NOT LISTED FOR SALE

Estimated Value: $474,633 - $736,000

4 Beds
2 Baths
1,848 Sq Ft
$315/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $300,000 $162 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,375/month

30 Days on Market

Highlights

  • Home fronts a canal
  • Jalousie or louvered window
  • Tile Flooring
  • Pinewoods Elementary School Rated A-
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of February 2019

West of 41, Gulf Access, waterfront ranch style home with an attached apartment. This home is located on a navigable canal less than 500 feet to the Imperial River and just minutes to the back bays and wonderful Gulf of Mexico. Featuring a 3 bedrooms, 1 bath, tiled throughout, with a large open living area, screened-in lanai, large patio, laundry room and an attached one car garage. The apartment side is tiled throughout and has one bedroom and full bath and spacious private patio. Metal roof installed 2005, newer AC's storm shutters on many windows, plenty of parking and an excellent investment property or single family with mother in-law apartment.

Last Agent to Sell the Property

Kyle Suhr

John R. Wood Properties License #BEAR-3233523 Listed on: 11/27/2018

John R. Wood Properties

Co-Listed By

Lisa Suhr

Bonita Springs MLS License #BEAR-3394289

Last Buyer's Agent

Edward Blackburn

Collier Realty & Management License #NAPLES-249500927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,320

Year Built

  • Built in 1978

Lot Details

  • 7,623 Sq Ft Lot
  • Lot Dimensions: 90
  • Home fronts a canal

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Jalousie or louvered window
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, sewer, water
  • Assessor Parcel Number 32-47-25-B3-00400.0040
  • Tax Block 400

Community Details

Overview

  • 2 Units
  • Riverdale Condos

Recreation

  • Gulf Boat Access

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $9,044
  • Net Operating Income $14,356

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,320

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Legal Description: RIVERDALE UNREC OR 124 PG 143 LOT 4
  • Property Type: Residential Income
  • Table: Residential Income
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Jalousie

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Canal Width: Canal Width 1-30
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Road: Public Road
  • Exterior Finish: Stucco
  • Waterfront Type: Canal, Rip Rap

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: RIVERDALE

Lot Info

  • Lot Back: 90
  • Lot Frontage: 90
  • Lot Left: 77
  • Lot Right: 77
  • Lot Unit: 4
  • Section: 32
  • Waterfront: Yes
  • Zoning Code: TFC2
  • Acres: 0.1750
  • Lot Description: Regular
  • Lot Dimensions: 90 X 77
  • Parcel Number: 32-47-25-B3-00400.0040

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Sewer, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 4320.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 23400.00
  • Annual Expenses: 9044.00
  • Annual Net Operating Income: 14356.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2018
Closed on
Feb 14, 2019
Sold by
Casper Mark V
Bought by
Sheldon Christopher
Seller's Agent
Kyle Suhr
John R. Wood Properties
Buyer's Agent
Edward Blackburn
Collier Realty & Management
List Price
$319,900
Sold Price
$300,000
Premium/Discount to List
-$19,900
-6.22%
Current Estimated Value
$582,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,408
Avg. Annual Appreciation
10.42%
Original Mortgage
$274,725
Outstanding Balance
$240,544
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$336,110

Purchase Details

Closed on
Aug 8, 2003
Sold by
Martin Elizabeth
Bought by
Casper Mark V

Purchase Details

Closed on
Dec 2, 1999
Sold by
Lowe Eleanor
Bought by
Martin Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
7.94%
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
Sheldon Christopher $300,000 Attorney
Casper Mark V $261,000 --
Martin Elizabeth $149,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheldon Christopher $274,725
Previous Owner Martin Elizabeth $177,600
Previous Owner Martin Elizabeth $119,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $300,000 -6.2% $162 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
11/27/2018 11/27/18 For Sale $319,900 -- $173 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $3,260 $381,534 -- --
2023 $3,260 $242,288 $242,278 $10
2022 $4,885 $343,740 $0 $0
2021 $4,580 $337,516 $174,675 $162,841
2020 $4,560 $317,337 $161,175 $156,162
2019 $4,749 $317,343 $116,046 $201,297
2018 $4,501 $301,199 $116,046 $185,153
2017 $4,318 $287,462 $114,750 $172,712
2016 $4,067 $267,795 $147,460 $120,335
2015 $3,604 $214,707 $132,484 $82,223
2014 $3,331 $198,095 $115,559 $82,536
2013 -- $160,692 $115,203 $45,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 218078267

Multiple Listing Service of Bonita Springs-Estero

APN: 32-47-25-B3-00400.0040