NOT LISTED FOR SALE

Estimated Value: $880,000 - $1,274,466

8 Beds
4 Baths
-- Sq Ft
0.31 Acres

Last Sold March 03, 2020

Last sale price $682,000

Est. 57% increase in value since last sale

Current estimated payment $6,369/month

57 Days on Market

Highlights

  • 0.31 Acre Lot
  • Tile Flooring
  • Ceiling Fan
  • Naples Park Elementary School Rated A-
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of March 2020

A fantastic investment opportunity! Quadruplex on a double lot. Each lot has a duplex and two units on each side. Each unit 2BR/1BA. Perfect location in North Naples, just five minutes from Naples sandy beach, trendy Mercato with its fine dining, shopping, and entertainment.  This property has undergone significant improvements inside and out including: New painted exterior, new lawn, shrubs, fruit trees, and drip edges with fossil rocks placed about bring a lovely curb appeal. Each unit has has been completely updated on the inside including: new counters, tile, paint, blinds and curtains, light fixtures, switches, outlets, fans, remodeled bathrooms and now water heater.

Last Agent to Sell the Property

Yochi Melnick

William Raveis Real Estate Listed on: 10/27/2019

William Raveis Real Estate

Last Buyer's Agent

Juliane Callis

John R Wood Properties

John R Wood Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,569

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Sliding Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, water
  • Assessor Parcel Number 62769760001
  • Tax Block 60

Community Details

Overview

  • 2 Units
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,569

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 5 BLK 60 LOTS 35 & 36
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.25857$-81.80413900000002$133.95$13.33$1.00$XUdELZcMT6UhawQYHbBTrg
  • Building Design: Quadraplex
  • Building Description: Duplex
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Flooring: Laminate, Tile
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Wood Frame
  • Irrigation: Central
  • Road: Private Road
  • Exterior Finish: Wood Siding

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
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: NAPLES PARK

Lot Info

  • Section: 28
  • Waterfront: No
  • Zoning Code: 8 - MULTI-FAMILY LESS THAN 10 UNIT
  • Acres: 0.3100
  • Parcel Number: 62769760001

Rental Info

  • Tenant Pays: Cable, Water

Tax Info

  • Tax Description: County Only
  • Taxes: 4569.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2023
Sold by
Lolly Ryan E and Lolly Sanya C
Bought by
82 Rsl Rentals Llc
Current Estimated Value
$1,067,617

Purchase Details

Listed on
Oct 27, 2019
Closed on
Mar 3, 2020
Sold by
Lee Youngmin and Yun Ratana Kear
Bought by
Lolly Ryan E and Lolly Sanya C
Seller's Agent
Yochi Melnick
William Raveis Real Estate
Buyer's Agent
Juliane Callis
John R Wood Properties
List Price
$725,000
Sold Price
$682,000
Premium/Discount to List
-$43,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%
Original Mortgage
$499,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2014
Closed on
Nov 28, 2014
Sold by
Ward Nathan William
Bought by
Lee Youngmin and Yun Ratana Kear
Seller's Agent
Linda Rey
William Raveis Real Estate
Buyer's Agent
David De La Noval
INACTIVE AGENT ACCT
List Price
$464,000
Sold Price
$419,000
Premium/Discount to List
-$45,000
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%
Original Mortgage
$119,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ward Nathan William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,236
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jun 18, 2010
Sold by
Deroma Joseph H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 5, 2005
Sold by
Deroma Joseph H
Bought by
Deroma Joseph H

Purchase Details

Closed on
Dec 4, 1998
Sold by
Councilor Cavin R
Bought by
Deroma Joseph H
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
82 Rsl Rentals Llc $375,000 --
Lolly Ryan E $682,000 Attorney
Lee Youngmin $424,000 Cottrell Title Group Llc
Ward Nathan William $188,315 New House Title
Federal Home Loan Mortgage Corp -- New House Title
Wells Fargo Bank Na -- None Available
Deroma Joseph H -- --
Deroma Joseph H $223,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lolly Ryan E $499,000
Previous Owner Lee Youngmin $119,000
Previous Owner Ward Nathan William $141,236
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/03/2020 03/03/20 Sold $682,000 -2.4% --
12/23/2019 12/23/19 Pending -- -- --
11/23/2019 11/23/19 Price Changed $699,000 -3.6% --
10/27/2019 10/27/19 For Sale $725,000 +73.0% --
12/01/2014 12/01/14 Sold $419,000 -9.7% -- View Prior Sale
10/14/2014 10/14/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $464,000 -- --
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 $9,499 $725,438 -- --
2024 $9,515 $659,489 -- --
2023 $9,515 $599,535 $0 $0
2022 $7,105 $545,032 $0 $0
2021 $6,383 $495,484 $312,696 $182,788
2020 $4,562 $374,061 $225,432 $148,629
2019 $4,572 $373,731 $238,846 $134,885
2018 $4,569 $314,024 $0 $0
2017 $4,007 $285,476 $187,200 $98,276
2016 $4,617 $338,289 $0 $0
2015 $4,234 $307,535 $0 $0
2014 $3,399 $219,218 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219071555

Naples Area Board of REALTORS®

APN: 62769760001