NOT LISTED FOR SALE

407 Mango Ave Marco Island, FL 34145

Estimated Value: $488,000 - $1,252,000

-- Bed
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold March 15, 2022

Last sale price $680,000

Est. 10% increase in value since last sale

Current estimated payment $4,352/month

517 Days on Market

Highlights

  • Deck
  • Concrete Block With Brick
  • Vinyl Flooring
  • Tommie Barfield Elementary School Rated A
  • Ceiling Fan

About This Home

As of March 2022

CALLING ALL INVESTORS. This is a rare opportunity to own a quadruplex in Goodland. Each unit has a very modern feel with luxury vinyl tile (LVT) flooring throughout and light colored walls. Kitchens are equipped with handmade modern shaker cabinetry, quartz counter-tops, refrigerators, modern ranges, and microwaves. Bathrooms have walk-in showers. Don’t miss out on owning this income producing piece of paradise!

Last Agent to Sell the Property

Joseph Bartos

Premiere Plus Realty Company License #NAPLES-267510559 Listed on: 08/28/2020

Premiere Plus Realty Company

Co-Listed By

Michael Skudnig

Premiere Plus Realty Company License #NAPLES-395557401

Last Buyer's Agent

Joseph Bartos

Premiere Plus Realty Company License #NAPLES-267510559 Listed on: 08/28/2020

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions: 60

Home Design

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

Interior Spaces

  • 4 Full Bathrooms
  • Ceiling Fan
  • Single Hung Windows
  • Vinyl Flooring

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tenant pays for cable, full electric
  • Assessor Parcel Number 46272120002
  • Tax Block 4

Community Details

Overview

  • 4 Units
  • Goodland Isles Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $12,903
  • Net Operating Income $38,517

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,571

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Legal Description: GOODLAND HGTS AMENDED BLK 4 LOT 31
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$25.924477$-81.644969$317.31$13.33$1.00$3rDSgRYi1KabSgiQn-joAA
  • Building Design: Quadraplex
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Flooring: Vinyl
  • Windows: Single Hung

Exterior Features

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Wall Unit
  • Heat: Wall Unit
  • Sewer: Septic
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Goodland
  • Community Type: Non-Gated
  • Units In Building: 4

Condo/Co-op/Association

  • Sub Condo Name: GOODLAND ISLES

Lot Info

  • Lot Back: 60
  • Lot Frontage: 60
  • Lot Left: 100
  • Lot Right: 100
  • Lot Unit: 31
  • Section: 18
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.1400
  • Lot Description: Regular
  • Lot Dimensions: 60 X 100
  • Parcel Number: 46272120002

Rental Info

  • Tenant Pays: Cable, Full Electric

Tax Info

  • Tax Description: City And County
  • Taxes: 2571.00

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 51420.00
  • Annual Expenses: 12903.49
  • Annual Net Operating Income: 38516.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Mar 15, 2022
Sold by
Island Retreat Llc
Bought by
Smith Revocable Trust
Seller's Agent
Joseph Bartos
Premiere Plus Realty Company
Buyer's Agent
Joseph Bartos
Premiere Plus Realty Company
List Price
$629,000
Sold Price
$680,000
Premium/Discount to List
$51,000
8.11%
Current Estimated Value
$745,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,324
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
May 22, 2013
Sold by
Short Bill J and Short Wandel J
Bought by
Island Retreat Llc

Purchase Details

Closed on
Jun 2, 2005
Sold by
Short Bill J and Short Wandel J
Bought by
Short Carol Jeanne and Short Wandel J

Purchase Details

Closed on
May 2, 1996
Sold by
Curcie Bros Inc
Bought by
Short Bill J and Short Wandel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.67%
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
Smith Revocable Trust $680,000 New Title Company Name
Island Retreat Llc $165,000 First Title & Abstract
Short Carol Jeanne -- --
Short Bill J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Short Bill $99,000
Previous Owner Short Bill J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $680,000 -2.8% --
01/27/2022 01/27/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $699,900 +11.3% --
01/26/2022 01/26/22 For Sale $629,000 -7.5% --
12/03/2021 12/03/21 Off Market $680,000 -- --
09/21/2021 09/21/21 Price Changed $629,000 +5.0% --
01/04/2021 01/04/21 Price Changed $599,000 +19.8% --
11/02/2020 11/02/20 Price Changed $500,000 +8.7% --
08/28/2020 08/28/20 For Sale $459,900 -- --
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
2024 $3,582 $265,088 $194,234 $70,854
2023 $3,582 $253,685 $169,884 $83,801
2022 $2,756 $168,880 $101,930 $66,950
2021 $3,432 $181,930 $0 $0
2020 $2,758 $165,391 $0 $0
2019 $2,571 $150,355 $75,600 $74,755
2018 $2,412 $137,943 $63,000 $74,943
2017 $2,370 $135,125 $63,000 $72,125
2016 $2,285 $133,071 $0 $0
2015 $2,161 $120,974 $0 $0
2014 $2,105 $116,817 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220054387

Naples Area Board of REALTORS®

APN: 46272120002