NOT LISTED FOR SALE

Estimated Value: $516,000 - $664,000

4 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold July 30, 2020

Last sale price $367,500

Est. 60% increase in value since last sale

Current estimated payment $3,457/month

107 Days on Market

Highlights

  • Fruit Trees
  • Concrete Block With Brick
  • Awning
  • Sea Gate Elementary School Rated A
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2020

***RARELY AVAILABLE***EACH UNIT OFFERS 1 bedroom & 1 FULL BATH. Investment opportunity in sought after Naples location between 41 and Goodlette Roads. Featuring two-year-old A/C systems, Roof replaced 2019, fresh paint on the exterior, new landscaping package, large common back yard, and ample parking for tenants, this property will have no problem staying rented. Each unit is fully tiled, offering a great room with a separate dining area, full-size laundry room for the property. There is a shortage of rentals in Naples, capitalize on the rental income of this property. Location, Location, just minutes to beaches, shopping & restaurants, A+ school district Seagate, Pine Ridge Middle & Naples High. MOTIVATED SELLER!
Currently producing $41,280.00 Gross Rent per Year. These units have plenty of room for improvement. Some light renovations can increase the gross rental income by $15,000.00 per year. 12 Month - Cash Flow available upon request.

Last Agent to Sell the Property

Trevor Ekovich

License #NAPLES-249523742 Listed on: 03/02/2020

Co-Listed By

Kyle McLaughlin

Northstar Realty Group

Last Buyer's Agent

Trevor Ekovich

License #NAPLES-249523742 Listed on: 03/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,152

Year Built

  • Built in 1973

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions: 62
  • Fenced
  • Fruit Trees

Home Design

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

Interior Spaces

  • Awning
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, pest control
  • Assessor Parcel Number 29782240004
  • Tax Block E

Community Details

Overview

  • 4 Units
  • Decker Highlands Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,152

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Legal Description: DECKER HIGHLANDS BLK E LOT 16 + W 10FT OF LOT 17
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.195938$-81.793514$215.92$13.33$1.00$LuNKmP-ziDfVVng5tFZEew
  • Building Design: Quadraplex
  • Building Description: Duplex
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Awning

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Fence, Fruit Trees
  • Exterior Finish: Stucco

Utilities

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

Association/Amenities

  • Pets: With Approval
  • Development: Decker Highlands
  • Units In Building: 4

Condo/Co-op/Association

  • Sub Condo Name: DECKER HIGHLANDS

Lot Info

  • Section: 22
  • Waterfront: No
  • Zoning Code: RMF - 6
  • Acres: 0.1800
  • Lot Description: Regular
  • Lot Dimensions: 62 X 127
  • Parcel Number: 29782240004

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Pest Control

Tax Info

  • Tax Description: County Only
  • Taxes: 3152.05

Multi Family

  • Gross Rental Income: 41280.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Jul 30, 2020
Sold by
Key Royal Llc
Bought by
Naples 3912 Investments Llc
Seller's Agent
Trevor Ekovich
Buyer's Agent
Trevor Ekovich
List Price
$439,900
Sold Price
$367,500
Premium/Discount to List
-$72,400
-16.46%
Current Estimated Value
$586,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,744
Avg. Annual Appreciation
9.12%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Henke Gordon
Bought by
Key Royal 8298 Llc

Purchase Details

Closed on
Jun 29, 2015
Sold by
Goodman Mark A and Goodman Lisa
Bought by
Henke Gordon

Purchase Details

Closed on
May 20, 2014
Sold by
Goodman Lisa Lucas
Bought by
Goodman Mark

Purchase Details

Closed on
Jul 20, 2012
Sold by
Mag Liquidators Llc
Bought by
Goodman Mark

Purchase Details

Closed on
Nov 22, 2011
Sold by
Goodman Mark A
Bought by
Mag Liquidators Llc

Purchase Details

Closed on
Mar 19, 1998
Sold by
Simpson William M and Simpson Carolyn B
Bought by
Goodman Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 20, 1996
Sold by
R B D Assoc
Bought by
Simpson William M and Simpson Carolyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 1993
Sold by
Nickel Gudrun M
Bought by
R B D Assoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Naples 3912 Investments Llc $367,500 Attorney
Key Royal 8298 Llc -- Attorney
Henke Gordon $208,000 Attorney
Goodman Mark -- None Available
Goodman Mark -- None Available
Mag Liquidators Llc -- None Available
Goodman Mark A $110,000 --
Simpson William M $85,000 --
R B D Assoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goodman Mark A $77,000
Previous Owner Simpson William M $45,000
Previous Owner R B D Assoc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2020 07/30/20 Sold $367,500 -13.5% --
06/17/2020 06/17/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $424,900 -3.4% --
03/02/2020 03/02/20 For Sale $439,900 -- --
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 $4,443 $390,297 -- --
2024 $4,470 $354,815 -- --
2023 $4,470 $322,559 $0 $0
2022 $3,966 $293,235 $0 $0
2021 $3,363 $266,577 $166,410 $100,167
2020 $2,858 $223,379 $118,275 $105,104
2019 $3,152 $248,776 $0 $0
2018 $2,885 $226,160 $121,125 $105,035
2017 $2,674 $206,143 $121,125 $85,018
2016 $2,680 $209,965 $0 $0
2015 $1,907 $130,651 $0 $0
2014 $1,818 $118,774 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220017215

Naples Area Board of REALTORS®

APN: 29782240004