NOT LISTED FOR SALE

Estimated Value: $1,672,000 - $1,812,000

5 Beds
2 Baths
2,183 Sq Ft
$792/Sq Ft Est. Value

Last Sold July 18, 2017

Last sale price $1,120,000 $513 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,035/month

16 Days on Market

Highlights

  • Main Floor Bedroom
  • Corner Lot
  • Cottage
  • Naples Bayside Academy Rated A
  • No HOA
  • Wood Frame Window

About This Home

As of July 2017

A duplex on Naples Island......... not many become available. Front unit is 2 BR, 1 bath - approx 800 s/f. Rear unit is two levels with 3 BR, 1 and 3/4 bath, approx 1345 s/f, with direct entry from garage and owner occupied. Some hardwood floors under carpets. Washer/Dryer connections in garage. Rear yard contains fenced parking area large enough for an RV, or perhaps 3 or 4 cars. Great location near all the shops and restaurants that Belmont Shore has to offer ....... just a short walk over the bridge on 2nd Street. Highly desirable rental area.

Last Agent to Sell the Property

Larry Hauser

SBC Executive Realty License #00768033 Listed on: 05/22/2017

Last Buyer's Agent

Demetrius Brown

CLRE Corporation License #01799515

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,991

Year Built

  • Built in 1946

Lot Details

  • 4,173 Sq Ft Lot
  • Lot Dimensions are 40 x 80
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Corner Lot

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • No Driveway
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Cottage
  • Property Attached
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,183 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Panel Doors
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • All Upper Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors swing in
  • More Than Two Accessible Exits

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • 220 Volts in Garage
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 1
  • Tax Tract Number 7753
  • Assessor Parcel Number 7244015003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,148
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $14,238
  • Operating Expense $16,586
  • Gross Income $51,600
  • Net Operating Income $35,014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,991

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Naples (NA)
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 7244015003
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Tile Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: 2+ Access Exits, Doors - Swing In
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 513.06
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, No Driveway, Garage, Parking Space, Off Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Disposal, Refrigerator
  • Electric: 220 Volts in Garage
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size: 40 x 80
  • Lot Size Sq Ft: 4173.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Average3 Bed Area: 1343 Square Feet
  • Gross Income: 51600.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1148.00
  • Net Operating Income: 35014.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 16586.00
  • Rent Control: No
  • Total Expenses: 16586.00

Tax Info

  • New Taxes Expense: 14238.00
  • Tax Area: 5500
  • Tax Block: 1
  • Tax Lot: 5
  • Tax Tract Number: 7753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2017
Sold by
Kellogg William G
Bought by
Kellogg William G and Kellogg Kaitlin P
Total Days on Market
16
Current Estimated Value
$1,728,375

Purchase Details

Listed on
May 22, 2017
Closed on
Jun 22, 2017
Sold by
Bommarito Joseph Christino
Bought by
Kellogg William G and Kellogg Kaitlin P
Seller's Agent
Larry Hauser
SBC Executive Realty
Buyer's Agent
Demetrius Brown
CLRE Corporation
List Price
$1,139,000
Sold Price
$1,120,000
Premium/Discount to List
-$19,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$720,000
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
May 11, 2016
Sold by
Bommarito Joe
Bought by
Bommarito Joseph Christino and Joseph Christino Bommarito Revocable Tru

Purchase Details

Closed on
Jan 3, 1996
Sold by
Bankers Trust Company Of California Na
Bought by
Bommarito Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7%

Purchase Details

Closed on
Oct 2, 1995
Sold by
Moyer Lynn Ellen and Moyer Dirk
Bought by
Bankers Trust Company Of California Na and Rtc Mtg Pass Through Certificates Series
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 Buyer Sale Price Title Company
Kellogg William G -- None Available
Kellogg William G $1,120,000 First American Title Company
Bommarito Joseph Christino -- None Available
Bommarito Joe $250,000 First Southwestern Title Co
Bankers Trust Company Of California Na $348,574 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kellogg William G $671,500
Closed Kellogg William G $720,000
Previous Owner Bommarito Joe $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2017 07/18/17 Sold $1,120,000 -1.7% $513 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $1,139,000 -- $522 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,991 $1,254,285 $1,003,965 $250,320
2023 $15,725 $1,229,692 $984,280 $245,412
2022 $14,733 $1,205,581 $964,981 $240,600
2021 $14,465 $1,181,943 $946,060 $235,883
2019 $14,256 $1,146,888 $918,000 $228,888
2018 $13,887 $1,120,000 $900,000 $220,000
2016 $4,302 $350,819 $150,149 $200,670
2015 $4,131 $345,550 $147,894 $197,656
2014 $4,108 $338,782 $144,997 $193,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17114037

California Regional Multiple Listing Service (CRMLS)

APN: 7244-015-003