NOT LISTED FOR SALE

Estimated Value: $3,222,000 - $4,471,103

0.25 Acre
$15,272,104 Price per Acre
10,890 Sq Ft Lot

Last Sold January 17, 2018

Last sale price $325,000

Est. 1,075% increase in value since last sale

Current estimated payment $22,394/month

133 Days on Market

About This Lot

As of January 2018

Build your dream home on this cleared and filled homesite with southern exposure and start living the true Florida Lifestyle. There are only a few remaining home sites so take advantage of this special opportunity before it is too late! Hemingway Place is a gated luxury community situated in the heart of Naples with a natural setting reminiscent of Old Naples. Single family homes with distinctive architectural styles grace the end of brick paved driveways with lushly landscaped lawns. A beautiful community with a park, preserve and sidewalks, creating an oasis within the heart of Naples. Precisely located close to shopping, Naples beaches, fine dining and everything Naples has to offer. Hemingway Place has the best school districts in Naples.

Last Agent to Sell the Property

Mark Borelli

West Shore Properties RE,MNGT License #NAPLES-249516870 Listed on: 08/01/2017

Last Buyer's Agent

Mark Borelli

West Shore Properties RE,MNGT License #NAPLES-249516870 Listed on: 08/01/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,514

Lot Details

  • 0.25 Acre Lot
  • South Facing Home

HOA Fees

  • $363 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Sewer Assessments
  • Cable TV Available

Community Details

Overview

  • Hemingway Place Condos
  • Mandatory home owners association

Amenities

  • Door to Door Trash Pickup

Property Details

Property Type

Land

Est. Annual Taxes

$1,514

Lot Details

0

HOA Fees

$363 per month

Listing Details

  • Legal Description: HEMINGWAY PLACE LOT 18
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.19072320169082$-81.79407397311508$357.91$13.33$1.00$IfpJlceq5DrDQlc7GXKuYQ
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Irrigation: Central
  • Road: Private Road
  • View: Landscaped Area

Utilities

  • Utilities Available: Cable, Electric, Phone Line, Sewer, Trash Removal, Underground Wiring, Water
  • Sewer: Assessment Unpaid
  • Water: Assessment Unpaid

Condo/Co-op/Association

  • Approval: Application Fee
  • Restrictions: Architectural
  • Sub Condo Name: HEMINGWAY PLACE
  • HOA Description: Mandatory
  • HOA Fees: 1089.00
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Manager

Association/Amenities

  • Development: Hemingway Place
  • Community Type: Gated

Lot Info

  • Lot Back: 84
  • Lot Frontage: 84
  • Lot Left: 136
  • Lot Right: 136
  • Lot Unit: 19
  • Price Per Acre: 1300000.00
  • Section: 22
  • Acres: 0.2500
  • Land Improvements: Build To Suit
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Rear Exposure: S
  • Usage: Single Family

Tax Info

  • Taxes: 1514.23
  • Tax Year: 2015
  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2021
Sold by
Bruce David J
Bought by
Lauter Robert and Lauter Sherry L
Total Days on Market
133
Current Estimated Value
$3,818,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,012,500
Outstanding Balance
$1,881,880
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$869,620

Purchase Details

Closed on
Jul 16, 2021
Sold by
Hemingway Place 19 Llc
Bought by
Bruce David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,012,500
Outstanding Balance
$1,881,880
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$869,620

Purchase Details

Listed on
Aug 1, 2017
Closed on
Jan 17, 2018
Sold by
Lot19 Hemingway Llc
Bought by
Hemingway Place 19 Llc
Seller's Agent
Mark Borelli
West Shore Properties RE,MNGT
Buyer's Agent
Mark Borelli
West Shore Properties RE,MNGT
List Price
$399,900
Sold Price
$325,000
Premium/Discount to List
-$74,900
-18.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.57%

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jan 27, 2016
Sold by
Morgan Murphy Llc
Bought by
Lot19hemingway Llc
Seller's Agent
Lisa Tomasi
Downing Frye Realty Inc.
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%
Original Mortgage
$232,500
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 26, 2013
Sold by
Henderson James L and Henderson Kerrie L
Bought by
Morgan Murphy Llc

Purchase Details

Closed on
Sep 15, 2011
Sold by
Wood Douglas A and Wood Michelle S
Bought by
Henderson James L and Henderson Kerrie L

Purchase Details

Closed on
Mar 18, 2011
Sold by
Academy Investments Llc and Basik Jeffrey P
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 22, 2005
Sold by
American Funding & Service Corp
Bought by
Academy Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.54%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Lauter Robert $895,000 Cottrell Title And Escrow
Bruce David J -- Attorney
Bruce David J -- Attorney
Hemingway Place 19 Llc $325,000 Attorney
Lot19hemingway Llc $310,000 Attorney
Morgan Murphy Llc $149,000 Attorney
Henderson James L $80,000 Attorney
Wood Douglas A $175,000 Century Title Closing & Escr
Wells Fargo Bank National Association $1,000 None Available
Academy Investments Llc $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauter Robert $2,012,500
Previous Owner Lot19hemingway Llc $232,500
Previous Owner Academy Investments Llc $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $325,000 -13.3% --
12/12/2017 12/12/17 Pending -- -- --
12/02/2017 12/02/17 Price Changed $374,900 -6.3% --
08/01/2017 08/01/17 For Sale $399,900 +29.0% --
01/27/2016 01/27/16 Sold $310,000 -11.2% --
01/11/2016 01/11/16 Pending -- -- --
04/15/2015 04/15/15 For Sale $349,000 -- --
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
2023 $7,190 $716,285 $0 $0
2022 $6,813 $651,168 $651,168 $0
2021 $2,744 $251,328 $251,328 $0
2020 $3,364 $311,270 $311,270 $0
2019 $3,390 $311,270 $311,270 $0
2018 $3,384 $311,270 $311,270 $0
2017 $3,412 $311,270 $311,270 $0
2016 $2,160 $156,119 $0 $0
2015 $1,674 $141,926 $0 $0
2014 $1,451 $129,024 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217049399

Naples Area Board of REALTORS®

APN: 49520000509