NOT LISTED FOR SALE

The Madrid Club 3430 Gulf Shore Blvd N Unit 5I Naples, FL 34103

Moorings Neighborhood

Estimated Value: $829,000 - $1,158,000

2 Beds
2 Baths
1,312 Sq Ft
$763/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $415,000 $316 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $7,031/month

136 Days on Market

Highlights

  • Community Beach Access
  • Dock has access to electricity and water
  • Property Fronts a Bay or Harbor
  • Sea Gate Elementary School Rated A
  • Boating
  • Two Primary Bedrooms

About This Home

As of August 2019

Well maintained building in the Moorings priced to renovate to your liking. Secured entry bldg. under bldg. parking. Boat docks, possible lease or purchase. Access to beach across the street one bldg.away at Horizon Way. Renovated club room. add'l storage locker. Partial views of the gulf from large lanai. Split bedrooms. Unit across the hall sold for 605,000 Great buy.

Last Agent to Sell the Property

Bev Ferguson

INACTIVE AGENT ACCT License #NAPLES-413501668 Listed on: 01/08/2019

INACTIVE AGENT ACCT

Last Buyer's Agent

Steve Fuller

Downing Frye Realty Inc. License #NAPLES-249501730

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,413

Year Built

  • Built in 1975

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Manual Sprinklers System

HOA Fees

  • $882 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway
  • Parking Garage Space

Home Design

  • Mid Level
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 1,312 Sq Ft Home
  • 1-Story Property
  • 1 Ceiling Fan
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Combination Dining and Living Room
  • Partial Bay or Harbor Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Fixed Bridges
  • Dock has access to electricity and water
  • Leased Dock
  • Courtyard
  • Attached Grill

Schools

  • Sea Gate Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12081560007

Community Details

Overview

  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Sauna
  • Laundry Facilities
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Boating
  • Gulf Boat Access
  • Community Beach Access
  • Exercise Course
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,413

Year Built

Built in 1975

Lot Details

0

HOA Fees

$882 per month

Parking

1

Listing Details

  • Legal Description: MADRID CLUB, THE A CONDOMINIUM UNIT 5-I
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.18779977557548$-81.81391087518557$86.60$13.33$1.00$uoSb5cWCMHo-4TcPUVkfqQ
  • Building Design: Mid Rise (4-7)
  • Storm Protection: Shutters - Manual
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Partially Furnished
  • Numberof Ceiling Fans: 1
  • Num Unit Floor: 5
  • Price Per Sq Ft: 316.31
  • Total Floors: 1
  • Room Count: 6
  • Estimated Living Area: 1312
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms, Two Master Suites
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Microwave, Range, Refrigerator/Freezer, Smoke Detector
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, High Speed Available, Smoke Detectors, Wheel Chair Access, Window Coverings
  • Primary Bathroom: 2 Masters, Combo Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Boat Access: Dock Lease, Dock Purchase, Electricity Available at Dock, Water Avail at Dock
  • Irrigation: Assessment Paid
  • Road: City Maintained
  • View: Landscaped Area, Partial Gulf
  • Exterior Features: Built In Grill, Courtyard, Sprinkler Manual
  • Exterior Finish: Stucco
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Circle Drive, Covered, Driveway Paved, Paved Parking, Under Bldg Open, Wheelchair Access

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-261-5001
  • Approval: Application Fee, Interview
  • Management: Condo
  • Mandatory HOA: Yes
  • Sub Condo Name: MADRID CLUB
  • HOA Fees: 2646.33
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Water

Association/Amenities

  • Pets: Not Allowed
  • Development: Moorings
  • Amenities: BBQ - Picnic, Beach Access, Bike Storage, Common Laundry, Community Pool, Exercise Room, Extra Storage, Internet Access, Sauna, Sidewalk, Streetlight, Vehicle Wash Area
  • Community Type: Boating
  • Units In Building: 60
  • Total Number of Units: 60

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 5-I
  • Section: 21
  • Total Area: 1312
  • Waterfront: Yes
  • Rear Exposure: East
  • Parcel Number: 12081560007

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County
  • Taxes: 4413.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Aug 1, 2019
Sold by
Quinn John M
Bought by
Smith Coya J
Seller's Agent
Bev Ferguson
INACTIVE AGENT ACCT
Buyer's Agent
Steve Fuller
Downing Frye Realty Inc.
List Price
$495,000
Sold Price
$415,000
Premium/Discount to List
-$80,000
-16.16%
Current Estimated Value
$1,030,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$615,908
Avg. Annual Appreciation
15.98%
Original Mortgage
$332,000
Outstanding Balance
$295,138
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$718,054

Purchase Details

Closed on
Oct 23, 1998
Sold by
Reynolds Gary Michael
Bought by
Quinn Patricia Y

Purchase Details

Closed on
Jun 24, 1997
Sold by
Sanchez Vincent Suarez
Bought by
Reynolds Gary Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Smith Coya J $415,000 Attorney
Quinn Patricia Y $200,000 --
Reynolds Gary Michael $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Coya J $332,000
Previous Owner Reynolds Gary Michael $136,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $415,000 -7.8% $316 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
04/02/2019 04/02/19 Price Changed $450,000 -9.1% $343 / Sq Ft
01/08/2019 01/08/19 For Sale $495,000 -- $377 / 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 $6,049 $544,984 $0 $0
2022 $5,385 $495,440 $0 $0
2021 $4,627 $450,400 $0 $450,400
2020 $4,711 $463,520 $0 $463,520
2019 $4,696 $456,960 $0 $456,960
2018 $4,552 $443,840 $0 $443,840
2017 $4,413 $418,367 $0 $0
2016 $4,238 $380,334 $0 $0
2015 $3,972 $345,758 $0 $0
2014 -- $314,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219004656

Naples Area Board of REALTORS®

APN: 12081560007