NOT LISTED FOR SALE

Estimated Value: $682,000 - $1,273,891

11 Beds
8 Baths
-- Sq Ft
0.75 Acres

Last Sold April 12, 2018

Last sale price $750,000

Est. 23% increase in value since last sale

Current estimated payment $5,302/month

7 Days on Market

Highlights

  • 0.75 Acre Lot
  • Concrete Block With Brick
  • Central Air
  • Naples High School Rated A
  • Tile Flooring
  • Laundry Facilities

About This Home

As of April 2018

Quaint garden style concrete block apartments fully leased with a total of 8 residences & a rent roll of $8235. Building 1 (Triplex): One 2/1 units ($1195) & 2 studios ($895 each). Renovated in 2014. Building 2 (Triplex): Three - 1/1 units & coin operated washer & dryer ($895, $995, & $1045). Building 1 & 2 share electric/water meter. Building 3 (Duplex): Two 2/1 units ($1195 & $1120); 2003 construction with separately metered utilities and washer/dryer hookups. Two PID's must be sold together 61833200003 & 61833240005. Do not miss this rare opportunity-buy today!

Last Agent to Sell the Property

Kendra Hoefs

Realty One Group MVP Listed on: 03/15/2018

Last Buyer's Agent

Josh Yelensky

Current Property Management License #NAPLES-249521225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,857

Year Built

  • Built in 2003

Lot Details

  • 0.75

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Additional Features

  • Tile Flooring
  • 0.75 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 61833240005
  • Tax Block 27

Community Details

Overview

  • 8 Units
  • Naples Better Homes Condos

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,857

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Legal Description: N G + T C L F NO 2 2 50 25 E1/2 OF E 236FT OF W1/2 OF LOT 27 LESS 100FT X 164.44FT DESC IN OR 1649 PG 2233, OR
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.13976$-81.77308$319.67$13.33$1.00$NFTFhxAXEocS5kYYEChIKQ
  • Building Design: Duplex
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bathrooms: 8.00
  • Total Bedrooms: 11
  • Flooring: Tile

Exterior Features

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

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Wall Unit
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Better Homes
  • Amenities: Common Laundry
  • Community Type: Non-Gated
  • Units In Building: 8

Condo/Co-op/Association

  • Sub Condo Name: NAPLES BETTER HOMES

Lot Info

  • Lot Unit: 27
  • Section: 2
  • Waterfront: No
  • Zoning Code: R
  • Acres: 0.7500
  • Lot Description: Oversize
  • Parcel Number: 61833240005

Tax Info

  • Tax Description: No Homestead
  • Taxes: 2857.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2016
Sold by
Tracy James L and Tracy Claudia R
Bought by
Terrace Trace Llc
Current Estimated Value
$921,473

Purchase Details

Closed on
Nov 5, 2002
Sold by
Tracy James L and Tracy Claudia R
Bought by
Tracy James L and Tracy Claudia R

Purchase Details

Closed on
Aug 17, 1999
Sold by
Holland Debra
Bought by
Hail James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
7.65%
Mortgage Type
Commercial
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
Terrace Trace Llc $292,500 Action Title Services
Tracy James L -- --
Hail James $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hail James $19,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2018 04/12/18 Sold $750,000 -6.2% --
03/26/2018 03/26/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $799,500 -- --
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
2025 $5,624 $497,111 -- --
2024 $5,022 $451,919 -- --
2023 $5,022 $410,835 $0 $0
2022 $4,906 $373,486 $0 $0
2021 $4,329 $339,533 $212,554 $126,979
2020 $3,946 $309,676 $197,902 $111,774
2019 $3,806 $295,976 $197,902 $98,074
2018 $3,217 $234,403 $0 $0
2017 $2,857 $213,094 $129,526 $83,568
2016 $2,137 $98,143 $0 $0
2015 $1,838 $89,221 $0 $0
2014 $1,840 $81,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218021085

Naples Area Board of REALTORS®

APN: 61833240005