NOT LISTED FOR SALE

Estimated Value: $341,000 - $374,000

2 Beds
2 Baths
1,451 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $174,523 $120 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,622/month

101 Days on Market

Highlights

  • 2 Car Attached Garage
  • South Facing Home
  • Villa
  • Central Heating and Cooling System

About This Home

As of June 2019

This is an auction, Come check out this nice 2 bedroom 2 bath condo in Naples. Step inside to find vaulted ceilings, open floor plan, tile floors, separate dining area, an open and spacious kitchen, attached garage and screen lanai. The community offers pool and fitness and convenient to nearby dining, shopping, downtown Naples and a short drive to the beaches. This one will not last long take a look today!

Last Agent to Sell the Property

April Feeser

Realhome Services and Solution License #288518554 Listed on: 01/29/2019

Last Buyer's Agent

Nikki Dimitrova

Florida Prime Realty, LLC License #249523283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,390

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 500 x 530 x 378 x 450
  • South Facing Home

HOA Fees

  • $490 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Timeshare
  • Villa
  • Property Attached
  • Stucco

Interior Spaces

  • 1,451 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Shadowlawn Elementary School
  • East Naples Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1002
  • Assessor Parcel Number 71695000402

Community Details

Overview

  • 2 Units
  • Association Phone (239) 793-6533
  • Royal Villas Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,390

Year Built

Built in 1998

Lot Details

0

HOA Fees

$490 per month

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 500 x 530 x 378 x 450
  • Ownership: Timeshare
  • Subdivision Name: ROYAL VILLAS
  • Directions: From Royal Circle, Head east. Destination will be on left
  • Architectural Style: Other, Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1998
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Attached,Villa
  • Special Features: 84
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: None, Other, See Remarks
  • Living Area: 1451.0
  • Stories: 2
  • Window Features: Other
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Stucco
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: See Remarks

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association #2 Fee: 1471.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-793-6533
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Timeshare

Fee Information

  • Association Fee Includes: See Remarks

Schools

  • Elementary School: SHADOWLAWN ELEMENTARY SCHOOL
  • High School: LELY HIGH SCHOOL
  • Middle Or Junior School: EAST NAPLES MIDDLE SCHOOL

Lot Info

  • Parcel #: 71695000402
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2390.0
  • Tax Lot: 1002
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2019
Closed on
May 30, 2019
Sold by
American Home Mtg Investments Tr 2005 2
Bought by
Dimitrov Majalce and Dimitrov Pavlina
Seller's Agent
April Feeser
Realhome Services and Solution
Buyer's Agent
Nikki Dimitrova
Florida Prime Realty, LLC
List Price
$253,000
Sold Price
$174,523
Premium/Discount to List
-$78,477
-31.02%
Current Estimated Value
$350,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,002
Avg. Annual Appreciation
11.61%
Original Mortgage
$146,599
Outstanding Balance
$129,155
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$221,370

Purchase Details

Closed on
Aug 9, 2018
Sold by
Royal Vllas At Crown Pointe Inc
Bought by
Deutsche Bank National Trust Company and Indentrue Trustee For American Home Mort

Purchase Details

Closed on
Apr 4, 2014
Sold by
Kardanow Michael J and Kardanow Ornella
Bought by
Royal Villas At Crown Pointe Inc

Purchase Details

Closed on
Jun 24, 2011
Sold by
Kardanow Kristina and Kardanow Ornella
Bought by
Kardanow Michael J

Purchase Details

Closed on
Jun 25, 2008
Sold by
Kardanow Michael J and Kardanow Kristina
Bought by
Kardanow Michael J and Kardanow Kristina

Purchase Details

Closed on
Apr 23, 2005
Sold by
Morrison Richard A and Morrison Mary C
Bought by
Kardanow Michael J and Kardanow Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 25, 2000
Sold by
Doyle Walter C
Bought by
Morrison Richard A and Morrison Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
8.24%

Purchase Details

Closed on
Apr 13, 1998
Sold by
R A M Dev Corp Of Naples Inc
Bought by
Doyle Walter C and Doyle Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,100
Interest Rate
7.14%
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
Dimitrov Majalce $183,249 Premium Title Svcs Fl Inc
Deutsche Bank National Trust Company $61,000 None Available
Royal Villas At Crown Pointe Inc -- None Available
Kardanow Michael J $54,200 Attorney
Kardanow Michael J -- Hulce Title Ins Agency Inc
Kardanow Michael J $270,000 Affiliated Collier Title Ins
Morrison Richard A $139,000 --
Doyle Walter C $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimitrov Majalce $146,599
Previous Owner Kardanow Michael J $216,000
Previous Owner Morrison Richard A $111,200
Previous Owner Doyle Walter C $95,100
Closed Kardanow Michael J $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $174,523 -31.0% $120 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $253,000 -- $174 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,270 $275,570 -- --
2024 $3,075 $250,518 -- --
2023 $3,075 $227,744 $0 $0
2022 $2,776 $207,040 $0 $0
2021 $2,400 $188,218 $0 $188,218
2020 $2,471 $196,434 $0 $196,434
2019 $2,484 $196,434 $0 $196,434
2018 $2,410 $190,630 $0 $190,630
2017 $2,390 $187,728 $0 $187,728
2016 $2,196 $171,767 $0 $0
2015 $2,071 $158,708 $0 $0
2014 $1,429 $92,265 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219009009

Florida Gulf Coast Multiple Listing Service

APN: 71695000402