NOT LISTED FOR SALE

Estimated Value: $1,429,000 - $1,796,000

3 Beds
2 Baths
1,608 Sq Ft
$1,004/Sq Ft Est. Value

Last Sold May 01, 2014

Last sale price $800,000 $498 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $9,952/month

205 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Two Homes on a Lot
  • Naples Bayside Academy Rated A
  • No HOA
  • Built-In Features

About This Home

As of May 2014

Charming Spanish style Duplex on a rare-to-find lot and a half. The front bungalow has an inviting porch with an enchanting garden. The living room is spacious with an oversized window, mock fireplace and beautiful hard wood floors. Separate dining room with original chandelier. The kitchen has been well cared for with asphalt tile, dishwasher, refurbished 1954 O'keefe & Merritt stove and breakfast nook with original built-ins. One bath and two bedrooms, one with a walk in closet. The coved ceiling and arched doorways make this home delightful. Back unit has 1 bedroom and 1 bathroom, kitchen, and a it's own cozy front porch. Enter the charming backyard through the one of a kind custom built gate. Saltillo terra cotta tiles, pond and water fountain make this a perfect place to call home. There are two separate addresses for this APN #108 & 110 Nieto. The front unit is 108 Nieto and is approx. 1056 sq. ft. and the back unit 110 Nieto is approx. 552 sq. ft.

Last Agent to Sell the Property

Patricia Spiller

Lawyer's Realty Company License #01807775 Listed on: 08/30/2013

Last Buyer's Agent

DAVID BRIGHTON

RE/MAX MASTERS REALTY License #00544416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,575

Year Built

  • Built in 1924

Lot Details

  • 3,363 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Blinds
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 3750
  • Assessor Parcel Number 7247014011

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $5,330
  • Gross Income $3,650
  • Net Operating Income $40,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,575

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Belmont Shore (BSD)
  • View: No
  • Water Sewer Expenses: 50.00
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 7247014011
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 497.51
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
  • Window Features: Blinds

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Outside
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3363.00
  • Lot Size Acres: 0.0770

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 552
  • Average2 Bed Area: 1056
  • Gross Income: 3650.00
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 3363.0000 Square Feet
  • Net Operating Income: 40400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 9000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5330.00
  • Tax Lot: 12
  • Tax Tract Number: 3750
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
Ward David Gary
Bought by
Cmw Co Profit Sharing Plan And Trust and Ward
Current Estimated Value
$1,615,058

Purchase Details

Closed on
Aug 28, 2023
Sold by
Cmw Co Profit Sharing Plan And Trust
Bought by
Kramer Stacy

Purchase Details

Listed on
Aug 30, 2013
Closed on
Apr 8, 2014
Sold by
Pisano Michele
Bought by
Cmw Co Profit Sharing Plan & Trust
Seller's Agent
Patricia Spiller
Lawyer's Realty Company
Buyer's Agent
DAVID BRIGHTON
RE/MAX MASTERS REALTY
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.28%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Cutuli S Leonard and Cutuli Diana C
Bought by
Pisano Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,900
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kramer Stacy $1,300,000 Fidelity National Title
Cmw Co Profit Sharing Plan & Trust $800,000 Fidelity National Title
Pisano Michele $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pisano Michele $325,000
Previous Owner Pisano Michele $275,000
Previous Owner Pisano Michele $244,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2014 05/01/14 Sold $800,000 -11.0% $498 / Sq Ft
03/23/2014 03/23/14 Pending -- -- --
08/30/2013 08/30/13 For Sale $899,000 -- $559 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $16,575 $1,326,000 $861,900 $464,100
2024 $16,575 $1,300,000 $845,000 $455,000
2023 $12,170 $942,601 $648,040 $294,561
2022 $11,418 $924,120 $635,334 $288,786
2021 $11,198 $906,001 $622,877 $283,124
2020 $11,169 $896,712 $616,491 $280,221
2019 $11,038 $879,130 $604,403 $274,727
2018 $10,735 $861,893 $592,552 $269,341
2016 $9,878 $828,427 $569,544 $258,883
2015 $9,475 $815,984 $560,989 $254,995
2014 $5,412 $455,883 $372,527 $83,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13176767

California Regional Multiple Listing Service (CRMLS)

APN: 7247-014-011