525 NW 8th Terrace Cape Coral, FL 33993
Mariner Neighborhood
4
Beds
2
Baths
2,406
Sq Ft
10,019
Sq Ft Lot
Highlights
- Boat Ramp
- Concrete Pool
- Canal Access
- Cape Elementary School Rated A-
- Waterfront
- Canal View
About This Home
As of April 2025This property has everything you need if you are looking for a POOL home on a canal. COMPLETELY FURNISHED TOO!! This BEAUTIFUL 4/bed 2/bath 3/car garage Pool home sits on the FRESHWATER Hermosa canal and is an active vacation rental known as "Chasing Palms". It's located on the rapidly developing side of NW Cape Coral, not far from Burnt Store Rd area & Marina. This is a perfect investment property or your own little OASIS! ALL ASSESSMENTS PAID IN FULL!! NO FLOOD INSURANCE REQUIRED! NEW TILE ROOF!! It also includes a 2-10 Home Buyer's Warranty. Schedule your showing!
Last Agent to Sell the Property
Starlink Realty, Inc License #258023682 Listed on: 05/08/2024
Last Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office License #258029255
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,052
Year Built
- Built in 2007
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 80 x 125 x 80 x 125
- Waterfront
- South Facing Home
- Rectangular Lot
- Sprinkler System
- Property is zoned R1-W
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 2,406 Sq Ft Home
- 1-Story Property
- Furnished
- Tray Ceiling
- Ceiling Fan
- Shutters
- Single Hung Windows
- Sliding Windows
- Family Room
- Formal Dining Room
- Screened Porch
- Canal Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- Maid or Guest Quarters
- 2 Full Bathrooms
- Dual Sinks
- Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Pool
- Concrete Pool
- Heated In Ground Pool
- Heated Spa
- Above Ground Spa
- Screen Enclosure
- Pool Equipment or Cover
Outdoor Features
- Canal Access
- Deck
- Screened Patio
Schools
- Diplomat Elementary School
- Mariner Middle School
- Mariner High School
Utilities
- Central Heating and Cooling System
- Well
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 33 / 2608
- Assessor Parcel Number 02-44-23-C4-02608.0330
Community Details
Overview
- No Home Owners Association
- Cape Coral Subdivision
Recreation
- Boat Ramp
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2025
Closed on
Apr 24, 2025
Sold by
Kirkman Resort Llc
Bought by
Lopez Yenifer Navarro
Seller's Agent
JAVIER GONZALEZ
Beachfront Realty
List Price
$629,999
Sold Price
$635,000
Premium/Discount to List
$5,001
0.79%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,583
Avg. Annual Appreciation
-3.63%
Original Mortgage
$615,950
Outstanding Balance
$615,950
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$13,205
Purchase Details
Listed on
May 8, 2024
Closed on
Jul 31, 2024
Sold by
Chasing Palms Llc
Bought by
Kirkman Resort Llc
Seller's Agent
Ada Marrero
Starlink Realty, Inc
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$645,900
Sold Price
$635,000
Premium/Discount to List
-$10,900
-1.69%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$310,000
Interest Rate
6.87%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 18, 2022
Closed on
Feb 17, 2022
Sold by
Chase Christopher A and Chase Ann Iris
Bought by
Chasing Palms Llc
Seller's Agent
Michelle Parmeley
Shore Line Realty & Associates
Buyer's Agent
Brandon Reitz
Fathom Realty FL LLC
List Price
$464,000
Sold Price
$506,000
Premium/Discount to List
$42,000
9.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$450,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 18, 2022
Closed on
Feb 11, 2022
Sold by
Steven Day Gerald and Steven Diana L
Bought by
Chase Christopher A and Chase Iris Ann
Seller's Agent
Michelle Parmeley
Shore Line Realty & Associates
Buyer's Agent
Brandon Reitz
Fathom Realty FL LLC
List Price
$464,000
Sold Price
$506,000
Premium/Discount to List
$42,000
9.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.56%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 13, 2014
Sold by
Pnc Bank National Association
Bought by
Day Gerald S and Day Diana L
Purchase Details
Closed on
Mar 14, 2014
Sold by
Lewis Errol
Bought by
Pnc Bank National Association
Purchase Details
Closed on
Sep 28, 2006
Sold by
Jahng Won Hyuck and Jahng Kyung Ran
Bought by
Lewis Errol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
8.75%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 20, 2005
Sold by
Cabezas Janet
Bought by
Jahng Won Hyuck and Jahng Kyung Ran
Purchase Details
Closed on
Nov 15, 2004
Sold by
Ribot Yubel and Cabezas Janet
Bought by
Cabezas Janet
Purchase Details
Closed on
Mar 28, 2003
Sold by
Royal W Prop Inc
Bought by
Cabezas Janet and Ribot Yubel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,100
Interest Rate
5.82%
Purchase Details
Closed on
Aug 28, 2002
Sold by
Guerra Yery Maltex and Guerra Yery M
Bought by
Royal W Prop Inc
Similar Homes in Cape Coral, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $635,000 | Fox Run Title | |
| Warranty Deed | $635,000 | Market Place Title | |
| Special Warranty Deed | -- | Butcher & Associates Pl | |
| Warranty Deed | $506,000 | None Listed On Document | |
| Special Warranty Deed | $248,000 | Attorney | |
| Trustee Deed | $200,100 | None Available | |
| Warranty Deed | $105,000 | Jm Title Corporation | |
| Warranty Deed | $64,000 | Executive Title Ins Svcs Inc | |
| Interfamily Deed Transfer | $10,000 | -- | |
| Warranty Deed | $29,000 | -- | |
| Warranty Deed | $18,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $615,950 | New Conventional | |
| Previous Owner | $310,000 | Construction | |
| Previous Owner | $450,000 | New Conventional | |
| Previous Owner | $495,000 | Construction | |
| Previous Owner | $26,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $635,000 | +0.8% | $264 / Sq Ft |
| 04/08/2025 04/08/25 | Pending | -- | -- | -- |
| 03/24/2025 03/24/25 | For Sale | $629,999 | -0.8% | $262 / Sq Ft |
| 07/31/2024 07/31/24 | Sold | $635,000 | -1.7% | $264 / Sq Ft |
| 07/31/2024 07/31/24 | Pending | -- | -- | -- |
| 06/02/2024 06/02/24 | Price Changed | $645,899 | 0.0% | $268 / Sq Ft |
| 05/08/2024 05/08/24 | For Sale | $645,900 | +27.6% | $268 / Sq Ft |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- |
| 01/18/2022 01/18/22 | Sold | $506,000 | +9.1% | $210 / Sq Ft |
| 01/18/2022 01/18/22 | For Sale | $464,000 | -- | $193 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $8,611 | $490,940 | $43,948 | $385,881 |
| 2023 | $10,052 | $492,494 | $46,660 | $408,045 |
| 2022 | $8,015 | $336,308 | $0 | $0 |
| 2021 | $7,268 | $303,882 | $28,442 | $275,440 |
| 2020 | $7,117 | $284,244 | $12,000 | $272,244 |
| 2019 | $6,926 | $275,382 | $11,000 | $264,382 |
| 2018 | $7,081 | $277,775 | $14,000 | $263,775 |
| 2017 | $5,918 | $281,831 | $12,000 | $269,831 |
| 2016 | $5,241 | $245,103 | $12,000 | $233,103 |
| 2015 | $4,921 | $223,595 | $12,000 | $211,595 |
| 2014 | -- | $222,584 | $11,300 | $211,284 |
| 2013 | -- | $195,382 | $8,500 | $186,882 |
Source: Public Records
Agents Affiliated with this Home
-
JAVIER GONZALEZ
Seller's Agent in 2025
JAVIER GONZALEZ
Beachfront Realty
(786) 721-9322
1 in this area
2 Total Sales
-
Ada Marrero
Seller's Agent in 2024
Ada Marrero
Starlink Realty, Inc
(239) 600-0353
10 in this area
69 Total Sales
-
N
Buyer's Agent in 2024
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
-
M
Seller's Agent in 2022
Michelle Parmeley
Shore Line Realty & Associates
-
Brandon Reitz
Buyer's Agent in 2022
Brandon Reitz
Fathom Realty FL LLC
(239) 257-5095
3 in this area
81 Total Sales
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 224041203
APN: 02-44-23-C4-02608.0330
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