$785,000
SOLD NOV 25, 2024

Tower Pointe at Arbor Trace 1001 Arbor Lake Dr Unit 407 Naples, FL 34110

2 Beds
2 Baths
1,550 Sq Ft
$3,041/mo HOA Fee

Recently Sold

$506 Per Sq Ft

13% Below List Price

50 Days on Market

Highlights

  • Concierge
  • Property fronts gulf or ocean
  • Private Membership Available
  • Naples Park Elementary School Rated A-
  • Mangrove Front
  • Clubhouse

About This Home

As of November 2024

Spacious Senior Living with Stunning Bay & Gulf Views. Welcome to your dream retreat in the sky! This beautifully designed 2-bedroom, 2-bathroom condo, boasting 1,550 square feet, offers the perfect blend of luxury and comfort. Ideal for those looking to enjoy a relaxed lifestyle, this home features brand-new flooring, paint and stainless steel appliances, making it truly move-in ready. The open floor plan is perfect for entertaining or simply enjoying your space, with large closets providing ample storage for all your needs. For added peace of mind, a separate climate-controlled storage unit is conveniently located directly across the hall, perfect for keeping your seasonal items safe and accessible. The in-unit laundry room adds convenience to your daily routine. Located in a high-rise building, you'll enjoy breathtaking views of Little Hickory Bay and the Gulf of Mexico from your unit and the 17th floor "Top of Pointe" community space/party room. Maintenance fees cover a comprehensive range of services, including high-speed fiber optic television and internet, water, sewer, trash removal, pest control, and building insurance. Indulge in added luxuries like fitness amenities, fine dining options, and complimentary transportation to medical appointments and shopping, ensuring a truly worry-free lifestyle. This condo offers fee-simple, deeded ownership with 100% equity, low property taxes, and no financial or medical commitments. Arbor Trace caters to an active 55+ community, providing residents with priority placement in Arbor Glen, the assisted living facility, if ever needed. Embrace a lifestyle of spacious, carefree living in a vibrant and mature community just 3 miles from the beautiful white sand Gulf beaches. This upscale condo is the perfect choice for those seeking the ultimate in luxury and convenience. This condo is
more than just a home—it's a lifestyle. Don’t miss the opportunity to experience serene living with
all the modern comforts.

Last Agent to Sell the Property

Meg Titcomb

John R Wood Properties Brokerage Phone: 651-398-0817 License #NAPLES-249527989 Listed on: 08/23/2024

John R Wood Properties

Last Buyer's Agent

Anya Hargraves

Arbor Trace Realty License #NAPLES-360597357

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,322

Year Built

  • Built in 2001

Lot Details

  • Property fronts gulf or ocean
  • Property Fronts a Bay or Harbor
  • Northwest Facing Home
  • Gated Home

HOA Fees

Property Views

  • Ocean To Bay
  • Bay
  • Gulf
  • Mangrove

Home Design

  • Traditional Architecture
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Picture Window
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Mangrove Front
  • Screened Balcony
  • Loading Dock or Area

Utilities

  • Central Heating
  • Underground Utilities
  • Power Generator
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 76970000627

Community Details

Overview

  • 116 Units
  • Private Membership Available
  • High-Rise Condominium
  • Tower Pointe At Arbor Trace Condos
  • Arbor Trace Community
  • Car Wash Area

Amenities

  • Concierge
  • Assisted Living Available
  • Restaurant
  • Beauty Salon
  • Trash Chute
  • Clubhouse
  • Billiard Room
  • Community Library
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,322

Year Built

Built in 2001

Lot Details

0

HOA Fees

$3,041 per month

Listing Details

  • Legal Description: TOWER POINTE AT ARBOR TRACE A CONDOMINIUM UNIT 407
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Building Description: Traditional
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • Year Built: 2001
  • Directions: North of Immokalee Rd and west of Vanderbilt Dr. Gate opens automatically upon approach. 1001 Arbor Lake
  • Property Information: Spacious Senior Living with Stunning Bay & Gulf Views. Welcome to your dream retreat in the sky! This beautifully designed 2-bedroom, 2-bathroom condo, boasting 1,550 square feet, offers the perfect blend of luxury and comfort. Ideal for those looking to enjoy a relaxed lifestyle, this home features brand-new flooring, paint and stainless steel appliances, making it truly move-in ready. The open floor plan is perfect for entertaining or simply enjoying your space, with large closets providing ample storage for all your needs. For added peace of mind, a separate climate-controlled storage unit is conveniently located directly across the hall, perfect for keeping your seasonal items safe and accessible. The in-unit laundry room adds convenience to your daily routine. Located in a high-rise building, you'll enjoy breathtaking views of Little Hickory Bay and the Gulf of Mexico from your unit and the 17th floor "Top of Pointe" community space/party room. Maintenance fees cover a comprehensive range of services, including high-speed fiber optic television and internet, water, sewer, trash removal, pest control, and building insurance. Indulge in added luxuries like fitness amenities, fine dining options, and complimentary transportation to medical appointments and shopping, ensuring a truly worry-free lifestyle. This condo offers fee-simple, deeded ownership with 100% equity, low property taxes, and no financial or medical commitments. Arbor Trace caters to an active 55+ community, providing residents with priority placement in Arbor Glen, the assisted living facility, if ever needed. Embrace a lifestyle of spacious, carefree living in a vibrant and mature community just 3 miles from the beautiful white sand Gulf beaches. This upscale condo is the perfect choice for those seeking the ultimate in luxury and convenience. This condo is more than just a home—it's a lifestyle. Don’t miss the opportunity to experience serene living with all the modern comforts.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 4
  • Price Per Sq Ft: 506.45
  • Total Floors: 1
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Balcony, Screened Lanai/Porch
  • Estimated Living Area: 1550
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Generator, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Vinyl
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fire Sprinkler, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant, Picture

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Bay, Gulf, Gulf and Bay, Landscaped Area, Mangroves
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Gulf Frontage, Mangrove

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Guest, Load Space

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-598-2929
  • Approval: Interview
  • Management: Residents
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: TOWER POINTE AT ARBOR TRACE
  • Condo Fees: 1291
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Concierge Service, Internet/WiFi Access, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Club Fee Mandatory: 1750
  • Club Fee Mandatory Frequency: Monthly
  • Development Name: ARBOR TRACE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Development: Arbor Trace
  • Amenities: Assisted Living Available, Beauty Salon, Bike Storage, Billiards, Bocce Court, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Exercise Room, Extra Storage, Guest Room, Internet Access, Library, Pickleball, Private Membership, Putting Green, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 116
  • Total Number of Units: 206

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Unit: 407
  • Section: 8
  • Total Area: 1752
  • Waterfront: Yes
  • Rear Exposure: Northwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 76970000627

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only
  • Taxes: 5321.89
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Nov 22, 2024
Sold by
Mostrom Richard Kirt and Revocable Trust Agreement Of Elizabeth G
Bought by
Griffin Margaret O
Seller's Agent
Meg Titcomb
John R Wood Properties
Buyer's Agent
Anya Hargraves
Arbor Trace Realty
List Price
$899,000
Sold Price
$785,000
Premium/Discount to List
-$114,000
-12.68%
Total Days on Market
50
Views
144
Current Estimated Value
$782,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,001
Avg. Annual Appreciation
-0.49%

Purchase Details

Listed on
Jun 9, 2017
Closed on
Nov 15, 2017
Sold by
Bartlet Joan B
Bought by
Smith Elizabeth D and Smith Kurt W
Seller's Agent
Jennifer Hoops
Arbor Trace Realty
Buyer's Agent
Jodi Hansen
Gray & CO Realty LLC
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$468,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 27, 2011
Sold by
Wichman David C
Bought by
Bartlett Joan B

Purchase Details

Closed on
Oct 1, 2001
Sold by
Naples Dev Group Inc
Bought by
Wichman Barney
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $785,000 Cottrell Title, Llc
Warranty Deed $785,000 Cottrell Title, Llc
Warranty Deed $520,000 Cottrell Law & Title Corp
Warranty Deed $282,500 Island Title 5 Star Agency L
Warranty Deed $345,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $468,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2024 11/25/24 Sold $785,000 -1.8% $506 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $799,000 -11.1% $515 / Sq Ft
08/23/2024 08/23/24 For Sale $899,000 +72.9% $580 / Sq Ft
11/15/2017 11/15/17 Sold $520,000 -5.5% $297 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $550,000 -- $314 / Sq Ft
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
2023 $5,322 $542,400 $0 $542,400
2022 $5,415 $505,175 $0 $0
2021 $5,014 $459,250 $0 $459,250
2020 $4,908 $454,100 $0 $454,100
2019 $4,861 $446,350 $0 $446,350
2018 $4,852 $446,350 $0 $446,350
2017 $3,222 $332,789 $0 $0
2016 $3,148 $325,944 $0 $0
2015 $3,175 $323,678 $0 $0
2014 $3,184 $270,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224070256

Naples Area Board of REALTORS®

APN: 76970000627