NOT LISTED FOR SALE

Estimated Value: $1,287,000 - $1,513,000

2 Beds
2 Baths
1,536 Sq Ft
$927/mo HOA Fee

Last Sold March 19, 2020

Last sale price $760,000 $495 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,798/month

41 Days on Market

Highlights

  • Boat Dock
  • Wood Flooring
  • End Unit
  • Lake Park Elementary School Rated A
  • Lanai
  • Great Room

About This Home

As of March 2020

Enjoy downtown living from this extensively and beautifully renovated residence with western exposure. Overlooking the perfectly manicured grounds, the two bedrooms, two-bath condo features southern water views from its open kitchen with custom cabinetry, Miele appliances, and a Marvel wine chiller. Wood floors highlight the bright and airy spaces. A spacious laundry facility adds convenience, and hurricane impact sliders provide extra protection. Bay Terrace is located directly on Naples Bay and offers an easy walk to the City Dock, Third Street South and beach areas. Residents of Bay Terrace enjoy guest suites for extended family and friends, boat slips for annual lease, and under building parking and storage.

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty Listed on: 01/22/2020

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Chris Wells

Douglas Elliman Florida, LLC

Douglas Elliman Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,599

Year Built

  • Built in 1967

Lot Details

  • End Unit
  • West Facing Home
  • Sprinkler System

HOA Fees

  • $927 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • 1 Parking Garage Space
  • Deeded Parking

Home Design

  • Entry on the 4th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,536 Sq Ft Home
  • Electric Shutters
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Leased Dock
  • Patio
  • Lanai

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02580360006

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Boat Dock
  • Boating

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,599

Year Built

Built in 1967

Lot Details

0

HOA Fees

$927 per month

Parking

1

Listing Details

  • Legal Description: BAY TERRACE A CONDOMINIUM UNIT 4-A
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.13094786368752$-81.79615721389825$83.20$13.33$1.00$R3lBs8LM10z-ohoNloegUQ
  • Building Design: High Rise (8+)
  • Building Description: End-Unit
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 4
  • Price Per Sq Ft: 494.79
  • Total Floors: 8
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 1536
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Cooktop, Dishwasher, Disposal, Dryer, Refrigerator/Icemaker, Wall Oven, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Laundry Tub
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block, Wood Frame
  • Boat Access: Dock Lease
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Patio, Sprinkler Auto, Storage
  • Exterior Finish: Stucco

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Interview
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Deeded, No Commercial, No Rental, No RV, No Truck
  • Sub Condo Name: BAY TERRACE
  • Condo Fees: 2781.43
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Common Laundry, Community Boat Dock, Extra Storage, Guest Room, Underground Utility
  • Community Type: Boating
  • 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: 1720
  • Waterfront: No
  • Rear Exposure: West
  • Parcel Number: 02580360006

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 6599.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Hanlon John F
Bought by
Hanlon John F and Karle Deirdre W
Current Estimated Value
$1,367,224

Purchase Details

Closed on
Jun 12, 2020
Sold by
Hanlon John F and Karle Deirdre W
Bought by
Hanlon John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2017
Closed on
Dec 19, 2017
Sold by
Johnson Edward
Bought by
Gargiuiono Jeff and Gargiuiono Valerie Boyd
Seller's Agent
Christopher Braun
William Raveis Real Estate
Buyer's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.24%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Harman Elizabeth Lowrie and Harman Elizabeth L
Bought by
Harman Elizabeth L and Elizabeth L Harman Revocable Trust

Purchase Details

Closed on
Mar 1, 2015
Bought by
Elizabeth L Harman Rev Trust
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
Hanlon John F -- None Listed On Document
Hanlon John F -- Cottrell Title & Escrow
Gargiuiono Jeff $510,000 Attorney
Harman Elizabeth L -- Attorney
Elizabeth L Harman Rev Trust $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hanlon John F $530,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2020 03/19/20 Sold $760,000 -4.9% $495 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $799,000 +56.7% $520 / Sq Ft
12/19/2017 12/19/17 Sold $510,000 -7.1% $297 / Sq Ft View Prior Sale
11/17/2017 11/17/17 Pending -- -- --
08/16/2017 08/16/17 For Sale $549,000 -- $319 / 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 $7,796 $919,359 -- --
2024 $7,672 $893,449 -- --
2023 $7,672 $867,426 $0 $0
2022 $7,880 $842,161 $0 $842,161
2021 $6,915 $673,840 $0 $673,840
2020 $6,840 $673,840 $0 $673,840
2019 $6,916 $673,840 $0 $673,840
2018 $6,599 $644,120 $0 $644,120
2017 $1,855 $217,634 $0 $0
2016 $1,819 $213,158 $0 $0
2015 $1,857 $211,676 $0 $0
2014 $1,862 $159,996 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220006902

Naples Area Board of REALTORS®

APN: 02580360006