425 3rd St N Naples, FL 34102
Old Naples NeighborhoodEstimated Value: $8,202,000 - $17,680,202
6
Beds
7.5
Baths
7,320
Sq Ft
$1,799/Sq Ft
Est. Value
Highlights
- Home Theater
- Heated In Ground Pool
- Vaulted Ceiling
- Lake Park Elementary School Rated A
- 0.53 Acre Lot
- Marble Flooring
About This Home
As of March 2022Situated amongst the mature trees and quiet charm of Olde Naples’ northern corridor, this new construction home provides a rare opportunity to live on over a half-acre of land, 1.5 blocks from the beach. Slated for completion in Q1 of 2022, this home is being built by the iconic home builder A. Vernon Allen and will have an astounding 7320 square feet under air with 5098 of those square feet on the first level! A motor-court style driveway is accessible from the street or the side alley providing garage spaces for 4 cars and a golf cart. The outdoor living area enjoys western exposure, a 60’ pool, 4 linear fire features, a sunken firepit, a large yard with gated beachgoer access, and an unrivaled amount of space to relax with family and friends. Pocketing sliding doors give a seamless transition to an awe-inspiring Great Room with a vented fireplace, a 22 foot vaulted ceiling, and dramatic beam-work. The master suite will have a vented fireplace of its own, vaulted ceilings, a morning bar, his/hers closets and a well-appointed master bath. There is a dedicated office, Bonus/Billiards room, and 5 additional guest suites –with a VIP suite looking down the entire length of the pool.
Last Agent to Sell the Property
Alfred Robbins Realty Group License #NAPLES-249523142 Listed on: 03/28/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $40,976
Year Built
- Built in 2022
Lot Details
- 0.53 Acre Lot
- Lot Dimensions: 150
- West Facing Home
- Fenced
Parking
- 4 Car Attached Garage
Home Design
- Concrete Block With Brick
- Stone Exterior Construction
- Stucco
- Tile
Interior Spaces
- 7,320 Sq Ft Home
- 2-Story Property
- Wet Bar
- Tray Ceiling
- Vaulted Ceiling
- Fireplace
- Shutters
- Single Hung Windows
- Casement Windows
- French Doors
- Great Room
- Combination Dining and Living Room
- Home Theater
- Den
Kitchen
- Eat-In Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Built-In or Custom Kitchen Cabinets
- Disposal
- Instant Hot Water
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Built-In Bedroom Cabinets
- Walk-In Closet
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Outdoor Shower
- Pool Equipment Stays
Outdoor Features
- Balcony
- Outdoor Fireplace
- Outdoor Kitchen
- Lanai
- Fire Pit
- Outdoor Gas Grill
Schools
- Lake Park Elementary School
- Gulfview Middle School
- Naples High School
Utilities
- Central Heating and Cooling System
- Smart Home Wiring
- Power Generator
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 14018080008
- Tax Block 25
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2021
Closed on
Mar 15, 2022
Sold by
Majab Development Llc
Bought by
Repulse Bay Llc
Seller's Agent
Alfred Valentine
Alfred Robbins Realty Group
Buyer's Agent
Glenn Thornhill
Waterfront Realty Group Inc
List Price
$14,295,000
Sold Price
$17,950,000
Premium/Discount to List
$3,655,000
25.57%
Total Days on Market
276
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,782,266
Avg. Annual Appreciation
-9.56%
Original Mortgage
$10,000,000
Outstanding Balance
$9,304,415
Interest Rate
2.13%
Mortgage Type
New Conventional
Estimated Equity
$3,657,980
Purchase Details
Closed on
Dec 30, 2019
Sold by
Pensco Trust Company Llc
Bought by
Majab Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,100,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 19, 2014
Sold by
Tomlinson Debra Jane Copenhaver
Bought by
Pensco Trust Company Llc
Purchase Details
Closed on
Sep 20, 2007
Sold by
Copenhaver William E and Copenhaver William Edward
Bought by
Copenhaver William Edward
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Repulse Bay Llc | -- | Stuart A Thompson Pa | |
| Majab Development Llc | $4,050,000 | Attorney | |
| Pensco Trust Company Llc | $2,300,000 | Attorney | |
| Copenhaver William Edward | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Repulse Bay Llc | $10,000,000 | |
| Previous Owner | Brinkmann Anna | $28,100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2022 03/31/22 | Sold | $17,950,000 | 0.0% | $2,452 / Sq Ft |
| 11/03/2021 11/03/21 | Off Market | $17,950,000 | -- | -- |
| 03/28/2021 03/28/21 | For Sale | $14,295,000 | -- | $1,953 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 | $139,391 | $15,063,282 | $8,417,268 | $6,646,014 |
| 2022 | $52,061 | $4,884,097 | $0 | $0 |
| 2021 | $46,521 | $4,440,088 | $0 | $0 |
| 2020 | $40,976 | $4,036,444 | $4,036,444 | $0 |
| 2019 | $34,871 | $3,397,680 | $3,397,680 | $0 |
| 2018 | $38,097 | $3,718,820 | $3,634,670 | $84,150 |
| 2017 | $37,354 | $3,489,706 | $0 | $0 |
| 2016 | $32,823 | $3,172,460 | $0 | $0 |
| 2015 | $37,573 | $3,532,409 | $0 | $0 |
| 2014 | $26,418 | $2,454,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alfred Valentine
Seller's Agent in 2022
Alfred Valentine
Alfred Robbins Realty Group
(239) 450-1728
1 in this area
55 Total Sales
-
Glenn Thornhill
G
Buyer's Agent in 2022
Glenn Thornhill
Waterfront Realty Group Inc
(239) 571-3619
23 in this area
48 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 221023355
APN: 14018080008
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