NOT LISTED FOR SALE

1757 40th Terrace SW Unit B Naples, FL 34116

Estimated Value: $424,489 - $717,000

4 Beds
2 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold August 29, 2018

Last sale price $310,000

Est. 84% increase in value since last sale

Current estimated payment $3,311/month

14 Days on Market

Highlights

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

About This Home

As of August 2018

Duplex in Golden Gate City! Each unit has 2 bedrooms, 2 bathrooms, laundry room, screened patio and fenced yard! Unit A is rented month to month for $1100 and unit B has a lease for $1150. Monthly income of $2250.

Last Agent to Sell the Property

Raymond Staton

Staton Properties, LLC Listed on: 06/26/2018

Last Buyer's Agent

Homer Hyppolite

Premiere Plus Realty Company License #NAPLES-249500228

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,858

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions: 80
  • Fenced

Home Design

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

Interior Spaces

  • Single Hung Windows
  • Storage
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, water
  • Assessor Parcel Number 35777560000
  • Tax Block 72

Community Details

Overview

  • 2 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,858

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 2 BLK 72 LOT 20
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.196455$-81.688781$308.34$13.33$1.00$atNkRJwh-GX3ohdWYLfaRQ
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • 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 Features: Fence, Patio, Storage
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • 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: 20
  • Section: 22
  • Waterfront: No
  • Zoning Code: RMF-12
  • Acres: 0.1200
  • Lot Description: Regular
  • Lot Dimensions: 80 X 125
  • Parcel Number: 35777560000

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 1858.50

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2018
Closed on
Aug 29, 2018
Sold by
Murphy Patrick J
Bought by
Clairmont Sonnage and Sagesse Dieumica
Seller's Agent
Raymond Staton
Staton Properties, LLC
Buyer's Agent
Homer Hyppolite
Premiere Plus Realty Company
List Price
$309,900
Sold Price
$310,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$570,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,122
Avg. Annual Appreciation
8.97%
Original Mortgage
$304,385
Outstanding Balance
$264,895
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$305,227

Purchase Details

Closed on
Mar 26, 2013
Sold by
Murphy Diana S
Bought by
Murphy Patrick J

Purchase Details

Closed on
Oct 15, 2010
Sold by
Mora Rucildo and Mora Jesus Alberto
Bought by
Murphy Patrick J and Murphy Diana S

Purchase Details

Closed on
Mar 31, 2000
Sold by
Almarl Domingo and Almaral Mary D
Bought by
Mora Rucildo and Mora Jesus Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,025
Interest Rate
8.34%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 1998
Sold by
Eaton Walter H
Bought by
Almaral Domingo and Almaral Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 1996
Sold by
Eaton Walter H and Eaton Pauline K
Bought by
Eaton Walter H
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
Clairmont Sonnage $310,000 Attorney
Murphy Patrick J -- Attorney
Murphy Patrick J $87,492 Attorney
Mora Rucildo $96,700 --
Mora Rucildo $96,700 --
Almaral Domingo $92,500 --
Eaton Walter H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clairmont Sonnage $304,385
Previous Owner Mora Rucildo $92,025
Previous Owner Almaral Domingo $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2018 09/03/18 For Sale $309,900 0.0% --
08/29/2018 08/29/18 Sold $310,000 0.0% --
07/10/2018 07/10/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $309,900 -- --
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 $3,459 $259,346 $130,000 $129,346
2024 $3,468 $311,533 -- --
2023 $3,468 $302,118 $0 $0
2022 $3,315 $283,081 $0 $0
2021 $3,220 $266,194 $0 $0
2020 $3,040 $253,618 $108,996 $144,622
2019 $3,601 $259,031 $116,860 $142,171
2018 $2,895 $202,145 $46,500 $155,645
2017 $1,859 $149,837 $0 $0
2016 $1,743 $140,830 $0 $0
2015 $1,678 $133,421 $0 $0
2014 $1,470 $76,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218044041

Naples Area Board of REALTORS®

APN: 35777560000