NOT LISTED FOR SALE

Cape Coral, FL 33914

Pelican Neighborhood

Estimated Value: $379,000 - $431,000

4 Beds
2 Baths
1,851 Sq Ft
$216/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $213,000 $115 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,543/month

39 Days on Market

Highlights

  • Central Heating and Cooling System
  • Cape Elementary School Rated A-
  • Rectangular Lot

About This Home

As of December 2019

Investor dream CASH COW and only $115 per square foot This unit is centrally located South of Mohawk on the east side of Skyline blvd in a quiet neighborhood close to all shopping. CB construction entirely renovated in June 2010 has newer roof and tiles throughout. Each unit has 2 bedrooms 1 bath and nice screened in lanai. Washer drier hook ups, water and sewer in and paid for, separate water and electric meters for each side. Left side newly painted and upgraded is rented on a one year lease expiring in September 2020 for $950 Right side rented $875 annual lease with 11 months remaining to same tenant since 2016 now on month to month. Showing with 24 H notice only

Last Agent to Sell the Property

Steven Hayhurst Ricciardi

Flat Charge Realty License #258021765 Listed on: 10/22/2019

Last Buyer's Agent

John Constant

Century 21 Selling Paradise License #258025140

Century 21 Selling Paradise

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,614

Year Built

  • Built in 1981

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,851 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, telephone
  • Legal Lot and Block 19 / 1727
  • Assessor Parcel Number 11-45-23-C1-01727.0190

Community Details

Overview

  • 2 Units
  • Cape Coral Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,000
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,614

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Lot Size: 80 x 120 x 80 x 120
  • Road Surface Type: Paved
  • Subdivision Name: CAPE CORAL
  • Directions: North on skyline turn left on right on SW 40 TER next right on sw7th pl , home is on your right
  • Architectural Style: Other, Two Story, Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1981
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: See Remarks
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-23-C1-01727.0190
  • Zoning Description: R3-D
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Telephone

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 1.0
  • Annual Operating Expense: 3000.0

Tax Info

  • Tax Annual Amount: 2614.0
  • Tax Block: 1727
  • Tax Lot: 19
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2022
Sold by
L3 Holdings Llc
Bought by
Tychon Real Estate Fund I Llc
Current Estimated Value
$400,333

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jan 9, 2020
Sold by
Fourgeau Ciers Denis and Fourgeau Ciers Dawn
Bought by
L3 Holdings Llc
Seller's Agent
Steven Hayhurst Ricciardi
Flat Charge Realty
Buyer's Agent
John Constant
Century 21 Selling Paradise
List Price
$214,999
Sold Price
$213,000
Premium/Discount to List
-$1,999
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$140,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 29, 2014
Sold by
Fourgeau Ciers Dawn
Bought by
The Fourgeau Ciers Living Trust

Purchase Details

Closed on
Jun 29, 2010
Sold by
Wls Properties Llc
Bought by
Fourgeau Ciers Dawn

Purchase Details

Closed on
May 3, 2010
Sold by
Wls Properties Llc
Bought by
Fourgeau Ciers Dawn

Purchase Details

Closed on
Feb 19, 2010
Sold by
Sehnke Renate W
Bought by
Wls Properties Llc
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
Tychon Real Estate Fund I Llc $325,000 Title Professionals
L3 Holdings Llc $210,000 Atlas Title Of S W Fl Inc
The Fourgeau Ciers Living Trust -- None Available
Fourgeau Ciers Dawn -- Security Title & Abstract Ll
Fourgeau Ciers Dawn $84,800 Security Title & Abstract Ll
Wls Properties Llc $62,900 Cape Coral Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner L3 Holdings Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $213,000 -0.9% $115 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $214,999 -- $116 / 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 $5,051 $255,144 -- --
2024 $4,623 $231,949 -- --
2023 $4,623 $210,863 $62,640 $148,223
2022 $3,861 $157,659 $0 $0
2021 $3,412 $143,326 $38,000 $105,326
2020 $2,892 $130,004 $35,000 $95,004
2019 $2,681 $121,128 $35,000 $86,128
2018 $2,614 $122,744 $35,000 $87,744
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steven Hayhurst Ricciardi

    Flat Charge Realty

    (239) 878-1400

    3 in this area

    31 Total Sales

    Steven Hayhurst Ricciardi
    Section Image

  • J

    Buyer's Agent in 2019

    John Constant

    Century 21 Selling Paradise

    Section Image
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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219069617

Florida Gulf Coast Multiple Listing Service

APN: 11-45-23-C1-01727.0190

Florida Lee County Cape Coral 33914

Pelican

This home since 22 October 2019 and is currently estimated at $400,333, approximately $216 per square foot. This property was built in 1981. This home 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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