NOT LISTED FOR SALE

2350 Hidden Lake Ct Unit 8506 Naples, FL 34112

East Naples Neighborhood

Estimated Value: $345,373 - $413,000

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. 11% decrease in value since last sale

Current estimated payment $2,797/month

85 Days on Market

Highlights

  • Water Views
  • Gated with Attendant
  • Maid or Guest Quarters
  • Calusa Park Elementary School Rated A-
  • Clubhouse
  • Recreation Room

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 Agent to Sell the Property

Bill Bruno

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

Berkshire Hathaway FL Realty

Last Buyer's Agent

Greg Williams

ERA Naples Realty Services License #597591509

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,509

Year Built

  • Built in 2006

HOA Fees

  • $544 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Views of Preserve
  • Woods

Home Design

  • Entry on the 2nd floor
  • Tile Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Indoor Grill
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

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

Additional Features

  • Screened Patio
  • East Facing Home

Listing and Financial Details

  • Tax Lot 8506
  • Assessor Parcel Number 56339002723

Community Details

Overview

  • Association fees include management, cable TV, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, road maintenance, sewer, street lights, trash, water
  • 144 Units
  • Association Phone (239) 596-7200
  • Magnolia Falls Subdivision

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

  • Gated with Attendant
  • 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

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: MAGNOLIA FALLS
  • Directions: Follow signs for Magnolia Falls-unit #6 directly behind #6 garage
  • Architectural Style: Other, Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 2006
  • Property Sub Type Additional: Condominium
  • Association Fee 3 Frequency: Quarterly
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Indoor Grill, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Interior Amenities: Living/Dining Room, Shower Only, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments, High Speed Internet
  • Living Area: 1351.0
  • Dining Room Type: Bathroom, Guest Quarters, Great Room, Recreation, Screened Porch
  • Stories: 1
  • Window Features: Casement Window(s), Sliding, Shutters, Window Coverings

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Preserve, Trees/Woods, Water
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File, Deed Restriction, Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: None, Other
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Detached, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Security Gate, Gated with Guard, Gated Community, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Utilities: Cable Available, High Speed Internet Available, Underground Utilities
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Gated, Street Lights
  • Amenities: Bocce Court, Clubhouse, Library, Pool, Putting Green(s), Storage, Sidewalks, Tennis Court(s), Management
  • Phone: (239) 596-7200
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 1631.0

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Road Maintenance, Sewer, Street Lights, Trash, Water

Schools

  • Elementary School: CALUSA PARK ELEMENTARY SCHOOL
  • High School: LELY HIGH SCHOOL
  • Middle Or Junior School: EAST NAPLES MIDDLE SCHOOL

Lot Info

  • Parcel #: 56339002723

Multi Family

  • Number Of Units In Community: 144

Tax Info

  • Tax Annual Amount: 2509.16
  • Tax Lot: 8506
  • 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
Current Estimated Value
$375,343

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
$126,156
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$249,187

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
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
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 List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $423,000 -2.7% $313 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $434,900 -- $322 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2025 $3,467 $317,220 -- $317,220
2024 $2,849 $344,240 -- $344,240
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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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223023179

Florida Gulf Coast Multiple Listing Service

APN: 56339002723