NOT LISTED FOR SALE

240 Timber Lake Cir Unit 102 Naples, FL 34104

East Naples Neighborhood

Estimated Value: $246,000 - $268,000

2 Beds
2 Baths
1,161 Sq Ft
$400/mo HOA Fee

Last Sold October 26, 2022

Last sale price $220,000 $189 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,940/month

47 Days on Market

Highlights

  • Lake Front
  • Carriage House
  • Screened Porch
  • Naples High School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of October 2022

Welcome to Timber Lake, a hidden gem nestled amongst the trees just minutes to downtown Naples! With two bedrooms and two baths this condo offers plenty of room for relaxing in between shopping excursions and days at the beach. Enjoy the sunset and gorgeous lake view while sipping a cold beverage on the lanai. Walk to the community pool for a swim or the tennis court to play a few sets. A great opportunity for anyone looking to secure their own piece of Paradise.

Last Agent to Sell the Property

Angelina Libby

Premiere Plus Realty Company License #NAPLES-249526986 Listed on: 08/01/2022

Premiere Plus Realty Company

Last Buyer's Agent

Nick Arnes

John R Wood Properties License #NAPLES-249528683

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,340

Year Built

  • Built in 1990

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Carriage House
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,161 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • 3 Ceiling Fans
  • Jalousie or louvered window
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Shadowlawn Elementary School
  • East Naples Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 76835000526
  • Tax Block D
  • $1,000 Seller Concession

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Timber Lake Condos

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,340

Year Built

Built in 1990

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Legal Description: TIMBER LAKE CLUB AT SUMERWOOD A CONDOMINIUM BLDG D-102
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.150718$-81.751281$290.40$13.33$1.00$XtB_zkzHEmPdM-qGSRF26g
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 1
  • Price Per Sq Ft: 189.49
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1161
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Custom Mirrors, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Jalousie, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • View: Lake
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-591-4200
  • Approval: Application Fee, Interview
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Limited Number Vehicles, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: TIMBER LAKE
  • Condo Fees: 1200
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Street Lights, Street Maintenance, Trash Removal

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Weight: 20
  • Development: Timber Lake
  • Amenities: Clubhouse, Community Pool, Tennis Court
  • Community Type: Non-Gated
  • Units In Building: 8
  • Total Number of Units: 60

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: SHADOWLAWN ELEMENTARY SCHOOL
  • Middle School: EAST NAPLES MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Shadowlawn Elementary School
  • High School: Naples High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 102
  • Section: 1
  • Total Area: 1250
  • Waterfront: Yes
  • Rear Exposure: West
  • Parcel Number: 76835000526

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 1340.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2022
Closed on
Oct 26, 2022
Sold by
Harris Peter V and Harris Jody S
Bought by
Guzman Nathan
Seller's Agent
Angelina Libby
Premiere Plus Realty Company
Buyer's Agent
Nick Arnes
John R Wood Properties
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%
Total Days on Market
47
Views
2
Current Estimated Value
$252,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,544
Avg. Annual Appreciation
5.45%
Original Mortgage
$206,600
Outstanding Balance
$200,222
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$52,322

Purchase Details

Closed on
Oct 1, 2004
Sold by
Hinkley Amy Jo
Bought by
Harris Peter and Harris Jody S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 2003
Sold by
Lee Ladon G
Bought by
Hinkley Amy Jo
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
Guzman Nathan $220,000 --
Harris Peter $145,000 Alpha Title Services
Hinkley Amy Jo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Nathan $206,600
Previous Owner Harris Peter $81,750
Previous Owner Harris Peter $114,400
Closed Harris Peter $14,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $220,000 -15.1% $189 / Sq Ft
09/17/2022 09/17/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $259,000 -- $223 / 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 $1,475 $182,616 $0 $182,616
2022 $1,568 $129,136 $0 $0
2021 $1,340 $117,396 $0 $117,396
2020 $1,328 $117,396 $0 $117,396
2019 $1,300 $114,135 $0 $114,135
2018 $1,290 $111,169 $0 $0
2017 $1,219 $101,063 $0 $0
2016 $1,126 $91,875 $0 $0
2015 $1,006 $83,523 $0 $0
2014 $919 $75,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222058719

Naples Area Board of REALTORS®

APN: 76835000526