NOT LISTED FOR SALE

1182 Old Bridge Rd North Fort Myers, FL 33917

Estimated Value: $268,000 - $313,000

6 Beds
4 Baths
2,080 Sq Ft
$140/Sq Ft Est. Value

Last Sold August 02, 2016

Last sale price $115,000 $55 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,700/month

228 Days on Market

Highlights

  • Traditional Architecture
  • Oversized Lot
  • Central Heating and Cooling System
  • North Fort Myers High School Rated A
  • Patio
  • Wood Siding

About This Home

As of August 2016

This Duplex has the potential for great income property! Two - 3 bedroom apartments with Kitchen, Living Room, 1 and Half Baths (Jack n Jill), utility room on back porch of each side with washer/dryer hookups. This Duplex is on city water and septic. Needs updating of bathrooms and kitchens. Each Unit has rear porch with sliding glass doors. Priced to sell quickly! You won't find a duplex as large at such a great price! Tucked back in the Old Bridge Section of North Fort Myers. Needs work and TLC. Seller's Disclosure available. Bring all reasonable offers. Roof was redone in 2001.

Last Agent to Sell the Property

Sheila Sweeney

Private Reserve Realty License #258023027 Listed on: 11/17/2015

Last Buyer's Agent

Sheila Sweeney

Private Reserve Realty License #258023027 Listed on: 11/17/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1983

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 120 x 100 x 120 x 100
  • Property fronts a private road
  • Dirt Road
  • Street terminates at a dead end
  • Oversized Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 2 / 5
  • Assessor Parcel Number 01-44-24-00-00005.0020

Community Details

Overview

  • 2 Units
  • Tamiami Estates Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $1,300
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,301

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.27
  • Lot Size: 120 x 100 x 120 x 100
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Subdivision Name: TAMIAMI ESTATES
  • Directions: Turn right onto Old Bridge Road from Bay Shore about a mile down on the left tucked back off of Old Bridge on left, look for bank of mail boxes.
  • Architectural Style: Ranch, One Story, Traditional, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1983
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Dead End, Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 01-44-24-00-00005.0020
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 14000.0
  • Annual Operating Expense: 1300.0

Tax Info

  • Tax Annual Amount: 1301.0
  • Tax Block: 5
  • Tax Lot: 2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Jul 29, 2016
Sold by
Berneice W Robie Revocable Trust
Bought by
Adams Andrew D
Seller's Agent
Sheila Sweeney
Private Reserve Realty
Buyer's Agent
Sheila Sweeney
Private Reserve Realty
List Price
$127,900
Sold Price
$115,000
Premium/Discount to List
-$12,900
-10.09%
Current Estimated Value
$291,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,000
Avg. Annual Appreciation
10.57%

Purchase Details

Closed on
Feb 22, 2001
Sold by
1St Union Natl Bk
Bought by
Robie Berneice W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.06%
Mortgage Type
Commercial
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
Adams Andrew D $115,000 Attorney
Robie Berneice W $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robie Berneice W $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2016 08/02/16 Sold $115,000 -10.1% $55 / Sq Ft
07/03/2016 07/03/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $127,900 -- $61 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $2,031 $138,702 -- --
2024 $1,955 $134,793 -- --
2023 $1,955 $130,867 $15,334 $115,533
2022 $3,004 $188,668 $9,000 $179,668
2021 $2,712 $143,662 $9,000 $134,662
2020 $2,586 $134,052 $9,000 $125,052
2019 $2,414 $125,967 $9,000 $116,967
2018 $2,287 $117,096 $9,000 $108,096
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215065177

Florida Gulf Coast Multiple Listing Service

APN: 01-44-24-00-00005.0020