507 31st Ter
Cape Coral, FL 33909
3 bd 2 ba 1,400 sqft Built 2024 Lot 14,985 sqft single_family
Most recent sale
$48,900
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 5, 2024 | Sold | $322,490 | FLGulfCoastMLS |
| Dec 13, 2023 | Sold | $35,000 | FLGulfCoastMLS |
| Jun 20, 2023 | Price changed | $60,000 | FLGulfCoastMLS |
| Jul 26, 2022 | Listed | $65,000 | MLS #222056364 |
| May 27, 2022 | Sold | $48,900 | MLS #222033891 |
| May 5, 2022 | Listed | $48,900 | MLS #222033891 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $204,700 | $45,139 | $249,839 | $4,318 |
| 2024 | $204,700 | $45,139 | $249,839 | $1,135 |
| 2023 | — | $35,030 | $35,030 | $1,101 |
| 2020 | — | $8,800 | $8,800 | $570 |
| 2019 | — | $11,000 | $11,000 | $582 |
| 2018 | — | $11,000 | $11,000 | $583 |
| 2017 | — | $11,386 | $11,386 | $559 |
| 2016 | — | $8,100 | $8,100 | $435 |
| 2015 | — | $7,100 | $7,100 | $393 |
| 2014 | — | — | $6,100 | $328 |
| 2013 | — | — | $5,100 | $254 |
| 2012 | — | — | $3,700 | $228 |
| 2011 | — | — | $5,500 | $263 |
| 2010 | — | — | $7,400 | $314 |
| 2009 | — | — | $9,000 | $351 |
| 2008 | — | — | $17,000 | $389 |
Property facts
Year built
2024
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
14,985 sqft
ZIP code
33909
City
Cape Coral
Street
31st Ter
Coordinates
26.71101, -81.96250
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$293
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 507 31st Ter last sell?
507 31st Ter most recently sold on May 27, 2022 for $48,900.
What is the current tax assessment for 507 31st Ter?
The most recent total assessment for 507 31st Ter (year 2025) is $249,839 with $4,318 in property tax.
How does 507 31st Ter's assessment compare to its last sale price?
The current assessment is 410.9% above the last sale price of $48,900.
When was 507 31st Ter built?
507 31st Ter was built in 2024.
How does 507 31st Ter compare to others on 31st Ter?
We track 8 other properties on 31st Ter. Browse the list under "Other properties on 31st Ter" to compare beds, baths, and sale history.
What are the property facts for 507 31st Ter?
507 31st Ter is a 3 bed, 2 bath, 1,400 sqft, 14,985 sqft lot single_family.
Is 507 31st Ter a flip candidate?
Yes — 507 31st Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 31st Ter a tax-appeal candidate?
No — 507 31st Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.9%
Implied 1-yr
-15.4%
2026 Q3
$190.3K
2026 Q4
$180.5K
ZIP 33909 — Median Price History + Forecast
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Geography
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