NOT LISTED FOR SALE

Estimated Value: $940,000 - $1,438,000

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

Last Sold January 15, 2021

Last sale price $840,000 $549 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,773/month

61 Days on Market

Highlights

  • Dock has access to electricity and water
  • Boating
  • Wood Flooring
  • Lake Park Elementary School Rated A
  • Property Fronts a Bay or Harbor
  • Great Room

About This Home

As of January 2021

LOCATION! LOCATION! You should always buy location and Bay Terrace definitely has it. This stately Olde Naples building sits directly on Naples Bay next to the Naples Yacht Club. An easy walk to the City Dock, Third Street Shopping and Naples best beach area. Built solidly of concrete block, it compares very favorably with new construction. The great room floor plan with sliders to the open balcony and large windows create a light and bright atmosphere. This completely renovated 6th floor unit has all the latest updates to allow for enjoyable living and has great views to capture Naples' beautiful sunsets and surrounds. There are 4 guest apartments in the building available for friends and relatives and BOAT SLIPS are available for annual lease. There is secure under building parking, an on-site maintenance manager and all electric, A/C, heat, water, sewer and cable are included in the quarterly condo fee.

Last Agent to Sell the Property

Larry Bresnahan Jr

INACTIVE AGENT ACCT License #NAPLES-249501004 Listed on: 10/08/2020

Last Buyer's Agent

Ruth Stoots

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,121

Year Built

  • Built in 1967

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $965 Monthly HOA Fees

Parking

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

Home Design

  • Entry on the 6th floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Poured Concrete
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

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

Schools

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

Utilities

  • Central Air
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02580800003

Community Details

Overview

  • 28 Units
  • High-Rise Condominium
  • Bay Terrace Condos
  • Car Wash Area

Amenities

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

Recreation

  • Boating
  • Gulf Boat Access
  • Exercise Course

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,121

Year Built

Built in 1967

Lot Details

0

HOA Fees

$965 per month

Parking

1

Listing Details

  • Legal Description: BAY TERRACE A CONDOMINIUM UNIT 6-D
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.13097017458146$-81.79617966826243$84.64$13.33$1.00$FzEzK5lEAs7tRomzAwaMZQ
  • Building Design: High Rise (8+)
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 6
  • Price Per Sq Ft: 549.02
  • Total Floors: 1
  • Additional Rooms: Balcony, Laundry in Residence
  • Estimated Living Area: 1530
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Smoke Detector, Wall Oven, Washer
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Foyer, Smoke Detectors, Window Coverings
  • Kitchen: Built-In Desk
  • Primary Bathroom: Combo Tub And Shower, Dual Sinks
  • Windows: Casement

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
  • Road: Paved Road, Public Road
  • View: Landscaped Area
  • Exterior Finish: Stone, Stucco
  • Waterfront Type: Bay

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Gas - Natural
  • Security: Entry Card, Entry Phone
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer, Interview
  • Management: Professional
  • Mandatory HOA: No
  • 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, Pest Control Interior, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Bike Storage, Common Laundry, Exercise Room, Extra Storage, Guest Room, 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: 1730
  • Waterfront: Yes
  • Rear Exposure: West
  • Parcel Number: 02580800003

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 7121.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Jan 14, 2021
Sold by
Healy David A and Healy Carolyn B
Bought by
Dutra John A and Dutra Sandra A
Seller's Agent
Larry Bresnahan Jr
INACTIVE AGENT ACCT
Buyer's Agent
Ruth Stoots
Premiere Plus Realty Company
List Price
$865,000
Sold Price
$840,000
Premium/Discount to List
-$25,000
-2.89%
Current Estimated Value
$1,238,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,648
Avg. Annual Appreciation
8.34%
Original Mortgage
$600,000
Outstanding Balance
$535,502
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$703,146

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 19, 2017
Sold by
Velechko Vitale and Velechko Carolyn
Bought by
Haley David A
Seller's Agent
Cliff Donenfeld
Realty One Group MVP
Buyer's Agent
N L Dietrich
Luxury Relocation Services Inc
List Price
$850,000
Sold Price
$812,000
Premium/Discount to List
-$38,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.91%
Original Mortgage
$500,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 20, 2012
Sold by
Hagedorn Ralph and Hagedorn Betty
Bought by
Velechko Vitale and Velechko Carolyn

Purchase Details

Closed on
Jul 7, 2004
Sold by
Davis Elizabeth M and Snyder Suzanne M
Bought by
Hagedorn Ralph and Hagedorn Betty
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
Dutra John A $840,000 Accommodation
Haley David A $790,000 South Florida Trust & Title
Velechko Vitale $587,000 Lutgert Title Llc
Hagedorn Ralph $490,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutra John A $600,000
Previous Owner Haley David A $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $840,000 -2.9% $549 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $865,000 +6.5% $565 / Sq Ft
04/25/2017 04/25/17 Sold $812,000 -4.5% $469 / Sq Ft View Prior Sale
02/27/2017 02/27/17 Pending -- -- --
02/02/2017 02/02/17 For Sale $850,000 -- $491 / 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 $3,193 $399,661 -- --
2024 $3,134 $388,397 -- --
2023 $3,134 $377,084 $0 $0
2022 $3,211 $366,101 $0 $0
2021 $7,120 $693,840 $0 $693,840
2020 $7,044 $693,840 $0 $693,840
2019 $7,121 $693,840 $0 $693,840
2018 $6,803 $664,120 $0 $664,120
2017 $6,168 $571,119 $0 $0
2016 $5,796 $519,199 $0 $0
2015 $5,090 $471,999 $0 $0
2014 $4,619 $429,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220056573

Naples Area Board of REALTORS®

APN: 02580800003