$190,000
SOLD SEP 30, 2015
4 Beds
4 Baths
975 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$195 Per Sq Ft

17% Below List Price

80 Days on Market

Highlights

  • Waterfront
  • Tile Flooring
  • Central Heating and Cooling System
  • Canal Access
  • Awning
  • Rectangular Lot

About This Home

As of November 2017

( Rare Find ) Caloosahatchee River and Gulf Access Duplex. Located on a deep water canal and just 5 minutes to the river/no bridges in a very desirable neighborhood across the street from 2 beautiful newly constructed single family riverfront homes. Each units have been well maintained and recently completely painted on the outside. Unit 1 recently became vacant and was completely painted and tiled. Unit 2 is in excellent shape with new tiles and paint 2 years ago and currently rents for $775 monthly and the tenant would love to stay. Both units have been rented for the past few years with $18,000 gross annual income, However the seller have agreed to let unit 1 remain vacant for the new owner to decide. This property would make a great Primary or Seasonal Home with rental income from 1 side to use towards property maintenance and repairs. Both units are identical with 2 bedrooms, 2 baths, garage,and screened in lanai on each side. Don’t miss this opportunity to own this River Access Duplex.

Last Agent to Sell the Property

Nezam Juman

Starlink Realty, Inc License #252012772 Listed on: 06/11/2015

Last Buyer's Agent

Nezam Juman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,841

Year Built

  • Built in 1970

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 98 x 100 x 98 x 100
  • Waterfront
  • Rectangular Lot

Home Design

  • Duplex
  • Tile Roof
  • Stucco

Interior Spaces

  • 975 Sq Ft Home
  • Awning
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Canal Access

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, telephone, water
  • Tax Lot 64
  • Assessor Parcel Number 21-43-26-07-00000.0640

Community Details

Overview

  • Paradise Shores Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,841

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Lot Size: 98 x 100 x 98 x 100
  • Road Surface Type: Paved
  • Subdivision Name: PARADISE SHORES
  • Directions: From I-75 take exit 141 go east on Palm Beach Blvd for about 6 miles, Take a Left on S.Olga Rd ( Tractor Supply Co) go to Wise Way and Make a Left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1970
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Awning(s)
  • Property Condition: Resale
  • Roof: Tile

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

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 21-43-26-07-00000.0640
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Telephone, Water

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1841.0
  • Tax Block: 0
  • Tax Lot: 64
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2017
Closed on
Nov 30, 2017
Sold by
Assayag Arie Ben
Bought by
Kuehn Heinz H and Kuehn Laura Mae
Seller's Agent
Nezam Juman
Starlink Realty, Inc
Buyer's Agent
Nezam Juman
List Price
$269,900
Sold Price
$263,000
Premium/Discount to List
-$6,900
-2.56%
Total Days on Market
80
Current Estimated Value
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,000
Avg. Annual Appreciation
6.90%
Original Mortgage
$271,679
Outstanding Balance
$232,438
Interest Rate
3.94%
Mortgage Type
VA
Estimated Equity
$201,229

Purchase Details

Listed on
Jun 11, 2015
Closed on
Sep 29, 2015
Sold by
Grenier John C
Bought by
Ben Assayag Arie
Seller's Agent
Nezam Juman
Starlink Realty, Inc
Buyer's Agent
Nezam Juman
List Price
$229,000
Sold Price
$190,000
Premium/Discount to List
-$39,000
-17.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.16%

Purchase Details

Closed on
May 23, 2012
Sold by
Vanderwoude Maggie
Bought by
Grenier Alice M and Grenier John C

Purchase Details

Closed on
Jan 27, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Vanderwoude Maggie

Purchase Details

Closed on
Jan 20, 2011
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Aug 31, 2010
Sold by
Deshong Joanna G
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 30, 2002
Sold by
Hixon James E
Bought by
Deshong James A and Deshong Joanna G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 2002
Sold by
Hixon James E and Hixon Judith A
Bought by
Hixon James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.8%
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 Type Sale Price Title Company
Warranty Deed $263,000 Florida Hometown Title & Esc
Warranty Deed $190,000 Florida Hometown Title & Esc
Warranty Deed $159,900 Team Title Ins Agency Inc
Warranty Deed $85,000 None Available
Quit Claim Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $187,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $271,679 VA
Previous Owner $125,000 Credit Line Revolving
Previous Owner $149,600 Commercial
Previous Owner $102,000 Commercial
Previous Owner $102,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $263,000 -2.6% $270 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/18/2017 10/18/17 For Sale $269,900 +42.1% $277 / Sq Ft
09/30/2015 09/30/15 Sold $190,000 -17.0% $195 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $229,000 -- $235 / 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
2024 $2,021 $72,427 -- --
2023 $2,021 $140,624 $140,614 $10
2022 $3,440 $207,121 $0 $0
2021 $2,918 $238,316 $82,800 $155,516
2020 $2,736 $194,427 $0 $0
2019 $2,589 $181,700 $82,800 $98,900
2018 $2,656 $183,308 $82,800 $100,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215034885

Florida Gulf Coast Multiple Listing Service

APN: 21-43-26-07-00000.0640