NOT LISTED FOR SALE

Estimated Value: $657,876 - $850,000

4 Beds
2 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $405,000

Est. 89% increase in value since last sale

Current estimated payment $4,644/month

265 Days on Market

Highlights

  • Concrete Block With Brick
  • Tile Flooring
  • Ceiling Fan
  • Naples Park Elementary School Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of March 2021

Great Naples Park location. Only 1.6 miles to Vanderbilt Beach and 1.4 miles to Delnor Wiggins Pass state park. Close to Mercato fine dining & shopping. Located directly across from Naples Community Center. Excellent annual tenant in place. Property offered As Is with the right to inspect. Seller is a licensed FL Real Estate agent. Please, do not walk on property or disturb tenants. Proof of funds or pre approval needed to view property.

Last Agent to Sell the Property

Ken Dawson

Premiere Plus Realty Company License #NAPLES-858510549 Listed on: 05/13/2020

Premiere Plus Realty Company

Last Buyer's Agent

Lourdes Placid

Premiere Plus Realty Company License #NAPLES-277003029

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,912

Year Built

  • Built in 1970

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions: 50
  • Fenced

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone
  • Assessor Parcel Number 62631400004
  • Tax Block 25

Community Details

Overview

  • 2 Units
  • Naples Park Condos
  • Naples Park Community

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $7,160
  • Net Operating Income $22,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,912

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 3 BLK 25 LOT 39
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.264924$-81.811279$237.40$13.33$1.00$ozDjivG-jn1pvjLpdGUCrw
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1970
  • Directions: Tamiami Trail (41) and turn onto 103rd Ave N , property is on the left. Rental sign out front.
  • Property Information: Great Naples Park location. Only 1.6 miles to Vanderbilt Beach and 1.4 miles to Delnor Wiggins Pass state park. Close to Mercato fine dining & shopping. Located directly across from Naples Community Center. Excellent annual tenant in place. Property offered As Is with the right to inspect. Seller is a licensed FL Real Estate agent. Please, do not walk on property or disturb tenants. Proof of funds or pre approval needed to view property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: Public Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK
  • Development Name: NAPLES PARK

Lot Info

  • Lot Back: 50
  • Lot Frontage: 50
  • Lot Left: 122
  • Lot Right: 122
  • Lot Unit: 39
  • Section: 28
  • Waterfront: No
  • Zoning Code: 8 MultiFamily
  • Acres: 0.1400
  • Lot Description: Regular
  • Lot Dimensions: 50 X 122
  • Parcel Number: 62631400004

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 2912.00
  • Tax Year: 2019

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 30000.00
  • Annual Expenses: 7160.00
  • Annual Net Operating Income: 22840.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Mar 30, 2021
Sold by
K & C Dawson Llc
Bought by
Espinosa Josue and Pavlick Alisa
Seller's Agent
Ken Dawson
Premiere Plus Realty Company
Buyer's Agent
Lourdes Placid
Premiere Plus Realty Company
List Price
$439,900
Sold Price
$405,000
Premium/Discount to List
-$34,900
-7.93%
Current Estimated Value
$766,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,719
Avg. Annual Appreciation
16.75%
Original Mortgage
$360,000
Outstanding Balance
$327,573
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$475,307

Purchase Details

Closed on
Jun 20, 2011
Sold by
Sipnick Marvin R and Sipnick Lorie J
Bought by
K & C Dawson Llc

Purchase Details

Closed on
Aug 31, 1995
Sold by
King Malcolm M and King Shirley E
Bought by
Sipnick Marvin R and Sipnick Lorie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Espinosa Josue $405,000 Attorney
K & C Dawson Llc $170,000 Attorney
Sipnick Marvin R $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Josue $360,000
Previous Owner Sipnick Marvin R $80,000
Previous Owner Sipnick Marvin R $63,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $405,000 -7.9% --
02/02/2021 02/02/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $439,900 +8.6% --
07/30/2020 07/30/20 Off Market $405,000 -- --
05/13/2020 05/13/20 For Sale $439,900 -- --
Source: Naples Area Board of REALTORS®

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 $5,701 $494,427 -- --
2023 $5,701 $449,479 $0 $0
2022 $4,786 $408,617 $372,344 $36,273
2021 $3,713 $267,955 $0 $0
2020 $3,289 $243,595 $0 $0
2019 $3,033 $221,450 $0 $0
2018 $2,916 $201,318 $0 $0
2017 $2,542 $183,016 $0 $0
2016 $2,592 $166,378 $0 $0
2015 $2,403 $151,253 $0 $0
2014 $2,151 $137,503 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220031718

Naples Area Board of REALTORS®

APN: 62631400004