NOT LISTED FOR SALE

Estimated Value: $5,673,551 - $7,085,000

5 Beds
6 Baths
3,797 Sq Ft
$1,682/Sq Ft Est. Value

Last Sold March 17, 2020

Last sale price $4,125,000 $1,086 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $39,352/month

99 Days on Market

Highlights

  • Concrete Pool
  • Deck
  • Loft
  • Lake Park Elementary School Rated A
  • Wood Flooring
  • Great Room

About This Home

As of March 2020

A prominent opportunity to own the famed Sagamore historic cottage. Located two blocks to the beach in the heart of Old Naples, this exceptional and rare landmark has been updated and maintained, preserving the essence of an Old Naples cottage with modern-day appointments. The main house outfitted with heart pine interiors offers an open living room with a gas fireplace, formal dining room, private study, spacious master suite with newly renovated bathroom and fixtures, and a cozy and calming guest ensuite. The kitchen reflects its authenticity with pine cabinetry and offers superior appliances and marble countertops. A separate three-story guest house features three bedrooms, two and a half baths, living areas, and a vaulted wood-beamed ceiling for an added eyeful of interest. The grounds have been meticulously maintained and provide privacy while the newer pool and spa invites relaxation. Close proximity to Third Street's cultural amenities complete this one-of-a-kind historical retreat.

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty License #NAPLES-249500877 Listed on: 10/23/2019

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Thomas Margardino

Premiere Plus Realty Company License #NAPLES-249513715

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,277

Year Built

  • Built in 1895

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 75
  • South Facing Home
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,797 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Corner Fireplace
  • Shutters
  • Picture Window
  • Casement Windows
  • French Doors
  • Great Room
  • Living Room
  • Formal Dining Room
  • Home Office
  • Loft

Kitchen

  • Self-Cleaning Oven
  • Range
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Equipment Stays

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Cable TV Available

Additional Features

  • Deck
  • Guest house includes a balcony

Listing and Financial Details

  • Assessor Parcel Number 14005400002
  • Tax Block 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,277

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Legal Description: NAPLES T 2 BLK 5 LOT 1, 2 + E8.3FT OF LOT 3 + N10FT OF ADJ VAC E W ALLEY OR 505 PG 649
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.129398$-81.80321600000002$207.17$13.33$1.00$CAoSLEFGMVFpcFBCZ1JXdU1NWVJnSTN5R3RvbURieXZ4NU1YWDJ3TWpqZDJQWTda
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch, Corner
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1086.38
  • Total Floors: 1
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Loft, Den/Study
  • Estimated Living Area: 3797
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Formal
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Security System, Self Cleaning Oven, Smoke Detector, Warming Tray, Washer
  • Flooring: Terrazzo, Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Fireplace, French Doors, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Shower Only
  • Windows: Casement, Impact Resistant, Picture

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Wood Frame
  • Irrigation: Central
  • Exterior Features: Deck, Decorative Shutters, Extra Building, Sprinkler Auto
  • Exterior Finish: Wood Siding
  • Guest House: 2+ Baths, 2+ Bedrooms, Balcony, Living Room
  • Private Pool Type: Below Ground, Concrete, Equipment Stays, Heated Electric
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Electric

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Wall Unit, Zoned
  • Heat: Central Electric, Wall Unit, Zoned
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Community Type: Non-Gated
  • Units In Building: 1

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

  • Builder Product: No
  • Lot Back: 75
  • Lot Frontage: 75
  • Lot Left: 160
  • Lot Right: 160
  • Lot Unit: 1
  • Section: 9
  • Total Area: 4013
  • Waterfront: No
  • Acres: 0.2800
  • Rear Exposure: South
  • Lot Description: Corner
  • Lot Dimensions: 75 X 160
  • Parcel Number: 14005400002

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365

Tax Info

  • Tax Description: City And County
  • Taxes: 17277.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Mar 17, 2020
Sold by
Harris Jenifer Squires and Harris John R
Bought by
Lindsay Kathleen K
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Thomas Margardino
Premiere Plus Realty Company
List Price
$4,495,000
Sold Price
$4,125,000
Premium/Discount to List
-$370,000
-8.23%
Current Estimated Value
$6,520,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,395,771
Avg. Annual Appreciation
8.59%
Original Mortgage
$1,800,000
Outstanding Balance
$1,608,343
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$4,818,928

Purchase Details

Closed on
Sep 3, 2015
Sold by
Reinhart James E and Reinhart Joni B
Bought by
Jenifer Squires Harris Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 14, 2010
Sold by
Saltsman Suzanne
Bought by
Reinhart James E and Reinhart Joni B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 1998
Sold by
Saltsman John W
Bought by
Saltsman John W and Saltsman Suzanne

Purchase Details

Closed on
Oct 27, 1994
Sold by
Barnett Banks Tr Co N A
Bought by
Saltsman John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
8.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lindsay Kathleen K $4,125,000 Attorney
Jenifer Squires Harris Revocable Trust $3,000,000 Attorney
Reinhart James E $1,950,000 Attorney
Saltsman John W -- --
Saltsman John W $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsay Kathleen K $1,800,000
Previous Owner Jenifer Squires Harris Revocable Trust $700,000
Previous Owner Reinhart James E $3,000,000
Previous Owner Reinhart James E $1,050,000
Previous Owner Saltsman John W $200,000
Previous Owner Saltsman John W $100,000
Previous Owner Saltsman John W $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2020 03/17/20 Sold $4,125,000 -8.2% $1,086 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
10/23/2019 10/23/19 For Sale $4,495,000 -- $1,184 / 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 $39,242 $3,525,022 $0 $0
2022 $34,095 $3,204,565 $0 $0
2021 $29,894 $2,913,241 $2,407,282 $505,959
2020 $17,864 $1,797,349 $0 $0
2019 $17,646 $1,756,939 $0 $0
2018 $17,277 $1,724,180 $0 $0
2017 $17,013 $1,688,717 $0 $0
2016 $16,726 $1,653,983 $0 $0
2015 $16,715 $1,521,534 $0 $0
2014 $15,227 $1,383,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219073163

Naples Area Board of REALTORS®

APN: 14005400002