NOT LISTED FOR SALE

2991 Lunar St Naples, FL 34112

East Naples Neighborhood

Estimated Value: $227,000 - $745,000

4 Beds
3 Baths
518 Sq Ft
$747/Sq Ft Est. Value

Last Sold October 07, 2016

Last sale price $128,000 $247 Per Sq Ft

Est. 202% increase in value since last sale

Current estimated payment $2,192/month

27 Days on Market

About This Home

As of October 2016

Well maintained single family home with two rentable units, each with their own entrance, on a double lot! Current NOI provides a 11% cap rate. Great investment for cash flow and future upside to subdivide and redevelopment as the community continues to evolve. Located in the Bayshore Arts District, an up an coming Artist and Boating community with many new developments in the area with no deed restrictions. Within walking distance of Naples Botanical Garden and a short distance from downtown.

Last Agent to Sell the Property

Diane Sullivan

Naples Beach & Bay Realty Inc Listed on: 08/18/2016

Last Buyer's Agent

Diane Sullivan

Naples Beach & Bay Realty Inc Listed on: 08/18/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 8,276

Home Design

  • Duplex

Community Details

Overview

  • Kelly Lake Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,396
  • Net Operating Income $14,604

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Listing Details

  • Legal Description: LAKE KELLY UNIT 2 LOTS 93 + 94
  • Street View Param: 1$26.117191$-81.76941699999997$14.76$13.33$1.00$YbojPj0IKCG0aL-pEcqSXA
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Flooring: Laminate, Tile

Exterior Features

  • Roof: Built-Up or Flat
  • Exterior Features: Storage
  • Construction: Concrete Block, Manufactured, Wood Frame
  • Exterior Features: Storage
  • Exterior Finish: Aluminum Siding
  • Windows: Sliding

Utilities

  • Cooling: Ceiling Fans, Central Electric, Wall Unit
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Units in Building: 2
  • Pets: No Approval Needed
  • Development: Kelly Lake

Condo/Co-op/Association

  • Sub Condo Name: KELLY LAKE

Lot Info

  • Lot Dimensions: 80 X 100
  • Section: 14
  • Zoning Code: 50

Tax Info

  • Tax District Type: Municipal Service Tax Developmen

Multi Family

  • Gross Rental Income: 19200.00
  • Annual Expenses: 4396.00
  • Annual Net Operating Income: 14604.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Piwko Stanislaw
Bought by
Piwko Stanislaw and Matenko Richard M
Current Estimated Value
$387,165

Purchase Details

Closed on
Mar 28, 2018
Sold by
Matenko Richard and Piwko Matenko Karolina
Bought by
Piwko Stanislaw

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 7, 2016
Sold by
Southwest Florida Rentals Llc
Bought by
Mateno Richard and Piwko Mateno Karolina
Seller's Agent
Diane Sullivan
Naples Beach & Bay Realty Inc
Buyer's Agent
Diane Sullivan
Naples Beach & Bay Realty Inc
List Price
$129,900
Sold Price
$128,000
Premium/Discount to List
-$1,900
-1.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Oct 26, 2012
Sold by
Sanders Jeffrey A
Bought by
Southwest Florida Rentals Llc

Purchase Details

Closed on
Dec 20, 2005
Sold by
Vasquez Luz M
Bought by
Sanders Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 1997
Sold by
Stansbury Ellsworth R and Stansbury Cathernell
Bought by
Vasquez Luz Marina and Vasquez Sandy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Piwko Stanislaw -- None Listed On Document
Piwko Stanislaw -- Attorney
Mateno Richard $125,000 None Available
Southwest Florida Rentals Llc $30,000 Attorney
Sanders Jeffrey A $226,000 --
Vasquez Luz Marina $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Jeffrey A $180,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $128,000 -1.5% $247 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $129,900 -- $251 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $2,149 $105,922 -- --
2024 $2,168 $96,293 -- --
2023 $2,168 $87,539 $0 $0
2022 $3,016 $131,667 $0 $0
2021 $1,891 $119,697 $66,858 $52,839
2020 $1,170 $109,573 $59,241 $50,332
2019 $1,903 $187,003 $140,486 $46,517
2018 $2,239 $145,882 $89,708 $56,174
2017 $2,219 $143,857 $84,969 $58,888
2016 $1,531 $87,856 $0 $0
2015 $1,396 $79,869 $0 $0
2014 $987 $56,008 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Sullivan

    Seller's Agent in 2016

    Diane Sullivan

    Naples Beach & Bay Realty Inc

    (239) 273-2848

    24 in this area

    38 Total Sales

    Diane Sullivan
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216052060

Naples Area Board of REALTORS®

APN: 53353040007

Florida Collier County Naples 34112 East Naples

2991 Lunar St, Naples, FL

Not Listed for Sale

MultiFamily

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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