NOT LISTED FOR SALE

Estimated Value: $4,554,000 - $5,997,000

3 Beds
4 Baths
6,464 Sq Ft
$789/Sq Ft Est. Value

Last Sold April 30, 2018

Last sale price $2,700,000 $418 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $28,356/month

46 Days on Market

Highlights

  • Zoned Heating and Cooling
  • Ceiling Fan
  • 1-Story Property
  • Poinciana Elementary School Rated A-

About This Home

As of April 2018

Located on the private, Royal Palm-lined enclave of Banyan Island in Grey Oaks, this impeccable residence was constructed of the highest quality materials and features scrupulous design throughout. From the 25 foot ceilings in the pillared entry to fully renovated chefs kitchen to the outdoor area created for entertaining, this home is an architectural masterpiece and is sure to impress. Warmth and sunshine give a bright, and airy ambience to the entire residence, this open floor-plan offers separate living and family rooms, gas fireplace, custom cabinetry and luxurious master suite. In addition to all of the unmatched amenities offered by Grey Oaks, you will enjoy custom private pool and spa with water feature, large screened lanai with shaded dining areas and dazzling views of the lake and golf course.

Last Agent to Sell the Property

Yasmin Saad, PA

Compass Florida LLC Listed on: 12/04/2017

Compass Florida LLC

Co-Listed By

Fahada Saad

Compass Florida LLC

Compass Florida LLC

Last Buyer's Agent

Fahada Saad

Compass Florida LLC

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,284

Year Built

  • 2000

Lot Details

  • 0.46

HOA Fees

  • $88 per month

Parking

  • 3

Home Design

  • Entry on the 1st floor
  • Tile

Interior Spaces

  • 6,464 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Utilities

  • Zoned Heating and Cooling

Community Details

  • $45,000 Membership Fee
  • $150 Secondary HOA Transfer Fee

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,284

Year Built

2000

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Legal Description: GREY OAKS UNIT THIRTEEN LOT 24
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Additional Rooms: Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Split Bedrooms
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Great Room
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, French Doors, High Speed Available, Pantry, Smoke Detectors, Surround Sound Wired, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Bidet, Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Room Count: 8
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 598.80
  • Total Floors: 1

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Built In Grill, Outdoor Kitchen, Patio, Water Display
  • Exterior Finish: Stucco
  • Irrigation: Reclaimed
  • Private Pool: Below Ground, Heated Gas, Screened
  • Private Spa: Below Ground, Heated Gas, Screened
  • Road: Cul-De-Sac
  • Windows: Sliding
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Basketball, BBQ - Picnic, Bike And Jog Path, Bocce Court, Community Pool, Community Spa/Hot tub, Dog Park, Exercise Room, Fitness Center Attended, Golf Course, Internet Access, Play Area, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Irrigation Water, Legal/Accounting, Manager, Street Lights, Street Maintenance
  • Management Company Phone: 239-435-0424
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: No RV
  • Sub Condo Name: BANYAN ISLAND

Association/Amenities

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

Fee Information

  • HOA Fees: 265
  • HOA Fee Frequency: Quarterly
  • Mandatory Club Fee: 9165
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 1344
  • Master HOA Fee Frequency: Quarterly
  • Transfer Fees: 150.00
  • Application Fee: 100.00
  • One Time Mandatory Club Fee: 45000

Schools

  • Elementary School: Poinciana Elementary
  • Middle School: Gulfview Middle School
  • High School: Naples High School
  • Elementary School: Poinciana Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Lot Description: Cul-De-Sac, Golf Course
  • Rear Exposure: South
  • View: Golf Course, Lake, Preserve
  • Waterfront: Lake
  • Lot Unit: 24
  • Section: 24
  • Total Area: 6464

Rental Info

  • Leases Per Year: 2
  • Min Days Of Lease: 180

Tax Info

  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2017
Closed on
Apr 30, 2018
Sold by
Prettea Anthony L and Prettea Anita A
Bought by
Magrath Terrence and Magrath Patrice
Seller's Agent
Yasmin Saad, PA
Compass Florida LLC
Buyer's Agent
Fahada Saad
Compass Florida LLC
List Price
$2,925,000
Sold Price
$2,700,000
Premium/Discount to List
-$225,000
-7.69%
Current Estimated Value
$5,099,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,399,304
Avg. Annual Appreciation
8.86%
Original Mortgage
$860,000
Outstanding Balance
$729,034
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,370,270

Purchase Details

Closed on
May 20, 2005
Sold by
Friedrich David J and Friedrich Sheralee A
Bought by
Petretta Anthony L and Petretta Anita A

Purchase Details

Closed on
Sep 5, 2000
Sold by
H W Ptnr
Bought by
Friedrich David J and Friedrich Sheralee A
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
Magrath Terrence $2,700,000 Licensed Title Agent
Petretta Anthony L $2,425,000 --
Friedrich David J $1,880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magrath Terrence $860,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $2,700,000 -3.4% $418 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $2,795,000 -4.4% $432 / Sq Ft
12/04/2017 12/04/17 For Sale $2,925,000 -- $453 / 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 $18,284 $1,983,498 -- --
2024 $18,179 $1,927,598 -- --
2023 $18,179 $1,871,454 $0 $0
2022 $18,830 $1,816,946 $0 $0
2021 $19,063 $1,764,025 $0 $0
2020 $18,610 $1,739,670 $0 $0
2019 $18,319 $1,700,557 $0 $0
2018 $18,458 $1,716,663 $0 $0
2017 $18,216 $1,681,355 $0 $0
2016 $17,811 $1,646,773 $0 $0
2015 $17,958 $1,635,326 $0 $0
2014 $18,010 $1,572,347 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217074227

Naples Area Board of REALTORS®

APN: 47790028229