NOT LISTED FOR SALE

Estimated Value: $5,901,000 - $15,164,192

5 Beds
7 Baths
11,933 Sq Ft
$883/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $16,100,000 $1,349 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $63,178/month

16 Days on Market

About This Home

As of February 2018

Designed by one of Naples most revered architects, Kasimir Korybut, this home is acclaimed to be one of his finest Port Royal creations. A true work of art, this home is an island-colonial masterpiece originally constructed and recently renovated by A. Vernon Allen Builder, Inc. Perhaps the best docking location in all of Port Royal, it has easily accommodated a sailing vessel of over 100 feet and a number of smaller boats. This timeless estate with its elegant grounds and breathtaking views celebrate your arrival. Refined interiors permit graceful entertaining of any magnitude. A true Port Royal icon. Port Royal Club and Cutlass Cove Beach Club membership eligibility.

Last Agent to Sell the Property

Richard Prebish

William Raveis Real Estate Listed on: 11/13/2017

William Raveis Real Estate

Last Buyer's Agent

Karen Van Arsdale

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Year Built

  • 1993

Lot Details

  • 0.97

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Tile

Interior Spaces

  • 11,933 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1993

Lot Details

0.97 Acres

Listing Details

  • Legal Description: CUTLASS COVE SECT PORT ROYAL BLK B S2/3 OF LOT 10, ALL OF LOT 11 OR 1687 PG 1678
  • Street View Param: 1$26.098401$-81.79801099999997$50.94$13.33$1.00$B1n-_fBW_AZOio7mfv-fSw
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1993

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Bedrooms and Dens: 5+Den
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Dishwasher, Dryer, Freezer, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-In Cabinets, French Doors, Walk-In Closet, Wet Bar
  • Primary Bathroom: Dual Sinks, Shower Only
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1939.29
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block, Wood Frame
  • Exterior Finish: Stucco
  • Gulf Access: No Bridge(s)
  • Irrigation: Reclaimed
  • Private Pool: Below Ground
  • Private Spa: Below Ground
  • Windows: Casement, Picture
  • Roof: Built-Up Or Flat, Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Community Type: Boating
  • HOA Description: Voluntary
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL

Association/Amenities

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

Fee Information

  • HOA Fees: 395
  • HOA Fee Frequency: Annually

Lot Info

  • Rear Exposure: East
  • View: Bay
  • Waterfront: Bay
  • Lot Dimensions: 182 X 254 X 203 X 250
  • Section: 21
  • Total Area: 11933

Tax Info

  • Tax Description: City And County, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Feb 16, 2018
Sold by
Price Michael W and Price Susan E
Bought by
Price Michael W and Price Susan E
Seller's Agent
Richard Prebish
William Raveis Real Estate
Buyer's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
List Price
$16,500,000
Sold Price
$16,100,000
Premium/Discount to List
-$400,000
-2.42%
Current Estimated Value
$10,532,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,567,404
Avg. Annual Appreciation
-5.17%

Purchase Details

Listed on
Aug 26, 2014
Closed on
Oct 31, 2014
Sold by
Fogg Joseph G and Solbert Fogg Leslie Kirk
Bought by
Price Michael W and Price Susan E
Seller's Agent
Thomas Campbell Jr
William Raveis Real Estate
Buyer's Agent
Rex Miller
William Raveis Real Estate
List Price
$12,500,000
Sold Price
$10,692,000
Premium/Discount to List
-$1,808,000
-14.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.21%
Original Mortgage
$4,000,000
Interest Rate
2.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2004
Sold by
Fogg Joseph G and Fogg Leslie Kirk Solbert
Bought by
Fogg Joseph G and Fogg Leslie Kirk Solbert
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
Price Michael W $16,100,000 Attorney
Price Michael W $10,692,000 Attorney
Fogg Joseph G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Price Michael W $4,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2018 02/16/18 Sold $16,100,000 -2.4% $1,349 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $16,500,000 +54.3% $1,383 / Sq Ft
10/31/2014 10/31/14 Sold $10,692,000 -14.5% $1,288 / Sq Ft View Prior Sale
09/18/2014 09/18/14 Pending -- -- --
08/26/2014 08/26/14 For Sale $12,500,000 -- $1,506 / 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 $107,673 $12,193,743 -- --
2024 $106,108 $11,850,090 -- --
2023 $106,108 $11,504,942 $0 $0
2022 $109,156 $11,169,847 $0 $0
2021 $110,889 $10,844,512 $0 $0
2020 $108,186 $10,694,785 $9,040,965 $1,653,820
2019 $129,548 $12,660,227 $11,792,563 $867,664
2018 $96,836 $9,490,353 $0 $0
2017 $95,994 $9,354,255 $7,112,250 $2,242,005
2016 $105,109 $10,196,579 $0 $0
2015 $106,412 $10,041,458 $0 $0
2014 $83,704 $7,763,577 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217068741

Naples Area Board of REALTORS®

APN: 16860920000

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