NOT LISTED FOR SALE

Estimated Value: $8,223,000 - $8,984,395

5 Beds
7 Baths
7,029 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $5,000,000 $711 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $52,800/month

184 Days on Market

Highlights

  • Furnished
  • Central Heating and Cooling System
  • Ceiling Fan
  • Lake Park Elementary School Rated A

About This Home

As of April 2018

H.12207
Island-Style Elegance. This remarkable lakefront home with timeless British West Indies architecture and casual Caribbean flair is the perfect private retreat one block from the beach and a short walk to Third Street restaurants and shops. Designed by Stoff-Cooney Architects and superbly crafted, the first floor of the 5 bedrooms plus den home includes a formal foyer, living and dining room with rustic Jerusalem stone flooring and beamed ceilings, spacious family and club rooms, a spectacular kitchen, one guest suite and a romantic master bedroom and bath. The inviting, south-facing outdoor living area with fireplace and summer kitchen overlooks a tropical heated pool and spa with waterfall, lush landscaping and tranquil lake with peaceful and private views. The second floor features three guest suites and baths and a rooftop terrace. In harmony with the natural beauty surrounding it and positioned just 4 homes from the Gulf and within easy walking distance to the amenities that make the downtown lifestyle so enjoyable, this distinctive luxury residence captures the essence of living in Naples!

Last Agent to Sell the Property

Carol Fox

John R Wood Properties License #NAPLES-249511546 Listed on: 09/02/2017

John R Wood Properties

Last Buyer's Agent

Helena Reed

Downing Frye Realty Inc. License #NAPLES-360555091

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,021

Year Built

  • 2005

Lot Details

  • 0.52

Parking

  • 2

Interior Spaces

  • 7,029 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,021

Year Built

2005

Lot Details

0

Parking

2

Listing Details

  • Legal Description: NAPLES T 2 BLK 3 W 26.6FT OF LOT 5, ALL OF LOT 6, E 20FT OF LOT 7, N 1/2 OF E 20FT OF LOT 18, N 1/2 OF LOT 19, N 1/2 OF
  • Street View Param: 1$26.127127$-81.803424$193.86$13.33$1.00$G6pMkvpGHnX1WMiWSQ7VAg
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms and Dens: 5+Den
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Equipment: Auto Garage Door, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Stand-Alone Ice Maker, Intercom, Microwave, Refrigerator, Security System, Washer, Wine Cooler
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, French Doors, Laundry Tub, Multiple Phone Lines, Pantry, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 918.78
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Built In Grill, Deck, Outdoor Kitchen, Outdoor Shower, Water Display
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Heated Electric
  • Private Spa: Below Ground, Heated Electric
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Casement, Solar Tinted, Transom

Garage/Parking

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

Utilities

  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Beach Access, Streetlight, Underground Utility
  • Community Type: Non-Gated
  • Sub Condo Name: AQUALANE SHORES

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Aqualane Shores

Schools

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

Lot Info

  • Rear Exposure: South
  • View: Lake
  • Waterfront: Lake
  • Lot Dimensions: 80 X 285
  • Lot Back: 80
  • Lot Frontage: 80
  • Lot Left: 285
  • Lot Right: 285
  • Lot Unit: 5
  • Section: 9
  • Total Area: 7029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2023
Sold by
Cb Trust
Bought by
Androwich Michael J and Androwich Joanne M
Current Estimated Value
$8,562,739

Purchase Details

Listed on
Sep 2, 2017
Closed on
Apr 13, 2018
Sold by
Hanway Ellen M and Edward Hanway H
Bought by
Groeschell Charles B and Groeschell Bevrelly J
Seller's Agent
Carol Fox
John R Wood Properties
Buyer's Agent
Helena Reed
Downing Frye Realty Inc.
List Price
$5,195,000
Sold Price
$5,000,000
Premium/Discount to List
-$195,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2008
Sold by
Fries John T and Fries Maureen A
Bought by
Hanway H Edward and Hanway Ellen M

Purchase Details

Closed on
Jun 30, 2005
Sold by
Herrington Homes Corp
Bought by
Fries John T and Fries Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 15, 2003
Sold by
Martinuzzi Georgiana Gibson
Bought by
Herrington Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,905
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2003
Sold by
Gibson Charles Dewolf
Bought by
Herrington Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,905
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2003
Sold by
Morrissey John J and Martinuzzi John J
Bought by
Herrington Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,905
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Martinuzzi Samuel
Bought by
Herrington Homes Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,345,905
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1996
Sold by
Miller James and Miller Gayle Lee
Bought by
Chapin Barbara W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Androwich Michael J $8,480,360 None Listed On Document
Groeschell Charles B $5,000,000 Attorney
Hanway H Edward $5,000,000 Attorney
Fries John T $4,350,000 --
Herrington Homes Corp $138,900 --
Herrington Homes Corp $416,700 --
Herrington Homes Corp $416,700 --
Herrington Homes Corp -- --
Herrington Homes Corp $138,900 --
Herrington Homes Corp $138,900 --
Martinuzzi Georgiana Gibson -- --
Herrington Homes Corp -- --
Morrissey John J -- --
Gibson Burdett -- --
Chapin Barbara W $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Groeschell Charles B $3,500,000
Previous Owner Fries John T $3,500,000
Previous Owner Herrington Homes Corp $2,345,905
Previous Owner Herrington Homes Corp $2,345,905
Previous Owner Herrington Homes Corp $2,345,905
Previous Owner Gibson Burdett $2,345,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2018 04/13/18 Sold $5,000,000 +2.2% $711 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $4,890,000 -5.9% $696 / Sq Ft
09/02/2017 09/02/17 For Sale $5,195,000 -- $739 / 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
2023 $71,021 $6,027,383 $0 $0
2022 $62,265 $5,479,439 $0 $0
2021 $55,145 $4,981,308 $0 $0
2020 $46,932 $4,528,462 $0 $0
2019 $42,080 $4,100,110 $2,940,300 $1,159,810
2018 $36,071 $3,521,064 $2,508,800 $1,012,264
2017 $37,506 $3,561,350 $0 $0
2016 $33,496 $3,237,591 $0 $0
2015 $31,682 $2,978,597 $0 $0
2014 $31,487 $2,917,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217054990

Naples Area Board of REALTORS®

APN: 14004760002