NOT LISTED FOR SALE

Estimated Value: $7,396,000 - $16,655,000

0.78 Acre
$15,417,308 Price per Acre
33,977 Sq Ft Lot

Last Sold August 22, 2018

Last sale price $4,450,000

Est. 67% increase in value since last sale

Current estimated payment $48,258/month

680 Days on Market

Highlights

  • Lake Front
  • 0.78 Acre Lot
  • Fenced
  • Lake Park Elementary School Rated A
  • Door to Door Trash Pickup
  • Paved or Partially Paved Lot

About This Lot

As of August 2018

THE BEST LAKE FRONT VALUE IN OLDE NAPLES AND WALK TO THE GULF OF MEXICO FROM THIS AMAZING LOCATION. This lot is 34,000+ square feet representing .78 of an acre. It is on a private road for only 4 residences, situated between a $12,000,000 home and a $15,000,000+ brand new home on Alligator Lake and is just one block from the Gulf of Mexico. Over $350,000 of new landscaping and engineering. Close to everything Olde Naples has to offer. Call listing agent for further details

Last Agent to Sell the Property

Mark Riley

LUX International Properties Listed on: 09/22/2016

Last Buyer's Agent

Techrin Hijazi

William Raveis Real Estate License #NAPLES-277015658

William Raveis Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46,840

Lot Details

  • 0.78 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • Northwest Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Irrigation

Additional Features

  • Lake Views
  • Cable TV Available

Community Details

  • Olde Naples Condos
  • Door to Door Trash Pickup

Listing and Financial Details

  • Assessor Parcel Number 14151280008
  • Tax Block C

Property Details

Property Type

Land

Est. Annual Taxes

$46,840

Lot Details

0

Listing Details

  • Legal Description: NAPLES REPLAT PART TIERS 2 + 3 BLK C FROM POINT OF INTERSEC EAST LINE 1ST ST WITH CENTER LINE SOUTH LAKE DR, RUN S 68
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.151459$-81.80666400000001$9.07$13.33$1.00$bscUbORKeE0GgnHPJ7B_cw
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Description: Lake
  • Road: Dead End, Paved Road, Private Road
  • View: Lake

Utilities

  • Utilities Available: Cable, Electric, Gas, Irrigation Water, Sewer, Trash Removal, Water
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Sub Condo Name: OLDE NAPLES

Association/Amenities

  • Development: Olde Naples
  • Community Type: Non-Gated

Lot Info

  • Price Per Acre: 5705128.21
  • Section: 33
  • Acres: 0.7800
  • Waterfront: Yes
  • Land Improvements: Fenced
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Oversize
  • Lot Type: Residential Lot
  • Rear Exposure: Nw
  • Usage: Single Family
  • Parcel Number: 14151280008

Tax Info

  • Taxes: 46839.71
  • Tax Year: 2017
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2021
Sold by
Shearer Kurt F and Mcdonald Susan J
Bought by
755 Pine Ct Llc
Current Estimated Value
$7,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$4,526,877
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$7,498,623

Purchase Details

Closed on
Nov 4, 2019
Sold by
Scalise Sam L
Bought by
Scalise Sam L and Scalise Cindy L

Purchase Details

Listed on
Sep 22, 2016
Closed on
Aug 22, 2018
Sold by
Milestein Dennis L and Lebert Richard A
Bought by
Scalise Sam L
Seller's Agent
Mark Riley
LUX International Properties
Buyer's Agent
Techrin Hijazi
William Raveis Real Estate
List Price
$7,325,000
Sold Price
$4,450,000
Premium/Discount to List
-$2,875,000
-39.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Oct 1, 2015
Bought by
And Dennis Milstein

Purchase Details

Closed on
Jun 30, 2015
Sold by
Regions Bank
Bought by
Revocabl Dennis and Revocabl Richard

Purchase Details

Closed on
Jun 1, 2015
Bought by
And Dennis Milstein

Purchase Details

Closed on
Oct 16, 2009
Sold by
Jacobson Paul and Jacobson Sarah
Bought by
Jacobson Sarah

Purchase Details

Closed on
Jun 6, 2005
Sold by
Schooler Richard and Karraker Naneen
Bought by
Jacobson Paul and Jacobson Sarah

Purchase Details

Closed on
May 28, 2003
Sold by
Karraker Celine B R and Karraker Celine
Bought by
Karraker Celine

Purchase Details

Closed on
Dec 30, 1998
Sold by
Karraker Celine B R and Karraker Celine
Bought by
Schooler Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
755 Pine Ct Llc $2,100,000 Summit Title Company
Scalise Sam L -- Accommodation
Scalise Sam L $4,450,000 Attorney
And Dennis Milstein $100 --
Revocabl Dennis $3,825,000 Attorney
And Dennis Milstein $100 --
Jacobson Sarah -- Attorney
Jacobson Paul $3,450,000 --
Karraker Celine -- --
Karraker Naneen -- --
Schooler Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 755 Pine Ct Llc $5,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $4,450,000 -11.0% --
08/04/2018 08/04/18 Pending -- -- --
03/21/2018 03/21/18 Price Changed $4,999,000 -5.6% --
11/24/2017 11/24/17 Price Changed $5,295,000 -5.4% --
10/20/2017 10/20/17 Price Changed $5,595,000 -23.6% --
09/23/2016 09/23/16 For Sale $7,325,000 -- --
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 $116,412 $13,180,214 -- --
2024 $114,721 $12,808,760 -- --
2023 $114,721 $12,435,689 $0 $0
2022 $118,017 $12,073,484 $0 $0
2021 $119,892 $11,721,829 $6,293,549 $5,428,280
2020 $60,174 $5,927,645 $5,927,645 $0
2019 $56,330 $5,488,560 $5,488,560 $0
2018 $38,435 $3,751,800 $3,751,800 $0
2017 $46,840 $3,833,330 $0 $0
2016 $36,055 $3,484,845 $0 $0
2015 $31,614 $2,619,045 $0 $0
2014 $28,446 $2,380,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216059555

Naples Area Board of REALTORS®

APN: 14151280008