RENTED OCT 20, 2025

Estimated Value: $313,402 - $337,000

2 Beds
2 Baths
1,232 Sq Ft
$1,049/mo HOA Fee

Last Sold December 29, 2023

Last sale price $385,000 $312 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,051/month

16 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Private Membership Available
  • Calusa Park Elementary School Rated A-
  • Gated with Attendant
  • Clubhouse

About This Home

As of December 2023

Annual Rental with FULL Golf and Amenity Privileges! Exceptional 180 Degree Views from this Cedar Hammock Golf Top Floor Unit! Featuring 2 Bedrooms, 2 Baths, in-unit Laundry and Covered Parking. Inside this meticulously well kept unit you'll find a Bright and Open Concept floor-plan, and a Spacious Lanai overlooking the Lake and Golf Course. Located in the private and gated community of Cedar Hammock, enjoy your days on the green mastering the 18-hole course designed by Jed Azinger and Gordon Lewis, with water hazards on all 18 holes. Cedar Hammock is perfectly situated near everything Naples has to offer - White Sand Beaches, Fine Dining and Shopping, and easy access to I-75. Come see this beautiful unit and start living the Naples Lifestyle today. **No Pets or Smoking Allowed.**

Last Agent to Sell the Property

Brian Frye

Downing Frye Realty Inc. Listed on: 11/14/2023

Downing Frye Realty Inc.

Last Buyer's Agent

Suzanne Tjaden

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 2002

Lot Details

  • Lake Front
  • End Unit
  • 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

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Screened Porch
  • Storage

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

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

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 76527008506

Community Details

Overview

  • $4,500 Membership Fee
  • $350 Secondary HOA Transfer Fee
  • 799 Units
  • Private Membership Available
  • Terrace III Condos
  • Cedar Hammock Community
  • Mandatory home owners association

Amenities

  • Restaurant
  • Clubhouse
  • Elevator
  • Community Storage Space

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

  • Gated with Attendant
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,362

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,049 per month

Listing Details

  • Legal Description: TERRACE III AT CEDAR HAMMOCK A CONDOMINIUM UNIT 3141
  • Property Type: Residential
  • Table: Residential
  • Building Design: Mid Rise (4-7)
  • Building Description: End-Unit
  • Year Built: 2002
  • Directions: Please use gate off Davis(GPS will take you to the Collier entrance which is not accessible)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 4
  • Price Per Sq Ft: 312.50
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1232
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Room, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Internet Available, Pantry, Smoke Detectors, 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: Central
  • View: Golf Course, Lake, Preserve
  • Exterior Features: Patio, Storage
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Covered, Guest

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: TERRACE III
  • Condo Fees: 905
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Street Lights, Trash Removal
  • Master Hoa Fee: 2241
  • Master HOA Fee Frequency: Quarterly
  • Development Name: CEDAR HAMMOCK

Association/Amenities

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

Fee Information

  • Special Assessment: 415.00
  • Special Assessment Frequency: Quarterly
  • Transfer Fees: 350.00
  • Application Fee: 100.00
  • One Time Mandatory Club Fee: 4500

Schools

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

Lot Info

  • Builder Product: No
  • Section: 3
  • Total Area: 1362
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 76527008506

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2361.71
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 29, 2023
Sold by
Faessler Mark J and Faessler Karen C
Bought by
Fowler Melissa
Seller's Agent
Brian Frye
Downing Frye Realty Inc.
Buyer's Agent
Suzanne Tjaden
Premiere Plus Realty Company
List Price
$398,000
Sold Price
$385,000
Premium/Discount to List
-$13,000
-3.27%
Views
25
Current Estimated Value
$322,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,149
Avg. Annual Appreciation
-8.55%
Original Mortgage
$100,000
Outstanding Balance
$98,360
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$224,492

Purchase Details

Closed on
Jun 28, 2002
Sold by
U S Home Corp
Bought by
Faessler Mark J and Faessler Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,407
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fowler Melissa $385,000 None Listed On Document
Faessler Mark J $153,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Melissa $100,000
Previous Owner Faessler Mark J $138,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2025 10/20/25 Rented -- -- --
07/23/2025 07/23/25 For Rent $2,450 0.0% --
12/29/2023 12/29/23 Sold $385,000 -3.3% $313 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $398,000 -- $323 / 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 $3,664 $289,808 -- $289,808
2024 $2,817 $298,432 -- $298,432
2023 $2,817 $174,676 $0 $0
2022 $2,362 $158,796 $0 $0
2021 $2,816 $144,360 $0 $144,360
2020 $3,023 $150,520 $0 $150,520
2019 $3,724 $150,520 $0 $150,520
2018 $2,187 $150,520 $0 $150,520
2017 $2,172 $148,056 $0 $148,056
2016 $2,011 $144,360 $0 $0
2015 $1,936 $135,861 $0 $0
2014 -- $135,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223082510

Naples Area Board of REALTORS®

APN: 76527008506