NOT LISTED FOR SALE

3862 Washington Ave Fort Myers, FL 33916

Billy Creek Neighborhood

Estimated Value: $257,762 - $391,000

6 Beds
3 Baths
2,400 Sq Ft
$131/Sq Ft Est. Value

Last Sold August 01, 2016

Last sale price $131,000 $55 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,033/month

226 Days on Market

Highlights

  • Window Unit Cooling System
  • Ceiling Fan
  • Window Unit Heating System
  • Tile Flooring

About This Home

As of August 2016

Great investment opportunity! One of the nicest and best priced income producing property in Ft. Myers. All 3 units are currently rented for $550 a month. ( rent fee can and should be raised with renewal of lease agreement). Water and power meters are separated. Triplex is tenant occupied and showing will be available only after submitting an acceptable offer.

Last Agent to Sell the Property

Sigalit Sphatt

Cozza Realty Group Inc License #252012775 Listed on: 11/18/2015

Last Buyer's Agent

Jorge Hernandez

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,405

Year Built

  • Built in 1973

Lot Details

  • 0.26 Acre Lot

Home Design

  • Triplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,400 Sq Ft Home
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer
  • Legal Lot and Block 3 / 6
  • Assessor Parcel Number 08-44-25-P4-01906.0030

Community Details

Overview

  • 3 Units
  • Fort Myers Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,405

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Subdivision Name: FORT MYERS
  • Directions: I-75 to West on Palm Beach Blvd. Left on Polk. Left on Washington. Property will be on the right.
  • Structure Type: Triplex
  • Year Built: 1973
  • Property Sub Type Additional: Triplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpet, Tile
  • Window Features: See Remarks

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 08-44-25-P4-01906.0030
  • Zoning Description: RS-7
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2405.0
  • Tax Block: 6
  • Tax Lot: 3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jul 11, 2016
Sold by
Zoeher Investment Llc
Bought by
Vapor Jose
Seller's Agent
Sigalit Sphatt
Cozza Realty Group Inc
Buyer's Agent
Jorge Hernandez
List Price
$125,000
Sold Price
$131,000
Premium/Discount to List
$6,000
4.8%
Current Estimated Value
$304,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,097
Avg. Annual Appreciation
10.09%
Original Mortgage
$128,627
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2014
Sold by
Sababa Holdings Llp
Bought by
Zocher Investments Llc

Purchase Details

Closed on
Apr 18, 2013
Sold by
Cohen Miriam and Rothman Israel
Bought by
Sababa Holdings Llp

Purchase Details

Closed on
Oct 1, 2012
Sold by
Bonus Domus Llc
Bought by
Cohen Miriam and Rothman Israel

Purchase Details

Closed on
Jul 18, 2012
Sold by
Alpha Wealth Holdings Llc
Bought by
Bonus Domus Llc

Purchase Details

Closed on
Jul 17, 2012
Sold by
Chen Shu Hua
Bought by
Alpha Wealth Holdings Llc

Purchase Details

Closed on
Feb 27, 2002
Sold by
Talley E L and Talley Annie L
Bought by
Chen Shu Hun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Vapor Jose $131,000 Agent Title Services Llc
Zocher Investments Llc $90,000 Realty Title Solutions Lllp
Sababa Holdings Llp $67,000 American Title Insurance Co
Cohen Miriam $86,000 None Available
Bonus Domus Llc $41,000 Equity National Title Llc
Alpha Wealth Holdings Llc $35,000 Best Title Solutions Inc
Chen Shu Hun $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yapor Jose $251,250
Closed Vapor Jose $22,985
Closed Vapor Jose $128,627
Previous Owner Chen Shu Hun $63,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2016 08/01/16 Sold $131,000 +4.8% $55 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
11/18/2015 11/18/15 For Sale $125,000 -- $52 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2024 $4,662 $166,370 -- --
2023 $4,662 $151,245 $0 $0
2022 $4,276 $127,488 $0 $0
2021 $3,972 $171,429 $13,170 $158,259
2020 $3,485 $155,032 $6,500 $148,532
2019 $3,259 $137,270 $6,500 $130,770
2018 $2,928 $100,926 $4,000 $96,926
2017 $2,679 $76,728 $5,000 $71,728
2016 $2,621 $73,950 $5,212 $68,738
2015 $2,405 $68,294 $3,862 $64,432
2014 -- $45,589 $3,801 $41,788
2013 -- $52,808 $5,056 $47,752
Source: Public Records

Agents Affiliated with this Home

  • Sigalit Sphatt

    Seller's Agent in 2016

    Sigalit Sphatt

    Cozza Realty Group Inc

    (239) 440-4945

    185 Total Sales

    Sigalit Sphatt
    Section Image

  • J

    Buyer's Agent in 2016

    Jorge Hernandez

  • J

    Buyer's Agent in 2016

    Jorge and Clara Hernandez

    Starlink Realty, Inc

    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215065608

Florida Gulf Coast Multiple Listing Service

APN: 08-44-25-P4-01906.0030

Florida Lee County Fort Myers 33916 Billy Creek

3862 Washington Ave, Fort Myers, FL

This home is located at 3862 Washington Ave, Fort Myers, FL 33916 since 18 November 2015 and is currently estimated at $314,191, approximately $130 per square foot. This property was built in 1973. 3862 Washington Ave is a home located in Lee County with nearby schools including Edgewood Academy, Tice Elementary School, and Orange River Elementary School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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