1243 40th Ter
Cape Coral, FL 33909
3 bd 2 ba 1,400 sqft Built 2022 Lot 10,019 sqft single_family
Most recent sale
$335,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 7, 2022 | Sold | $335,000 | MLS #222040975 |
| May 27, 2022 | Listing removed | $299,900 | BonitaSprings |
| May 27, 2022 | Listed | $335,000 | MLS #222040975 |
| Dec 13, 2021 | Listed | $299,900 | MLS #221084862 |
| Dec 17, 2020 | Sold | $9,500 | MLS #220072954 |
| Nov 13, 2020 | Listed | $9,500 | MLS #220072954 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $197,518 | $34,723 | $232,241 | $3,981 |
| 2024 | $197,518 | $34,723 | $232,241 | $3,794 |
| 2023 | $209,950 | $11,398 | $221,348 | $3,662 |
| 2021 | — | $7,200 | $7,200 | $398 |
| 2020 | — | $6,500 | $6,500 | $445 |
| 2019 | — | — | $7,016 | $436 |
| 2018 | — | — | $6,378 | $432 |
| 2017 | — | $10,417 | $10,417 | $415 |
| 2016 | — | $10,500 | $10,500 | $390 |
| 2015 | — | $6,800 | $6,800 | $336 |
| 2014 | — | — | $6,016 | $274 |
| 2013 | — | — | $4,200 | $195 |
| 2012 | — | — | $3,600 | $177 |
| 2011 | — | — | $4,800 | $202 |
| 2010 | — | — | $6,500 | $245 |
| 2009 | — | — | $7,800 | $274 |
| 2008 | — | — | $13,000 | $291 |
| 2007 | — | — | $35,000 | $674 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
10,019 sqft
ZIP code
33909
City
Cape Coral
Street
40th Ter
Coordinates
26.73305, -81.94496
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,590
Gross rental yield
9.28%
Implied cap rate
6.03%
Trend-extrapolated value
—
Frequently asked questions
When did 1243 40th Ter last sell?
1243 40th Ter most recently sold on Jul 7, 2022 for $335,000.
What is the current tax assessment for 1243 40th Ter?
The most recent total assessment for 1243 40th Ter (year 2025) is $232,241 with $3,981 in property tax.
How does 1243 40th Ter's assessment compare to its last sale price?
The current assessment is 30.7% below the last sale price of $335,000.
When was 1243 40th Ter built?
1243 40th Ter was built in 2022.
How does 1243 40th Ter compare to others on 40th Ter?
We track 8 other properties on 40th Ter. Browse the list under "Other properties on 40th Ter" to compare beds, baths, and sale history.
What are the property facts for 1243 40th Ter?
1243 40th Ter is a 3 bed, 2 bath, 1,400 sqft, 10,019 sqft lot single_family.
Is 1243 40th Ter a flip candidate?
No — 1243 40th Ter does not appear in our flips dataset.
Is 1243 40th Ter a tax-appeal candidate?
No — 1243 40th 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
Explore nearby
Geography
Other properties on 40th Ter