tomo logo

$1,299,000

Beds
4
Baths
3.0
sq ft
2,393

1431 SW 40th Ter, Cape Coral, FL 33914

1431 SW 40th Ter

Cape Coral, FL 33914

  • 25 days on market
This meticulously crafted home was built by the builder for himself, ensuring top-tier quality and attention to detail. Step inside to soaring 10’ ceilings, stunning 90-degree sliding glass doors, elegant plantation shutters, custom closet shelving, and premium Big Ass fans. The chef’s kitchen is a standout, featuring a stylish tile backsplash, granite countertops, and high-end stainless steel appliances. Designed for multi-generational living, this home boasts two luxurious master suites, plus two additional bedrooms and a guest bath. Outdoor living is exceptional, with a resort-style pool featuring a sun shelf and bar seating beneath a tiki bar, all framed by a full-length picture window screen enclosure. An outdoor kitchen and built-in granite dining table make entertaining effortless. Enjoy peace of mind with impact windows, doors, and a roll-down impact screen for the covered lanai, keeping outdoor furnishings secure. The private dock includes a 10,000 lb boat lift for easy water access. The oversized three-car garage offers an epoxy floor, custom storage, cabinetry, and plumbing for an ice maker. Additional upgrades include a money-saving tankless water heater and a 2024 A/C unit still under warranty. Best of all, this home is not in a flood zone. Never had any water damage from storms. High and dry. Furnishings are negotiable—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$1,110,640

Lot size

0.23 acres

Price per sq ft

$543

Year built

2016

Annual property taxes

$13,904.31

HOA

No

Price History

03/07/2025

FGCMLS #225024926

Listed
$1,299,000
+18.09%
06/23/2023

FGCMLS #223025384

Sold
$1,100,000
+900%
08/31/2015

FGCMLS #215036679

Sold
$110,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

1

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bny Mellon Na

Loan start date

June 2023

Original loan amount

$880,000

Est. remaining balance

$861,993

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Todd A Wallace and Margaret Wallace

Lender

Bny Mellon Na

Loan start date

June 2023

Original loan amount

$880,000

Est. remaining balance

$861,993

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Todd A Wallace and Margaret Wallace

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 12:00 AM

Listing updated: 03/08/2025 at 1:05 PM

Listed by: Jill Dean, RE/MAX Realty Team Phone #: (239) 242-2000

MLS: FGCMLS #225024926

FGCMLS logo

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