NOT LISTED FOR SALE

1557 Brown Rd North Fort Myers, FL 33903

Estimated Value: $343,000 - $475,000

5 Beds
2 Baths
2,100 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $178,572 $85 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,441/month

74 Days on Market

Highlights

  • Florida Architecture
  • Oversized Lot
  • Outdoor Storage
  • North Fort Myers High School Rated A
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2019

WOW what an opportunity to START EARNING INSTANT INCOME QUICKLY with this priced to SELL Duplex located in Mariana Park. Both units are nice inside and the owner has taken good care of the properties. 1557 has a tenant in place Earning $930 per month it's a 3/1 - 1200 sq. ft. with tile throughout and a newly re-done / permitted shed. 1559 has a tenant in place Earning $930 per month, it's a 2/1 - 900 sq. ft. with tile throughout also has a Single Car Garage with connecting shed and fenced in back yard. Owner pays water averaging $45 for both units. Tenants pay Electric, Cable, Internet. Schedule your showing appointment today!! This one won't last at this price!!

Last Agent to Sell the Property

Daniel Kolinski

ERA Cape Realty License #274507281 Listed on: 04/19/2019

Co-Listed By

Erica Kolinski

Florida Future Realty Inc License #258019468

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,695

Year Built

  • Built in 1960

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 93 x 140 x 93 x 140
  • Fenced
  • Oversized Lot

Home Design

  • Duplex
  • Florida Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Outdoor Storage
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, telephone
  • Tax Lot 9
  • Assessor Parcel Number 03-44-24-06-00000.009A

Community Details

Overview

  • 2 Units
  • Mariana Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $4,748
  • Net Operating Income $17,573

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,695

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Lot Size: 93 x 140 x 93 x 140
  • Co List Office Mls Id: CCAPE
  • Co List Office Phone: (239) 542-1998
  • Subdivision Name: MARIANA PARK
  • Directions: Traveling South on US-41, turn right onto Brown Road, property is on the right.
  • Architectural Style: Florida
  • Structure Type: Duplex
  • Year Built: 1960
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence, Storage
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 03-44-24-06-00000.009A
  • Zoning Description: AG-2
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 17573.0
  • Annual Operating Expense: 4748.0

Tax Info

  • Tax Annual Amount: 1695.0
  • Tax Lot: 9
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Gtm Properties Llc
Bought by
Wojtowicz Mitchell T
Current Estimated Value
$395,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Outstanding Balance
$204,351
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$133,316

Purchase Details

Closed on
Oct 31, 2019
Sold by
Thieret Elijah and Thieret Danielle
Bought by
Gtm Properties Llc

Purchase Details

Listed on
Apr 19, 2019
Closed on
Aug 1, 2019
Sold by
Brma Investments Llc
Bought by
Thieret Elijah and Thieret Danielle
Seller's Agent
Daniel Kolinski
ERA Cape Realty
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$185,000
Sold Price
$178,572
Premium/Discount to List
-$6,428
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$133,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Eng Sandy
Bought by
Brma Investments Llc

Purchase Details

Closed on
Mar 14, 2014
Sold by
Eng Sandy
Bought by
Eng Sandy

Purchase Details

Closed on
Jan 19, 1999
Sold by
Livoki Christopher P and Livoki Marie J
Bought by
Eng Sandy
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
Wojtowicz Mitchell T $289,000 None Listed On Document
Gtm Properties Llc -- Attorney
Thieret Elijah $178,600 Innovative Title And Tr Llc
Brma Investments Llc $125,000 Agent Title Services Llc
Eng Sandy -- Attorney
Eng Sandy -- --
Eng Sandy $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wojtowicz Mitchell T $216,750
Previous Owner Thieret Elijah $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $178,572 -3.5% $85 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $185,000 -- $88 / 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 $3,447 $211,681 -- --
2023 $3,447 $192,437 $19,935 $169,995
2022 $2,880 $142,100 $0 $0
2021 $2,492 $129,182 $12,198 $116,984
2020 $2,390 $120,319 $10,800 $109,519
2019 $2,592 $149,399 $9,112 $140,287
2018 $1,695 $107,393 $9,112 $98,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219029924

Florida Gulf Coast Multiple Listing Service

APN: 03-44-24-06-00000.009A