NOT LISTED FOR SALE

1005 4th St S Unit 203 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $2,757,596 - $3,146,000

3 Beds
3 Baths
2,770 Sq Ft
$1,130/mo HOA Fee

Last Sold May 15, 2023

Last sale price $2,750,000 $993 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $18,488/month

91 Days on Market

Highlights

  • Lanai
  • End Unit
  • Community Pool or Spa Combo
  • Lake Park Elementary School Rated A
  • Great Room
  • 3-minute walk to Rodgers Park

About This Home

As of May 2023

Located in the heart of Old Naples, this Isla Mar penthouse includes over 2,700 square feet with 3 large bedrooms, plus a den and 3 full bathrooms, located all on one level. Enjoy the iconic Naples sunsets from the expansive terrace of this rarely available condominium, where there are only two units per floor and share no common walls for maximum privacy. Upgrades include French doors accessing both east and west terraces, 16-foot ceilings in the living room, a heated pool/spa and beautiful landscaping. This residence offers a private attached 2-car garage and private driveway. Larger pets are also welcome. Perfectly situated to shops and dining, Isla Mar is located just two blocks to Third Street, five blocks to Fifth Avenue and only four blocks to the beach!

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty License #NAPLES-249500877 Listed on: 01/05/2023

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Elizabeth Lodge

Premiere Plus Realty Company License #NAPLES-176549058

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,830

Year Built

  • Built in 2000

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $1,130 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • Parking Garage Space
  • Deeded Parking

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,770 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Central Vacuum
  • Tray Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Arched Windows
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Double Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Home Security

Outdoor Features

  • Patio
  • Lanai

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Underground Utilities
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10360000125

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • Isla Mar Condos
  • Olde Naples Community

Amenities

  • Elevator

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • Pets up to 100 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

$14,830

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,130 per month

Parking

2

Listing Details

  • Legal Description: ISLA MAR IN OLD NAPLES A CONDOMINIUM UNIT 203
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.135355$-81.800631$125.62$13.33$1.00$hYMfFN2Bh-rglCsGeHyPag
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Storm Protection: Impact Resistant Windows
  • Year Built: 2000
  • Property Information: Located in the heart of Old Naples, this Isla Mar penthouse includes over 2,700 square feet with 3 large bedrooms, plus a den and 3 full bathrooms, located all on one level. Enjoy the iconic Naples sunsets from the expansive terrace of this rarely available condominium, where there are only two units per floor and share no common walls for maximum privacy. Upgrades include French doors accessing both east and west terraces, 16-foot ceilings in the living room, a heated pool/spa and beautiful landscaping. This residence offers a private attached 2-car garage and private driveway. Larger pets are also welcome. Perfectly situated to shops and dining, Isla Mar is located just two blocks to Third Street, five blocks to Fifth Avenue and only four blocks to the beach!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 992.78
  • Total Floors: 1
  • Additional Rooms: Home Office, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2770
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Auto Garage Door, Central Vacuum, Cooktop - Electric, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Wall Oven
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Custom Mirrors, Fire Sprinkler, Foyer, French Doors, Laundry Tub, Multiple Phone Lines, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Windows: Arched, Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Patio
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Circle Drive, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan, Zoned
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-598-5980
  • Approval: Application Fee, Interview
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: ISLA MAR
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Reserve, Sewer, Trash Removal, Water
  • Master Hoa Fee: 3390
  • Master HOA Fee Frequency: Quarterly
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 100
  • Development: Olde Naples
  • Amenities: Community Pool, Community Spa/Hot tub, Sidewalk, Streetlight, Underground Utility
  • Units In Building: 6
  • Total Number of Units: 16

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 203
  • Section: 9
  • Total Area: 3300
  • Waterfront: No
  • Rear Exposure: East
  • Lot Description: Regular
  • Parcel Number: 10360000125

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 14830.39
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
May 12, 2023
Sold by
Mimi Webster Ostrander Trust
Bought by
Nancy Murray Revocable Trust
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Elizabeth Lodge
Premiere Plus Realty Company
List Price
$3,795,000
Sold Price
$2,750,000
Premium/Discount to List
-$1,045,000
-27.54%
Views
73
Current Estimated Value
$2,900,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,149
Avg. Annual Appreciation
1.09%

Purchase Details

Closed on
Mar 17, 2014
Sold by
Tash Eldon R and Tash Jenifer W
Bought by
Ostrander Mimi W and Mimi Webster Ostrander Trust

Purchase Details

Closed on
Mar 6, 2008
Sold by
Tash Eldon R and Tash Jenifer W
Bought by
Tash Eldon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,840,000
Interest Rate
5.63%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 16, 2000
Sold by
Group 7 Inc
Bought by
Tash Eldon R and Tash Jenifer W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
8.21%
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 Buyer Sale Price Title Company
Nancy Murray Revocable Trust $2,750,000 None Listed On Document
Ostrander Mimi W $1,572,500 Attorney
Tash Eldon R $305,700 Title Professionals Of Fl
Tash Eldon R $631,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tash Eldon R $1,840,000
Previous Owner Tash Eldon R $50,000
Previous Owner Tash Eldon R $525,000
Previous Owner Tash Eldon R $125,000
Previous Owner Tash Eldon R $340,000
Previous Owner Tash Eldon R $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $2,750,000 -8.3% $993 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $3,000,000 -11.6% $1,083 / Sq Ft
03/08/2023 03/08/23 Price Changed $3,395,000 -10.5% $1,226 / Sq Ft
01/05/2023 01/05/23 For Sale $3,795,000 -- $1,370 / 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 $14,427 $1,597,493 $0 $0
2022 $14,830 $1,550,964 $0 $0
2021 $15,061 $1,505,790 $0 $0
2020 $14,693 $1,485,000 $0 $1,485,000
2019 $14,768 $1,476,524 $0 $0
2018 $14,458 $1,448,993 $0 $0
2017 $14,236 $1,419,190 $0 $0
2016 $13,995 $1,390,000 $0 $0
2015 $14,067 $1,322,500 $0 $0
2014 $7,035 $640,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223000401

Naples Area Board of REALTORS®

APN: 10360000125