NOT LISTED FOR SALE

Estimated Value: $221,000 - $261,882

5 Beds
4 Baths
1,348 Sq Ft
$177/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $145,000 $108 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,451/month

Highlights

  • 1.16 Acre Lot
  • Room in yard for a pool
  • Community Basketball Court
  • North Fort Myers High School Rated A
  • Traditional Architecture
  • Concrete Block With Brick

About This Home

As of January 2021

Amazing opportunity for a handyman or someone who wants to make it their own! Multi-unit property, on oversized lot. Two structures, three units, with additional storage shed and plenty of yard space on over an acre of land.

The front house is 1700 square feet, it has four bedrooms and two bathrooms, featuring a split floorplan, seperate living room, kitchen and dining room, along with large closets and extra pantry space. This home has a huge covered patio which can be utilized as an outdoor/entertaining space or can be converted in to a carport or garage. The rear units have a seperate entrance and yard. It is a single structure with two units. The first unit is a large studio/one-bedroom (closet can be easily installed to make it a true one bedroom). The floorplan will accommodate a living room and dining room area.... The additional unit can be used as a one bedroom or a large studio with an floorplan.

Excellent investment opportunity. Comparable rental units indicate the main house can easily rent for $2000 monthly and the rear units can rent for $850 each; bringing the annual gross income to $44400.

Last Agent to Sell the Property

Nydia Pino

Realty One Group Innovation License #BEAR-684915 Listed on: 12/30/2020

Realty One Group Innovation

Last Buyer's Agent

James Johnston

Knowledge Base Real Estate License #BEAR-3442208

Knowledge Base Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1954

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions: 165

Home Design

  • Triplex
  • Traditional Architecture
  • Concrete Block With Brick
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Storage
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric, full telephone, sewer, trash removal, water
  • Assessor Parcel Number 26-43-24-00-00038.0000
  • Tax Block 38

Community Details

Overview

  • 3 Units
  • North Fort Myers Condos

Amenities

  • Community Barbecue Grill

Recreation

  • Community Basketball Court

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $42,200
  • Net Operating Income $2,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,262

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Legal Description: PARL IN S W 1/4 DESC IN OR 1051 PG 0744
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.703655$-81.887588$174.23$13.33$1.00$NgNsF3yH9zAbficXLQrs4w
  • Building Design: Triplex
  • Building Description: Traditional
  • Year Built: 1954
  • 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: Extra Building, Room for Pool, Storage
  • Exterior Finish: Stucco, Wood Siding

Utilities

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: North Fort Myers
  • Amenities: Basketball, BBQ - Picnic
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: NORTH FORT MYERS

Lot Info

  • Lot Back: 165
  • Lot Frontage: 165
  • Lot Left: 306
  • Lot Right: 306
  • Section: 26
  • Waterfront: No
  • Zoning Code: AG-2
  • Acres: 1.1600
  • Lot Description: Oversize
  • Lot Dimensions: 165 X 306
  • Parcel Number: 26-43-24-00-00038.0000

Rental Info

  • Tenant Pays: Full Electric, Full Telephone, Sewer, Trash Removal, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 1262.00

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 44400.00
  • Annual Expenses: 42200.00
  • Annual Net Operating Income: 2220.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Jan 25, 2021
Sold by
Brightlite Homes Llc
Bought by
Schmidt Karl E and Lott Nina A
Seller's Agent
Nydia Pino
Realty One Group Innovation
Buyer's Agent
James Johnston
Knowledge Base Real Estate
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Current Estimated Value
$239,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,221
Avg. Annual Appreciation
11.09%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Mormon Marcey
Bought by
Brightlite Homes Llc

Purchase Details

Closed on
Aug 26, 2015
Sold by
Dunton Christopher
Bought by
Mormon Marcey A

Purchase Details

Closed on
Jul 9, 2014
Sold by
Mormon Murcey
Bought by
Dunton Christopher

Purchase Details

Closed on
May 18, 2014
Sold by
Dunton Christopher Cody
Bought by
Morman Marcey Anne

Purchase Details

Closed on
May 9, 2014
Sold by
Mormon Marney
Bought by
Dunton Christopher

Purchase Details

Closed on
May 18, 2013
Sold by
Mormon Paul J
Bought by
Mormon Marcey A

Purchase Details

Closed on
Oct 12, 2010
Sold by
Mormon Paul J and Mormon Debra A
Bought by
Mormon Paul
Source: Public Records

Range of Values:

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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
Schmidt Karl E $145,000 Florida Fidelity T&E Llc
Brightlite Homes Llc $61,100 --
Mormon Marcey A -- Attorney
Dunton Christopher -- None Available
Morman Marcey Anne -- None Available
Dunton Christopher -- None Available
Mormon Marcey A -- None Available
Mormon Paul -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2021 01/25/21 Sold $145,000 -2.7% $108 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $149,000 -- $111 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $2,382 $187,931 -- --
2024 $2,344 $182,635 -- --
2023 $2,344 $177,316 $0 $0
2022 $2,468 $177,795 $32,480 $95,926
2021 $1,988 $112,085 $40,085 $72,000
2020 $1,521 $109,037 $0 $0
2019 $1,481 $106,586 $18,270 $88,316
2018 $1,915 $106,593 $18,270 $88,323
2017 $1,764 $92,050 $18,850 $73,200
2016 $1,669 $90,760 $26,128 $64,632
2015 $1,211 $60,997 $21,939 $39,058
2014 $1,331 $68,696 $19,042 $49,654
2013 -- $57,799 $26,187 $31,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 220082260

Multiple Listing Service of Bonita Springs-Estero

APN: 26-43-24-00-00038.0000