tomo logo

$799,000

Beds
4
Baths
2.0
sq ft
1,540

501 SE 7th St, Cape Coral, FL 33990

501 SE 7th St

Cape Coral, FL 33990

  • 175 days on market
    • Price drop $10,500↓
Cozy Waterfront Living in SE Cape Coral- A boaters water wonderland! Welcome to your dream home in one of the most sought-after areas of SE Cape Coral! This cozy 4-bedroom, 2-bath residence with a pool spans 1,560 square feet and offers an unparalleled lifestyle with over 240 feet of breathtaking water views and direct access to the expansive Saratoga Lake. The home has new tankless water heater,new 18 Solar panels,New pool cage,active carbon 1 Cu Ft water filter system,newer 2.5 ton Ac,new fixtures & fans.This home also features 18 solar panels that generate electricity, effectively eliminating your electric bill. Enjoy the hot summers and stay cool year-round with no electricity costs—these solar panels even pay you back over time! BUy a home that pays you back !! NO electric bill, keep ac running all day , pool heater all day and ZERO electric bill. All updated in the last 2-3 years. Wake up to serene water vistas and enjoy the gentle breeze as you sip your morning coffee by the pool. The outdoor space is perfect for relaxation and entertaining, with ample room to soak in the sunshine and savor the picturesque canal and lake views.For boating enthusiasts, this home is a dream come true with water access to Shamrock Lakes and Lake Kennedy, allowing you to explore the waterways to your heart’s content.The home is ideally located for both recreation and convenience. Take a short stroll to Hunters Run for a quick round of golf, or bring the kids to Cultural Park for a fun-filled day. If you're looking for more adventure, Sun Splash Family Waterpark is just a stone's throw away.In addition, this prime location offers easy access to essential amenities. Cape Coral Hospital is nearby, providing peace of mind for your healthcare needs. The proximity to I-75 ensures smooth commuting and travel, while shopping centers and schools are conveniently close, making daily errands and school runs a breeze.The property sits on an oversized lot and includes two additional parcels (FL parcel #2020000187029 and FL parcel #2020000060049), totaling an extra 32,700 square feet. This offers endless possibilities for expansion or new construction, making it a prime opportunity to invest in one of Cape Coral's premier neighborhoods. Inside, the open and airy layout is designed for comfortable living. The spacious bedrooms provide plenty of room for family and guests, while the well-appointed bathrooms ensure convenience. With a little maintenance, this diamond in the rough will truly shine! Don’t miss your chance to own a piece of paradise with the best water view in SE Cape Coral. Schedule your private showing today and experience the beauty and tranquility of this exceptional waterfront home on Saratoga Lake. The possibilities are limitless! You deserve to live the Coastal Lifestyle !!.Seller is motivated ,2.25% seller concessions are available for rate buy down or closing cost.

Details

Property type

Single Family Residence

Est. home value

$431,950

Lot size

0.69 acres

Price per sq ft

$519

Year built

2005

Annual property taxes

$6,666.4

HOA

No

Price History

05/28/2024

FGCMLS #224046955

Listed
$799,000
+220.88%
12/10/2019

FGCMLS #219066333

Sold
$249,000

Schools & Community

Elementary school: 

CALOOSA ELEMENTARY SCHOOL

Middle school: 

CALOOSA MIDDLE SCHOOL

High school: 

CAPE CORAL HIGH SCHOOL

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

Wells Fargo Bank Na

Loan start date

December 2019

Original loan amount

$180,000

Est. remaining balance

$162,465

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

David Mullins and Trang Phan

Lender

Wells Fargo Bank Na

Loan start date

December 2019

Original loan amount

$180,000

Est. remaining balance

$162,465

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

David Mullins and Trang Phan

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: 11/19/2024 at 3:30 PM

Listing updated: 11/09/2024 at 5:13 AM

Listed by: Robert Cardenas, LPT Realty,LLC Phone #: (877) 366-2213

MLS: FGCMLS #224046955

FGCMLS logo

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