NOT LISTED FOR SALE

Estimated Value: $292,448 - $632,000

4 Beds
4 Baths
-- Sq Ft
0.44 Acres

Last Sold June 06, 2014

Last sale price $360,000

Est. 20% increase in value since last sale

Current estimated payment $2,564/month

86 Days on Market

About This Home

As of June 2014

Property is being sold together with the adjacent duplex at 3167/3169 Barret Avenue, which has a separate PID
61841120007, as a Quadraplex. All information listed is for both properties. COMPLETELY UPDATED! Shows like new...
1) New roofs in 2014 installed to new codes, with secondary waterproof membrane 2) New Low-E insulated windows 3) New exterior doors 4) New electric service panels and new outlets and switches 5) New solid wood kitchen cabinets w/42" upper cabinets and granite tops 6) New CPVC plumbing, faucets, shutoff valves, drains, etc. 7) New water laterals to both buildings 8) New tile floors 9) New trim and interior doors 10) New A/C ductwork, the AH and condensing units are older but have all been serviced and checked. 11) 2 new water heaters 12) 2 NEW laundry/storage rooms. Each building shares a laundry room. 13) Newer clean appliances 14) New vinyl privacy fence 15) New frame less glass bathtub enclosure doors.

Fully rented, excellent tenants, all with annual leases. $31,084 Net Annual Income. 9.0% NOI. Oversize lot, with room for free standing garage

Last Agent to Sell the Property

Richard Sawicki

ERA Naples Realty License #NAPLES-249514322 Listed on: 03/04/2014

Last Buyer's Agent

Paul Miano

The Miano Group Realty LLC License #NAPLES-249512575

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $2,377

Year Built

  • 1971

Lot Details

  • 0.44

Listing and Financial Details

  • Tenant pays for application fee, cable, full electric, full telephone, internet access, pest control

Community Details

Overview

  • 2 Buildings
  • Oak Ridge Manor Condos

Pet Policy

  • Pets up to 12 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Building Details

  • Operating Expense $6,056
  • Net Operating Income $31,084

Property Details

Home Type

Other

Est. Annual Taxes

$2,377

Year Built

1971

Lot Details

0

Listing Details

  • Legal Description: OAK RIDGE MANOR LOT 1
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fence, Patio, Privacy Wall, Storage
  • Construction: Concrete Block
  • Exterior Features: Fence, Patio, Privacy Wall, Storage
  • Exterior Finish: Stucco
  • Road: County Maintained, Dead End, Public Road
  • Windows: Single Hung, Thermal

Utilities

  • Cooling: Ceiling Fans, Central Electric, Ridge Vent
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Common Laundry
  • Community Type: Non-Gated
  • Sub Condo Name: OAK RIDGE MANOR

Association/Amenities

  • Units in Building: 2
  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 12

Lot Info

  • Lot Description: Dead End, Regular
  • Lot Dimensions: 138 X 138 X 138 X 139
  • Lot Back: 138
  • Lot Frontage: 138
  • Lot Left: 138
  • Lot Right: 139
  • Lot Unit: 1
  • Section: 14
  • Zoning Code: 8

Rental Info

  • Tenant Pays: Application Fee, Cable, Full Electric, Full Telephone, Internet Access, Pest Control

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 35340.00
  • Annual Expenses: 6056.00
  • Annual Net Operating Income: 31084.00
  • Total Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2015
Bought by
Nuria Kazanas Rev Trust
Current Estimated Value
$432,106

Purchase Details

Listed on
Mar 4, 2014
Closed on
Jun 6, 2014
Sold by
Heritage Group Lending Llc
Bought by
Kazanas Nuria
Seller's Agent
Richard Sawicki
ERA Naples Realty
Buyer's Agent
Paul Miano
The Miano Group Realty LLC
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%

Purchase Details

Closed on
Mar 21, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Heritage Group Lending Llc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Aug 31, 2012
Sold by
Bishop Ercell E and Just Vii Jean
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 13, 2005
Sold by
Bishop Ercell E and Lacroix Debra
Bought by
Bishop Ercell E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,450
Interest Rate
6.87%
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
Nuria Kazanas Rev Trust $100 --
Kazanas Nuria -- Attorney
Kazanas Nuria $360,000 Attorney
Heritage Group Lending Llc $56,000 First American Mortgage Svcs
Nationstar Mortgage Llc -- First American Mortgage Svcs
Aurora Loan Services Llc -- None Available
Bishop Ercell E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bishop Ercell E $164,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2014 06/06/14 Sold $360,000 0.0% --
05/29/2014 05/29/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $360,000 -- --
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
2023 $2,377 $115,141 $0 $0
2022 $1,965 $104,674 $0 $0
2021 $2,010 $95,158 $0 $0
2020 $1,840 $86,507 $0 $0
2019 $1,516 $78,643 $40,425 $38,218
2018 $1,502 $72,681 $0 $0
2017 $1,456 $66,074 $0 $0
2016 $1,213 $60,067 $0 $0
2015 $1,260 $62,918 $0 $0
2014 $1,201 $59,052 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 214014235

Naples Area Board of REALTORS®

APN: 64510040004