NOT LISTED FOR SALE

Estimated Value: $501,751 - $665,000

2 Beds
-- Bath
-- Sq Ft
5,663 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $307,500

Est. 84% increase in value since last sale

Current estimated payment $3,543/month

29 Days on Market

Highlights

  • Bike Room
  • Jalousie or louvered window
  • Storage
  • Lake Park Elementary School Rated A
  • Concrete Block With Brick
  • Tile Flooring

About This Home

As of April 2020

Great opportunity to own a income producing property close to downtown Naples. Walk or ride a bike to the beach. Both sides of the duplex have one bed and one bath. Both fully rented on month to month leases.
1740 Smugglers Cove right next door is also available. Nice location for future development also.

Last Agent to Sell the Property

Carl Lohmann Jr

William Raveis Real Estate License #NAPLES-452506053 Listed on: 02/18/2020

William Raveis Real Estate

Last Buyer's Agent

Tony Dedio

Naples Trust Real Estate Servi License #NAPLES-249513218

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1969

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions: 60
  • Fenced
  • Paved or Partially Paved Lot

Home Design

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

Interior Spaces

  • 2 Bedrooms
  • 1-Story Property
  • Jalousie or louvered window
  • Single Hung Windows
  • Storage
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, long distance telephone
  • Assessor Parcel Number 00389320003

Community Details

Overview

  • 2 Units
  • Acreage Header Condos

Amenities

  • Bike Room

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $500
  • Net Operating Income $20,122

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,731

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Legal Description: 11 50 25 PARCEL "B" DESC AS: COMM AT INTERSECTION OF E R/W LI OF SANDPIPER ST WITH S LI OF NW1/4 OF SW1/4 OF NW1/4 OF
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.132942$-81.78198600000002$215.37$13.33$1.00$Y0URXX_GzoFEXiekKd-RgA
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch, Duplex
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 2
  • Flooring: Tile
  • Windows: Jalousie, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • Exterior Features: Fence, 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: Acreage Header
  • Amenities: Bike Storage, Shopping, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: ACREAGE HEADER

Lot Info

  • Lot Back: 60
  • Lot Frontage: 60
  • Lot Left: 110
  • Lot Right: 110
  • Section: 11
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.1300
  • Lot Description: Regular
  • Lot Dimensions: 60 X 110
  • Parcel Number: 00389320003

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Long Distance Telephone

Tax Info

  • Tax Description: City And County
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 2731.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 24000.00
  • Annual Expenses: 500.00
  • Annual Net Operating Income: 20122.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2022
Sold by
J & M Of Sw Florida Llc
Bought by
J & M Of Sw Florida 2020 Llc
Total Days on Market
29
Current Estimated Value
$565,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Outstanding Balance
$213,639
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$462,009

Purchase Details

Closed on
Nov 8, 2021
Sold by
Athas John
Bought by
J & M Of Sw Florida Llc

Purchase Details

Listed on
Feb 18, 2020
Closed on
Apr 24, 2020
Sold by
Heiser Sharon
Bought by
Athas John
Seller's Agent
Carl Lohmann Jr
William Raveis Real Estate
Buyer's Agent
Tony Dedio
Naples Trust Real Estate Servi
List Price
$319,900
Sold Price
$307,500
Premium/Discount to List
-$12,400
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
Original Mortgage
$230,625
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Heiser Sharon
Bought by
Heiser Sharon

Purchase Details

Closed on
Jul 14, 2011
Sold by
Huvaere Beatrice M
Bought by
Huvaere Beatrice M

Purchase Details

Closed on
May 5, 2000
Sold by
Yerger Daniel L and Yerger Betty S
Bought by
Huvaere Robert C and Huvaere Beatrice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.28%
Source: Public Records

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Range of Values:

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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
J & M Of Sw Florida Llc -- None Available
Athas John $307,500 Attorney
Heiser Sharon -- Attorney
Huvaere Beatrice M -- Attorney
Huvaere Robert C $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Of Sw Florida 2020 Llc $226,800
Previous Owner Athas John $230,625
Previous Owner Huvaere Robert C $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Sold $307,500 -3.9% --
03/18/2020 03/18/20 Pending -- -- --
02/18/2020 02/18/20 For Sale $319,900 -- --
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
2023 $4,561 $372,321 $0 $0
2022 $4,502 $338,474 $0 $0
2021 $3,966 $307,704 $242,880 $64,824
2020 $3,049 $201,291 $0 $0
2019 $2,776 $182,992 $0 $0
2018 $2,731 $166,356 $0 $0
2017 $2,148 $151,233 $94,810 $56,423
2016 $2,165 $153,569 $0 $0
2015 $2,048 $139,608 $0 $0
2014 $1,862 $126,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220013620

Naples Area Board of REALTORS®

APN: 00389320003