING and your own storage closet near your parking place adds to the list that makes the Sea Ray Condos a great value! Condo is south of Cape Coral Parkway, convenient to Tarpon Point, Cape Harbour, downtown Cape and lots of great restaurants and shopping. Solar Heated Pool is situated at canal on side of building for privacy, you will love it! Call today and set your appointment to see this GEM!

Last Agent to Sell the Property

Ron Eck

Royal Shell Real Estate, Inc. License #252013093 Listed on: 03/14/2020

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Lenka Doyle

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,106

Year Built

  • Built in 1987

Lot Details

  • Home fronts a seawall
  • Home fronts a canal
  • Cul-De-Sac
  • North Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,072 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • Open Floorplan
  • Canal Views
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • 1 Attached Carport Space
  • Driveway
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 213 / 2200
  • Assessor Parcel Number 15-45-23-C2-02200.0213

Community Details

Overview

  • Active Adult
  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, reserve fund, water
  • 10 Units
  • Association Phone (239) 243-8700
  • Searay Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

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

$3,106

Year Built

Built in 1987

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1575
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SEARAY CONDO
  • Directions: Cape Coral Parkway West, turn south on SW 10th. Avenue than turn left on SW 48th, Terrace, condo is on the right.
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1987
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, Living/Dining Room, Split Bedrooms, Shower Only, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1072.0
  • Stories: 2
  • Window Features: Single Hung, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Private: No
  • View: Canal
  • Waterfront Features: Intersecting Canal, Seawall, See Remarks
  • Waterfront: Yes
  • Disclosures: Deed Restriction, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Storage, Shutters Electric
  • 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, Guest, Paved, One Space, Attached Carport

Utilities

  • Laundry Features: Inside
  • Security: None, 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: Beach Rights, Barbecue, Picnic Area
  • Association #2 Fee: 425.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-243-8700
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 15-45-23-C2-02200.0213
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 3106.0
  • Tax Block: 2200
  • Tax Lot: 213
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2020
Closed on
May 20, 2020
Sold by
Schroder Kurt L
Bought by
Teiner Raymond John and Teiner Virginia Mary
Seller's Agent
Ron Eck
Royal Shell Real Estate, Inc.
Buyer's Agent
Lenka Doyle
List Price
$204,900
Sold Price
$199,000
Premium/Discount to List
-$5,900
-2.88%
Current Estimated Value
$244,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,824
Avg. Annual Appreciation
3.88%
Original Mortgage
$159,200
Outstanding Balance
$141,073
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$103,751

Purchase Details

Closed on
Aug 30, 2013
Sold by
Polli Edward A and Polli Elizabeth A
Bought by
Schroder Kurt L

Purchase Details

Closed on
Dec 29, 2004
Sold by
Murphy James R
Bought by
Polli Edward A and Polli Elizabeth A

Purchase Details

Closed on
Sep 6, 2002
Sold by
Chamerlain Elizabeth A and Polli Elizabeth A
Bought by
Polli Edward A and Polli Elizabeth A

Purchase Details

Closed on
Feb 21, 2002
Sold by
Daniels Kathryn Ann
Bought by
Murphy James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Teiner Raymond John $199,000 Assured Title Services Llc
Schroder Kurt L $128,900 Stewart Title Company
Polli Edward A $218,000 Omnimark Title Services Llc
Polli Edward A -- --
Murphy James R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teiner Raymond John $159,200
Previous Owner Murphy James R $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Sold $199,000 -2.9% $186 / Sq Ft
04/21/2020 04/21/20 Pending -- -- --
03/14/2020 03/14/20 For Sale $204,900 -- $191 / 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 $3,958 $193,396 -- $193,396
2024 $4,018 $222,849 -- --
2023 $4,018 $202,590 $0 $0
2022 $3,393 $184,173 $0 $0
2021 $3,208 $167,430 $0 $167,430
2020 $3,290 $171,998 $0 $171,998
2019 $3,106 $172,805 $0 $172,805
2018 $2,740 $134,045 $0 $134,045
2017 $2,768 $134,853 $0 $134,853
2016 $2,556 $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

  • R

    Seller's Agent in 2020

    Ron Eck

    Royal Shell Real Estate, Inc.

    (239) 849-1997

    6 in this area

    33 Total Sales

    Ron Eck
    Section Image

  • L

    Buyer's Agent in 2020

    Lenka Doyle

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220018857

Florida Gulf Coast Multiple Listing Service

APN: 15-45-23-C2-02200.0213

Florida Lee County Cape Coral 33914 Pelican

922 SW 48th Terrace Unit 213, Cape Coral, FL

This home is located at 922 SW 48th Terrace Unit 213, Cape Coral, FL 33914 since 14 March 2020 and is currently estimated at $244,824, approximately $228 per square foot. This property was built in 1987. 922 SW 48th Terrace Unit 213 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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