NOT LISTED FOR SALE

Estimated Value: $4,931,927 - $5,803,000

4 Beds
2 Baths
3,528 Sq Ft
$1,560/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $3,600,000 $1,020 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $31,296/month

5 Days on Market

Highlights

  • 1-Story Property
  • Lake Park Elementary School Rated A
  • 5-minute walk to Rodgers Park

About This Home

As of May 2016

H.10447 - Ideally situated one-door off the beach in the heart of the Old Naples historical district among charming seaside cottages sits a rarely available cottage and guest-house from the 1930's that could serve as an interim residence. Build the home of your dream on this 75' x 150' lot with ally access. This property is only 2-blocks away from the bistros, boutiques and galleries of historic 3rd Street South. This unique property has been family owned since the early 1970's, and truly is a once-in-a-lifetime to acquire such a special location. There are site studies and survey available on file.

Last Agent to Sell the Property

Bill Earls

John R Wood Properties Listed on: 03/08/2016

John R Wood Properties

Co-Listed By

Larry Lappin Jr

John R Wood Properties License #NAPLES-249500505

Last Buyer's Agent

Sara Williams

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,147

Year Built

  • 1930

Lot Details

  • 0.25

Parking

  • Deeded Parking

Interior Spaces

  • 3,528 Sq Ft Home
  • 1-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,147

Year Built

1930

Lot Details

0

Listing Details

  • Legal Description: NAPLES T 1 BLK 10 LOT 18 & E 10FT OF ALLEY LYING W OF LT 18 & W 31.66FT OF LOT 19 OR 1884 578
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1930

Interior Features

  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1542.42
  • Total Floors: 1

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block, Wood Frame
  • Guest House Sq Ft: 672
  • Irrigation: Central

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Olde Naples

Condo/Co-op/Association

  • Restrictions: Deeded
  • Sub Condo Name: OLDE NAPLES

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: North
  • View: Landscaped Area
  • Lot Dimensions: 75 X 150
  • Section: 9
  • Total Area: 3528

Rental Info

  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: City And County, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
May 20, 2016
Sold by
Schultz Laurence S
Bought by
Gallagher Thomas D and Gallagher Nancy C
Seller's Agent
Bill Earls
John R Wood Properties
Buyer's Agent
Sara Williams
John R Wood Properties
List Price
$3,750,000
Sold Price
$3,600,000
Premium/Discount to List
-$150,000
-4%
Current Estimated Value
$5,503,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,903,642
Avg. Annual Appreciation
4.58%

Purchase Details

Closed on
May 16, 2012
Sold by
Amstutz Ruth Corlett
Bought by
Schultz Laurence S

Purchase Details

Closed on
Jun 21, 1993
Sold by
Corlett Ruth R
Bought by
Corlett Ruth R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gallagher Thomas D $3,600,000 None Available
Schultz Laurence S -- Attorney
Corlett Ruth R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2016 05/20/16 Sold $3,600,000 -4.0% $1,020 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $3,750,000 -- $1,063 / 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 $28,147 $3,216,591 -- --
2024 $21,071 $3,125,939 -- --
2023 $21,071 $2,315,439 $0 $0
2022 $29,814 $3,078,967 $0 $0
2021 $30,283 $2,989,288 $0 $0
2020 $29,545 $2,948,016 $0 $0
2019 $29,190 $2,881,736 $0 $0
2018 $23,999 $2,380,339 $0 $0
2017 $27,284 $2,648,001 $2,542,500 $105,501
2016 $12,408 $1,236,597 $0 $0
2015 $12,667 $1,228,001 $0 $0
2014 $12,714 $1,168,255 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216018062

Naples Area Board of REALTORS®

APN: 14002000007