NOT LISTED FOR SALE

Estimated Value: $277,512 - $342,000

2 Beds
2 Baths
1,194 Sq Ft
$844/mo HOA Fee

Last Sold March 31, 2021

Last sale price $172,000 $144 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,752/month

35 Days on Market

Highlights

  • Golf Course Community
  • 24-Hour Guard
  • Private Membership Available
  • Calusa Park Elementary School Rated A-
  • Lake View
  • Clubhouse

About This Home

As of March 2021

Bundled Golf Membership included. Spectacular view of #2 golf hole & lake from this extremely well-maintained, turnkey furnished, top/4th floor, 2BR/2BA, 1,194sf condo. It features new carpet (2018), new HVAC (2017), and new refrigerator (2017). Cedar Hammock has outstanding amenities, and key upgrades were recently completed on their championship golf course. Cedar Hammock is located only 10-12 minutes from downtown Naples (5th Avenue) and beaches, 15-minutes from Marco Island, 30-minutes from SWFL International Airport, and 5-minutes from the relatively-new Physician s Regional Hospital.

Last Agent to Sell the Property

Joe Morgan

Downing Frye Referral Network License #NAPLES-249516298 Listed on: 01/15/2021

Downing Frye Referral Network

Last Buyer's Agent

Mark Schwartz

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,976

Year Built

  • Built in 2003

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

Property Views

  • Lake
  • Views of Preserve
  • Golf Course

Home Design

  • Mid Level
  • Entry on the 4th floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,194 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Paved Parking
  • Deeded Parking

Schools

  • Calusa Park Elementary School
  • East Naples Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 76527012563

Community Details

Overview

  • $3,500 Secondary HOA Transfer Fee
  • 32 Units
  • Private Membership Available
  • Terrace V Condos

Amenities

  • Restaurant
  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,976

Year Built

Built in 2003

Lot Details

0

HOA Fees

$844 per month

Listing Details

  • Legal Description: TERRACE V AT CEDAR HAMMOCK A CONDOMINIUM UNIT 3444
  • Property Type: Residential
  • Table: Residential
  • Building Design: Mid Rise (4-7)
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 4
  • Price Per Sq Ft: 144.05
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1194
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Foyer, High Speed Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Paved Road
  • View: Golf Course, Lake, Preserve
  • Exterior Finish: Stucco

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 000 000-0000
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: TERRACE V
  • Condo Fees: 700
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Golf Course, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Water
  • Master Hoa Fee: 7336
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Cedar Hammock
  • Amenities: Bike And Jog Path, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Golf Course, Internet Access, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 32
  • Total Number of Units: 799

Fee Information

  • Transfer Fees: 3500.00
  • Application Fee: 250.00

Schools

  • Elementary School: CALUSA PARK ELEMENTARY SCHOOL
  • Middle School: EAST NAPLES MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Calusa Park Elementary School
  • High School: Lely High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 3444
  • Section: 3
  • Total Area: 1350
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Golf Course
  • Parcel Number: 76527012563

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Community Development District
  • Taxes: 2976.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Mar 31, 2021
Sold by
Hutton Jeffrey T and Hutton Jeana R
Bought by
Cook Paul S and Cook Debra J
Seller's Agent
Joe Morgan
Downing Frye Referral Network
Buyer's Agent
Mark Schwartz
Coldwell Banker Realty
List Price
$179,000
Sold Price
$172,000
Premium/Discount to List
-$7,000
-3.91%
Current Estimated Value
$308,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,378
Avg. Annual Appreciation
15.90%

Purchase Details

Closed on
May 27, 2005
Sold by
Aquilina John J and Aquilina Kathy J
Bought by
Hutton Jeffrey T and Hutton Jeana R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 7, 2003
Sold by
U S Home Corp
Bought by
Aquilina John and Aquilina Kathy
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
Cook Paul S $172,000 Paradise Coast T&E Llc
Hutton Jeffrey T $375,000 --
Aquilina John $163,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hutton Jeffrey T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $172,000 -3.9% $144 / Sq Ft
02/19/2021 02/19/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $179,000 -- $150 / 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 $3,182 $281,486 -- $281,486
2024 $2,914 $289,844 -- $289,844
2023 $2,914 $196,544 $0 $0
2022 $2,468 $178,676 $0 $178,676
2021 $2,770 $140,370 $0 $140,370
2020 $2,976 $146,340 $0 $146,340
2019 $3,676 $146,340 $0 $146,340
2018 $2,139 $146,340 $0 $146,340
2017 $2,125 $143,952 $0 $143,952
2016 $1,965 $140,370 $0 $0
2015 $1,887 $131,685 $0 $0
2014 -- $131,685 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221004710

Naples Area Board of REALTORS®

APN: 76527012563