NOT LISTED FOR SALE

Estimated Value: $250,000 - $307,000

4 Beds
2 Baths
1,500 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $120,000 $80 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $1,704/month

120 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • Heat Pump System
  • Fort Myers High School Rated A

About This Home

As of March 2018

Property is totally leased and tenants wish to remain at property. Lease information available for review. 2 bedroom 1 bathroom on each side with laundry hook ups in each unit.

Last Agent to Sell the Property

Tom Seele

Coldwell Banker Realty License #258011949 Listed on: 10/20/2017

Coldwell Banker Realty

Last Buyer's Agent

Tom Seele

Coldwell Banker Realty License #258011949 Listed on: 10/20/2017

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,172

Year Built

  • Built in 1976

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 49 x 120 x 49 x 120
  • Corner Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,500 Sq Ft Home
  • Single Hung Windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, departure cleaning, electricity, sewer, telephone, water
  • Legal Lot and Block 15 / 13
  • Assessor Parcel Number 11-45-24-03-00013.0150

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $4,016
  • Gross Income $16,440
  • Net Operating Income $12,424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,172

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Lot Size: 49 x 120 x 49 x 120
  • Road Surface Type: Paved
  • Subdivision Name: PINE MANOR
  • Directions: North on McGregor Blvd to College Pkwy East to Maple Dr North to Fifth Ave in Pine Manor to 5465/5467 Fifthe Ave. Property will be on the corner.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1976
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Corner Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Call, Conditional

Lot Info

  • Parcel #: 11-45-24-03-00013.0150
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Departure Cleaning, Electricity, See Remarks, Sewer, Telephone, Water

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 16440.0
  • Property Net Operating Income: 12424.0
  • Annual Operating Expense: 4016.0

Tax Info

  • Tax Annual Amount: 1172.0
  • Tax Block: 13
  • Tax Lot: 15
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2017
Closed on
Mar 2, 2018
Sold by
Stack Steven L and Endrei Paul
Bought by
A & J Beepat Llc
Seller's Agent
Tom Seele
Coldwell Banker Realty
Buyer's Agent
Tom Seele
Coldwell Banker Realty
List Price
$131,900
Sold Price
$120,000
Premium/Discount to List
-$11,900
-9.02%
Current Estimated Value
$277,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,667
Avg. Annual Appreciation
11.92%
Original Mortgage
$84,000
Interest Rate
4.32%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 30, 2013
Sold by
Braz Richard and Braz Laura
Bought by
Stack Steven L and Endrei Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2010
Sold by
Wachovia Mortgage Corporation
Bought by
Braz Richard and Braz Laura

Purchase Details

Closed on
Dec 1, 2009
Sold by
Yves Jorel and Yves Venucia
Bought by
Wachovia Mortgage Corporation

Purchase Details

Closed on
Feb 28, 2006
Sold by
King John C and King Judith E
Bought by
Yves Jorel and Yves Venucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.04%
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
A & J Beepat Llc $120,000 Sunbelt Title Agency
Stack Steven L $50,000 Florida Title & Guarantee
Braz Richard $23,000 Servicelink
Wachovia Mortgage Corporation -- Attorney
Yves Jorel $160,000 Bay Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A & J Beepat Llc $92,000
Closed A & J Beepat Llc $84,000
Previous Owner Stack Steven L $37,500
Previous Owner Yves Jorel $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2018 03/20/18 Sold $120,000 -9.0% $80 / Sq Ft
02/18/2018 02/18/18 Pending -- -- --
10/20/2017 10/20/17 For Sale $131,900 -- $88 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $2,297 $123,555 -- --
2023 $2,297 $112,323 $0 $0
2022 $2,245 $102,112 $0 $0
2021 $1,938 $106,378 $8,400 $97,978
2020 $1,784 $88,017 $8,400 $79,617
2019 $1,640 $76,718 $5,200 $71,518
2018 $1,423 $77,517 $5,200 $72,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217063954

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-03-00013.0150