NOT LISTED FOR SALE

Estimated Value: $318,431 - $352,000

2 Beds
2 Baths
1,232 Sq Ft
$853/mo HOA Fee

Last Sold May 06, 2021

Last sale price $172,000 $140 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,013/month

55 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Clubhouse
  • Calusa Park Elementary School Rated A-
  • Fitness Center
  • Great Room

About This Home

As of May 2021

APPROVED SHORT SALE !!!!!! MUST SEE THE GOLF COURSE AND LAKE VIEWS FROM THIS 2 BEDROOM CONDO THAT IS TURNKEY FURNISHED EXCEPT LANAI FURNITURE DOES NOT CONVEY. CEDAR HAMMOCK IS A BUNDLED GOLF COMMUNITY THAT HAS BEEN RECENTLY UPDATED .FANTASTIC AMENITIES INCLUDE 18 HOLE CHAMPIONSHIP GOLF COURSE, FOUR HEATED POOLS, FITNESS CENTER, AND TENNIS. LIVE THIS GREAT LIFESTYLE AT A VERY AFFORDABLE PRICE. GREAT LOCATION AND ONLY 15 MINUTES TO DOWNTOWN 5TH AVENUE THAT OFFERS FINE AND CASUAL DINING, SHOPS, ART GALLERIES AND SUGAR SAND BEACHES.
THIS IS A SHORT SALE AND Bank HAS APPROVED this price Hurry!!

Last Agent to Sell the Property

Nancy Burgess

Compass Florida LLC License #NAPLES-249501579 Listed on: 02/05/2021

Compass Florida LLC

Co-Listed By

Sarah Chelnik

Downing Frye Realty Inc. License #NAPLES-249520055

Last Buyer's Agent

Katie Early

Sun Realty License #NAPLES-448002264

Sun Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • Southeast Facing Home
  • Gated Home

HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Garden Apartment
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,232 Sq Ft Home
  • 3-Story Property
  • Window Treatments
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Deeded Parking

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 76527008467

Community Details

Overview

  • $3,500 Secondary HOA Transfer Fee
  • 30 Units
  • Low-Rise Condominium
  • Terrace Iii Condos

Amenities

  • Restaurant
  • Clubhouse
  • Business Center
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Exercise Course
  • Community Pool
  • Putting Green
  • Park
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,966

Year Built

Built in 2002

Lot Details

0

HOA Fees

$853 per month

Listing Details

  • Legal Description: TERRACE III AT CEDAR HAMMOCK A CONDOMINIUM UNIT 3137
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: Garden Apt
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 3
  • Price Per Sq Ft: 139.61
  • Total Floors: 3
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1232
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Public Road
  • View: Golf Course, Lake
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-939-2999
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: TERRACE III
  • Condo Fees: 726
  • Condo Fee Frequency: Quarterly
  • Maintenance: Golf Course, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Street Lights, Street Maintenance, Trash Removal
  • Club Fee Mandatory: 7336
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Development: Cedar Hammock
  • Amenities: Bike And Jog Path, Business Center, Clubhouse, Community Park, Community Pool, Community Room, Exercise Room, Fitness Center Attended, Golf Course, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 30
  • Total Number of Units: 800

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: 3137
  • Section: 3
  • Total Area: 1450
  • Waterfront: Yes
  • Rear Exposure: Southeast
  • Lot Description: Regular
  • Parcel Number: 76527008467

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2966.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2024
Sold by
German Mark W and German Donna S
Bought by
Mark W German And Donna S German Revocable Li and German
Total Days on Market
55
Current Estimated Value
$341,358

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 6, 2021
Sold by
Cody Douglas R and Cody Doreen M
Bought by
German Mark W and German Donna S
Seller's Agent
Nancy Burgess
Compass Florida LLC
Buyer's Agent
Katie Early
Sun Realty
List Price
$176,900
Sold Price
$172,000
Premium/Discount to List
-$4,900
-2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.25%

Purchase Details

Closed on
Oct 26, 2005
Sold by
Larkins Gary and Larkins Marsha L
Bought by
Cody Douglas R and Cody Doreen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Mark W German And Donna S German Revocable Li -- None Listed On Document
German Mark W $172,500 Accommodation
Cody Douglas R $406,000 Island Title Guaranty Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cody Douglas R $324,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $172,000 -2.8% $140 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $176,900 0.0% $144 / Sq Ft
03/23/2021 03/23/21 For Sale $176,900 +4.1% $144 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $170,000 -- $138 / 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
2023 $2,923 $195,840 $0 $0
2022 $2,461 $178,036 $0 $178,036
2021 $2,759 $139,360 $0 $139,360
2020 $2,966 $145,520 $0 $145,520
2019 $3,667 $145,520 $0 $145,520
2018 $2,130 $145,520 $0 $145,520
2017 $2,114 $143,056 $0 $143,056
2016 $1,953 $139,360 $0 $0
2015 $1,877 $130,861 $0 $0
2014 $1,894 $130,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221009879

Naples Area Board of REALTORS®

APN: 76527008467