NOT LISTED FOR SALE

Estimated Value: $323,677 - $383,000

2 Beds
2 Baths
1,544 Sq Ft
2002 Built

Last Sold May 17, 2017

Last sale price $200,000 $130 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,083/month

273 Days on Market

Highlights

  • 5 Ceiling Fans
  • Calusa Park Elementary School Rated A-
  • Turnkey

About This Home

As of May 2017

Lowest Price COLONADE and the Best Deal in Cedar Hammock! Plus, over $10,000 in upgrades! Beautiful Colonade (end unit) overlooking lake, golf course and nature preserve. Million Dollar View
from this second floor unit. Turnkey furnished with fine, mostly Italian furniture. Beautiful, new 20X20"
tile on all floors, including lanai (on diagonal) - cost about $8,000. Newer Stainless Steel appliances (top
of line). Painted one year ago. Cedar Hammock Golf and Country Club is one of Naples best bundled golf
communities. Golf course was renovated in 2014 with many improvements and Cedar Hammock is
debt-free and well managed. It has 24 hour manned gate house, 20,000 square foot clubhouse with
excellent restaurant overlooking Aqua Driving Range and lake. Fitness center (with very nice locker
rooms), pro-shop and pool is next door. Old Naples and beautiful beaches are minutes away.

Last Agent to Sell the Property

Gary Hicks

Sun Realty Listed on: 07/11/2016

Last Buyer's Agent

Gary Hicks

Sun Realty Listed on: 07/11/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,347

Year Built

  • 2002

Parking

  • Deeded Parking

Home Design

  • Mid Level
  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 1,544 Sq Ft Home
  • 4-Story Property
  • 5 Ceiling Fans

Community Details

Overview

  • $2,500 Additional Association Fee
  • $250 Secondary HOA Transfer Fee
  • Terrace IV Condos

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,347

Year Built

2002

Lot Details

0

Listing Details

  • Legal Description: TERRACE IV AT CEDAR HAMMOCK A CONDOMINIUM UNIT 3328
  • Building Design: Mid Rise (4-7)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Additional Rooms: Balcony, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Split Bedrooms
  • Bedrooms and Dens: 2+Den
  • Dining Room: Breakfast Bar, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, High Speed Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Shower Only
  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 5
  • Num Unit Floor: 2
  • Price Per Sq Ft: 142.05
  • Total Floors: 4

Exterior Features

  • Roof: Tile
  • Exterior Features: Storage
  • Construction: Concrete Block
  • Exterior Features: Storage
  • Exterior Finish: Stucco
  • Irrigation: Assessment Paid
  • Windows: Single Hung, Solar Tinted

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Covered, Driveway Paved, Guest, Paved Parking, Wheelchair Access

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Bike And Jog Path, Bike Storage, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Golf Course, Internet Access, Library, Private Membership, Putting Green, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area, Volleyball
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Cable, Internet/WiFi Access
  • Management Company Phone: 239-939-2999
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Deeded, No Motorcycles, No RV
  • Sub Condo Name: TERRACE IV

Association/Amenities

  • Units in Building: 60
  • Total Number of Units: 360
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 100
  • Development: Cedar Hammock

Fee Information

  • Recreation Fee Freq: Annually
  • Recreation Fee: 750
  • Condo Fees: 625
  • Condo Fee Frequency: Quarterly
  • Master HOA Fee: 5934
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 250.00
  • One Time Other Fee: 2500

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

  • Lot Description: Zero Lot Line
  • Rear Exposure: Southwest
  • View: Golf Course, Lake, Landscaped Area, Water Feature, Wooded Area
  • Waterfront: Lake
  • Lot Unit: 3328
  • Section: 3
  • Total Area: 1544

Tax Info

  • Tax Description: County Only, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
May 17, 2017
Sold by
Macaluso Theodore J and Macaluso Alice S
Bought by
Mcmahon Kevin E and Mcmahon Laura L
Seller's Agent
Gary Hicks
Sun Realty
Buyer's Agent
Gary Hicks
Sun Realty
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Current Estimated Value
$344,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,669
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Nov 28, 2011
Sold by
Macaluso Theodore J and Macaluso Alice S
Bought by
Macaluso Theodore J and Macaluso Alice S

Purchase Details

Closed on
Jun 30, 2010
Sold by
Parrish Garry and Parrish Garry M
Bought by
Macaluso Theodore J and Macaluso Alice S

Purchase Details

Closed on
Nov 27, 2002
Sold by
Us Home Corp
Bought by
Parrish Garry
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
Mcmahon Kevin E $200,000 Action Title Services
Macaluso Theodore J -- None Available
Macaluso Theodore J $200,000 Gulf Cities Title Inc
Parrish Garry $176,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $200,000 -4.5% $130 / Sq Ft
04/10/2017 04/10/17 Pending -- -- --
01/23/2017 01/23/17 Price Changed $209,500 -4.6% $136 / Sq Ft
11/15/2016 11/15/16 Price Changed $219,500 -2.4% $142 / Sq Ft
07/11/2016 07/11/16 For Sale $225,000 -- $146 / 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 $3,347 $254,695 -- --
2024 $3,177 $231,541 -- --
2023 $3,177 $210,492 $0 $0
2022 $2,737 $191,356 $0 $0
2021 $3,154 $173,960 $0 $173,960
2020 $3,288 $173,960 $0 $173,960
2019 $3,991 $173,960 $0 $173,960
2018 $2,453 $173,960 $0 $173,960
2017 $1,771 $151,897 $0 $0
2016 $1,617 $148,773 $0 $0
2015 $1,628 $147,739 $0 $0
2014 $1,629 $96,566 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216044987

Naples Area Board of REALTORS®

APN: 76527010921