NOT LISTED FOR SALE

38 Madison Dr Naples, FL 34110

Estimated Value: $715,221 - $832,000

3 Beds
2 Baths
2,124 Sq Ft
$371/Sq Ft Est. Value

Last Sold March 08, 2016

Last sale price $472,500 $222 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,464/month

111 Days on Market

About This Home

As of March 2016

Highly sought after North Naples area in the Madison Estates community, with low annual cost of ownership: Single Family home with pool and spa, over-sized yard, extended garage, spacious lot adjacent to the pond. Home is on a cul-de-sac street, and features include new granite counter tops, custom professional paint, wainscoting, beautiful landscaping, southern rear exposure with screened lanai/pool area backing to plush greenery and separate patio area for grilling and fire pit.

Last Agent to Sell the Property

Bill Archer

Keller Williams Realty Naples Listed on: 09/18/2015

Keller Williams Realty Naples

Co-Listed By

Katie Scheiber

License #NAPLES-249521888

Last Buyer's Agent

Bill Archer

Keller Williams Realty Naples Listed on: 09/18/2015

Keller Williams Realty Naples

Home Details

Home Type

Single Family

Year Built

2001

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2001

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Bedroom Description: Split Bedrooms
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Breakfast Room, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer/Dryer Hookup
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Cable Prewire, Surround Sound Wired, Vaulted Ceiling, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Pond
  • Exterior Finish: Stucco
  • Irrigation: Assessment Paid
  • Private Pool: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Solar, Screened, Self Cleaning
  • Private Spa: Below Ground, Concrete, Equipment Stays, Heated Solar, Pool Integrated, Screened, Self Cleaning
  • Road: City Maintained
  • Roof: Shingle
  • Windows: Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved, Street

Utilities

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

Condo/Co-op/Association

  • Amenities: Bike And Jog Path
  • Community Type: Non-Gated

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1

Fee Information

  • Master HOA Fee: 126
  • Master HOA Fee Frequency: Quarterly

Schools

  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Oversize
  • Rear Exposure: South
  • View: Pond
  • Lot Dimensions: 80 X 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2025
Sold by
Mulcahey Mark and Mulcahey Cheryl
Bought by
Mulcahey Revocable Trust and Mulcahey
Current Estimated Value
$788,055

Purchase Details

Listed on
Sep 18, 2015
Closed on
Mar 8, 2016
Sold by
Euler Thomas E and Euler Jennifer E
Bought by
Mulcahey Mark and Mulcahey Cheryl
Seller's Agent
Bill Archer
Keller Williams Realty Naples
Buyer's Agent
Bill Archer
Keller Williams Realty Naples
List Price
$494,900
Sold Price
$472,500
Premium/Discount to List
-$22,400
-4.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Apr 8, 2005
Sold by
Murchison James A
Bought by
Euler Thomas E and Euler Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2004
Sold by
Blaine John M
Bought by
Murchison James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
5.82%

Purchase Details

Closed on
Aug 27, 2001
Sold by
Madison Dev Corp
Bought by
Blaine John M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mulcahey Revocable Trust -- None Listed On Document
Mulcahey Revocable Trust -- None Listed On Document
Mulcahey Mark $472,500 Noble Title & Trust Llc
Euler Thomas E $445,000 Premier Title Assoc Inc
Murchison James A $335,000 --
Blaine John M $248,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Euler Thomas E $356,000
Previous Owner Murchison James A $318,250
Previous Owner Murchison James A $242,000
Previous Owner Murchison James A $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2016 03/08/16 Sold $472,500 -1.5% $222 / Sq Ft
01/07/2016 01/07/16 Pending -- -- --
11/01/2015 11/01/15 Price Changed $479,900 -1.0% $226 / Sq Ft
10/21/2015 10/21/15 Price Changed $484,900 -1.0% $228 / Sq Ft
10/02/2015 10/02/15 Price Changed $489,900 -1.0% $231 / Sq Ft
09/18/2015 09/18/15 For Sale $494,900 -- $233 / 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 $4,016 $444,221 -- --
2024 $3,978 $431,702 -- --
2023 $3,978 $419,128 $0 $0
2022 $4,077 $406,920 $0 $0
2021 $4,116 $395,068 $138,257 $256,811
2020 $4,177 $404,360 $156,692 $247,668
2019 $4,205 $366,157 $134,417 $231,740
2018 $4,233 $369,730 $147,858 $221,872
2017 $4,519 $393,336 $168,981 $224,355
2016 $2,473 $246,407 $0 $0
2015 $2,491 $244,694 $0 $0
2014 $2,490 $192,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 215050624

Naples Area Board of REALTORS®

APN: 56318500301