NOT LISTED FOR SALE

Estimated Value: $494,000 - $575,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold April 16, 2024

Last sale price $610,000

Est. 11% decrease in value since last sale

Current estimated payment $3,144/month

38 Days on Market

Highlights

  • High Impact Windows
  • Concrete Block With Brick
  • Tile Flooring
  • Naples High School Rated A-
  • Patio
  • Central Heating and Cooling System

About This Home

As of April 2024

RENOVATED INVESTORS DREAM! Rarely Available Duplex in Sunny Acres, close to downtown Naples, Shopping, and the World famous beaches. The area is a hotspot for rentals! These two-bedroom, two-bathroom units are currently tenant-occupied with annual leases. The owner completed a complete renovation of the interior in the past year and a half. A large oversized backyard can be utilized for various activities for the tenant's pleasure or to build another structure - this lot is zoned for 6 units.

Last Agent to Sell the Property

Maddie Tracy

Compass Florida LLC Listed on: 01/19/2024

Compass Florida LLC

Last Buyer's Agent

Terry Bonich Veitia

Mato Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,075

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions: 61
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • Ceiling Fan
  • Tile Flooring
  • High Impact Windows

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for application fee, cable, credit application, full electric, internet access, water
  • Assessor Parcel Number 75560160004

Community Details

Overview

  • 2 Units
  • Sunrise Villas Condos
  • Sunrise Villas Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,075

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Legal Description: SUNRISE VILLAS LOT 4 OR 428 PG 116
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.142996$-81.761945$117.95$13.33$1.00$WqNWBjq_b_5ZCgbawjIJvg
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: Paved Road
  • Exterior Features: Fence, Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Sunrise Villas
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: SUNRISE VILLAS
  • Development Name: SUNRISE VILLAS

Lot Info

  • Section: 1
  • Waterfront: No
  • Zoning Code: RMF6
  • Acres: 0.1900
  • Lot Description: Regular
  • Lot Dimensions: 61 X 134
  • Parcel Number: 75560160004

Rental Info

  • Tenant Pays: Application Fee, Cable, Credit Application, Full Electric, Internet Access, Water

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 3075.09
  • Tax Year: 2023

Multi Family

  • Gross Rental Income: 48000.00
  • Annual Net Operating Income: 48000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Apr 15, 2024
Sold by
Adhikari Prabha and Baker Branden
Bought by
V & F Naples Llc
Seller's Agent
Maddie Tracy
Compass Florida LLC
Buyer's Agent
Terry Bonich Veitia
Mato Realty, LLC
List Price
$620,000
Sold Price
$610,000
Premium/Discount to List
-$10,000
-1.61%
Views
21
Current Estimated Value
$545,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,618
Avg. Annual Appreciation
-6.20%

Purchase Details

Listed on
Jun 22, 2021
Closed on
Aug 6, 2021
Sold by
Hertzman David
Bought by
Adhikari Prabha and Baker Branden
Seller's Agent
Trevor Ekovich
Buyer's Agent
Louis Gallo
MVP Realty Associates LLC
List Price
$349,900
Sold Price
$338,000
Premium/Discount to List
-$11,900
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.44%
Original Mortgage
$236,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2017
Sold by
Katz Neil
Bought by
Hertzman David
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
V & F Naples Llc $610,000 Omega National Title
Adhikari Prabha $338,000 Attorney
Hertzman David $173,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adhikari Prabha $236,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2024 04/16/24 Sold $610,000 -1.6% --
02/26/2024 02/26/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $620,000 0.0% --
01/24/2024 01/24/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $620,000 +83.4% --
08/06/2021 08/06/21 Sold $338,000 -3.4% -- View Prior Sale
07/07/2021 07/07/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $349,900 -- --
Source: Naples Area Board of REALTORS®

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 $3,499 $380,823 $231,304 $149,519
2024 $3,075 $274,848 -- --
2023 $3,075 $249,862 $156,816 $93,046
2022 $3,023 $233,654 $156,816 $76,838
2021 $3,500 $251,096 $0 $0
2020 $3,222 $228,269 $0 $0
2019 $2,991 $207,517 $0 $0
2018 $2,572 $188,652 $101,664 $86,988
2017 $1,959 $118,285 $0 $0
2016 $1,719 $107,532 $0 $0
2015 $1,705 $97,756 $0 $0
2014 $1,439 $88,869 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224006673

Naples Area Board of REALTORS®

APN: 75560160004