NOT LISTED FOR SALE

Estimated Value: $730,000 - $930,000

4 Beds
2 Baths
-- Sq Ft
10,454 Sq Ft Lot

Last Sold December 04, 2020

Last sale price $360,000

Est. 136% increase in value since last sale

Current estimated payment $5,053/month

299 Days on Market

Highlights

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

About This Home

As of December 2020

Great Investment Property with Current Cash Flow ($26400 Gross). Large Front Yard framed by Private Drives on either side of this wide Lot Duplex, All Units Rented Month to Month, No Leases. All Units Occupied with minimal turnover. Tile Floors thru-out. All appliances remain in units. This property is sold "AS IS", no remediation
Private Pool: No

Last Agent to Sell the Property

Ronald Rubeck

INACTIVE AGENT ACCT Listed on: 01/24/2020

Last Buyer's Agent

Allison Callas

Downing Frye Realty Inc. License #NAPLES-249521963

Downing Frye Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1968

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions: 77

Home Design

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

Interior Spaces

  • 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 departure cleaning, full electric, full telephone, security
  • Assessor Parcel Number 62764240005
  • Tax Block 56

Community Details

Overview

  • 2 Units
  • Naples Park Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,755

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Legal Description: NAPLES PARK UNIT 5 BLK 56 E 27FT OF LOT 42 + LOT 43
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.256773$-81.80300799999998$230.93$13.33$1.00$f0rrX0avpsaq1zQLCN0yZQ
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1968
  • 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: County Maintained, Public Road
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: 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
  • Acres: 0.2400
  • Lot Description: Oversize
  • Lot Dimensions: 77 X 134
  • Parcel Number: 62764240005

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: 3755.42

Multi Family

  • Gross Rental Income: 38400.00
  • Annual Expenses: 9000.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Nov 24, 2020
Sold by
Dewitt William E
Bought by
Wilson Maria and Wilson Geoff
Seller's Agent
Ronald Rubeck
INACTIVE AGENT ACCT
Buyer's Agent
Allison Callas
Downing Frye Realty Inc.
List Price
$389,000
Sold Price
$360,000
Premium/Discount to List
-$29,000
-7.46%
Current Estimated Value
$849,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,499
Avg. Annual Appreciation
18.57%

Purchase Details

Closed on
Aug 10, 2000
Sold by
Edwards Leila
Bought by
Dewitt William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 1994
Sold by
Combs Ronald and Combs Phyllis
Bought by
Edwards Leila
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wilson Maria $360,000 Attorney
Dewitt William E $150,000 --
Edwards Leila -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewitt William E $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $360,000 -7.5% --
11/18/2020 11/18/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $389,000 0.0% --
08/23/2020 08/23/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $389,000 -1.5% --
01/24/2020 01/24/20 For Sale $395,000 -- --
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 $7,018 $533,221 -- --
2024 $6,935 $484,746 -- --
2023 $6,935 $440,678 $0 $0
2022 $5,491 $400,616 $0 $0
2021 $4,479 $364,196 $238,392 $125,804
2020 $3,826 $279,930 $0 $0
2019 $3,755 $254,482 $0 $0
2018 $3,423 $231,347 $0 $0
2017 $2,950 $210,315 $0 $0
2016 $2,780 $191,195 $0 $0
2015 $2,649 $173,814 $0 $0
2014 $2,351 $158,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220007975

Naples Area Board of REALTORS®

APN: 62764240005