NOT LISTED FOR SALE

Estimated Value: $5,873,000 - $6,477,000

4 Beds
5 Baths
5,898 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $3,200,000 $543 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $36,297/month

14 Days on Market

About This Home

As of April 2016

This well appointed and casual beach house is situated on an oversized lot within Gordon Drive Estates, a private and gated enclave right on the beach block. Residence is situated in a very lush and tropically landscaped environment and offers a newly added pool, spa, expansive outdoor decking, new mechanicals, and more. This home also offers an inviting floor plan filled with rich wood flooring, numerous updates including impact windows, A/V system including Sonos, new master bath, and a truly unique and exceptional all new outdoor living experience. The landscape is nothing short of remarkable and offers a feeling of being in your own private and tropical oasis. Gordon Drive Estates is situated between Aqualane Shores and Port Royal offering unimpeded beach access via a secure gate at the end of the community.

Last Agent to Sell the Property

Rex Miller

William Raveis Real Estate License #NAPLES-249515785 Listed on: 02/25/2016

William Raveis Real Estate

Last Buyer's Agent

Vic Cuccia

Veronawalk Realty, Inc. License #NAPLES-249519261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,533

Year Built

  • 1989

Lot Details

  • 0.39

Parking

  • Deeded Parking

Interior Spaces

  • 5,898 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,533

Year Built

1989

Lot Details

0

Listing Details

  • Legal Description: PALMER ESTATES LOT 5
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Additional Rooms: Laundry in Residence, Open Porch/Lanai
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Dining Room: Breakfast Room, Family Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Gas Grill, Microwave, Range, Security System, Self Cleaning Oven, Washer, Refrigerator
  • Floor Plan: Split Bedrooms
  • Flooring: Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Laundry Tub, Surround Sound Wired, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Room Count: 8
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1190.48
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Fence, Outdoor Shower, Patio, Privacy Wall, Private Road, Sprinkler Auto
  • Construction: Concrete Block
  • Exterior Features: Fence, Outdoor Shower, Patio, Privacy Wall, Private Road, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Custom Upgrades, Heated Electric, Heated Gas, Salt Water System
  • Private Spa: Below Ground, Concrete, Equipment Stays, Heated Electric, Heated Gas
  • Road: Dead End, Paved Road, Private Road
  • Storm Protection: Impact Resistant Windows, Impact Resistant Doors
  • Windows: Single Hung, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Beach Access, Streetlight, Underground Utility
  • Community Type: Gated
  • Maintenance: Manager, Master Association Fee Incl, Street Lights, Street Maintenance
  • Management Company Phone: 239-571-7968
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: GORDON DRIVE ESTATES

Association/Amenities

  • Total Number of Units: 9
  • Pets: No Approval Needed
  • Development: Gordon Drive Estates

Fee Information

  • Master HOA Fee: 7566
  • Master HOA Fee Frequency: Annually
  • Application Fee: 100.00

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

  • Lot Description: Oversize
  • Rear Exposure: North
  • View: Landscaped Area
  • Lot Dimensions: 123 X 140
  • Lot Back: 123
  • Lot Frontage: 123
  • Lot Left: 140
  • Lot Right: 140
  • Lot Unit: 5
  • Section: 16
  • Total Area: 5898

Rental Info

  • Leases Per Year: 1
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Apr 21, 2016
Sold by
Lowry Patricia H
Bought by
Ustian Daniel C and Daniel C Ustian Revocable Trust
Seller's Agent
Rex Miller
William Raveis Real Estate
Buyer's Agent
Vic Cuccia
Veronawalk Realty, Inc.
List Price
$3,385,000
Sold Price
$3,200,000
Premium/Discount to List
-$185,000
-5.47%
Current Estimated Value
$6,210,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,010,460
Avg. Annual Appreciation
8.27%
Original Mortgage
$2,400,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2016
Closed on
Mar 1, 2016
Bought by
Daniel C Ustian Rev Trust
Seller's Agent
Rex Miller
William Raveis Real Estate
Buyer's Agent
Vic Cuccia
Veronawalk Realty, Inc.
List Price
$3,385,000
Sold Price
$3,200,000
Premium/Discount to List
-$185,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2016
Bought by
Daniel C Ustian Rev Trust

Purchase Details

Closed on
Jan 1, 2016
Bought by
Daniel C Ustian Rev Trust

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 24, 2012
Sold by
Hoban William E and Hoban Linda M
Bought by
Lowry David J and Lowry Patricia H
Seller's Agent
Linda Hoban
Waterfront Realty Group Inc
Buyer's Agent
Rex Miller
William Raveis Real Estate
List Price
$1,950,000
Sold Price
$1,950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$1,200,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2010
Sold by
The Beachfront L L C
Bought by
Hoban William E and Hoban Linda M

Purchase Details

Closed on
Feb 16, 2001
Sold by
Regas John P
Bought by
Beachfront L L C

Purchase Details

Closed on
Nov 10, 1998
Sold by
Tarzian Patricia Joyce
Bought by
Regas John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.47%

Purchase Details

Closed on
Apr 15, 1996
Sold by
Tarzian Mary
Bought by
Tarzian Mary
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
Ustian Daniel C $3,200,000 Attorney
Daniel C Ustian Rev Trust $100 --
Daniel C Ustian Rev Trust $100 --
Daniel C Ustian Rev Trust $100 --
Lowry David J $1,950,000 Attorney
Hoban William E $1,385,000 Attorney
Beachfront L L C $1,950,000 --
Regas John P $740,000 --
Tarzian Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ustian Daniel C $3,000,000
Closed Ustian Daniel C $2,400,000
Previous Owner Lowry David J $1,200,000
Previous Owner Regas John P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2016 04/21/16 Sold $3,200,000 -5.5% $543 / Sq Ft
03/10/2016 03/10/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $3,385,000 +73.6% $574 / Sq Ft
05/24/2012 05/24/12 Sold $1,950,000 0.0% $722 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $1,950,000 -- $722 / 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 $27,533 $2,945,525 $0 $0
2022 $28,296 $2,859,733 $0 $0
2021 $28,931 $2,776,440 $0 $0
2020 $28,241 $2,738,107 $0 $0
2019 $27,084 $2,676,546 $0 $0
2018 $26,522 $2,626,640 $0 $0
2017 $26,120 $2,572,615 $2,340,691 $231,924
2016 $24,407 $2,396,372 $0 $0
2015 $25,815 $2,464,148 $0 $0
2014 $25,914 $2,394,591 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216015097

Naples Area Board of REALTORS®

APN: 15500200007