NOT LISTED FOR SALE

924 SW 4th Terrace Cape Coral, FL 33991

Mariner Neighborhood

Estimated Value: $564,000

1.6 Acres
$352,500 Price per Acre
69,696 Sq Ft Lot

Last Sold December 26, 2018

Last sale price $180,000

Est. 213% increase in value since last sale

Current estimated payment $3,377/month

191 Days on Market

Highlights

  • 1.6 Acre Lot
  • Cape Elementary School Rated A-
  • Oversized Lot

About This Lot

As of December 2018

Property consists of approx 70,000 square feet fronting on both SW 4th and Ceitus Terr which allows for exceptional commercial development. Balance of water-sewer-irrigation assessments as of 10-10-18 $37,126.00 Unit 49 Block 3618 Lots 15-20 and lots 21-24 15-44-23-C2-03618.0150 15-44-23-C2-03618.0210 15-44-23-C2-03618.0230 15-44-23-C2-03618.0410

Last Agent to Sell the Property

Bill Keenan

Real Estate Corp of America License #258002370 Listed on: 05/18/2018

Last Buyer's Agent

Bill Keenan

Real Estate Corp of America License #258002370 Listed on: 05/18/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,729

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 400 x 125 x 400 x 125
  • North Facing Home
  • Oversized Lot
  • Property is zoned CORR

Utilities

  • Sewer Assessments

Community Details

  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 15-24 / 3618
  • Assessor Parcel Number 15-44-23-C2-03618.0150

Property Details

Property Type

Land

Est. Annual Taxes

$2,729

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Prop. Type: Land
  • Lot Size Acres: 1.6
  • Lot Size: 400 x 125 x 400 x 125
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Property Sub Type Additional: Commercial,Unimproved Land
  • Special Features: None

Interior Features

  • Possible Use: See Remarks

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot, See Remarks
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Direction Faces: North

Utilities

  • Sewer: Assessment Unpaid
  • Utilities: Sewer Available, Water Available
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Commercial
  • Parcel #: 15-44-23-C2-03618.0150
  • Zoning Description: CORR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2729.0
  • Tax Block: 3618
  • Tax Lot: 15-24
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
Dec 17, 2018
Sold by
Lynn Franklin Llc
Bought by
Bnb Llc
Seller's Agent
Bill Keenan
Real Estate Corp of America
Buyer's Agent
Bill Keenan
Real Estate Corp of America
List Price
$245,000
Sold Price
$180,000
Premium/Discount to List
-$65,000
-26.53%
Current Estimated Value
$564,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,000

Purchase Details

Closed on
Feb 4, 2009
Sold by
Gillman Dennis
Bought by
Trust Company Of America and John William Keenan Jr Roth Ira #24005

Purchase Details

Closed on
Oct 29, 2008
Sold by
Keenan John William
Bought by
Gillman Dennis and Pine Island Corridor Investors Trust

Purchase Details

Closed on
Jan 19, 2005
Sold by
Trust Co Of America
Bought by
Gillman Dennis and Pine Island Corridor Investors Trust

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
13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 5, 2005
Sold by
Cozava Properties Inc
Bought by
Trust Co Of America and John William Keena Jr Account #24005

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
13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 23, 2004
Sold by
Cozava Properties Inc
Bought by
Trust Co Of America

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
13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2003
Sold by
Smentkiewicz Ronald
Bought by
Cozava Prop Inc

Purchase Details

Closed on
Feb 10, 1997
Sold by
Smentkiewicz Ronald and Smentkiewicz Eugene
Bought by
Smentkiewicz Ronald
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bnb Llc $180,000 Attorney
Trust Company Of America -- Attorney
Gillman Dennis -- Paradise Professional Title
Gillman Dennis $256,500 Patriot Title Services Llc
Trust Co Of America -- --
Cozava Prop Inc $14,000 --
Smentkiewicz Ronald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillman Dennis $179,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2018 12/26/18 Sold $180,000 -26.5% --
11/26/2018 11/26/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $245,000 +308.3% --
06/23/2015 06/23/15 Sold $60,000 -33.3% --
05/24/2015 05/24/15 Pending -- -- --
12/19/2013 12/19/13 For Sale $90,000 -- --
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
2024 $3,645 $43,923 -- --
2023 $3,645 $39,930 $0 $0
2022 $3,204 $36,300 $0 $0
2021 $3,050 $33,000 $33,000 $0
2020 $2,695 $33,000 $33,000 $0
2019 $2,877 $45,000 $45,000 $0
2018 $2,797 $37,500 $37,500 $0
2017 $2,729 $37,500 $37,500 $0
2016 $2,598 $30,000 $30,000 $0
2015 $2,394 $21,000 $21,000 $0
2014 -- $12,000 $12,000 $0
2013 -- $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Keenan

    Seller's Agent in 2018

    Bill Keenan

    Real Estate Corp of America

    (828) 489-8225

    9 in this area

    38 Total Sales

    Bill Keenan
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218035870

Florida Gulf Coast Multiple Listing Service

APN: 15-44-23-C2-03618.0150

Florida Lee County Cape Coral 33991 Mariner

924 SW 4th Terrace, Cape Coral, FL

This home is located at 924 SW 4th Terrace, Cape Coral, FL 33991 since 18 May 2018 and is currently priced at $564,000. 924 SW 4th Terrace is a home located in Lee County with nearby schools including Caloosa Elementary School, Tropic Isles Elementary School, and J. Colin English Elementary School.

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