NOT LISTED FOR SALE

Estimated Value: $329,000 - $427,000

4 Beds
2 Baths
1,700 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $215,000 $126 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,439/month

276 Days on Market

Highlights

  • Tile Flooring
  • Outdoor Storage
  • Ceiling Fan
  • Fort Myers High School Rated A
  • Central Heating and Cooling System

About This Home

As of March 2020

Dean Park Historic District, one of Fort Myers most desirable locations. Duplex with 4 bedrooms and 2 full bathrooms. Both bathrooms renovated. Long term tenants in place. This location is beloved for it's lush mature trees, homes with character from the 1920's and walking distance to River District. This is and friendly walkable neighborhood just outside of the Fort Myers Downtown River District with it's restaurants, shops, galleries, yacht basin, art & cultural events.

Last Agent to Sell the Property

Guido Spinelli

Zivkovic & Associates License #258019430 Listed on: 05/02/2019

Last Buyer's Agent

Anthony Mansolillo

NAI Realty License #249501486

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 100 x 74 x 100 x 74

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • Ceiling Fan
  • Double Hung Windows

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, departure cleaning, electricity, internet, janitorial service, security, water
  • Legal Lot and Block 21 / 2
  • Assessor Parcel Number 13-44-24-P3-00602.021A

Community Details

Overview

  • 2 Units
  • Dean Park Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $5,800
  • Net Operating Income $17,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,904

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: 100 x 74 x 100 x 74
  • Subdivision Name: DEAN PARK
  • Directions: North on US41, turn right on First St., turn right on Providence St. Turn right on Cranford Ave
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1957
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Window Features: Double Hung

Exterior Features

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 13-44-24-P3-00602.021A
  • Zoning Description: RS-7
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Departure Cleaning, Electricity, Internet, Janitorial Service, Security, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 17000.0
  • Annual Operating Expense: 5800.0

Tax Info

  • Tax Annual Amount: 2904.0
  • Tax Block: 2
  • Tax Lot: 21
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Mar 4, 2020
Sold by
G & B Equity Holdings Llc
Bought by
1610 1612 Cranford Ave Llc
Seller's Agent
Guido Spinelli
Zivkovic & Associates
Buyer's Agent
Anthony Mansolillo
NAI Realty
List Price
$278,000
Sold Price
$215,000
Premium/Discount to List
-$63,000
-22.66%
Current Estimated Value
$382,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,667
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Oct 18, 2018
Sold by
Spinelli Guido and Spinelli Barbara
Bought by
G & B Equity Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2017
Sold by
Pirgyi Daniel J and Kousheshian Elham
Bought by
Spinelli Guido and Spinelli Barbara

Purchase Details

Closed on
Dec 17, 2004
Sold by
Best Kenneth and Best Sondra
Bought by
Pirigyi Daniel J and Kousheshian Elham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 23, 2000
Sold by
Seyler Ruth C and Ramnick Roy Scott
Bought by
Best Kenneth and Best Sondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
8.27%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1610 1612 Cranford Ave Llc $215,000 Patriot Title Services Llc
G & B Equity Holdings Llc -- Patriot Title Services Llc
Spinelli Guido $124,900 Title Insurance Agency
Pirigyi Daniel J $157,000 Universal Land Title Inc
Best Kenneth $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner G & B Equity Holdings Llc $109,200
Previous Owner Pirigyi Daniel J $125,600
Previous Owner Best Kenneth $52,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $215,000 -22.7% $126 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
05/02/2019 05/02/19 For Sale $278,000 -- $164 / 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
2025 $4,824 $194,525 $46,028 $143,556
2024 $4,766 $222,990 $41,914 $173,938
2023 $4,766 $217,555 $58,261 $151,210
2022 $4,667 $198,116 $0 $0
2021 $4,351 $180,105 $41,000 $139,105
2020 $3,634 $163,113 $41,000 $122,113
2019 $3,280 $127,583 $41,000 $86,583
2018 $2,904 $105,780 $41,000 $64,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219032954

Florida Gulf Coast Multiple Listing Service

APN: 13-44-24-P3-00602.021A