NOT LISTED FOR SALE

Estimated Value: $327,049 - $386,000

2 Beds
2 Baths
1,544 Sq Ft
2002 Built

Last Sold August 15, 2016

Last sale price $203,500 $132 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,001/month

105 Days on Market

About This Home

As of August 2016

Pristine Cedar Hammock 2 Bedroom + Den, 2 Bath End Unit Condo with a Relaxing Lanai View of the Lush 2nd Fairway and Peaceful Lake. This Desirable Bright & Airy Colonade Model features Crown Molding, Plantation Shutters, Spacious California Closets, Chair Railing in Den & Kitchen, Recessed Lighting, Custom Built-In Shelving, Additional Storage Room and Carport. The Exclusive Gated Cedar Hammock Golf Community is located minutes from I-75, features a Secure 24-Hour Manned Gatehouse, Championship 18-hole Golf Course designed by Gordon Lewis & Jed Azinger, Har-Tru Tennis Courts, Aqua Driving Range, 20,000 Square-Foot Clubhouse, Fitness Center, Restaurant, Locker Rooms and Pro Shop. Cedar Hammock is just 15 minutes from the 5th Ave South Shopping / Dining District and The Beautiful Naples Beaches.

Last Agent to Sell the Property

Rod D'Entremont

RE/MAX Hallmark Realty Listed on: 04/05/2016

RE/MAX Hallmark Realty

Co-Listed By

Brooke Gatto

Downing Frye Referral Network License #NAPLES-249523747

Last Buyer's Agent

Marlene Graham

Tropics Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,233

Year Built

  • 2002

Parking

  • Deeded Parking

Home Design

  • Mid Level
  • Entry on the 3rd floor

Interior Spaces

  • 1,544 Sq Ft Home
  • 4-Story Property

Community Details

Overview

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

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,233

Year Built

2002

Lot Details

0

Listing Details

  • Legal Description: TERRACE IV AT CEDAR HAMMOCK A CONDOMINIUM UNIT 3331
  • Building Design: Mid Rise (4-7)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Bedrooms and Dens: 2+Den
  • Dining Room: Breakfast Bar, Family Dining
  • Elevator: Common
  • Equipment: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Smoke Detectors, Volume Ceiling
  • Primary Bathroom: Shower Only
  • Furnished Description: Partially Furnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 144.53
  • Total Floors: 4

Exterior Features

  • Roof: Tile
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Windows: Single Hung, Sliding

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Exercise Room, Extra Storage, Golf Course, Restaurant, Sidewalk, Streetlight, Tennis Court
  • Community Type: Gated, Golf Bundled
  • Maintenance: Cable, Golf Course, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Management Company Phone: 239-939-2999
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Deeded
  • 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: 30
  • 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: Southeast
  • View: Golf Course, Lake
  • Lot Unit: 3331
  • Section: 3
  • Total Area: 1544

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Aug 1, 2016
Bought by
Gerard Stephen I
Seller's Agent
Rod D'Entremont
RE/MAX Hallmark Realty
Buyer's Agent
Marlene Graham
Tropics Real Estate, LLC
List Price
$219,900
Sold Price
$203,500
Premium/Discount to List
-$16,400
-7.46%
Current Estimated Value
$346,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,262
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Apr 23, 2012
Sold by
Franzini Louis M
Bought by
Roberts Gene R and Roberts Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,930
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2002
Sold by
U S Home Corp
Bought by
Franzini John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Gerard Stephen I $203,500 --
Roberts Gene R $179,900 Noble Title & Trust Llc
Franzini John $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roberts Gene R $125,930
Previous Owner Franzini John $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $203,500 -2.9% $132 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/16/2016 06/16/16 Price Changed $209,500 -2.5% $136 / Sq Ft
05/10/2016 05/10/16 Price Changed $214,900 -2.3% $139 / Sq Ft
04/05/2016 04/05/16 For Sale $219,900 -- $142 / 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 $2,233 $201,226 -- --
2024 $2,109 $195,555 -- --
2023 $2,109 $189,859 $0 $0
2022 $2,093 $184,329 $0 $0
2021 $2,762 $178,960 $0 $178,960
2020 $2,904 $178,960 $0 $178,960
2019 $3,606 $178,960 $0 $178,960
2018 $2,068 $178,960 $0 $178,960
2017 $2,042 $175,531 $0 $0
2016 $2,409 $178,960 $0 $0
2015 $2,369 $167,640 $0 $0
2014 -- $152,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216024565

Naples Area Board of REALTORS®

APN: 76527010947