NOT LISTED FOR SALE

Estimated Value: $775,000 - $1,263,000

6 Beds
4 Baths
-- Sq Ft
0.43 Acres

Last Sold March 25, 2022

Last sale price $1,040,000

Current estimated payment $6,205/month

10 Days on Market

Highlights

  • 0.43 Acre Lot
  • Room in yard for a pool
  • Patio
  • Naples High School Rated A-
  • Concrete Block With Brick
  • Tile Flooring

About This Home

As of March 2022

One of a kind, investment property located in the prime & highly desirable 34103 area of Naples. This updated TRIPLEX sits on a DOUBLE lot with plenty of parking space. The backyard features plenty of space for entertainment or if you wish to add a pool. NEW ROOF (2020). Two New A/Cs and duct work. Two New Water Heaters. New wood-plank tile flooring. City water/sewer. Gross rent is just under $60K/annually. All tenants have been long term and with excellent rental history! Don't miss out on this hot investment in beautiful Naples!

Last Agent to Sell the Property

Jesse Logan

Marzucco Real Estate Listed on: 01/21/2022

Marzucco Real Estate

Last Buyer's Agent

Jesse Logan

Marzucco Real Estate Listed on: 01/21/2022

Marzucco Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,379

Year Built

  • Built in 1982

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions: 132

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25481120005

Community Details

Overview

  • 3 Units
  • Caribe Woods Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $15,440
  • Net Operating Income $42,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,379

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Description: CARIBE WOODS LOT 28 & 29
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.190128$-81.792316$50.05$13.33$1.00$eVOiLsJCRouKbYaAamrrFg
  • Building Design: Triplex
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 6
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Caribe Woods
  • Community Type: Non-Gated
  • Units In Building: 3

Condo/Co-op/Association

  • Sub Condo Name: CARIBE WOODS

Lot Info

  • Section: 22
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.4300
  • Lot Description: Oversize
  • Lot Dimensions: 132 X 142
  • Parcel Number: 25481120005

Tax Info

  • Tax Description: County Only
  • Taxes: 8379.00

Multi Family

  • Gross Rental Income: 58200.00
  • Annual Expenses: 15440.00
  • Annual Net Operating Income: 42760.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 25, 2022
Sold by
Aes Asset Management Llc
Bought by
Williams Mary V
Seller's Agent
Jesse Logan
Marzucco Real Estate
Buyer's Agent
Jesse Logan
Marzucco Real Estate
List Price
$995,000
Sold Price
$1,040,000
Premium/Discount to List
$45,000
4.52%
Current Estimated Value
$1,038,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,000
Avg. Annual Appreciation
-1.03%

Purchase Details

Listed on
Feb 24, 2020
Closed on
Oct 28, 2020
Sold by
14 Street Llc
Bought by
Aes Asset Management Llc
Seller's Agent
Marie Orlando
Premiere Plus Realty Company
Buyer's Agent
Angela Sandoval
ENGEL & VOELKERS NAPLES
List Price
$619,000
Sold Price
$585,000
Premium/Discount to List
-$34,000
-5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.39%

Purchase Details

Listed on
Jan 7, 2017
Closed on
Feb 24, 2017
Sold by
Yerger Linda K and Yerger Dwight M
Bought by
14 Street Llc
Seller's Agent
Linda Yerger
Yerger Real Estate
Buyer's Agent
Linda Yerger
Yerger Real Estate
List Price
$469,500
Sold Price
$450,000
Premium/Discount to List
-$19,500
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Santos Yvonne
Bought by
Yerger Dwight Marshall and Yerger Linda Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,100
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2003
Sold by
Vanantwerp Shannon
Bought by
Santos Yvonne

Purchase Details

Closed on
Feb 27, 2003
Sold by
Vanantwerp Shannon
Bought by
Vanantwerp Shannon

Purchase Details

Closed on
Jun 8, 1998
Sold by
Marcia Alfritz Marce and Marcia Marc Hagelie
Bought by
Marcia Kathleen Olida

Purchase Details

Closed on
May 26, 1998
Sold by
Marcia Alfred Marce
Bought by
Marcia Alfritz Marce and Marcia Marc Hagelie

Purchase Details

Closed on
Jul 7, 1995
Sold by
Marcia Helen H and Marcia Alfred Marce
Bought by
Marcia Helen Hagelie
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
Williams Mary V $1,040,000 Woods Weidenmiller Michetti &
Aes Asset Management Llc $585,000 Attorney
14 Street Llc $450,000 Attorney
Yerger Dwight Marshall $457,500 First Title Sw Fl Inc
Santos Yvonne -- --
Vanantwerp Shannon -- --
Marcia Kathleen Olida $37,500 --
Marcia Alfritz Marce -- --
Marcia Helen Hagelie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yerger Dwight Marshall $343,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $1,040,000 +4.5% --
01/31/2022 01/31/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $995,000 +70.1% --
10/28/2020 10/28/20 Sold $585,000 -5.5% -- View Prior Sale
10/07/2020 10/07/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $619,000 0.0% --
06/26/2020 06/26/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $619,000 -1.0% --
03/20/2020 03/20/20 Price Changed $625,000 -3.1% --
02/24/2020 02/24/20 For Sale $645,000 +43.3% --
02/24/2017 02/24/17 Sold $450,000 -4.2% -- View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $469,500 -- --
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 $9,336 $585,492 -- --
2022 $8,228 $490,627 $309,276 $181,351
2021 $8,728 $517,321 $346,764 $170,557
2020 $8,138 $469,515 $0 $0
2019 $5,301 $426,832 $291,060 $135,772
2018 $6,586 $547,007 $394,548 $152,459
2017 $4,992 $294,110 $0 $0
2016 $3,499 $267,373 $0 $0
2015 $3,272 $243,347 $0 $0
2014 $3,204 $236,202 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222004616

Naples Area Board of REALTORS®

APN: 25481120005