NOT LISTED FOR SALE

Estimated Value: $1,118,000 - $1,334,000

2 Beds
2 Baths
1,489 Sq Ft
$795/mo HOA Fee

Last Sold September 24, 2021

Last sale price $899,000 $604 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $8,004/month

3 Days on Market

Highlights

  • Community Boat Slip
  • Dock has access to electricity and water
  • Boat Slip
  • Lake Park Elementary School Rated A
  • Home fronts navigable water
  • Partial Gulf or Ocean Views

About This Home

As of September 2021

Located in the iconic Bay Terrace building, this beautifully remodeled residence features two bedrooms, two baths and a great room floor plan. Situated in the heart of Old Naples, this rare opportunity offers views of Naples Bay and the surrounding area. Steps from The Naples Yacht Club, Third Street South and The City Dock, this exceptional home is just a few short blocks to the stunning Naples beaches. Additional features include under-building parking, four guest suites and an on-site manager. The quarterly condominium fee cover covers utilities including water, sewer, electric, cable, AC and heat. Enjoy direct Gulf access from the private boat docks and beautiful western exposure sunsets at this must-see property.

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty Listed on: 07/30/2021

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Londa Nau

Premier Sotheby's Int'l Realty License #NAPLES-249524668

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,028

Year Built

  • Built in 1967

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • End Unit
  • West Facing Home

HOA Fees

  • $795 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor
  • Canal

Home Design

  • Mid Level
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,489 Sq Ft Home
  • 1-Story Property
  • Corner Fireplace
  • Solar Tinted Windows
  • Single Hung Windows
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Storage
  • Home Security System

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Multiple Shower Heads

Parking

  • 1 Attached Carport Space
  • 1 Parking Garage Space

Outdoor Features

  • No Fixed Bridges
  • Boat Slip
  • Dock has access to electricity and water
  • Leased Dock
  • Balcony
  • 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 02580320004

Community Details

Overview

  • 28 Units
  • Bay Terrace Condos
  • Car Wash Area

Amenities

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

Recreation

  • Community Boat Slip
  • Boating
  • Gulf Boat Access
  • Exercise Course

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,028

Year Built

Built in 1967

Lot Details

0

HOA Fees

$795 per month

Listing Details

  • Legal Description: BAY TERRACE A CONDOMINIUM UNIT 3-D
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.13095166050685$-81.79613340767865$87.07$13.33$1.00$cNLXQ4QAIharXwHXAmNdHg
  • Building Design: Mid Rise (4-7)
  • Building Description: Corner, End-Unit
  • Storm Protection: Impact Resistant Windows
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 603.76
  • Total Floors: 1
  • Additional Rooms: Balcony, Great Room, Guest Bath, Open Porch/Lanai
  • Estimated Living Area: 1489
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Microwave, Refrigerator/Freezer, Security System
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Smoke Detectors, Window Coverings
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads
  • Windows: Casement, Single Hung, Sliding, Solar Tinted

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Canal Width: 200+
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Slip, Dock Lease, Electricity Available at Dock, Water Avail at Dock
  • Irrigation: Central
  • Road: Paved Road, Private Road
  • View: Canal, City, Landscaped Area, Partial Bay
  • Exterior Features: Storage
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Navigable

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Covered, Under Bldg Open

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Entry Keypad, Entry Phone, Lobby
  • Sewer: Central
  • Water: Assessment Paid, Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: No Commercial, No Rental, No RV, No Truck
  • Sub Condo Name: BAY TERRACE
  • Condo Fees: 2385
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Security, Sewer, Trash Removal

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Bike Storage, Common Laundry, Community Boat Slip, Community Room, Exercise Room, Extra Storage, Internet Access, Library, Shopping, Underground Utility, Vehicle Wash Area
  • Community Type: Boating, Non-Gated
  • Units In Building: 28
  • Total Number of Units: 28

Fee Information

  • 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: 1689
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 02580320004

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 4028.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 24, 2021
Sold by
Burkhart Glenda K and Burkhart John W
Bought by
Mccrory Mary Elizabeth
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Londa Nau
Premier Sotheby's Int'l Realty
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,209,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,898
Avg. Annual Appreciation
7.40%
Original Mortgage
$629,300
Outstanding Balance
$571,071
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$638,827

Purchase Details

Closed on
Jan 13, 2016
Sold by
Bangs Jonathan and Bangs Beverly S
Bought by
Burkhart Glenda K and Burkhart John W

Purchase Details

Closed on
Apr 16, 2009
Sold by
Lucas Jayne C
Bought by
Bangs Jonathan and Bangs Beverly S

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
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 1996
Sold by
Mcburney Barbara B and Mcburney Charles H
Bought by
Lucas Jayne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.37%
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
Mccrory Mary Elizabeth $899,000 Accommodation
Burkhart Glenda K $765,000 Attorney
Bangs Jonathan $440,000 Sunbelt Title
Lucas Jayne C $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrory Mary Elizabeth $629,300
Previous Owner Bangs Jonathan $300,000
Previous Owner Lucas Jayne C $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2021 09/24/21 Sold $899,000 0.0% $604 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $899,000 +17.5% $604 / Sq Ft
01/13/2017 01/13/17 Sold $765,000 -3.8% $453 / Sq Ft View Prior Sale
11/15/2016 11/15/16 Pending -- -- --
10/07/2016 10/07/16 For Sale $795,000 -- $471 / 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 $9,843 $1,104,984 -- --
2024 $9,207 $1,004,531 -- --
2023 $9,207 $913,210 $0 $0
2022 $8,141 $830,191 $0 $830,191
2021 $4,129 $440,477 $0 $0
2020 $4,028 $434,395 $0 $0
2019 $3,972 $424,629 $0 $0
2018 $3,883 $416,711 $0 $0
2017 $5,941 $551,154 $0 $0
2016 $5,593 $501,049 $0 $0
2015 $4,906 $455,499 $0 $0
2014 -- $414,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221055287

Naples Area Board of REALTORS®

APN: 02580320004