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1116 Southeast 31st Terrace

1116 Southeast 31st Terrace, Cape Coral, FL 33904
Property in Caloosahatchee
Sold Dec 22, 2000
$120,000
$96,000 by 1st Capital Lending Corp
Mortgage
Sold Sep 23, 1998
$99,900
$80,778 by Gary Howe
Mortgage
Local assessors in Cape Coral, FL have categorized 1116 Southeast 31st Terrace as a residential type of property. The home was built in 1987 and is 37 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1116 Southeast 31st Terrace has a total of 1,966 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 534 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable or hip style roof that was made of asphalt. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is 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, 1116 Southeast 31st Terrace sold most recently in Dec 22, 2000 for a total of $120,000. If you work out the math, that's approximately a cost of $22.46 per sqft. Before that, the property was also sold for $99,900 in Sep 21, 1998. 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 $4,054 in taxes each year. 1116 Southeast 31st Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $248,975. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 534
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 5,342
  • Gross Building Area: 5,342
  • Building Area: 1,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,966
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CORAL
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CORAL UNIT 21 BLK 607 PB 13 PG 151 LOTS 3 + 4

Ownership

  • Current Owner : GRIMES ROGER B
  • Previous Owner : CLARK MARY JO ANN
  • Owner Before Previous Owner: HOWE GARY L
  • Owner Before Previous Owner 2: HOWE VIRGINIA DIANE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010601

Zoning

  • Zoning: R1-D

Geography

  • Assessors Map Reference: 15-31
  • Account Number: 10178217
  • Subdivision Tract Number: C4
  • Parcel: 31-44-24-C4-00607.0030
  • Block: 607
  • Lot: 3,4
  • Meridian: SEC 31 TWN 44S RNG 24E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5937
  • Longitude: -81.951

    Address

  • Full Address: 1116 Se 31st Ter
  • Legal Unit: 21
  • Address - House Number: 1116
  • Street Direction: SE
  • Address - Street Name: 31st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: C013
  • 4-Digit Zip Code: 3977
  • Zip Code: 33904

Valuation

    Tax

  • Total Area: 2,283
  • Tax Year: 2023
  • Tax Amount: $4,054
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 469,517
  • High Value: 569,031
  • Low Value: 370,003

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: 1ST CAPITAL LENDING CORP
  • First Open Lien Mortgage Recording Date: Dec 22, 2000
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $96,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: May 31, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 10, 2049

    Market Valuation

  • Market Total Value: $386,778
  • Market Land Value: $50,775
  • Market Improvement Value: $303,581

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,975

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2000
  • Current Sale Recording Date: Dec 22, 2000
  • Current Sale Transaction ID: 1072858361
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Sep 23, 1998
  • Previous Sale Contract Date: Sep 21, 1998
  • Previous Sale Amount: $99,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST CAPITAL LENDING CORP
  • First Mortgage Transaction Date: Dec 22, 2000
  • First Mortgage Loan Amount: $96,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: GARY HOWE
  • Previous Mortgage Transaction Date: Sep 23, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $80,778

About Caloosahatchee



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Frequently Asked Questions

What neighborhood is 1116 Southeast 31st Terrace located in?
The 1116 Southeast 31st Terrace is a located in the neighborhood of Caloosahatchee in Caloosahatchee, Cape Coral.
What is the average sales price for listings in 1116 Southeast 31st Terrace?
The average sales price for units in 1116 Southeast 31st Terrace is $0 currently.

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