NOT LISTED FOR SALE

929 SW 40th Terrace Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $842,000 - $976,776

3 Beds
3.5 Baths
2,148 Sq Ft
$424/Sq Ft Est. Value

Last Sold July 05, 2019

Last sale price $575,000 $268 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,087/month

191 Days on Market

Highlights

  • Boating
  • In Ground Pool
  • Contemporary Architecture
  • Cape Elementary School Rated A-
  • Home fronts a canal
  • Great Room

About This Home

As of July 2019

Brand new, never been lived in home available now! Gulf Access, pool home featuring three bedrooms, three and a half bathrooms and open den concept. Each suite has its own private bath allowing ultimate luxury for every family member. Upgraded 24x24 porcelain tile floors, quartzite countertops, upgraded modern hardware and lighting package, upgraded bathroom cabinets, high end cabinets with soft close and high end modern finish, Built in oven, hood and microwave, drop in glass cooktop, french door counter depth refrigerator. Impact resistant windows, metal roof, gutters all around, upgraded pavers for both the pool and driveway, garage floor epoxy sealed. Luxury Pool with panoramic screen, infinity edge, spa, sun-shelf and LED lighting. This home has it all for the ultimate luxury and modern lifestyle. Small balance left on assessments.

Last Agent to Sell the Property

Fawn Estes

Avantgarde Realty Group License #BEAR-3158858 Listed on: 12/01/2018

Last Buyer's Agent

Timothy Protzman

Tropics Realty License #FORT-258017178

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 2019

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions: 70
  • Home fronts a canal
  • North Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned RD-W

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Contemporary Architecture
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Shutters
  • Great Room
  • Den
  • Screened Porch
  • Tile Flooring
  • Canal Views
  • High Impact Windows
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Fixed Bridges

Utilities

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

Community Details

  • Boating
  • Gulf Boat Access

Listing and Financial Details

  • Assessor Parcel Number 10-45-23-C2-03344.0070
  • Tax Block 3344

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,663

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Legal Description: CAPE CORAL UNIT 65 BLK 3344 PB 21 PG 163 LOTS 7 + 8
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.577074$-81.99555800000002$346.07$13.33$1.00$FSV4ZxyDBbbzZOVxLKx6Gg
  • Building Design: Single Family
  • Building Description: Contemporary
  • Storm Protection: Impact Resistant Windows, Shutters - Manual
  • Year Built: 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 267.69
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2148
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Eat-in Kitchen
  • Equipment: Auto Garage Door
  • Flooring: Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Custom Mirrors
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Canal Width: 81-120
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Irrigation: Assessment Unpaid
  • Road: Paved Road, Public Road
  • View: Canal
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground
  • Waterfront Type: Canal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Unpaid
  • Water: Assessment Unpaid

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: CAPE CORAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Cape Coral
  • Community Type: Boating, Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: Yes
  • Lot Back: 110
  • Lot Frontage: 70
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 7
  • Section: 10
  • Total Area: 3205
  • Waterfront: Yes
  • Zoning Code: RD-W
  • Acres: 0.2568
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 70 X 125 X 110 X 125
  • Parcel Number: 10-45-23-C2-03344.0070

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: New Construction
  • Taxes: 2663.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2018
Closed on
Jul 5, 2019
Sold by
Moffett Kelly and Moffett Michele
Bought by
Marasco Frank J and Marasco Melissa
Seller's Agent
Fawn Estes
Avantgarde Realty Group
Buyer's Agent
Timothy Protzman
Tropics Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$922,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,654
Avg. Annual Appreciation
8.96%
Original Mortgage
$415,000
Outstanding Balance
$368,698
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$608,214

Purchase Details

Closed on
Oct 8, 2002
Sold by
Krohne Peter
Bought by
Moffett Kelly and Moffett Michele

Purchase Details

Closed on
Apr 13, 2002
Sold by
Weiby Milton R
Bought by
Krohne Peter

Purchase Details

Closed on
Oct 22, 1997
Sold by
Weiby Milton R and Weiby Philipine
Bought by
Weiby Miton R
Source: Public Records

Range of Values:

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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
Marasco Frank J $565,000 1St Choice Title Llc
Moffett Kelly $88,900 --
Krohne Peter $48,000 --
Weiby Miton R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marasco Frank J $415,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Sold $575,000 0.0% $268 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/03/2019 06/03/19 For Sale $575,000 0.0% $268 / Sq Ft
06/01/2019 06/01/19 Off Market $575,000 -- --
05/30/2019 05/30/19 Price Changed $575,000 -8.0% $268 / Sq Ft
04/11/2019 04/11/19 Price Changed $625,000 -3.0% $291 / Sq Ft
12/01/2018 12/01/18 For Sale $644,000 -- $300 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $13,182 $823,291 $246,175 $460,209
2023 $13,227 $817,448 $0 $0
2022 $12,684 $793,639 $201,656 $591,983
2021 $9,885 $531,968 $139,036 $392,932
2020 $9,036 $474,020 $85,000 $389,020
2019 $7,530 $412,645 $105,000 $307,645
2018 $2,617 $100,000 $100,000 $0
2017 $2,663 $104,000 $104,000 $0
2016 $2,652 $104,000 $104,000 $0
2015 $2,556 $97,000 $97,000 $0
2014 -- $82,400 $82,400 $0
2013 -- $65,900 $65,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Fawn Estes

    Seller's Agent in 2019

    Fawn Estes

    Avantgarde Realty Group

    (239) 707-7317

    3 in this area

    126 Total Sales

    Fawn Estes
    Section Image

  • T

    Buyer's Agent in 2019

    Timothy Protzman

    Tropics Realty

    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 218078471

Multiple Listing Service of Bonita Springs-Estero

APN: 10-45-23-C2-03344.0070

Florida Lee County Cape Coral 33914 Pelican

929 SW 40th Terrace, Cape Coral, FL

This home is located at 929 SW 40th Terrace, Cape Coral, FL 33914 since 01 December 2018 and is currently estimated at $909,694, approximately $423 per square foot. This property was built in 2019. 929 SW 40th Terrace is a home located in Lee County with nearby schools including Cape Elementary School, Caloosa Elementary School, and Tropic Isles Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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