NOT LISTED FOR SALE

2350 Hidden Lake Ct Unit 8501 Naples, FL 34112

Estimated Value: $421,885 - $447,000

3 Beds
2 Baths
1,573 Sq Ft
$481/mo HOA Fee

Last Sold November 22, 2022

Last sale price $390,000 $248 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,085/month

3 Days on Market

Highlights

  • View of Trees or Woods
  • Clubhouse
  • Community Pool
  • Calusa Park Elementary School Rated A-
  • Lanai
  • Community Basketball Court

About This Home

As of November 2022

Desirable first floor condo in the beautiful lush Magnolia Falls subdivision located in Falling Waters gated community. This condo has so much potential! Freshly painted the space feels clean and inviting! With old carpets already removed it makes it easy to add whatever floors you desire! This is a flippers dream, with a deep cleaning already performed you can get to work right away on making this unit a rental income property or a primary home! Falling Waters offers lots of amenities as well as activities for residents to enjoy and socialize. From the gorgeous resort style pool and spa to the clay tennis and bocce ball courts, shuffle board and a putting green there is plenty to enjoy! Located just a short drive to Naples finest white sand beaches, world class shopping and dining this location is fantastic!!

Last Agent to Sell the Property

Frank Procopio

William Raveis Real Estate License #NAPLES-639089267 Listed on: 09/14/2022

William Raveis Real Estate

Co-Listed By

Tricia Kowaleski

Compass Florida LLC License #NAPLES-637567023

Last Buyer's Agent

Frank Procopio

William Raveis Real Estate License #NAPLES-639089267 Listed on: 09/14/2022

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,196

Year Built

  • Built in 2006

Lot Details

  • West Facing Home
  • Sprinkler System

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,573 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Storage
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Schools

  • Calusa Park Elementary School
  • East Naples Middle School
  • Lely High School

Additional Features

  • Lanai
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 56339002626

Community Details

Overview

  • 14 Units
  • Low-Rise Condominium
  • Magnolia Falls Condos
  • Falling Waters Community

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Bocce Ball Court
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,196

Year Built

Built in 2006

Lot Details

0

HOA Fees

$481 per month

Parking

1

Listing Details

  • Legal Description: MAGNOLIA FALLS A CONDOMINIUM UNIT 8501
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.130929$-81.724959$339.01$13.33$1.00$CAoSLEFGMVFpcE04eUloQVhIM3lOdTAwNU9TQ09QTDZiX1ZyZUNiZW5tS1liVlVk
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Year Built: 2006
  • Property Information: Desirable first floor condo in the beautiful lush Magnolia Falls subdivision located in Falling Waters gated community. This condo has so much potential! Freshly painted the space feels clean and inviting! With old carpets already removed it makes it easy to add whatever floors you desire! This is a flippers dream, with a deep cleaning already performed you can get to work right away on making this unit a rental income property or a primary home! Falling Waters offers lots of amenities as well as activities for residents to enjoy and socialize. From the gorgeous resort style pool and spa to the clay tennis and bocce ball courts, shuffle board and a putting green there is plenty to enjoy! Located just a short drive to Naples finest white sand beaches, world class shopping and dining this location is fantastic!!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 247.93
  • Total Floors: 1
  • Additional Rooms: Open Porch/Lanai
  • Estimated Living Area: 1573
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Washer
  • Flooring: Concrete, Tile
  • Floor Plan: Other, Split Bedrooms
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Wooded Area
  • Exterior Features: Sprinkler Auto, Storage
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 2 Assigned

Utilities

  • Cable Available: No
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-514-7432
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV, No Truck
  • Sub Condo Name: MAGNOLIA FALLS
  • Condo Fees: 1444
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Pest Control Exterior, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Development Name: FALLING WATERS

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Development: Falling Waters
  • Amenities: Basketball, Bocce Court, Clubhouse, Community Pool
  • Community Type: Gated
  • Units In Building: 14
  • Total Number of Units: 144

Schools

  • Elementary School: CALUSA PARK ELEMENTARY SCHOOL
  • Middle School: EAST NAPLES MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Calusa Park Elementary School
  • High School: Lely High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: Yes
  • Lot Unit: 8501
  • Section: 8
  • Total Area: 2104
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 56339002626

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 2195.97
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 21, 2022
Sold by
Maryann Brown 2008 Revocable Trust
Bought by
Dougherty Jennifer and Dougherty Robert
Seller's Agent
Frank Procopio
William Raveis Real Estate
Buyer's Agent
Frank Procopio
William Raveis Real Estate
List Price
$399,995
Sold Price
$390,000
Premium/Discount to List
-$9,995
-2.5%
Views
4
Current Estimated Value
$433,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,971
Avg. Annual Appreciation
4.23%
Original Mortgage
$312,000
Outstanding Balance
$304,360
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$129,611

Purchase Details

Closed on
Mar 25, 2009
Sold by
Brown William L and Brown Mary Ann
Bought by
Mary Ann Brown 2008 Revocable Trust

Purchase Details

Closed on
Jun 19, 2006
Sold by
Bayswater Falling Waters Llc
Bought by
Brown William L and Brown Mary Ann
Source: Public Records

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Range of Values:

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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
Dougherty Jennifer $390,000 Sunbelt Title
Mary Ann Brown 2008 Revocable Trust -- None Available
Brown William L $312,876 Beachfront Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dougherty Jennifer $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $390,000 -2.5% $248 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $399,995 -- $254 / 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 $3,611 $350,195 $0 $350,195
2022 $2,659 $220,366 $0 $0
2021 $2,287 $200,333 $0 $200,333
2020 $2,312 $204,490 $0 $204,490
2019 $2,329 $204,490 $0 $204,490
2018 $2,325 $204,490 $0 $204,490
2017 $2,271 $198,198 $0 $198,198
2016 $2,170 $188,595 $0 $0
2015 $2,001 $171,450 $0 $0
2014 $1,876 $159,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222066464

Naples Area Board of REALTORS®

APN: 56339002626