NOT LISTED FOR SALE

Estimated Value: $3,220,000 - $3,512,000

2 Beds
1 Bath
1,141 Sq Ft
$2,969/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $3,320,000 $2,910 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $19,422/month

193 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Floor-to-Ceiling Windows
  • Room in yard for a pool
  • Lake Park Elementary School Rated A
  • Fruit Trees
  • Vaulted Ceiling

About This Home

As of June 2024

Imagine everyday... Walking to all of the most desirable locations in Old Naples -- only 3 blocks to our gorgeous sandy beach for sunset or a refreshing stroll, 2 blocks to 5th Ave South for dinner & drinks, just 5 short blocks to 3rd Street South for breakfast, or lunch, or shopping after a visit to the farmer's market Saturday morning... "Tennis anyone ?"... let's go for a game to Cambier Park... again just a few minutes walk. This little 7th Avenue South home on an 8000+ sq. ft. homesite truly delivers on the location, location, location anthem! Just visit the street scene and beauty of the lovely Royal Palm lined avenue close to gently curving West Lake Drive - offering the charming mixture of lushly finished palatial mansions and uniquely renovated older homes that you can only find in Old Naples.

Last Agent to Sell the Property

Bill Scherer

Excel Real Estate Services Inc License #NAPLES-249501233 Listed on: 10/12/2023

Last Buyer's Agent

Douglas Grant

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,439

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 67
  • North Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Manual Sprinklers System
  • Fruit Trees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • 2 Parking Garage Spaces

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Jalousie or louvered window
  • Solar Tinted Windows
  • Single Hung Windows
  • Floor-to-Ceiling Windows
  • Bay Window
  • Sliding Windows
  • French Doors
  • Great Room
  • Family or Dining Combination
  • Den
  • Sun or Florida Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Lanai
  • Outdoor Grill
  • Enclosed Glass Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 11433120009
  • Tax Block E

Community Details

Overview

  • Olde Naples Community

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Tennis Courts
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,439

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Legal Description: LAKEVIEW TERRACE BLK E W 60FT OF LOTS 14 & 15
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.139082$-81.801591$338.97$13.33$1.00$D9fCQExRHjLDXm_2wuBybA
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch, Florida, Traditional
  • Year Built: 1951
  • Property Information: Imagine everyday... Walking to all of the most desirable locations in Old Naples -- only 3 blocks to our gorgeous sandy beach for sunset or a refreshing stroll, 2 blocks to 5th Ave South for dinner & drinks, just 5 short blocks to 3rd Street South for breakfast, or lunch, or shopping after a visit to the farmer's market Saturday morning... "Tennis anyone ?"... let's go for a game to Cambier Park... again just a few minutes walk. This little 7th Avenue South home on an 8000+ sq. ft. homesite truly delivers on the location, location, location anthem! Just visit the street scene and beauty of the lovely Royal Palm lined avenue close to gently curving West Lake Drive - offering the charming mixture of lushly finished palatial mansions and uniquely renovated older homes that you can only find in Old Naples.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2909.73
  • Total Floors: 1
  • Additional Rooms: Den/Study, Florida Room, Glass Porch, Laundry in Garage, Open Porch/Lanai
  • Estimated Living Area: 1141
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedroom Description: First Floor Bedroom, Master BR Sitting Area
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Equipment: Auto Garage Door, Dryer, Washer
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Foyer, French Doors, Multiple Phone Lines, Smoke Detectors, Volume Ceiling
  • Kitchen: Gas Available
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Bay, Jalousie, Single Hung, Sliding, Solar Tinted

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central, Well
  • Road: City Maintained, Paved Road
  • View: Landscaped Area
  • Exterior Features: Fence, Fruit Trees, Grill, Patio, Room for Pool, Sprinkler Manual
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 2+ Spaces, Covered, Driveway Paved, Guest, Under Bldg Closed

Utilities

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

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Architectural
  • Sub Condo Name: OLDE NAPLES
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: Bike Storage, Community Park, Extra Storage, Guest Room, Internet Access, Other, Shopping, Sidewalk, Streetlight, Tennis Court
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: Yes
  • Lot Back: 67
  • Lot Frontage: 67
  • Lot Left: 121
  • Lot Right: 121
  • Lot Unit: 14
  • Section: 4
  • Total Area: 1730
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 67 X 121
  • Parcel Number: 11433120009

Rental Info

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

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 16439.48
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Jun 7, 2024
Sold by
Scherer William G and Scherer Kurt G
Bought by
Villavarayan Chrishan A
Seller's Agent
Bill Scherer
Excel Real Estate Services Inc
Buyer's Agent
Douglas Grant
John R Wood Properties
List Price
$5,000,000
Sold Price
$3,320,000
Premium/Discount to List
-$1,680,000
-33.6%
Views
90
Current Estimated Value
$3,387,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,796
Avg. Annual Appreciation
1.60%

Purchase Details

Closed on
Feb 1, 2023
Sold by
Downey Family Trust
Bought by
William C Scherer Trust

Purchase Details

Closed on
Jun 17, 2015
Sold by
Scherer William C and Scherer Irene K
Bought by
Scherer William C
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
Villavarayan Chrishan A $3,320,000 None Listed On Document
William C Scherer Trust -- --
Scherer William C -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $3,320,000 -11.1% $2,910 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
02/03/2024 02/03/24 Price Changed $3,735,000 -13.0% $3,273 / Sq Ft
01/13/2024 01/13/24 Price Changed $4,295,000 -4.4% $3,764 / Sq Ft
12/12/2023 12/12/23 Price Changed $4,495,000 -10.1% $3,940 / Sq Ft
10/12/2023 10/12/23 For Sale $5,000,000 -- $4,382 / 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 $18,367 $2,514,448 $2,484,000 $30,448
2024 $18,520 $1,831,465 -- --
2023 $18,520 $1,664,968 $0 $0
2022 $16,439 $1,513,607 $0 $0
2021 $14,120 $1,376,006 $1,348,618 $27,388
2020 $13,154 $1,295,771 $1,270,210 $25,561
2019 $12,202 $1,188,904 $1,176,120 $12,784
2018 $13,479 $1,150,756 $0 $0
2017 $12,461 $1,046,142 $0 $0
2016 $10,941 $951,038 $0 $0
2015 $10,136 $864,580 $0 $0
2014 $9,614 $785,982 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223068225

Naples Area Board of REALTORS®

APN: 11433120009