NOT LISTED FOR SALE

Estimated Value: $453,000 - $518,000

5 Beds
3.5 Baths
2,366 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $227,000 $96 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,913/month

75 Days on Market

Highlights

  • Oversized Lot
  • Jalousie or louvered window
  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2018

Very well kept duplex in cultural park area of the city of Cape Coral. Fenced yard, tiles floors and a very nice income producing property. Unit 505 has 2 bed plus den with 1 full bathroom and 1/2 bathroom. Unit 507 is three full bedrooms with two bathrooms.

Last Agent to Sell the Property

Christopher Christiano

RE/MAX Trend License #258009205 Listed on: 02/05/2018

RE/MAX Trend

Co-Listed By

Laura Christiano

RE/MAX Trend License #258008047

Last Buyer's Agent

Janine Fine

Jones & Co Realty License #252000046

Jones & Co Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,757

Year Built

  • Built in 1980

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 125 x 85 x 85 x 125
  • Fenced
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,366 Sq Ft Home
  • Ceiling Fan
  • Jalousie or louvered window
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, pest control, sewer, water
  • Legal Lot and Block 18 / 1138
  • Assessor Parcel Number 13-44-23-C3-01138.0180

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $6,500
  • Net Operating Income $15,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,757

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.24
  • Lot Size: 125 x 85 x 85 x 125
  • Co List Office Mls Id: CLC
  • Co List Office Phone: (239) 541-1661
  • Subdivision Name: CAPE CORAL
  • Directions: Cultural Park Blvd to west on SW 5th Ave to Left onto SE 5th Pl duplex first on Left side .
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1980
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile
  • Window Features: Jalousie

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid
  • Water Source: Assessment Unpaid

Condo/Co-op/Association

  • Amenities: See Remarks
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 13-44-23-C3-01138.0180
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Pest Control, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 15700.0
  • Annual Operating Expense: 6500.0

Tax Info

  • Tax Annual Amount: 3757.0
  • Tax Block: 1138
  • Tax Lot: 18
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Kulikowski Matthew D and Harvey Richard L
Bought by
Kulikowski Matthew D
Current Estimated Value
$475,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Outstanding Balance
$202,271
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$273,396

Purchase Details

Listed on
Feb 5, 2018
Closed on
May 22, 2018
Sold by
Ns Property I Inc
Bought by
Kulikowski Matthew D and Harvey Richard L
Seller's Agent
Christopher Christiano
RE/MAX Trend
Buyer's Agent
Janine Fine
Jones & Co Realty
List Price
$249,900
Sold Price
$227,000
Premium/Discount to List
-$22,900
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$222,888
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2014
Sold by
Papangelou Georgios and Papadaki Sofia
Bought by
Ns Property I Incorporated

Purchase Details

Closed on
Aug 29, 2013
Sold by
Papangelou Georgios and Papadaki Sofia
Bought by
Papangelou Goergios and Papadaki Sofia

Purchase Details

Closed on
Oct 9, 2012
Sold by
U S Bank National Association
Bought by
Papangelou Georgios and Papadaki Sofia

Purchase Details

Closed on
May 30, 2012
Sold by
Capristo Gary J and Lasalle Bank National Associat
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 7, 1995
Sold by
Cannova Philip and Cannova Phillip
Bought by
Capristo Gary J and Marques Suzanne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,924
Interest Rate
7.5%
Mortgage Type
FHA
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
Kulikowski Matthew D -- Accommodation
Kulikowski Matthew D $227,000 Integrity Title & Document S
Ns Property I Incorporated -- Attorney
Papangelou Goergios -- Attorney
Papangelou Georgios $107,200 Chelsea Title Company
Us Bank National Association -- None Available
Capristo Gary J $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kulikowski Matthew D $223,850
Closed Kulikowski Matthew D $222,888
Previous Owner Capristo Gary J $108,500
Previous Owner Capristo Gary J $82,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2018 05/22/18 Sold $227,000 -9.2% $96 / Sq Ft
04/22/2018 04/22/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $249,900 -- $106 / 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 $5,023 $215,972 -- --
2024 $4,819 $202,097 -- --
2023 $4,819 $189,236 $0 $0
2022 $4,293 $177,856 $0 $0
2021 $3,997 $170,780 $47,914 $122,866
2020 $3,655 $155,046 $42,000 $113,046
2019 $3,591 $153,419 $45,000 $108,419
2018 $4,164 $145,354 $35,000 $110,354
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218009626

Florida Gulf Coast Multiple Listing Service

APN: 13-44-23-C3-01138.0180