NOT LISTED FOR SALE

5200 24th Ave SW Naples, FL 34116

Estimated Value: $895,000 - $988,000

8 Beds
4 Baths
-- Sq Ft
0.5 Acres

Last Sold October 16, 2018

Last sale price $460,000

Est. 101% increase in value since last sale

Current estimated payment $5,707/month

162 Days on Market

Highlights

  • 0.5 Acre Lot
  • Concrete Block With Brick
  • Central Heating and Cooling System
  • Wood Flooring

About This Home

As of October 2018

NEW CONSTRUCTION! This is the largest and nicest duplex in all of Golden Gate on one of the largest lots in Golden Gate City. Just completed March of 2018. The right side (B) is leased for $1,995 per month. The left side is vacant and ready for the new owner or a tenant to move in! Huge units with attached 2 car garages feel like two single family houses side by side.

Qualifies for FHA financing, the FHA loan limit for a duplex in Collier County is $577,100.

Last Listed By

Matthew Pikus

Pikus Realty PA License #NAPLES-249519614 Listed on: 03/15/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 2018

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions: 175

Home Design

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

Interior Spaces

  • Single Hung Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for full electric
  • Assessor Parcel Number 36308000006
  • Tax Block 191

Community Details

Overview

  • 2 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $6,000
  • Net Operating Income $41,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$981

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 6 BLK 191 LOT 12
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.18371$-81.71122000000003$136.50$13.33$1.00$hWMWeT10PgU22IkpnVLnDA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Flooring: Tile, Wood
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Septic
  • Water: Well

Association/Amenities

  • Pets: No Approval Needed
  • Development: Golden Gate City
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: GOLDEN GATE CITY

Lot Info

  • Lot Back: 175
  • Lot Frontage: 175
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 12
  • Section: 21
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.5000
  • Lot Description: Corner, Oversize
  • Lot Dimensions: 175 X 125
  • Parcel Number: 36308000006

Rental Info

  • Tenant Pays: Full Electric

Tax Info

  • Tax Description: County Only
  • Taxes: 981.19

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 47880.00
  • Annual Expenses: 6000.00
  • Annual Net Operating Income: 41880.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Lasalle Family Trust
Bought by
Lasalle Family Trust
Total Days on Market
162
Current Estimated Value
$926,484

Purchase Details

Closed on
Mar 2, 2021
Sold by
Lasalle Thomas P
Bought by
Lasalle Thomas P and Lasalle Tania M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,352
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Listed on
Mar 15, 2018
Closed on
Oct 16, 2018
Sold by
Collier Community Housing Llc
Bought by
Lasalle Thomas P
Seller's Agent
Matthew Pikus
Pikus Realty PA
Buyer's Agent
Matthew Pikus
Pikus Realty PA
List Price
$545,000
Sold Price
$460,000
Premium/Discount to List
-$85,000
-15.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%
Original Mortgage
$468,229
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Sep 19, 2014
Sold by
Pfpi Llc
Bought by
Collier Community Housing Llc

Purchase Details

Closed on
Sep 23, 2013
Sold by
Pikus Matthew
Bought by
Pfpi Llc

Purchase Details

Closed on
Aug 21, 2012
Sold by
County Of Collier
Bought by
Pikus Matthew

Purchase Details

Closed on
Nov 30, 2009
Sold by
County Of Collier
Bought by
Tarpon Iv Llc

Purchase Details

Closed on
Jul 13, 2001
Sold by
Griffis James M
Bought by
1St Choice Homes Fl Inc

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
Lasalle Family Trust -- None Listed On Document
Lasalle Thomas P -- Action Title Services Llc
Lasalle Thomas P $460,000 Action Title Services
Collier Community Housing Llc -- None Available
Pfpi Llc -- Attorney
Pikus Matthew $18,000 None Available
Tarpon Iv Llc $14,561 None Available
1St Choice Homes Fl Inc $35,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasalle Thomas P $459,352
Previous Owner Lasalle Thomas P $468,229
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $460,000 -5.2% --
08/24/2018 08/24/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $485,000 -2.9% --
04/23/2018 04/23/18 Price Changed $499,500 -4.9% --
04/12/2018 04/12/18 Price Changed $525,000 -3.7% --
03/15/2018 03/15/18 For Sale $545,000 -- --
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
2023 $6,255 $523,496 $0 $0
2022 $6,070 $489,800 $0 $0
2021 $5,806 $458,762 $0 $0
2020 $5,239 $433,401 $0 $0
2019 $4,942 $408,306 $161,787 $246,519
2018 $1,486 $72,199 $0 $0
2017 $981 $65,635 $0 $0
2016 $730 $59,668 $0 $0
2015 $991 $79,557 $0 $0
2014 $1,004 $79,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218021043

Naples Area Board of REALTORS®

APN: 36308000006