NOT LISTED FOR SALE

Estimated Value: $272,000 - $342,000

4 Beds
2 Baths
-- Sq Ft
7,013 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $290,000

Est. 4% increase in value since last sale

Current estimated payment $1,885/month

66 Days on Market

Highlights

  • RV or Boat Storage in Community
  • Jalousie or louvered window
  • Tile Flooring
  • Pinewoods Elementary School Rated A-
  • Brick Exterior Construction
  • Central Heating and Cooling System

About This Home

As of September 2021

Solid and steady cash flow duplex in Bonita Springs. With under market rents and month to month leases, this is an easy value add investment. Expenses are low and tenants are great long term tenants that want to stay. Fantastic opportunity for any investor to ride the growth wave of Bonita Springs.

Last Agent to Sell the Property

Atlas Invest Insua

Atlas Investment Real Estate License #NAPLES-277017875 Listed on: 06/28/2021

Last Buyer's Agent

Alex Roman

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,878

Year Built

  • Built in 1974

Lot Details

  • 7,013 Sq Ft Lot
  • Lot Dimensions: 24

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • Jalousie or louvered window
  • Double 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 full electric, water
  • Assessor Parcel Number 26-47-25-B3-0030G.0200
  • Tax Block G

Community Details

Overview

  • 2 Units
  • Rosemary Park Condos

Recreation

  • RV or Boat Storage in Community

Pet Policy

  • Call for details about the types of pets allowed

Building Details

  • Operating Expense $3,281
  • Net Operating Income $18,319

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,878

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Legal Description: ROSEMARY PARK NO.2 BLK G PB 6 PG 30 LOT 20
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.349674$-81.777399$314.64$13.33$1.00$hKtmlmND00QTp8pLDXX9xA
  • Building Design: Duplex
  • Building Description: Duplex
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Flooring: Tile
  • Windows: Double Hung, Jalousie, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Brick, Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: With Approval
  • Development: Rosemary Park
  • Amenities: Boat Storage, Sidewalk
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: ROSEMARY PARK

Lot Info

  • Section: 26
  • Waterfront: No
  • Zoning Code: TFC2
  • Acres: 0.1610
  • Lot Description: Regular
  • Lot Dimensions: 24 X 56
  • Parcel Number: 26-47-25-B3-0030G.0200

Rental Info

  • Tenant Pays: Full Electric, Water

Tax Info

  • Tax Description: City And County
  • Taxes: 1878.00

Multi Family

  • Gross Rental Income: 21600.00
  • Annual Expenses: 3281.00
  • Annual Net Operating Income: 18319.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Sep 27, 2021
Sold by
Westland 732 Inc
Bought by
Decarlo Peter
Seller's Agent
Atlas Invest Insua
Atlas Investment Real Estate
Buyer's Agent
Alex Roman
Coldwell Banker Realty
List Price
$325,000
Sold Price
$290,000
Premium/Discount to List
-$35,000
-10.77%
Current Estimated Value
$301,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,667
Avg. Annual Appreciation
0.97%
Original Mortgage
$217,500
Outstanding Balance
$197,909
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$103,758

Purchase Details

Listed on
Jun 4, 2017
Closed on
Aug 10, 2017
Sold by
Ramick Roy Scott
Bought by
7332 Inc
Seller's Agent
Bill Hollowsky
Miloff Aubuchon Realty Group
Buyer's Agent
Atlas Invest Insua
Atlas Investment Real Estate
List Price
$175,000
Sold Price
$161,000
Premium/Discount to List
-$14,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
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
Decarlo Peter $290,000 South Florida Trust & Title
7332 Inc $161,000 Omnione Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Decarlo Peter $217,500
Closed 7332 Inc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $290,000 -4.9% --
09/02/2021 09/02/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $305,000 -6.2% --
06/28/2021 06/28/21 For Sale $325,000 +101.9% --
08/10/2017 08/10/17 Sold $161,000 -8.0% -- View Prior Sale
07/05/2017 07/05/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $175,000 0.0% --
06/06/2017 06/06/17 Pending -- -- --
06/04/2017 06/04/17 For Sale $175,000 -- --
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 $3,578 $130,729 $33,915 $90,744
2024 $3,020 $203,191 -- --
2023 $3,020 $184,719 $84,408 $97,993
2022 $3,155 $196,023 $60,638 $135,385
2021 $2,130 $127,391 $9,000 $118,391
2020 $1,933 $102,555 $8,500 $94,055
2019 $1,937 $103,367 $8,000 $95,367
2018 $1,886 $99,327 $8,000 $91,327
Source: Public Records

Agents Affiliated with this Home

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Source: Naples Area Board of REALTORS®

MLS Number: 221048002

Naples Area Board of REALTORS®

APN: 26-47-25-B3-0030G.0200