LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/10/2025 10:54 AM Current Working Values
SITE ADDRESS
1408 SW 48TH TER
OWNER'S NAME
CAPE CORAL RESIDENCE INC
OWNER'S ADDRESS
1113 SE 47TH TER STE 4
CAPE CORAL FL 33904
PROPERTY DESCRIPTION
CAPE CORAL UNIT 64
BLK 4513 PB 21 PG 95
LOTS 11 + 12

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
03-104.1
CAPE CORAL UNIT 64
BUILDING CHARACTERISTICS
ELEMENT CODE TYPE / DESCRIPTION / VALUE
STORIES 1.0
BEDROOMS 3
BATHROOMS 2.0
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 14 CARPET
INTERIOR FLOOR 11 CERAMIC CLAY TILE
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
1 STORY SCREEN ENCL 2010 1,238 13 161   16,305
BASE 1998 1,514 100 1,514   153,323
FINISHED GARAGE 1998 401 40 160   16,203
FINISHED OPEN PORCH 1998 187 20 37   3,747
UNFINISHED OPEN PORCH 2010 273 15 41   4,152
   
   
   
   
   
   
   
   
   
   
   
TOTALS 3,613 1,913 193,730
          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 0.00 0.00 80.00 0.00 1.00 L 1995 0.00 1.00 - *
2 PATIO B PATIO - BRICK AND TILE 10.00 20.00 200.00 12.65 1.00 B 1998 1.00 0.74 - 1,872
3 IRRGTN IRRIGATION SYSTEM LAWN 0.00 0.00 1.00 0.00 1.00 L 2003 5.00 0.60 - *
4 TIKI TIKI HUTS - TRUSS/RAFTER SYSTEM 10.00 10.00 100.00 14.08 1.00 L 2003 1.00 0.79 - 1,112
5 POOL R POOL - RESIDENTIAL 0.00 0.00 351.00 105.95 1.00 B 2010 2.00 0.72 - 26,776
6 PATIO B PATIO - BRICK AND TILE 0.00 0.00 887.00 12.65 1.00 B 2010 1.00 0.86 - 9,650
7 BOATLFT BOAT LIFT 0.00 0.00 1.00 10,000.00 1.00 L 2010 5.00 0.60 - 6,000
8 PIER R PIER - RESIDENTIAL 0.00 0.00 580.00 74.16 1.00 L 2010 5.00 0.60 - 25,808
9 HT PUMP A/C-POOL HEATERS 0.00 0.00 1.00 8,100.00 1.00 B 2010 5.00 0.60 - 4,860
10 JAZ B JACUZZI - TYPE B 0.00 0.00 1.00 13,000.00 1.00 B 2010 5.00 0.60 - 7,800
11 DISSAP DISAPPEARING EDGE 0.00 0.00 1.00 3,502.00 1.00 B 2010 2.00 0.72 - 2,521
TOTAL OF EXTRA FEATURE VALUES 86,399
                  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 R1 80 125 1.00 1.00 1 448,299.78 1.00 UT 1.00 - AVM
 
 
 
 
 
 
 
 
 
TOTAL OF LAND LINE VALUES 448,300
FOLIO ID: 10114794 STRAP: 15-45-23-C1-04513.0110
CARD 1 of 1
STRUCT
INDEX 		BASE
RATE 		EFF
BASE RATE 		EFF
AREA 		RCN REMAINING
WORTH 		COST
VALUE
0.96 137.00 131.52 1,913 251,598 77% 193,730
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
2010000219351 8/27/2010 01 01 I 250,000
2922/1676 2/17/1998 06 06 V 54,000
2000/2740 6/1/1988 06 06 V 37,000
1487/1984 1/1/1981 06 06 V 23,000
 
 
 
VALUE SUMMARY Current Values 2024
BUILDING COST VALUE 193,730 168,065
BUILDING EXTRA FEATURES 53,479 54,430
LAND EXTRA FEATURES 32,920 32,934
LAND VALUE 448,300 448,300
COST APPROACH VALUE 728,429 703,729
INCOME APPROACH VALUE * *
SALES APPROACH VALUE 728,429 564,673
MARKET VALUE 728,429 564,673
LEE COUNTY PROPERTY APPRAISER GENERATED ON 1/10/2025 10:54 AM Current Working Values
SITE ADDRESS
1408 SW 48TH TER
OWNER'S NAME
CAPE CORAL RESIDENCE INC
OWNER'S ADDRESS
1113 SE 47TH TER STE 4
CAPE CORAL FL 33904
PROPERTY DESCRIPTION
CAPE CORAL UNIT 64
BLK 4513 PB 21 PG 95
LOTS 11 + 12

DOR CODE 01 - SINGLE FAMILY RESIDENTIAL
NBHD CODE
03-104.1
CAPE CORAL UNIT 64
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
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: 10114794 STRAP: 15-45-23-C1-04513.0110
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