NOT LISTED FOR SALE

4516 Normandy Dr Naples, FL 34112

East Naples Neighborhood

Estimated Value: $615,000 - $737,000

2 Beds
2 Baths
-- Sq Ft
0.35 Acres

Last Sold April 11, 2022

Last sale price $550,000

Est. 18% increase in value since last sale

Current estimated payment $3,912/month

15 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • Laundry Facilities
  • Storage
  • Central Heating and Cooling System
  • Fenced

About This Home

As of April 2022

Calling all INVESTORS! Rarely available duplex on a DOUBLE LOT with PROVEN RENTAL INCOME is brimming with upgrades galore (one side is completely finished). The 2nd unit is an empty canvas, primed and ready for its new owner to add their personal style to. Upgrades include luxury vinyl flooring throughout (with extra for other side), NEW 2021 METAL ROOF, NEW WINDOWS throughout, and renovated kitchen and baths. The eat-in kitchen is sleek and modern and comes with all new stainless-steel appliances, stylistic porcelain tile backsplash and countertops, along with free-floating shelves and built-in cabinetry. The bathrooms feature all-new vanities and shower tile. Spacious backyard courtesy of the DOUBLE LOT offers two screened lanais, including an extended open-air lanai on the finished side. 2003, 2004 A/Cs, with an A/C in one garage. Avalon Estates is ideally located a stone’s throw from downtown Olde Naples, 5th Ave, the Pier, and velvet-sand Naples beaches and tranquil Gulf waters. This gem is a must-see!

Last Agent to Sell the Property

Scott Hansen

Premiere Plus Realty Company Listed on: 02/25/2022

Premiere Plus Realty Company

Last Buyer's Agent

Juan Romano

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,911

Year Built

  • Built in 1978

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Manual Sprinklers System

Home Design

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

Interior Spaces

  • Single Hung Windows
  • Storage

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric, sewer, water
  • Assessor Parcel Number 22620480004
  • Tax Block 1

Community Details

Overview

  • 2 Units
  • Avalon Estates Condos

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $3,911
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,911

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Legal Description: AVALON EST UNIT 1 BLK 1 LOT 14 & 15
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.111742$-81.758464$101.55$13.33$1.00$IEt45qbDkgm6vwXWIUIEtA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Road: Paved Road
  • Exterior Features: Fence, Sprinkler Manual, Storage
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: With Approval
  • Development: Avalon Estates
  • Amenities: Common Laundry
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: AVALON ESTATES

Lot Info

  • Section: 13
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.3500
  • Lot Description: Regular
  • Parcel Number: 22620480004

Rental Info

  • Tenant Pays: Full Electric, Sewer, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 3911.00

Multi Family

  • Gross Rental Income: 40800.00
  • Annual Expenses: 3911.00
  • Annual Net Operating Income: 40800.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Young Bruce Edward and Young Cynthia L
Bought by
4518 Normandy Llc
Current Estimated Value
$651,249

Purchase Details

Closed on
Jul 2, 1996
Sold by
Ferguson M Carolyn and Ferguson Robert B
Bought by
Young Bruce Edward and Young Cynthia L

Purchase Details

Closed on
Apr 27, 1995
Sold by
Ferguson M Carolyn
Bought by
Young Bruce Edward and Young Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,420
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
4518 Normandy Llc $272,500 Tiago Title Llc
Young Bruce Edward -- --
Young Bruce Edward $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Bruce Edward $69,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $550,000 +0.2% --
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $549,000 0.0% --
03/03/2022 03/03/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $549,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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 $6,086 $591,554 $342,361 $249,193
2024 $6,224 $553,669 $320,674 $232,995
2023 $6,224 $555,194 $268,311 $286,883
2022 $4,464 $333,201 $0 $0
2021 $3,911 $302,910 $138,180 $164,730
2020 $3,906 $234,027 $0 $0
2019 $3,277 $212,752 $0 $0
2018 $3,204 $193,411 $0 $0
2017 $2,950 $175,828 $0 $0
2016 $2,755 $159,844 $0 $0
2015 $2,282 $145,313 $0 $0
2014 $2,067 $132,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Hansen

    Seller's Agent in 2022

    Scott Hansen

    Premiere Plus Realty Company

    (239) 565-2135

    7 in this area

    118 Total Sales

    Scott Hansen
    Section Image
  • Juan Romano

    Buyer's Agent in 2022

    Juan Romano

    Premiere Plus Realty Company

    (239) 682-0044

    2 in this area

    66 Total Sales

    Juan Romano
    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 222012949

Multiple Listing Service of Bonita Springs-Estero

APN: 22620480004

Florida Collier County Naples 34112 East Naples

4516 Normandy Dr, Naples, FL

Not Listed for Sale

MultiFamily

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