NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,425,000

2 Beds
2.5 Baths
1,530 Sq Ft
$965/mo HOA Fee

Last Sold May 05, 2021

Last sale price $705,000 $461 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,426/month

129 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • End Unit
  • Lake Park Elementary School Rated A
  • Lanai
  • Great Room

About This Home

As of May 2021

You will love this charming CORNER LOCK AND GO cottage. featuring 2 bedrooms, 2 1/2 bath, 1 car garage & storage room. ALL electric, A/C, heat, water, sewer, cable and on-site manager are INCLUDED IN THE QUARTERLY FEES. Located on Naples Bay, you will enjoy direct gulf access from the private boat docks which lead to waterfront dining & shopping. A quick walk or bicycle ride to the best dining, shops, and amenities along 3rd and Fifth Ave South, City Docks and our beautiful sandy beaches. The light and bright floor plan design is perfect for entertaining. Conveniently located on the ground floor for easy access to and from your unit. The newly updated kitchen offers gorgeous granite counter tops, double oven, new refrigerator, beverage cooler and an abundance of cabinet & counter top space. Simply by opening the double glass sliders, you enter the open air terrace where will enjoy Western sunsets, a glass of wine and the beautiful manicured grounds. You will appreciate the spacious bedrooms and full bath. The powder bath is an additional feature along with the guest suites for your extended family and friends. 1 of 2 units the offer a garage, powder bath & AVAILABLE NOW.

Last Agent to Sell the Property

Mary Wiggins

Premiere Plus Realty Company Listed on: 11/18/2020

Premiere Plus Realty Company

Last Buyer's Agent

Katherine Lewis

Douglas Elliman Florida, LLC

Douglas Elliman Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,838

Year Built

  • Built in 1967

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • End Unit
  • Southwest Facing Home
  • Sprinkler System

HOA Fees

  • $965 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Parking Garage Space

Home Design

  • Entry on the 2nd floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Poured Concrete
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Ceiling Fan
  • Corner Fireplace
  • Electric Shutters
  • Double Hung Windows
  • Sliding Windows
  • Great Room
  • Open Floorplan
  • Home Gym

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • No Fixed Bridges
  • Dock has access to electricity and water
  • Leased Dock
  • Patio
  • Lanai

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02580040009

Community Details

Overview

  • $100 Secondary HOA Transfer Fee
  • 28 Units
  • High-Rise Condominium
  • Bay Terrace Condos

Amenities

  • Laundry Facilities
  • Elevator
  • Lobby
  • Bike Room
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Boat Slip
  • Boating
  • Gulf Boat Access
  • Exercise Course
  • Bike Trail

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,838

Year Built

Built in 1967

Lot Details

0

HOA Fees

$965 per month

Parking

1

Listing Details

  • Legal Description: BAY TERRACE A CONDOMINIUM UNIT 2-A
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.13099442229276$-81.79613856127322$85.86$13.33$1.00$CWE4ZLtBVDPi0Joj3FMnnA
  • Building Design: High Rise (8+)
  • Building Description: Corner, End-Unit
  • Storm Protection: Electric Shutters
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 460.78
  • Total Floors: 1
  • Additional Rooms: Exercise, Great Room, Guest Bath, Guest Room, Open Porch/Lanai
  • Estimated Living Area: 1530
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining, Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Double Oven, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Smoke Detector
  • Flooring: Carpet, Parquet
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Custom Mirrors, Foyer, High Speed Available, Smoke Detectors, Window Coverings
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Double Hung, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block, Poured Concrete
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Lease, Electricity Available at Dock, Water Avail at Dock
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Patio, Sprinkler Auto
  • Exterior Finish: Stone, Stucco
  • Waterfront Type: Bay, Navigable

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Guest, Under Bldg Open

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer, Interview
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No Rental, No RV
  • Sub Condo Name: BAY TERRACE
  • Condo Fees: 2895
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Bike And Jog Path, Bike Storage, Common Laundry, Community Boat Dock, Community Boat Slip, Exercise Room, Extra Storage, Guest Room, Internet Access, Sidewalk, Streetlight, Underground Utility
  • Community Type: Boating, Non-Gated
  • Units In Building: 28
  • Total Number of Units: 28

Fee Information

  • Transfer Fees: 100.00
  • Application Fee: 175.00

Schools

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

Lot Info

  • Builder Product: No
  • Section: 10
  • Total Area: 1730
  • Waterfront: Yes
  • Rear Exposure: Southwest
  • Parcel Number: 02580040009

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 3838.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2023
Sold by
Amish Realty Trust
Bought by
Simon Steven E and Simon Helene E
Current Estimated Value
$1,259,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$485,919
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$773,441

Purchase Details

Closed on
Dec 19, 2004
Sold by
Audrey A Mertz Qualified Personal Reside
Bought by
Mertz Mark and Mertz Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Simon Steven E -- None Listed On Document
Simon Steven E -- None Listed On Document
Mertz Mark -- None Available
Mertz Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Steven E $500,000
Closed Simon Steven E $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $705,000 -6.0% $461 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $749,900 -6.3% $490 / Sq Ft
11/18/2020 11/18/20 For Sale $799,900 -- $523 / 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 $9,722 $1,089,052 -- --
2024 $9,090 $990,047 -- --
2023 $9,090 $900,043 $0 $0
2022 $8,024 $818,221 $0 $818,221
2021 $3,990 $427,425 $0 $0
2020 $3,892 $421,524 $0 $0
2019 $3,838 $412,047 $0 $0
2018 $3,751 $404,364 $0 $0
2017 $3,688 $396,047 $0 $0
2016 $3,622 $387,901 $0 $0
2015 $3,697 $385,205 $0 $0
2014 $3,709 $331,648 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220072310

Naples Area Board of REALTORS®

APN: 02580040009