NOT LISTED FOR SALE

7385 Albany Rd Fort Myers, FL 33967

Estimated Value: $393,000 - $502,000

4 Beds
4 Baths
2,472 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 16, 2018

Last sale price $233,000 $94 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,733/month

36 Days on Market

Highlights

  • Oversized Lot
  • Patio
  • Central Heating and Cooling System
  • Fort Myers High School Rated A
  • Tile Flooring

About This Home

As of August 2018

Terrific opportunity for an INCOME PRODUCING PROPERTY with a consistent rental history. Duplex with tenants already in place in the heart of San Carlos Park. This duplex is generating income of $2,000 monthly.

Last Agent to Sell the Property

Lorie Jubb

Real Estate Warriors LLC License #286001995 Listed on: 07/03/2018

Last Buyer's Agent

Josh Stewart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,325

Year Built

  • Built in 1984

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 75 x 127 x 75 x 127
  • Oversized Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,472 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for credit check, departure cleaning, electricity, internet, pest control, security, telephone
  • Legal Lot and Block 12 / 22
  • Assessor Parcel Number 08-46-25-16-00022.0120

Community Details

Overview

  • 2 Units
  • San Carlos Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $3,765
  • Gross Income $24,000
  • Net Operating Income $20,235

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,325

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2181
  • Lot Size: 75 x 127 x 75 x 127
  • Co List Office Mls Id: FLIR
  • Co List Office Phone: (239) 415-5881
  • Subdivision Name: SAN CARLOS PARK
  • Directions: Constitution Blvd, Turn left onto Constitution Cir, Turn left onto Cypress Point Rd, Cypress Point Rd turns slightly right and becomes Pebble Beach Rd, Turn left onto Barbara Dr, Turn right onto Carrier Rd, Carrier Rd becomes Albany Rd,duplex on the right
  • Architectural Style: Two Story, Duplex
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1984
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: See Remarks

Exterior Features

  • Lot Features: Multiple lots, Oversized Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 08-46-25-16-00022.0120
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Credit Check, Departure Cleaning, Electricity, Internet, Pest Control, Security, Telephone

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 24000.0
  • Property Net Operating Income: 20235.0
  • Annual Operating Expense: 3765.0

Tax Info

  • Tax Annual Amount: 2325.02
  • Tax Block: 22
  • Tax Lot: 12
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Rojas Pierre
Bought by
Coston Romeo Lewis
Current Estimated Value
$445,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,590
Outstanding Balance
$310,920
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$141,747

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 15, 2018
Sold by
Florida Capital Assets Llc
Bought by
Rojas Pierre
Seller's Agent
Lorie Jubb
Real Estate Warriors LLC
Buyer's Agent
Josh Stewart
List Price
$239,900
Sold Price
$233,000
Premium/Discount to List
-$6,900
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.91%
Original Mortgage
$228,779
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2014
Sold by
Rivera Luis E
Bought by
Asset Acquisitions & Holdings Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
10%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2010
Sold by
Delcueto Juan M and Delcueto Del Cueto
Bought by
Citibank Na

Purchase Details

Closed on
Dec 18, 2009
Sold by
Butler Kathryn
Bought by
Butler Kathryn and The Gulf Shore Land Trust

Purchase Details

Closed on
Apr 24, 2006
Sold by
Butler Kathryn
Bought by
The Gulf Shore Land Trust

Purchase Details

Closed on
Jul 31, 2003
Sold by
Edlseder Shawn
Bought by
Butler Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2002
Sold by
Shireman Brett
Bought by
Egleseder Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 1999
Sold by
Mikolak Robert and Mikolak Denise
Bought by
Shireman Brett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1993
Sold by
Umland Lillian Z and Zambuto Deborah L
Bought by
Mikolak Robert and Mikolak Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.52%
Mortgage Type
Commercial
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
Coston Romeo Lewis $330,000 Winged Foot Title Llc
Rojas Pierre $233,000 Landsel Title Agency Inc
Asset Acquisitions & Holdings Trust $10,000 None Available
Citibank Na -- Attorney
The Gulf Shore Land Trust -- Attorney
Butler Kathryn $140,000 --
Egleseder Shawn $125,000 --
Shireman Brett $112,500 --
Mikolak Robert $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coston Romeo Lewis $337,590
Previous Owner Rojas Pierre $228,779
Previous Owner Kellum Kathy $30,000
Previous Owner Butler Kathryn $176,250
Previous Owner Butler Kathryn $112,000
Previous Owner Egleseder Shawn $100,000
Previous Owner Shireman Brett $90,000
Previous Owner Mikolak Robert $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $233,000 -2.9% $94 / Sq Ft
08/09/2018 08/09/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $239,900 -- $97 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,732 $272,360 -- --
2023 $3,732 $259,427 $0 $0
2022 $3,441 $196,479 $60,121 $136,358
2021 $2,747 $153,002 $28,500 $124,502
2020 $2,566 $134,851 $28,500 $106,351
2019 $2,582 $136,466 $24,000 $112,466
2018 $2,404 $128,396 $18,000 $110,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218045371

Florida Gulf Coast Multiple Listing Service

APN: 08-46-25-16-00022.0120