tomo logo

$579,000

Beds
4
Baths
2.0
sq ft
2,204

627 NE 7th Ter, Cape Coral, FL 33909

627 NE 7th Ter

Cape Coral, FL 33909

  • 10 days on market
Lakefront Pool Home on the banks of Arrowhead Lake with room for everyone with 4 bedrooms plus a Den, 2 Bathrooms, an air-conditioned 2 car garage. Save money and be self-efficient with 48 Solar Panels to power this amazing home. Enjoy possibly having no power bill or even getting paid for the solar you generate. Buy with confidence this home is not in a flood zone (zone X), Metal Roof, Solar Power, Impact Windows and hurricane protection, and a hurricane garage door! Open floorplan with tons of upgrades. Attention to detail with Wainscoting walls in the dining area, halls accented with arches, and open vaulted ceilings. Entertainers Kitchen is open to the living room and formal dining room, ideal for families and get-togethers. Waterfront kitchen with modern light fixtures & breakfast nook which overlooks the water. Relax in the living room with a custom feature wall with an electric fireplace, custom shelving, surround sound, and a water view. The master bedroom also has surround sound and offers a huge walk-in closet with custom shelving! The master bathroom has dual sinks, and a walk-in shower. Even a built-in heated towel rack feels like you are at the spa every day in your own home. Guest bedrooms are large and well appointed, great for family and visitors. Enjoy a separate den/office area by the guest bedrooms. Complete Solar Package, fiber optic plus upgraded WIFI, Newer hot water heater, surround sound, 3 phase Pentair Pool Pump, mini split AC in the garage, newer vinyl fence, concrete dock on the lake, Mango Trees, and City Water and Sewer! ART STUDIO – TOOLS – OFFICE? A fully permitted 12-foot shed with electricity and AC makes for a great outbuilding with so many possibilities!!! Enjoy your private pool and sunbath waterside with a waterfront pool area, brick paver deck, privacy fence, and more. BOATERS – Arrowhead Lake gives you access to miles of canals and up to 7 additional lakes – go out exploring and fishing by boat or kayak! Metal roofs and solar panels are not just great for storms, it keeps the home cooler too! Imagine keeping your pool warm and home, garage, and shed cold and still not having a big electric bill! Or even getting paid. Located close to shopping, dining, events, Starbucks, Target, Publix, and the area’s top-rated restaurants. GOLFERS - Very close to Palmetto Pines Country Club and Coral Oaks. Near many of Cape Coral's newest developments and community projects like the Yacht Club, Bimini Square, The Cove, and Slipaway for even more fun things to enjoy!

Details

Property type

Single Family Residence

Est. home value

$545,790

Lot size

0.24 acres

Price per sq ft

$263

Year built

2005

Annual property taxes

$8,980.76

HOA

No

Price History

10/28/2024

FGCMLS #224083362

Listed
$579,000
+13.53%
04/05/2022

FGCMLS #222018200

Sold
$510,000
+37.84%
12/17/2020

FGCMLS #220057823

Sold
$370,000
+19.35%

Schools & Community

Elementary school: 

LEE COUNTY PUBLIC SCHOOLS

Middle school: 

LEE COUNTY PUBLIC SCHOOLS

High school: 

LEE COUNTY PUBLIC SCHOOLS

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

United States Small Business Admin

Loan start date

November 2022

Original loan amount

$49,000

Est. remaining balance

Not provided

Interest rate

6.29%

Loan type

SBA Participation Trust Deed, 30 year

Seller

Aisha Ali Reed and Rendell Douglas Reed

Lender

United States Small Business Admin

Loan start date

November 2022

Original loan amount

$49,000

Est. remaining balance

Not provided

Interest rate

6.29%

Loan type

SBA Participation Trust Deed, 30 year

Seller

Aisha Ali Reed and Rendell Douglas Reed

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: 11/08/2024 at 1:55 PM

Listing updated: 10/29/2024 at 4:08 AM

Listed by: Mike Darda, Compass Florida LLC Phone #: (239) 542-2822

MLS: FGCMLS #224083362

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