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1108 Northwest 40th Place

1108 Northwest 40th Place, Cape Coral, FL 33993
House in Burnt Store
Sold May 02, 2022
$1,005,000
Sold Jul 19, 2013
$335,000
$234,500 by Tomasso Mortgage
Mortgage Due Aug 01, 2043
1108 Northwest 40th Place has been categorized by the local assessors in Cape Coral, FL as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1108 Northwest 40th Place has 2,238 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,335 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 624 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a cathedral style roof made of concrete. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1108 Northwest 40th Place sold most recently in Apr 26, 2022 for a total of $1,005,000. If you work out the math, that's approximately a cost of $161.32 per sqft. Before that, the property was also sold for $335,000 in Jul 3, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,034 in taxes each year. 1108 Northwest 40th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $762,164. If we break it down further, the land itself was valued at $287,982. Improvements to the property, however, were assessed at a total of $425,887. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C+
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,335
  • Total Building Area: 6,230
  • Gross Building Area: 6,230
  • Building Area: 2,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,238
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CORAL
  • Land Acres: 0.375
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CORAL UNIT 81 BLK 5217 PB 24 PG 106 LOT 41

Ownership

  • Current Owner : SPANN FRANKLIN LEE
  • Current Owner 2: SPANN CYNTHIA FOSTER
  • Previous Owner : MAYER DAVID C
  • Previous Owner 2: MAYER STEPHANIE
  • Owner Before Previous Owner: ALLEN BRUCE
  • Owner Before Previous Owner 2: ALLEN BETTY
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010109

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 7-1
  • Account Number: 10011249
  • Subdivision Tract Number: C3
  • Parcel: 01-44-22-C3-05217.0410
  • Block: 5217
  • Lot: 41
  • Meridian: SEC 01 TWN 44S RNG 22E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.6735
  • Longitude: -82.0571

    Address

  • Full Address: 1108 Nw 40th Pl
  • Legal Unit: 81
  • Address - House Number: 1108
  • Street Direction: NW
  • Address - Street Name: 40th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R025
  • 4-Digit Zip Code: 9121
  • Zip Code: 33993

Valuation

    Tax

  • Total Area: 2,805
  • Tax Year: 2023
  • Tax Amount: $13,034
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 1,040,094
  • High Value: 1,226,062
  • Low Value: 854,127

    Market Valuation

  • Market Total Value: $762,164
  • Market Land Value: $287,982
  • Market Improvement Value: $425,887

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $762,164
  • Assessed Land Value: $287,982
  • Assessed Improvements Value: $425,887

    Sales

  • Current Sale Contract Date: Apr 26, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Transaction ID: 11887383206
  • Current Sale Price: $1,005,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 147253
  • Previous Sale Recording Date: Jul 19, 2013
  • Previous Sale Contract Date: Jul 03, 2013
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TOMASSO MORTGAGE
  • Previous Mortgage Transaction Date: Jul 19, 2013
  • Previous Mortgage Loan Amount: $234,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Burnt Store



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Frequently Asked Questions

What neighborhood is 1108 Northwest 40th Place located in?
The 1108 Northwest 40th Place is a house located in the neighborhood of Burnt Store in Burnt Store, Cape Coral.
What is the average sales price for listings in 1108 Northwest 40th Place?
The average sales price for units in 1108 Northwest 40th Place is $0 currently.

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