NOT LISTED FOR SALE

Estimated Value: $1,472,000 - $2,479,000

8 Beds
8 Baths
-- Sq Ft
0.26 Acres

Last Sold September 29, 2017

Last sale price $1,080,000

Est. 85% increase in value since last sale

Current estimated payment $12,392/month

141 Days on Market

About This Home

As of September 2017

7 unit waterfront complex just 3 buildings from Naples Bay. Beautiful canal and Naples Bay views with direct gulf access and no bridges. This income producing property consists of 6 - one bedroom units and 1 - 2 bedroom 2 bath unit. New dock in 2013 and new impact windows in 2012. All units are fully occupied with a gross monthly rent of $6,200. Being offered "as is with right to inspect"

Last Agent to Sell the Property

Leslie King

Sun Realty License #NAPLES-249512791 Listed on: 01/23/2017

Last Buyer's Agent

Leslie King

Sun Realty License #NAPLES-249512791 Listed on: 01/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,332

Year Built

  • 1965

Lot Details

  • 0.26

Home Design

  • Quadruplex

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access, long distance telephone, security

Community Details

Overview

  • Oyster Bay Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,332

Year Built

1965

Lot Details

0

Listing Details

  • Legal Description: OYSTER BAY UNIT 5 LOT 17
  • Street View Param: 1$26.131903$-81.78686500000003$134.78$13.33$1.00$iTctQyTKVsZQpiqILrQw7Q
  • Building Design: Quadraplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Flooring: Carpet, Tile

Exterior Features

  • Boat Access: Dock Included, Wooden Dock
  • Canal Width: 81-120
  • Construction: Concrete Block, Wood Frame
  • Exterior Finish: Stucco, Wood Siding
  • Gulf Access: No Bridge(s)
  • Windows: Sliding

Utilities

  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Community Boat Dock
  • Community Type: Boating
  • Sub Condo Name: OYSTER BAY

Association/Amenities

  • Units in Building: 7
  • Pets: No Approval Needed
  • Development: Oyster Bay

Lot Info

  • Lot Description: Regular
  • Waterfront: Canal, Navigable
  • Lot Dimensions: 80 X 140
  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 140
  • Lot Right: 140
  • Lot Unit: 17
  • Section: 10

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access, Long Distance Telephone, Security

Tax Info

  • Tax Description: City And County

Multi Family

  • Unit Count: 7
  • Gross Rental Income: 74400.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Sep 29, 2017
Sold by
Hodges Thelma T
Bought by
Hollingsworth Jon B and Hollingsworth Lorreen
Seller's Agent
Leslie King
Sun Realty
Buyer's Agent
Leslie King
Sun Realty
List Price
$1,279,000
Sold Price
$1,080,000
Premium/Discount to List
-$199,000
-15.56%
Total Days on Market
141
Current Estimated Value
$1,994,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,964
Avg. Annual Appreciation
8.31%
Original Mortgage
$590,000
Outstanding Balance
$499,576
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$1,495,388

Purchase Details

Closed on
Apr 18, 2012
Sold by
Bova Naples Llc
Bought by
Hodges Earl G

Purchase Details

Closed on
Jul 20, 2011
Sold by
Colonia Two Inc
Bought by
Bova Naples Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
4.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 1997
Sold by
Boff David A and Boff Rosalie M
Bought by
Colonia 2 Inc
Source: Public Records

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Range of Values:

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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
Hollingsworth Jon B $1,080,000 Attorney
Hodges Earl G $635,000 Attorney
Bova Naples Llc $450,000 Seaview Title Company Llc
Colonia 2 Inc $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollingsworth Jon B $590,000
Previous Owner Bova Naples Llc $98,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $1,080,000 -15.6% --
06/13/2017 06/13/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,279,000 -- --
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
2023 $14,332 $1,211,077 $0 $0
2022 $12,920 $1,100,979 $0 $0
2021 $10,771 $1,000,890 $773,190 $227,700
2020 $10,977 $1,011,343 $0 $0
2019 $9,896 $919,403 $729,630 $189,773
2018 $10,395 $967,528 $725,004 $242,524
2017 $9,508 $833,283 $0 $0
2016 $9,096 $757,530 $0 $0
2015 $8,537 $688,664 $0 $0
2014 $7,164 $626,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217002719

Naples Area Board of REALTORS®

APN: 15350640008