NOT LISTED FOR SALE

Estimated Value: $388,000 - $469,000

4 Beds
2 Baths
1,696 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $206,000 $121 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,480/month

19 Days on Market

About This Home

As of May 2017

Rented. Tenants pay all utilities, separate electric meters, and one water meter that tenants share the water bill. Total sq. footage is 1696 per assessors office. Convenient location in Avalon Estates in South Naples near Sugden Park. Two bedrooms and one bathroom each, plus a small den and living room. Plenty of parking.
AGENTS see agent remarks.

Last Agent to Sell the Property

Angela Kniep

Gulf Region Realty Listed on: 03/18/2017

Last Buyer's Agent

Lisa Cachon

Cachon Realty Group. LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,032

Year Built

  • 1974

Lot Details

  • 7,841

Home Design

  • Duplex

Listing and Financial Details

  • Tenant pays for cable, credit application, departure cleaning, full electric, internet access, lawn care, long distance telephone, sewer, water

Community Details

Overview

  • Avalon Estates Condos

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $2,883
  • Net Operating Income $18,717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,032

Year Built

1974

Lot Details

0

Listing Details

  • Legal Description: AVALON EST UNIT 1 BLK 1 LOT 41
  • Street View Param: 1$26.109837$-81.75881200000003$100.28$13.33$1.00$ElvlYq504z8S2Ruv4ebZng
  • Building Design: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Flooring: Tile

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block, Wood Frame
  • Exterior Finish: Brick, Stucco
  • Windows: Single Hung

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: AVALON ESTATES

Association/Amenities

  • Units in Building: 2
  • Pets: With Approval
  • Development: Avalon Estates

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 60 X 130
  • Lot Back: 60
  • Lot Frontage: 60
  • Lot Left: 130
  • Lot Right: 130
  • Lot Unit: 41
  • Section: 13
  • Zoning Code: R1

Rental Info

  • Tenant Pays: Cable, Credit Application, Departure Cleaning, Full Electric, Internet Access, Lawn Care, Long Distance Telephone, Sewer, Water

Tax Info

  • Tax Description: County Only

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 21600.00
  • Annual Expenses: 2883.00
  • Annual Net Operating Income: 18717.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2017
Sold by
Sareh Houta N
Bought by
Myers Endo Asset Management Lc
Current Estimated Value
$420,033

Purchase Details

Listed on
Mar 18, 2017
Closed on
May 17, 2017
Sold by
Lodgins In Florida Corp
Bought by
Sareh Houtan
Seller's Agent
Angela Kniep
Gulf Region Realty
Buyer's Agent
Lisa Cachon
Cachon Realty Group. LLC
List Price
$225,000
Sold Price
$206,000
Premium/Discount to List
-$19,000
-8.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$154,500
Interest Rate
3.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2013
Sold by
Apax America 01 Llc
Bought by
Lodgings In Florida Corp

Purchase Details

Closed on
Feb 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Apax America 01 Llc

Purchase Details

Closed on
Nov 16, 2012
Sold by
Lozano Maria E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2005
Sold by
Rodriguez Oscar and Rodriguez Janett M
Bought by
Lozano Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 5, 2004
Sold by
Munoz Juan and Romero Rosa M
Bought by
Sio Janett M and Rodriguez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,739
Interest Rate
5.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 19, 2002
Sold by
Rahman Mahabubur
Bought by
Munoz Juan and Romero Rosa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1998
Sold by
Rahman Mahabubur and Rahman Satara
Bought by
Rahman Mahabubur

Purchase Details

Closed on
Dec 22, 1997
Sold by
Rahman Mahabubur and Rahman Satara
Bought by
Rahman Mahububur and Rahman Satara

Purchase Details

Closed on
Jun 20, 1995
Sold by
Walters Vicki Marie and Teft Gail Ann Walters
Bought by
Rahman Mahabubur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Myers Endo Asset Management Lc $153,000 None Available
Sareh Houtan $206,000 Concorde Land Title Svcs Inc
Lodgings In Florida Corp $180,000 Concorde Land Title Svcs Inc
Apax America 01 Llc $102,500 Attorney
Federal National Mortgage Association $96,000 None Available
Lozano Maria E $220,000 Town & Country Title Inc
Sio Janett M $188,700 --
Munoz Juan -- --
Rahman Mahabubur -- --
Rahman Mahububur -- --
Rahman Mahabubur $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sareh Houtan $154,500
Previous Owner Lozano Maria E $198,000
Previous Owner Sio Janett M $185,739
Previous Owner Munoz Juan $119,000
Previous Owner Rahman Mahabubur $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2017 05/24/17 Sold $206,000 0.0% $121 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/19/2017 03/19/17 Off Market $206,000 -- --
03/18/2017 03/18/17 For Sale $225,000 -- $133 / Sq Ft
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 $3,032 $239,978 -- --
2024 $2,880 $218,162 -- --
2023 $2,880 $198,329 $0 $0
2022 $2,585 $180,299 $0 $0
2021 $2,324 $163,908 $69,825 $94,083
2020 $2,590 $173,578 $0 $0
2019 $2,232 $157,798 $84,075 $73,723
2018 $2,371 $170,960 $84,075 $86,885
2017 $1,985 $121,515 $0 $0
2016 $1,883 $110,468 $0 $0
2015 $1,549 $100,425 $0 $0
2014 -- $96,716 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217020831

Naples Area Board of REALTORS®

APN: 22621360000