NOT LISTED FOR SALE

Estimated Value: $5,632,000 - $16,460,000

0.54 Acre
$22,730,463 Price per Acre
23,522 Sq Ft Lot

Last Sold May 27, 2020

Last sale price $4,799,687 $1,368 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $73,427/month

328 Days on Market

Highlights

  • Dock Available
  • Boating
  • Property Fronts a Bay or Harbor
  • Lake Park Elementary School Rated A
  • Water access To Gulf or Ocean

About This Lot

As of May 2020

Cutlass Cove is a coveted location by those who appreciate its safe harbor, its proximity to Gordon Pass, and its membership eligibility to join, not only the Port Royal Club but, in addition, the Cutlass Cove Beach Club. The property located at 4206 Cutlass Lane is an exceptionally deep property with sought after Western exposure and is situated only steps away from the private Cutlass Cove Beach Club. This advantage makes a quiet day on Naples' least traveled beachfront equally as available as a day on the water from one of Naples' most desirable boating locations. The existing Bellingham floating dock and boat lift, along with the exciting Cutlass Cove lifestyle, make this a unique opportunity to enjoy the best Naples has to offer.

Last Agent to Sell the Property

Richard Prebish

William Raveis Real Estate Listed on: 06/05/2019

William Raveis Real Estate

Co-Listed By

Thomas Campbell Jr

William Raveis Real Estate

Last Buyer's Agent

Karen Van Arsdale

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46,629

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Deeded Parking

Property Views

  • Bay Views

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 16861240006
  • Tax Block B

Community Details

Overview

  • Voluntary home owners association
  • Port Royal Condos

Recreation

  • Boating
  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Dock Available

Property Details

Property Type

Land

Est. Annual Taxes

$46,629

HOA Fees

$33 per month

Listing Details

  • Legal Description: CUTLASS COVE SECT PORT ROYAL BLK B, PORT OF LOTS 19 & 20 DESC AS FOLL: COMM NE CNR LOT 20, SELY ALG CRV 19.54FT TO POB, S81DEGW 225.3FT, S2DEGW 3.39FT, ALG CRV 96.77FT, N82DEGE 241.89FT, NWLY ALG CRV 101.45FT TO POB
  • Property Type: Lot & Land
  • Table: Lot & Land
  • Street View Param: 1$26.098884$-81.79952600000001$260.67$13.33$1.00$UXmGQGGSrzXYe7Hy5nQURw
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Gulf Access Type: No Bridge(s)/Water Direct
  • Gulf Access Yn: Yes
  • Waterfront Description: Bay
  • Boat Access: Dock Included
  • Irrigation: Reclaimed
  • View: Bay

Utilities

  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL
  • HOA Description: Voluntary
  • HOA Fees: 395.00
  • HOA Fee Frequency: Annually

Association/Amenities

  • Development: Port Royal
  • Community Type: Boating, Non-Gated

Lot Info

  • Section: 21
  • Waterfront: Yes
  • Land Use Code: 00-Vacant Residential
  • Lot Type: Residential Lot
  • Rear Exposure: W
  • Usage: Single Family
  • Parcel Number: 16861240006

Tax Info

  • Taxes: 46628.53
  • Tax Year: 2019
  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
May 26, 2020
Sold by
4206 Cutlass Lane Llc
Bought by
Grzywacz Edward A and Grzywacz Karen A
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
List Price
$5,495,000
Sold Price
$4,799,687
Premium/Discount to List
-$695,313
-12.65%
Current Estimated Value
$12,274,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,474,763
Avg. Annual Appreciation
17.61%

Purchase Details

Closed on
Jun 2, 2011
Sold by
Oconnor Sara S
Bought by
Rooney Real Estate Company Llc

Purchase Details

Closed on
Jun 7, 2007
Sold by
Oconnor Sara S and Sutherland Andrew R
Bought by
Oconnor Sara S

Purchase Details

Closed on
Jun 4, 2007
Sold by
Sutherland Donald C
Bought by
Oconnor Sara S and Sutherland Andrew R

Purchase Details

Closed on
Jan 31, 2003
Sold by
Sutherland Donald C and Sutherland Susan F
Bought by
Sutherland Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,869
Interest Rate
5.89%

Purchase Details

Closed on
Jan 26, 1994
Sold by
Sutherland Donald C and Sutherland Susan F
Bought by
Sutherland Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grzywacz Edward A $4,799,687 Attorney
Rooney Real Estate Company Llc $3,500,000 Attorney
Oconnor Sara S -- Attorney
Oconnor Sara S -- Attorney
Sutherland Donald C -- --
Sutherland Donald C -- --
Sutherland Donald C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutherland Donald C $446,869
Previous Owner Sutherland Donald C $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $4,799,687 -8.6% $1,368 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
01/21/2020 01/21/20 Price Changed $5,250,000 -4.5% $1,497 / Sq Ft
06/05/2019 06/05/19 For Sale $5,495,000 -- $1,566 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $122,700 $13,890,023 -- --
2024 $142,879 $13,498,565 $8,907,960 $4,590,605
2023 $142,879 $15,478,559 $0 $0
2022 $67,172 $5,682,019 $0 $0
2021 $53,005 $5,165,472 $5,119,733 $45,739
2020 $52,991 $5,220,043 $5,175,994 $44,049
2019 $46,629 $4,543,275 $4,500,864 $42,411
2018 $70,010 $6,162,774 $0 $0
2017 $58,330 $5,602,522 $0 $0
2016 $55,344 $5,093,202 $0 $0
2015 $54,837 $4,630,184 $0 $0
2014 $49,209 $4,209,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219030844

Naples Area Board of REALTORS®

APN: 16861240006

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