NOT LISTED FOR SALE

9056/9058 Frank Rd Fort Myers, FL 33967

Estimated Value: $418,000 - $581,000

5 Beds
2 Baths
2,019 Sq Ft
$235/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $235,000 $116 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,790/month

33 Days on Market

Highlights

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

About This Home

As of February 2018

Great opportunity for investors or for an end user to live in one side and rent out the other!! Terrific income potential. This property is in one of the best areas of San Carlos Park and is within minutes to Florida Gulf Coast University, outlet malls and more. Professionally painted interior on right side. New water heater 2017. Newer ceramic tile flooring in living room and kitchen. High vaulted ceilings with a great open floor plan. Large rear screened lanai with separate storage room with full size washer and dryer. The lanai on the left side was enclosed to create a third bedroom. No water bill for tenants. Well serviced by AAA Water Treatment throughout entirety life of duplex. Three-bedroom unit is month to month and two-bedroom unit has lease until December 2018. INVESTORS: Seller is also selling duplex next door at 9062/9064 Frank rd. This property can be included in a double duplex package, please ask for further details.

Last Agent to Sell the Property

Jeff Jewitt Pa

Fathom Realty FL LLC License #258021917 Listed on: 12/26/2017

Fathom Realty FL LLC

Co-Listed By

David Candelaria

EXIT Gulf Coast Realty License #258018290

Last Buyer's Agent

Kevin Bundy

Compass Real Estate License #249521620

Compass Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 1996

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 143 x 81 x 143
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,019 Sq Ft Home
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet
  • Legal Lot and Block 22 / 121
  • Assessor Parcel Number 15-46-25-10-00121.0220

Community Details

Overview

  • 2 Units
  • San Carlos Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $2,199
  • Net Operating Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,199

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Lot Size: 80 x 143 x 81 x 143
  • Co List Office Mls Id: FFRFL
  • Co List Office Phone: (210) 639-9897
  • Subdivision Name: SAN CARLOS PARK
  • Directions: ALICO RD Turn RIGHT onto ORIOLE RD Turn LEFT onto FRANK RD.
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1996
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Number Of Buildings: 1
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Room For Pool
  • 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: See Remarks
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 15-46-25-10-00121.0220
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 19800.0
  • Annual Operating Expense: 2199.0

Tax Info

  • Tax Annual Amount: 2199.0
  • Tax Block: 121
  • Tax Lot: 22
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2017
Closed on
Feb 28, 2018
Sold by
Talbott Richard B and Talbott Susan F
Bought by
Lopez Filberto Ramirez and Cruz Ramirez Maria Elena
Seller's Agent
Jeff Jewitt Pa
Fathom Realty FL LLC
Buyer's Agent
Kevin Bundy
Compass Real Estate
List Price
$239,900
Sold Price
$235,000
Premium/Discount to List
-$4,900
-2.04%
Current Estimated Value
$475,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,333
Avg. Annual Appreciation
9.66%
Original Mortgage
$230,743
Outstanding Balance
$197,250
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$278,083

Purchase Details

Closed on
Feb 11, 2005
Sold by
Fulton Natalie L
Bought by
Talbott Richard B and Talbott Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,200
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 1996
Sold by
Menard Ronald A
Bought by
Fulton Natalie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,650
Interest Rate
7.36%
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
Lopez Filberto Ramirez $235,000 Breeze Escrow & Title Inc
Talbott Richard B $215,000 Executive Title Ins Svcs Inc
Fulton Natalie L $11,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Filberto Ramirez $230,743
Previous Owner Talbott Richard B $161,200
Previous Owner Fulton Natalie L $88,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $235,000 -2.0% $116 / Sq Ft
01/29/2018 01/29/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $239,900 -- $119 / 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
2025 $3,218 $216,452 -- --
2024 $2,925 $202,820 -- --
2023 $2,925 $190,168 $0 $0
2022 $2,880 $178,498 $0 $0
2021 $2,583 $180,856 $38,000 $142,856
2020 $2,480 $159,086 $33,800 $125,286
2019 $2,952 $160,693 $27,800 $132,893
2018 $2,431 $151,002 $26,000 $125,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217078338

Florida Gulf Coast Multiple Listing Service

APN: 15-46-25-10-00121.0220