NOT LISTED FOR SALE

Estimated Value: $7,369,227 - $7,754,000

5 Beds
6 Baths
7,388 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $3,000,000 $406 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $42,366/month

182 Days on Market

About This Home

As of May 2015

Situated on two lots in the exclusive Estates at Grey Oaks community, this exquisite home features modern styling and every imaginable upgrade in it’s 7,400 sq. ft. of living space. An entertainer’s paradise with five bedrooms, seven full and one half

Last Agent to Sell the Property

Fahada Saad

Compass Florida LLC License #NAPLES-594005882 Listed on: 10/14/2014

Compass Florida LLC

Last Buyer's Agent

Janice Fonda

Premier Sotheby's Intl. Realty License #NAPLES-594009824

Property Details

Home Type

Other

Est. Annual Taxes

$30,094

Year Built

1994

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1994

Interior Features

  • Additional Rooms: Exercise, Laundry in Residence, Screened Lanai/Porch, Guest Bath
  • Bedroom Description: First Floor Bedroom, Split Bedrooms, Master BR Ground, Master BR Sitting Area, Two Master Suites
  • Bedrooms and Dens: 5+Den
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop, Double Oven, Generator, Stand-Alone Ice Maker, Microwave, Refrigerator, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Warming Tray, Washer, Wine Cooler, Dryer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Foyer, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Bidet, Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Room Count: 12

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Fruit Trees, Water Display
  • Exterior Finish: Stucco
  • Irrigation: Reclaimed
  • Private Pool: Below Ground, Heated Gas, Screened
  • Private Spa: Below Ground, Heated Gas, Screened
  • Road: Cul-De-Sac
  • Roof: Tile
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Casement, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Circle Drive, Golf Cart

Utilities

  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heating: Central Electric, Zoned
  • Security: Monitored Alarm, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Bike And Jog Path, Clubhouse, Community Pool, Dog Park, Exercise Room, Fitness Center Attended, Golf Course, Play Area, Private Membership, Putting Green, Sidewalk, Streetlight, Tennis Court, Basketball, Underground Utility
  • Community Type: Golf Course, Golf Equity, Tennis
  • Maintenance: Cable, Manager, Security, Sewer, Street Lights, Street Maintenance

Fee Information

  • HOA Fees: 922.5
  • HOA Fee Frequency: Quarterly
  • Master HOA Fee: 1706
  • Master HOA Fee Frequency: Quarterly

Lot Info

  • Lot Description: Irregular Shape
  • Rear Exposure: South
  • View: Landscaped Area
  • Lot Dimensions: 179 X 195 X 187 X 236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2014
Closed on
May 8, 2015
Sold by
Erlenbach Michael R and Erlenbach Connie D
Bought by
Smith Benson F and Smith Linda G
Seller's Agent
Fahada Saad
Compass Florida LLC
Buyer's Agent
Janice Fonda
Premier Sotheby's Intl. Realty
List Price
$3,999,000
Sold Price
$3,000,000
Premium/Discount to List
-$999,000
-24.98%
Current Estimated Value
$7,510,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,510,409
Avg. Annual Appreciation
9.44%
Original Mortgage
$1,000,000
Outstanding Balance
$751,555
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,845,587

Purchase Details

Closed on
May 27, 2004
Sold by
Chambers David S G and Chambers Debra A
Bought by
Erlenbach Michael R and Erlenbach Connie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2002
Sold by
Chambers Debra A
Bought by
Chambers Debra A and Chambers David S G

Purchase Details

Closed on
Oct 18, 2000
Sold by
Chambers David S G and Chambers Debra A
Bought by
Chambers Debra A

Purchase Details

Closed on
Aug 17, 2000
Sold by
Homan Frank X and Homan Margo S
Bought by
Chambers David S G and Chambers Debra A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Benson F $3,000,000 Paradise Coast Title & Escro
Erlenbach Michael R $2,200,000 Action Title Co
Chambers Debra A -- --
Chambers Debra A -- --
Chambers David S G $2,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Benson F $1,000,000
Previous Owner Erlenbach Michael R $1,200,000
Previous Owner Chambers Debra A $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $3,000,000 -25.0% $406 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
10/14/2014 10/14/14 For Sale $3,999,000 -- $541 / 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 $30,094 $3,080,825 $0 $0
2022 $31,116 $2,991,092 $0 $0
2021 $31,509 $2,903,973 $0 $0
2020 $30,761 $2,863,879 $0 $0
2019 $30,287 $2,799,491 $672,090 $2,127,401
2018 $32,298 $2,989,718 $971,697 $2,018,021
2017 $29,197 $2,644,972 $663,993 $1,980,979
2016 $28,805 $2,612,509 $0 $0
2015 $23,179 $2,104,697 $0 $0
2014 $23,249 $2,037,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 214056423

Naples Area Board of REALTORS®

APN: 47790001301