NOT LISTED FOR SALE

Estimated Value: $233,000 - $318,000

4 Beds
2 Baths
1,484 Sq Ft
$193/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $175,000 $118 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,962/month

89 Days on Market

Highlights

  • View of Trees or Woods
  • Eat-In Kitchen
  • Inside Utility
  • No HOA
  • Laundry Room
  • Ceramic Tile Flooring

About This Home

As of July 2020

EXCITING INVESTMENT OPPORTUNITY: This fully leased duplex is the perfect investment opportunity with long term tenants already in place yielding immediate cash flow. Featuring desirable 2 bedroom, 1 bathroom units each with their own private laundry space, this multi-unit property is easy to lease and manage. Improvements in unit A include a 2012 A/C system, 2014 tub refinish and 40 gal water heater replaced in 2019. Improvements in unit B include in a new front window in 2013, new bathtub in 2014 and new appliances in 2014. Both units feature tile floors in the main living areas, central air, separate driveways, independent water meters and individual electric meters. Centrally located, the property backs up to woods for privacy and has a spacious backyard with large Oak tree. Landlord currently provides lawn service. Only minutes to shopping, dining, golf, boating waters and entertainment. CITY WATER AND NOT IN A FLOOD ZONE.

Last Agent to Sell the Property

Mark Soravilla

RE/MAX PALM REALTY License #3124040 Listed on: 02/14/2020

RE/MAX PALM REALTY

Last Buyer's Agent

Mark Soravilla

RE/MAX PALM REALTY License #3124040 Listed on: 02/14/2020

RE/MAX PALM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,581

Year Built

  • Built in 1989

Lot Details

  • 10,166 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,484 Sq Ft Home
  • Ceiling Fan
  • Inside Utility
  • Laundry Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Liberty Elementary School
  • Murdock Middle School
  • Port Charlotte High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 10 / 2396
  • Assessor Parcel Number 402102355004

Community Details

Overview

  • No Home Owners Association
  • 1,484 Sq Ft Building
  • Port Charlotte Community
  • Port Charlotte Sec 032 Subdivision

Building Details

  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,581

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1484
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1484
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10166
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: South on US 41. Right on Chamberlain Blvd. The property is on the Right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7425860?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7425860?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.97222
  • Price per Sq Ft: 117.92
  • Close to Original List Price Ratio: 0.97222
  • Ratio: Current Price\Building Area Total: 117.92
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 15540
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Open
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Water - Multiple Meters, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Liberty Elementary
  • High School: Port Charlotte High
  • Middle Or Junior School: Murdock Middle

Lot Info

  • Zoning: RMF10
  • Parcel Number: 402102355004
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 1750

Multi Family

  • Gross Income: 21000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2581.07
  • Tax Block: 2396
  • Tax Book Number: 1182-2420
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2020
Closed on
Jul 10, 2020
Sold by
Crilly Gisela and Gisela Crilly Revocable Trust
Bought by
Black Donald and Nelson Mariah
Seller's Agent
Mark Soravilla
RE/MAX PALM REALTY
Buyer's Agent
Mark Soravilla
RE/MAX PALM REALTY
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$289,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,801
Avg. Annual Appreciation
10.42%
Original Mortgage
$148,750
Outstanding Balance
$133,072
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$156,237

Purchase Details

Closed on
Sep 13, 2018
Sold by
Crilly Gisela E
Bought by
Crilly Gisela and Gisela Crilly Revocable Trust

Purchase Details

Closed on
Mar 8, 2018
Sold by
Crilly James M and Crilly Crilly
Bought by
Crilly Gisela E

Purchase Details

Closed on
Mar 7, 2011
Sold by
Jack Penelope A
Bought by
Crilly James and Crilly Gisela

Purchase Details

Closed on
Jul 12, 2010
Sold by
Fischer Karin and A Five Star Business Inc
Bought by
Jack Penelope A

Purchase Details

Closed on
Jan 5, 2009
Sold by
Fischer Karin
Bought by
A Five Star Business Inc

Purchase Details

Closed on
Jun 23, 2006
Sold by
A Five Star Business Inc
Bought by
Fischer Karin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1999
Sold by
Davies John E
Bought by
Five Star Business Inc
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 Buyer Sale Price Title Company
Black Donald $175,000 Stewart Title Company
Crilly Gisela -- Attorney
Crilly Gisela E -- Attorney
Crilly James $63,000 Florida Abstract & Security
Jack Penelope A $36,600 None Available
A Five Star Business Inc -- None Available
Fischer Karin -- None Available
Five Star Business Inc $52,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Donald $148,750
Previous Owner Fischer Karin $140,000
Previous Owner Fischer Karin $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $175,000 -2.8% $118 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
02/14/2020 02/14/20 For Sale $180,000 -- $121 / Sq Ft
Source: Stellar MLS

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 $4,340 $249,757 $26,350 $223,407
2023 $4,340 $152,769 $0 $0
2022 $3,745 $151,817 $16,150 $135,667
2021 $3,521 $126,255 $6,120 $120,135
2020 $2,889 $101,350 $5,100 $96,250
2019 $2,689 $98,486 $5,100 $93,386
2018 $2,425 $95,673 $5,100 $90,573
2017 $2,368 $94,516 $3,570 $90,946
2016 $2,318 $57,389 $0 $0
2015 $2,197 $52,172 $0 $0
2014 $1,726 $47,429 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7425860

Stellar MLS

APN: 402102355004