NOT LISTED FOR SALE

Estimated Value: $1,116,000 - $1,257,623

0.29 Acre
$4,067,779 Price per Acre
12,632 Sq Ft Lot

Last Sold September 11, 2018

Last sale price $200,000

Est. 500% increase in value since last sale

Current estimated payment $6,978/month

216 Days on Market

Highlights

  • Lake Front
  • Veterans Memorial Elementary School Rated A
  • Rectangular Lot

About This Lot

As of September 2018

Wow! This is your opportunity to build your dream home in paradise on .29 acres of land with a lake view, close to the beach. This eastern exposure residential lot is perfect if you like a bright & sunny home in the morning. Horse Creek is a hidden jewel; a beautiful & well maintained community tucked inside Palm River in North Naples. Quiet and serene comes to mind. This is your moment to be creative and design a home in paradise that is perfect for you & your family. Why buy a cookie cutter home in a development when you have an opportunity to build your own home that fits you, your family & your lifestyle?

Last Agent to Sell the Property

Robert Nardi

WeichertRealtors-ParadiseHomes License #249512816 Listed on: 02/06/2018

Last Buyer's Agent

Craig Palmer

John R Wood Properties License #249518837

John R Wood Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,238

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90 x 140 x 90 x 140
  • Lake Front
  • West Facing Home
  • Rectangular Lot

HOA Fees

  • $175 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include cable TV, water
  • Horse Creek Estates Subdivision

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 50940010427

Property Details

Property Type

Land

Est. Annual Taxes

$1,238

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.29
  • Lot Size: 90 x 140 x 90 x 140
  • Subdivision Name: HORSE CREEK ESTATES
  • Directions: Heading east on Immokalee Rd., make a left on to Palm River Blvd. Turn left on Viking Way. Take the first right on Cypress Way W. Turn left on Saddlebrook Lane and then make the 1st Left on Saddlebrook Lane. Lot will be on your left side.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Direction Faces: West

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Association #2 Fee: 524.0
  • Association #2 Fee Frequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Water

Lot Info

  • Current Use: Single Family
  • Parcel #: 50940010427
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1237.82
  • Tax Block: 0
  • Tax Lot: 54
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Sep 11, 2018
Sold by
Rynalski Cynthia Chang
Bought by
Pettit Eileen P and Manzione Anne Maria
Seller's Agent
Robert Nardi
WeichertRealtors-ParadiseHomes
Buyer's Agent
Craig Palmer
John R Wood Properties
List Price
$224,900
Sold Price
$200,000
Premium/Discount to List
-$24,900
-11.07%
Current Estimated Value
$1,200,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000,648
Avg. Annual Appreciation
27.39%

Purchase Details

Closed on
May 25, 2005
Sold by
Horse Creek Partners Ltd
Bought by
Rynalski Cynthia Chang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Pettit Eileen P $200,000 Attorney
Rynalski Cynthia Chang $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rynalski Cynthia Chang $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2018 09/11/18 Sold $200,000 -11.1% --
09/11/2018 09/11/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $224,900 -- --
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 $6,367 $658,784 -- --
2024 $6,309 $640,218 -- --
2023 $6,309 $621,571 $0 $0
2022 $6,197 $603,467 $0 $0
2021 $6,270 $585,890 $0 $0
2020 $6,125 $577,801 $138,033 $439,768
2019 $1,775 $141,120 $141,120 $0
2018 $1,261 $67,473 $0 $0
2017 $1,238 $61,339 $0 $0
2016 $779 $55,763 $0 $0
2015 $767 $50,694 $0 $0
2014 $677 $46,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218010886

Florida Gulf Coast Multiple Listing Service

APN: 50940010427