NOT LISTED FOR SALE

250 5th Ave S Unit 302 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $3,420,242 - $4,218,000

3 Beds
3.5 Baths
3,049 Sq Ft
$2,058/mo HOA Fee

Last Sold March 24, 2021

Last sale price $2,525,000 $828 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $24,726/month

250 Days on Market

Highlights

  • Marble Flooring
  • Outdoor Kitchen
  • Great Room
  • Lake Park Elementary School Rated A
  • End Unit
  • Community Pool or Spa Combo

About This Home

As of March 2021

Spectacular Villas Escalante Penthouse in Olde Naples - 2 blocks to beach! Villas Escalante is a single-level residence featuring windows on all fours sides allowing for brilliant light to flow throughout! A unique opportunity to own in a pet friendly residence. 2 blocks to the beach and steps from Fifth Avenue's trendy restaurants & charming boutiques. The 6 balconies and the additional 7th balcony-a spacious lanai all have wonderful vantage points to take in the tree top sights! Nestled amidst a lush, botanical setting, this home offers 3 en suite bedrooms, a powder room and separate laundry room all in an incredible floor plan with over 3,000 square feet under air. A private large 2-car garage with two secure elevators leads you right to your penthouse. Two grand living areas~A more formal living room with a fireplace and wet bar greets you as you enter the home plus a casual room that opens to the gourmet kitchen with Viking gas range and wine cooler! The serene courtyard has pool, spa, grill and al fresco dining area. You and your guests will enjoy the freedom and amenities of this spectacular location! Admired as one of the most prestigious locations in all of Olde Naples.

Last Agent to Sell the Property

Cyndi Myers

Coldwell Banker Res Referral License #NAPLES-082424316 Listed on: 06/14/2020

Coldwell Banker Res Referral

Co-Listed By

Sam Wells

Coldwell Banker Realty License #NAPLES-249520931

Last Buyer's Agent

Valerie Guido

Waterfront Realty Group Inc

Waterfront Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,989

Year Built

  • Built in 2007

Lot Details

  • End Unit
  • East Facing Home
  • Privacy Fence

HOA Fees

  • $2,058 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • 2 Parking Garage Spaces
  • Deeded Parking
  • Secure Parking

Home Design

  • Entry on the 3rd floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 3,049 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Formal Dining Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Attached Grill

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Air
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20933000128
  • Tax Block C

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Villas Escalante Condos

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Phone Entry
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,989

Year Built

Built in 2007

Lot Details

0

HOA Fees

$2,058 per month

Parking

2

Listing Details

  • Legal Description: VILLAS ESCALANTE A CONDOMINIUM UNIT C-6
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.140622$-81.803894$173.58$13.33$1.00$PwvCjDBpOnC3GIVIdl7Mww
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 828.14
  • Total Floors: 1
  • Additional Rooms: Balcony, Laundry in Residence
  • Estimated Living Area: 3049
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Formal
  • Elevator: Secured
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Fireplace, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Tray Ceiling, Walk-In Closet, Wet Bar
  • Kitchen: Gas Available, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement, Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: City, Landscaped Area
  • Exterior Features: Built In Grill, Outdoor Kitchen, Outdoor Shower, Patio, Privacy Wall
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Under Bldg Closed

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Gas - Propane, Zoned
  • Security: Alarm, Entry Phone, Secured Garage
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: VILLAS ESCALANTE
  • Condo Fees: 6174.5
  • Condo Fee Frequency: Quarterly
  • Maintenance: Fidelity Bond, Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Repairs, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Other: Breed Restrictions
  • Development: Olde Naples
  • Amenities: BBQ - Picnic, Community Pool, Community Spa/Hot tub
  • Community Type: Non-Gated
  • Units In Building: 4
  • Total Number of Units: 16

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 3881
  • Waterfront: No
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 20933000128

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 20989.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2020
Closed on
Mar 24, 2021
Sold by
Brainerd Mathew A and Brainerd Kathryn Boes
Bought by
Bettcher Barbara C and Bettcher Thomas E
Seller's Agent
Cyndi Myers
Coldwell Banker Res Referral
Buyer's Agent
Valerie Guido
Waterfront Realty Group Inc
List Price
$2,750,000
Sold Price
$2,525,000
Premium/Discount to List
-$225,000
-8.18%
Current Estimated Value
$3,856,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,331,311
Avg. Annual Appreciation
9.64%

Purchase Details

Listed on
Sep 25, 2014
Closed on
Apr 15, 2015
Sold by
Beretta Aldo
Bought by
Mathew A Brainerd Revocable Trust and Brainerd Kathryn Boes
Seller's Agent
Cristal Sanborn-O'Meara
William Raveis Real Estate
Buyer's Agent
Chip Harris
Coldwell Banker Realty
List Price
$2,590,000
Sold Price
$2,300,000
Premium/Discount to List
-$290,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.58%
Original Mortgage
$1,610,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2012
Sold by
Koon Dennis R
Bought by
Beretta Aldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2007
Sold by
Fl-3 Inc
Bought by
Koon Dennis R
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
Bettcher Barbara C $2,525,000 Attorney
Mathew A Brainerd Revocable Trust $2,300,000 Sunbelt Title Agency
Beretta Aldo $1,600,000 Attorney
Koon Dennis R $2,783,220 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathew A Brainerd Revocable Trust $1,610,000
Previous Owner Beretta Aldo $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2021 03/24/21 Sold $2,525,000 -8.2% $828 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
06/14/2020 06/14/20 For Sale $2,750,000 +19.6% $902 / Sq Ft
04/15/2015 04/15/15 Sold $2,300,000 -4.2% $754 / Sq Ft View Prior Sale
02/27/2015 02/27/15 Pending -- -- --
02/10/2015 02/10/15 Price Changed $2,400,000 -7.3% $787 / Sq Ft
09/25/2014 09/25/14 For Sale $2,590,000 -- $849 / 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 $29,798 $3,405,200 -- $3,405,200
2024 $28,782 $3,146,439 -- --
2023 $28,782 $2,860,399 $0 $0
2022 $25,500 $2,600,363 $0 $2,600,363
2021 $21,452 $2,090,600 $0 $2,090,600
2020 $21,069 $2,075,440 $0 $2,075,440
2019 $20,989 $2,045,120 $0 $2,045,120
2018 $20,640 $2,014,800 $0 $2,014,800
2017 $20,759 $2,014,800 $0 $2,014,800
2016 $20,020 $1,935,000 $0 $0
2015 $18,967 $1,783,200 $0 $0
2014 $15,554 $1,432,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220038043

Naples Area Board of REALTORS®

APN: 20933000128