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616 Southeast 31st Terrace

616 Southeast 31st Terrace, Cape Coral, FL 33904
Sold May 02, 2022
$405,000
$324,000 by M00531416 1 Incorporated
Mortgage Due May 01, 2052
Sold Nov 10, 2020
$254,800
$246,200 by Carrington Mortgage Services L
Mortgage Due Nov 01, 2050
616 Southeast 31st Terrace in Cape Coral, FL was first built in 2000 and is 24 years old. Although, the building on the property was most recently renovated and altered in 2003. 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. 616 Southeast 31st Terrace has 1,614 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 hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 438 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. 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, 616 Southeast 31st Terrace was last sold in Apr 28, 2022 for $405,000. According to our calculations, that's $111.85 per sqft. Prior to that sales transaction, the property was sold for $254,800 in Oct 30, 2020. Current property owners are expected to pay $5,402 in taxes per year. The property on 616 Southeast 31st Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $329,699. To break that down further, the land itself was valued at $63,318. While improvements to the property were assessed at a total of $227,672. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2003
  • 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: 438
  • 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: 3,621
  • Gross Building Area: 3,621
  • Building Area: 1,614
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,614
  • 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 25 BLK 886 PB 14 PG 91 LOTS 8 + 9

Ownership

  • Current Owner : BISHOP BARRY
  • Current Owner 2: BISHOP KERRI
  • Previous Owner : MORRIS IV RALPH R
  • Previous Owner 2: MORRIS CARLY L
  • Owner Before Previous Owner: RADJENOVICH ESTELLE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 010501

Zoning

  • Zoning: R1-D

Geography

  • Assessors Map Reference: 11-36
  • Account Number: 10084277
  • Subdivision Tract Number: C3
  • Parcel: 36-44-23-C3-00886.0080
  • Block: 886
  • Lot: 8,9
  • Meridian: SEC 36 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.5941
  • Longitude: -81.9604

    Address

  • Full Address: 616 Se 31st Ter
  • Legal Unit: 25
  • Address - House Number: 616
  • Street Direction: SE
  • Address - Street Name: 31st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: C075
  • 4-Digit Zip Code: 3549
  • Zip Code: 33904

Valuation

    Tax

  • Total Area: 1,888
  • Tax Year: 2023
  • Tax Amount: $5,402
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.1835
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 409,000
  • High Value: 484,075
  • Low Value: 333,925

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,000
  • First Open Lien Mortgage Lender: M00531416 1 INCORPORATED
  • First Open Lien Mortgage Recording Date: May 02, 2022
  • First Open Lien Mortgage Loan Amount: $324,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $329,699
  • Market Land Value: $63,318
  • Market Improvement Value: $227,672

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,699
  • Assessed Land Value: $63,318
  • Assessed Improvements Value: $227,672

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Transaction ID: 11887366073
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 146770
  • Previous Sale Recording Date: Nov 10, 2020
  • Previous Sale Contract Date: Oct 30, 2020
  • Previous Sale Amount: $254,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: M00531416 1 INCORPORATED
  • First Mortgage Transaction Date: May 02, 2022
  • First Mortgage Loan Amount: $324,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Nov 10, 2020
  • Previous Mortgage Loan Amount: $246,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2050

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Frequently Asked Questions

What neighborhood is 616 Southeast 31st Terrace located in?
The 616 Southeast 31st Terrace is a house located in the neighborhood of Caloosahatchee in Caloosahatchee, Cape Coral.
What is the average sales price for listings in 616 Southeast 31st Terrace?
The average sales price for units in 616 Southeast 31st Terrace is $0 currently.

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