NOT LISTED FOR SALE

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

4 Beds
4 Baths
-- Sq Ft
0.35 Acres

Last Sold August 07, 2020

Last sale price $272,500

Est. 139% increase in value since last sale

Current estimated payment $3,912/month

198 Days on Market

Highlights

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

About This Home

As of August 2020

GREAT INVESTMENT PROPERTY!! This is a 4BR, 4 bath, 4 car garage, concrete block duplex on city water and city sewer. Each unit has 2 bedrooms and 2 full baths along with 2 car garages. Each unit has a large fenced in backyard for kids and pets to run around. There is an laundry room that is shared between the two units. Each unit has an enclosed lanai with sliders off the master bedroom. This centrally located property is in the great Avalon section is a nice quet family area, convenient to schools, downtown Naples, 5th Ave, our beautiful beaches and the beautiful Sugden Regional Park which is walking distance...located at the end of the street! This duplex has a new irrigation system which is hooked up to a well, new luxury vinyl flooring in the bedrooms in one of the units with tile throughout the rest. Great investment or live in one side and collect the rent for the other. Minutes to downtown Naples, shopping, dining, entertainment, & our beautiful beaches!! This is a great investment property! You won't find another 4br, 4bath, 4 car garage duplex in this area. Price reduced for a quick sale. See today before it's too late!

Last Agent to Sell the Property

Laura Bolagno

Premiere Plus Realty Company Listed on: 12/28/2019

Premiere Plus Realty Company

Co-Listed By

Martin Bolagno

Premiere Plus Realty Company

Last Buyer's Agent

Avi Cela

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 1978

Lot Details

  • 0.35 Acre Lot
  • Fenced
  • 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

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, internet access, water
  • Assessor Parcel Number 22620480004
  • Tax Block 1

Community Details

Overview

  • 2 Units
  • Avalon Estates Condos

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,277

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$314.78$13.33$1.00$OsMOH1gqYSG1JG6AgluBZA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Well
  • 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: No Approval Needed
  • 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: Residential
  • Acres: 0.3500
  • Lot Description: Regular
  • Parcel Number: 22620480004

Rental Info

  • Tenant Pays: Cable, Full Electric, Internet Access, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 3277.44

Multi Family

  • Gross Rental Income: 25200.00
  • Annual Net Operating Income: 25200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2019
Closed on
Aug 7, 2020
Sold by
Young Bruce Edward and Young Cynthia L
Bought by
4518 Normandy Llc
Seller's Agent
Laura Bolagno
Premiere Plus Realty Company
Buyer's Agent
Avi Cela
Premiere Plus Realty Company
List Price
$335,000
Sold Price
$272,500
Premium/Discount to List
-$62,500
-18.66%
Current Estimated Value
$651,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,749
Avg. Annual Appreciation
17.37%

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
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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
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
08/07/2020 08/07/20 Sold $272,500 -14.8% --
07/13/2020 07/13/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $320,000 -4.5% --
06/11/2020 06/11/20 For Sale $335,000 0.0% --
05/26/2020 05/26/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $335,000 -4.3% --
04/08/2020 04/08/20 For Sale $350,000 0.0% --
03/03/2020 03/03/20 Pending -- -- --
02/10/2020 02/10/20 Price Changed $350,000 0.0% --
02/10/2020 02/10/20 For Sale $350,000 -12.5% --
01/28/2020 01/28/20 Pending -- -- --
12/28/2019 12/28/19 For Sale $400,000 -- --
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 $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

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219084529

Naples Area Board of REALTORS®

APN: 22620480004