NOT LISTED FOR SALE

Estimated Value: $258,000 - $320,000

4 Beds
2 Baths
1,528 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $260,000 $170 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,844/month

147 Days on Market

Highlights

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

About This Home

As of June 2023

Great investment opportunity! This duplex is conveniently located between US 41 and Summerlin Rd, with quick access to both! Currently both units are occupied with long-term tenants and current rents are well under market. This is a solid concrete block building with no damage or flooding due to Hurricane Ian. Drive by OKAY but please do not disturb tenants. 48 hour notice to show!! Property is being sold "AS-IS". Send your best offer today!

Last Agent to Sell the Property

Courtney Harris Watson

Sellstate Advantage Realty License #258025166 Listed on: 01/05/2023

Last Buyer's Agent

Patricia Moreno

Naples Homes and Rentals Inc License #249521590

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1974

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 50 x 120 x 50 x 120
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • 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, internet, water
  • Legal Lot and Block 27 / 10
  • Assessor Parcel Number 11-45-24-03-00010.0270

Community Details

Overview

  • 2 Units
  • Pine Manor Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,311

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.138
  • Lot Size: 50 x 120 x 50 x 120
  • Subdivision Name: PINE MANOR
  • Architectural Style: Ranch, One Story, Duplex
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1974
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

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
  • 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 #: 11-45-24-03-00010.0270
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Internet, Water

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 28800.0

Tax Info

  • Tax Annual Amount: 2310.9
  • Tax Block: 10
  • Tax Lot: 27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jun 2, 2023
Sold by
Thevenin Marie A
Bought by
Velarde Samuel Alejandro
Seller's Agent
Courtney Harris Watson
Sellstate Advantage Realty
Buyer's Agent
Patricia Moreno
Naples Homes and Rentals Inc
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
508
Current Estimated Value
$295,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,333
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jun 8, 2020
Sold by
Witt Douglas M
Bought by
Thevenin Marie A and Thevenin Marie A

Purchase Details

Closed on
Dec 12, 2012
Sold by
J & S Consulting & Construction Llc
Bought by
Witt Douglas M and Witt Marie A

Purchase Details

Closed on
Sep 7, 2012
Sold by
Reynolds Gregg C
Bought by
J & S Consulting & Construction Llc

Purchase Details

Closed on
Feb 27, 1996
Sold by
Mcmillan Michael H
Bought by
Reynolds Gregg C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,100
Interest Rate
6.97%
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
Velarde Samuel Alejandro $260,000 Fidelity National Title Of Flo
Thevenin Marie A -- Attorney
Witt Douglas M $33,500 Team Title Ins Agency Inc
J & S Consulting & Construction Llc $30,000 Team Title Ins Agency Inc
Reynolds Gregg C $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reynolds Gregg C $80,000
Previous Owner Reynolds Gregg C $23,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $260,000 -1.9% $170 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $265,000 +1.9% $173 / Sq Ft
03/08/2023 03/08/23 Off Market $260,000 -- --
02/20/2023 02/20/23 For Sale $265,000 0.0% $173 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/23/2023 01/23/23 Price Changed $265,000 -5.0% $173 / Sq Ft
01/05/2023 01/05/23 For Sale $279,000 -- $183 / 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 $2,821 $220,454 $25,691 $187,238
2023 $2,821 $149,697 $0 $0
2022 $2,664 $136,088 $0 $0
2021 $2,311 $123,716 $9,061 $114,655
2020 $1,577 $102,545 $8,400 $94,145
2019 $1,447 $89,633 $5,200 $84,433
2018 $1,435 $90,440 $5,200 $85,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223000971

Florida Gulf Coast Multiple Listing Service

APN: 11-45-24-03-00010.0270