NOT LISTED FOR SALE

Estimated Value: $5,120,000 - $5,900,000

4 Beds
6 Baths
11,548 Sq Ft
$464/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $4,130,000 $358 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $31,727/month

269 Days on Market

Highlights

  • Furnished
  • Veterans Memorial Elementary School Rated A
  • Zoned Heating and Cooling

About This Home

As of June 2018

FULL GOLF MEMBERSHIP AVAILABILITY WITH THIS RESALE! This Opulent Two Story Palatial Estate Boasts Sweeping Southern Exposure Golf Course and Sparkling Lake Views. Elegance is inspired as you step into the grand foyer where you are greeted by the climate controlled wine room with a viewing window at the base of the impressive wrought iron winding stairway Just beyond this incredible entry is an elaborate mantel surrounding the gas fireplace in the formal living room creating a fantastic focal point alongside the outdoor views through the floor to ceiling windows. The second floor master suite is a lavish retreat complete with spa inspired master bathroom and french doors in the master bedroom opening to the private veranda overlooking the panoramic sparkling lake and golf course views. Open air multi-tiered outdoor living spaces including A river rock waterfall flowing from the koi pond. The elevated spill over spa cascades over into the shimmering negative edge pool with in pool seating and sun lounging deck.

Last Agent to Sell the Property

Roy Weekly Jr

Weekly Realty Group, LLC License #NAPLES-249515060 Listed on: 09/29/2017

Co-Listed By

Pamela Weekly

Weekly Realty Group, LLC License #NAPLES-249500681

Last Buyer's Agent

Roy Weekly Jr

Weekly Realty Group, LLC License #NAPLES-249515060 Listed on: 09/29/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,394

Year Built

  • 2005

Lot Details

  • 0.72

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Tile

Interior Spaces

  • 11,548 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request

Utilities

  • Zoned Heating and Cooling

Community Details

  • $1,500 Secondary HOA Transfer Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,394

Year Built

2005

Lot Details

0

Parking

3

Listing Details

  • Legal Description: MEDITERRA PARCEL 111 LOT 11
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Additional Rooms: Balcony, Family Room, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Bedroom Description: Master BR Sitting Area, Master BR Upstairs
  • Bedrooms and Dens: 4+Den
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Generator, Gas Grill, Stand-Alone Ice Maker, Intercom, Microwave, Refrigerator, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Walk-In Cooler, Wall Oven, Washer, Water Treatment Owned, Wine Cooler
  • Flooring: Carpet, Marble
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Custom Mirrors, Fireplace, Foyer, French Doors, Laundry Tub, Pantry, Pull Down Stairs, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Gas Available, Island, Walk-In Pantry
  • Primary Bathroom: 2 Masters, Bidet, Dual Sinks, Jetted Tub, Multiple Shower Heads, Separate Tub And Shower
  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 640.51
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Courtyard, Fence, Outdoor Fireplace, Outdoor Kitchen, Patio, Pond, Water Display
  • Exterior Finish: Stucco
  • Guest House: Cabana, Patio
  • Irrigation: Reclaimed
  • Private Pool: Below Ground, Heated Gas
  • Private Spa: Below Ground, Heated Geo
  • Windows: Casement, Picture, Sliding
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: 2+ Spaces, Circle Drive

Utilities

  • Security: Monitored Alarm, Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned

Condo/Co-op/Association

  • Amenities: Basketball, Beach Club Available, Bike And Jog Path, Clubhouse, Play Area, Private Beach Pavilion, Private Membership, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Reserve, Security, Street Lights, Street Maintenance
  • Management Company Phone: 239-254-3040
  • Management: Professional
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: RAVELLO

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1
  • Pets: No Approval Needed
  • Development: Mediterra

Fee Information

  • Mandatory Club Fee: 2900
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 5620
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 1500.00

Schools

  • Elementary School: Veterans Memorial El
  • Middle School: North Naples Middle School
  • High School: Gulf Coast High School
  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Golf Course, Oversize
  • Rear Exposure: South
  • View: Golf Course, Lake
  • Waterfront: Lake
  • Lot Dimensions: 157 X 200
  • Lot Back: 157
  • Lot Frontage: 157
  • Lot Left: 200
  • Lot Right: 200
  • Lot Unit: 11
  • Section: 11
  • Total Area: 11548

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Community Development District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jun 29, 2018
Sold by
Luby Dallas W and Luby Maureen M
Bought by
Arkley Peter and Wynn Denise M
Seller's Agent
Roy Weekly Jr
Weekly Realty Group, LLC
Buyer's Agent
Roy Weekly Jr
Weekly Realty Group, LLC
List Price
$4,995,000
Sold Price
$4,130,000
Premium/Discount to List
-$865,000
-17.32%
Current Estimated Value
$5,354,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,224,718
Avg. Annual Appreciation
3.61%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Luby Dallas W and Luby Maureen M
Bought by
Mcmullen Erin A and Luby Matthew

Purchase Details

Closed on
Dec 13, 2004
Sold by
Luby Dallas W
Bought by
Luby Maureen M and Luby Dallas W

Purchase Details

Closed on
Dec 13, 2001
Sold by
Long Bay Ptnr L L C
Bought by
Luby Dallas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Arkley Peter $4,130,000 Attorney
Mcmullen Erin A -- Attorney
Mcmullen Erin A -- Attorney
Luby Maureen M $925,000 --
Luby Dallas W $925,000 --
Luby Dallas W $640,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luby Dallas W $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $4,130,000 -17.3% $358 / Sq Ft
09/29/2017 09/29/17 For Sale $4,995,000 -- $433 / 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 $44,394 $4,450,891 $1,410,000 $3,040,891
2024 $45,094 $4,249,553 $892,800 $3,356,753
2023 $45,094 $4,098,872 $0 $0
2022 $46,568 $3,726,247 $0 $0
2021 $41,047 $3,387,497 $497,622 $2,889,875
2020 $39,132 $3,175,618 $0 $0
2019 $35,269 $2,886,925 $556,166 $2,330,759
2018 $33,527 $2,737,534 $710,889 $2,026,645
2017 $29,437 $2,389,608 $0 $0
2016 $28,821 $2,340,458 $0 $0
2015 $29,043 $2,324,189 $0 $0
2014 $29,142 $2,255,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217059389

Naples Area Board of REALTORS®

APN: 59960040287