NOT LISTED FOR SALE

Estimated Value: $726,000 - $952,000

12 Beds
8 Baths
-- Sq Ft
1.2 Acre Lot

Sale Details

Date Sold: April 25, 2016

Last sale price $1,970,000

Current estimated payment $5,149 / mo

About This Home

As of April 2016

Four Quadraplexes with all 3 bed/ 2 bath units.

Last Agent to Sell the Property

Gordon Henke

Premier Property Management Listed on: 04/25/2016

Co-Listed By

Andrew Ventura

William Raveis Real Estate

Last Buyer's Agent

Matthew Pikus

Current Property Management

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1997

Lot Details

  • 1.2

Home Design

  • Quadruplex

Listing and Financial Details

  • Tenant pays for application fee, full electric, sewer, water

Community Details

Overview

  • Lely Tropical Estates Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $86,200
  • Net Operating Income $125,000

Property Details

Home Type

Multi-Family

Year Built

1997

Lot Details

1.2 Acres

Listing Details

  • Legal Description: LELY TROPICAL EST UNIT 2 BLK 14 LOT 2
  • Street View Param: 1$26.11461$-81.74916999999999$44.17$13.33$1.00$1lY0UMHXvTPzUz4bBLfh1Q
  • Building Design: Quadraplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1997

Interior Features

  • Flooring: Carpet, Tile

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Central

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: LELY TROPICAL ESTATES

Association/Amenities

  • Units in Building: 16
  • Pets: No Approval Needed
  • Development: Lely Tropical Estates

Lot Info

  • Lot Description: 4 Lots
  • Lot Dimensions: 400 X 130
  • Section: 18
  • Zoning Code: RMF 12

Rental Info

  • Tenant Pays: Application Fee, Full Electric, Sewer, Water

Tax Info

  • Tax Description: County Only

Multi Family

  • Gross Rental Income: 211200.00
  • Annual Expenses: 86200.00
  • Annual Net Operating Income: 125000.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Apr 25, 2016
Sold by
Bought by
Seller's Agent
Gordon Henke
Premier Property Management
Buyer's Agent
Matthew Pikus
Current Property Management
List Price
$2,100,000
Sold Price
$1,970,000
Premium/Discount to List
-$130,000
-6.19%
Current Estimated Value
$839,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,131,000
Avg. Annual Appreciation
-7.98%
Original Mortgage
$1,150,000
Outstanding Balance
$892,608
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
-$53,608

Purchase Details

Listed on
Apr 25, 2016
Closed on
Mar 24, 2016
Sold by
Bought by
Seller's Agent
Gordon Henke
Premier Property Management
Buyer's Agent
Matthew Pikus
Current Property Management
List Price
$2,100,000
Sold Price
$1,970,000
Premium/Discount to List
-$130,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$892,608
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
-$53,608

Purchase Details

Listed on
Apr 25, 2016
Closed on
Mar 1, 2016
Bought by
Seller's Agent
Gordon Henke
Premier Property Management
Buyer's Agent
Matthew Pikus
Current Property Management
List Price
$2,100,000
Sold Price
$1,970,000
Premium/Discount to List
-$130,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Outstanding Balance
$892,608
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
-$53,608

Purchase Details

Closed on
Nov 16, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2015
Bought by

Purchase Details

Closed on
Sep 13, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1998
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1998
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in East Naples, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,970,000 Attorney
-- Attorney
$100 --
-- Attorney
$100 --
-- Attorney
$951,000 None Available
$1,360,000 --
$250,000 --
$250,000 --
$500,000 --
$500,000 --
$80,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,150,000
Previous Owner $1,115,000
Previous Owner $250,000
Previous Owner $785,894
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $1,970,000 -6.2% --
04/25/2016 04/25/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $2,100,000 -- --
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,355 $735,214 $306,336 $428,878
2024 $8,507 $719,783
2023 $8,507 $654,348 $0 $0
2022 $7,918 $594,862 $0 $0
2021 $7,157 $540,784 $0 $0
2020 $6,515 $491,622 $135,375 $356,247
2019 $5,583 $408,535 $95,000 $313,535
2018 $5,599 $411,778 $114,000 $297,778
2017 $5,208 $376,635 $108,775 $267,860
2016 $4,755 $328,317 $0 $0
2015 $4,584 $298,470 $0 $0
2014 $3,985 $271,336 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217033007

Naples Area Board of REALTORS®

APN: 55501960005

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