NOT LISTED FOR SALE

Estimated Value: $16,138,999

6 Beds
7 Baths
11,332 Sq Ft
$1,424/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $10,600,000 $935 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $93,563/month

157 Days on Market

Highlights

  • Central Heating and Cooling System
  • Lake Park Elementary School Rated A
  • Ceiling Fan

About This Home

As of March 2018

H.12250 - Masterpiece estate, designed by Stofft Cooney, welcomes visitors w/ enormous opulence & an ebullient & inviting spirit for entertainment. This 6 bed + den home displays exquisite finish w/ a blend of modern features & traditional influences to create a striking transitional-styled home. Features include White Oak flooring, coffered & tray ceilings, linear diffusers, recessed lighting, marble gas fireplace, gourmet kitchen & catering kitchen, formal dining, exercise room, wet-bar, 4-Bay Collector's garage & much more! Over 30' L-shaped bar with Wood Stone Pizza Oven on one end and walk-in climate controlled wine room at the other is perfect for entertainment. The gourmet kitchen features Wolf & other top-of-the line appliances, 2 commercial grade refrigerators and an enormous & stunning Carrera marble island & a finely appointed adjoining caterer's kitchen. The outdoor entertainment areas are not to be outdone w/ its negative-edge pool/spa w/ sun ledge, summer kitchen, fire pit & covered & open lanai spaces all overlooking Cutlass Cove. 60' floating dock w/ 16,000 lb. lift + walk-around Wave Runner Lifts. Eligible for membership to the exclusive Port Royal Club.

Last Agent to Sell the Property

Bill Earls

John R Wood Properties Listed on: 09/28/2017

John R Wood Properties

Co-Listed By

Larry Lappin

John R Wood Properties

Last Buyer's Agent

Walter Patrick

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2016

Lot Details

  • 0.58

Parking

  • Deeded Parking

Home Design

  • Tile

Interior Spaces

  • 11,332 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0.58 Acres

Listing Details

  • Legal Description: CUTLASS COVE SECT PORT ROYAL BLK B NLY 25 FT OF LOT 34 & SLY 75 FT OF LOT 33
  • Street View Param: 1$26.0987$-81.80066199999999$79.62$13.33$1.00$DS9ebSGFwbMHSldxvoFFdg
  • Building Design: Single Family
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Additional Rooms: Balcony, Exercise, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Double Oven, Dryer, Generator, Gas Grill, Stand-Alone Ice Maker, Microwave, Range, Refrigerator, Security System, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Fireplace, Foyer, French Doors, High Speed Available, Laundry Tub, Pantry, Tray Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1174.78
  • Total Floors: 2

Exterior Features

  • Boat Access: Boat Lift, Dock Included
  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Built In Grill, Built-In Gas Fire Pit, Deck, Patio
  • Exterior Finish: Stucco
  • Gulf Access: No Bridge(s)
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Heated Gas, Pool Bath
  • Private Spa: Below Ground, Concrete, Heated Gas
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Windows: Sliding
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Beach Access, Beach Club Available
  • Community Type: Boating, Tennis
  • Approval: Buyer
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Port Royal

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: East
  • View: Bay
  • Waterfront: Bay
  • Lot Dimensions: 101 X 229 X 107 X 265
  • Section: 21
  • Total Area: 11332

Rental Info

  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Mar 14, 2018
Sold by
Ferrara Andrea Hall
Bought by
Jpmorgan Trust Company Of Delaware
Seller's Agent
Bill Earls
John R Wood Properties
Buyer's Agent
Walter Patrick
Premier Sotheby's Int'l Realty
List Price
$12,500,000
Sold Price
$10,600,000
Premium/Discount to List
-$1,900,000
-15.2%
Current Estimated Value
$16,138,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,538,999
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Jul 1, 2015
Bought by
Wtf Lh Trust

Purchase Details

Closed on
Mar 5, 2015
Sold by
Janik Anthony P
Bought by
Janik Anthony P

Purchase Details

Closed on
Mar 1, 2015
Bought by
Wtf Lh Trust

Purchase Details

Closed on
Jun 22, 2012
Sold by
King Courtney Alan and King Christine Maier
Bought by
Janik Anthony P

Purchase Details

Closed on
Sep 29, 2006
Sold by
Yunker Bryant and Yunker Dorothy A
Bought by
King Courtney Alan and King Christine Maier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2004
Sold by
Ostertag Thomas F and Ostertag Jean A
Bought by
Yunker Bryant M and Yuunker Dorothy A
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
Jpmorgan Trust Company Of Delaware $10,600,000 Attorney
Wtf Lh Trust $100 --
Janik Anthony P -- Attorney
Wtf Lh Trust $100 --
Janik Anthony P $4,700,000 Attorney
King Courtney Alan $5,600,000 Attorney
Yunker Bryant M $4,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Courtney Alan $4,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2018 03/14/18 Sold $10,600,000 -10.9% $935 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
01/11/2018 01/11/18 Price Changed $11,900,000 -4.8% $1,050 / Sq Ft
09/28/2017 09/28/17 For Sale $12,500,000 -- $1,103 / 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 $126,057 $14,530,655 -- --
2024 $133,389 $13,209,686 -- --
2023 $133,389 $12,008,805 $0 $0
2022 $123,509 $10,917,095 $0 $0
2021 $101,841 $9,924,632 $5,327,562 $4,597,070
2020 $100,018 $9,852,522 $5,386,107 $4,466,415
2019 $116,953 $11,395,363 $7,025,357 $4,370,006
2018 $91,180 $8,612,258 $0 $0
2017 $80,669 $7,829,325 $3,806,000 $4,023,325
2016 $39,377 $3,806,000 $0 $0
2015 $39,575 $3,630,000 $0 $0
2014 $35,520 $3,300,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217059206

Naples Area Board of REALTORS®

APN: 16861680006

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