NOT LISTED FOR SALE

2561 47th Terrace SW Naples, FL 34116

Estimated Value: $356,000 - $605,000

4 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold November 28, 2018

Last sale price $312,500

Est. 66% increase in value since last sale

Current estimated payment $3,157/month

3 Days on Market

Highlights

  • Concrete Block With Brick
  • 1-Story Property
  • Central Air
  • Tile Flooring

About This Home

As of November 2018

Great Duplex in a Great location featuring 2 bedrooms and 2 bathrooms on each side. Left side was just renovated with granite counters & new appliances, & tile throughout entire property. Property is built out of concrete block and is on well and septic. Golden Gate City is centrally located to all the amenities Naples has to offer and has no HOA dues or restrictions.

Last Agent to Sell the Property

Kendra Hoefs

Realty One Group MVP License #NAPLES-251502008 Listed on: 09/10/2018

Last Buyer's Agent

G. Scott Hamrick

Berkshire Hathaway FL Realty License #BEAR-3238200

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,117

Year Built

  • Built in 1983

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 35985800002
  • Tax Block 85

Community Details

Overview

  • 2 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,117

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 3 BLK 85 LOT 27
  • Property Type: Residential Income
  • Table: Residential Income
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Sewer: Septic
  • Water: Well

Association/Amenities

  • Pets: No Approval Needed
  • Development: Golden Gate City
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: GOLDEN GATE CITY

Lot Info

  • Lot Unit: 27
  • Section: 28
  • Waterfront: No
  • Zoning Code: R
  • Acres: 0.2300
  • Lot Description: Regular
  • Parcel Number: 35985800002

Tax Info

  • Tax Description: No Homestead
  • Taxes: 2117.00

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Nov 27, 2018
Sold by
Florida Rental Specialists Llc
Bought by
Gress Christian
Seller's Agent
Kendra Hoefs
Realty One Group MVP
Buyer's Agent
G. Scott Hamrick
Berkshire Hathaway FL Realty
List Price
$319,500
Sold Price
$312,500
Premium/Discount to List
-$7,000
-2.19%
Current Estimated Value
$520,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,702
Avg. Annual Appreciation
7.82%
Original Mortgage
$250,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2012
Sold by
Smith Arthur F and Smith Karyn
Bought by
Florida Rental Specialists Llc

Purchase Details

Closed on
Jul 2, 1997
Sold by
Briggs John W
Bought by
Smith Arthur F and Smith Karyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,350
Interest Rate
7.98%
Mortgage Type
Commercial
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
Gress Christian $312,500 Action Title Services
Florida Rental Specialists Llc $132,000 Action Title Services Llc
Smith Arthur F $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gress Christian $253,000
Closed Gress Christian $250,000
Previous Owner Smith Arthur F $57,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $312,500 -2.2% --
09/13/2018 09/13/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $319,500 -- --
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
2024 $3,936 $349,238 -- --
2023 $3,936 $326,695 $0 $0
2022 $3,773 $305,933 $0 $0
2021 $3,652 $286,798 $0 $0
2020 $3,254 $271,239 $0 $0
2019 $3,164 $262,896 $110,709 $152,187
2018 $2,298 $135,234 $0 $0
2017 $2,117 $122,940 $0 $0
2016 $1,996 $111,764 $0 $0
2015 $1,838 $101,604 $0 $0
2014 $1,623 $92,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218059399

Naples Area Board of REALTORS®

APN: 35985800002