NOT LISTED FOR SALE

Estimated Value: $520,369 - $747,000

5 Beds
3 Baths
-- Sq Ft
12,197 Sq Ft Lot

Sale Details

Date Sold: July 29, 2020

Last sale price $310,000

Est. 98% increase in value since last sale

Current estimated payment $3,661 / mo

14 Days on Market

Highlights

  • Home fronts a canal
  • Concrete Block With Brick
  • Storage
  • Fruit Trees
  • Patio
  • Tile Flooring

About This Home

As of July 2020

Strategic location minutes from down town 5th Ave, beaches, shoppes and restaurants, next to Lake Park area, woody and fresh, wait no more and start making rental income in Naples, FL, under remodeling upgrades: tile, baths, lights, paint and more

Last Agent to Sell the Property

Abdul Prawiradilaga

Starlink Realty, Inc Listed on: 06/17/2020

Starlink Realty, Inc

Last Buyer's Agent

Abdul Prawiradilaga

Starlink Realty, Inc Listed on: 06/17/2020

Starlink Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,818

Year Built

  • Built in 1976

Lot Details

  • 12,197 Sq Ft Lot
  • Lot Dimensions: 123
  • Home fronts a canal
  • Sprinkler System
  • Fruit Trees

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • Ceiling Fan
  • Single Hung Windows
  • Storage
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for credit application, full electric, full telephone
  • Assessor Parcel Number 22625120000
  • Tax Block 7

Community Details

Overview

  • 2 Units
  • Avalon Estates Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,818
  • Net Operating Income $30,582

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,818

Year Built

Built in 1976

Lot Details

0.28 Acres

Listing Details

  • Legal Description: AVALON EST UNIT 1 BLK 7 LOTS 11 + 12 OR 648 PG 1016
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.111153$-81.766088$244.21$13.33$1.00$j469V-m-8RSS_aE1dmRObw
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Canal Width: Canal Width 1-30
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • Exterior Features: Fruit Trees, Patio, Sprinkler Auto, Storage
  • Exterior Finish: Stucco, Vinyl Siding
  • Waterfront Type: Canal

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Sub Condo Name: AVALON ESTATES

Lot Info

  • Section: 13
  • Waterfront: Yes
  • Zoning Code: RMF-6
  • Acres: 0.2800
  • Lot Description: Dead End, Regular
  • Lot Dimensions: 123 X 103 X 123 X 104
  • Parcel Number: 22625120000

Rental Info

  • Tenant Pays: Credit Application, Full Electric, Full Telephone

Tax Info

  • Tax Description: County Only
  • Taxes: 2818.00

Multi Family

  • Gross Rental Income: 38400.00
  • Annual Expenses: 7818.00
  • Annual Net Operating Income: 30582.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2025
Sold by
Soto Perla and Velez Freddy Adan
Bought by
Velez Freddy Adan
Current Estimated Value
$612,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$287,015
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$325,327

Purchase Details

Closed on
May 14, 2020
Sold by
Kratt Joseph A and Kratt Rosemary H
Bought by
Soto Peria and Velez Freddy Adan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Interest Rate
3.3%
Mortgage Type
Balloon
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
Velez Freddy Adan -- Mortgage Connect
Velez Freddy Adan -- Mortgage Connect
Soto Peria $310,000 Sandbar Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Freddy Adan $288,000
Closed Velez Freddy Adan $288,000
Previous Owner Soto Peria $222,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2020 07/29/20 Sold $310,000 -18.4% --
07/29/2020 07/29/20 Price Changed $379,999 -25.5% --
06/17/2020 06/17/20 For Sale $509,999 -- --
Source: Naples Area Board of REALTORS®

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 $4,362 $370,684 -- --
2024 $4,112 $336,985 -- --
2023 $4,112 $306,350 -- --
2022 $3,674 $278,500 $0 $0
2021 $3,343 $253,182 $123,480 $129,702
2020 $3,477 $211,536 $0 $0
2019 $2,818 $180,727 $0 $0
2018 $2,808 $164,297 $0 $0
2017 $2,590 $149,361 $0 $0
2016 $2,411 $135,783 $0 $0
2015 $1,988 $123,439 $0 $0
2014 $1,810 $112,217 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220032513

Naples Area Board of REALTORS®

APN: 22625120000

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