NOT LISTED FOR SALE

5447 29th Place SW Naples, FL 34116

Estimated Value: $438,989 - $569,000

5 Beds
-- Bath
-- Sq Ft
0.26 Acres

Last Sold June 30, 2021

Last sale price $369,000

Est. 39% increase in value since last sale

Current estimated payment $3,181/month

48 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of June 2021

Looking for a great investment property in the heart of Naples? Then dont look any further!!! This duplex has a NEWER ROOF 2018, both sides has newer AC and it has title throughout both units.
Both sides are tenant occupied with long term tenants that would love to stay, but currently on a month to month basis. Each tenants pays $1,000 monthly and always on time. Duplex is getting the exterior fresh painted to have it ready for the next Owner.

Last Agent to Sell the Property

Rebecca Oros

Realty One Group MVP License #NAPLES-249524274 Listed on: 04/01/2021

Last Buyer's Agent

Kayinah Destine

TM Listings, LLC License #FORT-251560499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1982

Lot Details

  • 0.26

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 5 Bedrooms
  • Double Hung Windows
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Well

Listing and Financial Details

  • Tenant pays for cable, internet access
  • Assessor Parcel Number 36430720005
  • Tax Block 230

Community Details

Overview

  • 2 Units
  • Golden Gate City Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,048

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Legal Description: GOLDEN GATE UNIT 7 BLK 230 LOT 18 & S 10FT OF ALLEY ADJ TO N LI OF LOT 18 VACATED BY OR 2035 PG 1367
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.173788$-81.715981$8.95$13.33$1.00$dEGn1rOfaMipCgtIcWk8_g
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 5
  • Flooring: Tile
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: See Remarks
  • Irrigation: Well
  • Exterior Finish: Wood Siding

Utilities

  • Cable Available: No
  • Cooling: Central Electric
  • Heat: Central Electric
  • 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 Unit: 18
  • Section: 28
  • Waterfront: No
  • Zoning Code: residential
  • Lot Description: Regular
  • Parcel Number: 36430720005

Rental Info

  • Tenant Pays: Cable, Internet Access

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 3048.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 24000.00
  • Annual Expenses: 4787.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 30, 2021
Sold by
Munoz Ramon Humberto and Delcisternas Flora Del
Bought by
Isme David Jacob
Seller's Agent
Rebecca Oros
Realty One Group MVP
Buyer's Agent
Kayinah Destine
TM Listings, LLC
List Price
$369,000
Sold Price
$369,000
Total Days on Market
48
Current Estimated Value
$514,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,247
Avg. Annual Appreciation
9.72%
Original Mortgage
$362,316
Outstanding Balance
$332,288
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$199,016

Purchase Details

Closed on
Apr 10, 2019
Sold by
Munoz Ramon H
Bought by
Munoz Ramon Humberto and Cisternas Flora Del Carmen

Purchase Details

Closed on
Jun 5, 2009
Sold by
Citibank Na
Bought by
Munoz Ramon H and Munoz Nilda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,375
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 12, 2009
Sold by
Molina Marco and Arango Eddy
Bought by
Citibank Na

Purchase Details

Closed on
Dec 10, 2001
Sold by
Acevedo Juan C and Acevedo Maria E Cruz
Bought by
Molina Marco and Arango Eddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,650
Interest Rate
6.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2000
Sold by
Brown Dennis C and Brown Brenda
Bought by
Acevedo Juan C and Acevedo Maria E Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,300
Interest Rate
8.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1996
Sold by
Vandyke Thomas W
Bought by
Brown Dennis C and Brown Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,247
Interest Rate
7.8%
Mortgage Type
FHA
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
Isme David Jacob $369,000 Omega National Title Agency
Munoz Ramon Humberto $15,000 Attorney
Munoz Ramon H $56,500 Sunbelt Title Agency
Citibank Na -- None Available
Molina Marco $147,000 --
Acevedo Juan C $116,900 --
Brown Dennis C $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Isme David Jacob $362,316
Previous Owner Munoz Ramon H $42,375
Previous Owner Molina Marcos A $100,000
Previous Owner Molina Marco A $148,727
Previous Owner Brown Dennis C $144,650
Previous Owner Molina Marco $144,650
Previous Owner Acevedo Juan C $113,300
Previous Owner Brown Dennis C $103,950
Previous Owner Brown Dennis C $86,247
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $369,000 0.0% --
05/19/2021 05/19/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $369,000 -- --
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 $3,529 $298,405 $0 $0
2022 $3,282 $280,238 $121,858 $158,380
2021 $3,287 $197,239 $0 $0
2020 $3,048 $179,308 $0 $0
2019 $2,713 $163,007 $0 $0
2018 $2,561 $148,188 $0 $0
2017 $2,360 $134,716 $0 $0
2016 $2,191 $122,469 $0 $0
2015 $2,044 $111,335 $0 $0
2014 $1,728 $101,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221021189

Naples Area Board of REALTORS®

APN: 36430720005