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506 Southwest 25th Terrace

506 Southwest 25th Terrace, Cape Coral, FL 33914
Property in Pelican
Sold May 02, 2022
$325,000
$319,113 by Bay Equity Llc
Mortgage Due May 01, 2052
Sold Jun 27, 2017
$189,900
$186,459 by Flagstar Bank Fsb
Mortgage Due Jul 01, 2047
506 Southwest 25th Terrace 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 2015 and is 9 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 506 Southwest 25th Terrace has 1,144 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 10,019 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 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of asphalt. 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. The property was last sold in Apr 20, 2022 for $325,000. That's $163.32 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2017 for $189,900. 506 Southwest 25th Terrace was last assessed in 2023. The total value of the property was assessed at $271,908. Specifically, the land the property is located on was valued at $67,258. While improvements on the property were assessed at a total of $193,336. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,039. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • 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: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,990
  • Gross Building Area: 1,990
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,144
  • 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 45 PART 1 BLK 1882 PB 21 PG 148 LOTS 34 + 35

Ownership

  • Current Owner : COLE HARRY ALEXANDER
  • Current Owner 2: COLE MALLORY
  • Previous Owner : CLINT DWYER
  • Owner Before Previous Owner: DICOSTA MARIA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010404

Zoning

  • Zoning: R1-D

Geography

  • Assessors Map Reference: 11-35
  • Account Number: 10094626
  • Subdivision Tract Number: C1
  • Parcel: 35-44-23-C1-01882.0340
  • Block: 1882
  • Lot: 34,35
  • Meridian: SEC 35 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.6054
  • Longitude: -81.9856

    Address

  • Full Address: 506 Sw 25th Ter
  • Legal Unit: 45
  • Address - House Number: 506
  • Street Direction: SW
  • Address - Street Name: 25th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R137
  • 4-Digit Zip Code: 7764
  • Zip Code: 33914

Valuation

    Tax

  • Total Area: 1,417
  • Tax Year: 2023
  • Tax Amount: $6,039
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 349,426
  • High Value: 432,750
  • Low Value: 266,102

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $319,113
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: May 02, 2022
  • First Open Lien Mortgage Loan Amount: $319,113
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $271,908
  • Market Land Value: $67,258
  • Market Improvement Value: $193,336

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $271,908
  • Assessed Land Value: $67,258
  • Assessed Improvements Value: $193,336

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Transaction ID: 11887347299
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 147682
  • Previous Sale Recording Date: Jun 27, 2017
  • Previous Sale Contract Date: Jun 26, 2017
  • Previous Sale Amount: $189,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: May 02, 2022
  • First Mortgage Loan Amount: $319,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FLAGSTAR BANK FSB
  • Previous Mortgage Transaction Date: Jun 27, 2017
  • Previous Mortgage Loan Amount: $186,459
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 506 Southwest 25th Terrace located in?
The 506 Southwest 25th Terrace is a located in the neighborhood of Pelican in Pelican, Cape Coral.
What is the average sales price for listings in 506 Southwest 25th Terrace?
The average sales price for units in 506 Southwest 25th Terrace is $0 currently.

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