$490,000
SOLD SEP 6, 2024

5214 Sholtz St Naples, FL 34113

4 Beds
4 Baths
-- Sq Ft
0.33 Acres

Recently Sold

2% Below List Price

13 Days on Market

Highlights

  • Room in yard for a pool
  • Tile Flooring
  • Central Heating and Cooling System
  • Concrete Block With Brick

About This Home

As of September 2024

INVESTMENT OPPORTUNITY!! This 2/2 duplex is a great income producer. Currently rented as a quadruplex. It is fully rented on a month to month basis generating over $6,500/ month. Tenants willing to stay. It has a lot of potential to generate even more profit than the current one. Come check by yourself. Call listing agent for details and showings

Last Agent to Sell the Property

Arianna Jorrin

Realty One Group MVP License #BEAR-3385289 Listed on: 07/03/2024

Realty One Group MVP

Last Buyer's Agent

Bob Douyon

Xclusive Homes LLC License #NAPLES-249525129

Xclusive Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1979

Home Design

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • Cable TV Available

Additional Features

  • Single Hung Windows
  • Room in yard for a pool
  • 0.33 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 62156440002
  • Tax Block 10
  • $10,000 Seller Concession

Community Details

Overview

  • 2 Units
  • Naples Manor Condos
  • Naples Manor Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $12,360
  • Net Operating Income $68,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,708

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Legal Description: NAPLES MANOR ANNEX BLK 10 LOT 3 + 4, LESS SWLY 15FT OF LT 3 OR 1961 PG 2220
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.088427$-81.728619$61.04$13.33$1.00$tMlm6jOMpPhHA56yZPUwfw
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1979
  • Property Information: INVESTMENT OPPORTUNITY!! This 2/2 duplex is a great income producer. Currently rented as a quadruplex. It is fully rented on a month to month basis generating over $6,500/ month. Tenants willing to stay. It has a lot of potential to generate even more profit than the current one. Come check by yourself. Call listing agent for details and showings
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Assessment Paid, Central
  • Exterior Features: Room for Pool
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Assessment Paid, Central
  • Water: Assessment Paid, Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Manor
  • Golf Type: No Golf Available
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES MANOR
  • Development Name: NAPLES MANOR

Lot Info

  • Lot Unit: 3
  • Section: 29
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.3300
  • Lot Description: Regular
  • Parcel Number: 62156440002

Tax Info

  • Tax Description: City And County
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 4708.34
  • Tax Year: 2023

Multi Family

  • Unit Count: 1
  • Gross Rental Income: 79800.00
  • Annual Expenses: 12360.00
  • Annual Net Operating Income: 68440.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Aug 15, 2024
Sold by
Pinero Osvaldo Armando Lopez
Bought by
Douyon Guerda Andre
Seller's Agent
Arianna Jorrin
Realty One Group MVP
Buyer's Agent
Bob Douyon
Xclusive Homes LLC
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Views
7
Current Estimated Value
$470,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,448
Avg. Annual Appreciation
-1.50%
Original Mortgage
$392,000
Outstanding Balance
$388,167
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$94,697

Purchase Details

Listed on
Jul 2, 2021
Closed on
Feb 14, 2022
Sold by
Padin and Mercedes
Bought by
Pinero Osvaldo Armando Lope
Seller's Agent
Jude Paul Pa
Suncoast Realty Solutions,LLC
Buyer's Agent
Arianna Jorrin
Realty One Group MVP
List Price
$380,000
Sold Price
$340,000
Premium/Discount to List
-$40,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$333,841
Interest Rate
3.69%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 1994
Sold by
Bain Karen J
Bought by
Padin Eslandi and Padin Merceds

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
8.73%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $490,000 Tropical Title
Warranty Deed $340,000 Members Title
Deed $52,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Previous Owner $333,841 FHA
Previous Owner $37,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $490,000 -2.0% --
07/16/2024 07/16/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $499,999 +47.1% --
03/08/2022 03/08/22 Sold $340,000 -10.5% --
02/24/2022 02/24/22 Pending -- -- --
07/02/2021 07/02/21 For Sale $380,000 -- --
Source: Multiple Listing Service of Bonita Springs-Estero

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
2024 $4,708 $420,391 $336,440 $83,951
2023 $4,708 $404,234 $296,696 $107,538
2022 $3,385 $160,687 $0 $0
2021 $2,709 $146,079 $0 $0
2020 $2,301 $132,799 $0 $0
2019 $2,398 $120,726 $0 $0
2018 $2,358 $109,751 $0 $0
2017 $1,962 $99,774 $0 $0
2016 $1,956 $90,704 $0 $0
2015 $1,475 $82,458 $0 $0
2014 $1,317 $74,962 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 224056437

Multiple Listing Service of Bonita Springs-Estero

APN: 62156440002