NOT LISTED FOR SALE

Estimated Value: $255,000 - $295,000

4 Beds
2 Baths
1,500 Sq Ft
$186/Sq Ft Est. Value

Last Sold February 20, 2023

Last sale price $289,000 $193 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,747/month

48 Days on Market

Highlights

  • Tile Flooring
  • Fort Myers High School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2023

Great Duplex with an income ready generating unit. The property features (Two) 2Br/1Ba units w/ Laundry Rooms, & designated parking. Metal Roof was placed in June/2021***Buyer has multiple options: Occupy one duplex side at closing (Unit 1729 is vacant and completely renovated) & start collecting rental income on the other side (Unit 1731 is tenant occupied, see remarks) or Lease out both units at a market rental rate income.***Centric Location- Near by Shopping, Restaurants, Medical Facilities, Edison Mall, Page Field w/ just short drives to Cape Coral, Bonita -Estero, I-75, RSW Airport & to sunny Ft Myers Beach!!! ***NO FLOOD INSURANCE REQUIRED~ ZONE X***NO HURRICANE DAMAGE****

Last Agent to Sell the Property

Estrella Ruiz

Smart Realty of Florida PA License #258013619 Listed on: 01/02/2023

Last Buyer's Agent

Alfonso Reyes

Starlink Realty, Inc License #258023961

Starlink Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 1975

Lot Details

  • 6,708 Sq Ft Lot
  • Lot Dimensions are 50 x 125 x 50 x 125

Home Design

  • Duplex
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, water
  • Legal Lot and Block 34 / 1
  • Assessor Parcel Number 11-45-24-04-00001.0340

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,332
  • Net Operating Income $18,936

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,084

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.154
  • Lot Size: 50 x 125 x 50 x 125
  • Subdivision Name: PINE MANOR
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1975
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Other

Exterior Features

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

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

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-04-00001.0340
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 18936.0
  • Annual Operating Expense: 2332.0

Tax Info

  • Tax Annual Amount: 2084.24
  • Tax Block: 1
  • Tax Lot: 34
  • Tax Year: 2021

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Feb 20, 2023
Sold by
Martha Patricia Molina Revocable Living
Bought by
Gutierrez Jose Antonio and Gutierrez Alicia L
Seller's Agent
Estrella Ruiz
Smart Realty of Florida PA
Buyer's Agent
Alfonso Reyes
Starlink Realty, Inc
List Price
$310,000
Sold Price
$289,000
Premium/Discount to List
-$21,000
-6.77%
Views
78
Current Estimated Value
$279,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,667
Avg. Annual Appreciation
-1.18%

Purchase Details

Closed on
Jul 17, 2020
Sold by
Molina Martha Patricia
Bought by
Molina Martha Patricia and Molina Martha Patricia

Purchase Details

Listed on
Jun 24, 2016
Closed on
Sep 30, 2016
Sold by
National Real Estate Solution Llc
Bought by
Fiuza Felipe and Larriva Maria V
Seller's Agent
Shelley Hughes
Investor Friendly Property
Buyer's Agent
Anne Wright
Cypress Realty Inc.
List Price
$125,000
Sold Price
$99,000
Premium/Discount to List
-$26,000
-20.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%

Purchase Details

Closed on
Jan 13, 2012
Sold by
Reynolds Gregg C
Bought by
National Real Estate Solution Llc

Purchase Details

Closed on
Jun 10, 1998
Sold by
Nationsbanc Mtg Corp
Bought by
Reynolds Gregg C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,864
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1998
Sold by
Clerk Circuit Court
Bought by
Nationsbanc Mtg Corp

Purchase Details

Closed on
Oct 19, 1994
Sold by
Ullrich Jack B
Bought by
Victor Julien and Victor Adrienne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,800
Interest Rate
8.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gutierrez Jose Antonio $289,000 Jd Title & Escrow Services
Molina Martha Patricia -- Attorney
Fiuza Felipe $100,000 Dougan Land Title Llc
National Real Estate Solution Llc $30,000 Team Title Ins Agency Inc
Reynolds Gregg C -- --
Reynolds Gregg C $34,000 --
Nationsbanc Mtg Corp -- --
Victor Julien $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Gregg C $26,864
Previous Owner Victor Julien $41,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/20/2023 02/20/23 Sold $289,000 -3.3% $193 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $299,000 -3.5% $199 / Sq Ft
01/02/2023 01/02/23 For Sale $310,000 +213.1% $207 / Sq Ft
10/19/2016 10/19/16 Sold $99,000 -20.8% $63 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $125,000 -- $80 / 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 $3,453 $222,980 -- --
2024 $2,570 $202,709 $28,688 $165,281
2023 $2,570 $131,006 $0 $0
2022 $2,430 $119,096 $0 $0
2021 $2,084 $108,269 $9,535 $98,734
2020 $1,789 $88,819 $8,400 $80,419
2019 $1,639 $76,706 $5,200 $71,506
2018 $1,598 $76,713 $5,200 $71,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223000101

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-04-00001.0340