NOT LISTED FOR SALE

Estimated Value: $6,450,000 - $19,033,480

6 Beds
8 Baths
15,387 Sq Ft
$828/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $13,540,000 $880 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $79,730/month

164 Days on Market

About This Home

As of July 2016

This Port Royal waterfront residence on over 1 acre boasts wide water views. The beautifully appointed home is being offered fully furnished. The large kitchen and family room enjoy the stunning wide bay views. There are four generous guest suites, in addition to the guest house. Lushly landscaped grounds include an expansive backyard. For the car enthusiast, the four-car garage could accommodate five or six automobiles. Substantial dock with lift. Immediate eligibility for the Port Royal Club.

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty Listed on: 12/04/2015

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Richard Prebish

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • 2011

Lot Details

  • 1.04

Interior Spaces

  • 15,387 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request

Home Details

Home Type

Single Family

Year Built

2011

Lot Details

1.04 Acres

Listing Details

  • Legal Description: NELSONS WALK SECT PORT ROYAL BEG AT SE CNR OF LOT 15, NWLY ALG NELSONS WALK 189.93FT, N 56 DEG E 340.87FT, S 58 DEG E
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2011

Interior Features

  • Additional Rooms: Balcony, Guest Bath, Guest Room, Home Office, Laundry in Residence, Loft, Open Porch/Lanai, Screened Lanai/Porch
  • Bedroom Description: Master BR Ground, Master BR Sitting Area, Two Master Suites
  • Dining Room: Breakfast Bar, Family Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Dryer, Freezer, Generator, Gas Grill, Warming Tray, Washer, Wine Cooler
  • Floor Plan: Great Room
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Custom Mirrors, Fireplace, Foyer, French Doors, High Speed Available, Laundry Tub, Pantry, Tray Ceiling, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Separate Tub And Shower
  • Furnished Description: Furnished
  • Price Per Sq Ft: 1457.17
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Built In Grill, Deck, Decorative Shutters, Extra Building, Outdoor Fireplace, Outdoor Kitchen, Sprinkler Auto
  • Boat Access: Boat Dock Private, Boat Lift, Electricity Available at Dock, Water Avail at Dock
  • Canal Width: 200+
  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Built In Grill, Deck, Decorative Shutters, Extra Building, Outdoor Fireplace, Outdoor Kitchen, Sprinkler Auto
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Balcony
  • Gulf Access: No Bridge(s)
  • Irrigation: Central, Reclaimed
  • Private Pool: Below Ground, Concrete, Equipment Stays, Heated Electric, Heated Gas, Negative Edge, Pool Bath
  • Private Spa: Below Ground, Concrete, Equipment Stays, Heated Electric, Heated Gas
  • Road: City Maintained, Cul-De-Sac, Paved Road
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Windows: Bay, Sliding, Transom

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heating: Central Electric, Zoned
  • Security: Monitored Alarm, Entry Keypad, Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Beach Access, Beach Club Available, Clubhouse, Private Beach Pavilion, Private Membership, Tennis Court
  • Community Type: Boating, Tennis
  • Restrictions: Architectural
  • Sub Condo Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal

Lot Info

  • Lot Description: Cul-De-Sac, Oversize
  • Rear Exposure: East
  • View: Bay
  • Waterfront: Bay
  • Lot Dimensions: 189 X 340 X 140 X 265
  • Section: 22
  • Total Area: 15387

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jul 26, 2016
Sold by
Lunsford Philip T and Lunsford Joyce L
Bought by
Freda Exchxnge Llc
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Richard Prebish
William Raveis Real Estate
List Price
$14,900,000
Sold Price
$13,540,000
Premium/Discount to List
-$1,360,000
-9.13%
Current Estimated Value
$12,741,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$798,260
Avg. Annual Appreciation
-0.63%

Purchase Details

Closed on
May 1, 2016
Bought by
Freda Exchange Llc

Purchase Details

Closed on
Nov 1, 2015
Bought by
Freda Exchange Llc

Purchase Details

Listed on
Feb 13, 2013
Closed on
Mar 12, 2015
Sold by
Cioffi Ralph and Cioffi Phyllis
Bought by
Lunsford Philip T
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Frank Sajtar
William Raveis Real Estate
List Price
$14,250,000
Sold Price
$12,100,000
Premium/Discount to List
-$2,150,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.47%

Purchase Details

Closed on
Dec 8, 2011
Sold by
Cioffi Ralph and Cioffi Phyllis
Bought by
Denti Kevin A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 4, 2006
Sold by
Schoen William J
Bought by
Cioffi Ralph and Cioffi Phyllis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,680,000
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2005
Sold by
Chesser James D
Bought by
Schoen William J

Purchase Details

Closed on
Apr 12, 2004
Sold by
Mehaffey John A
Bought by
Chesser James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,900,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Freda Exchxnge Llc $13,540,000 None Available
Freda Exchange Llc $100 --
Freda Exchange Llc $100 --
Lunsford Philip T -- Attorney
Lunsford Philip T $12,100,000 Attorney
Denti Kevin A -- Attorney
Cioffi Ralph $7,100,000 Raintree Title Inc
Schoen William J $6,100,000 --
Chesser James D $4,950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denti Kevin A $5,000,000
Previous Owner Cioffi Ralph $5,680,000
Previous Owner Chesser James D $3,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2016 07/30/16 Off Market $13,540,000 -- --
07/27/2016 07/27/16 Sold $13,540,000 -9.1% $880 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
12/04/2015 12/04/15 For Sale $14,900,000 +23.1% $968 / Sq Ft
03/13/2015 03/13/15 Sold $12,100,000 -15.1% $1,463 / Sq Ft View Prior Sale
01/28/2015 01/28/15 Pending -- -- --
02/13/2013 02/13/13 For Sale $14,250,000 -- $1,722 / Sq Ft
Source: Naples Area Board of REALTORS®

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
2025 $169,080 $19,035,185 -- --
2024 $179,393 $17,304,714 -- --
2023 $179,393 $15,731,558 $0 $0
2022 $164,878 $14,301,416 $0 $0
2021 $132,099 $12,873,377 $8,562,154 $4,311,223
2020 $130,420 $12,847,369 $8,656,243 $4,191,126
2019 $144,986 $12,876,768 $0 $0
2018 $119,921 $11,706,153 $7,852,325 $3,853,828
2017 $112,877 $10,955,218 $7,125,102 $3,830,116
2016 $106,954 $10,337,600 $0 $0
2015 $86,895 $8,206,521 $0 $0
2014 $87,232 $8,091,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 215065140

Naples Area Board of REALTORS®

APN: 17360560008

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