NOT LISTED FOR SALE

5406 Sholtz St Naples, FL 34113

Estimated Value: $384,185 - $465,000

4 Beds
2 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold May 31, 2019

Last sale price $275,000

Est. 52% increase in value since last sale

Current estimated payment $2,554/month

74 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • High Speed Internet
  • Storage
  • Central Heating and Cooling System
  • Picture Window

About This Home

As of May 2019

INVESTMENT ALERT!!! HUGE CASH COW! This duplex in the Naples manor is newly renovated and a must see! This Duplex rec' $1k on each side. Exterior was painted last year also has separate Water and Electric Meters. This Duplex will make you money the 1st day! Fantastic location, close to dining shopping and plenty of schools. LOWEST PRICE INVESTMENT IN NAPLES MANOR!!! ALWAYS RENTED, Both units rented at 1k each. Monthly leases and ready for new owners.

Last Agent to Sell the Property

Jessie Morris

Marzucco Real Estate License #NAPLES-249525215 Listed on: 02/21/2019

Marzucco Real Estate

Last Buyer's Agent

Marlene Rodriguez

Alpizar & Company, LLC License #NAPLES-249525753

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1972

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions: 56

Home Design

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

Interior Spaces

  • Double Hung Windows
  • Picture Window
  • Storage
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, security, water
  • Assessor Parcel Number 62206240000
  • Tax Block 11

Community Details

Overview

  • 2 Units
  • Naples Manor Condos

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $22,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,196

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Legal Description: NAPLES MANOR EXT BLK 11 LOT 22 OR 1366 PG 1795
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.092007$-81.72394600000001$159.34$13.33$1.00$GSpFJ3IUNq7j08T_B0b-dA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Double Hung, Picture

Exterior Features

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

Utilities

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

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Manor
  • Amenities: Internet Access
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES MANOR

Lot Info

  • Lot Back: 56
  • Lot Frontage: 56
  • Lot Left: 129
  • Lot Right: 129
  • Lot Unit: 22
  • Section: 29
  • Waterfront: No
  • Zoning Code: RS
  • Acres: 0.1900
  • Lot Description: Regular
  • Lot Dimensions: 56 X 129
  • Parcel Number: 62206240000

Rental Info

  • Tenant Pays: Cable, Full Electric, Security, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 1196.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 24000.00
  • Annual Net Operating Income: 22804.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
May 24, 2019
Sold by
Lowe Jarret J
Bought by
5406 Vakhatmata Llc
Seller's Agent
Jessie Morris
Marzucco Real Estate
Buyer's Agent
Marlene Rodriguez
Alpizar & Company, LLC
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Current Estimated Value
$419,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,046
Avg. Annual Appreciation
7.84%

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 30, 2017
Sold by
Pharisien Johnson and Feast Julia Frances
Bought by
Lowe Jarret L
Seller's Agent
Matthew Steves
Serhant-Naples
Buyer's Agent
Jessie Morris
Marzucco Real Estate
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.96%
Original Mortgage
$193,325
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 27, 2015
Closed on
Sep 30, 2016
Sold by
Maroney Paul J
Bought by
Pharisien Johnson
Seller's Agent
Woody Woodruff
Premiere Plus Realty Company
Buyer's Agent
Matthew Steves
Serhant-Naples
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.47%
Original Mortgage
$110,400
Interest Rate
3.43%
Mortgage Type
Commercial
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
5406 Vakhatmata Llc $275,000 Attorney
Lowe Jarret L $200,000 Gulfshore Title Co Llc
Pharisien Johnson $138,000 Naples Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowe Jarret L $193,325
Previous Owner Pharisien Johnson $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $275,000 -3.8% --
05/06/2019 05/06/19 Pending -- -- --
03/19/2019 03/19/19 Price Changed $285,900 -4.7% --
02/21/2019 02/21/19 For Sale $300,000 +50.0% --
08/30/2017 08/30/17 Sold $200,000 0.0% --
08/14/2017 08/14/17 Pending -- -- --
08/14/2017 08/14/17 Price Changed $200,000 -16.3% --
07/19/2017 07/19/17 For Sale $239,000 +73.2% --
09/03/2016 09/03/16 Sold $138,000 -4.8% --
08/20/2016 08/20/16 Pending -- -- --
07/10/2016 07/10/16 For Sale $144,900 0.0% --
07/03/2016 07/03/16 Pending -- -- --
07/02/2016 07/02/16 Price Changed $144,900 +4.2% --
04/12/2016 04/12/16 For Sale $139,000 0.0% --
02/19/2016 02/19/16 Pending -- -- --
11/27/2015 11/27/15 For Sale $139,000 -- --
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 $3,453 $318,166 -- --
2024 $3,439 $289,242 $196,787 $92,455
2023 $3,439 $276,206 $0 $0
2022 $3,522 $251,096 $0 $0
2021 $3,165 $228,269 $0 $0
2020 $2,819 $207,517 $108,000 $99,517
2019 $2,456 $175,187 $92,160 $83,027
2018 $2,325 $164,739 $79,200 $85,539
2017 $1,196 $92,220 $0 $0
2016 $1,405 $60,891 $0 $0
2015 $1,111 $55,355 $0 $0
2014 $1,008 $50,323 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219015709

Naples Area Board of REALTORS®

APN: 62206240000