NOT LISTED FOR SALE

Estimated Value: $552,000 - $711,000

5 Beds
4 Baths
-- Sq Ft
0.26 Acres

Last Sold June 11, 2021

Last sale price $527,000

Est. 25% increase in value since last sale

Current estimated payment $3,919/month

31 Days on Market

Highlights

  • Deck
  • Concrete Block With Brick
  • Tile Flooring
  • Veterans Memorial Elementary School Rated A
  • Patio
  • Central Heating and Cooling System

About This Home

As of June 2021

This updated duplex (3/2 and 2/2) is investor ready with newly renewed 12mo leases. Unit 115 rents for $1,800, Unit 117 rents for $1,600.
Located in a prime location in North Naples-- 10 minutes from the beach, 10 minutes from Mercato.
New HVACs, new flooring, newer water heater, upgraded kitchen and bathrooms (granite counter tops), fenced in yard, zero association fees.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC Listed on: 05/03/2021

Last Buyer's Agent

Ornela Rroboci

Royal Shell Real Estate, Inc.

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 1971

Lot Details

  • 0.26

Home Design

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Tile Flooring
  • 0.26 Acre Lot

Listing and Financial Details

  • Tenant pays for full electric, water
  • Assessor Parcel Number 65370160000
  • Tax Block A

Community Details

Overview

  • 2 Units
  • Palm River Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,045

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Legal Description: PALM RIVER EST UNIT 4 BLK A LOT 4
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.274027$-81.775904$87.40$13.33$1.00$bFi6OKYPXsUdiPWxOPZaAg
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 5
  • Flooring: Tile

Exterior Features

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric

Association/Amenities

  • Pets: With Approval
  • Development: Palm River
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: PALM RIVER

Lot Info

  • Section: 23
  • Waterfront: No
  • Zoning Code: RES
  • Acres: 0.2600
  • Lot Description: Regular
  • Parcel Number: 65370160000

Rental Info

  • Tenant Pays: Full Electric, Water

Tax Info

  • Taxes: 4045.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 11, 2021
Sold by
Camacho Maureen and Pair Nicholas
Bought by
Roboci Llc
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Ornela Rroboci
Royal Shell Real Estate, Inc.
List Price
$525,000
Sold Price
$527,000
Premium/Discount to List
$2,000
0.38%
Current Estimated Value
$657,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,473
Avg. Annual Appreciation
4.89%

Purchase Details

Closed on
Aug 30, 2016
Sold by
Property Alpha Llc
Bought by
Camacho Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2016
Sold by
Desoto Holdings Inc
Bought by
Property Alpha Llc

Purchase Details

Closed on
Feb 12, 2016
Sold by
Psathas Francis Allen and Psathas Debra
Bought by
Desoto Holdings Inc
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
Roboci Llc $527,000 Accommodation
Camacho Maureen $380,000 None Available
Property Alpha Llc $245,000 Entitled Llc
Desoto Holdings Inc $200,000 Entitled Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Camacho Maureen $373,117
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $527,000 +0.4% --
06/04/2021 06/04/21 For Sale $525,000 0.0% --
06/03/2021 06/03/21 Pending -- -- --
05/09/2021 05/09/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $525,000 -- --
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 $6,059 $559,917 -- --
2024 $6,191 $509,015 -- --
2023 $6,191 $462,741 $0 $0
2022 $4,912 $420,674 $247,748 $172,926
2021 $4,064 $365,758 $0 $0
2020 $4,045 $357,934 $0 $0
2019 $3,733 $337,246 $160,704 $176,542
2018 $4,561 $375,007 $138,942 $236,065
2017 $4,479 $365,351 $140,616 $224,735
2016 $3,071 $216,022 $0 $0
2015 $2,820 $196,384 $0 $0
2014 $2,482 $178,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221033183

Naples Area Board of REALTORS®

APN: 65370160000