This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers significantly below market value!
Sold for $265,000
Street View
$265,000
1227 NE 40th St, Cape Coral, FL 33909
3beds
2baths
1,408sqft
SingleFamily
Built in 2006
10,018 Square Feet Lot
$248,000 Zestimate®
$188/sqft
$1,820 Estimated rent
Home value
$248,000
$221,000 - $280,000
$1,820/mo
Zestimate® history
Owner options
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$1,750/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced air
Cooling
- Central
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 1,408 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: 184324C3057130430
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Year built: 2006
Community & HOA
Location
- Region: Cape Coral
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $203,399
- Annual tax amount: $4,169
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2025 | Sold | $265,000+307.7%$188/sqft |
Source: Public Record Report a problem | ||
| 2/26/2010 | Sold | $65,000+12.3%$46/sqft |
Source: Public Record Report a problem | ||
| 1/30/2010 | Price change | $57,900-76.8%$41/sqft |
Source: foreclosure.com Report a problem | ||
| 1/23/2010 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 9/19/2006 | Sold | $250,000+317.4%$178/sqft |
Source: Public Record Report a problem | ||
| 2/9/2005 | Sold | $59,900$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,169 -8.7% | $203,399 -11.8% |
| 2024 | $4,567 +10.9% | $230,513 +10% |
| 2023 | $4,117 +17.8% | $209,557 +30.3% |
| 2022 | $3,495 +12.5% | $160,791 |
| 2021 | $3,105 +3% | -- |
| 2020 | $3,015 +4% | $136,471 +3.1% |
| 2019 | $2,900 | $132,424 -0.6% |
| 2018 | $2,900 +3.3% | $133,234 +3.8% |
| 2017 | $2,807 +4.6% | $128,396 +14.8% |
| 2016 | $2,684 +9.9% | $111,884 +14.2% |
| 2015 | $2,443 +8.4% | $98,007 +5.8% |
| 2014 | $2,255 +7.2% | $92,604 +15.9% |
| 2013 | $2,103 +28.3% | $79,895 +18.7% |
| 2012 | $1,639 +5.9% | $67,303 +9% |
| 2011 | $1,548 +83% | $61,757 +9.2% |
| 2010 | $846 -12.9% | $56,553 -21.9% |
| 2009 | $972 -45.1% | $72,370 -42.9% |
| 2008 | $1,769 -37.8% | $126,780 -26.7% |
| 2007 | $2,842 +113.5% | $173,040 +147.2% |
| 2006 | $1,332 +359.5% | $70,000 +500.9% |
| 2004 | $290 +126.3% | $11,650 +180% |
| 2003 | $128 +98.5% | $4,160 +195% |
| 2002 | $65 | $1,410 +23.7% |
| 2000 | -- | $1,140 |
Find assessor info on the county website
Neighborhood: 33909
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- $59,90010,628.64 Square Feet1226 NE 40th St, Cape Coral, FL 33909Lot/Land
Nearby schools
GreatSchools rating
- 5/10Dr Carrie D Robinson Littleton Elementary SchoolGrades: PK-5Distance: 3.1 mi
- 5/10Diplomat Middle SchoolGrades: 6-8Distance: 3.2 mi
- 2/10Island Coast High SchoolGrades: 9-12Distance: 1 mi
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$248,000
2% more
+$4,960
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$252,960
- Florida
- Lee County
- Cape Coral
- 33909
- 1227 NE 40th St
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