by RH Advisors

Check Availability
$997,000
↓ $82K (7.6%)
House - For Sale

3412 SW 7th TERRACE

CAPE CORAL, FL 33991
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2383 Sqft
$5,392
Estimated Monthly
2.33%
Cap Rate

About This Property

GORGEOUS TAKE YOUR BREATH AWAY VIEWS! Direct gulf access  on a beautiful basin where the fishing, and water sports provide for the life style everyone dreams about!  Since you will want to explore the nearby islands by boat, this property has a lift (automated), dock space for a sailboat, dock space for a pontoon boat and room for your other water toys. The basin is filled with fish and manatee and even the occasional dolphin!.  This would make the ideal vacation rental or primary home to make memories in, since it has two primary bedrooms, with one on the first floor and one on the second floor.  The new lanai cage maximizes the view with picture window screening.  SE Exposure to have the sun on the pool all day. The dock allows for chairs and tables to extend your party down to the waterfront, and end the evening under the tike hut.   There is a pool bath and an outdoor shower in the pool area.  Freshly painted inside and out with a new roof and new pool cage. Upstairs lanai and balcony to watch the sunsets with a glass of wine.   You will not find another house with this access and view that has been updated and cared for with love.  There is even a wood burning fireplace for those romantic, cool nights. Walk to Joe Stonis Park, where there is tennis, pickleball, and walking and exercise paths. also close to Serenia Vita Park for great kayaking.  THIS REMODELED HOME IS A MUST SEE  Best deal offered with these views,  boating access and bedrooms, for this price.  Just minutes out to the Matlacha Pass and restaurants to go to by boat. New roof, air-conditioner, pool pump and so much more, list of upgrades available.
Unit Size
2,383Ft²
Days on Market
50 days
Land Size
0.26 acres
Price per sqft
$418
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1988

Listed By

Last updated: 2 months ago (Stellar MLS #C7492070)

Price History

Date / Event Date Event Price
May 17, 2024 Price Decreased $997,000
↓ $82K (7.6%)
Price Decreased
May 6, 2024 Listed by eXp Realty LLC $1,079,000
Listed by eXp Realty LLC
GORGEOUS TAKE YOUR BREATH AWAY VIEWS! Direct gulf access on a beautiful basin where the fishing, and water sports provide for the life style everyone dreams about! Since you will want to explore the nearby islands by boat, this property has a lift (automated), dock space for a sailboat, dock space for a pontoon boat and room for your other water toys. The basin is filled with fish and manatee and even the occasional dolphin!. This would make the ideal vacation rental or primary home to…
Mar 27, 2024 Listed by EXP Realty LLC $1,079,000
Listed by EXP Realty LLC
GORGEOUS TAKE YOUR BREATH AWAY VIEWS! HUGE price reduction! The view is worth a MILLION! Direct gulf access on a beautiful basin where the fishing, and water sports provide for the life style everyone dreams about! Since you will want to explore the nearby islands by boat, this property has a lift (automated), dock space for a sailboat, dock space for a pontoon boat and room for your other water toys. The basin is filled with fish and manatee and even the occasional dolphin!. This would…
Feb 26, 2022 No longer available -
No longer available
Feb 17, 2022 Price Decreased $1,198,000
↓ $101K (7.8%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 3

Interior Information

Interior Features: Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, PrimaryBedroom Upstairs, Solid Surface Counters, Window Treatments
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Carpet, Recycled/Composite Flooring, Tile
Laundry Features: Laundry Room

Room Information

Rooms: 6

Fireplace Information

Has Fireplace
Fireplace Features: Family Room, Stone, Wood Burning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • 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: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,238
  • Total Building Area: 4,782
  • Gross Building Area: 4,782
  • Building Area: 3,013
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,013
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CORAL
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CORAL UNIT 58 BLK.5332 PB 23 PG 129 LOTS 24 + 25

Ownership

  • Current Owner : SCHARNBERGER LAURENCE M
  • Current Owner 2: THE LAURENCE M SCHARNBERGER TRUST
  • Previous Owner : HENN PETER R
  • Previous Owner 2: HENN STEPHANIE P
  • Owner Before Previous Owner: GOEBEL GARY M
  • Owner Before Previous Owner 2: GOEBEL LORRAINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1-W

Geography

  • Assessors Map Reference: 11-18
  • Account Number: 10072849
  • Subdivision Tract Number: C3
  • Parcel: 18-44-23-C3-05332.0240
  • Block: 5332
  • Lot: 24,25
  • Meridian: SEC 18 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.64
  • Longitude: -82.0455

    Address

  • Full Address: 3412 Sw 7th Ter
  • Legal Unit: 58
  • Address - House Number: 3412
  • Street Direction: SW
  • Address - Street Name: 7th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R068
  • 4-Digit Zip Code: 1613
  • Zip Code: 33991

Valuation

    Tax

  • Total Area: 2,825
  • Tax Year: 2023
  • Tax Amount: $5,948
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.0832
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 1,181,608
  • High Value: 1,279,967
  • Low Value: 1,083,249

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: INTEGRITY HOME LOAN OF CENTRAL
  • First Open Lien Mortgage Recording Date: May 19, 2009
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: May 01, 2039

    Market Valuation

  • Market Total Value: $838,859
  • Market Land Value: $294,121
  • Market Improvement Value: $470,007

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,679

    Exemptions

  • Veteran Exemption: Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 22, 2004
  • Current Sale Recording Date: Aug 24, 2004
  • Current Sale Transaction ID: 1062826702
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6409165
  • Previous Sale Recording Date: Apr 06, 2001
  • Previous Sale Contract Date: Mar 30, 2001
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROBERT P TOMASSO MTGE
  • First Mortgage Transaction Date: Aug 24, 2004
  • First Mortgage Loan Amount: $388,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Apr 06, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $216,000

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
2,527 ft²
$455/ft²
$1,150,000 Aug 2, 2023
$1,150,000 Nov 10, 2023
$675/mo
House
3 Beds
3 Baths
2,266 ft²
$485/ft²
$1,100,000 Dec 3, 2023
$1,100,000 Feb 2, 2024
$1,041/mo
House
3 Beds
2 Baths
2,063 ft²
$436/ft²
$900,000 Apr 10, 2023
$900,000 Sep 19, 2023
$829/mo
House
3 Beds
4 Baths
3,470 ft²
$241/ft²
$835,000 Oct 21, 2023
$835,000 Mar 15, 2024
$801/mo
House
4 Beds
3 Baths
2,500 ft²
$360/ft²
$900,000 Apr 5, 2024
-
$564/mo
House
4 Beds
3.5 Baths
2,383 ft²
$453/ft²
$1,079,000 Mar 27, 2024
-
$496/mo
House
4 Beds
3 Baths
2,001 ft²
$549/ft²
$1,099,000 Apr 3, 2024
-
$440/mo
House
4 Beds
3 Baths
2,500 ft²
$360/ft²
$900,000 Feb 21, 2024
-
$564/mo
House
4 Beds
2 Baths
2,250 ft²
$433/ft²
$975,000 Oct 8, 2023
-
$491/mo
House
3 Beds
3.5 Baths
2,420 ft²
$360/ft²
$870,000 Apr 26, 2024
-
$258/mo
House
3 Beds
2.5 Baths
2,560 ft²
$347/ft²
$889,000 Mar 6, 2024
-
$275/mo
House
3 Beds
3 Baths
2,038 ft²
$456/ft²
$929,000 Feb 2, 2024
-
$263/mo

About Burnt Store


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Frequently Asked Questions

When was property at 3412 Southwest 7th Terrace built and last sold?
The property at 3412 Southwest 7th Terrace was built in 1988 and last sold on Jul 22, 2004 for $485,000.
How much is this home worth?
The estimated value of the home located at 3412 Southwest 7th Terrace is $1,068,069.
What are some comparable homes to 3412 Southwest 7th Terrace?
Homes that are comparable to 3412 Southwest 7th Terrace include a house property at 3412 Southwest 7th Terrace, 3415 Ceitus Parkway, 414 Southwest 38th Avenue.

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