NOT LISTED FOR SALE

Estimated Value: $3,742,101 - $4,024,000

3 Beds
4 Baths
5,601 Sq Ft
$691/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $2,577,000 $460 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $24,607/month

405 Days on Market

Highlights

  • Furnished
  • Zoned Heating and Cooling
  • Villa
  • Veterans Memorial Elementary School Rated A
  • Ceiling Fan
  • 1-Story Property

About This Home

As of May 2018

NEW MODEL HOME - The Palmero expands upon a popular, award-winning floor plan that emphasizes openness and flow between indoor and outdoor areas. Nestled within Lucarno - a village neighborhood inspired by the charm and classic style of Europe's Mediterranean region - the home features breathtaking lake views and Mediterra's Parterre Gardens. Fully furnished by Romanza Interior Design, the Palmero offers a spacious great room, adjoining gourmet-inspired kitchen with butler's pantry and café, formal dining room and study. Pocket sliding glass doors in the café lead out to an outdoor dining and living area with an outdoor kitchen - overlooking the custom pool and spa, and fire pit. The master suite features walk-in closets and a French door that opens to a trellised patio off the pool deck. The suite's bathroom offers a freestanding tub with floor-mounted filler and double-entry shower, vanity with dual sinks and private outdoor shower. London Bay Homes is offering an exclusive opportunity for new home buyers to purchase a golf membership without the delay of what otherwise is approximately a one-year waiting list.

Last Listed By

Lawrence Middleton

William Raveis Real Estate License #NAPLES-249518990 Listed on: 02/15/2017

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,060

Year Built

  • 2018

Lot Details

  • 0.28

HOA Fees

  • $720 per month

Parking

  • 3

Home Design

  • Villa
  • Tile

Interior Spaces

  • 5,601 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan

Utilities

  • Zoned Heating and Cooling

Community Details

  • $2,250 Secondary HOA Transfer Fee

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,060

Year Built

2018

Lot Details

0

HOA Fees

$720 per month

Parking

3

Listing Details

  • Legal Description: MEDITERRA PARCEL 125 REPLAT LOT 11
  • Building Design: Villa Detached
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2018

Interior Features

  • Additional Rooms: Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch, Den/Study
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Dining Room: Family Dining, Living Dining, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator/Icemaker, Smoke Detector, Wall Oven, Washer, Home Automation, Range, Security System, Wine Cooler
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Surround Sound Wired, Wet Bar
  • Kitchen: Built-In Desk, Island, Walk-In Pantry, Gas Available, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Furnished
  • Price Per Sq Ft: 652.90
  • Total Floors: 1

Exterior Features

  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Built In Grill, Outdoor Kitchen, Outdoor Shower
  • Exterior Finish: Stucco
  • Irrigation: Reclaimed
  • Private Pool: Below Ground, Equipment Stays, Salt Water System, Concrete, Custom Upgrades, Heated Gas
  • Private Spa: Below Ground, Equipment Stays, Concrete, Heated Gas
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Casement, Sliding
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Amenities: Beach Club Available, Bike And Jog Path, Bocce Court, Clubhouse, Fitness Center Attended, Full Service Spa, Golf Course, Private Membership, Tennis Court, Underground Utility, Pickleball, Restaurant, Sidewalk
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Street Lights, Trash Removal
  • Management Company Phone: 239-254-3040
  • Approval: Application Fee, Interview
  • Management: Professional
  • Restrictions: Architectural, No RV
  • Sub Condo Name: LUCARNO

Association/Amenities

  • Pets: With Approval
  • Development: Mediterra

Fee Information

  • HOA Fees: 2160
  • HOA Fee Frequency: Quarterly
  • Mandatory Club Fee: 2400
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 4312
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 2250.00
  • Application Fee: 250.00

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: Regular
  • Rear Exposure: West
  • View: Lake, Landscaped Area
  • Lot Dimensions: 96 X 170 X 60 X 167
  • Lot Back: 60
  • Lot Frontage: 96
  • Lot Left: 170
  • Lot Right: 167
  • Lot Unit: 11
  • Section: 12
  • Total Area: 5601

Rental Info

  • Leases Per Year: 3
  • 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
Feb 15, 2017
Closed on
May 1, 2018
Sold by
Lucarno 2 Llc
Bought by
Brown Robert M
Seller's Agent
Lawrence Middleton
William Raveis Real Estate
Buyer's Agent
Lisa Groneman
INACTIVE AGENT ACCT
List Price
$2,650,000
Sold Price
$2,577,000
Premium/Discount to List
-$73,000
-2.75%
Total Days on Market
405
Current Estimated Value
$3,871,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,294,775
Avg. Annual Appreciation
5.92%
Original Mortgage
$1,800,000
Outstanding Balance
$1,548,736
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,318,063

Purchase Details

Closed on
Dec 15, 2011
Sold by
Lb Lucarno Llc
Bought by
Lucarno 2 Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Long Bay Partners Llc
Bought by
Lb Lucarno Llc

Range of Values:

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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
Brown Robert M $2,577,000 Title Svcs Of The Gulf Coast
Lucarno 2 Llc $2,016,014 Attorney
Lb Lucarno Llc $3,600,000 Tarpon Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Robert M $1,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $2,577,000 -4.2% $460 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
05/30/2017 05/30/17 Price Changed $2,690,000 +1.5% $480 / Sq Ft
02/15/2017 02/15/17 For Sale $2,650,000 -- $473 / 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 $29,060 $2,166,344 $0 $0
2022 $26,228 $1,969,404 $0 $0
2021 $22,204 $1,790,367 $274,673 $1,515,694
2020 $24,897 $2,000,298 $0 $0
2019 $22,114 $1,818,453 $245,178 $1,573,275
2018 $19,682 $1,525,189 $0 $0
2017 $3,959 $90,592 $0 $0
2016 $3,657 $82,356 $0 $0
2015 $4,183 $74,869 $0 $0
2014 $3,669 $68,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217006028

Naples Area Board of REALTORS®

APN: 59960200409