NOT LISTED FOR SALE

2350 Hidden Lake Ct Unit 8506 Naples, FL 34112

Estimated Value: $395,283 - $425,000

2 Beds
2 Baths
1,351 Sq Ft
$544/mo HOA Fee

Last Sold June 30, 2023

Last sale price $423,000 $313 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,051/month

35 Days on Market

Highlights

  • Water Views
  • 24-Hour Guard
  • Recreation Room
  • Calusa Park Elementary School Rated A-
  • Clubhouse
  • Vaulted Ceiling

About This Home

As of June 2023

Looking for a peaceful oasis close to town and the Gulf? Look no further than this Magnolia Falls condo in Falling Waters! With its open concept design and tranquil atmosphere, you'll feel like you've found your own personal paradise. You'll be greeted by soaring vaulted ceilings, luxury vinyl plank, ample sized bedrooms, and neutral tones throughout, creating a welcoming and modern feel. With 2 beds, 2 full baths this 1351 sq. ft. well maintained top floor unit boasts a new roof, oversized lanai, laundry room, separate garage for extra storage and is handsomely designed, furnished and turnkey ready for your convenience. Nestled in a lush tropical landscape, this resort-style community offers an unparalleled living experience. From the stunning waterfalls and tranquil streams to the immaculate grounds with onsite amenities like a clubhouse, large pool and sundeck, clay tennis courts, bocce ball, putting green and a full social calendar, you'll never run out of things to do. As a gated community, you'll enjoy privacy and security, while still being close to all that Naples has to offer.

Last Listed By

Bill Bruno

Berkshire Hathaway FL Realty License #NAPLES-249523669 Listed on: 04/06/2023

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 2006

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $544 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

  • Water
  • Views of Preserve
  • Woods

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,351 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Combination Dining and Living Room
  • Recreation Room
  • Screened Porch

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56339002723

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Library
  • Community Storage Space

Recreation

  • Tennis Courts
  • Bocce Ball Court
  • Community Pool
  • Putting Green

Pet Policy

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

Security

  • 24-Hour Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,509

Year Built

Built in 2006

Lot Details

0

HOA Fees

$544 per month

Parking

1

Listing Details

  • Legal Description: MAGNOLIA FALLS A CONDOMINIUM UNIT 8506
  • 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, Other
  • Storm Protection: Shutters
  • Year Built: 2006
  • Directions: Follow signs for Magnolia Falls-unit #6 directly behind #6 garage
  • Property Information: Looking for a peaceful oasis close to town and the Gulf? Look no further than this Magnolia Falls condo in Falling Waters! With its open concept design and tranquil atmosphere, you'll feel like you've found your own personal paradise. You'll be greeted by soaring vaulted ceilings, luxury vinyl plank, ample sized bedrooms, and neutral tones throughout, creating a welcoming and modern feel. With 2 beds, 2 full baths this 1351 sq. ft. well maintained top floor unit boasts a new roof, oversized lanai, laundry room, separate garage for extra storage and is handsomely designed, furnished and turnkey ready for your convenience. Nestled in a lush tropical landscape, this resort-style community offers an unparalleled living experience. From the stunning waterfalls and tranquil streams to the immaculate grounds with onsite amenities like a clubhouse, large pool and sundeck, clay tennis courts, bocce ball, putting green and a full social calendar, you'll never run out of things to do. As a gated community, you'll enjoy privacy and security, while still being close to all that Naples has to offer.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 313.10
  • Total Floors: 1
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Recreation, Screened Lanai/Porch
  • Estimated Living Area: 1351
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile, Vinyl
  • Floor Plan: 2 Story
  • Interior Amenities: Cable Prewire, Internet Available, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • View: Preserve, Water Feature, Wooded Area
  • Exterior Features: Other
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 2+ Spaces, Driveway Paved, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Assessment Paid
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: (239) 596-7200
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, Limited Number Vehicles, No Commercial
  • Sub Condo Name: MAGNOLIA FALLS
  • Condo Fees: 1631
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, 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: Bocce Court, Clubhouse, Community Pool, Community Room, Extra Storage, Internet Access, Library, Putting Green, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated
  • Units In Building: 12
  • Total Number of Units: 144

Fee Information

  • Application Fee: 150.00

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: No
  • Lot Unit: 8506
  • Section: 8
  • Total Area: 1943
  • Waterfront: No
  • Rear Exposure: West
  • Parcel Number: 56339002723

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 6
  • Min Days Of Lease: 28

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 2509.16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2017
Sold by
Goedett John C and The Coquina Sands Land Trust
Bought by
Teresi Ross J and Teresi Shannon L
Total Days on Market
35
Current Estimated Value
$409,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$127,921
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$281,650

Purchase Details

Closed on
Jul 19, 2017
Sold by
Goede John C
Bought by
Vacca Rex

Purchase Details

Closed on
Nov 11, 2013
Sold by
Goede John C
Bought by
Goede John C

Purchase Details

Closed on
Sep 12, 2012
Sold by
Colhoun Eric and Colhoun Noreen
Bought by
Goede Esq John C

Purchase Details

Closed on
Jun 23, 2006
Sold by
Bayswater Falling Waters Llc
Bought by
Colhoun Eric and Colhoun Noreen

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
Teresi Ross J $200,000 Attorney
Vacca Rex $195,000 Florida Universal Title Llc
Goede John C -- Attorney
Goede Esq John C -- Attorney
Colhoun Eric $218,202 Beachfront Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teresi Ross J $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $423,000 -0.9% $313 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
04/21/2023 04/21/23 Price Changed $426,900 -1.8% $316 / Sq Ft
04/06/2023 04/06/23 For Sale $434,900 -- $322 / 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 $2,849 $234,781 $0 $0
2022 $2,509 $213,437 $0 $0
2021 $2,216 $194,034 $0 $194,034
2020 $2,158 $190,789 $0 $190,789
2019 $2,112 $185,385 $0 $185,385
2018 $2,108 $185,385 $0 $185,385
2017 $2,125 $185,385 $0 $185,385
2016 $2,040 $168,868 $0 $0
2015 $1,844 $153,516 $0 $0
2014 $1,647 $139,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Naples Area Board of REALTORS®

MLS Number: 223023179

Naples Area Board of REALTORS®

APN: 56339002723