NOT LISTED FOR SALE

Estimated Value: $351,000 - $426,000

3 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $270,000

Est. 45% increase in value since last sale

Current estimated payment $2,350/month

197 Days on Market

About This Home

As of October 2021

Investor Alert! This easy to rent duplex in a great family area is the best MONEY PUMPING PROPERTY on the market BY FAR ! This duplex located in Naples off east Tamiami Tr is a great opportunity for an investor looking to add or build their portfolio. 2/1 featuring updated kitchen nice sized bedrooms and large lanai. 1/1 has newer kitchen with granite counter and newer appliances, plus living room & large lanai and is wood flooring throughout. Rear tenant takes care of landscaping as part of their rent. Each tenant pays their own electricity and seller pays their water bill. Property has gross income of 26,820.00 per year which is 2235.00 per month. Quick ride to major shopping, beaches and 5th Ave in Naples.

Last Agent to Sell the Property

Jessie Morris

Marzucco Real Estate Listed on: 03/17/2021

Marzucco Real Estate

Last Buyer's Agent

Jessie Morris

Marzucco Real Estate Listed on: 03/17/2021

Marzucco Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1975

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 50

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Casement Windows

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, credit application, full electric, full telephone
  • Assessor Parcel Number 00440560003
  • Tax Block 2

Community Details

Overview

  • 2 Units
  • Trail Acres Condos

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $26,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,033

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Legal Description: 32 50 26 COMM E1/4 CNR, S 2 DEG W 345FT, N 87 DEG W 260FT TO POB, CONT N 87 DEG W 50FT, N 2 DEG E 135FT, S 87 DEG E 50FT, S 2 DEG W 135FT TO POB, OR 1458 PG 1754
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.072731$-81.720513$348.90$13.33$1.00$XkVrLbpeiDbKkQ-ph6xb2Q
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Wood
  • Windows: Casement

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Wood Frame
  • Road: County Maintained
  • Exterior Finish: Vinyl Siding

Utilities

  • Cable Available: Yes
  • Cooling: Wall Unit
  • Heat: Wall Unit
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: TRAIL ACRES

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 135
  • Lot Right: 135
  • Lot Unit: 68, 71
  • Section: 32
  • Waterfront: No
  • Zoning Code: Multi-family less than10 UN
  • Acres: 0.1500
  • Lot Description: Regular
  • Lot Dimensions: 50 X 135
  • Parcel Number: 00440560003

Rental Info

  • Tenant Pays: Cable, Credit Application, Full Electric, Full Telephone

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 2033.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 26820.00
  • Annual Net Operating Income: 26820.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Oct 29, 2021
Sold by
Ivey Glynis and Morris Jessie
Bought by
Maxwell Lauren and Maxwell Hunter
Seller's Agent
Jessie Morris
Marzucco Real Estate
Buyer's Agent
Jessie Morris
Marzucco Real Estate
List Price
$350,000
Sold Price
$270,000
Premium/Discount to List
-$80,000
-22.86%
Current Estimated Value
$390,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,689
Avg. Annual Appreciation
9.83%
Original Mortgage
$202,500
Outstanding Balance
$185,061
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,628

Purchase Details

Listed on
Jun 12, 2019
Closed on
Jul 2, 2019
Sold by
E1200 Llc
Bought by
Ivey Glynis and Morris Jessie
Seller's Agent
Bob Forman
Realty One Group MVP
Buyer's Agent
Jessie Morris
Marzucco Real Estate
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$225,834
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2017
Closed on
Apr 14, 2017
Sold by
Florida Rental Specialist Lcl
Bought by
E 1200 Llc
Seller's Agent
Kendra Hoefs
Realty One Group MVP
Buyer's Agent
Bob Forman
Realty One Group MVP
List Price
$189,000
Sold Price
$177,500
Premium/Discount to List
-$11,500
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%

Purchase Details

Closed on
Dec 2, 2015
Sold by
Nini Robert
Bought by
Nini Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.83%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 10, 2012
Sold by
Smith Boguslawa J
Bought by
Florida Rental Specialists Llc and 331 Benson Street Land Trust

Purchase Details

Closed on
Mar 9, 2004
Sold by
Smith Boguslawa and Smith Arthur A
Bought by
Hnatowicz Marek Tadeusz and Hnatowicz Hanna
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maxwell Lauren $270,000 Accommodation
Ivey Glynis $230,000 Naples Title Inc
E 1200 Llc $177,500 Action Title Services
Nini Builders Llc -- Omega Land Title Llc
Florida Rental Specialists Llc $96,000 Paradise Coast Title & Escro
Hnatowicz Marek Tadeusz $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maxwell Lauren $202,500
Previous Owner Ivey Glynis $225,834
Previous Owner Nini Builders Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $270,000 -21.7% --
09/30/2021 09/30/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $345,000 -1.4% --
09/02/2021 09/02/21 Price Changed $350,000 0.0% --
09/02/2021 09/02/21 For Sale $350,000 +23.7% --
07/19/2021 07/19/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $283,000 0.0% --
05/21/2021 05/21/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $283,000 0.0% --
04/29/2021 04/29/21 Pending -- -- --
04/15/2021 04/15/21 Price Changed $283,000 -0.7% --
03/17/2021 03/17/21 For Sale $285,000 +23.9% --
07/02/2019 07/02/19 Sold $230,000 -2.1% -- View Prior Sale
06/24/2019 06/24/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $234,900 +32.3% --
04/14/2017 04/14/17 Sold $177,500 -6.1% -- View Prior Sale
03/20/2017 03/20/17 Pending -- -- --
03/03/2017 03/03/17 For Sale $189,000 -- --
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
2025 $3,236 $171,769 $58,806 $112,963
2024 $3,186 $270,569 $168,316 $102,253
2023 $3,186 $260,642 $130,680 $129,962
2022 $3,304 $259,257 $81,675 $177,582
2021 $2,285 $154,569 $0 $0
2020 $2,033 $140,517 $60,000 $80,517
2019 $1,842 $123,534 $56,880 $66,654
2018 $1,856 $125,734 $56,880 $68,854
2017 $1,292 $73,260 $0 $0
2016 $1,286 $66,600 $0 $0
2015 $1,207 $60,545 $0 $0
2014 $1,067 $55,041 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 221010894

Naples Area Board of REALTORS®

APN: 00440560003