NOT LISTED FOR SALE

Estimated Value: $1,872,000 - $2,314,000

3 Beds
3 Baths
2,350 Sq Ft
1987 Built

Last Sold January 30, 2017

Last sale price $885,000 $377 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $12,690/month

56 Days on Market

About This Home

As of January 2017

C.12794 - Live in the heart of Old Naples 2 blocks from the beautiful sugar sand beaches of Naples. Enjoy walks on the beach or walks to dinner only a block to the Fifth Avenue's Dining District. Cool off in the community pool just steps away or relax in the large screened lanai with lush landscape views. The bright interior overflows with natural light making it perfect for entertaining family and friends. Palm Court is an intimate setting with just 17 owners which lends itself to a private, neighborly feel. Whether seasonal or year-round resident, this home offers a great opportunity to live in paradise.

Last Listed By

Suzanne Klym

John R Wood Properties License #NAPLES-249521254 Listed on: 10/20/2016

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,251

Year Built

  • 1987

Interior Spaces

  • 2,350 Sq Ft Home
  • 2-Story Property
  • 3 Ceiling Fans

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Palm Court Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,251

Year Built

1987

Lot Details

0

Listing Details

  • Legal Description: PALM COURT A CONDOMINIUM UNIT 6
  • Street View Param: 1$26.139641$-81.80339100000003$209.81$13.33$1.00$eh8NzZnoUHigzlrWpDDDCA
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1987

Interior Features

  • Additional Rooms: Laundry in Residence, Open Porch/Lanai
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Dining Room: Family Dining
  • Equipment: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Smoke Detectors, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Tub Only
  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 1
  • Price Per Sq Ft: 453.85
  • Total Floors: 2

Exterior Features

  • Roof: Metal
  • Exterior Features: Patio
  • Construction: Wood Frame
  • Exterior Features: Patio
  • Exterior Finish: Vinyl Siding
  • Road: Alley
  • Windows: Casement, Picture, Skylight

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 1
  • Parking: Covered

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Heat Pump
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Community Pool, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Maintenance: Cable, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Trash Removal
  • Management Company Phone: 239-514-1191
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Limited Number Vehicles, No Commercial, No Motorcycles, No RV
  • Sub Condo Name: PALM COURT

Association/Amenities

  • Units in Building: 2
  • Total Number of Units: 17
  • Pets: With Approval
  • Development: Olde Naples

Fee Information

  • Condo Fees: 2637
  • Condo Fee Frequency: Quarterly
  • Application Fee: 100.00

Schools

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

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: South
  • Lot Unit: 6
  • Section: 4
  • Total Area: 2350

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jan 30, 2017
Sold by
Silverman Pamela K
Bought by
Hyatt Gary L and Hyatt Elizabeth M
Seller's Agent
Suzanne Klym
John R Wood Properties
Buyer's Agent
Teddianne Wantz
Alfred Robbins Referral Group
List Price
$885,000
Sold Price
$885,000
Total Days on Market
56
Current Estimated Value
$2,119,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,234,622
Avg. Annual Appreciation
10.81%
Original Mortgage
$4,214,000
Outstanding Balance
$3,556,131
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
-$1,479,295

Purchase Details

Closed on
Jul 1, 2016
Bought by
Robert E Silverman Rev Trust

Purchase Details

Closed on
Feb 1, 2015
Bought by
Robert E Silverman Rev Trust

Purchase Details

Closed on
Jun 28, 2013
Sold by
Silverman Margaret Marion and Silverman Margaret
Bought by
Silverman Robert E

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
Hyatt Gary L $885,000 Attorney
Hyatt Gary L -- Attorney
Robert E Silverman Rev Trust $100 --
Robert E Silverman Rev Trust $100 --
Silverman Robert E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyatt Gary L $150,000
Open Hyatt Gary L $4,214,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $885,000 0.0% $377 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $885,000 -- $377 / 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 $11,251 $1,029,105 $0 $0
2022 $11,015 $935,550 $0 $0
2021 $8,727 $850,500 $0 $850,500
2020 $8,040 $792,000 $0 $792,000
2019 $8,128 $792,000 $0 $792,000
2018 $8,113 $792,000 $0 $792,000
2017 $8,562 $831,000 $0 $831,000
2016 $2,606 $289,713 $0 $0
2015 $2,660 $287,699 $0 $0
2014 $2,668 $234,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216065940

Naples Area Board of REALTORS®

APN: 15450240007