$550,000
SOLD OCT 4, 2024
4 Beds
2 Baths
-- Sq Ft
7,405 Sq Ft Lot

Recently Sold

31% Below List Price

236 Days on Market

Highlights

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

About This Home

As of October 2024

Great Location! Two miles from the beach! NO Homeowners association!!! Multiple opportunities: Annual or AirB&B rentals, live in one and rent the other out for added income. Each unit has two bedrooms, a bath, a kitchen, a living room, a laundry room, newer kitchen cabinets, counters & tiled bathtub enclosure. The current tenants have been leasing the property for many years.

Last Agent to Sell the Property

Dino Lauricella

Sun Realty License #NAPLES-249514391 Listed on: 01/11/2024

Sun Realty

Last Buyer's Agent

Collette Roselli

Keller Williams Elite Realty License #NAPLES-249530054

Keller Williams Elite Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,531

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 75

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Single Hung Windows
  • Terrazzo Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric
  • Assessor Parcel Number 63452320003
  • Tax Block 11

Community Details

Overview

  • 2 Units
  • Naples Twin Lakes Condos
  • Naples Twin Lakes Community

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $7,500
  • Net Operating Income $38,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,531

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Legal Description: NAPLES TWIN LAKES 1ST ADD BLK 11 LOT 14
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.20137790407388$-81.79526515477687$180.00$13.33$1.00$g72EAsqfnMEn1g6gLKxbgA
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1973
  • Property Information: Great Location! Two miles from the beach! NO Homeowners association!!! Multiple opportunities: Annual or AirB&B rentals, live in one and rent the other out for added income. Each unit has two bedrooms, a bath, a kitchen, a living room, a laundry room, newer kitchen cabinets, counters & tiled bathtub enclosure. The current tenants have been leasing the property for many years.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Terrazzo
  • Windows: Single Hung

Exterior Features

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

Utilities

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

Association/Amenities

  • Pets: With Approval
  • Development: Naples Twin Lakes
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES TWIN LAKES
  • Development Name: NAPLES TWIN LAKES

Lot Info

  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 100
  • Lot Right: 100
  • Lot Unit: 14
  • Section: 15
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.1700
  • Lot Description: Regular
  • Lot Dimensions: 75 X 100
  • Parcel Number: 63452320003

Rental Info

  • Tenant Pays: Full Electric

Tax Info

  • Tax Description: County Only
  • Taxes: 4531.00
  • Tax Year: 2023

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 45600.00
  • Annual Expenses: 7500.00
  • Annual Net Operating Income: 38100.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Oct 4, 2024
Sold by
Jazzy Jade Holdings Llc
Bought by
Great Journey Housing Llc
Seller's Agent
Dino Lauricella
Sun Realty
Buyer's Agent
Collette Roselli
Keller Williams Elite Realty
List Price
$799,000
Sold Price
$550,000
Premium/Discount to List
-$249,000
-31.16%
Views
47
Current Estimated Value
$550,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513
Avg. Annual Appreciation
2.32%

Purchase Details

Closed on
Nov 15, 2022
Sold by
Garveys Florida Properties Llc
Bought by
Jazzy Jade Holdings Llc

Purchase Details

Closed on
Oct 15, 2021
Sold by
Tb Property Holdings Llc
Bought by
Garveys Florida Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2014
Sold by
Perez Josefa and Cohen Delfina Daisy
Bought by
Th Property Holdings Llc
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Bonita Title
Warranty Deed $910,000 --
Warranty Deed $700,000 Accommodation
Warranty Deed $155,000 Hyperion Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $45,300 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $550,000 -8.2% --
09/03/2024 09/03/24 Pending -- -- --
07/30/2024 07/30/24 Price Changed $599,000 -7.8% --
06/20/2024 06/20/24 Price Changed $649,900 -7.1% --
05/13/2024 05/13/24 Price Changed $699,900 -6.7% --
04/08/2024 04/08/24 Price Changed $750,000 -6.1% --
01/11/2024 01/11/24 For Sale $799,000 -- --
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
2024 $4,531 $403,469 $324,000 $79,469
2023 $4,531 $410,989 $315,000 $95,989
2022 $4,002 $338,388 $247,500 $90,888
2021 $2,702 $206,006 $108,750 $97,256
2020 $3,055 $234,220 $0 $0
2019 $2,754 $212,927 $135,135 $77,792
2018 $2,711 $203,178 $0 $0
2017 $2,513 $184,707 $0 $0
2016 $2,293 $167,915 $0 $0
2015 $2,074 $152,650 $0 $0
2014 $1,656 $98,883 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224004348

Naples Area Board of REALTORS®

APN: 63452320003