NOT LISTED FOR SALE

Estimated Value: $573,000 - $781,000

3 Beds
2 Baths
1,340 Sq Ft
$515/Sq Ft Est. Value

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • Cape Elementary School Rated A-
  • Southeast Facing Home

About This Home

As of January 2020

It is such a pleasure when we bring on a new property and the owner does everything in their power to make it beautiful. This investor from the Miami area has absolutely done a fantastic job re-doing the interior of all four units of this property. He is now starting with the exterior, including landscaping, painting and general cleanup. The interior of these units are about as new and clean and well done as you can find anywhere. You should be smart enough to go and look at these before the exterior gets done, because right now the owner has all the units priced at an extremely low rent for the condition of the interior of the property. He is anxious to find for quality tenants that appreciate a neat clean place to live. Once he completes the exterior work over the next week or two, these rent values are going to Become a better value than they are ready are.. The location is a block off of Del Prado near the midpoint bridge and Veterans parkway. For applicants applying before January 17, 2020 application fees will be waived. Pets with approval only, Pet rent will apply at an additional $50.00 a month for pets

Last Agent to Rent the Property

Kevin Haag

Douglas Realty & Development License #252000684 Listed on: 08/26/2019

Last Renter's Agent

Kevin Haag

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,757

Year Built

  • Built in 1982

Lot Details

  • 0.39 Acre Lot
  • Southeast Facing Home

Home Design

  • Quadruplex

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Cape Coral Subdivision

Listing and Financial Details

  • The owner pays for grounds care
  • Legal Lot and Block 1 / 1185A
  • Assessor Parcel Number 32-44-24-C4-01185.A010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,757

Year Built

Built in 1982

Lot Details

0

Rental Info

  • Tenant Pays: See Remarks

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.39
  • Subdivision Name: CAPE CORAL
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Quadruplex
  • Year Built: 1982
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Quadruplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Owner Pays: Grounds Care
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Other
  • Living Area: 1340.0
  • Stories: 1
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: Southeast

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Pets Allowed: No

Lot Info

  • Parcel #: 32-44-24-C4-01185.A010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Block: 1185A
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Colina Reinaldo A
Bought by
2846 Se 16Th Pl Llc
Current Estimated Value
$690,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Outstanding Balance
$372,029
Interest Rate
2.99%
Mortgage Type
Commercial
Estimated Equity
$318,293

Purchase Details

Closed on
Jul 19, 2019
Sold by
Fannie Mae
Bought by
Colina Reinaldo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2018
Sold by
Pozo Felix A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 24, 2005
Sold by
Minaya Dora
Bought by
Pagan Raul and Pagan Ivette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 11, 1999
Sold by
Minaya Duilio E
Bought by
Pagan Ivette C and Pagan Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,442
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1999
Sold by
Minaya Guido and Minaya Susan
Bought by
Pagan Ivette C and Pagan Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,442
Interest Rate
7.04%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1996
Sold by
Loayza Group Inc
Bought by
Minaya Duilio E and Minaya Guido

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.77%
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
2846 Se 16Th Pl Llc $700,000 Tropical Shells Title Llc
Colina Reinaldo A $435,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association $336,300 None Available
Pagan Raul -- --
Pozo Felix A $400,000 --
Pagan Ivette C $91,000 --
Pagan Ivette C $91,000 --
Minaya Duilio E $24,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2846 Se 16Th Pl Llc $406,000
Previous Owner Colina Reinaldo A $326,250
Previous Owner Pozo Felix A $360,000
Previous Owner Pagan Ivette C $181,442
Previous Owner Pagan Ivette C $181,442
Previous Owner Minaya Duilio E $109,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2020 01/03/20 Rented -- -- --
12/04/2019 12/04/19 Under Contract -- -- --
08/26/2019 08/26/19 For Rent -- -- --
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 $9,757 $505,665 -- --
2024 $9,478 $459,695 $140,562 $311,170
2023 $9,478 $448,483 $51,706 $396,143
2022 $9,875 $497,331 $29,494 $467,837
2021 $7,855 $352,920 $28,750 $324,170
2020 $7,478 $321,409 $25,300 $296,109
2019 $7,155 $309,276 $25,300 $283,976
2018 $6,026 $293,910 $25,300 $268,610
2017 $5,825 $296,371 $20,700 $275,671
2016 $5,296 $255,876 $20,700 $235,176
2015 $4,931 $233,398 $17,595 $215,803
2014 $4,552 $184,957 $26,795 $158,162
2013 -- $195,100 $14,000 $181,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219056615

Florida Gulf Coast Multiple Listing Service

APN: 32-44-24-C4-01185.A010