NOT LISTED FOR SALE

118 Penny Ln Unit 773 Naples, FL 34112

East Naples Neighborhood

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

2 Beds
2 Baths
1,532 Sq Ft
$702/mo HOA Fee

Last Sold July 15, 2021

Last sale price $220,000 $144 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,611/month

1 Day on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Community Pool
  • Golf Course View
  • Screened Porch
  • Tennis Courts

About This Home

As of July 2021

Beautiful golf course views from this well maintained condo. Updates in the kitchen and baths, impact windows and doors, newer roof. Eat-in Kitchen space as well as a separate dining room. Full size washer and dryer in the kitchen, with extra storage cabinets above the washer. Tile flooring in the main living area, bedrooms under carpet. Lanai is glassed in with large screen panels for fresh air. Bundled golf means No greens fees! Walk both 18-hole courses. Par 70 and Par 55. Enjoy Resort style amenities, swimming pools, pickle ball courts, tennis courts, bocce court, shuffleboard, 19th Hole Restaurant with no minimums, clubhouse & Pro-Shop. Great location that is just 3 miles to Gulf beaches and downtown Old Naples.

Last Agent to Sell the Property

Mark Simoff

Downing Frye Realty Inc. Listed on: 05/12/2021

Downing Frye Realty Inc.

Last Buyer's Agent

Kathleen Leavesley

Coffey Real Estate Agency LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $679

Year Built

  • Built in 1975

HOA Fees

  • $702 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

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

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property
  • 3 Ceiling Fans
  • Combination Dining and Living Room
  • Screened Porch
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Southwest Facing Home

Listing and Financial Details

  • Assessor Parcel Number 35140360002

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Glades Country Club Condos

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$679

Year Built

Built in 1975

Lot Details

0

HOA Fees

$702 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$166.35$13.33$1.00$R4ieJww4aodLKpIFK4qnPQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 1
  • Price Per Sq Ft: 143.60
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1532
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant

Exterior Features

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

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-774-6899
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial
  • Sub Condo Name: GLADES COUNTRY CLUB
  • Condo Fees: 702
  • Condo Fee Frequency: Monthly
  • Maintenance: Irrigation Water, Pest Control Exterior, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: With Approval
  • Development: Glades
  • Amenities: Billiards, Bocce Court, Clubhouse, Community Pool, Library, Putting Green, Shuffleboard, Streetlight, Tennis Court
  • Community Type: Golf Course, Non-Gated
  • Units In Building: 4

Fee Information

  • Application Fee: 100.00

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: 1532
  • Waterfront: No
  • Rear Exposure: Southwest
  • Lot Description: Golf Course
  • Parcel Number: 35140360002

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, Homestead, Other Exemptions
  • Taxes: 679.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2023
Sold by
Desantis Kathryn
Bought by
Shinkle Bennett W and Shinkle Charlotte R
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.
Original Mortgage
$241,500
Outstanding Balance
$237,156
Interest Rate
7.34%
Mortgage Type
New Conventional
Estimated Equity
$78,497

Purchase Details

Listed on
May 12, 2021
Closed on
Jul 15, 2021
Sold by
Corrado Grace and Corrado Richard A
Bought by
Desantis Kathryn
Seller's Agent
Mark Simoff
Downing Frye Realty Inc.
Buyer's Agent
Kathleen Leavesley
Coffey Real Estate Agency LLC
List Price
$199,900
Sold Price
$220,000
Premium/Discount to List
$20,100
10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

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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Average Value
Not Available
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
07/15/2021 07/15/21 Sold $220,000 +10.1% $144 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $199,900 -- $130 / 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

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221035242

Naples Area Board of REALTORS®

APN: 35140360002