NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $1,731,000

4 Beds
2 Baths
1,763 Sq Ft
$917/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $1,325,000 $752 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,908/month

165 Days on Market

Highlights

  • Fireplace in Bathroom
  • Private Yard
  • Laundry Room
  • Naples Bayside Academy Rated A
  • Park
  • Ceiling Fan

About This Home

As of August 2021

Welcome to 5819/5821 E. 2nd Street Long Beach. This exceptional duplex is in the core of Naples Island. Just a brisk walk to the Mothers' Beach, restaurants including Ballast Point, Roe Seafood, to name a few, and the shops on 2nd St. are the best. If you are looking for an opportunity to advance your investment portfolio or look for the benefits of an owner-occupied property, this is it!

This coastal 2 unit duplex has much to offer.

5819 is a single-story unit located in front. This home includes two bedrooms, one bathroom, a charming kitchen, convenient home laundry, and a comfortable, spacious living room.

5821 is a spacious two-story two-bedroom, one bath and includes a lovely open kitchen, an ideal dining space with french doors leading to a spacious private patio; the living room is a cozy space with an abundance of natural light.

Each of these units comes with a one-car garage and private laundry.

Last Agent to Sell the Property

Sadrudin Lalani

Personal Touch Finance Inc. License #01154564 Listed on: 02/05/2021

Last Buyer's Agent

Jason Kirklen

Kirklen Investment Group License #01939655

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 3,618 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage
  • 1 Carport Space

Home Design

  • Duplex
  • Split Level Home

Interior Spaces

  • 1,763 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • 2 Bathrooms
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Outdoor Features

  • Fireplace in Patio
  • Exterior Lighting

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 21 / 10
  • Tax Tract Number 7118
  • Assessor Parcel Number 7243003019

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Belmont Park Subdivision

Recreation

  • Park
  • Water Sports
  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $1,800
  • New Taxes Expense $17,500
  • Operating Expense $20,860
  • Net Operating Income $39,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: Belmont Park (BP)
  • Water Sewer Expenses: 1800.00
  • Zoning: LBR2S
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7243003019
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath, Living Room, Master Retreat, Patio, Electric, Gas
  • Levels: Multi/Split
  • Price Per Square Foot: 751.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Watersports, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 3618.00
  • Lot Size Acres: 0.0831
  • Latitude Manual: 33.75668200

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3618.0000 Square Feet
  • Net Operating Income: 39140.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 20860.00
  • Rent Control: No
  • Total Actual Rent: 4966.00
  • Total Expenses: 20860.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Block: 10
  • Tax Census Tract: 5775.01
  • Tax Lot: 21
  • Tax Tract Number: 7118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2019
Sold by
Sapp Vanis Tawny Rae and The Kelly L Sapp Revocable Tru
Bought by
Ali Irfan H and Ali Suraiya I
Current Estimated Value
$1,616,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Outstanding Balance
$692,373
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$924,001

Purchase Details

Closed on
May 4, 2004
Sold by
Mclaurin James R
Bought by
Sapp Kelly L and The Kelly L Sapp Revocable Trust

Purchase Details

Closed on
Apr 4, 2002
Sold by
Mclaurin James R
Bought by
Mclaurin James R and Mclaurin Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.55%

Purchase Details

Closed on
May 28, 1997
Sold by
Witucki Richard
Bought by
Mclaurin James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
8.08%
Mortgage Type
Seller Take Back
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
Ali Irfan H $1,125,000 Pacific Coast Title Company
Sapp Kelly L $889,000 Lawyers Title
Mclaurin James R -- North American Title Co
Mclaurin James R $241,000 Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Irfan H $787,500
Previous Owner Mclaurin James R $122,000
Previous Owner Mclaurin James R $193,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $1,325,000 -1.9% $752 / Sq Ft
06/30/2021 06/30/21 Price Changed $1,349,999 -1.7% $766 / Sq Ft
04/01/2021 04/01/21 Price Changed $1,374,000 -1.8% $779 / Sq Ft
02/05/2021 02/05/21 For Sale $1,399,000 -- $794 / 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 $17,569 $1,406,099 $912,638 $493,461
2024 $17,569 $1,378,530 $894,744 $483,786
2023 $17,278 $1,351,500 $877,200 $474,300
2022 $16,189 $1,325,000 $860,000 $465,000
2021 $14,234 $1,159,387 $824,453 $334,934
2020 $14,197 $1,147,500 $816,000 $331,500
2019 $14,129 $1,133,069 $999,504 $133,565
2018 $13,751 $1,110,853 $979,906 $130,947
2016 $12,652 $1,067,719 $941,856 $125,863
2015 $12,134 $1,051,682 $927,709 $123,973
2014 $12,040 $1,031,082 $909,537 $121,545
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21019295

California Regional Multiple Listing Service (CRMLS)

APN: 7243-003-019