NOT LISTED FOR SALE

Estimated Value: $834,342 - $1,205,000

8 Beds
4 Baths
-- Sq Ft
0.32 Acres

Last Sold February 28, 2020

Last sale price $550,000

Est. 88% increase in value since last sale

Current estimated payment $6,274/month

498 Days on Market

Highlights

  • 0.32 Acre Lot
  • Concrete Block With Brick
  • Tile Flooring
  • Naples Park Elementary School Rated A-

About This Home

As of February 2020

Great Investment Property with Current Cash Flow ($40,320 Gross Rent). Graveled Parking in front, All Units Rented Month to Month, No Leases. Two Building Quadraplex. All Units Rented Month to Month, No Leases. All Units Occupied with minimal turnover. Tile Floors thru-out. All appliances remain in units. Spacious back Yard. This double lot property could be packaged with two other double lot properties in Naples Park MLS # (218055249) and (218055271) at considerable discount to the right discerning buyer. Property is sold "AS IS"

Last Agent to Sell the Property

Ronald Rubeck

INACTIVE AGENT ACCT License #NAPLES-249520270 Listed on: 08/30/2018

Last Buyer's Agent

Londa Nau

Premier Sotheby's Int'l Realty License #NAPLES-249524668

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,964

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions: 100

Home Design

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

Interior Spaces

  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for departure cleaning, full electric, full telephone, security
  • Assessor Parcel Number 62711960008
  • Tax Block 52

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,964

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 4 BLK 52 LOTS 35-36
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.254954$-81.80407600000001$219.38$13.33$1.00$OrJh6-IZ61It3IHqfsPfJQ
  • Building Design: Quadraplex
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Total Bedrooms: 8
  • Flooring: Tile
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Road: County Maintained, Public Road
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Wall Unit
  • Heat: Wall Unit
  • 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

  • Lot Back: 100
  • Lot Frontage: 100
  • Lot Left: 139
  • Lot Right: 139
  • Lot Unit: 35
  • Section: 33
  • Waterfront: No
  • Zoning Code: 8
  • Acres: 0.3200
  • Lot Description: Oversize
  • Lot Dimensions: 100 X 139
  • Parcel Number: 62711960008

Rental Info

  • Tenant Pays: Departure Cleaning, Full Electric, Full Telephone, Security

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 3964.00

Multi Family

  • Unit Count: 4
  • Gross Rental Income: 40320.00
  • Annual Expenses: 8400.00
  • Total Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2018
Closed on
Feb 24, 2020
Sold by
Dewitt William E and William E Dewitt Trust
Bought by
Lasala Anthony and Lasala Shanda
Seller's Agent
Ronald Rubeck
INACTIVE AGENT ACCT
Buyer's Agent
Londa Nau
Premier Sotheby's Int'l Realty
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$1,035,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,336
Avg. Annual Appreciation
15.07%
Original Mortgage
$412,500
Outstanding Balance
$371,394
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$818,948

Purchase Details

Closed on
Aug 14, 2000
Sold by
Dewitt William E
Bought by
Dewitt William E

Purchase Details

Closed on
Jul 31, 1999
Sold by
Wallace Robert L
Bought by
Wallace Rosemarie T
Source: Public Records

Range of Values:

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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
Lasala Anthony $550,000 Tropical Title
Dewitt William E -- --
Wallace Rosemarie T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lasala Anthony $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $550,000 -7.6% --
01/10/2020 01/10/20 Pending -- -- --
10/02/2019 10/02/19 Price Changed $595,000 +2.1% --
06/27/2019 06/27/19 Price Changed $583,000 -0.3% --
05/28/2019 05/28/19 Price Changed $585,000 -0.8% --
05/01/2019 05/01/19 Price Changed $590,000 -0.8% --
09/05/2018 09/05/18 Price Changed $595,000 +3.5% --
08/30/2018 08/30/18 For Sale $575,000 -- --
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
2024 $7,591 $520,310 -- --
2023 $7,591 $473,009 $0 $0
2022 $5,824 $430,008 $0 $0
2021 $5,227 $390,916 $246,520 $144,396
2020 $4,567 $321,472 $0 $0
2019 $4,406 $292,247 $0 $0
2018 $4,115 $265,679 $0 $0
2017 $3,964 $241,526 $0 $0
2016 $3,739 $219,569 $0 $0
2015 $3,360 $199,608 $0 $0
2014 $2,993 $181,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218055272

Naples Area Board of REALTORS®

APN: 62711960008