NOT LISTED FOR SALE

Estimated Value: $793,000 - $885,000

3 Beds
2.5 Baths
2,480 Sq Ft
$1,432/mo HOA Fee

Last Sold February 28, 2023

Last sale price $875,000 $353 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,419/month

53 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • Fitness Center
  • Tommie Barfield Elementary School Rated A
  • On Golf Course
  • Gated with Attendant

About This Home

As of February 2023

Magnificent, luxurious residence boasts expansive views of the 18th hole of the J.W. Marriott renowned golf course and glistening waterways. This upscale residence has a private secured elevator a private foyer, 2 terraces, 3 bedrooms, 2 & a 1/2 baths, & the most beautiful appointments throughout. Enjoy the desirable open concept floor-plan with tile flooring throughout the main living space. The kitchen is sure to delight with granite countertops, stainless steel appliances, & raised panel cabinets. The master suite is a private retreat with spectacular views, access to the terrace, a walk-in closet, walk-in shower, and separate vanities. The terraces are the perfect place to sit back and relax while taking in the exceptional views. A stone’s throw to the Borghese pool and the on-site Tiki bar.
Located in the prestigious gated community of Hammock Bay. Only 1.5 miles from the private airport and nestled between Marco Island and Downtown Naples.

Last Agent to Sell the Property

Bonnie Zaikov

Re/Max Alliance Group License #249512532 Listed on: 01/06/2023

Re/Max Alliance Group

Last Buyer's Agent

Christopher Herber

Premiere Plus Realty Company License #492000416

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,053

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • On Golf Course
  • Cul-De-Sac
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $1,432 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Driveway
  • Guest Parking

Property Views

  • Lake
  • Golf Course

Home Design

  • Coach House
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Tinted Windows
  • Display Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage

Schools

  • Tommie Barfield Elementary School

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 301 / 5
  • Assessor Parcel Number 24670000306

Community Details

Overview

  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, reserve fund, road maintenance, street lights
  • 75 Units
  • Association Phone (239) 389-3600
  • Low-Rise Condominium
  • Borghese Villas Subdivision

Amenities

  • Restaurant
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Phone Entry
  • Secure Elevator
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,053

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,432 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: BORGHESE VILLAS
  • Architectural Style: Coach/Carriage, See Remarks, Low Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Structure Type: Low Rise
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: PetsLimitOther:1
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Ice Maker, Microwave, Range, Refrigerator, RefrigeratorWithIce Maker, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Cathedral Ceiling(s), Coffered Ceiling(s), Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), High Ceilings, Kitchen Island, Living/Dining Room, Pantry, See Remarks, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments, High Speed Internet, Split Bedrooms
  • Living Area: 2480.0
  • Dining Room Type: Bathroom, Family Room, Screened Porch
  • Stories: 1
  • Window Features: Other, Display Window(s), Sliding, Tinted Windows, Impact Glass, Window Coverings

Exterior Features

  • Lot Features: On Golf Course, Zero Lot Line, Cul-De-Sac
  • Pool Features: Community
  • Pool Private: No
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Across the Road Water Frontage
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Patio, Storage
  • Patio And Porch Features: Balcony, Lanai, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Underground, Garage, Guest, Paved, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security Gate, Gated with Guard, Gated Community, Phone Entry, Security System, Elevator Secured, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Gated, Tennis Court(s), Street Lights
  • Amenities: Beach Rights, Beach Access, Clubhouse, Fitness Center, Golf Course, Pool, Restaurant, Spa/Hot Tub, See Remarks, Storage, Sidewalks, Tennis Court(s), Management
  • Association Fee: 4297.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-389-3600
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Road Maintenance, Street Lights, See Remarks

Schools

  • Elementary School: TOMMIE BARFIELD ELEMENTARY SCHOOL

Lot Info

  • Parcel #: 24670000306

Multi Family

  • Number Of Units In Community: 75

Tax Info

  • Tax Annual Amount: 4053.2
  • Tax Block: 5
  • Tax Lot: 301
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 28, 2023
Sold by
Regina M Day Trust
Bought by
Elam Harry B and Elam Della
Seller's Agent
Bonnie Zaikov
Re/Max Alliance Group
Buyer's Agent
Christopher Herber
Premiere Plus Realty Company
List Price
$900,000
Sold Price
$875,000
Premium/Discount to List
-$25,000
-2.78%
Views
13
Current Estimated Value
$851,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,829
Avg. Annual Appreciation
-0.64%
Original Mortgage
$656,250
Outstanding Balance
$632,208
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$229,241

Purchase Details

Closed on
Feb 26, 2020
Sold by
Mccormick Martha Jane
Bought by
Day Regina M and Regina M Day Trust

Purchase Details

Closed on
Jun 5, 2012
Sold by
Fairbanks Kenneth L and Fairbanks Janet
Bought by
Mccormick Kevin James and Mccormick Martha Jane

Purchase Details

Closed on
Feb 24, 2005
Sold by
Woodward Mark J
Bought by
Fairbanks Kenneth L and Fairbanks Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Elam Harry B $875,000 --
Day Regina M $465,000 Naples Title Inc
Mccormick Kevin James $365,000 Sunbelt Title Agency
Fairbanks Kenneth L $550,000 First Title & Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elam Harry B $656,250
Previous Owner Fairbanks Kenneth L $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $875,000 -2.8% $353 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $900,000 -- $363 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,921 $400,659 $0 $0
2022 $4,053 $388,989 $0 $0
2021 $4,084 $377,659 $0 $0
2020 $4,519 $419,450 $0 $419,450
2019 $4,751 $437,397 $0 $0
2018 $4,652 $429,241 $0 $0
2017 $4,581 $420,412 $0 $0
2016 $4,664 $411,765 $0 $0
2015 $4,622 $355,488 $0 $0
2014 $4,157 $323,171 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223001195

Florida Gulf Coast Multiple Listing Service

APN: 24670000306