NOT LISTED FOR SALE

1991 Sunshine Blvd Naples, FL 34116

Estimated Value: $594,333 - $665,000

6 Beds
3 Baths
-- Sq Ft
0.34 Acres

Last Sold September 08, 2016

Last sale price $312,000

Est. 101% increase in value since last sale

Current estimated payment $3,867/month

19 Days on Market

About This Home

As of September 2016

Incredible opportunity!!! Cash Flow Cow always rented Triplex in Golden Gate City. New roof in 12/14/2012. Featuring 3 units each consisting of 2 bedrooms, 1 bathroom, kitchen, living room and a concrete patio. CITY water. Each unit has its own laundry room. Each unit is 850 sft in AC. Central AC. New AC's in 2012. Close to shops, restaurants, beaches and supermarkets. Walking distance to stores and more. Offered in AS IS condition with right to inspect.

Last Agent to Sell the Property

Juan Romano

Premiere Plus Realty Company License #NAPLES-278523511 Listed on: 07/14/2016

Premiere Plus Realty Company

Last Buyer's Agent

Peter Bobris

Florida Gulfshore Realty License #NAPLES-249523580

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,174

Year Built

  • 1980

Lot Details

  • 0.34

Home Design

  • Triplex

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone

Community Details

Overview

  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,867
  • Net Operating Income $23,733

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,174

Year Built

1980

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 4 BLK 140 LOT 24
  • Building Design: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Flooring: Laminate, Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Patio
  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Windows: Casement, Jalousie, Single Hung

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Sewer: Septic
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: GOLDEN GATE CITY

Association/Amenities

  • Units in Building: 3
  • Pets: No Approval Needed
  • Development: Golden Gate City

Lot Info

  • Lot Description: Oversize
  • Lot Dimensions: 120 X 125
  • Lot Back: 120
  • Lot Frontage: 120
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 24
  • Section: 22
  • Zoning Code: RMF-12

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 3
  • Gross Rental Income: 27600.00
  • Annual Expenses: 3867.00
  • Annual Net Operating Income: 23733.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 7, 2016
Sold by
Halex Corporation A Florida
Bought by
Ruiz Guerrero Guillermo
Seller's Agent
Juan Romano
Premiere Plus Realty Company
Buyer's Agent
Peter Bobris
Florida Gulfshore Realty
List Price
$365,000
Sold Price
$312,000
Premium/Discount to List
-$53,000
-14.52%
Current Estimated Value
$627,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,401
Avg. Annual Appreciation
8.14%
Original Mortgage
$300,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 25, 2015
Closed on
Jan 8, 2016
Sold by
Pink House Properties Llc
Bought by
Halex Corporation
Seller's Agent
Juan Romano
Premiere Plus Realty Company
Buyer's Agent
Juan Romano
Premiere Plus Realty Company
List Price
$277,500
Sold Price
$260,000
Premium/Discount to List
-$17,500
-6.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.75%
Original Mortgage
$450,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2011
Sold by
Maddox Rebecca J and Maddox Rebecca
Bought by
Pink House Properties Llc

Purchase Details

Closed on
Aug 12, 2009
Sold by
Us Bank National Association
Bought by
Maddox Rebecca and Maddox Thomas

Purchase Details

Closed on
May 4, 2009
Sold by
Barba Jorge E
Bought by
Us Bank National Association

Purchase Details

Closed on
Dec 21, 2005
Sold by
Perez Walter and Perez Edith
Bought by
Barba Jorge E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,850
Interest Rate
10.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2002
Sold by
Knutson Douglas M
Bought by
Perez Walter and Perez Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2001
Sold by
Roberts Newville O
Bought by
Knutson Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 29, 1998
Sold by
Watral Irene E
Bought by
Roberts Newville O
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
Ruiz Guerrero Guillermo $312,000 Stewart Title Co
Halex Corporation $600,000 Naples Title Inc
Halex Corporation $600,000 Naples Title Inc
Pink House Properties Llc -- Attorney
Maddox Rebecca $100,000 Attorney
Us Bank National Association -- None Available
Barba Jorge E $426,500 Town & Country
Perez Walter $205,000 --
Knutson Douglas M $165,000 --
Roberts Newville O $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz-Guerrero Guillermo $576,000
Closed Ruiz Guerrero Guillermo $280,750
Closed Ruiz Guerrero Guillermo $300,000
Previous Owner Halex Corporation $450,000
Previous Owner Maddox Rebecca $125,000
Previous Owner Barba Jorge E $383,850
Previous Owner Perez Walter $164,000
Previous Owner Knutson Douglas M $253,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $312,000 -14.5% --
08/02/2016 08/02/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $365,000 +40.4% --
01/05/2016 01/05/16 Sold $260,000 -6.3% --
12/06/2015 12/06/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $277,500 -- --
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 $5,174 $407,594 $0 $0
2022 $4,942 $376,695 $0 $0
2021 $4,581 $348,425 $0 $0
2020 $4,203 $323,990 $0 $0
2019 $3,869 $300,873 $0 $0
2018 $4,438 $311,039 $75,330 $235,709
2017 $3,284 $260,850 $55,800 $205,050
2016 $3,121 $208,453 $0 $0
2015 $2,523 $129,212 $0 $0
2014 $2,257 $117,465 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216045567

Naples Area Board of REALTORS®

APN: 36126880000