NOT LISTED FOR SALE

1491 Chesapeake Ave Unit 4 Naples, FL 34102

Royal Harbor Neighborhood

Estimated Value: $529,000 - $631,000

2 Beds
2 Baths
1,440 Sq Ft
1982 Built

Sale Details

Date Sold: February 17, 2021

Last sale price $400,000 $278 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,262 / mo

174 Days on Market

Highlights

  • Community Boat Dock
  • Home fronts a canal
  • Community Pool
  • Lake Park Elementary School Rated A
  • End Unit
  • Concrete Block With Brick

About This Home

As of February 2021

Boaters Dream! Beautifully remodeled condo with easy bay and gulf access. Excellent views of the canal from the lanai and living area. This is a very quiet condominium with only four units. Great large pool and lounge area. This unit is a must see with a modern Coastal look. The stylish new baths are sure to impress along with the kitchen and flooring. Boat dock included. New roof in 2020.

Last Agent to Sell the Property

Jason Olson

Berkshire Hathaway FL Realty Listed on: 07/14/2020

Berkshire Hathaway FL Realty

Co-Listed By

Heidi White

Century 21 AllPoints Realty

Last Buyer's Agent

Jay Reis

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1982

Lot Details

  • Home fronts a canal
  • End Unit
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $735 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Garage Spaces
  • Deeded Parking

Outdoor Features

  • No Fixed Bridges
  • Dock Available

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12580160005

Community Details

Overview

  • 4 Units
  • Low-Rise Community
  • May Lee Apartments Condos
  • Mandatory home owners association

Recreation

  • Community Boat Dock
  • Community Boat Slip
  • Boating
  • Gulf Boat Access
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,823

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$735 per month

Listing Details

  • Legal Description: MAY-LEE APARTMENTS (CONDO) UNIT 4
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.132508$-81.78515199999998$31.17$13.33$1.00$7ZHFDCBuEufbVd_kr_l1lQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, End-Unit
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 277.78
  • Total Floors: 2
  • Estimated Living Area: 1440
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Carpet, Vinyl
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Smoke Detectors, Window Coverings
  • Primary Bathroom: Dual Sinks
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Canal Width: Canal Width 31-80
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Dock Included
  • Irrigation: Central
  • Road: Paved Road
  • View: Canal
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Canal

Garage/Parking

  • Parking: 2 Assigned

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MAY LEE APARTMENTS
  • Condo Fees: 2205
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Oyster Bay
  • Amenities: Community Boat Dock, Community Boat Slip, Community Pool
  • Community Type: Boating, Non-Gated
  • Units In Building: 4
  • Total Number of Units: 4

Fee Information

  • Application Fee: 100.00

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: 1540
  • Waterfront: Yes
  • Rear Exposure: North
  • Parcel Number: 12580160005

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 2823.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Feb 17, 2021
Sold by
Kindl Janet
Bought by
Evans Mary Elizabeth and Hutton Robert J
Seller's Agent
Jason Olson
Berkshire Hathaway FL Realty
Buyer's Agent
Jay Reis
Premiere Plus Realty Company
List Price
$414,900
Sold Price
$400,000
Premium/Discount to List
-$14,900
-3.59%
Current Estimated Value
$592,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,331
Avg. Annual Appreciation
7.89%
Original Mortgage
$280,000
Outstanding Balance
$250,429
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$341,902

Purchase Details

Listed on
Jan 25, 2019
Closed on
Jun 27, 2019
Sold by
Schutt Jamie D and Schutt Shane
Bought by
Kindl Janet
Seller's Agent
Mitch Norgart
William Raveis Real Estate
Buyer's Agent
Jason Olson
Berkshire Hathaway FL Realty
List Price
$459,000
Sold Price
$320,000
Premium/Discount to List
-$139,000
-30.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%
Original Mortgage
$288,000
Interest Rate
15%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 15, 2017
Sold by
Lynch Sally L
Bought by
Schutt Jamie D and Schutt Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Evans Mary Elizabeth $400,000 Attorney
Kindl Janet $320,000 Florida Ttl & Guarantee Agcy
Schutt Jamie D $300,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Mary Elizabeth $280,000
Previous Owner Kindl Janet $288,000
Previous Owner Schutt Jamie D $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2021 02/17/21 Sold $400,000 -3.6% $278 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
09/22/2020 09/22/20 Price Changed $414,900 0.0% $288 / Sq Ft
09/22/2020 09/22/20 For Sale $414,900 +4.0% $288 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $399,000 +24.7% $277 / Sq Ft
06/27/2019 06/27/19 Sold $320,000 -7.2% $222 / Sq Ft View Prior Sale
06/07/2019 06/07/19 Pending -- -- --
06/02/2019 06/02/19 Price Changed $345,000 -3.9% $240 / Sq Ft
05/12/2019 05/12/19 Price Changed $359,000 -4.2% $249 / Sq Ft
05/01/2019 05/01/19 Price Changed $374,900 -2.6% $260 / Sq Ft
04/12/2019 04/12/19 Price Changed $384,900 -2.6% $267 / Sq Ft
03/26/2019 03/26/19 Price Changed $395,000 -3.4% $274 / Sq Ft
03/11/2019 03/11/19 Price Changed $409,000 -4.7% $284 / Sq Ft
03/01/2019 03/01/19 Price Changed $429,000 -4.5% $298 / Sq Ft
02/14/2019 02/14/19 Price Changed $449,000 -2.2% $312 / Sq Ft
01/25/2019 01/25/19 For Sale $459,000 -- $319 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $4,894 $509,000 -- $509,000
2024 $4,817 $509,000 -- $509,000
2023 $4,817 $482,028 $0 $0
2022 $4,516 $438,207 $0 $438,207
2021 $3,153 $293,000 $0 $293,000
2020 $3,044 $285,800 $0 $285,800
2019 $2,487 $269,220 $0 $0
2018 $2,428 $264,200 $0 $264,200
2017 $2,823 $261,320 $0 $261,320
2016 $2,709 $249,800 $0 $0
2015 $2,597 $232,980 $0 $0
2014 $2,386 $211,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220043909

Naples Area Board of REALTORS®

APN: 12580160005

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