NOT LISTED FOR SALE

Estimated Value: $1,834,000 - $2,011,000

5 Beds
3 Baths
2,363 Sq Ft
$804/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $1,895,000 $802 Per Sq Ft

Current estimated payment $10,124/month

11 Days on Market

Highlights

  • Wood Flooring
  • Park
  • Bike Trail
  • Naples Bayside Academy Rated A

About This Home

As of April 2024

Welcome to Naples! Recently painted exterior with beautifully maintained units. Unit mix consists of (2) two bedroom 1 bath units and (1) one bedroom one bath unit. Ideal for an owner user, the property also offers two large garages which can easily be rented out for additional monthly income. Location doesn't get much better than this! You are steps from the Bay, steps from Mother's Beach, and directly across from Long Beach's famous Second Street housing all your favorite coffee shops, eateries, bars, and boutiques. Don't miss out on buying a piece of Naples!

Last Agent to Sell the Property

Christa Vessell

Coldwell Banker Commercial Brokerage Phone: 909-771-8779 License #02058824 Listed on: 01/29/2024

Coldwell Banker Commercial

Co-Listed By

George Bustamante

Coldwell Banker Commercial Brokerage Phone: 909-771-8779 License #01484265

Last Buyer's Agent

jack irvin

Coldwell Banker Realty License #449434

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 3,449 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 2,363 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 23 / 4
  • Tax Tract Number 7293
  • Assessor Parcel Number 7244006023
  • $580 per year additional tax assessments

Community Details

Overview

  • 3 Units
  • Naples Subdivision

Recreation

  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $46
  • Gardener Expense $815
  • Insurance Expense $6,190
  • Maintenance Expense $1,000
  • Professional Management Expense $4,000
  • Water Sewer Expense $854
  • New Taxes Expense $23,000
  • Operating Expense $36,008
  • Gross Income $89,760
  • Net Operating Income $53,752

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 4000.00
  • Property Attached: Yes
  • Subdivision Name Other: Naples (NA)
  • Water Sewer Expenses: 854.00
  • Zoning: LBR2S
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 815.00
  • Parcel Number: 7244006023
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Entry Level: 1
  • Price Per Square Foot: 801.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Dog Park, Park, Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3449.00
  • Lot Size Acres: 0.0792

Rental Info

  • Garage Rental Rate: 230.00

Multi Family

  • Electric Expense: 46.00
  • Garage Income: 2760.00
  • Gross Income: 89760.00
  • Gross Scheduled Income: 89760.00
  • Insurance Expense: 6190.00
  • Lot Size Area: 3449.0000 Square Feet
  • Maintenance Expense: 1000.00
  • Net Operating Income: 53752.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 36008.00
  • Rent Control: Yes
  • Total Expenses: 36008.00

Tax Info

  • New Taxes Expense: 23000.00
  • Tax Block: 4
  • Tax Census Tract: 5775.01
  • Tax Lot: 23
  • Tax Tract Number: 7293
  • TaxOtherAnnualAssessmentAmount: 580.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2025
Sold by
Stephens Deborah C
Bought by
Deborah C Stephens Trust and Stephens
Current Estimated Value
$1,900,602

Purchase Details

Listed on
Jan 29, 2024
Closed on
Feb 22, 2024
Sold by
Weiss Alaine Marie and Weiss John
Bought by
Stephens Deborah C
Seller's Agent
Christa Vessell
Coldwell Banker Commercial
Buyer's Agent
jack irvin
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$1,895,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.17%
Original Mortgage
$150,000
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2008
Sold by
Weiss John A
Bought by
Weiss Alaine Marie

Purchase Details

Closed on
May 7, 2008
Sold by
Weiss John A and Weiss Revocable Family Trust A
Bought by
Weiss John A

Purchase Details

Closed on
Oct 5, 2006
Sold by
Weiss Bernice M and Weiss Revocable Family Trust
Bought by
Weiss Bernice M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Deborah C Stephens Trust -- None Listed On Document
Deborah C Stephens Trust -- None Listed On Document
Stephens Deborah C $1,895,000 Ticor Title Company Of Califor
Weiss Alaine Marie -- None Available
Weiss John A -- None Available
Weiss Bernice M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephens Deborah C $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $1,895,000 0.0% $802 / Sq Ft
01/29/2024 01/29/24 For Sale $1,895,000 -- $802 / 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
2025 $1,995 $1,932,900 $918,000 $1,014,900
2024 $1,995 $109,312 $67,274 $42,038
2023 $1,957 $107,169 $65,955 $41,214
2022 $1,829 $105,068 $64,662 $40,406
2021 $1,797 $103,009 $63,395 $39,614
2019 $1,772 $99,955 $61,515 $38,440
2018 $1,672 $97,996 $60,309 $37,687
2016 $1,532 $94,193 $57,968 $36,225
2015 $1,481 $92,779 $57,098 $35,681
2014 $1,489 $90,963 $55,980 $34,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24017520

California Regional Multiple Listing Service (CRMLS)

APN: 7244-006-023