NOT LISTED FOR SALE

25 Cypress St Unit 27 North Fort Myers, FL 33903

Estimated Value: $203,000 - $304,000

4 Beds
2 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $35,000

Est. 593% increase in value since last sale

Current estimated payment $1,583/month

69 Days on Market

Highlights

  • Oversized Lot
  • Wood Siding
  • No Heating
  • North Fort Myers High School Rated A

About This Home

As of May 2020

****ATTENTION INVESTORS**** Motivated Seller looking to offload an amazing investor special. Seller has taken the first step for you and the permit to rehab this little gem is already pulled and signed and sealed architectural drawings come with the sale! This property was damaged from the hurricane and was in jeopardy of being demolished by the county but was saved by the seller and now the permit that's in place will see to it that it will be a treasure once restored that brightens the community for years to come! This fixer upper is conveniently located just over the bridge from downtown Ft Myers and on a street that is being completely overhauled by the seller so your property value will skyrocket once his other projects are finished! The new floor plan * allows for two 2-bedroom 1-bathroom units and on a huge lot! This duplex is in need of a full rehab. However, it is priced just right to allow for instant equity once rehabbed. Call today for your private showing as this property will not be on the market for long!

Last Agent to Sell the Property

Lisa Maglione-Chenaut

A & J Realty Group LLC License #252011671 Listed on: 02/19/2020

Last Buyer's Agent

Jaime Taveras

Call It Closed Intl Realty License #258025568

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1944

Lot Details

  • 5,663 Sq Ft Lot
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Single Hung Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Community Details

  • Pets Allowed

Listing and Financial Details

  • Legal Lot and Block 6 / O
  • Assessor Parcel Number 11-44-24-01-000P0.0060

Property Details

Home Type

Multi-Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: NOT APPLICABLE
  • Directions: cypress st
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1944
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, See Remarks, Wood Siding
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 11-44-24-01-000P0.0060
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Tax Info

  • Tax Annual Amount: 1077.0
  • Tax Block: O
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2023
Sold by
Ramirez Erika
Bought by
Kobayashi Karina Pereira
Current Estimated Value
$242,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Outstanding Balance
$209,547
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$33,120

Purchase Details

Closed on
Feb 2, 2023
Sold by
Tko Investments Inc
Bought by
Ramirez Erika

Purchase Details

Closed on
Aug 4, 2020
Sold by
Jaime Taveras Of Upward Properties Llc and Upward Properties Llc
Bought by
Tko Investments Inc

Purchase Details

Listed on
Feb 19, 2020
Closed on
May 29, 2020
Sold by
London S Future Holdings Llc
Bought by
Upward Properties Llc
Seller's Agent
Lisa Maglione-Chenaut
A & J Realty Group LLC
Buyer's Agent
Jaime Taveras
Call It Closed Intl Realty
List Price
$50,000
Sold Price
$35,000
Premium/Discount to List
-$15,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.94%

Purchase Details

Closed on
Oct 8, 2019
Sold by
Decanes Holdings Llc
Bought by
Londons Future Holdings Llc

Purchase Details

Closed on
Nov 29, 2018
Sold by
Stonegate Properties Llc
Bought by
Decanes Holdings Llc

Purchase Details

Closed on
Dec 28, 2017
Sold by
Red Brick Development Inc
Bought by
Stonegate Proeprties Llc

Purchase Details

Closed on
Jun 10, 2015
Sold by
Ahmadi Abdalrahim
Bought by
Barbour Real Estate Llc

Purchase Details

Closed on
Oct 10, 2014
Sold by
Susanno Rocco
Bought by
Ahmadi Abdalrahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.15%
Mortgage Type
Seller Take Back
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
Kobayashi Karina Pereira $285,000 Fidelity Title
Ramirez Erika $2,880 Title Specialists
Tko Investments Inc $100 None Available
Upward Properties Llc $35,000 Omega National Ttl Agcy Llc
Londons Future Holdings Llc $24,000 Omega Title Llc
Decanes Holdings Llc $25,000 Patriot Title Serivces Llc
Stonegate Proeprties Llc $32,500 Lyons Title & Trust
Red Brick Developments Inc $20,000 Lyons Title & Trust
Barbour Real Estate Llc $43,500 Attorney
Ahmadi Abdalrahim $200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kobayashi Karina Pereira $213,750
Previous Owner Ahmadi Abdalrahim $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $35,000 -30.0% --
04/29/2020 04/29/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $50,000 -- --
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 $3,670 $228,568 -- --
2024 $3,670 $207,789 $12,100 $195,689
2023 $166 $11,388 $11,378 $10
2022 $1,134 $31,229 $0 $0
2021 $985 $30,014 $6,678 $23,336
2020 $1,062 $35,122 $5,724 $29,398
2019 $1,077 $37,284 $2,862 $34,422
2018 $1,651 $72,547 $2,862 $69,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220014278

Florida Gulf Coast Multiple Listing Service

APN: 11-44-24-01-000P0.0060