NOT LISTED FOR SALE

Estimated Value: $1,286,000 - $1,710,000

4 Beds
2 Baths
1,840 Sq Ft
$804/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $930,000 $505 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,366/month

43 Days on Market

Highlights

  • Heated Spa
  • No HOA
  • Floor Furnace
  • Naples Bayside Academy Rated A
  • Laundry Room
  • 2 Car Garage

About This Home

As of July 2020

Exceptional Naples Duplex located just minutes from Mother's Beach, Naples canals, restaurants and shopping. Each unit features 2 bedroom and 1 bathroom with in unit laundry including washer and dryer. The owner's unit includes a large deck on the upper level and private parking in the 2 car garage. Proforma rents are front unit $2300 and back unit $2700. Such a lovely place to live and a rare opportunity. Don't let this slip away! Interior photos depict the rear (owners) unit and include floor plans. Buyer to verify sq ft

Last Agent to Sell the Property

Ed Kaminsky

eXp Realty of California, Inc License #00958114 Listed on: 04/02/2020

eXp Realty of California, Inc

Last Buyer's Agent

Judy Pierce

Keller Williams Coastal Prop. License #01225804

Keller Williams Coastal Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,712

Year Built

  • Built in 1947

Lot Details

  • 3,601 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,840 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Kitchen
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 19 / 10
  • Tax Tract Number 7118
  • Assessor Parcel Number 7243003017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $78
  • Fuel Expense $57
  • Insurance Expense $1,500
  • Trash Expense $23
  • Water Sewer Expense $52
  • New Taxes Expense $12,099
  • Operating Expense $16,120
  • Gross Income $60,000
  • Net Operating Income $43,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,712

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Tina Phillips
  • Other Phone Number: 3108738462
  • Property Attached: Yes
  • Subdivision Name Other: Naples (NA)
  • Water Sewer Expenses: 52.00
  • Zoning: LBR2S
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7243003017
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 505.43
  • Spa Features: Private, Above Ground, Heated

Exterior Features

  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, In Closet, In Kitchen, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 23.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 3601.00
  • Lot Size Acres: 0.0827

Multi Family

  • Electric Expense: 78.00
  • Fuel Expense: 57.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3601.0000 Square Feet
  • Net Operating Income: 43280.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 16120.00
  • Other Income Description: ALL INCOME IS PROFORMA NUMBERS
  • Rent Control: No
  • Total Expenses: 16120.00

Tax Info

  • New Taxes Expense: 12099.00
  • Tax Block: 10
  • Tax Census Tract: 5775.01
  • Tax Lot: 19
  • Tax Tract Number: 7118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
May 20, 2020
Sold by
Stuht Kurt Richard and Stuht Amy Colcord
Bought by
Christidis Anastasios and Christidis Stephanie
Seller's Agent
Ed Kaminsky
eXp Realty of California, Inc
Buyer's Agent
Judy Pierce
Keller Williams Coastal Prop.
List Price
$1,000,000
Sold Price
$930,000
Premium/Discount to List
-$70,000
-7%
Total Days on Market
43
Current Estimated Value
$1,479,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,902
Avg. Annual Appreciation
8.95%
Original Mortgage
$560,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1998
Sold by
Shirlie Stuht Trust and Kurt R
Bought by
Stuht Kurt Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.03%

Purchase Details

Closed on
Feb 17, 1994
Sold by
Stuht Shirlie S
Bought by
Stuht Shirlie
Source: Public Records

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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
Christidis Anastasios $930,000 First American Title Company
Stuht Kurt Richard -- Equity Title
Stuht Shirlie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anastasios Christidis $577,000
Previous Owner Christidis Anastasios $560,000
Previous Owner Stuht Kurt Richard $550,000
Previous Owner Stuht Kurt Richard $461,500
Previous Owner Stuht Kurt Richard $460,000
Previous Owner Stuht Kurt Richard $300,000
Previous Owner Stuht Kurt Richard $50,000
Previous Owner Stuht Kurt Richard $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $930,000 -4.6% $505 / Sq Ft
05/15/2020 05/15/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $975,000 -2.5% $530 / Sq Ft
04/02/2020 04/02/20 For Sale $1,000,000 -- $543 / 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
2024 $12,712 $986,922 $742,845 $244,077
2023 $12,501 $967,572 $728,280 $239,292
2022 $11,713 $948,600 $714,000 $234,600
2021 $11,501 $930,000 $700,000 $230,000
2020 $4,808 $372,293 $241,248 $131,045
2019 $4,750 $364,994 $236,518 $128,476
2018 $4,576 $357,838 $231,881 $125,957
2016 $4,203 $343,945 $222,878 $121,067
2015 $4,036 $338,780 $219,531 $119,249
2014 $4,013 $332,145 $215,231 $116,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20067594

California Regional Multiple Listing Service (CRMLS)

APN: 7243-003-017