NOT LISTED FOR SALE

Montego at Cove Towers 445 Cove Tower Dr Unit 1401 Naples, FL 34110

Estimated Value: $1,135,000 - $1,296,834

3 Beds
3 Baths
2,379 Sq Ft
$1,021/mo HOA Fee

Last Sold May 12, 2021

Last sale price $772,500 $325 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,660/month

58 Days on Market

Highlights

  • Marina
  • Home fronts navigable water
  • Mangrove Front
  • Naples Park Elementary School Rated A-
  • Private Beach
  • 24-Hour Guard

About This Home

As of May 2021

Feel far removed from the hurried pace of life here, like you’ve landed in an exotic new place. Here, homeowners leave the stresses of the day behind and pass into a world of private luxury where peace and tranquility are more than descriptions, they're a lifestyle. Take the elevator to this 14th flr. residence from the soon-to-be renovated lobby. The exterior of the building will be painted in 2021 - No special assessments for either of these projects. The sprawling floorplan is great for entertaining and has gorgous wood floors. One year home warranty included! The location offers convenient access to North Naples attractions. Hop in your kayak to explore the waterways. Owners in Montego have use of the Calypso Club featuring a pool/spa, fitness cntr, massage/spa rms, social rm with a wet bar and fireplace, terrace pavilion and guest suites for your visitors. Optional Tarpon Cove Yacht and Racquet Club membership available w/tennis, year-round golf at The Club at the Strand, and a boat shuttle to the beach. Boat docks available with easy Gulf access.Be a MEMBER FOR A DAY to see how this lifestyle feels!

Last Agent to Sell the Property

April Keating

Premiere Plus Realty Company License #NAPLES-249520887 Listed on: 02/06/2021

Premiere Plus Realty Company

Last Buyer's Agent

Mike Bryant

Downing Frye Realty Inc. License #NAPLES-249517158

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,107

Year Built

  • Built in 2002

Lot Details

  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Private Beach
  • Northwest Facing Home
  • Gated Home
  • Fruit Trees

HOA Fees

  • $1,021 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • 1 Parking Garage Space
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 2,379 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Solar Tinted Windows
  • Shutters
  • Double Hung Windows
  • Sliding Windows
  • French Doors
  • Breakfast Room
  • Home Office
  • Recreation Room
  • Screened Porch
  • Wood Flooring
  • Ocean To Bay Views

Kitchen

  • Double Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • No Fixed Bridges
  • Mangrove Front

Schools

  • Naples Park Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60560000823

Community Details

Overview

  • 58 Units
  • Private Membership Available
  • High-Rise Condominium
  • Montego At Cove Towers Condos

Amenities

  • Restaurant
  • Bike Room
  • Community Storage Space

Recreation

  • Gulf Boat Access
  • Marina
  • Private Beach Pavilion
  • Tennis Courts
  • Racquetball
  • Community Playground
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,107

Year Built

Built in 2002

Lot Details

0

HOA Fees

$1,021 per month

Parking

1

Listing Details

  • Legal Description: MONTEGO AT COVE TOWERS PRESERVE A CONDOMINIUM # 1401
  • Property Type: Residential
  • Table: Residential
  • Building Design: High Rise (8+)
  • Storm Protection: Shutters
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 14
  • Price Per Sq Ft: 324.72
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Home Office, Laundry in Residence, Recreation, Screened Lanai/Porch
  • Estimated Living Area: 2379
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Room
  • Elevator: Private
  • Equipment: Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Coffered Ceiling, French Doors, High Speed Available, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk-In Closet, Wheel Chair Access, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung, Sliding, Solar Tinted

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • View: Gulf and Bay
  • Exterior Features: Fence, Fruit Trees
  • Exterior Finish: Stucco
  • Waterfront Type: Bay, Mangrove, Navigable

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Common, Covered, Under Bldg Open

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-593-3977
  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: MONTEGO AT COVE TOWERS
  • Condo Fees: 3064.2
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Antenna/Satellite, Master Association Fee Incl, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Security, Sewer, Street Lights, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Other: 2 cats, one dog
  • Development: Cove Towers
  • Amenities: Beach - Private, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Marina, Play Area, Private Beach Pavilion, Private Membership, Putting Green, Racquet Ball, Restaurant, Streetlight, Tennis Court
  • Community Type: Gated
  • Units In Building: 58
  • Total Number of Units: 232

Schools

  • Elementary School: NAPLES PARK ELEMENTARY SCHOOL
  • Middle School: NORTH NAPLES MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Naples Park Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: Yes
  • Lot Unit: 1401
  • Section: 16
  • Total Area: 2880
  • Waterfront: Yes
  • Rear Exposure: Northwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 60560000823

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: No Homestead
  • Taxes: 6107.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2021
Closed on
May 14, 2021
Sold by
Malhotra Praveen K and Malhotra Varsha
Bought by
Joseph Walkiewicz And Anne Marie Walkiewicz T and Walkiew Anne
Seller's Agent
April Keating
Premiere Plus Realty Company
Buyer's Agent
Mike Bryant
Downing Frye Realty Inc.
List Price
$799,000
Sold Price
$772,500
Premium/Discount to List
-$26,500
-3.32%
Total Days on Market
58
Current Estimated Value
$1,230,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,959
Avg. Annual Appreciation
12.05%
Original Mortgage
$540,750
Outstanding Balance
$417,740
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$812,719

Purchase Details

Listed on
Feb 6, 2021
Closed on
May 11, 2021
Sold by
Malhotra Praveen K and Malhotra Varsha
Bought by
Joseph Walkiewicz And Anne Marie Walkiewicz T
Seller's Agent
April Keating
Premiere Plus Realty Company
Buyer's Agent
Mike Bryant
Downing Frye Realty Inc.
List Price
$799,000
Sold Price
$772,500
Premium/Discount to List
-$26,500
-3.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,750
Outstanding Balance
$417,740
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$812,719

Purchase Details

Listed on
Nov 16, 2016
Closed on
Feb 24, 2017
Sold by
Brassel Tainada W
Bought by
Malhotra Praveen K and Malhotra Varsha
Seller's Agent
Steve Bacardi
Coldwell Banker Realty
Buyer's Agent
April Keating
Premiere Plus Realty Company
List Price
$749,900
Sold Price
$745,000
Premium/Discount to List
-$4,900
-0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%

Purchase Details

Listed on
Nov 26, 2013
Closed on
May 2, 2014
Sold by
Bercume Ronald E and Bercume Irene
Bought by
Brassel Tainada W
Seller's Agent
Melissa Wychocki
Downing Frye Realty Inc.
Buyer's Agent
Howard Krass
List Price
$735,000
Sold Price
$712,500
Premium/Discount to List
-$22,500
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 30, 2003
Sold by
Bay Colony Gateway Inc
Bought by
Bercume Ronald R and Bercume Irene
Source: Public Records

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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
Joseph Walkiewicz And Anne Marie Walkiewicz T $772,500 Grant Cottrell Miller-Meyers P
Joseph Walkiewicz And Anne Marie Walkiewicz T $772,500 Grant Cottrell Miller-Meyers P
Malhotra Praveen K $745,000 Cottrell Title & Escrow
Brassel Tainada W $712,500 Attorney
Bercume Ronald R $662,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Walkiewicz And Anne Marie Walkiewicz T $540,750
Closed Joseph Walkiewicz And Anne Marie Walkiewicz T $540,750
Previous Owner Brassel Tainada W $100,000
Closed Bercume Ronald R $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $772,500 -2.1% $325 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/21/2021 03/21/21 Price Changed $789,000 -1.3% $332 / Sq Ft
02/06/2021 02/06/21 For Sale $799,000 +7.2% $336 / Sq Ft
02/24/2017 02/24/17 Sold $745,000 -0.7% $259 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
11/16/2016 11/16/16 For Sale $749,900 +5.2% $260 / Sq Ft
05/01/2014 05/01/14 Sold $712,500 -3.1% $247 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $735,000 -- $255 / 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 $9,167 $842,082 $0 $0
2022 $8,010 $765,529 $0 $765,529
2021 $6,164 $603,380 $0 $603,380
2020 $6,107 $603,380 $0 $603,380
2019 $6,571 $603,380 $0 $603,380
2018 $6,559 $603,380 $0 $603,380
2017 $5,433 $534,538 $0 $0
2016 $5,312 $523,544 $0 $0
2015 $5,358 $519,905 $0 $0
2014 $5,213 $451,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221009428

Naples Area Board of REALTORS®

APN: 60560000823