NOT LISTED FOR SALE

4741 Formosa Dr Naples, FL 34119

Arrowhead-Island Walk Neighborhood

Estimated Value: $776,801 - $996,000

3 Beds
2.5 Baths
2,233 Sq Ft
$393/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $800,000 $358 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,496/month

113 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Great Room
  • Vineyards Elementary School Rated A
  • Clubhouse
  • Screened Porch

About This Home

As of May 2023

H8204This home offers a great room floor plan with the quality you would expect from WCI. Spacious kitchen features a large island, walk-in pantry and plenty of cabinets for storage. Flex room can be used as a den, office or play space. Oversized laundry room. Lanai is plumbed for a summer kitchen. All doors and windows are impact rated. At the clubhouse you'll find a resort-style pool with beach entry and lap lanes, tot lot, basketball court, and a club room with catering kitchen. Raffia Preserve is a single-family home community in a great north Naples location. It is tucked away from busy roads, but is close to shopping, dining and beaches.

Last Agent to Sell the Property

Roxane Menna

John R Wood Properties License #NAPLES-249514625 Listed on: 12/13/2022

John R Wood Properties

Last Buyer's Agent

Kimberley Menkhorst

Premiere Plus Realty Company

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 2016

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions: 65
  • Lake Front
  • North Facing Home

HOA Fees

  • $316 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

  • 2,233 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Schools

  • Vineyards Elementary School
  • Oakridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 69020006203
  • $1,219 Seller Concession

Community Details

Overview

  • Raffia Preserve Community

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Exercise Course
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,503

Year Built

Built in 2016

Lot Details

0

HOA Fees

$316 per month

Parking

2

Listing Details

  • Legal Description: RAFFIA PRESERVE PHASE 3 LOT 166
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2016
  • Property Information: H8204This home offers a great room floor plan with the quality you would expect from WCI. Spacious kitchen features a large island, walk-in pantry and plenty of cabinets for storage. Flex room can be used as a den, office or play space. Oversized laundry room. Lanai is plumbed for a summer kitchen. All doors and windows are impact rated. At the clubhouse you'll find a resort-style pool with beach entry and lap lanes, tot lot, basketball court, and a club room with catering kitchen. Raffia Preserve is a single-family home community in a great north Naples location. It is tucked away from busy roads, but is close to shopping, dining and beaches.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 358.26
  • Total Floors: 1
  • Room Count: 6
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2233
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cable Prewire, Pantry, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake
  • Exterior Features: Other
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-353-2225
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial
  • Sub Condo Name: RAFFIA PRESERVE
  • HOA Fees: 948
  • HOA Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Manager, Street Lights
  • Development Name: RAFFIA PRESERVE

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 3
  • Pets Limit Other: No aggressive breeds
  • Development: Raffia Preserve
  • Amenities: Basketball, Clubhouse, Community Pool, Exercise Room, Play Area, Sidewalk, Streetlight
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 363

Schools

  • Elementary School: VINEYARDS ELEMENTARY
  • Middle School: OAKRIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Vineyards Elementary
  • High School: Barron Collier High School
  • Middle School: Oakridge Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 69
  • Lot Frontage: 65
  • Lot Left: 205
  • Lot Right: 151
  • Section: 34
  • Total Area: 4153
  • Waterfront: Yes
  • Acres: 0.2400
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 65 X 205 X 69 X 151
  • Parcel Number: 69020006203

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 3503.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
May 8, 2023
Sold by
Herbert Thomas M and Herbert Ashley R
Bought by
Hetzer David R and Hetzer Danielle B
Seller's Agent
Roxane Menna
John R Wood Properties
Buyer's Agent
Kimberley Menkhorst
Premiere Plus Realty Company
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%
Views
38
Current Estimated Value
$877,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,700
Avg. Annual Appreciation
1.61%

Purchase Details

Listed on
Feb 25, 2016
Closed on
May 13, 2016
Sold by
Wci Communities Llc
Bought by
Herbert Thomas M and Herbert Ashley R
Seller's Agent
Lou Paratore
WCI Realty Inc
Buyer's Agent
Roxane Menna
John R Wood Properties
List Price
$462,860
Sold Price
$447,860
Premium/Discount to List
-$15,000
-3.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$175,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Hetzer David R $800,000 None Listed On Document
Herbert Thomas M $447,860 Florida Title & Guarantee Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herbert Thomas M $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $800,000 -3.0% $358 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $825,000 -8.3% $369 / Sq Ft
12/13/2022 12/13/22 For Sale $900,000 +101.0% $403 / Sq Ft
05/13/2016 05/13/16 Sold $447,860 -3.2% $156 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $462,860 -- $161 / 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 $6,327 $660,862 -- --
2024 $3,658 $642,237 $230,834 $411,403
2023 $3,658 $370,142 $0 $0
2022 $3,734 $359,361 $0 $0
2021 $3,761 $348,894 $0 $0
2020 $3,673 $344,077 $0 $0
2019 $3,606 $336,341 $0 $0
2018 $3,524 $330,070 $0 $0
2017 $3,467 $323,281 $0 $0
2016 $1,149 $83,316 $0 $0
2015 $498 $42,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Roxane Menna

    Seller's Agent in 2023

    Roxane Menna

    John R Wood Properties

    (239) 398-8635

    18 in this area

    48 Total Sales

    Roxane Menna
    Section Image
  • Kimberley Menkhorst

    Buyer's Agent in 2023

    Kimberley Menkhorst

    Premiere Plus Realty Company

    (239) 776-0093

    5 in this area

    65 Total Sales

    Kimberley Menkhorst
    Section Image

  • L

    Seller's Agent in 2016

    Lou Paratore

    WCI Realty Inc

See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 223001199

Naples Area Board of REALTORS®

APN: 69020006203

Florida Collier County Naples 34119 Arrowhead-Island Walk

4741 Formosa Dr, Naples, FL

This home is located at 4741 Formosa Dr, Naples, FL 34119 since 13 December 2022 and is currently estimated at $877,700, approximately $393 per square foot. This property was built in 2016. 4741 Formosa Dr is a home located in Collier County with nearby schools including Vineyards Elementary School, Oakridge Middle School, and Barron Collier High School.

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.

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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