NOT LISTED FOR SALE

240 Palm River Blvd Unit C101 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $263,000 - $316,000

2 Beds
2 Baths
1,440 Sq Ft
$400/mo HOA Fee

Last Sold July 15, 2021

Last sale price $232,500 $161 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,144/month

4 Days on Market

Highlights

  • Two Primary Bedrooms
  • Carriage House
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Lanai
  • Eat-In Kitchen

About This Home

As of July 2021

Location, location, location! This two bedroom and two bathroom condo is located just minutes from Delnor-Wiggins State Park, Vanderbilt Beach, I-75 exit 111, hospitals, and shopping and dining at Mercato! The quaint neighborhood of River Royale at Palm River only has 16 units. The community pool is located directly across from the condo, which is convenient for relaxation in the sun! Enjoy morning coffee and evening barbecues on the back patio! Each bedroom has en-suite bathrooms, which is great for privacy when you have guests in town! The kitchen boasts tons of cabinet space for storage, a built in desk, and stainless steel appliances. This charming condo is ideal for seasonal or year round residents!

Last Agent to Sell the Property

Tiffany Zukowski

MVP Realty Associates LLC License #NAPLES-249527068 Listed on: 04/14/2021

MVP Realty Associates LLC

Last Buyer's Agent

Abisai Fraga

Downing Frye Realty Inc. License #BEAR-3392325

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1979

Lot Details

  • North Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Carriage House
  • Entry on the 1st floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • 4 Ceiling Fans
  • Single Hung Windows
  • Family or Dining Combination
  • Tile Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Lanai

Schools

  • Veterans Memorial El Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 69700360007
  • Tax Block C

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • River Royale Condos

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,498

Year Built

Built in 1979

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Legal Description: RIVER ROYALE APARTMENTS A CONDOMINIUM BLDG C-101
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27938243282531$-81.77821827808229$89.21$13.33$1.00$rsQruEv-rWqX-ogIAealwA
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 1
  • Price Per Sq Ft: 161.46
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 1440
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms, Two Master Suites
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dryer, Refrigerator/Freezer, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Foyer
  • Kitchen: Built-In Desk
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Landscaped Area
  • Exterior Features: Patio
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: Common

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-778-6733
  • Management: Residents
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: RIVER ROYALE
  • Condo Fees: 1200
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Palm River
  • Amenities: Community Pool
  • Community Type: Non-Gated
  • Units In Building: 4
  • Total Number of Units: 16

Schools

  • Elementary School: VETERANS MEMORIAL EL
  • Middle School: NORTH NAPLES MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 101
  • Section: 23
  • Total Area: 1440
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Dead End
  • Parcel Number: 69700360007

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 1498.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jun 28, 2021
Sold by
Lovo Bruno
Bought by
Dunn Tracy Paul and Bianchini Joannie
Seller's Agent
Tiffany Zukowski
MVP Realty Associates LLC
Buyer's Agent
Abisai Fraga
Downing Frye Realty Inc.
List Price
$250,000
Sold Price
$232,500
Premium/Discount to List
-$17,500
-7%
Current Estimated Value
$286,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,334
Avg. Annual Appreciation
5.10%
Original Mortgage
$204,600
Outstanding Balance
$185,643
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,191

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 2, 2018
Sold by
Palm Blvd Llc
Bought by
Lovo Bruno
Seller's Agent
Keith Goodman
Bella Vita Realty, LLC
Buyer's Agent
Richard Hogue
Premiere Plus Realty Company
List Price
$184,900
Sold Price
$175,000
Premium/Discount to List
-$9,900
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Apr 25, 2014
Sold by
Jfp I Properties Llc
Bought by
Palm Blvd Llc

Purchase Details

Listed on
Jan 19, 2012
Closed on
Jun 2, 2012
Sold by
Houghland William and Houghland Jane E
Bought by
Jfp-I Properties Llc
Seller's Agent
Jody Statile
Sun Realty
Buyer's Agent
Rich Henderlong
ARC Realty Advisors, Inc.
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
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
Dunn Tracy Paul $232,500 North American Title Company
Lovo Bruno $175,000 Tropical Title
Palm Blvd Llc $167,800 Paradise Coast Title & Escro
Jfp-I Properties Llc $90,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dunn Tracy Paul $204,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $232,500 -7.0% $161 / Sq Ft
04/18/2021 04/18/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $250,000 +42.9% $174 / Sq Ft
11/02/2018 11/02/18 Sold $175,000 -5.4% $122 / Sq Ft View Prior Sale
10/27/2018 10/27/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $184,900 +105.4% $128 / Sq Ft
06/06/2012 06/06/12 Sold $90,000 0.0% $59 / Sq Ft View Prior Sale
05/07/2012 05/07/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $90,000 -- $59 / 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
2025 $2,685 $252,000 -- $252,000
2024 $2,605 $251,559 -- --
2023 $2,605 $228,690 $0 $0
2022 $2,199 $207,900 $0 $207,900
2021 $1,559 $141,120 $0 $141,120
2020 $1,498 $136,800 $0 $136,800
2019 $1,510 $136,800 $0 $136,800
2018 $1,477 $133,920 $0 $133,920
2017 $1,522 $136,800 $0 $136,800
2016 $1,510 $134,640 $0 $0
2015 $1,384 $122,400 $0 $0
2014 -- $95,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221027416

Naples Area Board of REALTORS®

APN: 69700360007