NOT LISTED FOR SALE

Estimated Value: $1,440,000 - $1,716,000

2 Beds
2 Baths
1,248 Sq Ft
$1,297/Sq Ft Est. Value

Last Sold January 12, 2012

Last sale price $670,000 $537 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $9,960/month

113 Days on Market

Highlights

  • Peek-A-Boo Views
  • Cottage
  • Wood Siding
  • Naples Bayside Academy Rated A
  • Tile Countertops
  • Heating System Uses Natural Gas

About This Home

As of January 2012

Charming vintage one bedroom bungalow with fireplace, remodeled bathroom. Service porch w/gas laundry hook-ups. Rear one bedroom unit is above 2 car detached garage. It features all ceramic tile floors and remodeled bath. Garages have electric openers and 1 has laundry hook-ups. Shared patio between units. Very recent electrical upgraded service to both units to the tune of $6,000.00

Last Agent to Sell the Property

Joseph Vivilacqua

Coldwell Banker Realty License #00351780 Listed on: 08/08/2011

Last Buyer's Agent

Mohsen Shahbani

Coldwell Banker Realty License #01068932

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,533

Year Built

  • Built in 1947

Lot Details

  • 2,418 Sq Ft Lot

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Cottage
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • Fireplace Features Masonry
  • Peek-A-Boo Views
  • Gas Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Range
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 7 / 32
  • Tax Tract Number 1
  • Assessor Parcel Number 7245018030

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $660
  • Water Sewer Expense $600
  • New Taxes Expense $8,700
  • Gross Income $2,745
  • Net Operating Income $27,940

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,533

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • CapRate: 4.02
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 7245018030
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: Two
  • Price Per Square Foot: 536.86

Exterior Features

  • Foundation: Slab
  • View: Peek-A-Boo
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free Standing, Gas Cooking, Disposal, Gas Water Heater, Range, Refrigerator
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2418.00
  • Lot Size Acres: 0.0560

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2745.00
  • Gross Multiplier: 21.10
  • Gross Scheduled Income: 32940.00
  • Insurance Expense: 660.00
  • Lot Size Area: 2418.0000 Square Feet
  • Net Operating Income: 27940.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1
  • Number With Refrigerator: 2
  • Operating Expense: 5000.00

Tax Info

  • New Taxes Expense: 8700.00
  • Tax Area: 5500
  • Tax Block: 32
  • Tax Lot: 7
  • Tax Tract: Peninsula
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Paul David Herrera and Paul Linda Herrera
Bought by
Herrera Sophie Nicole
Current Estimated Value
$1,618,672

Purchase Details

Closed on
Feb 12, 2013
Sold by
Herrera Paul David and Herrera Linda
Bought by
Herrera Paul David and Herrera Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,588
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2011
Closed on
Dec 28, 2011
Sold by
Herrera David and Herrera Linda
Bought by
Paul David & Linda Herrera 2008 Family T
Seller's Agent
Joseph Vivilacqua
Coldwell Banker Realty
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$725,000
Sold Price
$670,000
Premium/Discount to List
-$55,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$502,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2011
Closed on
Nov 28, 2011
Sold by
Gaba Carole Ann and The Bette Mae Gish 2001 Trust
Bought by
Herrera David and Herrera Linda
Seller's Agent
Joseph Vivilacqua
Coldwell Banker Realty
Buyer's Agent
Mohsen Shahbani
Coldwell Banker Realty
List Price
$725,000
Sold Price
$670,000
Premium/Discount to List
-$55,000
-7.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$502,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2003
Sold by
Gish Bette Mae
Bought by
Gish Bette Mae and Bette Mae Gish 2001 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.12%

Purchase Details

Closed on
Nov 26, 2002
Sold by
Gish Bette Mae and The Bette Mae Gish 2001 Trust
Bought by
Gish Bette Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.12%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Cosek Judith Lynn
Bought by
Gish Bette Mae and Bette Mae Gish 2001 Trust

Purchase Details

Closed on
Mar 9, 1999
Sold by
Tebbetts Family Trust and Lee A
Bought by
Gish Bette Mae and Gaba Harold E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.94%
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
Herrera Sophie Nicole -- None Listed On Document
Herrera Paul David -- None Available
Herrera Paul David -- None Available
Paul David & Linda Herrera 2008 Family T -- Accommodation
Herrera David $670,000 Fidelity National Title Co
Gish Bette Mae -- --
Gish Bette Mae -- Equity Title
Gish Bette Mae -- --
Gish Bette Mae -- --
Gish Bette Mae -- --
Gish Bette Mae $355,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Paul David $496,588
Previous Owner Herrera David $502,500
Previous Owner Gish Bette Mae $208,000
Previous Owner Gish Bette Mae $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2012 01/12/12 Sold $670,000 -7.6% $537 / Sq Ft
11/29/2011 11/29/11 Pending -- -- --
08/08/2011 08/08/11 For Sale $725,000 -- $581 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $16,533 $1,326,000 $861,900 $464,100
2024 $16,533 $1,300,000 $845,000 $455,000
2023 $10,464 $808,871 $573,454 $235,417
2022 $9,817 $793,011 $562,210 $230,801
2021 $9,627 $777,463 $551,187 $226,276
2020 $9,603 $769,492 $545,536 $223,956
2019 $9,490 $754,405 $534,840 $219,565
2018 $9,234 $739,613 $524,353 $215,260
2016 $8,499 $710,895 $503,993 $206,902
2015 $8,153 $700,218 $496,423 $203,795
2014 $8,093 $686,502 $486,699 $199,803
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P792161

California Regional Multiple Listing Service (CRMLS)

APN: 7245-018-030