$712,500
SOLD MAY 1, 2014

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

3 Beds
3 Baths
2,880 Sq Ft
2002 Built

Recently Sold

$247 Per Sq Ft

3% Below List Price

134 Days on Market

Highlights

  • Furnished
  • Naples Park Elementary School Rated A-
  • High-Rise Condominium

About This Home

As of May 2021

Rarely available is a 14th floor professionally decorated end unit unit with over $100,000 in upgrades. Robb & Stucky furnishing, crown molding, wood flooring, wide-span electric shutters, and custom lighting. Included is an exclusive membership to the Calypso Club (tranquil pool and spa, outdoor pavilion with fireplace, guest suites, social room and fitness center). Also available is a transfer membership to Tarpon Cove Yacht & Racquet Club (tropical pool with Tiki Bar, fitness center, Har Tru tennis courts, private boat shuttle to Delnor Wiggins Beach, off season Golf reciprocity, a full golf membership available to Spanish Wells and boat docks available for purchase or lease). This is a perfect vacation retreat.

Last Agent to Sell the Property

Melissa Wychocki

Downing Frye Realty Inc. License #NAPLES-249515638 Listed on: 11/26/2013

Downing Frye Realty Inc.

Co-Listed By

Mike McCabe

Downing Frye Referral Network License #NAPLES-249521431

Last Buyer's Agent

Howard Krass

License #NAPLES-737007100

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $9,167

Year Built

  • 2002

Interior Spaces

  • 2,880 Sq Ft Home
  • Furnished
  • Furnished or left unfurnished upon request

Listing and Financial Details

Community Details

Overview

  • $889 Additional Association Fee
  • $5,000 Secondary HOA Transfer Fee
  • High-Rise Condominium
  • Montego At Cove Towers Condos
  • 18-Story Property

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Other

Est. Annual Taxes

$9,167

Year Built

2002

Lot Details

0

Listing Details

  • Legal Description: MONTEGO AT COVE TOWERS PRESERVE A CONDOMINIUM # 1401
  • Building Design: High Rise (8+)
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Additional Rooms: Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch, Den/Study
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Eat-in Kitchen
  • Elevator: Private
  • Equipment: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Wall Oven, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Wood
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Foyer, French Doors, Laundry Tub, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Built-In Desk
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Room Count: 8
  • Furnished Description: Furnished
  • Num Unit Floor: 14
  • Price Per Sq Ft: 299.50
  • Total Floors: 18

Exterior Features

  • Roof: Tile
  • Boat Access: Dock Lease, Dock Purchase
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Gulf Access: Via Boat Lift
  • Irrigation: Reclaimed
  • Storm Protection: Electric Shutters
  • Windows: Casement, Picture, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Security: Entry Phone, Secured Garage, Gated, Guard At Gate, Lobby
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Basketball, Bike Storage, Cabana, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Hobby Room, Marina, Private Membership, Restaurant, Tennis Court, Trash Chute
  • Community Type: Boating, Gated, Tennis
  • Maintenance: Cable, Insurance, Lawn/Land Maintenance, Manager, Pest Control Exterior, Pest Control Interior, Repairs, Security, Sewer, Trash Removal, Water
  • Management Company Phone: 2397740105
  • Approval: Application Fee
  • Management: Professional
  • Sub Condo Name: MONTEGO AT COVE TOWERS

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Pets Limit Other: 2 cats or 1 dog
  • Development: Cove Towers

Fee Information

  • Condo Fees: 2667
  • Condo Fee Frequency: Quarterly
  • Master HOA Fee: 1070
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 5000.00
  • Application Fee: 100.00
  • One Time Other Fee: 889

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

  • Lot Description: Oversize
  • Rear Exposure: Southwest
  • View: City, Partial Gulf, Preserve
  • Waterfront: Bay, Mangrove, Navigable
  • Lot Unit: 1401
  • Section: 16
  • Total Area: 2880

Rental Info

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

Tax Info

  • Tax Description: County Only, No Homestead

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
Michael Bryant
Downing Frye Realty Inc.
List Price
$799,000
Sold Price
$772,500
Premium/Discount to List
-$26,500
-3.32%
Current Estimated Value
$1,199,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,896
Avg. Annual Appreciation
11.55%
Original Mortgage
$540,750
Outstanding Balance
$417,740
Interest Rate
2.4%
Mortgage Type
New Conventional
Estimated Equity
$808,626

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
Michael 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
$808,626

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

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 Type Sale Price Title Company
Warranty Deed $772,500 Grant Cottrell Miller-Meyers P
Warranty Deed $772,500 Grant Cottrell Miller-Meyers P
Warranty Deed $745,000 Cottrell Title & Escrow
Warranty Deed $712,500 Attorney
Warranty Deed $662,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $540,750 New Conventional
Closed $540,750 New Conventional
Previous Owner $100,000 Seller Take Back
Closed $0 No Value Available
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: 213510959

Naples Area Board of REALTORS®

APN: 60560000823