NOT LISTED FOR SALE

Estimated Value: $8,163,000 - $15,070,266

3 Beds
3.5 Baths
4,179 Sq Ft
$2,511/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $11,450,000 $2,740 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $67,300/month

8 Days on Market

Highlights

  • Dock Available
  • Boating
  • Property Fronts a Bay or Harbor
  • Lake Park Elementary School Rated A
  • Boat Lift
  • In Ground Pool

About This Home

As of March 2021

A remarkable lot and one half located on Gin Lane. Highly sought after western exposure and gorgeous long southwesterly water views over Smugglers Bay. This expansive building site permits a significant building envelope. Existing home being sold in its As-Is condition. Enjoy no bridge access to the Gulf of Mexico and the inland waterways leading to the magnificent estuaries of the Ten Thousand Islands. Port Royal Club membership eligibility.

Last Agent to Sell the Property

Richard Prebish Ii

William Raveis Real Estate License #NAPLES-249514893 Listed on: 02/17/2021

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate License #NAPLES-249500036

Last Buyer's Agent

Tony Grech

Compass Florida LLC License #NAPLES-249518213

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,958

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions: 150
  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,179 Sq Ft Home
  • 1-Story Property
  • Picture Window
  • Casement Windows
  • Formal Dining Room
  • Screened Porch
  • Bay Views
  • Cooktop

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Boat Lift
  • Dock Available

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 17061240009

Community Details

Overview

  • Voluntary home owners association

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,958

Year Built

Built in 1978

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Legal Description: GIN LANE SECT PORT ROYAL LOT 35 + SLY 1/2 LOT 36 OR 1992 PG 1966
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.107636$-81.795063$284.79$13.33$1.00$L0XSndUHPbSCdXUYbZrIcw
  • Building Design: Single Family
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2739.89
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 4179
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Family Dining, Formal
  • Equipment: Cooktop, Refrigerator/Freezer
  • Flooring: Carpet, Tile
  • Floor Plan: Other
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement, Picture

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat, Shingle
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Lift, Dock Included
  • Irrigation: Reclaimed
  • View: Bay
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-261-6472
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • HOA Fees: 395
  • HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Port Royal
  • Community Type: Boating, Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 154
  • Lot Frontage: 150
  • Lot Left: 210
  • Lot Right: 235
  • Lot Unit: 35
  • Section: 22
  • Total Area: 4622
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Dimensions: 150 X 210 X 154 X 235
  • Parcel Number: 17061240009

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 67958.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 23, 2021
Sold by
Hasse Glenn W and Hasse Glenn W
Bought by
Magnell Paul J and Magnell Kathleen G
Seller's Agent
Richard Prebish Ii
William Raveis Real Estate
Buyer's Agent
Tony Grech
Compass Florida LLC
List Price
$11,900,000
Sold Price
$11,450,000
Premium/Discount to List
-$450,000
-3.78%
Current Estimated Value
$10,471,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$978,711
Avg. Annual Appreciation
-2.45%

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 10, 2021
Sold by
Hasse Investments Of Florida Llc
Bought by
Hasse Glenn W and Hasse Glenn W
Seller's Agent
Richard Prebish Ii
William Raveis Real Estate
Buyer's Agent
Tony Grech
Compass Florida LLC
List Price
$11,900,000
Sold Price
$11,450,000
Premium/Discount to List
-$450,000
-3.78%

Purchase Details

Closed on
May 13, 2011
Sold by
Bellestri Randal D
Bought by
Hasse Investments Of Florida Llc

Purchase Details

Closed on
Oct 12, 2010
Sold by
Cope Richard W and Cope Jill Fisher
Bought by
Bellestri Randal D

Purchase Details

Closed on
Sep 8, 2010
Sold by
Cope Richard W
Bought by
Cope Richard W and Cope Jill Fisher

Purchase Details

Closed on
Jan 28, 2003
Sold by
Cope Richard W
Bought by
Cope Richard W

Purchase Details

Closed on
Aug 29, 2002
Sold by
Cope Margaret M
Bought by
Cope Richard W
Source: Public Records

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
Magnell Paul J $11,450,000 Accommodation
Hasse Glenn W -- Accommodation
Hasse Investments Of Florida Llc $4,100,000 Attorney
Bellestri Randal D $3,950,000 Attorney
Cope Richard W -- None Available
Cope Richard W -- --
Cope Richard W -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $11,450,000 -3.8% $2,740 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $11,900,000 -- $2,848 / 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 $119,225 $10,816,061 $0 $0
2022 $96,423 $9,832,783 $9,757,440 $75,343
2021 $72,063 $7,022,752 $6,342,336 $680,416
2020 $67,958 $6,694,347 $6,412,032 $282,315
2019 $70,188 $6,838,843 $6,690,816 $148,027
2018 $71,600 $6,989,264 $6,572,700 $416,564
2017 $69,066 $6,453,743 $0 $0
2016 $62,438 $5,846,606 $0 $0
2015 $56,535 $5,315,096 $0 $0
2014 $54,839 $5,010,602 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221006782

Naples Area Board of REALTORS®

APN: 17061240009