NOT LISTED FOR SALE

Estimated Value: $425,000 - $449,000

2 Beds
2 Baths
-- Sq Ft
0.35 Acres

Last Sold July 03, 2018

Last sale price $227,500

Est. 101% increase in value since last sale

Current estimated payment $2,787/month

87 Days on Market

Highlights

  • 0.35 Acre Lot
  • Concrete Block With Brick
  • Tile Flooring
  • End Unit
  • Patio
  • 1-Story Property

About This Home

As of July 2018

LARGE OPEN ONE BEDROOM UNITS RENT VERY QUICKLY IN A GREAT LOCATION WITH A DOUBLE LOT EACH UNIT HAS 50 FT WIDE REAR YARD FENCE DOWN THE MIDDLE. THERE IS PLENTY OF SIDE YARD TO ADD ON OR PUT A GARAGE IN REAR.OR YOU COULD PARK YOUR BOAT OR CAMPER . EACH UNIT HAS ITS OWN DRIVE WITH ROOM FOR 4 CARS
LOTS OF POSSIBILITY HERE AT THIS PRICE. THEY ARE BOTH OCCUPIED.

PROOF OF FUNDS REQUIRED TO SHOW THIS LISTING

Last Agent to Sell the Property

Tom Beste

MVP Realty Associates LLC License #NAPLES-249518361 Listed on: 03/25/2018

Last Buyer's Agent

Yasmine Awad

Premiere Plus Realty Company License #NAPLES-249511389

Premiere Plus Realty Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1968

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions: 100
  • End Unit
  • Fenced

Home Design

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

Interior Spaces

  • 1-Story Property
  • Single Hung Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Window Unit Heating System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable, credit application, full electric, full telephone, long distance telephone, pest control
  • Assessor Parcel Number 77213720003

Community Details

Overview

  • 2 Units
  • Trail Acres Condos

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $5,500
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Legal Description: Trail Acres BLK 5 Lots 15-16
  • Property Type: Residential Income
  • Table: Residential Income
  • Street View Param: 1$26.075401$-81.72560900000002$184.02$13.33$1.00$5DmquoIv2Q24J2u5OFaggg
  • Building Design: Duplex
  • Building Description: 1 Story/Ranch, End-Unit
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • 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 Features: Fence, Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Window Unit
  • Heat: Window Unit
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Pets: No Approval Needed
  • Development: Trail Acres
  • Community Type: Non-Gated
  • Units In Building: 2

Condo/Co-op/Association

  • Sub Condo Name: TRAIL ACRES

Lot Info

  • Lot Back: 100
  • Lot Frontage: 100
  • Lot Left: 150
  • Lot Right: 150
  • Waterfront: No
  • Acres: 0.3500
  • Lot Description: Oversize
  • Lot Dimensions: 100 X 150
  • Parcel Number: 77213720003

Rental Info

  • Tenant Pays: Cable, Credit Application, Full Electric, Full Telephone, Long Distance Telephone, Pest Control

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 1400.00

Multi Family

  • Unit Count: 2
  • Gross Rental Income: 23400.00
  • Annual Expenses: 5500.00
  • Annual Net Operating Income: 18000.00
  • Total Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 6, 2021
Sold by
Smythe Laurie S and Smythe John R
Bought by
Courtney Tateo and Christian Tateo Paul
Current Estimated Value
$457,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Outstanding Balance
$177,791
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$258,754

Purchase Details

Listed on
Mar 25, 2018
Closed on
Jul 2, 2018
Sold by
Beste Tom
Bought by
Smythe Laurie S and Smythe John R
Seller's Agent
Tom Beste
MVP Realty Associates LLC
Buyer's Agent
Yasmine Awad
Premiere Plus Realty Company
List Price
$269,000
Sold Price
$227,500
Premium/Discount to List
-$41,500
-15.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$170,625
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2017
Sold by
Harris Jewell S
Bought by
Beste Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,096
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2011
Sold by
Harris Jewell S
Bought by
Harris Jewell S

Purchase Details

Closed on
Feb 21, 2005
Sold by
Harris Jewell S
Bought by
Harris Jewell S
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
Courtney Tateo $265,000 Accommodation
Smythe Laurie S $227,500 Attorney
Beste Tom $182,400 Attorney
Harris Jewell S -- Attorney
Harris Jewell S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courtney Tateo $198,750
Previous Owner Smythe Laurie S $170,625
Previous Owner Beste Tom $179,096
Previous Owner Silva William F $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $227,500 -3.2% --
06/20/2018 06/20/18 Pending -- -- --
05/28/2018 05/28/18 Price Changed $235,000 -1.7% --
05/22/2018 05/22/18 Price Changed $239,000 -2.4% --
05/13/2018 05/13/18 Price Changed $245,000 -1.6% --
04/21/2018 04/21/18 Price Changed $249,000 -2.4% --
04/11/2018 04/11/18 Price Changed $255,000 -1.5% --
04/03/2018 04/03/18 Price Changed $259,000 -3.7% --
03/25/2018 03/25/18 For Sale $269,000 -- --
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 $3,767 $319,199 -- --
2023 $3,767 $290,181 $0 $0
2022 $3,354 $263,801 $185,130 $78,671
2021 $2,769 $200,319 $0 $0
2020 $2,503 $182,108 $125,000 $57,108
2019 $2,647 $194,247 $145,755 $48,492
2018 $2,312 $184,545 $118,500 $66,045
2017 $1,278 $78,260 $0 $0
2016 $1,316 $71,145 $0 $0
2015 $1,260 $64,677 $0 $0
2014 $1,034 $58,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Naples Area Board of REALTORS®

MLS Number: 218023346

Naples Area Board of REALTORS®

APN: 77213720003