NOT LISTED FOR SALE

5616 9th Ave Fort Myers, FL 33907

Pine Manor Neighborhood

Estimated Value: $241,000 - $329,000

4 Beds
2 Baths
1,520 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $127,000 $84 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,690/month

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced
  • Fort Myers High School Rated A
  • Rectangular Lot

About This Home

As of April 2018

Well Maintained duplex in a great rental area. Long term tenants in place. Each unit has laundry room in back of unit.

Last Agent to Sell the Property

Steve Wood

Venture Realty & Investments License #258004155 Listed on: 03/16/2018

Last Buyer's Agent

Chris Chatelier

Emmanuel Realty Corner License #258019994

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120 x 50 x 120
  • Fenced
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,520 Sq Ft Home
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 13 / 28
  • Assessor Parcel Number 11-45-24-05-00028.0130

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,000
  • Net Operating Income $14,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,435

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Lot Size: 50 x 120 x 50 x 120
  • Subdivision Name: PINE MANOR
  • Directions: From US 41 take Palm Drive to Eighth Avenue. Turn left follow to Cypress Drive. Turn right and follow to Ninth Avenue. Turn right. Duplex on left.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1973
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Fence
  • Property Condition: Resale
  • Roof: Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 11-45-24-05-00028.0130
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 14200.0
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 1435.0
  • Tax Block: 28
  • Tax Lot: 13
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 30, 2018
Sold by
Dlmp Llc
Bought by
Montas Flore Nadraka
Seller's Agent
Steve Wood
Venture Realty & Investments
Buyer's Agent
Chris Chatelier
Emmanuel Realty Corner
List Price
$139,000
Sold Price
$127,000
Premium/Discount to List
-$12,000
-8.63%
Current Estimated Value
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,000
Avg. Annual Appreciation
11.18%
Original Mortgage
$124,699
Outstanding Balance
$108,725
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$168,608

Purchase Details

Closed on
May 4, 2015
Sold by
Dunvegan Investments Llc
Bought by
Dlmp Llc

Purchase Details

Closed on
Apr 6, 2012
Sold by
Martin Meyer Llc
Bought by
Dunvegan Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2009
Sold by
The Bank Of New York Mellon
Bought by
Martin Meyer Llc

Purchase Details

Closed on
Jan 16, 2009
Sold by
Washington Lorna Y
Bought by
The Bank Of New York Mellon and Novastar Mortgage Funding Trust 2005-3

Purchase Details

Closed on
Sep 30, 2005
Sold by
Berggren Teresa
Bought by
Washington Lorna Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
9.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 2004
Sold by
Owens Brian A
Bought by
Berggren Teressa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
7.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2004
Sold by
Owens Brian A
Bought by
Owens Brian A and The Brian A Owens Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Montas Flore Nadraka $127,000 Attorney
Dlmp Llc $685,750 First Priority Title Llc
Dunvegan Investments Llc $408,000 Attorney
Martin Meyer Llc $19,000 Attorney
The Bank Of New York Mellon -- None Available
Washington Lorna Y $136,000 Platinum Land Title Agency I
Berggren Teressa $94,000 --
Owens Brian A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montas Flore Nadraka $124,699
Previous Owner Dunvegan Investments Llc $460,000
Previous Owner Washington Lorna Y $128,250
Previous Owner Berggren Teressa $84,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2018 04/30/18 Sold $127,000 -8.6% $84 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $139,000 -- $91 / 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 $1,782 $112,864 -- --
2023 $1,782 $105,508 $0 $0
2022 $1,816 $98,736 $0 $0
2021 $1,590 $111,536 $8,916 $102,620
2020 $1,498 $87,795 $0 $0
2019 $1,411 $82,362 $5,200 $77,162
2018 $1,556 $80,744 $5,200 $75,544
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Steve Wood

    Venture Realty & Investments

    Section Image

  • C

    Buyer's Agent in 2018

    Chris Chatelier

    Emmanuel Realty Corner

    (239) 878-8593

    52 Total Sales

    Chris Chatelier
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218018969

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-05-00028.0130

Florida Lee County Fort Myers 33907 Pine Manor

5616 9th Ave, Fort Myers, FL

This home is located at 5616 9th Ave, Fort Myers, FL 33907 since 16 March 2018 and is currently estimated at $285,000, approximately $187 per square foot. This property was built in 1973. 5616 9th Ave is a home located in Lee County with nearby schools including Orangewood Elementary School, Allen Park Elementary School, and Edison Park Creative & Expressive Arts School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes