NOT LISTED FOR SALE

1717 40th Terrace SW Naples, FL 34116

Estimated Value: $474,001 - $644,000

4 Beds
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $325,000

Est. 66% increase in value since last sale

Current estimated payment $3,180/month

157 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2021

Fantastic value in this very large CBS 2 bedroom 1 bath duplex. City water/ City Sewer, fenced yard, concrete driveway.

Last Agent to Sell the Property

Woody Woodruff

Premiere Plus Realty Company Listed on: 10/02/2020

Premiere Plus Realty Company

Last Buyer's Agent

Magdevys Rodriguez

Coldwell Banker Realty License #NAPLES-249522169

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,636

Year Built

  • Built in 1990

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 80

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • Single Hung Windows
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, full electric, sewer, water
  • Assessor Parcel Number 35777480009
  • Tax Block 72
  • $10,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,636

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 2 BLK 72 LOT 18 OR 1366 PG 1787-88
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.196912$-81.688825$322.69$13.33$1.00$5ufyTLxSXYIzFEr7OZA9Rw
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco

Utilities

  • Cable Available: No
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Golden Gate City
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: GOLDEN GATE CITY

Lot Info

  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 18
  • Section: 22
  • Waterfront: No
  • Zoning Code: rmf-12
  • Acres: 0.2300
  • Lot Description: Regular
  • Lot Dimensions: 80 X 125
  • Parcel Number: 35777480009

Rental Info

  • Tenant Pays: Cable, Full Electric, Sewer, Water

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 2636.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 25800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Mar 1, 2021
Sold by
Maroney Paul J
Bought by
Hernandez Alejandro and Hernandez Cosme
Seller's Agent
Woody Woodruff
Premiere Plus Realty Company
Buyer's Agent
Magdevys Rodriguez
Coldwell Banker Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$540,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,500
Avg. Annual Appreciation
11.83%
Original Mortgage
$319,113
Outstanding Balance
$286,062
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$254,438
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
Hernandez Alejandro $325,000 Gulf Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Alejandro $319,113
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $325,000 0.0% --
03/11/2021 03/11/21 For Sale $325,000 0.0% --
03/08/2021 03/08/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $325,000 0.0% --
01/15/2021 01/15/21 Pending -- -- --
11/17/2020 11/17/20 Price Changed $325,000 -3.0% --
10/02/2020 10/02/20 For Sale $335,000 -- --
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 $3,774 $281,380 $130,000 $151,380
2024 $3,721 $340,532 -- --
2023 $3,721 $330,614 $0 $0
2022 $3,761 $320,984 $152,500 $168,484
2021 $3,322 $197,835 $0 $0
2020 $3,035 $179,850 $0 $0
2019 $2,636 $163,500 $0 $0
2018 $2,467 $148,636 $0 $0
2017 $2,257 $135,124 $0 $0
2016 $2,110 $122,840 $0 $0
2015 $2,002 $111,673 $0 $0
2014 $1,782 $101,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Woody Woodruff

    Premiere Plus Realty Company

    (239) 290-8566

    27 in this area

    60 Total Sales

    Woody Woodruff
    Section Image
  • Magdevys Rodriguez

    Buyer's Agent in 2021

    Magdevys Rodriguez

    Coldwell Banker Realty

    (239) 289-0749

    23 in this area

    382 Total Sales

    Magdevys Rodriguez
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220062235

Naples Area Board of REALTORS®

APN: 35777480009

Florida Collier County Naples 34116

1717 40th Terrace SW, Naples, FL

This home is located at 1717 40th Terrace SW, Naples, FL 34116 since 02 October 2020 and is currently estimated at $540,500. This property was built in 1990. 1717 40th Terrace SW is a home located in Collier County with nearby schools including Golden Terrace Elementary School, Golden Gate High School, and Golden Gate Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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