NOT LISTED FOR SALE

388 Colonial Dr Marco Island, FL 34145

Estimated Value: $1,506,000 - $2,164,000

4 Beds
4 Baths
2,965 Sq Ft
$572/Sq Ft Est. Value

Last Sold November 23, 2020

Last sale price $910,000 $307 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,048/month

390 Days on Market

Highlights

  • Screened Pool
  • View of Trees or Woods
  • Ranch Style House
  • Tommie Barfield Elementary School Rated A
  • Open Floorplan
  • Bonus Room

About This Home

As of November 2020

Welcome to this entertainer's dream custom built Four bedrooms Four full bathrooms which has been completely renovated in 2017 & conveniently located only one block away from Tigertail beach. Upgrades and features of the home are a large oversize resurfaced pool(2019) with an expansive screened and covered lanai, Separate sundeck, Circular paver driveway plus an additional two car attached side garage and driveway, Two fully upgraded kitchens including stainless steel appliances (Both off the pool and lanai which are perfect for entertaining), Two master bedrooms, Two full master bathrooms, Two full guest bathrooms, Two guest bedrooms, Oversize master walk in closets, Two additional full bathrooms, Living room, Family room, Two water mains, New Impact front door, Transom windows, All windows are Full Impact glass including sliders and French doors, New tile roof in 2017, 400 amp electric service with two panels, Five inch baseboards throughout, Two NEW Upgraded Air Conditioning systems, New tile floors in main living areas, New carpet in all bedrooms, Updated landscaping around entire home, ADT alarm system with glass tamper sensors on all windows and doors.

Last Agent to Sell the Property

Thomas Fahey

PREMIERE PLUS REALTY COMPANY License #3330771 Listed on: 10/05/2019

PREMIERE PLUS REALTY COMPANY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 2001

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 117x135x117x117
  • Southwest Facing Home
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF-3

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • Open Parking

Property Views

  • Woods
  • Pool

Home Design

  • Ranch Style House
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,965 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Windows
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Screened Patio

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required
  • City Lot

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Marco Beach Unit 12 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2965
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 7473
  • Lot Size Sq Ft: 14375
  • Directions to Property: North Collier Blvd to N. Kendall Dr turn heading North go approximately 3/4 mile to Colonial Ave and turn left. House is on the N/W corner of Colonial and N. Kendall.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447992?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447992?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 2395959093
  • Ratio: Close Price\List Price: 0.9589
  • Price per Sq Ft: 306.91
  • Close to Original List Price Ratio: 0.728
  • Ratio: Current Price\Building Area Total: 121.77
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Concrete, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Drapes, Insulated Windows, Rods, Shades, Window Treatments, Storm Window(s)
  • Street Number Modifier: 388
  • Room Count: 15
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Great Room, Inside Utility, Interior In-Law Suite, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12021C0828H
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Garage Faces Side, Guest
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF-3
  • Parcel Number: 58042760004
  • Additional Parcels: No
  • Lot Features: Corner Lot, Flood Insurance Required, FloodZone, City Lot, Oversized Lot, Sidewalk
  • Lot Dimensions: 117x135x117x117
  • Flood Zone Code: AE
  • Flood Zone Date: 2012-05-16
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6794
  • Tax Block: 380
  • Tax Book Number: 1343-373
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2019
Closed on
Nov 23, 2020
Sold by
Pagano Mercedes L and Pagano Richard A
Bought by
Five O Florida Sunrise Investment Co Llc
Seller's Agent
Thomas Fahey
PREMIERE PLUS REALTY COMPANY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,250,000
Sold Price
$910,000
Premium/Discount to List
-$340,000
-27.2%
Current Estimated Value
$1,668,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$758,587
Avg. Annual Appreciation
13.93%

Purchase Details

Closed on
May 12, 2006
Sold by
Pagano Richard A and Pagano Mercedes L
Bought by
Pagano Mercedes L

Purchase Details

Closed on
Aug 20, 1999
Sold by
Pietras Thomas J
Bought by
Pagano Richard A and Pagano Mercedes L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
7.73%
Source: Public Records

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
Five O Florida Sunrise Investment Co Llc $910,000 Title Alliance Of Collier Cn
Pagano Mercedes L -- Signature Title
Pagano Richard A $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pagano Richard A $472,000
Previous Owner Pagano Richard $150,000
Previous Owner Pagano Mercedes L $206,000
Previous Owner Pagano Richard A $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $910,000 -4.1% $307 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $949,000 -3.6% $320 / Sq Ft
10/04/2020 10/04/20 Price Changed $984,000 -1.5% $332 / Sq Ft
01/13/2020 01/13/20 Price Changed $999,000 -3.9% $337 / Sq Ft
11/19/2019 11/19/19 Price Changed $1,040,000 -12.6% $351 / Sq Ft
11/04/2019 11/04/19 Price Changed $1,190,000 -4.8% $401 / Sq Ft
10/02/2019 10/02/19 For Sale $1,250,000 -- $422 / Sq Ft
Source: Stellar MLS

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
2024 $12,321 $1,229,509 $677,222 $552,287
2023 $12,321 $1,119,931 $0 $0
2022 $11,863 $1,018,119 $0 $0
2021 $10,241 $925,563 $369,230 $556,333
2020 $6,935 $561,098 $0 $0
2019 $6,898 $548,483 $0 $0
2018 $6,794 $538,256 $0 $0
2017 $5,121 $382,258 $0 $0
2016 $5,068 $374,396 $0 $0
2015 $5,145 $371,793 $0 $0
2014 $5,150 $318,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4447992

Stellar MLS

APN: 58042760004