NOT LISTED FOR SALE

240 Timber Lake Cir Unit 203 Naples, FL 34104

East Naples Neighborhood

Estimated Value: $242,491 - $276,000

2 Beds
2 Baths
1,240 Sq Ft
1990 Built

Last Sold November 08, 2017

Last sale price $139,000 $112 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,596/month

18 Days on Market

Highlights

  • Central Heating and Cooling System
  • Naples High School Rated A
  • 2 Ceiling Fans

About This Home

As of November 2017

Hidden Secret!! Turnkey furnished two bedroom, two bath on the second floor with western facing view over the lake from the screened in lanai. Very well maintained and clean. A/C is two years old, crown molding, fancy fans.
The buildings were just painted and also have new roofs, also the community pool and pool deck have been renovated. Investors delight!!

Last Agent to Sell the Property

Linda Brand

Brand And Associates Inc License #NAPLES-249510412 Listed on: 08/17/2017

Last Buyer's Agent

Andrew Occhipinti

Realty One Group MVP License #NAPLES-249512888

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,682

Year Built

  • 1990

Parking

  • Deeded Parking

Home Design

  • Tile

Interior Spaces

  • 1,240 Sq Ft Home
  • 2-Story Property
  • 2 Ceiling Fans
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Timber Lake Condos

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,682

Year Built

1990

Lot Details

0

Listing Details

  • Legal Description: TIMBER LAKE CLUB AT SUMERWOOD A CONDOMINIUM BLDG D-203
  • Street View Param: 1$26.1514177918243$-81.75239942931785$158.21$13.33$1.00$sp-ANJWc6PIYz3gPCt_bmQ
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1990

Interior Features

  • Additional Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Floor Plan: Great Room
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Room Count: 6
  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 2
  • Num Unit Floor: 2
  • Price Per Sq Ft: 120.87
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Storm Protection: Shutters Manual
  • Windows: Single Hung, Sliding
  • Roof: Tile

Garage/Parking

  • Parking: 2 Assigned

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: BBQ - Picnic, Clubhouse, Community Pool, Streetlight, Tennis Court, Underground Utility
  • Community Type: Non-Gated, Tennis
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Recreational Facilities, Street Lights, Water
  • Management Company Phone: 239 774-0723
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: TIMBER LAKE

Association/Amenities

  • Units in Building: 8
  • Total Number of Units: 60
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 20
  • Development: Timber Lake

Fee Information

  • Condo Fees: 1175
  • Condo Fee Frequency: Quarterly
  • 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

  • Rear Exposure: West
  • View: Lake
  • Waterfront: Lake
  • Lot Unit: 203
  • Section: 1
  • Total Area: 1240

Rental Info

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

Tax Info

  • Tax Description: County Only, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Occhipinti Thomas and Pinkhasov Rachel
Bought by
Destiny Home Properties Llc
Total Days on Market
18
Current Estimated Value
$259,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2020
Sold by
Destiny Home Properties Llc
Bought by
Pinkhasov Rachel and Occhipinti Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2017
Closed on
Dec 19, 2017
Sold by
Occhipinti Thomas and Pinkhasov Rachel
Bought by
Destiny Home Properties Llc
Seller's Agent
Linda Brand
Brand And Associates Inc
Buyer's Agent
Andrew Occhipinti
Realty One Group MVP
List Price
$144,900
Sold Price
$139,000
Premium/Discount to List
-$5,900
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 5, 2017
Sold by
Colonia Inc
Bought by
Occhipinti Thomas and Pinkhasov Rachel
Seller's Agent
Linda Brand
Brand And Associates Inc
Buyer's Agent
Andrew Occhipinti
Realty One Group MVP
List Price
$144,900
Sold Price
$139,000
Premium/Discount to List
-$5,900
-4.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2011
Sold by
Shanley Lawrence E and Shanley Sarah B
Bought by
Colonia Inc

Purchase Details

Closed on
Dec 17, 1997
Sold by
Olsen Barbara G
Bought by
Shanley Lawrence E and Shanley Sarah B
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
Destiny Home Properties Llc $89,000 None Available
Pinkhasov Rachel -- North American Title Company
Pinkhasov Rachel -- North American Title
Destiny Home Properties Llc -- Attorney
Occhipinti Thomas $139,000 Naples Title Inc
Colonia Inc $90,000 Attorney
Colonia Inc -- Attorney
Shanley Lawrence E $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pinkhasov Rachel $89,000
Previous Owner Occhipinti Thomas $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2017 11/08/17 Sold $139,000 -4.1% $112 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $144,900 -- $117 / 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 $1,682 $145,680 $0 $0
2022 $1,615 $132,436 $0 $0
2021 $1,375 $120,396 $0 $120,396
2020 $1,361 $120,396 $0 $120,396
2019 $1,334 $117,135 $0 $117,135
2018 $1,344 $117,135 $0 $117,135
2017 $1,246 $103,725 $0 $0
2016 $1,152 $94,295 $0 $0
2015 $1,031 $85,723 $0 $0
2014 -- $77,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217053151

Naples Area Board of REALTORS®

APN: 76835000623