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1202 Northeast 4th Terrace

1202 Northeast 4th Terrace, Cape Coral, FL 33909
Property in Hancock
Sold May 05, 2016
$140,000
Sold Dec 11, 2015
$120,000
Local assessors in Cape Coral, FL have categorized 1202 Northeast 4th Terrace as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1989. The property's lot size has been calculated to be 15,943 square feet. 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 1202 Northeast 4th Terrace has a total of 1,582 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 carport for those who need a place to park their vehicle. The garage on the property is 396 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 fair. 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 - D. The building has a 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1202 Northeast 4th Terrace was last sold in Apr 22, 2016 for $140,000. According to our calculations, that's $30.12 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Dec 4, 2015. Current property owners are expected to pay $2,854 in taxes per year. The property on 1202 Northeast 4th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $167,049. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,943
  • Total Building Area: 4,648
  • Gross Building Area: 4,648
  • Building Area: 1,582
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,582
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CORAL
  • Land Acres: 0.366
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CORAL UNIT 47 PART 1 BLK 3579 PB 24 PG 10 LOTS 11 + 12

Ownership

  • Current Owner : ERICKSEN KERSTEN
  • Current Owner 2: ERICKSEN PAULA
  • Previous Owner : MAIER TOM
  • Previous Owner 2: MAIER SHARON
  • Owner Before Previous Owner: S & J GROUP HOME INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010307

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 15-7
  • Account Number: 10156837
  • Subdivision Tract Number: C2
  • Parcel: 07-44-24-C2-03579.0110
  • Block: 3579
  • Lot: 11,12
  • Meridian: SEC 07 TWN 44S RNG 24E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.6602
  • Longitude: -81.9489

    Address

  • Full Address: 1202 Ne 4th Ter
  • Legal Unit: 47
  • Address - House Number: 1202
  • Street Direction: NE
  • Address - Street Name: 4th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R157
  • 4-Digit Zip Code: 2153
  • Zip Code: 33909

Valuation

    Tax

  • Total Area: 1,827
  • Tax Year: 2023
  • Tax Amount: $2,854
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.2408
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 381,640
  • High Value: 473,551
  • Low Value: 289,729

    Market Valuation

  • Market Total Value: $329,251
  • Market Land Value: $77,351
  • Market Improvement Value: $205,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,049

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2016
  • Current Sale Recording Date: May 05, 2016
  • Current Sale Transaction ID: 1578140363
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016000096853
  • Previous Sale Recording Date: Dec 11, 2015
  • Previous Sale Contract Date: Dec 04, 2015
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOM MAIER ETUX
  • First Mortgage Transaction Date: May 05, 2016
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)

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Frequently Asked Questions

What neighborhood is 1202 Northeast 4th Terrace located in?
The 1202 Northeast 4th Terrace is a located in the neighborhood of Hancock in Hancock, Cape Coral.
What is the average sales price for listings in 1202 Northeast 4th Terrace?
The average sales price for units in 1202 Northeast 4th Terrace is $0 currently.

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