NOT LISTED FOR SALE

Estimated Value: $292,000 - $737,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold November 09, 2018

Last sale price $280,500

Est. 86% increase in value since last sale

Current estimated payment $3,119/month

89 Days on Market

Highlights

  • Concrete Block With Brick
  • Courtyard
  • Awning
  • Sea Gate Elementary School Rated A
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of November 2018

R.117 - Rarely available in area 15 - Great Investment Property with excellent rental potential * Two duplex properties available - a total of 4 units. Each property is priced at $375,000 and they must be sold together. This one is at 1124 Michigan Avenue and the adjoining one is 1136 Michigan Avenue. Fabulous in-town location just east of Park Shore and in walking or biking distance to the beach, Venetian Village, Waterside Shops and more. The property has lush tropical landscaping and a very large brick paver parking area in front.

Last Agent to Sell the Property

Sharon Worley

Luxury Relocation Services Inc License #NAPLES-249501762 Listed on: 08/01/2018

Luxury Relocation Services Inc

Last Buyer's Agent

Feibi Gouda

Platinum 1 Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,293

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 50
  • Sprinkler System

Home Design

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

Interior Spaces

  • 1-Story Property
  • Awning
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable
  • Assessor Parcel Number 22770640008
  • Tax Block C

Community Details

Overview

  • 2 Units
  • Bad Axe Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,293

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Legal Description: BAD AXE BLK C LOT 13
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.193165$-81.79657900000001$136.07$13.33$1.00$acTgQG_V6GG8NOgbT0ZQhw
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch, Duplex
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Concrete
  • Windows: Awning

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Courtyard, Sprinkler Auto
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Central

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: BAD AXE

Lot Info

  • Section: 22
  • Waterfront: No
  • Zoning Code: Res
  • Acres: 0.1500
  • Lot Description: Regular
  • Lot Dimensions: 50 X 136
  • Parcel Number: 22770640008

Rental Info

  • Tenant Pays: Cable

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 2292.60

Multi Family

  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Tawadros Mary B and Tawadros David
Bought by
Tawacasa Llc
Current Estimated Value
$521,500

Purchase Details

Listed on
Aug 1, 2018
Closed on
Nov 9, 2018
Sold by
Lieber Richard E and Hampton Delores
Bought by
Tawadros Mary B and Tawadros David
Seller's Agent
Sharon Worley
Luxury Relocation Services Inc
Buyer's Agent
Feibi Gouda
Platinum 1 Realty
List Price
$299,500
Sold Price
$280,500
Premium/Discount to List
-$19,000
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
Original Mortgage
$210,375
Interest Rate
4.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tawacasa Llc $221,900 Attorney
Tawadros Mary B $280,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tawadros Mary B $210,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2018 11/09/18 Sold $280,500 -6.3% --
10/29/2018 10/29/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $299,500 0.0% --
10/26/2018 10/26/18 For Sale $299,500 -20.1% --
09/23/2018 09/23/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $375,000 0.0% --
08/23/2018 08/23/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $375,000 -- --
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 $4,470 $380,310 $303,750 $76,560
2024 $4,469 $410,361 -- --
2023 $4,469 $373,055 $0 $0
2022 $4,010 $339,141 $259,875 $79,266
2021 $3,286 $259,520 $175,500 $84,020
2020 $3,039 $240,099 $153,600 $86,499
2019 $3,045 $239,701 $174,240 $65,461
2018 $2,445 $133,997 $0 $0
2017 $2,293 $121,815 $0 $0
2016 $1,991 $110,741 $0 $0
2015 $1,849 $100,674 $0 $0
2014 $1,553 $91,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218050935

Naples Area Board of REALTORS®

APN: 22770640008