NOT LISTED FOR SALE

450 Saddlebrook Ln Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $849,000 - $929,000

3 Beds
2.5 Baths
2,127 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 17, 2020

Last sale price $485,000 $228 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,278/month

94 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • Great Room
  • Veterans Memorial Elementary School Rated A
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of June 2020

JUST REDUCED! Beautiful 3+den home in Horse Creek Estates with a spectacular long lake view and Southern exposure keeping sun on your pool and patio all day long! This coveted lot is very private overlooking the Turtle Preserve and will be protected from future development. A Tom Surrett (HCP) custom crafted home offers the finest in quality craftsmanship boasting hurricane protected doors and windows, volume ceilings, recessed lighting, wired for sound, 42' cabinets, Jack & Jill bath, solid core doors and French doors leading to pavered lanai from both master bedroom and living room, long brick driveway & 2.5 car garage! BETTER THAN NEW! This home has been impeccably maintained with over $125,000 in improvements done in last few years including BRAND NEW flat tile roof and gutters, pool heater, pump and timer, AC and compressor, exterior and interior paint and more! Horse Creek Estates is a small quiet enclave of single family luxury homes conveniently located in North Naples in an A+ school district, close to restaurants and shopping and only 3 miles to the beach. HOA covers all the landscaping, irrigation, street lamps, alarm monitoring, cable, internet and pest control!

Last Agent to Sell the Property

Susan Procacci

Florida Home Realty, Inc. Listed on: 01/11/2020

Florida Home Realty, Inc.

Co-Listed By

Armand Procacci

Florida Home Realty, Inc.

Last Buyer's Agent

Michael Eldredge

Kaplan Pro Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions: 80
  • Lake Front
  • South Facing Home
  • Landscaped

HOA Fees

  • $376 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Concrete Pool
  • Heated In Ground Pool

Schools

  • Veterans Memorial El Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 50940010980

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,762

Year Built

Built in 2005

Lot Details

0

HOA Fees

$376 per month

Parking

2

Listing Details

  • Legal Description: HORSE CREEK ESTATES LOT 82
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.285822$-81.783184$224.98$13.33$1.00$56YVwx0kM9ql9g1e0uc-ug
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 228.02
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2127
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Pantry, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • View: Lake, Landscaped Area
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Heated Electric, Screened
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: HORSE CREEK ESTATES
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Street Lights, Street Maintenance
  • Master Hoa Fee: 1128
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: No Approval Needed
  • Development: Horse Creek Estates
  • Amenities: Sidewalk, Streetlight, Underground Utility
  • Community Type: Non-Gated

Fee Information

  • Application Fee: 40.00

Schools

  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 23
  • Total Area: 3163
  • Waterfront: Yes
  • Acres: 0.2600
  • Rear Exposure: South
  • Lot Description: Regular
  • Lot Dimensions: 80 X 140
  • Parcel Number: 50940010980

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 4761.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Jun 17, 2020
Sold by
450 Saddlebrook Lane Llc
Bought by
Admonius Patricia and Admonius James A
Seller's Agent
Susan Procacci
Florida Home Realty, Inc.
Buyer's Agent
Michael Eldredge
Kaplan Pro Realty LLC
List Price
$549,000
Sold Price
$485,000
Premium/Discount to List
-$64,000
-11.66%
Current Estimated Value
$882,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,424
Avg. Annual Appreciation
11.34%
Original Mortgage
$363,750
Outstanding Balance
$322,437
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$559,987

Purchase Details

Closed on
Jul 3, 2018
Sold by
Mann Frank T and Mann Julie A
Bought by
450 Saddlebrook Lane Llc

Purchase Details

Closed on
Jul 14, 2006
Sold by
Fryer Christopher E and Fryer Kelly
Bought by
Mann Frank T and Mann Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2006
Sold by
Horse Creek Partners Ltd
Bought by
Fryer Christopher E and Fryer Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Admonius Patricia $485,000 Attorney
450 Saddlebrook Lane Llc -- Attorney
Mann Frank T $745,000 Heritage Title Svcs
Fryer Christopher E $540,248 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Admonius Patricia $363,750
Previous Owner Mann Frank T $300,000
Previous Owner Fryer Christopher E $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2020 06/17/20 Sold $485,000 -8.5% $228 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
02/08/2020 02/08/20 Price Changed $530,000 -3.5% $249 / Sq Ft
01/11/2020 01/11/20 For Sale $549,000 -- $258 / 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
2025 $3,454 $364,068 -- --
2024 $3,413 $353,808 -- --
2023 $3,413 $343,503 $0 $0
2022 $3,341 $333,498 $0 $0
2021 $3,374 $323,784 $0 $0
2020 $4,257 $368,601 $122,696 $245,905
2019 $4,762 $411,699 $125,440 $286,259
2018 $4,653 $402,623 $150,920 $251,703
2017 $4,250 $401,917 $150,920 $250,997
2016 $4,196 $398,187 $0 $0
2015 $4,044 $395,419 $0 $0
2014 $4,263 $347,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Procacci

    Seller's Agent in 2020

    Susan Procacci

    Florida Home Realty, Inc.

    (239) 353-2879

    33 Total Sales

    Susan Procacci
    Section Image
  • Armand Procacci

    Seller Co-Listing Agent in 2020

    Armand Procacci

    Florida Home Realty, Inc.

    (239) 494-2100

    43 Total Sales

    Armand Procacci
    Section Image

  • M

    Buyer's Agent in 2020

    Michael Eldredge

    Kaplan Pro Realty LLC

    (239) 248-9453

    38 Total Sales

    Michael Eldredge
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220004787

Naples Area Board of REALTORS®

APN: 50940010980

Florida Collier County Naples 34110 Palm River Estates

450 Saddlebrook Ln, Naples, FL

Not Listed for Sale

Detached

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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