NOT LISTED FOR SALE

4972 24th Ave SW Naples, FL 34116

Estimated Value: $631,391 - $753,000

7 Beds
4 Baths
-- Sq Ft
5,227 Sq Ft Lot

Last Sold November 30, 2017

Last sale price $355,000

Est. 101% increase in value since last sale

Current estimated payment $4,306/month

59 Days on Market

About This Home

As of November 2017

IT HAS NEVER BEEN VACANT. WAITING LIST FOR THE UNITS. Well kept triplex in one of the best areas of Golden Gate City - tenants love it. Tenants have been there for over 5 years - same tenants. Rents are paid on time every month. Owner just replaced water system 2 weeks ago ( new water softener and new water pump - warranty transferable). Triplex did not suffer damages due to IRMA.
Great cash producing passive income property.

Last Agent to Sell the Property

Camille Cabada

Royal Properties of Naples LLC Listed on: 09/19/2017

Last Buyer's Agent

Paula King

Realty One Group MVP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,732

Year Built

  • 1980

Lot Details

  • 5,227

Home Design

  • Triplex

Listing and Financial Details

  • Tenant pays for lawn care

Community Details

Overview

  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,000
  • Net Operating Income $29,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,732

Year Built

1980

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 4 BLK 116 LOT 4
  • Street View Param: 1$26.183769$-81.706346$239.18$13.33$1.00$b7PvxIpFjZhJtQu5M4XunQ
  • Building Design: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Flooring: Tile

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Brick

Utilities

  • Sewer: Septic
  • Water: Softener, Well

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: GOLDEN GATE CITY

Association/Amenities

  • Units in Building: 3
  • Pets: No Approval Needed
  • Development: Golden Gate City

Lot Info

  • Lot Description: Regular
  • Lot Dimensions: 43 X 125 X 125 X 43
  • Section: 21

Rental Info

  • Tenant Pays: Lawn Care

Tax Info

  • Tax Description: County Only

Multi Family

  • Gross Rental Income: 33600.00
  • Annual Expenses: 4000.00
  • Annual Net Operating Income: 29600.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2017
Closed on
Nov 29, 2017
Sold by
Triplex Rental Llc
Bought by
Lopez Albino and Velasquez Perez Estela Elizabeth
Seller's Agent
Camille Cabada
Royal Properties of Naples LLC
Buyer's Agent
Paula King
Realty One Group MVP
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%
Current Estimated Value
$714,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,098
Avg. Annual Appreciation
9.14%
Original Mortgage
$347,857
Outstanding Balance
$292,410
Interest Rate
3.88%
Mortgage Type
FHA
Estimated Equity
$421,688

Purchase Details

Closed on
Apr 15, 2013
Sold by
Kowalski Jaroslaw and Kowalska Urszula K
Bought by
Triplex Rental Llc

Purchase Details

Closed on
May 14, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Kowalski Jaroslaw

Purchase Details

Closed on
Dec 9, 2009
Sold by
Citimortgage Inc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Sep 25, 2009
Sold by
Beltran Josefina
Bought by
Citimortgage Inc

Purchase Details

Closed on
Apr 5, 2001
Sold by
Guerrero Jose A
Bought by
Beltran Josefina

Purchase Details

Closed on
Nov 30, 1999
Sold by
Mclees Michael R
Bought by
Beltran Josepfina

Purchase Details

Closed on
Jul 21, 1997
Sold by
Steiginga Mary F
Bought by
Mclees Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,890
Interest Rate
7.61%
Mortgage Type
FHA
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
Lopez Albino $355,000 Attorney
Triplex Rental Llc -- Attorney
Kowalski Jaroslaw -- Attorney
Kowalski Jaroslaw $80,000 Lawyers Advantage Title Grou
Secretary Of Housing & Urban Development -- Attorney
Citimortgage Inc -- Attorney
Beltran Josefina -- --
Beltran Josepfina $165,000 --
Mclees Michael R $142,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Albino $347,857
Previous Owner Mclees Michael R $135,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2017 11/30/17 Sold $355,000 -11.0% --
09/19/2017 09/19/17 For Sale $399,000 -- --
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 $6,732 $447,941 $207,376 $240,565
2024 $6,652 $535,219 -- --
2023 $6,652 $486,563 $0 $0
2022 $6,318 $442,330 $0 $0
2021 $5,774 $402,118 $0 $0
2020 $5,226 $365,562 $0 $0
2019 $4,715 $332,329 $148,855 $183,474
2018 $4,375 $305,878 $81,030 $224,848
2017 $2,973 $160,949 $0 $0
2016 $2,764 $146,317 $0 $0
2015 $2,624 $133,015 $0 $0
2014 $2,345 $120,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217057592

Naples Area Board of REALTORS®

APN: 36110240009