13 days on rocket

1507 SW 40th Ter, Cape Coral, FL, 33914

$509,600

Home List Price

$6,052*

Closing Credit

3 Bedrooms
2 Full Baths
1,975 SqFt
$258/SqFt
House
Schools Nearby

Location

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1507 SW 40th Ter, Cape Coral$509,600

Buyer Closing Credits

$6,052*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1991
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontCanal, Navigable Water, Seawall
ViewCanal
MLS #224036060
Lot Size0.23 Acres
StatusActive

About 1507 SW 40th Ter

Foreclosed property. A fantastic deal indeed! GULF ACCESS CANAL HOME with almost 2,000 sq.ft. under air. As you open the door you'll see the open floor plan concept with wood-like floors that include living/dining areas and a butlers station that could be used as a bar setup adjoining to the kitchen with breakfast bar and also breakfast nook for a more informal meal. The sliding doors will open to the screened lanai and into your backyard where the water games await for you! This home offers a split floor plan with 3 bedrooms and a bonus room that could be used as a den or office, inside laundry with cabinets and tub and a two car garage. The backyard offers northern exposure where you can spend time at the captains walk with gorgeous canal views ideal for fishing or boating. Come and enjoy paradise where unlimited exciting water sports will amuse your family and friends!!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1991
  • Stories: 1
  • Living Area: 1,975 SqFt

Listing Office:

  • Office Name: Rawlings Realty, Inc
  • Office Phone: (239) 482-7785
  • Listing Agent: Elvia Arana

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Built-in Features, Bathtub, Dual Sinks, Living/Dining Room, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Canal, Navigable Water, Seawall
  • View: Canal
  • Exterior: None, Room For Pool

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Ida S. Baker High School, Public Magnet Grades 9-12
  • Cape Coral High School, Public Magnet Grades 9-12
  • Mariner High School, Public District Grades 9-12
  • Gulf Middle School, Public District Grades 6-8
  • Trafalgar Middle School, Public District Grades 6-8
  • Challenger Middle School, Public District Grades 6-8
  • Gulf Elementary School, Public District Grades PK-5
  • Pelican Elementary School, Public District Grades PK-5
  • Skyline Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $509,600
  • Price Per SqFt: $258/SqFt
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Housing Market Comparison

See how this home compares to others in Cape Coral, FL.

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Cape Coral, FL

City

Med. Sold Price

$398.8K

Med. Price/SqFt

$238

Avg. Days On Market

71

# of Sold Homes

593

1507 SW 40th Ter vs Cape Coral

13 DAYS ON ROCKET

-58 Days

$509,600

+$110.7K More

$258/SqFt

+$19 More

KEY TAKEAWAY

This property is $110.7K more than the Median Sold Price and $19/SqFt more than other homes in Cape Coral, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224036060

Listing Office:

  • Office Name: Rawlings Realty, Inc
  • Office Phone: (239) 482-7785
  • Listing Agent: Elvia Arana

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 8:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 31, 2017Home Sold
$19,500
Nov 09, 2012Home Sold
$13,000

History based on county public records data.

Payment Calculator

$2,611

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,594

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4962391
8
/10

  • Gulf Elementary School

  • 3405 Agualinda Blvd

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-4962392
7
/10

  • Pelican Elementary School

  • 3525 SW 3rd Ave

  • 1.70 miles

  • Public District Grades PK-5

school-card-donut-4962393
5
/10

  • Skyline Elementary School

  • 620 SW 19th St

  • 2.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4962394
6
/10

  • Gulf Middle School

  • 1809 SW 36th Ter

  • 0.78 miles

  • Public District Grades 6-8

school-card-donut-4962395
6
/10

  • Trafalgar Middle School

  • 2120 SW Trafalgar Pkwy

  • 3.07 miles

  • Public District Grades 6-8

school-card-donut-4962396
6
/10

  • Challenger Middle School

  • 624 SW Trafalgar Pkwy

  • 3.28 miles

  • Public District Grades 6-8

High School

school-card-donut-4962397
4
/10

  • Ida S. Baker High School

  • 3500 Agualinda Blvd

  • 1.02 miles

  • Public Magnet Grades 9-12

school-card-donut-4962398
5
/10

  • Cape Coral High School

  • 2300 Santa Barbara Blvd

  • 2.87 miles

  • Public Magnet Grades 9-12

school-card-donut-4962399
3
/10

  • Mariner High School

  • 701 Chiquita Blvd N

  • 5.96 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,196. The most common annual income of people living in Cape Coral, FL is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1507 SW 40th Ter

What is the listing price of this property?

The listing price of 1507 SW 40th Ter property is $509,600.

What type of property is this?

The property 1507 SW 40th Ter is a house located in Cape Coral, Florida, 33914.

Is this property for sale now?

Active Listing: 1507 SW 40th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1507 SW 40th Ter are:
Gulf Elementary School: GreatSchools Rating 8/10
Pelican Elementary School: GreatSchools Rating 7/10
Skyline Elementary School: GreatSchools Rating 5/10
Gulf Middle School: GreatSchools Rating 6/10
Trafalgar Middle School: GreatSchools Rating 6/10
Challenger Middle School: GreatSchools Rating 6/10
Ida S. Baker High School: GreatSchools Rating 4/10
Cape Coral High School: GreatSchools Rating 5/10
Mariner High School: GreatSchools Rating 3/10

When was this property sold last time and for how much?

The last sale was on May 31, 2017 for $19,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1507 SW 40th Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1507 SW 40th Ter is 1,975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1507 SW 40th Ter is 1991.

Rocket Homes›Florida›Lee County›Cape Coral›33914›1507 SW 40th Ter

This home is located at 1507 SW 40th Ter in Cape Coral, FL and zip code 33914 in the Pelican neighborhood. This 1,975 square foot home, which was built in 1991, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $509,600.

In April 2024, from all listings sold in Cape Coral, FL there were more than 57 sold above asking price, over 406 sold below and more than 130 were sold right at the asked price. The number of listings in Cape Coral, FL increased by 3.5% between March 2024 and April 2024. While the average time on the market in April 2024 was 71 days, the median list price was $398,884.

From Rocket Homes Real Estate and based on county public records data.

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