NOT LISTED FOR SALE

2431 Washington Ave Naples, FL 34112

East Naples Neighborhood

Estimated Value: $437,000 - $564,000

5 Beds
3 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold June 15, 2015

Last sale price $250,000

Est. 99% increase in value since last sale

Current estimated payment $2,844/month

64 Days on Market

About This Home

As of June 2015

About 2431 Washington Ave Naples, FL 34112
At 2431 Washington Ave in Naples, find your new home. The premium Washington Ave setting in the 34112 area of Naples is a great place to move to. Here at this community, the professional leasing team is available to assist you in finding your perfect new home. Be sure to check out the apartment floorplan options. Stop by the leasing office to find out the current pricing.
2431 Washington Ave is an apartment community located in Collier County and the 34112 ZIP Code. This area is served by the Collier attendance zone.

Last Agent to Sell the Property

Keith Sipnick

Premiere Plus Realty Company Listed on: 03/13/2015

Premiere Plus Realty Company

Co-Listed By

Toni Stout

Premiere Plus Realty Company

Last Buyer's Agent

Keith Sipnick

Premiere Plus Realty Company Listed on: 03/13/2015

Premiere Plus Realty Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,875

Year Built

  • 1969

Lot Details

  • Property is zoned RMF-6

Listing and Financial Details

  • Tenant pays for application fee, cable, full telephone, internet access, security

Community Details

Overview

  • Inomah Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $7,640
  • Net Operating Income $19,960

Property Details

Home Type

Other

Est. Annual Taxes

$2,875

Year Built

1969

Lot Details

0

Listing Details

  • Legal Description: INOMAH BLK A LOT 21 LESS R/W
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Flooring: Terrazzo

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fence, Patio
  • Construction: Concrete Block
  • Exterior Features: Fence, Patio
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Road: Paved Road, Public Road
  • Windows: Single Hung

Utilities

  • Cooling: Ceiling Fans, Exhaust Fan, Wall Unit
  • Heating: Wall Unit
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: INOMAH

Association/Amenities

  • Units in Building: 3
  • Pets: With Approval

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 60 X 120
  • Lot Back: 60
  • Lot Frontage: 60
  • Lot Left: 120
  • Lot Right: 120
  • Lot Unit: 21
  • Section: 11
  • Zoning Code: RMF-6

Rental Info

  • Tenant Pays: Application Fee, Cable, Full Telephone, Internet Access, Security

Tax Info

  • Tax Description: County Only, No Homestead

Multi Family

  • Unit Count: 3
  • Gross Operating Income: 27600.00
  • Gross Rental Income: 27600.00
  • Annual Expenses: 7640.00
  • Annual Net Operating Income: 19960.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2017
Sold by
Shrianth Ji Inv Llc
Bought by
2431 Washoton Ave Llc
Current Estimated Value
$497,585

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jun 15, 2015
Sold by
Land Trust Service Corporation
Bought by
Shrinathji Inv Llc
Seller's Agent
Keith Sipnick
Premiere Plus Realty Company
Buyer's Agent
Keith Sipnick
Premiere Plus Realty Company
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Listed on
Mar 27, 2014
Closed on
Oct 16, 2014
Sold by
Drop Shot Llc
Bought by
2431 Washington Ave Land Trust
Seller's Agent
Pamela Watson
Downing Frye Realty Inc.
Buyer's Agent
Keith Sipnick
Premiere Plus Realty Company
List Price
$170,000
Sold Price
$175,000
Premium/Discount to List
$5,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.67%
Original Mortgage
$150,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2005
Sold by
Despain Dennis and Despain Susan
Bought by
Drop Shot Llc

Purchase Details

Closed on
Mar 28, 2001
Sold by
Despain Dennis and Despain Dennis R
Bought by
Despain Dennis and Despain Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,536
Interest Rate
7.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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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
2431 Washoton Ave Llc -- Attorney
Shrinathji Inv Llc $250,000 Attorney
2431 Washington Ave Land Trust $175,000 Attorney
Drop Shot Llc $400,000 Gulfshore Title Co
Despain Dennis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 2431 Washington Ave Land Trust $150,000
Previous Owner Despain Dennis $97,536
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2024 10/22/24 Off Market $2,200 -- --
10/08/2024 10/08/24 Off Market $2,200 -- --
09/19/2024 09/19/24 For Rent $2,200 0.0% --
09/18/2024 09/18/24 For Rent $2,200 0.0% --
06/15/2015 06/15/15 Sold $250,000 -9.1% --
05/16/2015 05/16/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $275,000 +57.1% --
10/17/2014 10/17/14 Sold $175,000 +2.9% -- View Prior Sale
05/23/2014 05/23/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $170,000 -- --
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
2025 $2,875 $181,790 -- --
2024 $2,995 $165,264 -- --
2023 $2,995 $150,240 $0 $0
2022 $2,390 $136,582 $0 $0
2021 $2,097 $124,165 $93,840 $30,325
2020 $2,070 $124,165 $93,840 $30,325
2019 $2,381 $150,570 $0 $0
2018 $2,264 $136,882 $0 $0
2017 $2,099 $124,438 $0 $0
2016 $1,872 $113,125 $0 $0
2015 $1,402 $71,725 $0 $0
2014 -- $61,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Sipnick

    Seller's Agent in 2015

    Keith Sipnick

    Premiere Plus Realty Company

    (239) 572-4151

    2 in this area

    43 Total Sales

    Keith Sipnick
    Section Image
  • Toni Stout

    Seller Co-Listing Agent in 2015

    Toni Stout

    Premiere Plus Realty Company

    (239) 285-1404

    1 in this area

    29 Total Sales

    Toni Stout
    Section Image

  • P

    Seller's Agent in 2014

    Pamela Watson

    Downing Frye Realty Inc.

    (239) 261-2244

    2 Total Sales

    Pamela Watson
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 215016158

Naples Area Board of REALTORS®

APN: 51690520004

Florida Collier County Naples 34112 East Naples

2431 Washington Ave, Naples, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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