$7,000,000
SOLD JUN 5, 2024
5 Beds
7 Baths
4,771 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$1,467 Per Sq Ft

19% Below List Price

156 Days on Market

Highlights

  • Heated Pool and Spa
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Lake Park Elementary School Rated A
  • Wood Flooring
  • Lanai

About This Home

As of June 2024

Located near the Gulf of Mexico in the heart of Olde Naples, this single family home offers a blend of elegance, sophistication & coastal charm with timeless appeal. The meticulously designed interior features impeccable craftsmanship & finishes while the open-concept layout provides an airy ambiance filled with natural light. A blend of functionality & aesthetic beauty, the gourmet kitchen boasts top-of-the-line appliances including a Lacanche range & custom cabinetry. Equipped with retractable screens, the covered lanai with summer kitchen offers a seamless transition from indoor to outdoor living and leads to the saltwater pool & spa, enveloped by lush landscaping. Unwind in the comfort of the primary suite, a retreat that exudes tranquility with a spacious ensuite featuring a soaking tub, walk-in shower & dual vanities. Each of the additional four guest bedrooms is thoughtfully designed with its own ensuite bathroom, providing privacy & comfort. In addition, the home is equipped with Lutron lighting, Sonos, climate-controlled garage, and a ChargePoint Home Flex EV charger. A wine room, study, lounge, powder room & pool bath further enhance the functionality & ease of living.

Last Agent to Sell the Property

John Paul Prebish

William Raveis Real Estate License #NAPLES-249521185 Listed on: 11/20/2023

William Raveis Real Estate

Last Buyer's Agent

Walter Patrick

Premier Sotheby's Int'l Realty License #NAPLES-249523644

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,817

Year Built

  • Built in 2018

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions: 75
  • West Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,771 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Furnished or left unfurnished upon request
  • Tray Ceiling
  • Vaulted Ceiling
  • Shutters
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Screened Porch
  • Wood Flooring
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal
  • Pot Filler

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Outdoor Shower
  • Pool Bathroom

Outdoor Features

  • Balcony
  • Lanai
  • Attached Grill

Utilities

  • Zoned Heating and Cooling
  • Smart Home Wiring
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 14036840000
  • Tax Block 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,817

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Legal Description: NAPLES T 7 BLK 9 S 75FT OF LOTS 1-2-3 + E 25FT OF S 75FT OF LOT 4 OR 1883 PG 1685
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.134545$-81.796853$212.66$13.33$1.00$J4k96LHfLE0SgROHVsssYw
  • Building Design: Single Family
  • Building Description: 2 Story
  • Year Built: 2018
  • Property Information: Located near the Gulf of Mexico in the heart of Olde Naples, this single family home offers a blend of elegance, sophistication & coastal charm with timeless appeal. The meticulously designed interior features impeccable craftsmanship & finishes while the open-concept layout provides an airy ambiance filled with natural light. A blend of functionality & aesthetic beauty, the gourmet kitchen boasts top-of-the-line appliances including a Lacanche range & custom cabinetry. Equipped with retractable screens, the covered lanai with summer kitchen offers a seamless transition from indoor to outdoor living and leads to the saltwater pool & spa, enveloped by lush landscaping. Unwind in the comfort of the primary suite, a retreat that exudes tranquility with a spacious ensuite featuring a soaking tub, walk-in shower & dual vanities. Each of the additional four guest bedrooms is thoughtfully designed with its own ensuite bathroom, providing privacy & comfort. In addition, the home is equipped with Lutron lighting, Sonos, climate-controlled garage, and a ChargePoint Home Flex EV charger. A wine room, study, lounge, powder room & pool bath further enhance the functionality & ease of living.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1467.20
  • Total Floors: 2
  • Additional Rooms: Balcony, Den/Study, Home Office, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Estimated Living Area: 4771
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Dryer, Home Automation, Microwave, Pot Filler, Range, Refrigerator/Freezer, Security System, Tankless Water Heater, Washer, Wine Cooler
  • Flooring: Wood
  • Floor Plan: Great Room, Split Bedrooms, 2 Story
  • Interior Amenities: Bar, Built-In Cabinets, Coffered Ceiling, Foyer, French Doors, Laundry Tub, Pantry, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Walk-In Closet
  • Kitchen: Gas Available, Island, Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat, Metal
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Reclaimed
  • Road: Paved Road
  • View: Landscaped Area
  • Exterior Features: Built In Grill, Decorative Shutters, Outdoor Shower, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Gas, Pool Bath, Salt Water System
  • Private Spa Type: Below Ground, Heated Gas, Pool Bath, Pool Integrated

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Circle Drive

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: OLDE NAPLES
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 4
  • Section: 9
  • Total Area: 6087
  • Waterfront: No
  • Acres: 0.2200
  • Rear Exposure: West
  • Lot Description: Other
  • Lot Dimensions: 75 X 125
  • Parcel Number: 14036840000

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 14
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 57816.88
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Jun 5, 2024
Sold by
1132 7Th Street South Land Trust and Clingen Kenneth W
Bought by
Paolozzi Guy Anthony and Paolozzi Angela Kay
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
Walter Patrick
Premier Sotheby's Int'l Realty
List Price
$8,600,000
Sold Price
$7,000,000
Premium/Discount to List
-$1,600,000
-18.6%
Views
89
Current Estimated Value
$7,070,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,825
Avg. Annual Appreciation
2.58%

Purchase Details

Listed on
Mar 10, 2022
Closed on
Jul 22, 2022
Sold by
Hopewell Trust
Bought by
1132 7Th Street South Land Trust
Seller's Agent
Kristen Janson
Premiere Plus Realty Company
Buyer's Agent
Kristen Janson
Premiere Plus Realty Company
List Price
$11,200,000
Sold Price
$7,500,000
Premium/Discount to List
-$3,700,000
-33.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.62%

Purchase Details

Listed on
Feb 4, 2020
Closed on
Apr 3, 2020
Sold by
Griffin Gregory A and Griffin Kristen A
Bought by
Hayes Thomas P and Hayes Tanya L
Seller's Agent
Tony Grech
Compass Florida LLC
Buyer's Agent
Kristen Janson
Premiere Plus Realty Company
List Price
$5,290,000
Sold Price
$5,000,000
Premium/Discount to List
-$290,000
-5.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%

Purchase Details

Closed on
Oct 9, 2019
Sold by
William Janice Marshall and Scherer Kurt G
Bought by
Griffin Gregory A and Griffin Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 21, 2017
Sold by
1132 Island House Llc
Bought by
Girffin Gregory A and Girffin Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,560,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2016
Sold by
Scherer Wiliam and Scherer William C
Bought by
1132 Island House Llc

Purchase Details

Closed on
Jun 17, 2015
Sold by
Scherer William C and Scherer Riene K
Bought by
Scherer William C
Source: Public Records

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Range of Values:

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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 $7,000,000 None Listed On Document
Warranty Deed $7,500,000 New Title Company Name
Warranty Deed $5,000,000 Attorney
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $1,750,000 None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Commercial
Previous Owner $2,560,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $7,000,000 -11.9% $1,467 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $7,950,000 -7.6% $1,666 / Sq Ft
11/20/2023 11/20/23 For Sale $8,600,000 +14.7% $1,803 / Sq Ft
07/22/2022 07/22/22 Sold $7,500,000 -20.2% $1,572 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $9,400,000 -11.3% $1,970 / Sq Ft
04/12/2022 04/12/22 Price Changed $10,600,000 -5.4% $2,222 / Sq Ft
03/10/2022 03/10/22 For Sale $11,200,000 +124.0% $2,348 / Sq Ft
04/02/2020 04/02/20 Sold $5,000,000 -5.5% $1,048 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $5,290,000 -- $1,109 / 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 $57,817 $6,247,974 $3,093,750 $3,154,224
2022 $46,232 $4,290,763 $0 $0
2021 $40,027 $3,900,694 $1,573,387 $2,327,307
2020 $33,630 $3,312,845 $1,052,157 $2,260,688
2019 $36,817 $3,587,302 $1,372,140 $2,215,162
2018 $16,740 $1,629,255 $0 $0
2017 $15,261 $1,481,141 $1,481,141 $0
2016 $10,926 $633,248 $0 $0
2015 $10,144 $575,680 $0 $0
2014 $7,865 $523,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223062366

Naples Area Board of REALTORS®

APN: 14036840000