NOT LISTED FOR SALE

375 4th St S Unit 502 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $2,243,000 - $3,206,000

3 Beds
3 Baths
2,631 Sq Ft
$942/mo HOA Fee

Last Sold December 28, 2021

Last sale price $2,300,000 $874 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $17,112/month

238 Days on Market

Highlights

  • Wood Flooring
  • End Unit
  • Great Room
  • Lake Park Elementary School Rated A
  • Pool View
  • Water Fountains

About This Home

As of December 2021

A MUST SEE! Located in the heart of Old Naples just steps from 5th Avenue South and 3 blocks from Naples' famous sugar sand beaches, this freshly painted second-floor residence offers over 2,600 sqft of living space throughout 3 en-suite bedrooms, plus study (or potential 4th BR), 2-car garage & additional storage. The open, single-level floor plan with multiple balconies is perfect for entertaining. The master retreat includes a private balcony, generously sized walk-in closet, luxurious ensuite bath with dual vanities, bidet, & separate soaking tub & shower. The well-planned kitchen includes newer appliances, water purifier, breakfast bar & sliders that lead out to an oversized screened lanai. Additional features include impact glass, wood flooring, new carpet, granite counters, LED lighting, plantation shutters & many more upgrades. Built in 2002, Lantana is a pet-friendly, low-density association of just 17 residences. Amenities include an expansive courtyard with tropical landscaping & rock waterfall, 2 heated pools, 2 spas & a BBQ area. The perfect location for the buyer who seeks the convenience of condo living close to all that Naples has to offer. A rare opportunity!

Last Agent to Sell the Property

John Paul Prebish

William Raveis Real Estate Listed on: 05/03/2021

William Raveis Real Estate

Last Buyer's Agent

Ryan Batey

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,230

Year Built

  • Built in 2002

Lot Details

  • End Unit
  • East Facing Home
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $942 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 2,631 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Window Treatments
  • French Doors
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Screened Porch
  • Pool Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Courtyard
  • Water Fountains

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11550000329

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • Lantana Condos

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • Pets up to 100 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,230

Year Built

Built in 2002

Lot Details

0

HOA Fees

$942 per month

Parking

2

Listing Details

  • Legal Description: LANTANA IN OLD NAPLES A CONDOMINIUM UNIT 502
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.142552$-81.801762$20.16$13.33$1.00$FQH3HYxTd5UNklB4KRRClQ
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 874.19
  • Total Floors: 1
  • Additional Rooms: Balcony, Home Office, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2631
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Common
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Smoke Detector, Wall Oven, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Foyer, French Doors, Smoke Detectors, Tray Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Road: Paved Road
  • View: City, Landscaped Area, Pool/Club
  • Exterior Features: Courtyard, Privacy Wall, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco

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

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: No RV, No Truck
  • Sub Condo Name: LANTANA
  • Condo Fees: 2826.77
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 100
  • Pets Limit Other: Total Combined Weight 100lbs
  • Development: Olde Naples
  • Amenities: BBQ - Picnic, Community Pool, Community Spa/Hot tub, Sidewalk, Underground Utility
  • Community Type: Condo/Hotel
  • Units In Building: 6
  • Total Number of Units: 17

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 2631
  • Waterfront: No
  • Rear Exposure: East
  • Parcel Number: 11550000329

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 15230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2021
Closed on
Dec 23, 2021
Sold by
Gacek Stephen F and Gacek Jacqueline A
Bought by
Gray Kimberly Murphy and Gray Kimberly Murphy
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
Ryan Batey
Premier Sotheby's Int'l Realty
List Price
$2,795,000
Sold Price
$2,300,000
Premium/Discount to List
-$495,000
-17.71%
Current Estimated Value
$2,721,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$421,103
Avg. Annual Appreciation
4.41%

Purchase Details

Closed on
Jan 28, 2019
Sold by
Gacek Stephen F and Gacek Jacqueline A
Bought by
Gacek Stephen F and Gacek Jacqueline A

Purchase Details

Closed on
Mar 14, 2005
Sold by
King Michael T and King Jane M
Bought by
Gacek Stephen F and Gacek Jacqueline A

Purchase Details

Closed on
May 14, 2002
Sold by
Lantana Dev Group L L C
Bought by
King Michael T and King Jane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$792,000
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gray Kimberly Murphy $2,300,000 Attorney
Gacek Stephen F -- None Available
Gacek Stephen F $1,730,000 --
King Michael T $990,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Michael T $792,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $2,300,000 -6.1% $874 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
09/19/2021 09/19/21 Price Changed $2,449,000 -12.4% $931 / Sq Ft
05/03/2021 05/03/21 For Sale $2,795,000 -- $1,062 / 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 $21,949 $1,934,320 -- $1,934,320
2024 $21,028 $2,407,900 -- $2,407,900
2023 $21,028 $2,272,350 $0 $2,272,350
2022 $20,426 $2,082,960 $0 $2,082,960
2021 $15,230 $1,484,205 $0 $1,484,205
2020 $14,399 $1,418,430 $0 $1,418,430
2019 $14,558 $1,418,430 $0 $1,418,430
2018 $14,531 $1,418,430 $0 $1,418,430
2017 $14,208 $1,378,965 $0 $1,378,965
2016 $13,539 $1,280,934 $0 $0
2015 $12,386 $1,164,485 $0 $0
2014 $11,611 $1,078,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221029794

Naples Area Board of REALTORS®

APN: 11550000329