NOT LISTED FOR SALE

Estimated Value: $6,370,007 - $7,600,000

6 Beds
9 Baths
20,785 Sq Ft
$331/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $4,100,000 $197 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $41,979/month

354 Days on Market

About This Home

As of February 2017

Bank owned Incredible opportunity! Ultimate grandeur awaits in this magnificent estate home in Mediterra.The front of the home is spectacular, and features multiple fountains and a travertine walkway across a pond to reach the imposing front doors. Indescribable opulence, from the travertine mosaics stretching up 20ft to the ceilings of the entry ways, to the marble/copper inlays in the travertine floors.
Nothing has been overlooked in this 6br home.Semi precious stone countertops, crystal sinks, a giant kitchen, butlers pantry, and a wine room! A home theatre with lobby area/concession stand and a billiards/party room for entertainment. Separate upstairs suites on either side of the home, perfect as in-law suites, maids quarters, or just more space for the extended family.Each have separate living areas with kitchenettes and washers/dryers. The bath features his (multi spray) and hers(steam) showers, a soaking tub, separate water closets and a urinal.The 150ft resort style pool has a slide and a private grotto area, as well as a spa big enough for 10-12. Cross the travertine bridge straddling the pool to an enclosed outdoor kitchen cabana with lovely views of the lake.

Last Agent to Sell the Property

Hans Haedelt

Compass Florida LLC Listed on: 01/19/2016

Compass Florida LLC

Co-Listed By

Marc Scola

Independent Brokers Realty SF

Last Buyer's Agent

Joyce Book

Realty One Group MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,029

Year Built

  • 2006

Lot Details

  • 0.99

Parking

  • Deeded Parking

Interior Spaces

  • 20,785 Sq Ft Home
  • 2-Story Property

Community Details

  • $1,500 Secondary HOA Transfer Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,029

Year Built

2006

Lot Details

0

Listing Details

  • Legal Description: MEDITERRA PARCEL 109 LOT 12
  • Building Design: Single Family
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Additional Rooms: Family Room, Great Room, Laundry in Residence, Media Room, Screened Lanai/Porch, Den/Study
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Gas Grill, Stand-Alone Ice Maker, Instant Hot Faucet, Microwave, Range, Refrigerator, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, French Doors, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Primary Bathroom: Bidet, Dual Sinks, Jetted Tub, Multiple Shower Heads, Separate Tub And Shower
  • Room Count: 11
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 489.84
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Outdoor Kitchen, Patio
  • Construction: Concrete Block
  • Exterior Features: Outdoor Kitchen, Patio
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground
  • Private Spa: Below Ground
  • Storm Protection: Impact Resistant Windows, Shutters Manual
  • Windows: Casement, Single Hung

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 5

Utilities

  • Cooling: Central Electric, Zoned
  • Heating: Central Electric, Zoned
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Beach Club Available, Bike And Jog Path, Private Membership, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Maintenance: Manager, Street Lights, Street Maintenance
  • Management Company Phone: 2392543040
  • Approval: Buyer
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: BELLO LAGO

Association/Amenities

  • Total Number of Units: 12
  • Pets: No Approval Needed
  • Development: Mediterra

Fee Information

  • HOA Fees: 2900
  • HOA Fee Frequency: Annually
  • Master HOA Fee: 5218
  • 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: Corner
  • Rear Exposure: West
  • View: Lake
  • Waterfront: Lake
  • Lot Dimensions: 180 X 216
  • Lot Back: 180
  • Lot Frontage: 180
  • Lot Left: 216
  • Lot Right: 216
  • Lot Unit: 12
  • Section: 11
  • Total Area: 20785

Rental Info

  • Leases Per Year: 2
  • Min Days Of Lease: 30

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Feb 20, 2017
Sold by
Regions Bank
Bought by
Becker William R
Seller's Agent
Hans Haedelt
Compass Florida LLC
Buyer's Agent
Joyce Book
Realty One Group MVP
List Price
$5,075,000
Sold Price
$4,100,000
Premium/Discount to List
-$975,000
-19.21%
Current Estimated Value
$6,873,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,773,336
Avg. Annual Appreciation
6.13%
Original Mortgage
$665,000
Outstanding Balance
$526,835
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,346,501

Purchase Details

Closed on
May 27, 2015
Sold by
Olsen George L and Olsen Sandra J
Bought by
Regions Bank

Purchase Details

Closed on
May 14, 2002
Sold by
Long Bay Ptnr L L C
Bought by
Olsen George L and Olsen Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.12%
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
Becker William R $4,100,000 Ross Title & Escrow Inc
Regions Bank -- Attorney
Olsen George L $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Becker William R $665,000
Previous Owner Olsen George L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2017 02/21/17 Sold $4,100,000 -15.5% $197 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
11/14/2016 11/14/16 Price Changed $4,850,000 -2.8% $233 / Sq Ft
09/01/2016 09/01/16 Price Changed $4,990,000 -1.7% $240 / Sq Ft
08/25/2016 08/25/16 For Sale $5,075,000 0.0% $244 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
06/27/2016 06/27/16 Price Changed $5,075,000 -2.4% $244 / Sq Ft
03/25/2016 03/25/16 Price Changed $5,199,900 -5.5% $250 / Sq Ft
01/19/2016 01/19/16 For Sale $5,499,900 -- $265 / 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 $72,029 $7,372,294 $2,033,884 $5,338,410
2024 $77,417 $7,175,900 $1,287,838 $5,888,062
2023 $77,417 $7,550,147 $659,930 $6,890,217
2022 $70,177 $5,682,742 $0 $0
2021 $60,466 $5,166,129 $577,376 $4,588,753
2020 $52,872 $4,573,953 $0 $0
2019 $52,104 $4,471,117 $0 $0
2018 $51,049 $4,387,750 $0 $0
2017 $60,722 $5,205,624 $824,823 $4,380,801
2016 $59,754 $5,126,572 $0 $0
2015 $56,260 $4,733,494 $0 $0
2014 $53,039 $4,392,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 215052404

Naples Area Board of REALTORS®

APN: 59960011326