NOT LISTED FOR SALE

Estimated Value: $361,842 - $537,000

11 Beds
7 Baths
-- Sq Ft
0.77 Acres

Last Sold November 17, 2014

Last sale price $192,500

Est. 142% increase in value since last sale

Current estimated payment $2,796/month

137 Days on Market

Highlights

  • 0.77 Acre Lot
  • Jalousie or louvered window
  • Rectangular Lot
  • Fort Myers High School Rated A
  • Central Heating and Cooling System
  • Carpet

About This Home

As of November 2014

This property consists of 3 buildings. There are six units: (1) 2/2; (4) 2/1; (1) 1/1. All units are currently occupied.

Last Agent to Sell the Property

C Chang

Precision Realty Services Inc License #278002413 Listed on: 06/02/2014

Last Buyer's Agent

Billy Katsis

Sun Realty License #251501214

Sun Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1979

Lot Details

  • 0.77 Acre Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Jalousie or louvered window

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Tenant pays for application fee, credit check, cable TV, electricity, pest control, pet deposit, telephone
  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 25-44-24-07-00001.0030

Community Details

Overview

  • 5 Buildings

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $13,379
  • Net Operating Income $20,221

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.77
  • Subdivision Name: NOT APPLICABLE
  • Directions: Property is located east of 41, west of Fowler, north of Winkler & south of Hanson.
  • Architectural Style: Ranch, One Story
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built: 1979
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Number Of Buildings: 5
  • Private Spa: No
  • Full Bathrooms: 7
  • Total Bedrooms: 11
  • Flooring: Carpet, Vinyl
  • Window Features: Jalousie

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • 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: Public

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 25-44-24-07-00001.0030
  • Zoning Description: TFC-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Application Fee, Credit Check, Cable TV, Electricity, Pest Control, Pet Deposit, Telephone

Multi Family

  • Property Net Operating Income: 20221.0
  • Annual Operating Expense: 13379.0

Tax Info

  • Tax Annual Amount: 1759.0
  • Tax Block: 1
  • Tax Lot: 2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2018
Sold by
Telio Investments Llc
Bought by
Neighborhood Restoration Homes Llc
Current Estimated Value
$465,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,500
Outstanding Balance
$208,660
Interest Rate
4.38%
Mortgage Type
Balloon
Estimated Equity
$256,801

Purchase Details

Listed on
Jun 2, 2014
Closed on
Oct 22, 2014
Sold by
Moppy Llc
Bought by
Telio Jacques and Telio Laura
Seller's Agent
C Chang
Precision Realty Services Inc
Buyer's Agent
Billy Katsis
Sun Realty
List Price
$205,000
Sold Price
$192,500
Premium/Discount to List
-$12,500
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Mar 4, 2011
Sold by
2 Chows Investments Llc
Bought by
Moppy Llc

Purchase Details

Closed on
Feb 18, 2011
Sold by
Suncoast Partners Inc
Bought by
2 Chows Investments Llc and Jenw Investments Llc

Purchase Details

Closed on
Dec 17, 2010
Sold by
Gervais Lawrence V and Gervais Sandra L
Bought by
Suncoast Partners Inc

Purchase Details

Closed on
Dec 31, 2002
Sold by
Bahr James F and Bahr Micheline J
Bought by
Gervais Lawrence V and Gervais Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,600
Interest Rate
6.01%
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
Neighborhood Restoration Homes Llc $318,000 South Florida Trust & Title
Neighborhood Restoration Homes Llc $318,000 South Florida Trust & Title
Telio Jacques $192,500 Palm Title Associates Inc
Telio Jacques $192,500 Palm Title Associates Inc
Moppy Llc $115,000 Gulfstream Title Llc
Moppy Llc $115,000 Gulfstream Title Llc
2 Chows Investments Llc -- None Available
2 Chows Investments Llc -- None Available
Suncoast Partners Inc $57,000 Winged Foot Title Llc
Suncoast Partners Inc $57,000 Winged Foot Title Llc
Gervais Lawrence V $220,000 --
Gervais Lawrence V $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neighborhood Restoration Homes Llc $243,500
Previous Owner Gervais Lawrence V $171,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2014 11/17/14 Sold $192,500 -6.1% --
10/18/2014 10/18/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $205,000 -- --
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 $4,181 $348,412 -- --
2024 $4,543 $316,738 $90,000 $210,792
2023 $4,543 $316,016 $31,758 $276,659
2022 $4,588 $314,157 $29,660 $284,497
2021 $4,721 $311,384 $19,594 $291,790
2020 $4,678 $299,491 $9,923 $289,568
2019 $4,283 $262,572 $8,554 $254,018
2018 $2,872 $172,431 $9,407 $163,024
2017 $2,794 $161,501 $9,316 $152,185
2014 -- $109,540 $7,235 $102,305
Source: Public Records

Agents Affiliated with this Home

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Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 214032136

Florida Gulf Coast Multiple Listing Service

APN: 25-44-24-07-00001.0030