NOT LISTED FOR SALE

Estimated Value: $388,000 - $527,000

4 Beds
3 Baths
2,430 Sq Ft
$184/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $350,000 $144 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,955/month

218 Days on Market

Highlights

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

About This Home

As of February 2024

TRIPLEX Downtown off Mc Gregor Blvd.!! Small house & Duplex with fenced back yard and Oak tree shaded yard and patio. Storage shed also. NEW ROOF 2021!!! Rents are LOW, in process of increasing rents. L/O has projected APOD, ROCI and CASH flow analysis. (attached to listing) Seller has just had the duplex treated for termites (warranty available) ***SELLER FINANCING!!*** Wrap Around Mtg @ 6% with $99,500 DOWN!! to Balloon in 5 years.

Last Agent to Sell the Property

Larry Simons

Home Hunters USA, Inc License #258000109 Listed on: 07/11/2023

Last Buyer's Agent

Gidget Jackson

RE/MAX Realty Group License #252010782

RE/MAX Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 1949

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 130 x 100 x 130
  • Fenced
  • Oversized Lot
  • Rectangular Lot

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Rolled or Hot Mop Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,430 Sq Ft Home
  • 1-Story Property
  • Awning
  • Single Hung Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for credit check, cable TV, departure cleaning, electricity
  • Legal Lot and Block 1 / E
  • Assessor Parcel Number 23-44-24-P2-0160E.0010

Community Details

Overview

  • 3 Units
  • Altamont Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $9,700
  • Net Operating Income $26,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,900

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.298
  • Lot Size: 100 x 130 x 100 x 130
  • Road Surface Type: Paved
  • Subdivision Name: ALTAMONT PARK
  • Directions: McGregor Blvd, East on Victoria, South on Clifford St. Property corner of Clifford & Lafayette.
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Triplex
  • Year Built: 1949
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot, Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stone, Wood Siding, Wood Frame
  • Exterior Features: Fence, Patio, Awning(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Rolled/Hot Mop, Shingle

Utilities

  • Cooling: Central Air, Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 23-44-24-P2-0160E.0010
  • Zoning Description: PO
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Credit Check, Cable TV, Departure Cleaning, Electricity

Multi Family

  • Number Of Units Total: 3
  • Property Net Operating Income: 26840.0
  • Annual Operating Expense: 9700.0

Tax Info

  • Tax Annual Amount: 5900.0
  • Tax Block: E
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Feb 15, 2024
Sold by
Fresh Florida Properties Llc
Bought by
Jackson Gidget
Seller's Agent
Larry Simons
Home Hunters USA, Inc
Buyer's Agent
Gidget Jackson
RE/MAX Realty Group
List Price
$399,500
Sold Price
$350,000
Premium/Discount to List
-$49,500
-12.39%
Views
175
Current Estimated Value
$446,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,667
Avg. Annual Appreciation
16.92%
Original Mortgage
$245,000
Outstanding Balance
$241,140
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$205,527

Purchase Details

Listed on
Jun 30, 2021
Closed on
Oct 25, 2021
Sold by
Norton Gayle M and Lou B Sand Trust
Bought by
Fresh Florida Properties Llc
Seller's Agent
Larry Simons
Home Hunters USA, Inc
Buyer's Agent
Larry Simons
List Price
$295,000
Sold Price
$288,500
Premium/Discount to List
-$6,500
-2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$219,080
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 1994
Sold by
Bills Mary B and Bills Norman G
Bought by
Send Lou B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,900
Interest Rate
9.01%
Mortgage Type
Commercial
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
Jackson Gidget $350,000 Title Guaranty
Fresh Florida Properties Llc $288,500 Title Guaranty Agency Inc
Send Lou B $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Gidget $245,000
Previous Owner Fresh Florida Properties Llc $219,080
Previous Owner Send Lou B $38,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Pending -- -- --
02/15/2024 02/15/24 Sold $350,000 -10.1% $144 / Sq Ft
11/16/2023 11/16/23 Price Changed $389,500 -2.5% $160 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
09/29/2023 09/29/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $399,500 0.0% $164 / Sq Ft
08/24/2023 08/24/23 For Sale $399,500 0.0% $164 / Sq Ft
07/25/2023 07/25/23 Price Changed $399,500 -9.1% $164 / Sq Ft
07/11/2023 07/11/23 For Sale $439,500 +52.3% $181 / Sq Ft
10/29/2021 10/29/21 Sold $288,500 -2.2% $119 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $295,000 -- $121 / 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
2024 $6,480 $219,472 -- --
2023 $4,912 $199,520 $64,880 $130,680
2022 $6,172 $276,147 $32,800 $235,871
2021 $3,351 $155,257 $32,800 $122,457
2020 $2,906 $126,776 $32,800 $93,976
2019 $2,805 $127,583 $32,800 $94,783
2018 $2,541 $96,090 $32,800 $63,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223050673

Florida Gulf Coast Multiple Listing Service

APN: 23-44-24-P2-0160E.0010