NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,335,452

4 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold September 14, 2018

Last sale price $560,000

Est. 92% increase in value since last sale

Current estimated payment $6,376/month

545 Days on Market

Highlights

  • 0.31 Acre Lot
  • Room in yard for a pool
  • Tile Flooring
  • Naples Park Elementary School Rated A-
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of September 2018

LOCATION speaks with this well maintained DUPLEX with 2 car garage for each unit, high ceilings, large bedrooms, in the 600 block of up and coming Naples Park community. Walk or ride bike to Vanderbilt beaches, Wiggins State Park, Mercato , Whole Foods and all the wonderful restaurants and shopping nearby. These owners put an AC and dishwasher in unit 678 since owning it, as well as brand new stainless steel refrigerator 10/17. Owners have installed new AC, refrigerator and microwave in unit 682 since owning it. NEW PAINT on outside. There's a large backyard with southern exposure and plenty of room for expansion or a pool. Lawn has sprinkler system. Landlord pays landscaping, water, sewer, trash removal. Tenants pay all else. Well and sprinkler system in place. Live in one and rent the other. Furnish and rental seasonally, off season. There's a shortage of all rentals in Naples and one could really capitalize on maximizing the rental potential of these units with short term daily, weekly, monthly rentals. These units could become amazing cash cows. No HOA, so no restrictions are rentals! Must see these units! Where can you find a double lot west of 41 with southern exposure!

Last Agent to Sell the Property

Karen Beatty

Premiere Plus Realty Company Listed on: 12/22/2016

Premiere Plus Realty Company

Last Buyer's Agent

Karen Beatty

Premiere Plus Realty Company Listed on: 12/22/2016

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1989

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions: 100

Home Design

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Double Hung Windows
  • Room in yard for a pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable, full electric, full telephone, internet access, long distance telephone
  • Assessor Parcel Number 62706160004
  • Tax Block 48

Community Details

Overview

  • 2 Units
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 4 BLK 48 LOT 45 & 46
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.255878$-81.80998199999999$174.01$13.33$1.00$F39VCz_mCETJmi64oB8Cig
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Windows: Double Hung

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block
  • Road: County Maintained, Public Road
  • Exterior Features: Room for Pool
  • Exterior Finish: Stucco

Utilities

  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Naples Park
  • Amenities: Streetlight
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK

Lot Info

  • Section: 33
  • Acres: 0.3100
  • Lot Description: Regular
  • Lot Dimensions: 100 X 135
  • Parcel Number: 62706160004

Rental Info

  • Tenant Pays: Cable, Full Electric, Full Telephone, Internet Access, Long Distance Telephone

Tax Info

  • Tax Description: County Only
  • Taxes: 3799.59

Multi Family

  • Gross Rental Income: 29640.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2025
Sold by
Joseph Rappa Trust and Rappa Joseph
Bought by
Joseph Rappa Revocable Trust and Rappa
Current Estimated Value
$1,075,969

Purchase Details

Closed on
Sep 9, 2022
Sold by
Joseph Rappa
Bought by
Rappa Joseph

Purchase Details

Listed on
Dec 22, 2016
Closed on
Sep 11, 2018
Sold by
Waterside Ventures Llc
Bought by
Rappa Joseph and Rappa Karen A
Seller's Agent
Karen Beatty
Premiere Plus Realty Company
Buyer's Agent
Karen Beatty
Premiere Plus Realty Company
List Price
$609,000
Sold Price
$560,000
Premium/Discount to List
-$49,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Closed on
Jan 5, 2005
Sold by
King Bruce G and King Dawn M
Bought by
Waterside Ventures Llc
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
Joseph Rappa Revocable Trust -- None Listed On Document
Rappa Joseph -- --
Rappa Joseph $560,000 Attorney
Waterside Ventures Llc $540,000 Accu Title Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $560,000 -6.5% --
06/28/2018 06/28/18 Pending -- -- --
06/28/2017 06/28/17 Price Changed $599,000 -1.6% --
12/30/2016 12/30/16 For Sale $609,000 -- --
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
2025 $8,984 $825,672 -- --
2024 $9,360 $750,611 -- --
2023 $9,360 $682,374 $0 $0
2022 $7,503 $620,340 $0 $0
2021 $6,605 $547,290 $0 $0
2020 $5,893 $497,536 $272,520 $225,016
2019 $5,736 $480,015 $305,914 $174,101
2018 $4,381 $322,018 $0 $0
2017 $3,800 $292,744 $0 $0
2016 $3,912 $266,131 $0 $0
2015 $3,638 $241,937 $0 $0
2014 $3,243 $219,943 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216080797

Naples Area Board of REALTORS®

APN: 62706160004