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1224 Southwest 31st Terrace

1224 Southwest 31st Terrace, Cape Coral, FL 33914
Property in Pelican
Sold Feb 08, 2021
$283,000
$226,400 by Movement Mortgage
Mortgage Due Feb 01, 2051
Sold Aug 26, 2004
$65,000
1224 Southwest 31st Terrace in Cape Coral, FL was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1224 Southwest 31st Terrace has 1,982 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a cathedral style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 434 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home 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, 1224 Southwest 31st Terrace sold most recently in Jan 22, 2021 for a total of $283,000. If you work out the math, that's approximately a cost of $65.06 per sqft. Before that, the property was also sold for $65,000 in Aug 3, 2004. 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 $8,821 in taxes each year. 1224 Southwest 31st Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $419,746. If we break it down further, the land itself was valued at $56,514. Improvements to the property, however, were assessed at a total of $345,338. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2006
  • Effective Year Built: 2006
  • 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: Cathedral
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 434
  • 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: 4,350
  • Gross Building Area: 4,350
  • Building Area: 1,982
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,982
  • 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 66 BLK 3229 PB 22 PG 16 LOT 53 + 54

Ownership

  • Current Owner : GRANT KEVIN PAUL
  • Current Owner 2: GRANT LYNN M
  • Previous Owner : GELOK RONALD A
  • Previous Owner 2: THE 1224 SW 31ST TERRACE TRUST
  • Owner Before Previous Owner: JOSEPH GERARD J

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010421

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 11-34
  • Account Number: 10091470
  • Subdivision Tract Number: C4
  • Parcel: 34-44-23-C4-03229.0530
  • Block: 3229
  • Lot: 53,54
  • Meridian: SEC 34 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5934
  • Longitude: -82.0015

    Address

  • Full Address: 1224 Sw 31st Ter
  • Legal Unit: 66
  • Address - House Number: 1224
  • Street Direction: SW
  • Address - Street Name: 31st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R292
  • 4-Digit Zip Code: 4229
  • Zip Code: 33914

Valuation

    Tax

  • Total Area: 2,393
  • Tax Year: 2023
  • Tax Amount: $8,821
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 70
  • Final Value: 518,902
  • High Value: 630,549
  • Low Value: 407,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $226,400
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 08, 2021
  • First Open Lien Mortgage Loan Amount: $226,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $419,746
  • Market Land Value: $56,514
  • Market Improvement Value: $345,338

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $419,746
  • Assessed Land Value: $56,514
  • Assessed Improvements Value: $345,338

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Feb 08, 2021
  • Current Sale Transaction ID: 11817510135
  • Current Sale Price: $283,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021000040402
  • Previous Sale Recording Date: Aug 26, 2004
  • Previous Sale Contract Date: Aug 03, 2004
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Feb 08, 2021
  • First Mortgage Loan Amount: $226,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 1224 Southwest 31st Terrace located in?
The 1224 Southwest 31st Terrace is a located in the neighborhood of Pelican in Pelican, Cape Coral.
What is the average sales price for listings in 1224 Southwest 31st Terrace?
The average sales price for units in 1224 Southwest 31st Terrace is $0 currently.

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