NOT LISTED FOR SALE

125 SE 40th St Cape Coral, FL 33904

Bimini Basin Neighborhood

Estimated Value: $270,864 - $290,000

2 Beds
2 Baths
1,107 Sq Ft
$255/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $318,000 $287 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,860/month

118 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 2 Car Attached Garage
  • Cape Elementary School Rated A-
  • Porch
  • Eat-In Kitchen

About This Home

As of September 2023

Don't miss out on this amazing home...Seller says bring offers! NO FLOODING ANYWHERE!!! No Hurricane Ian damage. Freshly Painted beautiful Ranch home, OVERSIZED .38 acre corner fenced lot. Pride in ownership shows throughout!!


Professionally RENOVATED in 2016 ****includes Impact Windows, Metal Roof and Gutters, Kitchen Cabinets, Island, Appliances and Granite, Updated Bathrooms, Lighting and Fixtures ,Crown molding, 18 x18" tile through out, bedrooms carpet. Hurricane Impact 2 car garage door 2017. Air Conditioner 2018 with 5 years remaining on warranty. The kitchen opens to a large Under Truss Lanai that is tiled and screened for your relaxation! Flood and Homeowners policies are assumable......savings for you!

Charming home sits minutes from Cape Coral Parkway, in a quiet local neighborhood. close to Tarpon Point marina shops and restaurants, Cape Harbor marina shops and restaurants, Cape Coral Yacht club and 47th terrace where most of the local restaurants are!

Last Agent to Sell the Property

Lorraine Bryner

Marzucco Real Estate License #258019379 Listed on: 06/02/2023

Last Buyer's Agent

Patrick Corbett

John R Wood Properties License #251553124

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1977

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 135 x 125 x 135 x 125
  • South Facing Home
  • Fenced
  • Corner Lot
  • Oversized Lot
  • Sprinkler System
  • Property is zoned R1-D

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,107 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Built-In Features
  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Cape Coral Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 834
  • Assessor Parcel Number 01-45-23-C4-00834.0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.384
  • Lot Size: 135 x 125 x 135 x 125
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: CAPE CORAL
  • Directions: Cape coral Pkwy w, north on Santa Barbara Blvd, right onto 40th st
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Eat-in Kitchen, Family/Dining Room, Kitchen Island, Living/Dining Room, Main Level Master, Pantry, Shower Only, Separate Shower, Walk-In Closet(s)
  • Living Area: 1107.0
  • Stories: 1
  • Window Features: Other, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Corner Lot, Multiple lots, Oversized Lot, Sprinklers Automatic
  • Pool Private: No
  • View: Landscaped
  • Waterfront: No
  • Disclosures: Disclosure on File, RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fence, Sprinkler/Irrigation, Room For Pool
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • 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

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 01-45-23-C4-00834.0140
  • Zoning Description: R1-D
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 1986.04
  • Tax Block: 834
  • Tax Lot: 14
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Sep 29, 2023
Sold by
Myer Gary W and Myer Roberta L
Bought by
Villacampa Lissette
Seller's Agent
Lorraine Bryner
Marzucco Real Estate
Buyer's Agent
Patrick Corbett
John R Wood Properties
List Price
$350,000
Sold Price
$318,000
Premium/Discount to List
-$32,000
-9.14%
Views
128
Current Estimated Value
$282,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,534
Avg. Annual Appreciation
-5.56%
Original Mortgage
$270,300
Outstanding Balance
$264,705
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$17,761

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 20, 2016
Sold by
Property Maxre Corp
Bought by
Myer Gary W and Myer Roberta L
Seller's Agent
Laurie Bartlett
Coral Breeze Realty, LLC
Buyer's Agent
Laurie Bartlett
Coral Breeze Realty, LLC
List Price
$163,400
Sold Price
$160,000
Premium/Discount to List
-$3,400
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$144,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2016
Sold by
Rasmussen Margret
Bought by
Property Maxre Corp

Purchase Details

Closed on
Dec 2, 2014
Sold by
Rasmussen Margret and Roessler Helga
Bought by
Rasmussen Margaret
Source: Public Records

Range of Values:

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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
Villacampa Lissette $318,000 Title Specialists
Myer Gary W $160,000 Omega Land Title Llc
Property Maxre Corp $85,000 Omega Land Title Llc
Rasmussen Margaret -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villacampa Lissette $270,300
Previous Owner Myer Gary W $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $318,000 -2.2% $287 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
07/24/2023 07/24/23 Price Changed $325,000 -4.4% $294 / Sq Ft
07/06/2023 07/06/23 Price Changed $339,900 -2.9% $307 / Sq Ft
06/02/2023 06/02/23 For Sale $350,000 +118.8% $316 / Sq Ft
05/20/2016 05/20/16 Sold $160,000 -2.1% $145 / Sq Ft View Prior Sale
04/20/2016 04/20/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $163,400 -- $148 / 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 $4,405 $140,347 $115,989 $23,817
2024 $4,405 $223,222 $100,048 $120,549
2023 $2,179 $124,967 $0 $0
2022 $1,986 $121,327 $0 $0
2021 $1,955 $137,125 $29,859 $107,266
2020 $1,957 $116,167 $0 $0
2019 $1,886 $113,555 $0 $0
2018 $1,864 $111,438 $29,900 $81,538
2017 $1,851 $110,625 $23,000 $87,625
2016 $2,165 $89,818 $24,382 $65,436
2015 $2,002 $78,799 $18,730 $60,069
2014 -- $77,903 $16,881 $61,022
2013 -- $68,294 $11,894 $56,400
Source: Public Records

Agents Affiliated with this Home

  • Lorraine Bryner

    Seller's Agent in 2023

    Lorraine Bryner

    Marzucco Real Estate

    (239) 443-9073

    1 in this area

    26 Total Sales

    Lorraine Bryner
    Section Image

  • P

    Buyer's Agent in 2023

    Patrick Corbett

    John R Wood Properties

    Section Image

  • L

    Seller's Agent in 2016

    Laurie Bartlett

    Coral Breeze Realty, LLC

    (239) 440-7411

    81 Total Sales

    Laurie Bartlett
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223034639

Florida Gulf Coast Multiple Listing Service

APN: 01-45-23-C4-00834.0140

Florida Lee County Cape Coral 33904 Bimini Basin

125 SE 40th St, Cape Coral, FL

This home is located at 125 SE 40th St, Cape Coral, FL 33904 since 02 June 2023 and is currently estimated at $282,466, approximately $255 per square foot. This property was built in 1977. 125 SE 40th St 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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