NOT LISTED FOR SALE

Estimated Value: $509,000 - $584,000

4 Beds
2 Baths
-- Sq Ft
0.34 Acres

Last Sold August 31, 2016

Last sale price $185,000

Est. 192% increase in value since last sale

Current estimated payment $3,215/month

40 Days on Market

About This Home

As of August 2016

BACK ON MARLET!! Buyers financing fell thru!! Investors delight!! Situated on a DOUBLE LOT, this duplex is in good condition with tenants on month to month rental (no leases) at $750 each side. Rents could easily be raised to $900/month. Extra storage (2 sides) in the shed in back yard. Washer/dryer hookups on screened lanai (current appliances belong to tenants). Complete new a/c units in 2014. Short ride to Sugden Park, downtown, and beaches.

Last Agent to Sell the Property

Judy Heaslip

Prime Real Estate of Naples Listed on: 05/13/2016

Last Buyer's Agent

Abdul Prawiradilaga

Starlink Realty, Inc

Starlink Realty, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1987

Lot Details

  • 0.34

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for application fee, cable, full electric, full telephone, internet access, lawn care, long distance telephone, pest control, security, sewer, water

Community Details

Overview

  • Avalon Estates Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $4,000
  • Net Operating Income $14,000

Property Details

Home Type

Multi-Family

Year Built

1987

Lot Details

0

Listing Details

  • Legal Description: AVALON EST UNIT 1 BLK 1 LOTS 21 + 22 OR 1250 PG 1943
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Interior Features

  • Flooring: Carpet, Tile, Vinyl

Exterior Features

  • Roof: Shingle
  • Exterior Features: Extra Building
  • Construction: Concrete Block
  • Exterior Features: Extra Building
  • Exterior Finish: Stucco
  • Road: Paved Road
  • Windows: Single Hung

Utilities

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

Condo/Co-op/Association

  • Amenities: Extra Storage
  • Community Type: Non-Gated
  • Sub Condo Name: AVALON ESTATES

Association/Amenities

  • Units in Building: 2
  • Pets: With Approval
  • Development: Avalon Estates

Lot Info

  • Lot Description: Oversize
  • Lot Dimensions: 128 X 121 X 129 X 121
  • Section: 13
  • Zoning Code: 8

Rental Info

  • Tenant Pays: Application Fee, Cable, Full Electric, Full Telephone, Internet Access, Lawn Care, Long Distance Telephone, Pest Control, Security, Sewer, Water

Tax Info

  • Tax Description: County Only, No Homestead

Multi Family

  • Gross Rental Income: 18000.00
  • Annual Expenses: 4000.00
  • Annual Net Operating Income: 14000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Aug 17, 2016
Sold by
Mitchell Shirley A
Bought by
Sedano Simon Castro and Garcia Mena M
Seller's Agent
Judy Heaslip
Prime Real Estate of Naples
Buyer's Agent
Abdul Prawiradilaga
Starlink Realty, Inc
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$540,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,448
Avg. Annual Appreciation
12.11%
Original Mortgage
$181,649
Outstanding Balance
$144,794
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$395,654

Purchase Details

Closed on
Jul 2, 2013
Sold by
Mitchell Shirley A
Bought by
Mitchell Shirley A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sedano Simon Castro $185,000 Stewart Title Llc
Mitchell Shirley A -- Cottrell Law & Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedano Simon Castro $181,649
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2016 08/31/16 Sold $185,000 -2.6% --
06/22/2016 06/22/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $189,900 0.0% --
05/17/2016 05/17/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $189,900 -- --
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
2025 $4,670 $357,823 -- --
2022 $3,865 $268,838 $0 $0
2021 $3,243 $244,398 $135,240 $109,158
2020 $3,877 $272,829 $0 $0
2019 $3,260 $248,026 $162,840 $85,186
2018 $3,250 $247,656 $0 $0
2017 $2,995 $225,142 $148,488 $76,654
2016 $2,320 $137,856 $0 $0
2015 $1,840 $125,324 $0 $0
2014 $1,709 $113,931 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 216033288

Naples Area Board of REALTORS®

APN: 22620680008