NOT LISTED FOR SALE

423 3rd St S Unit 423 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $798,530 - $1,174,000

2 Beds
2 Baths
1,271 Sq Ft
$774/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $570,000 $448 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,277/month

135 Days on Market

Highlights

  • Two Primary Bedrooms
  • Wood Flooring
  • High Impact Windows
  • Lake Park Elementary School Rated A
  • Great Room
  • Concrete Block With Brick

About This Home

As of June 2019

Steps to 5th Ave South shopping and Dining. Best opportunity to purchase a fully renovated downtown condo blocks from the beach and all Olde Naples has to offer. Roomy 2 Master Suites with all of the bells and whistles. Move-in Ready for 2019 winter season. Everything has been done from gourmet kitchen and modern styled bathrooms to impact doors and windows making this the perfect maintenance free winter get-away. Stroll famous 5th Ave South and 3rd Street's shopping districts. Only 6 units in this private community, well managed and low fees. Covered carport and extra storage for your beach toys. Fantastic garden setting, very tranquil in the heart of Naples.

Last Agent to Sell the Property

Rick Fioretti

Berkshire Hathaway FL Realty License #NAPLES-463502976 Listed on: 12/03/2018

Berkshire Hathaway FL Realty

Last Buyer's Agent

Lawrence Ebbs

Keller Williams Realty Naples License #NAPLES-249525685

Keller Williams Realty Naples

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,681

Year Built

  • Built in 1970

Lot Details

  • West Facing Home
  • Paved or Partially Paved Lot

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block With Brick
  • Metal Roof
  • Stone Exterior Construction

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • 4 Ceiling Fans
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Storage
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 08080200000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,681

Year Built

Built in 1970

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Legal Description: FRANKLIN ARMS, THE (CONDO) FAMILY UNIT 423
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141734$-81.80298700000003$128.41$13.33$1.00$iUT0e9JNNdbvZbQNGcag_w
  • Building Design: Low Rise (1-3)
  • Building Description: Garden Apt
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 2
  • Price Per Sq Ft: 448.47
  • Total Floors: 1
  • Additional Rooms: Great Room, Laundry in Residence
  • Estimated Living Area: 1271
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Two Master Suites
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Foyer, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: 2 Masters, Combo Tub And Shower, Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Road: City Maintained, Paved Road, Public Road
  • View: Landscaped Area
  • Exterior Features: Courtyard, Patio, Storage
  • Exterior Finish: Stone

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Driveway Paved, Guest, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Buyer, Interview
  • Management: Residents
  • Mandatory HOA: No
  • Restrictions: No Rental
  • Sub Condo Name: FRANKLIN ARMS
  • Condo Fees: 1150
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Repairs, Reserve, Sewer

Association/Amenities

  • Pets: With Approval
  • Development: Olde Naples
  • Amenities: Shopping, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 6
  • Total Number of Units: 6

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 423
  • Section: 4
  • Total Area: 1271
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Regular
  • Parcel Number: 08080200000

Rental Info

  • Lease Limits: Yes

Tax Info

  • Tax Description: City And County
  • Taxes: 2681.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2018
Closed on
Jun 12, 2019
Sold by
Maraval Christophe and Maraval Odile
Bought by
Mark A Cellucci Living Trust
Seller's Agent
Rick Fioretti
Berkshire Hathaway FL Realty
Buyer's Agent
Lawrence Ebbs
Keller Williams Realty Naples
List Price
$625,000
Sold Price
$570,000
Premium/Discount to List
-$55,000
-8.8%
Current Estimated Value
$983,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,383
Avg. Annual Appreciation
9.30%
Original Mortgage
$456,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2018
Sold by
Pickering Benjamin R and Pickering Elena V
Bought by
Helland Thomas F and Helland Mary K

Purchase Details

Listed on
Feb 5, 2013
Closed on
Aug 14, 2013
Sold by
Chaney Diana C and Chaney Ralph E
Bought by
Maraval Christophe and Maraval Odile
Seller's Agent
Sandra Malone
John R Wood Properties
Buyer's Agent
John Turner
John R Wood Properties
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$205,000
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Mark A Cellucci Living Trust $570,000 Attorney
Helland Thomas F -- None Available
Maraval Christophe $375,000 Naples Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark A Cellucci Living Trust $427,700
Closed Mark A Cellucci Living Trust $456,000
Previous Owner Maraval Christophe $30,000
Previous Owner Maraval Christophe $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2019 06/12/19 Sold $570,000 -5.0% $448 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
02/22/2019 02/22/19 Price Changed $599,999 -2.4% $472 / Sq Ft
01/28/2019 01/28/19 Price Changed $615,000 -1.6% $484 / Sq Ft
12/03/2018 12/03/18 For Sale $625,000 +66.7% $492 / Sq Ft
09/12/2013 09/12/13 Sold $375,000 0.0% $328 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $375,000 -- $328 / 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 $5,435 $545,904 $0 $0
2022 $5,250 $496,276 $0 $0
2021 $4,630 $451,160 $0 $451,160
2020 $4,580 $451,160 $0 $451,160
2019 $2,793 $309,768 $0 $0
2018 $2,728 $303,992 $0 $0
2017 $2,681 $297,739 $0 $0
2016 $2,631 $291,615 $0 $0
2015 $2,685 $289,588 $0 $0
2014 $2,694 $237,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218079739

Naples Area Board of REALTORS®

APN: 08080200000