NOT LISTED FOR SALE

Estimated Value: $497,000 - $736,633

5 Beds
4 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold October 19, 2015

Last sale price $347,500

Est. 82% increase in value since last sale

Current estimated payment $3,785/month

14 Days on Market

About This Home

As of October 2015

Great opportunity on a quadraplex West of 41 and just one mile to Gulf of Mexico. Concrete block construction. First building consists of 3 units; Second building is a 2BR, 1 BA Cottage. All roofs replaced in 2012 and units have had many recent refurbishments (list attached). No deferred maintenance here. Three units are rented and owner resides in 4th (cottage). If 4th unit is rented, the projected annual gross income would be $40,080 (conservatively). Perfect for an Investor or owner/user that wants a stepping-stone property in this desirable neighborhood. Strong rental demand. Being sold "As Is" however owner has completed a seller's disclosure and knows of nothing that adversely affects the property's value. Income/Expense Sheet is attached. Due to conflicting public record information, buyer required to verify all square footage measurements.

Last Agent to Sell the Property

Susan DeShong

Realty One Group MVP License #NAPLES-249510126 Listed on: 08/10/2015

Realty One Group MVP

Last Buyer's Agent

Deborah Bateman

John R. Wood Properties License #BEAR-0562964

John R. Wood Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,975

Year Built

  • 1973

Lot Details

  • 10,454

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone

Community Details

Overview

  • Bonita Springs Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $12,902
  • Net Operating Income $27,178

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,975

Year Built

1973

Lot Details

0

Listing Details

  • Legal Description: BEG SE COR SEC 32 TH W 665 FT TH N 1658.5 FT TH W 485 FT TO POB TH S 175 FT
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1973

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fence
  • Construction: Concrete Block
  • Exterior Features: Fence
  • Exterior Finish: Stucco
  • Windows: Single Hung, Sliding

Utilities

  • Cooling: Ceiling Fans, Central Electric, Wall Unit
  • Heating: Central Electric
  • Sewer: Assessment Unpaid
  • Water: Assessment Unpaid, Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: BONITA SPRINGS

Association/Amenities

  • Units in Building: 4
  • Pets: With Approval

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 60 X 175
  • Lot Back: 60
  • Lot Frontage: 60
  • Lot Left: 175
  • Lot Right: 175
  • Lot Unit: 13
  • Section: 32
  • Zoning Code: TFC2

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone

Tax Info

  • Tax Description: City And County, Homestead

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 40080.00
  • Annual Expenses: 12902.00
  • Annual Net Operating Income: 27178.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2015
Closed on
Oct 19, 2015
Sold by
Rittenhouse A Elliott
Bought by
Tarpon Ave Realty Llc
Seller's Agent
Susan DeShong
Realty One Group MVP
Buyer's Agent
Deborah Bateman
John R. Wood Properties
List Price
$395,500
Sold Price
$347,500
Premium/Discount to List
-$48,000
-12.14%
Current Estimated Value
$633,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,408
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Sep 19, 2013
Sold by
Jamm Properties Llp
Bought by
Rittenhouse A Elliott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
4.39%
Mortgage Type
Commercial

Purchase Details

Closed on
May 12, 2004
Sold by
Joyce Llc
Bought by
Jamm Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 1998
Sold by
Blecha Maria Elena and Picart Felix I
Bought by
Stabenau John W and Schmidt Raymond H
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tarpon Ave Realty Llc $347,500 Premier Land Title Llc
Rittenhouse A Elliott $189,000 Attorney
Jamm Properties Llp $250,000 Executive Title Insurance Se
Stabenau John W $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rittenhouse A Elliott $141,750
Previous Owner Jamm Properties Llp $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2015 10/19/15 Sold $347,500 -12.1% --
08/24/2015 08/24/15 Pending -- -- --
08/10/2015 08/10/15 For Sale $395,500 -- --
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
2024 $3,975 $327,542 -- --
2023 $3,975 $297,765 $0 $0
2022 $4,126 $270,695 $0 $0
2021 $3,485 $246,086 $70,561 $175,525
2020 $3,446 $235,791 $70,561 $165,230
2019 $3,480 $235,791 $70,561 $165,230
2018 $3,295 $220,447 $70,561 $149,886
2017 $3,109 $201,870 $60,108 $141,762
2014 -- $153,110 $30,096 $123,014
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 215044698

Naples Area Board of REALTORS®

APN: 32-47-25-B3-03210.0130