NOT LISTED FOR SALE

2464 47th St SW Naples, FL 34116

Estimated Value: $550,270 - $726,000

5 Beds
4 Baths
-- Sq Ft
0.27 Acres

Last Sold October 29, 2014

Last sale price $250,000

Est. 145% increase in value since last sale

Current estimated payment $3,696/month

30 Days on Market

About This Home

As of October 2014

Attention Investors! Two income-producing rental units in great condition, situated on a large corner lot. Extra Large units -- one unit has 3 Bedrooms/2 Baths and other unit has 2 Bedrooms/2 Baths and an attached garage. Each unit has tile throughout, a Lanai, newer A/C condensers, laundry in residence, newer Ranges. Refrigerators, Dishwashers, Washers and Dryers. This property is steps from shopping, community center and restaurants. Rents very quickly because high demand for this location!

Last Agent to Sell the Property

Vivian Ferreira

Premiere Plus Realty Company Listed on: 08/29/2014

Premiere Plus Realty Company

Last Buyer's Agent

Dennis Kwong

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $5,225

Year Built

  • 2001

Lot Details

  • Property is zoned 8 Multi Fam less than 10 units

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access, long distance telephone, security

Community Details

Overview

  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,421
  • Net Operating Income $18,179

Property Details

Home Type

Other

Est. Annual Taxes

$5,225

Year Built

2001

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 3 BLK 82 LOT 1
  • Special Features: None
  • Year Built: 2001

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Patio, Storage
  • Construction: Concrete Block
  • Exterior Features: Patio, Storage
  • Exterior Finish: Stucco
  • Irrigation: Well
  • Windows: Single Hung

Utilities

  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan
  • Heating: Central Electric
  • Sewer: Septic
  • Water: Softener, Well

Condo/Co-op/Association

  • Amenities: Extra Storage, Sidewalk, Streetlight, Vehicle Wash Area
  • Community Type: Non-Gated
  • Sub Condo Name: GOLDEN GATE CITY

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed

Lot Info

  • Lot Description: Corner, Oversize
  • Lot Dimensions: 125 X 95
  • Lot Back: 125
  • Lot Frontage: 125
  • Lot Left: 95
  • Lot Right: 95
  • Lot Unit: 1
  • Section: 27
  • Zoning Code: 8 Multi Fam less than 10 units

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access, Long Distance Telephone, Security

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 21600.00
  • Annual Expenses: 3421.24
  • Annual Net Operating Income: 18178.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2014
Closed on
Oct 28, 2014
Sold by
Dcj Properties Llc
Bought by
Tan Jian Zhong and Tan Phan Lee F
Seller's Agent
Vivian Ferreira
Premiere Plus Realty Company
Buyer's Agent
Dennis Kwong
Premiere Plus Realty Company
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%
Current Estimated Value
$612,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,818
Avg. Annual Appreciation
8.56%
Original Mortgage
$150,000
Outstanding Balance
$116,122
Interest Rate
4.29%
Mortgage Type
Commercial
Estimated Equity
$496,696

Purchase Details

Closed on
Jan 26, 2009
Sold by
Us Bank National Association
Bought by
Dcj Properties Llc

Purchase Details

Closed on
May 13, 2008
Sold by
Eugene Louise P and Not Provided Maria C
Bought by
Us Bank Na

Purchase Details

Closed on
Jan 25, 2006
Sold by
Robertson Blane A and Roth Robertson Victoria
Bought by
Eugene Louise P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
9.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2005
Sold by
Mejia Raul
Bought by
Robertson Blane A and Roth Robertson Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 2001
Sold by
Hernandez Noe and Hermandez Elba
Bought by
Mejia Raul

Purchase Details

Closed on
Jul 26, 2000
Sold by
Ramos Raul
Bought by
Hernandez Elba and Hernandez Noe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,896
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 3, 2000
Sold by
Cruz Frank and Cruz Francisca N
Bought by
Ramos Raul
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
Tan Jian Zhong $250,000 Attorney
Dcj Properties Llc $109,250 Sunbelt Title Agency
Us Bank Na -- None Available
Eugene Louise P $365,000 Island Title Guaranty Agency
Robertson Blane A $285,000 --
Mejia Raul -- --
Hernandez Elba $21,000 --
Ramos Raul $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Jian Zhong $150,000
Previous Owner Eugene Louise P $346,750
Previous Owner Robertson Blane A $228,000
Previous Owner Hernandez Elba $158,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2014 10/29/14 Sold $250,000 -10.4% --
09/28/2014 09/28/14 Pending -- -- --
08/29/2014 08/29/14 For Sale $279,000 -- --
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 $5,225 $361,625 $155,480 $206,145
2024 $5,172 $426,811 -- --
2023 $5,172 $388,010 $0 $0
2022 $4,840 $352,736 $0 $0
2021 $4,564 $320,669 $0 $0
2020 $4,099 $291,517 $0 $0
2019 $3,674 $265,015 $108,316 $156,699
2018 $3,428 $244,327 $0 $0
2017 $3,149 $222,115 $55,039 $167,076
2016 $3,055 $215,293 $0 $0
2015 $2,814 $195,721 $0 $0
2014 $2,142 $129,639 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 214047651

Naples Area Board of REALTORS®

APN: 35981480002