NOT LISTED FOR SALE

Estimated Value: $592,000 - $714,000

4 Beds
2 Baths
-- Sq Ft
0.41 Acres

Last Sold November 12, 2024

Last sale price $688,000

Est. 5% decrease in value since last sale

Current estimated payment $3,773/month

85 Days on Market

Highlights

  • 0.41 Acre Lot
  • Concrete Block With Brick
  • 1-Story Property
  • Jalousie or louvered window
  • Park
  • Central Heating and Cooling System

About This Home

As of November 2024

The photos say it all- looks like this home is on the Gulf of Mexico. Recreation Opportunities: Access to swimming, boating, sailing, fishing, and scenic walks around the lake. One side completely redone! Left side is tenant occupied for $1500 a month, tenant may stay or go. Market rent is $2000-$2500 per month.Airbnb Potential: No restrictions on rental, making it a prime candidate for short-term rentals. Spectacular piece of property with Lake Views from anywhere on the property. Duplex with lots of room on the side to build a home? Concrete block duplex with newer metal roof. The value is in the lake view, not just a lake, a lake you can swim in and boat on. Lake Avalon/Sudgen park. What a location. Playgrounds, sailing, boating, fishing, swimming and you can walk around the lake. Super investment opportunity for future growth. Soon there will be a walkway connecting the park to Bayshore for a quick walk to Bayshore Arts district. Walk to pickle ball. Prime for air bnb. No restrictions! lot is 184X170X193X290. This property offers an incredible opportunity for both personal enjoyment and investment. With its prime location, stunning lake views, and a wealth of recreational activities, it’s a perfect fit for those looking to capitalize on the area's growth. Don't miss out on this unique chance!

Last Agent to Sell the Property

Amy Ashby

VIP Realty Group, Inc. Listed on: 07/22/2024

VIP Realty Group, Inc.

Co-Listed By

Scott Pegurri

VIP Realty Group, Inc.

Last Buyer's Agent

Neno Mihajlovikj

Realty One Group MVP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,089

Year Built

  • Built in 1976

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions: 80
  • Fenced
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Single Hung Windows
  • Concrete Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric, water
  • Assessor Parcel Number 22620720007
  • Tax Block 1

Community Details

Overview

  • 2 Units
  • Avalon Estates Condos
  • Avalon Estates Community

Recreation

  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,089

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Legal Description: AVALON EST UNIT 1 BLK 1 LOT 23
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.113284$-81.758456$289.81$13.33$1.00$d8So2wo8NPOjQSD_ag5ieQ
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Concrete
  • Windows: Jalousie, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Road: County Maintained, Paved Road, Public Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Assessment Paid, Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Avalon Estates
  • Amenities: Community Park
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: AVALON ESTATES
  • Development Name: AVALON ESTATES

Lot Info

  • Section: 13
  • Waterfront: No
  • Zoning Code: rmf6
  • Acres: 0.4100
  • Lot Description: Irregular Shape, Oversize
  • Lot Dimensions: 80 X 160 X 140 X 70
  • Parcel Number: 22620720007

Rental Info

  • Tenant Pays: Full Electric, Water

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 4088.66
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Nov 12, 2024
Sold by
Nolan Revocable Trust and Nolan Robert R
Bought by
Mihajlovikj Elizabeta
Seller's Agent
Amy Ashby
VIP Realty Group, Inc.
Buyer's Agent
Neno Mihajlovikj
Realty One Group MVP
List Price
$735,000
Sold Price
$688,000
Premium/Discount to List
-$47,000
-6.39%
Views
410
Current Estimated Value
$651,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,813
Avg. Annual Appreciation
-4.59%
Original Mortgage
$653,000
Outstanding Balance
$646,499
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$4,688

Purchase Details

Closed on
Jul 23, 2020
Sold by
Nolan Robert R
Bought by
Nolan Robert R

Purchase Details

Closed on
Jun 26, 1997
Sold by
Leverick William A
Bought by
Nolan Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.93%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mihajlovikj Elizabeta $688,000 Omega National Title
Mihajlovikj Elizabeta $688,000 Omega National Title
Nolan Robert R -- Attorney
Nolan Robert R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihajlovikj Elizabeta $653,000
Closed Mihajlovikj Elizabeta $653,000
Previous Owner Nolan Robert R $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $688,000 -6.4% --
10/15/2024 10/15/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $735,000 -- --
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
2025 $4,410 $515,274 $367,158 $148,116
2024 $4,089 $269,462 -- --
2023 $4,089 $244,965 $0 $0
2022 $3,581 $222,695 $0 $0
2021 $3,087 $202,450 $0 $0
2020 $3,561 $184,045 $0 $0
2019 $2,910 $167,314 $0 $0
2018 $2,854 $152,104 $0 $0
2017 $2,636 $138,276 $0 $0
2016 $2,413 $125,705 $0 $0
2015 $1,850 $114,277 $0 $0
2014 $1,699 $103,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224061089

Naples Area Board of REALTORS®

APN: 22620720007