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724 Southwest 8th Terrace

724 Southwest 8th Terrace, Cape Coral, FL 33991
House in Hancock
Sold Feb 13, 2020
$204,900
$198,753 by Primary Residential Mortgage I
Mortgage Due Mar 01, 2050
Sold Sep 10, 2019
$122,500
724 Southwest 8th 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 1996 and is 28 years old. However, we must point out that the home was most recently renovated and altered in 2001. 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, 724 Southwest 8th Terrace has 1,310 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 469 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 cathedral 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. 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, 724 Southwest 8th Terrace sold most recently in Feb 7, 2020 for a total of $204,900. If you work out the math, that's approximately a cost of $92.09 per sqft. Before that, the property was also sold for $122,500 in Aug 20, 2019. 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 $3,583 in taxes each year. 724 Southwest 8th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $169,642. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2001
  • 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: 469
  • 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: 2,225
  • Gross Building Area: 2,225
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,310
  • 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 63 BLK 4491 PB 21 PG 81 LOTS 13 + 14

Ownership

  • Current Owner : MARTINEZ ABIEZER REYES
  • Previous Owner : STOUTEN JEFFREY
  • Previous Owner 2: STOUTEN CRYSTAL
  • Owner Before Previous Owner: WELLS FARGO BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1-D

Geography

  • Assessors Map Reference: 11-23
  • Account Number: 10078938
  • Subdivision Tract Number: C1
  • Parcel: 23-44-23-C1-04491.0130
  • Block: 4491
  • Lot: 13,14
  • Meridian: SEC 23 TWN 44S RNG 23E
  • Municipality: CITY OF CAPE CORAL
  • Latitude: 26.6372
  • Longitude: -81.9904

    Address

  • Full Address: 724 Sw 8th Ter
  • Legal Unit: 63
  • Address - House Number: 724
  • Street Direction: SW
  • Address - Street Name: 8th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cape Coral
  • Carrier Code: R273
  • 4-Digit Zip Code: 2430
  • Zip Code: 33991

Valuation

    Tax

  • Total Area: 1,418
  • Tax Year: 2023
  • Tax Amount: $3,583
  • Tax Rate Code Area: 057

    Appraisal Valuation

  • Standard Deviation: 0.2395
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 336,992
  • High Value: 417,711
  • Low Value: 256,272

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $206,949
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Feb 13, 2020
  • First Open Lien Mortgage Loan Amount: $198,753
  • 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: Mar 01, 2050
  • Second Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Second Open Lien Mortgage Recording Date: Feb 13, 2020
  • Second Open Lien Mortgage Loan Amount: $8,196
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2050

    Market Valuation

  • Market Total Value: $245,213
  • Market Land Value: $72,872
  • Market Improvement Value: $172,341

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,642

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 07, 2020
  • Current Sale Recording Date: Feb 13, 2020
  • Current Sale Transaction ID: 11736962458
  • Current Sale Price: $204,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020000038294
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Aug 20, 2019
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Feb 13, 2020
  • First Mortgage Loan Amount: $198,753
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Hancock



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Frequently Asked Questions

What neighborhood is 724 Southwest 8th Terrace located in?
The 724 Southwest 8th Terrace is a house located in the neighborhood of Hancock in Hancock, Cape Coral.
What is the average sales price for listings in 724 Southwest 8th Terrace?
The average sales price for units in 724 Southwest 8th Terrace is $0 currently.

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