NOT LISTED FOR SALE

Estimated Value: $7,900,000 - $38,489,336

6 Beds
10 Baths
7,752 Sq Ft
$2,992/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $31,000,000 $3,999 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $141,285/month

15 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Wood Flooring
  • Lake Park Elementary School Rated A
  • Gulf View
  • Screened Porch

About This Home

As of July 2021

One of the most glorious and sought-after settings for a beachfront estate in Naples, Florida. Seven Bedrooms. Formal and casual entertaining opportunities. Sublime landscaping. Expansive Gulf of Mexico panorama. With Port Royal Club membership eligibility, being located just south of the Port Royal Club enables convenient access to the Club’s world class amenities.

Last Agent to Sell the Property

Richard Prebish

William Raveis Real Estate Listed on: 04/01/2021

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate

Last Buyer's Agent

Frank Sajtar

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,923

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • West Facing Home

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 7,752 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Picture Window
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Double Oven
  • Range
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Voluntary home owners association

Listing and Financial Details

  • Assessor Parcel Number 09380280004
  • Tax Block B

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,923

Year Built

Built in 1996

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Legal Description: GULF VIEW EST BLK B LOT 2 + N1/2 OF LOT 1 + THAT PART UNDIV BLK D + VAC ST LYING BETWEEN N LINE OF LOT 2 + MIDLINE OF LOT 1 + RELOCATED GORDON DR OR 103 PG 82 OR 1673 PG 2189 OR 1713 PG 776-77 OR 1926 PG 1405 OR 1965 PG 1433
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.112315$-81.803178$95.74$13.33$1.00$CAoSLEFGMVFpcE9KWXhTeS1fMmNoaE15RUgtd204RHc4eGpWWlVDeUIySmUyNS1z
  • Building Design: Single Family
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 3998.97
  • Total Floors: 2
  • Additional Rooms: Family Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 7752
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bathrooms: 10.00
  • Bedrooms: 6 or More
  • Total Bedrooms: 6
  • Dining Room: Breakfast Bar, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Double Oven, Dryer, Stand-Alone Ice Maker, Range, Refrigerator/Freezer, Washer, Wine Cooler
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Fireplace, Foyer, Walk-In Closet, Wet Bar
  • Primary Bathroom: 2 Masters, Separate Tub And Shower
  • Windows: Casement, Picture

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Reclaimed
  • View: Gulf
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground
  • Waterfront Type: Gulf Frontage, On the Gulf Beach

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: GULF VIEW ESTATES
  • HOA Description: Voluntary
  • HOA Fees: 395
  • HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Gulf View Estates
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Section: 16
  • Total Area: 10617
  • Waterfront: Yes
  • Rear Exposure: West
  • Parcel Number: 09380280004

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 50923.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 13, 2021
Sold by
Kraus George R and Kraus Patricia C
Bought by
Mullen Terrence and Mullen Nicola
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Frank Sajtar
William Raveis Real Estate
List Price
$32,000,000
Sold Price
$31,000,000
Premium/Discount to List
-$1,000,000
-3.12%
Current Estimated Value
$23,194,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,805,332
Avg. Annual Appreciation
-6.23%
Original Mortgage
$15,500,000
Outstanding Balance
$13,941,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$9,253,377

Purchase Details

Closed on
Sep 1, 2016
Sold by
Kraus Patricia C and Kraus George R
Bought by
Kraus George R and Kraus Patricia C

Purchase Details

Closed on
Sep 23, 2014
Sold by
Kraus Patricia C
Bought by
Gulf Dream Ii Llc

Purchase Details

Closed on
Dec 21, 2012
Sold by
Kraus Patricia
Bought by
Kraus George R and Kraus Patricia C

Purchase Details

Closed on
Aug 6, 2004
Sold by
Kraus George and Kraus Patricia
Bought by
Kraus George

Purchase Details

Closed on
Aug 2, 2004
Sold by
Coconut Grove Bank
Bought by
Miller Peter J

Purchase Details

Closed on
Jan 16, 2004
Sold by
Nacon Corp
Bought by
Coconut Grove Bk

Purchase Details

Closed on
Jan 17, 1995
Sold by
Lofgren Thomas E
Bought by
Nacon Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mullen Terrence $31,000,000 Attorney
Kraus George R -- None Available
George R Kraus And Gulf Dream Ii Lllc -- None Available
Gulf Dream Ii Llc -- None Available
Kraus Patricia C -- None Available
Kraus George R -- None Available
Kraus Patricia C -- None Available
Gulf Dream Ii Llc -- Attorney
Kraus Patricia C -- Attorney
Kraus George R -- Attorney
Kraus Patricia -- Attorney
Kraus George -- --
Miller Peter J -- --
Coconut Grove Bk $20,000,000 --
Nacon Corp $5,700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Terrence $15,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $31,000,000 -3.1% $3,999 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $32,000,000 -- $4,128 / 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
2025 $239,608 $26,330,468 $24,750,100 $1,580,368
2024 $244,238 $26,285,483 $24,750,100 $1,535,383
2023 $244,238 $26,393,533 $24,750,100 $1,643,433
2022 $260,409 $26,555,266 $22,522,605 $4,032,661
2021 $52,196 $5,124,729 $0 $0
2020 $50,923 $5,053,973 $0 $0
2019 $50,318 $4,940,345 $0 $0
2018 $49,281 $4,848,229 $0 $0
2017 $48,539 $4,748,510 $0 $0
2016 $47,732 $4,650,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221019648

Naples Area Board of REALTORS®

APN: 09380280004