$3,887,500
SOLD SEP 8, 2016
0.33 Acre
$11,780,303 Price per Acre
14,375 Sq Ft Lot

Recently Sold

$990 Per Sq Ft

18% Below List Price

165 Days on Market

Highlights

  • Deeded Boat Dock
  • Boating
  • Boat Lift
  • Lake Park Elementary School Rated A
  • Water access To Gulf or Ocean
  • Property Fronts a Bay or Harbor

About This Lot

As of September 2016

An extraordinary property with sweeping wide water views of Aqua Cove. Offers direct no-bridge access to the Gulf of Mexico and Ten-Thousand Islands. MHK Architecture has begun working on the conceptual drawings, which will be available with purchase. This property is close to the sandy white beaches and just moments away from 3rd Street South's art galleries, boutiques and bistros. A spectacular place to build your dream home!

Last Agent to Sell the Property

Timothy Savage

Gulf Coast International Prop License #NAPLES-249510591 Listed on: 01/28/2016

Last Buyer's Agent

Toby Cloutier

London Bay Realty Inc. License #NAPLES-249522475

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,420

Lot Details

  • 0.33 Acre Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Cleared Lot

Additional Features

  • Bay Views
  • Cable TV Available

Listing and Financial Details

  • Tax Block 9

Community Details

Recreation

  • Boating
  • Water access To Gulf or Ocean
  • Boat Lift
  • Manual Hoist or Boat Lift
  • Deeded Boat Dock
  • Dock has access to electricity

Additional Features

  • Aqualane Shores Condos
  • Door to Door Trash Pickup

Property Details

Property Type

Land

Est. Annual Taxes

$25,420

Lot Details

0

Listing Details

  • Legal Description: AQUALANE SHORES UNIT 4 BLK 9 LOT 21
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Canal Width: Canal Width 151-200
  • Gulf Access Type: No Bridge(s)
  • Gulf Access Yn: Yes
  • Waterfront Description: Bay
  • Boat Access: Boat Dock Private, Boat Lift, Dock Deeded, Elec Avail At Dock, Hoist/Davit
  • Irrigation: Central
  • Road: City Maintained
  • View: Bay

Utilities

  • Utilities Available: Cable, Electric, Phone Line, Sewer, Trash Removal, Water
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Sub Condo Name: AQUALANE SHORES

Association/Amenities

  • Development: Aqualane Shores
  • Community Type: Boating

Lot Info

  • Lot Back: 95
  • Lot Frontage: 88
  • Lot Left: 169
  • Lot Right: 160
  • Lot Unit: 21
  • Price Per Acre: 11780303.03
  • Section: 9
  • Acres: 0.3300
  • Waterfront: Yes
  • Land Improvements: Cleared
  • Land Use Code: 00-Vacant Residential
  • Lot Description: Regular
  • Lot Type: Residential Lot
  • Rear Exposure: E
  • Usage: Single Family

Tax Info

  • Taxes: 25419.91
  • Tax Year: 2015
  • Tax Description: City And County, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Sep 9, 2016
Sold by
Keys Carol R and Keys George W
Bought by
Ball F S and Ball Lorrie S
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Toby Cloutier
London Bay Realty Inc.
List Price
$4,750,000
Sold Price
$3,887,500
Premium/Discount to List
-$862,500
-18.16%
Current Estimated Value
$7,221,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,334,040
Avg. Annual Appreciation
7.97%
Interest Rate
3.44%

Purchase Details

Listed on
Jan 28, 2016
Closed on
Sep 1, 2016
Bought by
Lorrie Ball F and Lorrie Sue
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Toby Cloutier
London Bay Realty Inc.
List Price
$4,750,000
Sold Price
$3,887,500
Premium/Discount to List
-$862,500
-18.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.44%

Purchase Details

Listed on
May 5, 2015
Closed on
Nov 4, 2015
Sold by
Pohlmann Herbert Charles
Bought by
Keys George Wilton and Keys Carol Riach
Seller's Agent
Martha Kelly
Downing Frye Realty Inc.
Buyer's Agent
Timothy Savage
Gulf Coast International Prop
List Price
$4,650,000
Sold Price
$3,750,000
Premium/Discount to List
-$900,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%

Purchase Details

Listed on
Dec 31, 2013
Closed on
Apr 16, 2014
Sold by
Wise Helene N and Wise Kevin J
Bought by
Pohlmann Herbert Charles
Seller's Agent
James E Forrest
The Forrest Co Realty of Naple
Buyer's Agent
Martha Kelly
Downing Frye Realty Inc.
List Price
$3,495,000
Sold Price
$3,075,000
Premium/Discount to List
-$420,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.66%
Original Mortgage
$1,995,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 3, 2005
Sold by
Buffington Alan R and Buffington Katherine E
Bought by
Wise Helene N

Purchase Details

Closed on
Oct 4, 2004
Sold by
Wilson Gary K
Bought by
Buffington Alan R and Buffington Katherine E
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 Type Sale Price Title Company
Deed -- --
Deed $3,887,500 --
Warranty Deed $3,750,000 Attorney
Warranty Deed $3,075,000 Warranty Title Solutions Llc
Warranty Deed $2,970,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Previous Owner $1,995,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,995,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Unknown
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,000,000 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $3,887,500 -18.2% $990 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $4,750,000 +26.7% $1,209 / Sq Ft
11/04/2015 11/04/15 Sold $3,750,000 -19.4% $1,067 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $4,650,000 +51.2% $1,323 / Sq Ft
04/17/2014 04/17/14 Sold $3,075,000 -3.8% $840 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/10/2014 03/10/14 Price Changed $3,195,000 -8.6% $873 / Sq Ft
12/31/2013 12/31/13 For Sale $3,495,000 -- $955 / 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 $50,596 $5,437,815 $0 $0
2022 $52,024 $5,279,432 $0 $0
2021 $53,038 $5,125,662 $0 $0
2020 $51,760 $5,054,893 $3,076,207 $1,978,686
2019 $22,642 $2,206,104 $2,156,220 $49,884
2018 $27,385 $2,673,167 $2,625,480 $47,687
2017 $33,703 $3,271,001 $3,224,628 $46,373
2016 $26,098 $2,522,485 $0 $0
2015 $25,420 $2,389,853 $0 $0
2014 $20,836 $1,935,755 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216006769

Naples Area Board of REALTORS®

APN: 01880960000