NOT LISTED FOR SALE

Estimated Value: $1,293,000 - $1,808,000

4 Beds
2 Baths
1,765 Sq Ft
$848/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $600,000 $340 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $8,620/month

10 Days on Market

Highlights

  • Golf Course View
  • Contemporary Architecture
  • Tile Countertops
  • Naples Bayside Academy Rated A
  • Wood Flooring
  • No Heating

About This Home

As of June 2012

Rare Two Story Naples Duplex with Short Sale Approval needed: Front home 2 bedrooms and one bath. Townhouse rear unit with french doors leading to charming rear yard and two car garage. The upstairs of this unit has two bedrooms and one bath. Some updated windows, paint and roof over the past 10 years.

Last Agent to Sell the Property

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 12/22/2011

Last Buyer's Agent

Larry Boren

LB Brokerage, Inc License #00605203 Listed on: 12/22/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 3,564

Parking

  • 2 Parking Spaces

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,765 Sq Ft Home
  • Wood Flooring
  • Golf Course Views
  • Washer

Kitchen

  • Gas Oven or Range
  • Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Additional Features

  • 3,564 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Block 12
  • Tax Tract Number 7118
  • Assessor Parcel Number 7243001023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $480
  • Insurance Expense $1,080
  • Net Operating Income $41,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.89
  • View: Yes
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 7243001023
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Flooring: Wood
  • Appliances: No
  • Levels: Multi/Split
  • Price Per Square Foot: 339.94

Exterior Features

  • View: Golf Course
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: No
  • Laundry: No
  • Appliances: Dishwasher, Free Standing, Gas Cooking, Disposal, Range
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Included

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3564.00
  • Lot Size Acres: 0.0820

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Multiplier: 13.68
  • Gross Scheduled Income: 43800.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 3564.0000 Square Feet
  • Net Operating Income: 41300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2500.00

Tax Info

  • Tax Block: 12
  • Tax Lot: 0.
  • Tax Tract Number: 7118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2011
Closed on
May 15, 2012
Sold by
Perez Anthony E
Bought by
Ho Yen Phuong
Seller's Agent
Larry Boren
LB Brokerage, Inc
Buyer's Agent
Larry Boren
LB Brokerage, Inc
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$1,496,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,682
Avg. Annual Appreciation
6.96%
Original Mortgage
$450,000
Outstanding Balance
$311,050
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$1,185,632

Purchase Details

Closed on
Apr 19, 2007
Sold by
Cucu Valentine and Cucu Rebecca
Bought by
Perez Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,200
Interest Rate
6.12%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 2001
Sold by
Eidern Robert A
Bought by
Cucu Valentine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.57%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Trust Eidem Robert A And Norma F Trs Eid
Bought by
Eidem Robert A
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
Ho Yen Phuong $600,000 Fidelity National Title Co
Perez Anthony E $874,000 Ticor Title
Cucu Valentine $425,000 North American Title
Eidem Robert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Yen Phuong $450,000
Previous Owner Perez Anthony E $699,200
Previous Owner Cucu Valentine $340,000
Closed Cucu Valentine $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $600,000 +0.2% $340 / Sq Ft
01/01/2012 01/01/12 Pending -- -- --
12/22/2011 12/22/11 For Sale $599,000 -- $339 / 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 $9,609 $753,622 $427,053 $326,569
2024 $9,609 $738,846 $418,680 $320,166
2023 $9,448 $724,360 $410,471 $313,889
2022 $8,851 $710,158 $402,423 $307,735
2021 $8,691 $696,234 $394,533 $301,701
2019 $8,567 $675,585 $382,832 $292,753
2018 $8,336 $662,339 $375,326 $287,013
2016 $7,668 $636,621 $360,752 $275,869
2015 $7,357 $627,060 $355,334 $271,726
2014 $7,306 $614,778 $348,374 $266,404
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P806669

California Regional Multiple Listing Service (CRMLS)

APN: 7243-001-023