NOT LISTED FOR SALE

1701 Sunshine Blvd Naples, FL 34116

Estimated Value: $881,023 - $1,039,000

8 Beds
8 Baths
-- Sq Ft
0.38 Acres

Last Sold February 28, 2018

Last sale price $510,000

Est. 90% increase in value since last sale

Current estimated payment $5,797/month

44 Days on Market

About This Home

As of February 2018

LOCATION, LOCATION!! Fourplex with 2 bedrooms, 2 baths each unit... Fully renovated, tile and granite counter tops, wood cabinets,new stainless steel appliances, spacious floor-plan. Near everything, within walking distance of Golden Gate Elementary School and community center. Exceptional living, you could live in one unit and rent out the other 3! Don't miss out on this great investment, excellent return! Won't last long, definitely a MUST SEE!!

Last Agent to Sell the Property

Diana Villarreal

Xclusive Homes LLC Listed on: 12/27/2017

Xclusive Homes LLC

Co-Listed By

Juan Orozco

Xclusive Homes LLC

Last Buyer's Agent

Josh Yelensky

Current Property Management License #NAPLES-249521225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,641

Year Built

  • 1985

Lot Details

  • 0.38

Home Design

  • Quadruplex

Community Details

Overview

  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $10,838
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,641

Year Built

1985

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 4 BLK 141 LOT 12
  • Street View Param: 1$26.196736$-81.702991$249.28$13.33$1.00$mSbhoRkQRVV-1lE_xMLcPA
  • Building Design: Quadraplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Flooring: Tile

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Windows: Single Hung

Utilities

  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Sub Condo Name: GOLDEN GATE CITY

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Golden Gate City

Lot Info

  • Lot Description: Cul-De-Sac
  • Lot Unit: 12
  • Section: 22
  • Zoning Code: 1

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 1
  • Gross Rental Income: 61162.00
  • Annual Expenses: 10838.00
  • Annual Net Operating Income: 72000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Feb 28, 2018
Sold by
Ravilla Invstments Llc
Bought by
Forida Trust Holdings Llc
Seller's Agent
Diana Villarreal
Xclusive Homes LLC
Buyer's Agent
Josh Yelensky
Current Property Management
List Price
$539,900
Sold Price
$510,000
Premium/Discount to List
-$29,900
-5.54%
Current Estimated Value
$968,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,506
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Dec 21, 2017
Sold by
Villaramos Llc
Bought by
Ravilla Investment Llc

Purchase Details

Closed on
Oct 24, 2016
Sold by
Villasante Jorge A and Martell Ivis M Ramos
Bought by
Villaramos Llc

Purchase Details

Listed on
Jul 27, 2015
Closed on
Aug 12, 2015
Sold by
Us Bnak Nationational
Bought by
Martinez Jorge A Villasante and Martell Ivis M Ramos
Seller's Agent
Janice Gover
Downing Frye Realty Inc.
Buyer's Agent
Diana Villarreal
Xclusive Homes LLC
List Price
$293,300
Sold Price
$295,000
Premium/Discount to List
$1,700
0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.37%

Purchase Details

Closed on
Jan 21, 2015
Sold by
Cisneros Cortez Porfirio
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 1, 2015
Bought by
Martinez Jorge A Villasante

Purchase Details

Closed on
Mar 11, 2005
Sold by
Froehlich Rick A and Froehlich Leighanna M
Bought by
Cisneros Porfirio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 14, 1999
Sold by
Nicholson Robert V
Bought by
Froehlich Rick A and Froehlich Leighanna M
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
Forida Trust Holdings Llc $510,000 Paradise Coast Title & Escro
Ravilla Investment Llc -- Attorney
Villaramos Llc -- None Available
Martinez Jorge A Villasante $295,000 Genesis Title Company
Us Bank National Association -- None Available
Martinez Jorge A Villasante $100 --
Cisneros Porfirio C $450,000 Island Title Guaranty Agency
Froehlich Rick A $174,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cisneros Porfirio C $405,000
Previous Owner Froehlich Rick A $100,000
Previous Owner Froehlich Rick A $158,200
Previous Owner Froehlich Rick A $50,000
Previous Owner Froehlich Rick A $155,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $510,000 -5.5% --
02/09/2018 02/09/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $539,900 +83.0% --
08/26/2015 08/26/15 Sold $295,000 +0.6% --
08/09/2015 08/09/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $293,300 -- --
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
2025 $7,641 $472,683 $221,429 $251,254
2024 $7,590 $609,528 $349,177 $260,351
2023 $7,590 $561,073 $0 $0
2022 $7,216 $510,066 $0 $0
2021 $6,639 $463,696 $0 $0
2020 $6,002 $421,542 $161,051 $260,491
2019 $5,934 $414,292 $195,336 $218,956
2018 $4,900 $323,447 $0 $0
2017 $4,449 $294,043 $71,234 $222,809
2016 $4,228 $283,346 $0 $0
2015 $3,486 $184,841 $0 $0
2014 $3,111 $168,037 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217079036

Naples Area Board of REALTORS®

APN: 36127400007