NOT LISTED FOR SALE

Estimated Value: $280,000 - $386,000

4 Beds
5 Baths
-- Sq Ft
0.49 Acres

Last Sold July 28, 2017

Last sale price $166,900

Est. 106% increase in value since last sale

Current estimated payment $2,231/month

48 Days on Market

About This Home

As of July 2017

Fixer upper handyman special. Unique Multi family property with lots of potential for higher rents. Excellent up and coming location just a short walk to Riverside Park, shops and restaurants. Short drive to the sandy gulf beaches. This property is selling in "as is" condition to a cash buyer only. There is wood rot at the house and repairs are needed so a loan would not be possible. The single family home is on a month to month at $950 per month. Notice is needed to show the home. The other tan duplex building is vacant for easy showing and so that the buyer can fix and rent at a higher price. It would rent today if desired. There is only 1 water meter for the whole property and a sewer assessment that the buyer is to assume. It has an approximate balance of $6,800 and is payable monthly at $76 per month. The 1 bedroom and efficiency have only 1 electric meter so owner has paid all utilities for that building in the past. The tenant in house pays their own electric.

Last Agent to Sell the Property

Vickee Douglas

Downing-Frye Realty Inc License #BEAR-518459 Listed on: 05/25/2017

Downing-Frye Realty Inc

Last Buyer's Agent

Allen Wasko

Bay Vision Realty License #FORT-258015846

Property Details

Home Type

  • Multi-Family

Year Built

  • 1956

Lot Details

  • 0.49

Home Design

  • Triplex

Listing and Financial Details

  • Tenant pays for credit application

Community Details

Overview

  • 2 Buildings
  • Bonita Springs Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,725
  • Net Operating Income $18,675

Property Details

Home Type

Multi-Family

Year Built

1956

Lot Details

0

Listing Details

  • Legal Description: HEITMANS BONITA SPRINGS BLK.35 PB 6 PG 24 LOTS 1 + 2+ S 70 FT LT 3
  • Street View Param: 1$26.337797$-81.78421700000001$123.23$13.33$1.00$CMix5DwMEw_ZK7NvbHfIpQ
  • Building Design: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1956

Interior Features

  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Fence
  • Exterior Finish: Vinyl Siding
  • Private Pool: Below Ground
  • Road: Paved Road
  • Windows: Single Hung

Utilities

  • Sewer: Assessment Unpaid, Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: BBQ - Picnic, Community Pool, Play Area
  • Community Type: Non-Gated
  • Sub Condo Name: BONITA SPRINGS

Association/Amenities

  • Units in Building: 3
  • Pets: No Approval Needed
  • Development: Bonita Springs

Lot Info

  • Lot Description: Irregular Shape, Oversize
  • Lot Dimensions: 170 X 140 X 140 X 160
  • Lot Back: 140
  • Lot Frontage: 170
  • Lot Left: 140
  • Lot Right: 160
  • Lot Unit: 1
  • Section: 35
  • Zoning Code: multi family

Rental Info

  • Tenant Pays: Credit Application

Tax Info

  • Tax Description: No Homestead

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 29400.00
  • Annual Expenses: 10725.00
  • Annual Net Operating Income: 18675.00
  • Total Buildings: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $166,900 -14.4% --
07/12/2017 07/12/17 Pending -- -- --
07/08/2017 07/08/17 For Sale $195,000 0.0% --
06/28/2017 06/28/17 Pending -- -- --
06/23/2017 06/23/17 Price Changed $195,000 0.0% --
06/23/2017 06/23/17 For Sale $195,000 -7.1% --
06/17/2017 06/17/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $210,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $88,848 -- --
2023 -- $80,771 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 217035945

Multiple Listing Service of Bonita Springs-Estero

APN: 35-47-25-B4-00235.001A