NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,356,000

2 Beds
2 Baths
1,101 Sq Ft
$847/ mo HOA Fee

Last Sold April 10, 2020

Last sale price $725,000 $658 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $7,225/month

119 Days on Market

Highlights

  • Carriage House
  • Wood Flooring
  • Water Fountains
  • Lake Park Elementary School Rated A
  • Great Room
  • Elevator

About This Home

As of April 2020

C.16702 - A perfect pied-a-terre in the quaint low-density condominium complex of Pettit Square, 2 blocks to the Gulf of Mexico beaches, sunsets, & only one block to great dining, shopping, art galleries, coffee houses, the farmer's market & more. Pettit Square underwent major interior and exterior renovations in 2003. The building's exterior was transformed to a “New Orleans style” building w/brick courtyard, fountain & hanging baskets. In 2017, the building's exterior was painted white for an updated coastal feel, and the interior followed suit in 2018 by being freshly-painted a neutral ivory w/white kitchen cabinets. Features include: sunny southern exposure, built-ins w/electric fireplace in the great room, granite kitchen, 9' ceilings, extensive moldings, plantation shutters, wood floors in all but kitchen, master & baths, a balcony accessed through doors off the great room & kitchen for morning coffee or a glass of wine at sunset. The roof was replaced in December 2019. The balcony will be painted after season. Turnkey furnished. Assigned covered carport parking. Also perfect for use as a guest house for visitors & family.

Last Agent to Sell the Property

Susan Wall

John R Wood Properties Listed on: 11/04/2019

John R Wood Properties

Last Buyer's Agent

Ryan Chiodo

Compass Florida LLC

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,639

Year Built

  • Built in 1972

Lot Details

  • Property fronts an alley
  • South Facing Home

HOA Fees

  • $847 Monthly HOA Fees

Home Design

  • Carriage House
  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,101 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • 3 Ceiling Fans
  • Ceiling Fan
  • Shutters
  • Double Hung Windows
  • French Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Water Fountains

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16350000100
  • $2,500 Seller Concession

Community Details

Overview

  • 7 Units
  • Low-Rise Condominium
  • Pettit Square Condos

Amenities

  • Shops
  • Elevator
  • Bike Room

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,639

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$847 per month

Listing Details

  • Legal Description: PETTIT SQUARE A CONDOMINIUM UNIT E
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.129692$-81.801828$204.11$13.33$1.00$3qUHL9ksLwK1V1Zvx6WS1w
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 2
  • Price Per Sq Ft: 658.49
  • Total Floors: 2
  • Additional Rooms: Balcony, Guest Bath, Guest Room, Laundry in Residence
  • Estimated Living Area: 1101
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Custom Mirrors, French Doors, Smoke Detectors, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Access Road, Alley, City Maintained, Paved Road, Public Road
  • View: Parking Lot
  • Exterior Features: Courtyard, Decorative Shutters, Water Display
  • Exterior Finish: Stucco

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Covered, Free Standing, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded, No Motorcycles, No RV, No Truck
  • Sub Condo Name: PETTIT SQUARE
  • Condo Fees: 2541.03
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Development: Olde Naples
  • Amenities: Bike Storage, Shopping, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 7
  • Total Number of Units: 7

Fee Information

  • Application Fee: 100.00

Schools

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

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 1227
  • Waterfront: No
  • Rear Exposure: South
  • Parcel Number: 16350000100

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 5
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 5639.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Apr 10, 2020
Sold by
Allen Warren L and Allen Warren L
Bought by
Kalustian Robert James and Kalustian Julie
Seller's Agent
Susan Wall
John R Wood Properties
Buyer's Agent
Ryan Chiodo
Compass Florida LLC
List Price
$785,000
Sold Price
$725,000
Premium/Discount to List
-$60,000
-7.64%
Current Estimated Value
$1,123,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,869
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Dec 9, 2004
Sold by
Green Dolphin Lc
Bought by
Allen Warren L and Warren L Allen Jr 1998 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,700
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kalustian Robert James $725,000 Attorney
Allen Warren L $648,400 Gulfshore Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Allen Warren L $518,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $725,000 -3.2% $658 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $749,000 -4.6% $680 / Sq Ft
11/04/2019 11/04/19 For Sale $785,000 -- $713 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $7,276 $798,225 -- $798,225
2024 $6,985 $798,225 -- $798,225
2023 $6,985 $732,716 $0 $0
2022 $6,983 $666,105 $0 $0
2021 $6,262 $605,550 $0 $605,550
2020 $6,083 $594,540 $0 $594,540
2019 $5,989 $583,530 $0 $583,530
2018 $5,639 $550,500 $0 $550,500
2017 $5,581 $532,884 $0 $0
2016 $5,214 $484,440 $0 $0
2015 $4,684 $440,400 $0 $0
2014 -- $412,875 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219072995

Naples Area Board of REALTORS®

APN: 16350000100

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