NOT LISTED FOR SALE

Estimated Value: $1,519,091 - $2,859,000

4 Beds
2 Baths
3,513 Sq Ft
$541/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2016

Last sale price $707,000 $201 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $10,697 / mo

94 Days on Market

Highlights

  • 4 Ceiling Fans
  • Pelican Marsh Elementary School Rated A
  • 1-Story Property

About This Home

As of October 2016

Luxurious lakefront pool home has many upgrades inc. thick crown moldings and baseboard, 8 ft doors, designer lighting, custom mill work, volume ceilings. A spacious master suite has soaking tub, dbl vanities, new tiled walk in shower and floor, separate toilet room, two closets. Home has open floor plan with family room, living room, formal dining room and breakfast nook. A spacious den also makes a 4th bedroom per county (has closet). Kitchen upgrades inc. cabinets, granite counters, stainless appliances. Distressed random plank hardwood throughout living areas and den. New carpet in bedrooms. The garage does not directly front the street and is over sized, with indoor/outdoor carpet and built in storage, refrigerator, wired for TVs and gaming. The curved driveway can park up to 6 cars. Outdoor shed and outdoor hot tub negotiable. (Jacuzzi 50th ann. model).This home is in an ideal low traffic location in the community, not near noisy road or power lines. A rare large stag fern and 2 of the tallest palm trees in Monterey are on this property. Fish in the lake behind the house. Only 8 min to Mercato, 10 min to the beach and Waterside.
A-rated Barron Collier school district!

Last Agent to Sell the Property

Jo Jo Nash

Naples Luxury Real Estate Grou Listed on: 05/28/2016

Last Buyer's Agent

Sharon Kaltenborn

Premiere Plus Realty Company

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Year Built

  • 1997

Lot Details

  • 0.28

Interior Spaces

  • 3,513 Sq Ft Home
  • 1-Story Property
  • 4 Ceiling Fans

Home Details

Home Type

Single Family

Year Built

1997

Lot Details

0.28 Acres

Listing Details

  • Legal Description: MONTEREY UNIT FIVE LOT 227
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Additional Rooms: Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Satellite Dish, Security System, Self Cleaning Oven, Smoke Detector, Solar Panels, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Custom Mirrors, Foyer, French Doors, High Speed Available, Pantry, Pull Down Stairs, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Vaulted Ceiling
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Price Per Sq Ft: 282.80
  • Total Floors: 1

Exterior Features

  • Roof: Tile
  • Exterior Features: Tennis Court
  • Construction: Concrete Block
  • Exterior Features: Tennis Court
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Spa: Above Ground
  • Road: Public Road
  • Windows: Double Hung, Skylight, Sliding, Solar Tinted

Garage/Parking

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

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric, Solar
  • Security: Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Basketball, BBQ - Picnic, Clubhouse, Community Pool, Community Room, Exercise Room, Sidewalk, Streetlight, Tennis Court
  • Community Type: Gated
  • Maintenance: Legal/Accounting, Manager, Recreational Facilities, Reserve
  • Approval: Application Fee
  • Management: Professional
  • Sub Condo Name: MONTEREY

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Monterey

Fee Information

  • Master HOA Fee: 600
  • Master HOA Fee Frequency: Quarterly

Schools

  • Elementary School: Pelican Marsh Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Lot Description: Irregular Shape, Oversize
  • Rear Exposure: North
  • View: Lake, Landscaped Area, Water
  • Waterfront: Lake
  • Section: 2
  • Total Area: 3513

Tax Info

  • Tax Description: City And County, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2016
Closed on
Oct 7, 2016
Sold by
Nash Jo Ellen Hetrick
Bought by
Karakashian Armen B and Karakashian Margaret
Seller's Agent
Jo Jo Nash
Naples Luxury Real Estate Grou
Buyer's Agent
Sharon Kaltenborn
Premiere Plus Realty Company
List Price
$724,500
Sold Price
$707,000
Premium/Discount to List
-$17,500
-2.42%
Current Estimated Value
$1,899,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,192,773
Avg. Annual Appreciation
10.99%
Original Mortgage
$569,000
Outstanding Balance
$460,308
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
$1,439,465

Purchase Details

Listed on
May 28, 2016
Closed on
Oct 6, 2016
Sold by
Hetrick Frank Michael
Bought by
Hetrick Nash Jo Ellen
Seller's Agent
Jo Jo Nash
Naples Luxury Real Estate Grou
Buyer's Agent
Sharon Kaltenborn
Premiere Plus Realty Company
List Price
$724,500
Sold Price
$707,000
Premium/Discount to List
-$17,500
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Outstanding Balance
$460,308
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
$1,439,465

Purchase Details

Closed on
Nov 22, 2013
Sold by
Hetrick Frank Michael
Bought by
Hetrick Frank Michael and Nash Jo Ellen Hetrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2009
Sold by
Vereen Glenn L and Vereen Susana R
Bought by
Hetrick Frank Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Kennedy Gerard E and Kennedy Lorraine M
Bought by
Vereen Glenn L and Vereen Susana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2005
Sold by
Dati James D
Bought by
Kennedy Gerard E and Kennedy Lorraine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,800
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2003
Sold by
Dati Susan S and Dati James D
Bought by
Dati James D

Purchase Details

Closed on
Aug 3, 2001
Sold by
Pilington James H and Pilkington Patricia A
Bought by
Dati James D and Dati Susan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1999
Sold by
Klens Paul J and Klens Mary Eleanor
Bought by
Pilkington James H and Pilkington Patricia A

Purchase Details

Closed on
Dec 15, 1997
Sold by
Rowland Charles M and Seiff Charlene M
Bought by
Klens Paul J and Klens Mary Eleanor
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Karakashian Armen B $707,000 None Available
Hetrick Nash Jo Ellen $255,815 None Available
Hetrick Frank Michael $275,000 Attorney
Hetrick Frank Michael $480,000 Ross Title & Escrow Inc
Vereen Glenn L $737,500 Action Title Co
Kennedy Gerard E $606,000 Sunbelt Title Agency
Dati James D -- --
Dati James D $420,000 --
Pilkington James H $305,000 --
Klens Paul J $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karakashian Armen B $569,000
Previous Owner Hetrick Frank Michael $441,000
Previous Owner Hetrick Frank Michael $384,000
Previous Owner Vereen Glenn L $590,000
Previous Owner Kennedy Gerard E $484,800
Previous Owner Dati James D $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2016 10/07/16 Sold $707,000 -2.4% $201 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
08/05/2016 08/05/16 For Sale $724,500 +2.5% $206 / Sq Ft
08/02/2016 08/02/16 Off Market $707,000 -- --
07/26/2016 07/26/16 Price Changed $724,500 -2.0% $206 / Sq Ft
07/19/2016 07/19/16 For Sale $739,500 0.0% $211 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
06/20/2016 06/20/16 Price Changed $739,500 -2.6% $211 / Sq Ft
05/28/2016 05/28/16 For Sale $759,500 -- $216 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $6,658 $728,308 -- --
2024 $6,608 $707,782 -- --
2023 $6,608 $687,167 $0 $0
2022 $6,800 $667,152 $0 $0
2021 $6,875 $647,720 $0 $0
2020 $6,711 $638,777 $0 $0
2019 $6,585 $623,007 $0 $0
2018 $6,442 $611,391 $0 $0
2017 $6,351 $598,816 $276,705 $322,111
2016 $6,584 $575,552 $0 $0
2015 $6,008 $523,229 $0 $0
2014 $5,860 $499,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216036421

Naples Area Board of REALTORS®

APN: 60580001187

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