NOT LISTED FOR SALE

264 Madison Dr Naples, FL 34110

Estimated Value: $694,300 - $768,000

3 Beds
2 Baths
2,421 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $350,000 $145 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,368/month

51 Days on Market

About This Home

As of June 2016

Great opportunity to own in one of North Naples' most desired neighborhoods, Willoughby Acres! Enjoy an ideal east of Lakeland Ave. location near the cul-de-sac on quiet Madison Drive from this 1994 built concrete block home. 264 Madison is situated on a large lot with sunny southern exposure and provides 3 bedrooms, 2 bathrooms and a pool that was added in 2000. The soaring vaulted ceilings enhance this very open split bedroom floor plan with an abundance of natural light that also makes the home feel larger. The over-sized master suite offers dual walk-in closets, large bathroom layout and sliding glass doors open to the covered lanai and pool deck. With over 1,700 square feet of living space, laundry room inside and an extra deep 2-car garage, this home offers ample space for storage. Improvements include: oak floors, newer carpet, newer AC, plantation shutters, storm shutters and security system! Convenient North Naples location close to I-75, minutes from beaches, Mercato and much more.

Last Agent to Sell the Property

Alexander Daane

Daane Properties LLC License #NAPLES-249518438 Listed on: 03/15/2016

Last Buyer's Agent

Adam Ruud

KW Elevate Luxury License #NAPLES-251501650

KW Elevate Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,170

Year Built

  • 1994

Lot Details

  • 0.27

Interior Spaces

  • 2,421 Sq Ft Home
  • 1-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,170

Year Built

1994

Lot Details

0

Listing Details

  • Legal Description: MADISON MEADOWS LOT 16
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Additional Rooms: Family Room, Great Room, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Reverse Osmosis, Smoke Detector, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: High Speed Available, Pull Down Stairs, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Room Count: 10
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 203.61
  • Total Floors: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fruit Trees, Patio
  • Construction: Concrete Block
  • Exterior Features: Fruit Trees, Patio
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Vinyl
  • Storm Protection: Shutters
  • Windows: Single Hung, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Non-Gated
  • Sub Condo Name: WILLOUGHBY ACRES

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1
  • Pets: No Approval Needed
  • Development: Willoughby Acres

Schools

  • Elementary School: Veterans Memorial El
  • Middle School: North Naples Middle School
  • High School: Gulf Coast High School
  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Regular
  • Rear Exposure: South
  • View: Landscaped Area, Pool/Club
  • Lot Dimensions: 88 X 130
  • Lot Back: 88
  • Lot Frontage: 88
  • Lot Left: 130
  • Lot Right: 130
  • Lot Unit: 16
  • Section: 24
  • Total Area: 2421

Rental Info

  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2016
Closed on
Jun 20, 2016
Sold by
Olson Eric Steven
Bought by
Olancin Robert
Seller's Agent
Alexander Daane
Daane Properties LLC
Buyer's Agent
Adam Ruud
KW Elevate Luxury
List Price
$379,000
Sold Price
$350,000
Premium/Discount to List
-$29,000
-7.65%
Current Estimated Value
$722,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$372,575
Avg. Annual Appreciation
8.18%

Purchase Details

Listed on
Mar 30, 2015
Closed on
May 27, 2015
Sold by
Rodriguez Luis A and Rodriguez Kimberly A
Bought by
Olson Eric Steven
Seller's Agent
Peter Paddock
INACTIVE AGENT ACCT
Buyer's Agent
Arianne Taylor
John R Wood Properties
List Price
$334,900
Sold Price
$322,000
Premium/Discount to List
-$12,900
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$257,600
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Garcia Ivan and Lazaro Diana M
Bought by
Rodriguez Luis A and Rodriguez Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2003
Sold by
Arsenault Francis E and Arsenault Eleanor A
Bought by
Lazaro Garcia and Lazaro Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1994
Sold by
Collier Homes Inc
Bought by
Arsenault Francis E and Arsenault Eleanor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 1994
Sold by
Quinby Clyde C
Bought by
Collier Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.52%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Olancin Robert $350,000 None Available
Olson Eric Steven $322,000 Attorney
Rodriguez Luis A $410,000 --
Lazaro Garcia $245,900 --
Arsenault Francis E $32,000 --
Collier Homes Inc $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olson Eric Steven $257,600
Previous Owner Rodriguez Kimberly A $299,750
Previous Owner Rodriguez Luis A $328,000
Previous Owner Lazaro Garcia $196,000
Previous Owner Arsenault Francis E $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $350,000 -7.7% $145 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $379,000 +17.7% $157 / Sq Ft
05/27/2015 05/27/15 Sold $322,000 -3.9% $187 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $334,900 -- $195 / 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
2024 $5,170 $466,081 -- --
2023 $5,170 $423,710 $0 $0
2022 $5,288 $385,191 $0 $0
2021 $4,096 $350,174 $166,848 $183,326
2020 $4,019 $344,782 $0 $0
2019 $3,677 $313,438 $147,840 $165,598
2018 $3,758 $321,509 $162,624 $158,885
2017 $3,669 $311,165 $149,530 $161,635
2016 $3,198 $308,511 $0 $0
2015 $3,120 $246,315 $0 $0
2014 $2,856 $223,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216018187

Naples Area Board of REALTORS®

APN: 56320001704