NOT LISTED FOR SALE

Estimated Value: $6,830,000 - $8,014,000

4 Beds
6 Baths
4,349 Sq Ft
$1,658/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $6,850,000 $1,575 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $41,667/month

110 Days on Market

Highlights

  • In Ground Pool
  • Outdoor Fireplace
  • Great Room
  • Lake Park Elementary School Rated A
  • Main Floor Primary Bedroom
  • Screened Porch

About This Home

As of December 2022

Excellent value in the heart of Old Naples! New MHK designed Old Naples residence under construction by Waterside Builders. Thoughtfully designed this home features a great room concept with four bedrooms, a study, and multiple living areas including an attached guest suite over the garage. The kitchen and great room open to a generous outside living area through tall sliding glass doors that allow for effortless indoor/outdoor living. The outdoor area includes an impressive pool and spa, a summer kitchen, and an outdoor fireplace. The large master suite is located on the ground level and features a spacious master bathroom and two walk-in closets. The second floor features three bedrooms, each with en-suite bathrooms, and two bonus rooms. The significantly oversized two-car garage is accessible from the rear alley. Conveniently located just steps from Naples' renowned 5th Avenue South and the beach this home is luxurious Old Naples living at its best! Completion in 2021. The sale Price reflects the pre-construction Purchase Price for the property as of March 22, 2021.

Last Agent to Sell the Property

John Paul Prebish

William Raveis Real Estate Listed on: 12/05/2020

William Raveis Real Estate

Last Buyer's Agent

Margo Andrews

License #NAPLES-175515270

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,489

Year Built

  • Built in 2022

Lot Details

  • 7,497 Sq Ft Lot
  • Lot Dimensions: 50
  • South Facing Home
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Wood Frame Construction

Interior Spaces

  • 4,349 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Home Gym
  • High Impact Windows
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • In Ground Pool
  • In Ground Spa
  • Room in yard for a pool

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen

Utilities

  • Central Heating and Cooling System
  • Propane
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 19463000023

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,489

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Legal Description: SILVER PALMS LOT 1
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.143607$-81.803677$0.00$13.33$1.00$CAoSLEFGMVFpcE5qMW5CeTFaUFhKTnJkQXREdFlBYU1SUWtKdkFHcWYwbDNkWHE2
  • Building Design: Single Family
  • Building Description: 2 Story
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1575.07
  • Total Floors: 2
  • Additional Rooms: Exercise, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 4349
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Living Dining
  • Elevator: Private
  • Floor Plan: Great Room
  • Interior Amenities: Fireplace, Pantry, Walk-In Closet
  • Kitchen: Pantry
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Road: Paved Road
  • View: Landscaped Area
  • Exterior Features: Outdoor Fireplace, Outdoor Kitchen, Room for Pool
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: OLDE NAPLES
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: Yes
  • Section: 9
  • Total Area: 5641
  • Waterfront: No
  • Acres: 0.1721
  • Rear Exposure: South
  • Lot Dimensions: 50 X 150
  • Parcel Number: 19463000023

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County, New Construction
  • Taxes: 25489.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
Dec 22, 2022
Sold by
Cinzia Development Inc
Bought by
Silver Palms Lot 1 Llc
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
Margo Andrews
List Price
$6,499,000
Sold Price
$6,850,000
Premium/Discount to List
$351,000
5.4%
Current Estimated Value
$7,210,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,330
Avg. Annual Appreciation
1.70%
Source: Public Records
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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
Silver Palms Lot 1 Llc $6,850,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2022 12/22/22 Sold $6,850,000 -2.1% $1,575 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/13/2021 03/13/21 Price Changed $6,995,000 +7.6% $1,608 / Sq Ft
12/05/2020 12/05/20 For Sale $6,499,000 -- $1,494 / 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 $47,563 $5,739,562 -- --
2024 $52,523 $5,217,784 $2,745,000 $2,472,784
2023 $52,523 $5,675,848 $2,745,000 $2,930,848
2022 $16,049 $1,419,000 $0 $0
2021 $13,237 $1,290,000 $1,290,000 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220076309

Naples Area Board of REALTORS®

APN: 19463000023