NOT LISTED FOR SALE

Estimated Value: $1,465,000 - $1,856,612

4 Beds
3 Baths
1,953 Sq Ft
$880/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $995,000 $509 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $10,407/month

67 Days on Market

Highlights

  • Marina
  • Fishing
  • Wood Flooring
  • Naples Bayside Academy Rated A
  • Dual Staircase
  • No HOA

About This Home

As of October 2014

Rare duplex on a quiet street in one of the nicest parts of Naples. Just steps to the Gold Coast of Alamitos Bay and a short walk to the Long Beach Yacht Club. Front unit is two stories with two bedrooms and one and 3/4 baths and no common walls. Rear unit is all upstairs with two bedroom and one bath. Two single car garages off alley and one carport space on Rafael Walk. Enclosed laundry area accessible by both units. Great opportunity for an owner / investor. Front unit is currently leased - please do not disturb tenant. Rear unit will be vacant Sept 1st and available for showing.

Last Agent to Sell the Property

Christopher Vella

Rossmoor Properties License #01424135 Listed on: 08/30/2014

Last Buyer's Agent

Judy Pierce

Keller Williams Coastal Prop. License #01225804

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,996

Year Built

  • Built in 1965

Lot Details

  • 2,315 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,953 Sq Ft Home
  • 2-Story Property
  • Dual Staircase

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Utilities

  • Space Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 19 / 9
  • Tax Tract Number 5500
  • Assessor Parcel Number 7243029017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Marina
  • Fishing

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Water Sewer Expense $1,200
  • New Taxes Expense $11,500
  • Gross Income $34,100
  • Net Operating Income $34,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,996

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Subdivision Name Other: Naples (NA)
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 7243029017
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Levels: Two
  • Price Per Square Foot: 509.47

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Laundry
  • Heating Type: Space Heater
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2315.00
  • Lot Size Acres: 0.0530

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 34100.00
  • Gross Scheduled Income: 38400.00
  • Insurance Expense: 850.00
  • Lot Size Area: 2315.0000 Square Feet
  • Net Operating Income: 34100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4300.00
  • Rent Control: No
  • Total Actual Rent: 3200.00
  • Waterfront Features: Fishing in Community, Marina in Community

Tax Info

  • New Taxes Expense: 11500.00
  • Tax Block: 9
  • Tax Lot: 19
  • Tax Tract Number: 5500
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2014
Closed on
Sep 8, 2014
Sold by
Mitchell Susan L
Bought by
T & A Sriee Family Trust
Seller's Agent
Christopher Vella
Rossmoor Properties
Buyer's Agent
Judy Pierce
Keller Williams Coastal Prop.
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,718,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,653
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
Apr 18, 2001
Sold by
Donaldson Brian C and Donaldson Karen E
Bought by
Donaldson Brian C
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
T & A Sriee Family Trust $995,000 Chicago Title Company
Donaldson Brian C -- --
Donaldson Brian C -- --
Mitchell Susan L -- --
Donaldson Brian C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $995,000 0.0% $509 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
06/29/2014 06/29/14 For Sale $995,000 -- $509 / 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 $14,996 $1,195,828 $841,290 $354,538
2024 $14,996 $1,172,382 $824,795 $347,587
2023 $14,747 $1,149,395 $808,623 $340,772
2022 $13,821 $1,126,859 $792,768 $334,091
2021 $13,565 $1,104,765 $777,224 $327,541
2019 $13,371 $1,071,999 $754,172 $317,827
2018 $13,033 $1,050,981 $739,385 $311,596
2016 $11,989 $1,010,173 $710,675 $299,498
2015 $11,499 $995,000 $700,000 $295,000
2014 $1,609 $113,555 $67,979 $45,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14136955

California Regional Multiple Listing Service (CRMLS)

APN: 7243-029-017