NOT LISTED FOR SALE

Estimated Value: $956,173 - $1,130,000

5 Beds
5 Baths
4,190 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $1,020,000 $243 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,724/month

103 Days on Market

Highlights

  • Lake Front
  • Heated Pool and Spa
  • Wood Flooring
  • 24-Hour Guard
  • Clubhouse
  • Sauna

About This Home

As of March 2024

Immerse yourself in luxury with this meticulously upgraded 5-bedroom + Den, 5-bath home in Marina Bay featuring seamless indoor/outdoor living. Enjoy year-round relaxation in the new heated saltwater pool/spa surrounded by elegant shellstone pavers, the BEST LAKE VIEW in the community , mosquito mist system and fenced yard, ensuring ultimate comfort as well as thoughtfully plumbed for an outdoor kitchen & cable. The gourmet kitchen boasts top-of-the-line Jenn Air appliances, including an induction cooktop & double oven, a walk-in wood-paneled pantry & a convenient wine fridge & work island. Entertain effortlessly in the open living spaces adorned w/crown molding, tray ceilings, abundant natural light, tile & wood flooring, designer lighting, plantation shutters & neutral finishes creating an air of sophistication & warmth. Upstairs you’ll find beauty & practicality w/a loft & wet bar, laundry room, spacious primary bedroom & spa-like bathroom w/his & hers baths & spacious guest rooms. The 3-car garage provides ample space for your vehicles & storage needs. Don't miss the chance to experience the epitome of luxury living in this stunning residence with fabulous community amenities.

Last Agent to Sell the Property

Joseph Pavich

Realty World J. PAVICH R.E. License #BEAR-0706269 Listed on: 10/18/2023

Realty World J. PAVICH R.E.

Last Buyer's Agent

Michele Black

Dalton Wade Inc License #FORT-629046314

Dalton Wade Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,713

Year Built

  • Built in 2018

Lot Details

  • 7,209 Sq Ft Lot
  • Lot Dimensions: 51
  • Lake Front
  • Southwest Facing Home
  • Gated Home
  • Property is zoned MDP-3

HOA Fees

  • $318 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

  • Lake
  • Woods

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 4,190 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Shutters
  • Double Hung Windows
  • Sliding Windows
  • French Doors
  • Formal Dining Room
  • Den
  • Loft

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Washer
  • Laundry Tub

Pool

  • Heated Pool and Spa
  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-45-25-P1-35000.4200

Community Details

Overview

  • Marina Bay Community

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Exercise Course
  • Community Pool or Spa Combo
  • Park
  • Bike Trail

Security

  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,713

Year Built

Built in 2018

Lot Details

0

HOA Fees

$318 per month

Parking

3

Listing Details

  • Legal Description: MARINA BAY PLAT TWO AS DESC IN INST# 2016000103335 LOT 420
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Shutters - Manual
  • Year Built: 2018
  • Property Information: Immerse yourself in luxury with this meticulously upgraded 5-bedroom + Den, 5-bath home in Marina Bay featuring seamless indoor/outdoor living. Enjoy year-round relaxation in the new heated saltwater pool/spa surrounded by elegant shellstone pavers, the BEST LAKE VIEW in the community , mosquito mist system and fenced yard, ensuring ultimate comfort as well as thoughtfully plumbed for an outdoor kitchen & cable. The gourmet kitchen boasts top-of-the-line Jenn Air appliances, including an induction cooktop & double oven, a walk-in wood-paneled pantry & a convenient wine fridge & work island. Entertain effortlessly in the open living spaces adorned w/crown molding, tray ceilings, abundant natural light, tile & wood flooring, designer lighting, plantation shutters & neutral finishes creating an air of sophistication & warmth. Upstairs you’ll find beauty & practicality w/a loft & wet bar, laundry room, spacious primary bedroom & spa-like bathroom w/his & hers baths & spacious guest rooms. The 3-car garage provides ample space for your vehicles & storage needs. Don't miss the chance to experience the epitome of luxury living in this stunning residence with fabulous community amenities.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 243.44
  • Total Floors: 2
  • Additional Rooms: Den/Study, Guest Bath, Guest Room, Laundry in Residence, Loft
  • Estimated Living Area: 4190
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedroom Description: Master BR Upstairs
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Family Dining, Formal
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Double Oven, Microwave, Refrigerator/Icemaker, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Custom Mirrors, Foyer, French Doors, Internet Available, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Double Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Lake, Wooded Area
  • Exterior Features: Fence
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Custom Upgrades, Heated Electric, Salt Water System
  • Private Spa Type: Heated Electric, Pool Integrated
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: 2+ Spaces

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-313-6682
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial
  • Sub Condo Name: MARINA BAY
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Street Lights
  • Master Hoa Fee: 954
  • Master HOA Fee Frequency: Quarterly
  • Development Name: MARINA BAY

Association/Amenities

  • Pets: With Approval
  • Development: Marina Bay
  • Amenities: Basketball, Bike And Jog Path, Billiards, Clubhouse, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Internet Access, Lap Pool, Pickleball, Play Area, Sauna, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Tennis
  • Units In Building: 1
  • Total Number of Units: 1

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Back: 64
  • Lot Frontage: 51
  • Lot Left: 126
  • Lot Right: 126
  • Lot Unit: 420
  • Section: 14
  • Total Area: 5099
  • Waterfront: Yes
  • Zoning Code: MDP-3
  • Acres: 0.1655
  • Rear Exposure: Southwest
  • Lot Description: Regular
  • Lot Dimensions: 51 X 126 X 64 X 126
  • Parcel Number: 14-45-25-P1-35000.4200

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 9712.75
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Mar 8, 2024
Sold by
Powell Ernest R and Powell Kalan Z
Bought by
Fatmi Shahzad A and Fatmi Ayesha Shahzad
Seller's Agent
Joseph Pavich
Realty World J. PAVICH R.E.
Buyer's Agent
Michele Black
Dalton Wade Inc
List Price
$1,195,000
Sold Price
$1,020,000
Premium/Discount to List
-$175,000
-14.64%
Views
118
Current Estimated Value
$1,013,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,457
Avg. Annual Appreciation
-0.44%
Original Mortgage
$500,000
Outstanding Balance
$486,603
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$526,940

Purchase Details

Closed on
Feb 26, 2018
Sold by
Lee County Homes Associates Llp
Bought by
Powell Ernest R and Powell Kalan Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Fatmi Shahzad A $1,020,000 Legacy Title
Powell Ernest R $572,600 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fatmi Shahzad A $500,000
Previous Owner Powell Ernest R $453,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $1,020,000 -6.8% $243 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/24/2024 01/24/24 Price Changed $1,095,000 -4.8% $261 / Sq Ft
12/17/2023 12/17/23 Price Changed $1,149,900 -3.8% $274 / Sq Ft
10/18/2023 10/18/23 For Sale $1,195,000 -- $285 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $10,594 $751,099 -- --
2023 $10,594 $530,677 $0 $0
2022 $9,713 $482,434 $0 $0
2021 $9,003 $438,576 $48,745 $389,831
2020 $8,851 $419,071 $47,835 $371,236
2019 $8,774 $406,990 $45,560 $361,430
2018 $1,198 $45,370 $45,370 $0
2017 $770 $12,459 $12,459 $0
2016 $241 $12,459 $12,459 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 223070703

Multiple Listing Service of Bonita Springs-Estero

APN: 14-45-25-P1-35000.4200