LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/30/2024 1:44 AM Current Working Values
SITE ADDRESS
1407 SW 40TH TER
OWNER'S NAME
MERRILL RICHARD L/E
OWNER'S ADDRESS
1407 SW 40TH TER
CAPE CORAL FL 33914
PROPERTY DESCRIPTION
CAPE CORAL UNIT 65
BLK 3350 PB 21 PG 161
LOTS 22 + 23

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
03-116.1
CAPE CORAL UNIT 65 NORTH OF SW 44TH ST
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 3
BATHROOMS 2.5
EXTERIOR WALL 17 CB STUCCO
EXTERIOR WALL 0 NONE
ROOF STRUCTURE 8 IRREGULAR
ROOF COVER 7 CONCRETE TILE
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 4.0000 ABOVE AVERAGE
CEILING HEIGHT CLGHT CEILING HEIGHT 11-13'
BUILDING SUBAREA DETAIL
AREA TYPE YEAR BUILT GROSS AREA PCT BASE ADJ AREA CAP COST
1 STORY SCREEN ENCL 2019 1,208 13 157   21,646
BASE 2019 2,603 100 2,603   358,889
FINISHED GARAGE 2019 739 40 296   40,811
FINISHED OPEN PORCH 2019 701 20 141   19,440
FINISHED UTILITY 2019 54 40 22   3,033
JACUZZI 2019 63 0 0   *
POOL PATIO 2019 748 0 0   *
POOL RESIDENTIAL 2019 397 0 0   *
   
   
   
   
   
   
   
   
TOTALS 6,513 3,219 443,820
          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 SEAW C SEAWALL - CONCRETE 80.00 1.00 80.00 0.00 1.00 L 2018 0.00 1.00 - *
2 XAC XTRA/ADDITIONAL A/C UNITS 0.00 0.00 1.00 8,000.00 1.00 B 2019 5.00 0.80 - 6,400
3 POOL R POOL - RESIDENTIAL 0.00 0.00 397.00 105.95 1.00 B 2019 2.00 0.92 - 38,697
4 PATIO B PATIO - BRICK AND TILE 0.00 0.00 748.00 12.65 1.00 B 2019 1.00 0.96 - 9,084
5 JAZ C JACUZZI - TYPE C 0.00 0.00 1.00 17,000.00 1.00 B 2019 5.00 0.80 - 13,600
6 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2019 5.00 0.80 - *
7 HT PUMP A/C-POOL HEATERS 0.00 0.00 1.00 8,100.00 1.00 B 2019 5.00 0.80 - 6,480
8 OSH OUTDOOR SHOWER 0.00 0.00 1.00 0.00 1.00 B 2019 2.00 0.92 - *
9 FNC AL4 FENCE - ALUM/VINYL - 4 FEET 59.00 1.00 59.00 45.00 1.00 L 2021 2.00 0.96 - 2,549
 
 
TOTAL OF EXTRA FEATURE VALUES 76,810
                  L A N D
LINE CODE DESCRIPTION ZONING FRONT DEPTH DF CF TYPE UNIT PRICE UNITS UT TOTAL ADJ CAP EVAL NOTES
1 131 SFR CANAL RD-W 80 125 1.00 1.00 1 219,799.89 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 219,800
FOLIO ID: 10105898 STRAP: 10-45-23-C1-03350.0220
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
1.13 127.10 143.62 3,219 462,313 96% 443,820
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
2021000002616 12/30/2020 01 01 I 840,000
2017000080237 3/31/2017 01 01 V 90,000
4042/483 8/8/2003 06 06 V 105,500
3184/3711 11/1/1999 06 06 V 16,900
2089/584 8/1/1989 06 06 V 24,000
2089/841 7/1/1989 01 01 V 18,800
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 443,820 443,820
BUILDING EXTRA FEATURES 74,261 74,261
LAND EXTRA FEATURES 2,549 2,549
LAND VALUE 219,800 219,800
COST APPROACH VALUE 740,430 740,430
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 782,081 944,157
MARKET VALUE 782,081 944,157
LEE COUNTY PROPERTY APPRAISER GENERATED ON 11/30/2024 1:44 AM Current Working Values
SITE ADDRESS
1407 SW 40TH TER
OWNER'S NAME
MERRILL RICHARD L/E
OWNER'S ADDRESS
1407 SW 40TH TER
CAPE CORAL FL 33914
PROPERTY DESCRIPTION
CAPE CORAL UNIT 65
BLK 3350 PB 21 PG 161
LOTS 22 + 23

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
03-116.1
CAPE CORAL UNIT 65 NORTH OF SW 44TH ST
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 SHOWER XSH 1.00
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: 10105898 STRAP: 10-45-23-C1-03350.0220
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
ADDITIONAL FLOORS CARD 1 of 1 FOLIO:10105898 PARCEL NO: 10-45-23-C1-03350.0220
FLOOR 0
Floor plan
FLOOR 1
Floor plan