NOT LISTED FOR SALE

2034 Waltman St Fort Myers, FL 33901

Estimated Value: $295,181 - $425,000

4 Beds
4 Baths
2,112 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $216,500 $103 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,248/month

12 Days on Market

Highlights

  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring
  • Wall Furnace
  • Fort Myers High School Rated A
  • Awning

About This Home

As of April 2018

Very well maintained property. 2 duplexes on same parcel. All units are 1 bedroom 1 bath. Long term tenants. New roof in 2013, also have wind mitigation report and 4 point inspection docs. All units are in very good condition with no repairs needed. Quiet area. Easy to manage. Great property for a first time investor or added to an existing portfolio. These type properties do not come on the market often, don't let this one get away.

Last Agent to Sell the Property

Steve Wood

Venture Realty & Investments License #258004155 Listed on: 03/01/2018

Last Buyer's Agent

Anthony Mansolillo

NAI Realty License #249501486

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1972

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 100 x 80 x 100 x 80

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,112 Sq Ft Home
  • Awning
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 3 / E
  • Assessor Parcel Number 25-44-24-P1-0350E.0030

Community Details

Overview

  • 4 Units
  • The Palms Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,780
  • Net Operating Income $20,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,580

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.18
  • Lot Size: 100 x 80 x 100 x 80
  • Subdivision Name: THE PALMS
  • Directions: North on 41 to Hanson St. Turn right go to Grand Ave, turn left. Take first left on Waltman, units are on left side of the street.
  • Architectural Style: Duplex
  • Structure Type: Quadruplex, Duplex
  • Year Built: 1972
  • Property Sub Type Additional: Duplex,Quadruplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: See Remarks
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Awning(s)
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 25-44-24-P1-0350E.0030
  • Zoning Description: RS-6
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 20160.0
  • Annual Operating Expense: 3780.0

Tax Info

  • Tax Annual Amount: 2580.0
  • Tax Block: E
  • Tax Lot: 3
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 13, 2018
Sold by
Ruby Constance A
Bought by
2034 2040 Waltman Street Llc
Seller's Agent
Steve Wood
Venture Realty & Investments
Buyer's Agent
Anthony Mansolillo
NAI Realty
List Price
$239,000
Sold Price
$216,500
Premium/Discount to List
-$22,500
-9.41%
Current Estimated Value
$340,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,295
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Cendant Mtg Corp
Bought by
Ruby Constance A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,800
Interest Rate
8.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 1998
Sold by
Grabowski Elsie F and Covey Elsie F
Bought by
Schultz Karl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,271
Interest Rate
6.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
2034 2040 Waltman Street Llc $216,500 Atlas Title Of S W Fl Inc
Ruby Constance A $73,500 --
Schultz Karl A $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ruby Constance A $58,800
Previous Owner Schultz Karl A $76,271
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $216,500 -9.4% $103 / Sq Ft
03/14/2018 03/14/18 Pending -- -- --
03/01/2018 03/01/18 For Sale $239,000 -- $113 / 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 $5,563 $154,058 -- --
2024 $4,425 $140,053 -- --
2023 $4,425 $127,321 $0 $0
2022 $4,142 $115,746 $0 $0
2021 $3,899 $105,224 $9,588 $95,636
2020 $3,388 $98,524 $7,200 $91,324
2019 $3,286 $93,670 $3,400 $90,270
2018 $2,766 $89,625 $3,400 $86,225
2017 $2,676 $85,600 $3,400 $82,200
2016 $2,580 $81,028 $4,502 $76,526
2015 $2,314 $70,609 $4,011 $66,598
2014 $1,868 $43,864 $3,536 $40,328
2013 -- $34,075 $3,713 $30,362
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steve Wood

    Venture Realty & Investments

    Section Image

  • A

    Buyer's Agent in 2018

    Anthony Mansolillo

    NAI Realty

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218015183

Florida Gulf Coast Multiple Listing Service

APN: 25-44-24-P1-0350E.0030

Florida Lee County Fort Myers 33901

2034 Waltman St, Fort Myers, FL

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