NOT LISTED FOR SALE

Estimated Value: $616,000 - $698,000

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: September 28, 2020

Last sale price $335,000

Est. 99% increase in value since last sale

Current estimated payment $4,116 / mo

73 Days on Market

Highlights

  • Pond
  • Concrete Block With Brick
  • Fenced
  • Sea Gate Elementary School Rated A
  • Tile Flooring
  • Paved or Partially Paved Lot

About This Home

As of September 2020

CASH COW!! 0% Vacancy or missed payments in 50+ months of ownership! 2020 NEW ROOF! NEW DRAINFIELD! NO HOA! BIKE RIDE TO THE BEACH, MERCATO, WATERSIDE SHOPS, VENETIAN VILLAGE! Right side of this waterfront duplex was completely remodeled including new windows, new cabinets, granite countertops, new bathroom and appliances. Tile throughout both units! Rent both units or live in one side and rent the other side. See confidential comments for more information.

Last Agent to Sell the Property

Andrew Ventura

William Raveis Real Estate Listed on: 06/26/2020

William Raveis Real Estate

Co-Listed By

Joe Belz

Compass Florida LLC

Last Buyer's Agent

Arnulf Albrecht

eXp Realty LLC

eXp Realty LLC

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,826

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 125 x 89 x 100
  • Fenced
  • Paved or Partially Paved Lot

Home Design

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

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Pond

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for lawn service, water
  • Assessor Parcel Number 63404800005
  • Tax Block 8

Community Details

Overview

  • 2 Units
  • Naples Twin Lakes Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,720
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,826

Year Built

Built in 1966

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Legal Description: NAPLES TWIN LAKES BLK 8 LOT 6
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.201706$-81.798749$16.00$13.33$1.00$amEyCskG32v9nO2eqNMb9w
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: Paved Road
  • Exterior Features: Fence, Pond
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Wall Unit
  • Heat: Wall Unit
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Twin Lakes
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES TWIN LAKES

Lot Info

  • Section: 15
  • Waterfront: No
  • Zoning Code: RMF-6
  • Acres: 0.2000
  • Lot Dimensions: 75 X 125 X 89 X 100
  • Parcel Number: 63404800005

Rental Info

  • Tenant Pays: Lawn Service, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 2826.00

Multi Family

  • Gross Rental Income: 27720.00
  • Annual Expenses: 6720.00
  • Annual Net Operating Income: 21000.00

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

Closed on
Sep 30, 2022
Sold by
Albrecht Arnulf
Bought by
Current Estimated Value
$666,620

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 25, 2020
Sold by
F & M Alhambra Llc
Bought by
Albrecht Arnulf
Seller's Agent
Andrew Ventura
William Raveis Real Estate
Buyer's Agent
Arnulf Albrecht
eXp Realty LLC
List Price
$375,000
Sold Price
$335,000
Premium/Discount to List
-$40,000
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
May 15, 2017
Sold by
Ferrara Stephen and Maier Douglas Edward
Bought by
F M Alhambera Lllc

Purchase Details

Closed on
Mar 17, 2016
Sold by
Henke Gordon
Bought by
Ferrara Stephen and Maier Douglas Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2015
Sold by
Dh Squared Properties Llc
Bought by
Henke Gordon and 4516 Alhambra Circle West Trust

Purchase Details

Closed on
Jan 1, 2015
Bought by
Ferrara Stephen

Purchase Details

Closed on
Apr 9, 2002
Sold by
Vach Geneva M
Bought by
Toledo Ronald and Toledo Bertha G

Purchase Details

Closed on
Apr 8, 1996
Sold by
Vach William J and Vach Geneva M
Bought by
Vach Geneva M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
Albrecht Arnulf $335,000 Attorney
F M Alhambera Lllc -- Attorney
Ferrara Stephen -- Florida Universal Title Llc
Ferrara Stephen $209,000 Florida Universal Title Llc
Henke Gordon -- Attorney
Ferrara Stephen $100 --
Toledo Ronald -- --
Toledo Roland $148,000 --
Vach Geneva M -- --
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 $200,000
Previous Owner Albrecht Arnulf $125,000
Previous Owner Ferrara Stephen $156,750
Previous Owner Toledo Roland $99,500
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
09/28/2020 09/28/20 Sold $335,000 -5.6% --
09/07/2020 09/07/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $355,000 -5.3% --
06/26/2020 06/26/20 For Sale $375,000 -- --
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
2026 $5,467 $421,391 $282,601 $138,790
2025 $5,467 $569,607
2024 $4,587 $539,041 $407,353 $131,688
2023 $4,587 $310,478 $0 $0
2022 $4,033 $282,253 $0 $0
2021 $3,254 $256,594 $179,160 $77,434
2020 $3,085 $241,468 $0 $0
2019 $2,826 $219,516 $165,903 $53,613
2018 $2,703 $209,404 $133,557 $75,847
2017 $2,552 $194,957 $133,557 $61,400
2016 $2,272 $160,854 $0 $0
2015 $2,003 $146,231 $0 $0
2014 $1,547 $91,389 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220040346

Naples Area Board of REALTORS®

APN: 63404800005

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