Seller's Agent in 2021
Joe Olivastro
William Raveis Real Estate
(239) 777-3225
5 in this area
33 Total Sales
4740 Formosa Dr Naples, FL 34119
Arrowhead-Island Walk NeighborhoodEstimated Value: $807,532 - $944,000
3
Beds
3.5
Baths
2,707
Sq Ft
$323/Sq Ft
Est. Value
Highlights
- Lake Front
- Screened Pool
- Clubhouse
- Vineyards Elementary School Rated A
- Gated Community
- Main Floor Primary Bedroom
About This Home
As of January 2021Very popular "IBIS" floorplan by WCI with amazing southern lake views. The IBIS floor plan has 3 bedrooms, first floor den/office, and a large second floor loft - perfect for a kids playroom! This home has impact glass throughout with all of WCI's known high-end finishes! Raffia Preserve is located in a fantastic school district and amenities include a resort-style pool, playground, basketball court, fitness center, and clubroom. Professional/additional photos to be taken this week.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,904
Year Built
- Built in 2017
Lot Details
- 7,405 Sq Ft Lot
- Lake Front
- South Facing Home
HOA Fees
- $249 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
Home Design
- Entry on the 1st floor
- Concrete Block With Brick
- Wood Frame Construction
- Stucco
- Tile
Interior Spaces
- 2,707 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Great Room
- Family or Dining Combination
- Den
- Loft
- Lake Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Range
- Microwave
- Kitchen Island
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Dual Sinks
- Shower Only
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- High Impact Windows
- Fire and Smoke Detector
Pool
- Screened Pool
- Concrete Pool
- In Ground Pool
Outdoor Features
- Lanai
Schools
- Vineyards Elementary School
- Oakridge Middle School
- Gulf Coast High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 69020004603
Community Details
Overview
- Mandatory home owners association
Recreation
- Community Basketball Court
- Community Playground
- Exercise Course
- Community Pool
- Park
- Bike Trail
Additional Features
- Clubhouse
- Gated Community
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 25, 2023
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Oct 18, 2020
Closed on
Jan 14, 2021
Sold by
Bought by
Seller's Agent
Joe Olivastro
William Raveis Real Estate
Buyer's Agent
April Hoover
Alfred Robbins Realty Group
List Price
$619,000
Sold Price
$580,000
Premium/Discount to List
-$39,000
-6.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$430,000
Interest Rate
2.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 26, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,075
Interest Rate
3.97%
Mortgage Type
VA
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| $580,000 | Attorney | ||
| $492,500 | North American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $430,000 | ||
| Previous Owner | $482,075 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2021 01/19/21 | Sold | $580,000 | -3.3% | $214 / Sq Ft |
| 12/10/2020 12/10/20 | Pending | -- | -- | -- |
| 11/16/2020 11/16/20 | Price Changed | $599,900 | -3.1% | $222 / Sq Ft |
| 10/18/2020 10/18/20 | For Sale | $619,000 | -- | $229 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,041 | $631,658 | -- | -- |
| 2024 | $6,208 | $613,856 | $163,507 | $450,349 |
| 2023 | $6,208 | $617,500 | $0 | $0 |
| 2022 | $6,367 | $599,515 | $0 | $0 |
| 2021 | $4,073 | $381,210 | $0 | $0 |
| 2020 | $3,977 | $375,947 | $0 | $0 |
| 2019 | $3,904 | $367,495 | $77,421 | $290,074 |
| 2018 | $4,676 | $392,496 | $54,326 | $338,170 |
| 2017 | $837 | $47,300 | $0 | $0 |
| 2016 | $495 | $43,000 | $0 | $0 |
| 2015 | $498 | $42,625 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Olivastro
-
April Hoover
Buyer's Agent in 2021
April Hoover
Alfred Robbins Realty Group
(239) 248-7885
26 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 220066733
APN: 69020004603
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 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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