NOT LISTED FOR SALE

Estimated Value: $529,324 - $715,000

4 Beds
2.5 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $440,000

Est. 42% increase in value since last sale

Current estimated payment $3,734/month

1 Day on Market

Highlights

  • Fruit Trees
  • Traditional Architecture
  • Tile Flooring
  • Sea Gate Elementary School Rated A
  • Concrete Block With Brick
  • 1-Story Property

About This Home

As of August 2021

Great opportunity to own this well maintained Duplex in highly sought after Twin Lakes Community . Near beaches/parks, Publix, restaurants. Each unit has its own water, electric meter and recently hooked up to city sewer. 2012 updates: irrigation system with sensors; flat roof on carports. 2013 Updates: AC units, 2019: new AC ductwork. 4707 features: 2 bed, 1 1/2 baths, carport. 2014 Updates: Lanai converted to insulated, tiled 4 season room with removable opening windows. Yard professionally landscaped, pavers at front walkway and rear patio; gutters and drainage system installed. 2016 updates: Lanai- washer and dryer, shelving, fullview rear door with privacy blinds. Bathroom- half bathroom added; full bathroom-new shower, tile, sink and toilet. All new floor tiles, many new windows, blinds and designer front door. Kitchen totally renovated with wood cabinets, granite counter, stainless appliances, lighting and refrigerator. 2018 updates: New stove and dishwasher. 4705 features: 2 bed, 1 bath, carport. 2014 updates: Gutters, garden landscaped adding coconut palm, starfruit, avocado tree, gardenias and more. 2016 Update: New front door. 2018: New blinds. No HOA fees!

Last Agent to Sell the Property

Juan Romano

Premiere Plus Realty Company License #NAPLES-278523511 Listed on: 07/15/2021

Premiere Plus Realty Company

Last Buyer's Agent

Neno Mihajlovikj

Realty One Group MVP License #NAPLES-249525138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,955

Year Built

  • Built in 1967

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 75
  • Fruit Trees

Home Design

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

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone
  • Assessor Parcel Number 63400400001
  • Tax Block 1

Community Details

Overview

  • 2 Units
  • Naples Twin Lakes Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,520
  • Net Operating Income $26,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,955

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Legal Description: NAPLES TWIN LAKES BLK 1 LOT 23
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.204067$-81.798999$309.04$13.33$1.00$MvyJ6-JsX189EBS4LdPA1w
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch, Traditional
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Fruit Trees
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • 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

  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 100
  • Lot Right: 100
  • Lot Unit: 23
  • Section: 15
  • Waterfront: No
  • Zoning Code: Residential
  • Acres: 0.1700
  • Lot Description: Regular
  • Lot Dimensions: 75 X 100
  • Parcel Number: 63400400001

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone

Tax Info

  • Tax Description: County Only
  • Taxes: 1955.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 24120.00
  • Annual Expenses: 2520.00
  • Annual Net Operating Income: 26640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 26, 2021
Sold by
Werner Kathleen J and Kathleen J Werner Revocable Li
Bought by
Repija Damjan and Martinez Maria N
Seller's Agent
Juan Romano
Premiere Plus Realty Company
Buyer's Agent
Neno Mihajlovikj
Realty One Group MVP
List Price
$454,900
Sold Price
$440,000
Premium/Discount to List
-$14,900
-3.28%
Current Estimated Value
$623,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,509
Avg. Annual Appreciation
8.34%
Original Mortgage
$432,030
Outstanding Balance
$397,375
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$207,455

Purchase Details

Closed on
Oct 7, 2019
Sold by
Werner Kathleen J
Bought by
Werner Kathleen J

Purchase Details

Closed on
Jun 21, 2010
Sold by
Keil Richard E and Keil Barbara H
Bought by
Werner Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
4.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 1999
Sold by
Keil Richard E
Bought by
Keil Barbara H and Keil Richard E
Source: Public Records

Range of Values:

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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
Repija Damjan $440,000 Cottrell Title & Escrow Llc
Werner Kathleen J -- Accommodation
Werner Kathleen $112,000 Title Connection Llc
Keil Barbara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Repija Damjan $432,030
Previous Owner Werner Kathleen $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $440,000 -3.3% --
07/16/2021 07/16/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $454,900 -- --
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
2023 $4,048 $321,792 $0 $0
2022 $3,523 $292,538 $142,500 $150,038
2021 $2,093 $131,915 $0 $0
2020 $1,955 $119,923 $0 $0
2019 $1,828 $109,021 $0 $0
2018 $1,875 $99,110 $0 $0
2017 $1,748 $90,100 $0 $0
2016 $1,543 $81,909 $0 $0
2015 $1,205 $74,463 $0 $0
2014 $1,072 $62,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221049128

Naples Area Board of REALTORS®

APN: 63400400001