NOT LISTED FOR SALE

401 Joel Blvd Unit A + B Lehigh Acres, FL 33936

Joel Neighborhood

Estimated Value: $224,000 - $278,000

3 Beds
2 Baths
1,440 Sq Ft
$182/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $179,000 $124 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,683/month

477 Days on Market

Highlights

  • On Golf Course
  • Cooling System Mounted In Outer Wall Opening
  • Awning
  • Bike Room
  • Tile Flooring
  • Outdoor Storage

About This Home

As of February 2021

Property is about 1/2 acre of land overlooking golf course and siding a small canal, the duplex has been recently upgraded.. new roof.. new paint inside and out.. new bathroom cabinets, etc
It is in an area of great rental demand. Rental rates are conservative estimates
Property appraised at $180K

Last Agent to Sell the Property

Carlos Frizone

Realty Hub License #258002744 Listed on: 09/13/2019

Last Buyer's Agent

Kayinah Destine

TM Listings, LLC License #251560499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,309

Year Built

  • Built in 1960

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 112 x 202 x 112 x 202
  • On Golf Course
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • Awning
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water
  • Assessor Parcel Number 27-44-27-03-00011.0010

Community Details

Overview

  • 2 Units
  • Lehigh Properties Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,700
  • Net Operating Income $14,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,309

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 112 x 202 x 112 x 202
  • Road Surface Type: Paved
  • Subdivision Name: LEHIGH PROPERTIES
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1960
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: On Golf Course, Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Storage, Awning(s)
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Assessment Unpaid, Public Sewer, See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Bike Storage, Storage
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 27-44-27-03-00011.0010
  • Zoning Description: Multifamily
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 14500.0
  • Annual Operating Expense: 4700.0

Tax Info

  • Tax Annual Amount: 3309.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2022
Sold by
Desravines Labossier
Bought by
Hossain Mohammed Muktar
Current Estimated Value
$261,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Outstanding Balance
$261,631
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$323

Purchase Details

Listed on
Sep 13, 2019
Closed on
Feb 3, 2021
Sold by
Marvi Llc
Bought by
Desravines Labossier
Seller's Agent
Carlos Frizone
Realty Hub
Buyer's Agent
Kayinah Destine
TM Listings, LLC
List Price
$186,000
Sold Price
$179,000
Premium/Discount to List
-$7,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$175,757
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2003
Sold by
Frizone Family Ptnr
Bought by
Marvi Inc

Purchase Details

Closed on
Jul 27, 1995
Sold by
Scott Michael A and Scott Deborah Ann
Bought by
Frizone Family Ptnr

Purchase Details

Closed on
Apr 19, 1995
Sold by
Housing & Urban Dev
Bought by
Scott Michael A and Scott Deborah Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
8.59%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 1994
Sold by
Farm & Home Sav Assn
Bought by
Housing & Urban Dev

Purchase Details

Closed on
May 3, 1994
Sold by
Clerk Circuit Court
Bought by
Farm & Home Sav Assn
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
Hossain Mohammed Muktar $280,000 Cottrell Title & Escrow
Desravines Labossier $179,000 Mls Title Llc
Marvi Inc -- --
Frizone Family Ptnr $62,000 --
Scott Michael A $46,000 --
Housing & Urban Dev -- --
Farm & Home Sav Assn $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Mohammed Muktar $270,019
Previous Owner Desravines Labossier $175,757
Previous Owner Scott Michael A $30,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $179,000 -3.8% $124 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
09/13/2019 09/13/19 For Sale $186,000 -- $129 / 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
2025 $3,708 $147,641 -- --
2024 $3,708 $143,480 $22,875 $115,836
2023 $3,627 $139,986 $21,520 $118,466
2022 $4,057 $143,441 $7,500 $135,941
2021 $3,333 $101,601 $7,500 $94,101
2020 $3,262 $94,479 $6,600 $87,879
2019 $3,649 $94,483 $6,200 $88,283
2018 $3,591 $95,281 $6,200 $89,081
2017 $3,447 $86,397 $5,100 $81,297
2016 $3,341 $80,126 $5,100 $75,026
2015 $3,226 $69,004 $4,440 $64,564
2014 -- $59,602 $3,000 $56,602
2013 -- $49,797 $3,800 $45,997
Source: Public Records

Agents Affiliated with this Home

  • Carlos Frizone

    Seller's Agent in 2021

    Carlos Frizone

    Realty Hub

    (239) 822-6191

    2 in this area

    18 Total Sales

    Carlos Frizone
    Section Image

  • K

    Buyer's Agent in 2021

    Kayinah Destine

    TM Listings, LLC

    (239) 571-0803

    2 in this area

    40 Total Sales

    Kayinah Destine
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219060564

Florida Gulf Coast Multiple Listing Service

APN: 27-44-27-03-00011.0010

Florida Lee County Lehigh Acres 33936 Joel

401 Joel Blvd Unit A + B, Lehigh Acres, FL

This home is located at 401 Joel Blvd Unit A + B, Lehigh Acres, FL 33936 since 13 September 2019 and is currently estimated at $261,954, approximately $181 per square foot. This property was built in 1960. 401 Joel Blvd Unit A + B is a home located in Lee County with nearby schools including Lehigh Elementary School, The Alva School, and Gateway Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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