NOT LISTED FOR SALE

Estimated Value: $8,943,000 - $11,383,065

4 Beds
5.5 Baths
4,330 Sq Ft
$2,272/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $11,000,000 $2,540 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $58,277/month

24 Days on Market

Highlights

  • Private Dock
  • Boating
  • Property Fronts a Bay or Harbor
  • Lake Park Elementary School Rated A
  • Boat Lift
  • Heated Pool and Spa

About This Home

As of January 2023

Boaters paradise! Short walk to the beach. Enjoy outstanding panoramic wide water views with 116 ft. of water frontage. Western exposure provides beautiful sunsets over Morgan’s Cove. This well maintained property is perfect for entertaining with an open floor plan encompassing multiple living areas that flow seamlessly from the indoor space to the expansive outdoor living areas including lanai with a retractable screen and gorgeous resort style pool and spa. This desirable property is finished with a newer dock with boat lift, fish cleaning table, a concrete 60 ft. floating dock with 2 lifts-a 13,000 lb boat lift and 10,000 lb. The updated chef’s kitchen showcases granite counters, custom cabinetry, Wolf 6-burner gas range, Wolf double oven, stainless steel Bosch dishwasher, quadruplet wine cooler, and wet bar. Home is finished with automatic hurricane shutters and an air- conditioned 3-car garage. Ideally located in prestigious Port Royal in just minutes from 3rd Street South’s and 5th Avenue South's fine dining, world-class shopping and white-sand beaches. Port Royal Club Eligibility.

Last Agent to Sell the Property

Frank Sajtar

William Raveis Real Estate Listed on: 12/18/2022

William Raveis Real Estate

Last Buyer's Agent

Daryl Fiene

DC Fiene Realty License #NAPLES-082417874

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $48,059

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions: 92
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 4,330 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Single Hung Windows
  • Arched Windows
  • Picture Window
  • Sliding Windows
  • Casement Windows
  • Open Floorplan
  • Home Office
  • Screened Porch
  • Bay Views

Kitchen

  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Pool Equipment Stays

Outdoor Features

  • No Fixed Bridges
  • Boat Lift
  • Private Dock
  • Dock has access to electricity and water
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17061600005

Community Details

Overview

  • Port Royal Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$48,059

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Legal Description: GIN LANE SECT PORT ROYAL LOT 47
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.110961$-81.796158$239.35$13.33$1.00$w3fV6lfhvQ4FnEUS0MmcjA
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Electric Shutters
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 2540.42
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 4330
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 6.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Family Dining, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Instant Hot Faucet, Microwave, Range, Refrigerator/Freezer, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer, Wine Cooler
  • Flooring: Carpet, Marble, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Internet Available, Pantry, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Primary Bathroom: 2 Masters
  • Windows: Arched, Casement, Picture, Single Hung, Sliding

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Dock Private, Boat Lift, Dock Included, Electricity Available at Dock, Water Avail at Dock
  • Irrigation: Central
  • View: Bay
  • Exterior Features: Patio, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Equipment Stays, Heated Gas, Pool Bath, Salt Water System
  • Private Spa Type: Below Ground, Equipment Stays, Heated Gas, Pool Integrated
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central
  • Gas Description: Propane

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: PORT ROYAL
  • Development Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Community Type: Boating

Schools

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

Lot Info

  • Builder Product: No
  • Section: 15
  • Total Area: 5720
  • Waterfront: Yes
  • Acres: 0.5000
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 92 X 187 X 116 X 224
  • Parcel Number: 17061600005

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 48058.67
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Jan 31, 2023
Sold by
Gretz Susan
Bought by
Michael R Leep Sr Trust and Leep
Seller's Agent
Frank Sajtar
William Raveis Real Estate
Buyer's Agent
Daryl Fiene
DC Fiene Realty
List Price
$11,900,000
Sold Price
$11,000,000
Premium/Discount to List
-$900,000
-7.56%
Views
49
Current Estimated Value
$9,839,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,160,978
Avg. Annual Appreciation
-3.74%

Purchase Details

Listed on
Jan 22, 2019
Closed on
May 29, 2019
Sold by
Morton William C
Bought by
Gretz Robert and Gretz Susan
Seller's Agent
Philip Collins
William Raveis Real Estate
Buyer's Agent
Sharon Kaltenborn
Premiere Plus Realty Company
List Price
$7,125,000
Sold Price
$6,400,000
Premium/Discount to List
-$725,000
-10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%

Purchase Details

Closed on
Dec 12, 2018
Sold by
Morton Nicole G
Bought by
Morton William C

Purchase Details

Closed on
Nov 21, 2008
Sold by
Raveis William M
Bought by
Morton William C and Morton Nicole G

Purchase Details

Closed on
Feb 27, 2006
Sold by
Chandler Lambert E and Chandler Susan
Bought by
Raveis William M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 13, 2000
Sold by
King Elaine W and King Charles H
Bought by
Chandler Lambert E and Chandler Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.87%
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
Michael R Leep Sr Trust $11,000,000 None Listed On Document
Gretz Robert $6,400,000 Attorney
Morton William C -- Attorney
Morton William C $4,250,000 Attorney
Raveis William M $4,750,000 Attorney
Chandler Lambert E $2,500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raveis William M $2,000,000
Previous Owner Chandler Lambert E $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $11,000,000 -7.6% $2,540 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
12/18/2022 12/18/22 For Sale $11,900,000 +85.9% $2,748 / Sq Ft
06/03/2019 06/03/19 Sold $6,400,000 -8.3% $1,478 / Sq Ft View Prior Sale
04/12/2019 04/12/19 Pending -- -- --
02/13/2019 02/13/19 Price Changed $6,980,000 -2.0% $1,612 / Sq Ft
01/22/2019 01/22/19 For Sale $7,125,000 -- $1,645 / 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 $81,940 $8,329,703 $6,795,360 $1,534,343
2024 $68,146 $8,988,934 $7,945,344 $1,043,590
2023 $68,146 $5,626,475 $0 $0
2022 $59,205 $5,114,977 $0 $0
2021 $48,059 $4,649,979 $0 $0
2020 $42,913 $4,227,254 $3,847,219 $380,035
2019 $32,347 $3,189,345 $0 $0
2018 $31,677 $3,129,877 $0 $0
2017 $31,198 $3,065,501 $0 $0
2016 $30,677 $3,002,450 $0 $0
2015 $31,319 $2,981,579 $0 $0
2014 $31,439 $2,907,916 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222086383

Naples Area Board of REALTORS®

APN: 17061600005