$520,000
SOLD NOV 15, 2017

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

2 Beds
2 Baths
1,752 Sq Ft
2001 Built

Recently Sold

$297 Per Sq Ft

5% Below List Price

109 Days on Market

Highlights

  • Central Heating and Cooling System
  • Naples Park Elementary School Rated A-
  • High-Rise Condominium

About This Home

As of November 2024

Arbor Trace is an active adult community with exceptional amenities including the 17th level Top of the Pointe Club overlooking the Bay and Gulf. North Naples campus for Hodges University Lifelong Learning classes. Enjoy the use of all club facilities, fine dining, and transportation. Housekeeping and maintenance optional. On-site assisted living and round-the-clock emergency monitoring for peace of mind.

Last Agent to Sell the Property

Jennifer Hoops

Arbor Trace Realty License #NAPLES Listed on: 06/09/2017

Co-Listed By

Jennie Bradford

Arbor Trace Realty License #NAPLES-249512684

Last Buyer's Agent

Jodi Hansen

Gray & CO Realty LLC License #NAPLES-249523751

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,322

Year Built

  • 2001

Parking

  • Deeded Parking

Home Design

  • 1,752 Sq Ft Home
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • High-Rise Condominium
  • Tower Pointe At Arbor Trace Condos
  • 17-Story Property

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,322

Year Built

2001

Lot Details

0

Listing Details

  • Legal Description: TOWER POINTE AT ARBOR TRACE A CONDOMINIUM UNIT 407
  • Building Design: High Rise (8+)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2001

Interior Features

  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Floor Plan: Great Room
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable Prewire, Fire Sprinkler, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Shower Only
  • Furnished Description: Unfurnished
  • Num Unit Floor: 4
  • Price Per Sq Ft: 335.48
  • Total Floors: 17

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • Windows: Picture
  • Roof: Tile

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Assisted Living Available, Beauty Salon, Bike Storage, Bocce Court, Clubhouse, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Dog Park, Exercise Room, Extra Storage, Guest Room, Internet Access, Library, Pickleball, Private Membership, Putting Green, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Condo/Hotel
  • Maintenance: Cable, Concierge Service, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Approval: Interview
  • Management: Residents
  • Restrictions: Deeded, Housing For Older Persons
  • Sub Condo Name: TOWER POINTE AT ARBOR TRACE

Association/Amenities

  • Units in Building: 116
  • Total Number of Units: 206
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Development: Arbor Trace

Fee Information

  • Condo Fees: 693
  • Condo Fee Frequency: Monthly
  • Mandatory Club Fee: 1220
  • Mandatory Club Fee Frequency: Monthly

Schools

  • Elementary School: Naples Park Elementary School
  • Middle School: North Naples Middle School
  • High School: Gulf Coast High School
  • Elementary School: Naples Park Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Regular
  • Rear Exposure: Northwest
  • View: Gulf and Bay
  • Waterfront: Bay, Gulf Frontage
  • Lot Unit: 407
  • Section: 8
  • Total Area: 1752

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead

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%
Views
144
Current Estimated Value
$773,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,213
Avg. Annual Appreciation
0.35%

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

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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: 217036121

Naples Area Board of REALTORS®

APN: 76970000627