LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/14/2025 3:55 AM Current Working Values
SITE ADDRESS
3941 NW 40TH TER
OWNER'S NAME
VELOZ PROPERTIES INC
OWNER'S ADDRESS
8051 NW 67TH ST
MIAMI FL 33166
PROPERTY DESCRIPTION
CAPE CORAL UNIT 91
BLK 5493 PB 24 PG 92
LOTS 13 + 14

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-106.0
CAPE CORAL UNIT 91
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 4
BATHROOMS 3.0
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 3 ASPHALT OR COMPOSITION
INTERIOR WALL 5 DRYWALL
INTERIOR WALL 0 NONE
INTERIOR FLOOR 11 CERAMIC CLAY TILE
INTERIOR FLOOR 0 NONE
HEATING FUEL 4 ELECTRIC
HEATING TYPE 4 FORCED AIR-DUCTED
AC TYPE 3 CENTRAL
QUALITY 3.0000 AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 8-10'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
BASE 2023 1,828 100 1,828   247,932
FINISHED GARAGE 2023 489 40 196   26,583
FINISHED OPEN PORCH 2023 315 20 63   8,545
   
   
   
   
   
   
   
   
   
   
   
   
   
TOTALS 2,632 2,087 283,060
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
1 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2023 5.00 0.95 - *
 
 
 
 
 
 
 
 
 
 
TOTAL OF EXTRA FEATURE VALUES 0
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 100 SFR R1 100 125 1.00 1.00 0 31,892.21 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 29,716
FOLIO ID: 10027062 STRAP: 18-43-23-C4-05493.0130
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.00 137.00 137.00 2,087 285,919 99% 283,060
IMP TYPE 102 - Ranch MODEL 1 - SINGLE FAMILY RESIDENTIAL
FLOOR 1
Floor plan
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
2022000022816 1/21/2022 01 01 V 32,000
2021000312305 9/22/2021 01 01 V 12,700
3840/312 1/31/2003 08 08 V 44,500
3261/4222 5/15/2000 04 04 V 4,292,500
3261/4135 4/19/2000 04 04 V 2,640,000
3141/497 6/30/1999 04 04 V 4,685,000
2356/2183 9/1/1992 01 01 V 1,000
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 283,060 262,605
BUILDING EXTRA FEATURES * *
LAND EXTRA FEATURES * *
LAND VALUE 29,716 29,716
COST APPROACH VALUE 312,776 292,321
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 291,432 338,423
MARKET VALUE 291,432 338,423
LEE COUNTY PROPERTY APPRAISER GENERATED ON 6/14/2025 3:55 AM Current Working Values
SITE ADDRESS
3941 NW 40TH TER
OWNER'S NAME
VELOZ PROPERTIES INC
OWNER'S ADDRESS
8051 NW 67TH ST
MIAMI FL 33166
PROPERTY DESCRIPTION
CAPE CORAL UNIT 91
BLK 5493 PB 24 PG 92
LOTS 13 + 14

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
33-106.0
CAPE CORAL UNIT 91
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
CONDITION COND CONDITION AVERAGE
ELEVATION ELEV ELEVATION < 1'
FOUNDATION FNDTN FOUNDATION STEM WALL
FLOOR PLAN FLRPLN FLOOR PLAN SPLIT
DRIVEWAY DRIVE DRIVEWAY BRICK/TILE/BOM
LANDSCAPING LANDSC LANDSCAPING TYPICAL OF NBHD
TOPOGRAPHY TOPOG TOPOGRAPHY SITE FILLED
EXTRA SINK XSI 1.00
EXTRA SINK (WET BAR) XWB 1.00
TRAY CEILINGS TRAYS 2.00
HURRICANE SHUTTERS HSHUTT HURRICANE GLASS
LIVING UNITS LVGU 1.00
UNITS IN BUILDING UNITS 1.00
 
 
 
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
          E X T R A    F E A T U R E S
LINE CODE DESCRIPTION LENGTH WIDTH UNITS UNIT PRICE PCT COND L/B YEAR AMN DEPR DEPR ADJ CAP FLAG COST
 
 
 
 
 
 
 
 
 
 
 
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
FOLIO ID: 10027062 STRAP: 18-43-23-C4-05493.0130
CARD 1 of 1 (Continued)
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
BOOK/PAGE OR
INSTRUMENT 		DATE TYPE
INST 		OVR
CODE 		V
I 		SALE
PRICE
VALUE SUMMARY Current Values 2024