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507 Northeast 1st Avenue

507 Northeast 1st Avenue, Cape Coral, FL 33909
Property in Mariner
Sold Jan 04, 2022
$330,000
$294,500 by Redfin Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Aug 28, 2008
$104,900
Local assessors in Cape Coral, FL have categorized 507 Northeast 1st Avenue as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 10,934 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 860 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 507 Northeast 1st Avenue has a total of 1,957 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 428 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. 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 cathedral 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. The property was last sold in Jan 3, 2021 for $330,000. That's $136.93 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2008 for $104,900. 507 Northeast 1st Avenue was last assessed in 2023. The total value of the property was assessed at $281,347. Specifically, the land the property is located on was valued at $44,729. While improvements on the property were assessed at a total of $236,618. 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 $7,514. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 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: 428
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,934
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,410
  • Gross Building Area: 2,410
  • Building Area: 1,957
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,957
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPE CORAL
  • Land Acres: 0.251
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAPE CORAL UNIT 35 BLK 2368 PB 16 PG 104 LOTS 29 + 30

Ownership

  • Current Owner : PITTS RODERICK BERNARD
  • Previous Owner : POWER PATRICK
  • Previous Owner 2: POWER LINDA
  • Owner Before Previous Owner: BANK OF NEW YORK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010205

Zoning

  • Zoning: R1-D

Geography

  • Assessors Map Reference: 11-12
  • Account Number: 10047597
  • Subdivision Tract Number: C1
  • Parcel: 12-44-23-C1-02368.0290
  • Block: 2368
  • Lot: 29,30
  • Meridian: SEC 12 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.662
  • Longitude: -81.9717

    Address

  • Full Address: 507 Ne 1st Ave
  • Legal Unit: 35
  • Address - House Number: 507
  • Street Direction: NE
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R175
  • 4-Digit Zip Code: 1938
  • Zip Code: 33909

Valuation

    Tax

  • Total Area: 2,021
  • Tax Year: 2023
  • Tax Amount: $7,514
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 93
  • Final Value: 317,431
  • High Value: 343,342
  • Low Value: 291,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,500
  • First Open Lien Mortgage Lender: REDFIN MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 04, 2022
  • First Open Lien Mortgage Loan Amount: $294,500
  • 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, 2052

    Market Valuation

  • Market Total Value: $281,347
  • Market Land Value: $44,729
  • Market Improvement Value: $236,618

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,347
  • Assessed Land Value: $44,729
  • Assessed Improvements Value: $236,618

    Sales

  • Current Sale Contract Date: Jan 03, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Transaction ID: 11876765183
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022000003251
  • Previous Sale Recording Date: Aug 28, 2008
  • Previous Sale Contract Date: Aug 15, 2008
  • Previous Sale Amount: $104,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REDFIN MORTGAGE LLC
  • First Mortgage Transaction Date: Jan 04, 2022
  • First Mortgage Loan Amount: $294,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

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Frequently Asked Questions

What neighborhood is 507 Northeast 1st Avenue located in?
The 507 Northeast 1st Avenue is a located in the neighborhood of Mariner in Mariner, Cape Coral.
What is the average sales price for listings in 507 Northeast 1st Avenue?
The average sales price for units in 507 Northeast 1st Avenue is $0 currently.

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