NOT LISTED FOR SALE

Estimated Value: $501,000 - $564,000

4 Beds
4 Baths
-- Sq Ft
0.28 Acres

Last Sold April 25, 2022

Last sale price $476,000

Est. 9% increase in value since last sale

Current estimated payment $3,154/month

31 Days on Market

Highlights

  • Concrete Block With Brick
  • Patio
  • Central Heating and Cooling System
  • Naples High School Rated A
  • Tile Flooring

About This Home

As of April 2022

Great Investment Property - live in one side while you rent the other or rent both sides. Each side of this duplex has two bedrooms and two bathrooms. One of the tenants has an annual lease and the other tenant is on a month to month lease. Both tenants currently paying $1,500 per month in rent. The tenants pay all monthly expenses except for lawn care, which is paid by the Landlord. Don't miss this golden opportunity to purchase a great duplex close to great schools, shopping and dining.

Last Agent to Sell the Property

Jean Paul

The Real Estate Connection LLC Listed on: 02/12/2022

Last Buyer's Agent

Lisa Cachon

Cachon Realty Group. LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1990

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 99

Home Design

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

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access, pest control, sewer, water
  • Assessor Parcel Number 63505160000
  • Tax Block H

Community Details

Overview

  • 2 Units
  • Naples Villas Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $5,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,024

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Legal Description: NAPLES VILLAS BLK H LOTS 16 + 17
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.145356$-81.762953$304.59$13.33$1.00$C2VRtYCO7vmi2wpV7lW3Mg
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: NAPLES VILLAS

Lot Info

  • Lot Back: 99
  • Lot Frontage: 99
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 16
  • Section: 1
  • Waterfront: No
  • Zoning Code: RMF6
  • Acres: 0.2800
  • Lot Description: Regular
  • Lot Dimensions: 99 X 125
  • Parcel Number: 63505160000

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access, Pest Control, Sewer, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 3024.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 36000.00
  • Annual Expenses: 5000.00
  • Annual Net Operating Income: 31000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Jan 11, 2021
Sold by
Riveron Serafin
Bought by
Eugene Louise P
Seller's Agent
Jose Limpias
Xclusive Homes LLC
Buyer's Agent
Jean Paul
The Real Estate Connection LLC
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$520,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,973
Avg. Annual Appreciation
9.04%
Original Mortgage
$338,751
Outstanding Balance
$302,123
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$218,850

Purchase Details

Closed on
Oct 31, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Riveron Serafin

Purchase Details

Closed on
May 10, 2011
Sold by
Toledo Roland and Toledo Bertha G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 4, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 18, 2002
Sold by
Gray Benjamin M and Gray Janet P
Bought by
Toledo Roland and Toldedo Bertha G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.21%
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
Eugene Louise P $345,000 Attorney
Riveron Serafin $95,000 New House Title
Wells Fargo Bank Na -- None Available
Federal Home Loan Mortgage Corp -- New House Title
Toledo Roland $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eugene Louise P $338,751
Previous Owner Toledo Roland $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2022 04/25/22 Sold $476,000 -0.6% --
03/15/2022 03/15/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $479,000 +38.8% --
01/15/2021 01/15/21 Sold $345,000 -1.4% -- View Prior Sale
11/28/2020 11/28/20 Pending -- -- --
11/28/2020 11/28/20 For Sale $350,000 0.0% --
11/24/2020 11/24/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $350,000 -- --
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 $4,799 $468,402 -- --
2024 $5,530 $425,820 $295,467 $130,353
2023 $5,530 $487,899 $327,027 $160,872
2022 $4,615 $378,885 $243,936 $134,949
2021 $3,024 $204,343 $0 $0
2020 $3,056 $185,766 $0 $0
2019 $2,965 $168,878 $0 $0
2018 $2,625 $153,525 $0 $0
2017 $2,156 $139,568 $0 $0
2016 $1,909 $126,880 $0 $0
2015 $1,899 $115,345 $0 $0
2014 $1,681 $104,859 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222016526

Naples Area Board of REALTORS®

APN: 63505160000