NOT LISTED FOR SALE

118 Penny Ln Unit 3 Naples, FL 34112

East Naples Neighborhood

Estimated Value: $279,000 - $359,000

2 Beds
2 Baths
1,542 Sq Ft
$855/mo HOA Fee

Last Sold November 17, 2023

Last sale price $345,000 $224 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,764/month

154 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Great Room
  • 24-Hour Guard
  • Clubhouse
  • Screened Porch

About This Home

As of November 2023

Gorgeous first floor condo nicely updated with newer kitchen, tile floors in living area and vinyl plank flooring in bedrooms, both bathrooms have been tastefully remodeled. Nice size lanai opens onto a bonus patio and gorgeous view of the 12th fairway of the Pines Golf Course. Owners enjoy unlimited play on two Golf Courses, The Pines a par 70 golf course and The Palmetto a par 55 golf course. Both have been recently renovated with new irrigation and redesigned by Gordon Lewis. Regrassed with paspalum grass and sustainable Florida landscaping. Other amenities include 9 swimming pools, pickelball, tennis, 19th Hole Restaurant, Clubhouse with numerous activities in season. All of this is just 10 minutes from downtown Naples 5th Ave fine dining restaurants and boutique shops. And of course Naples fine sandy beaches! True paradise! Pack your bags and move right in!

Last Agent to Sell the Property

Kathleen Leavesley

Coffey Real Estate Agency LLC Listed on: 04/19/2023

Last Buyer's Agent

Robin Williams

Coffey Real Estate Agency LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1975

HOA Fees

  • $855 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Golf Course Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Shadowlawn Elementary School
  • East Naples Middle School
  • Lely High School

Utilities

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

Additional Features

  • Patio
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 35140360002

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Glades Country Club Condos
  • Glades Community
  • Car Wash Area

Amenities

  • Restaurant
  • Clubhouse
  • Community Library
  • Laundry Facilities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Putting Green

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • 24-Hour Guard
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,245

Year Built

Built in 1975

Lot Details

0

HOA Fees

$855 per month

Listing Details

  • Legal Description: GLADES C C APTS #5,THE (CONDO) APT 773 DN
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.131304$-81.75953$172.14$13.33$1.00$7VcusPdPVv5uOIY8-PFBsw
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1975
  • Property Information: Gorgeous first floor condo nicely updated with newer kitchen, tile floors in living area and vinyl plank flooring in bedrooms, both bathrooms have been tastefully remodeled. Nice size lanai opens onto a bonus patio and gorgeous view of the 12th fairway of the Pines Golf Course. Owners enjoy unlimited play on two Golf Courses, The Pines a par 70 golf course and The Palmetto a par 55 golf course. Both have been recently renovated with new irrigation and redesigned by Gordon Lewis. Regrassed with paspalum grass and sustainable Florida landscaping. Other amenities include 9 swimming pools, pickelball, tennis, 19th Hole Restaurant, Clubhouse with numerous activities in season. All of this is just 10 minutes from downtown Naples 5th Ave fine dining restaurants and boutique shops. And of course Naples fine sandy beaches! True paradise! Pack your bags and move right in!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 223.74
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 1542
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Tile, Vinyl
  • Floor Plan: Great Room
  • Interior Amenities: Foyer
  • Primary Bathroom: Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Shingle
  • Construction: Concrete Block
  • Irrigation: Central, Reclaimed
  • Road: County Maintained
  • View: Golf Course
  • Exterior Features: Patio
  • Exterior Finish: Stucco

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-774-6899
  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: GLADES COUNTRY CLUB
  • Condo Fees: 855
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Golf Course, Insurance, Internet/WiFi Access, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Sewer, Trash Removal, Water
  • Development Name: GLADES

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Glades
  • Amenities: Bocce Court, Clubhouse, Community Pool, Golf Course, Internet Access, Library, Pickleball, Putting Green, Racquet Ball, Restaurant, Shuffleboard, Tennis Court, Vehicle Wash Area
  • Community Type: Golf Course
  • Units In Building: 4
  • Total Number of Units: 1253

Fee Information

  • Application Fee: 150.00

Schools

  • Elementary School: SHADOWLAWN ELEMENTARY SCHOOL
  • Middle School: EAST NAPLES MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Shadowlawn Elementary School
  • High School: Lely High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 773
  • Section: 12
  • Total Area: 1642
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Golf Course
  • Parcel Number: 35140360002

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 2245.10
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Nov 17, 2023
Sold by
Desantis Kathryn
Bought by
Shinkle Bennett W and Shinkle Charlotte R
Seller's Agent
Kathleen Leavesley
Coffey Real Estate Agency LLC
Buyer's Agent
Robin Williams
Coffey Real Estate Agency LLC
List Price
$389,900
Sold Price
$345,000
Premium/Discount to List
-$44,900
-11.52%
Views
302
Current Estimated Value
$315,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,347
Avg. Annual Appreciation
-4.55%
Original Mortgage
$241,500
Outstanding Balance
$237,156
Interest Rate
7.34%
Mortgage Type
New Conventional
Estimated Equity
$78,497

Purchase Details

Closed on
Jul 15, 2021
Sold by
Corrado Grace and Corrado Richard A
Bought by
Desantis Kathryn

Purchase Details

Closed on
Jan 15, 2004
Sold by
Mccoy Robert D
Bought by
Corrado Richard A and Corrado Grace

Purchase Details

Closed on
Jun 11, 1997
Sold by
Mccoy Karen Lee
Bought by
Mccoy Robert D and Mccoy Karen Lee
Source: Public Records

Range of Values:

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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
Shinkle Bennett W $345,000 Naples Title
Shinkle Bennett W $345,000 Naples Title
Desantis Kathryn $220,000 Naples Title Inc
Desantis Kathryn $220,000 Naples Title
Corrado Richard A $130,000 --
Mccoy Robert D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shinkle Bennett W $241,500
Closed Shinkle Bennett W $241,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $345,000 -11.5% $224 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $389,900 -- $253 / 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
2025 $2,829 $267,514 -- $267,514
2024 $2,493 $278,100 -- $278,100
2023 $2,493 $222,917 $0 $0
2022 $2,245 $202,652 $0 $202,652
2021 $690 $120,326 $0 $0
2020 $679 $118,665 $0 $0
2019 $655 $115,997 $0 $0
2018 $0 $113,834 $0 $0
2017 $609 $111,493 $0 $0
2016 $822 $109,200 $0 $0
2015 $830 $108,441 $0 $0
2014 $830 $57,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kathleen Leavesley

    Coffey Real Estate Agency LLC

    (239) 272-1938

    129 in this area

    132 Total Sales

    Kathleen Leavesley
    Section Image

  • R

    Buyer's Agent in 2023

    Robin Williams

    Coffey Real Estate Agency LLC

    (609) 929-8407

    27 in this area

    28 Total Sales

    Robin Williams
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223029840

Naples Area Board of REALTORS®

APN: 35140360002

Florida Collier County Naples 34112 East Naples

118 Penny Ln Unit 3, Naples, FL

This home is located at 118 Penny Ln Unit 3, Naples, FL 34112 since 19 April 2023 and is currently estimated at $315,653, approximately $204 per square foot. This property was built in 1975. 118 Penny Ln Unit 3 is a home located in Collier County with nearby schools including Shadowlawn Elementary School, East Naples Middle School, and Lely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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