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627 40th Ter

Cape Coral, FL 33914

3 bd 2 ba 1,827 sqft Built 1999 Lot 10,019 sqft single_family
Most recent sale
$490,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $490,000 MLS #222023725
Apr 21, 2022 Price changed $560,000 MLS #222023725
Apr 1, 2022 Listed $575,000 MLS #222023725
Mar 28, 2022 Listing removed $599,900 BonitaSprings
Mar 27, 2022 Listed $599,900 MLS #222022918
Mar 5, 2009 Listing removed $439,000 FLGulfCoastMLS
Dec 15, 2005 Listed $439,000 MLS #200538550

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $222,712 $143,735 $366,447 $5,998
2024 $222,712 $143,735 $366,447 $7,041
2023 $336,217 $94,664 $430,881 $6,909
2020 $157,273 $2,652
2019 $153,737 $2,577
2018 $150,870 $2,560
2017 $147,767 $2,542
2016 $144,728 $2,474
2015 $137,697 $37,600 $175,297 $2,482
2014 $188,494 $2,456
2013 $165,193 $2,320
2012 $149,486 $2,186
2011 $147,408 $2,233
2010 $132,121 $2,147
2009 $134,590 $2,249
2008 $150,430 $2,174
2007 $146,050 $2,374

Property facts

Year built
1999
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,827 sqft
Lot size
10,019 sqft
ZIP code
33914
City
Cape Coral
Street
40th Ter
Coordinates
26.57725, -81.98870

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,380
Gross rental yield
8.28%
Implied cap rate
5.38%
Trend-extrapolated value

Frequently asked questions

When did 627 40th Ter last sell?
627 40th Ter most recently sold on May 26, 2022 for $490,000.
What is the current tax assessment for 627 40th Ter?
The most recent total assessment for 627 40th Ter (year 2025) is $366,447 with $5,998 in property tax.
How does 627 40th Ter's assessment compare to its last sale price?
The current assessment is 25.2% below the last sale price of $490,000.
When was 627 40th Ter built?
627 40th Ter was built in 1999.
How does 627 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 627 40th Ter?
627 40th Ter is a 3 bed, 2 bath, 1,827 sqft, 10,019 sqft lot single_family.
Is 627 40th Ter a flip candidate?
No — 627 40th Ter does not appear in our flips dataset.
Is 627 40th Ter a tax-appeal candidate?
No — 627 40th Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.9%
2026 Q3
$637.3K
2026 Q4
$644.5K
ZIP 33914 — Median Price History + Forecast

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