NOT LISTED FOR SALE

Estimated Value: $6,818,000 - $9,782,000

5 Beds
5.5 Baths
6,291 Sq Ft
$1,238/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $9,000,000 $1,431 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $46,846/month

91 Days on Market

Highlights

  • Community Beach Access
  • Home fronts a seawall
  • Fitness Center
  • Naples High School Rated A
  • Access to Bay or Harbor
  • Heated In Ground Pool

About This Home

As of July 2023

This exquisite Caribbean style waterfront home boasts wide water views and is one of the coveted “Nifty Fifty” that enjoys no bridges to the Gulf of Mexico! Situated on an oversized lot with 120 feet of water frontage and 24,000 lb boat lift! Masterfully crafted by Garrett Construction and impeccably maintained, this home is sure to impress even the most discriminating buyer. This home offers 5 bedrooms plus den, as well as an additional loft/living area on the second floor. The first floor owner's suite offers a separate sitting area to enjoy the sparkling water view as well as a large bathroom and separate workout area. The gourmet kitchen was renovated in 2017 with top of the line finishings and appliances. You’ll enjoy the Florida lifestyle watching sunsets and dolphins from your pool and lanai or you can hop on your boat or paddle board and enjoy the Gulf. This home offers character and craftsmanship that you don't see very often these days and has too many features to mention. Moorings is located just minutes to downtown Naples, restaurants, shopping, Coastland Town Center, golf courses, and more. Moorings residents may join the Moorings Private Beach - just a few blocks away!

Last Agent to Sell the Property

Mindy Sylvester

Realty One Group MVP License #249512144 Listed on: 03/06/2023

Last Buyer's Agent

Debbie Pappas-Burback

Compass Florida LLC License #249516427

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $43,630

Year Built

  • Built in 2004

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 81 x 160 x 120 x 160
  • Home fronts a seawall
  • Southeast Facing Home
  • Oversized Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 6,291 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Electric Shutters
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Screened Porch
  • Home Gym
  • Bay Views

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Burglar Security System
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Gas Heated Pool
  • Heated Spa

Outdoor Features

  • Access to Bay or Harbor
  • Screened Patio
  • Outdoor Fireplace

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 14
  • Assessor Parcel Number 12934080003

Community Details

Overview

  • No Home Owners Association
  • Moorings Subdivision

Recreation

  • Community Beach Access
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$43,630

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 81 x 160 x 120 x 160
  • Ownership: Single Family
  • Subdivision Name: MOORINGS
  • Architectural Style: Two Story, Traditional
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, Gas Heat
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Freezer, Gas Cooktop, Disposal, Microwave, Refrigerator, Separate Ice Machine, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Outside
  • Flooring: Carpet, Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Closet Cabinetry, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Kitchen Island, Main Level Primary, Pantry, Sitting Area in Primary, Separate Shower, Cable TV, Walk-In Closet(s), Loft, Split Bedrooms
  • Living Area: 6291.0
  • Dining Room Type: Bathroom, Den, Exercise Room, Family Room, Guest Quarters, Loft, Screened Porch
  • Stories: 2
  • Window Features: Single Hung, Impact Glass

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: Electric Heat, Gas Heat, Heated, In Ground
  • Pool Private: Yes
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay Access, Seawall
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Shutters Electric, Gas Grill
  • Patio And Porch Features: Lanai, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Burglar Alarm (Monitored), Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access, Fitness Center
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • High School: NAPLES HIGH SCHOOL
  • Middle Or Junior School: GULFVIEW MIDDLE SCHOOL

Lot Info

  • Parcel #: 12934080003

Tax Info

  • Tax Annual Amount: 43629.75
  • Tax Block: 14
  • Tax Lot: 9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jul 5, 2023
Sold by
Marion G Nelson Jr 2012 Declaration Of T and Donna D Nelson 2012 Declaration Of Trust
Bought by
Ravin Properties Llc
Seller's Agent
Mindy Sylvester
Realty One Group MVP
Buyer's Agent
Debbie Pappas-Burback
Compass Florida LLC
List Price
$12,000,000
Sold Price
$9,000,000
Premium/Discount to List
-$3,000,000
-25%
Views
94
Current Estimated Value
$7,785,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,214,275
Avg. Annual Appreciation
-6.21%
Original Mortgage
$4,000,000
Outstanding Balance
$3,885,687
Interest Rate
5.8%
Mortgage Type
New Conventional
Estimated Equity
$3,900,038

Purchase Details

Listed on
Jan 8, 2016
Closed on
Apr 5, 2016
Sold by
Weg Kenneth E and Weg Carol L
Bought by
Marion G Nelson Jr 2012 Declaration Of T
Seller's Agent
Michael Lawler
Douglas Elliman Florida,LLC
Buyer's Agent
Mindy Sylvester
Realty One Group MVP
List Price
$6,450,000
Sold Price
$6,400,000
Premium/Discount to List
-$50,000
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%

Purchase Details

Closed on
Apr 18, 2007
Sold by
Watson Gordon R and Watson Martha J
Bought by
Weg Kenneth E and Weg Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,275,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1999
Sold by
Ross John S and Ross Josephine J
Bought by
Watson Gordon R and Watson Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Ravin Properties Llc $9,000,000 None Listed On Document
Marion G Nelson Jr 2012 Declaration Of T $6,400,000 Attorney
Weg Kenneth E $5,700,000 Attorney
Watson Gordon R $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravin Properties Llc $4,000,000
Previous Owner Weg Kenneth E $4,275,000
Previous Owner Watson Gordon R $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2023 07/05/23 Sold $9,000,000 -25.0% $1,431 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $12,000,000 +87.5% $1,907 / Sq Ft
04/05/2016 04/05/16 Sold $6,400,000 -0.8% $835 / Sq Ft View Prior Sale
01/15/2016 01/15/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $6,450,000 -- $841 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $68,274 $6,187,362 $5,543,460 $643,902
2024 $57,999 $7,479,573 $5,543,460 $1,936,113
2023 $57,999 $4,912,103 $0 $0
2022 $50,920 $4,465,548 $0 $0
2021 $43,630 $4,059,589 $0 $0
2020 $40,232 $3,690,535 $0 $0
2019 $34,475 $3,355,032 $2,179,742 $1,175,290
2018 $41,454 $4,041,579 $3,079,870 $961,709
2017 $43,736 $4,239,667 $2,835,604 $1,404,063
2016 $29,394 $2,875,029 $0 $0
2015 $30,044 $2,855,044 $0 $0
2014 $30,158 $2,782,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222074852

Florida Gulf Coast Multiple Listing Service

APN: 12934080003