$940,000
SOLD JUL 14, 2017

The Terraces 4751 Gulf Shore Blvd N Unit 1402 Naples, FL 34103

Park Shore Neighborhood
2 Beds
2 Baths
1,743 Sq Ft
1986 Built

Recently Sold

$539 Per Sq Ft

5% Below List Price

25 Days on Market

Highlights

  • Central Heating and Cooling System
  • 3 Ceiling Fans
  • High-Rise Condominium
  • Sea Gate Elementary School Rated A
  • Turnkey

About This Home

As of April 2024

OUTSTANDING AND RARELY AVAILABLE "stretch" unit that has a larger floorplan and expanded lanai. PROFESSIONAL DESIGNERS OWN HOME has undergone thoughtful renovation and includes very high end TURNKEY furnishings that are anything but average. A well planned kitchen with plenty of storage and stainless appliances, opens to living area with a terrific breakfast/conversation bar. One of the most exciting views to be had on Gulf Shore Blvd. with no large building in sight! Watch the dolphins swimming in the Bay by day and gaze at the twinkling lights of the city at night. The Master bedroom provides a lovely seating area to enjoy the dynamic vista. Master bath with travertine counters, soaking tub, glass framed shower and fantastic built in closet area. The spacious lanai with travertine flooring is accessed from most rooms and of course it is all about the splendid panorama. The Terraces... with all the amenities one would expect in a first class building on the beach. This is a residence that can fulfill all your desires for a great Florida lifestyle!

Last Agent to Sell the Property

Kathy Ross

Downing Frye Realty Inc. License #NAPLES-249501384 Listed on: 04/15/2017

Downing Frye Realty Inc.

Last Buyer's Agent

George Oberdorster

Real Broker, LLC License #NAPLES-249522168

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,644

Year Built

  • 1986

Home Design

  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 1,743 Sq Ft Home
  • 3 Ceiling Fans
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System
  • Humidstat

Listing and Financial Details

Community Details

Overview

  • High-Rise Condominium
  • Terraces At Park Shore Condos
  • 19-Story Property

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,644

Year Built

1986

Lot Details

0

Listing Details

  • Legal Description: TERRACES, THE A CONDOMINIUM UNIT 1402
  • Street View Param: 1$26.2055789234045$-81.81385494509982$247.82$13.33$1.00$3731Y1bjbMnVklwyKBPbiA
  • Building Design: High Rise (8+)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Additional Rooms: Great Room, Guest Bath, Laundry in Residence, Screened Balcony
  • Bedroom Description: Master BR Sitting Area, Split Bedrooms
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Marble, Tile
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fire Sprinkler, Pantry, Smoke Detectors, Tray Ceiling, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Room Count: 4
  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 14
  • Price Per Sq Ft: 616.39
  • Total Floors: 19

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Built In Grill, Deck, Outdoor Kitchen, Outdoor Shower, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Road: Paved Road
  • Storm Protection: Shutters Manual
  • Windows: Casement, Sliding
  • Roof: Built-Up Or Flat

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: 1 Assigned, Deeded, Driveway Paved, Under Bldg Closed

Utilities

  • Security: Doorman, Entry Keypad, Entry Phone, Secured Garage, Lobby
  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric, Humidistat
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: BBQ - Picnic, Beach Access, Bike And Jog Path, Bike Storage, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Extra Storage, Guest Room, Internet Access, Library, Sauna, Sidewalk, Streetlight, Trash Chute, Underground Utility, Vehicle Wash Area
  • Maintenance: Cable, Fidelity Bond, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Reserve, Sewer, Trash Removal, Water
  • Management Company Phone: 239-261-1869
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: No Commercial, No RV, No Truck
  • Sub Condo Name: TERRACES AT PARK SHORE

Association/Amenities

  • Units in Building: 116
  • Total Number of Units: 116
  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Pets Limit Other: 17 inches high with approval
  • Development: Park Shore

Fee Information

  • Condo Fees: 3650
  • Condo Fee Frequency: Quarterly
  • Application Fee: 150.00

Schools

  • Elementary School: Sea Gate Elementary
  • Middle School: Gulfview Middle School
  • High School: Naples High School
  • Elementary School: Sea Gate Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Lot Description: Irregular Shape
  • Rear Exposure: East
  • View: Bay
  • Waterfront: Gulf Frontage
  • Lot Dimensions: 468 X 547 X 148 X 409
  • Lot Back: 148
  • Lot Frontage: 468
  • Lot Left: 547
  • Lot Right: 409
  • Lot Unit: 1402
  • Section: 16
  • Total Area: 1743

Rental Info

  • Leases Per Year: 2
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Apr 9, 2024
Sold by
Marilyn Joan Varcoe Living Trust and Varcoe Marilyn Joan
Bought by
Chambers Bradley T and Chambers Nancy W
Seller's Agent
Sherry Irvin
Premier Sotheby's Int'l Realty
Buyer's Agent
Laurie Bellico
William Raveis Real Estate
List Price
$2,000,000
Sold Price
$1,400,000
Premium/Discount to List
-$600,000
-30%
Views
245
Current Estimated Value
$1,519,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,299
Avg. Annual Appreciation
6.10%
Original Mortgage
$766,500
Outstanding Balance
$755,874
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$763,425

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 15, 2021
Sold by
Price Michael Craig and Price Sharon Anne
Bought by
Varcoe Marilyn Joan and Marilyn Joan Varcoe Living Tru
Seller's Agent
Joanna Schrenko
Premiere Plus Realty Company
Buyer's Agent
Susy Gurevich
Downing Frye Realty Inc.
List Price
$1,299,000
Sold Price
$1,100,000
Premium/Discount to List
-$199,000
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%
Original Mortgage
$200,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jul 14, 2017
Sold by
Sullivan Arthur W and The Arthur W Sullivan Revocabl
Bought by
Price Michael Craig and Price Sharon Anne
Seller's Agent
Kathy Ross
Downing Frye Realty Inc.
Buyer's Agent
George Oberdorster
Real Broker, LLC
List Price
$989,000
Sold Price
$940,000
Premium/Discount to List
-$49,000
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$705,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2011
Sold by
Millikin Jack R and Millikin Margaret E
Bought by
Sullivan Arthur W

Purchase Details

Closed on
Apr 14, 2005
Sold by
Collar David and Collar Lori
Bought by
Millikin Jack R and Millikin Margaret E

Purchase Details

Closed on
Jul 8, 2003
Sold by
Senules Renaloy J
Bought by
Collar David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.29%
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 Type Sale Price Title Company
Warranty Deed $1,400,000 Lutgert Title
Warranty Deed $1,100,000 Accommodation
Warranty Deed $940,000 Attorney
Warranty Deed $450,000 Attorney
Warranty Deed $700,000 --
Warranty Deed $480,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $766,500 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $293,800 New Conventional
Previous Owner $705,000 New Conventional
Previous Owner $400,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2024 04/09/24 Sold $1,400,000 -12.2% $976 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
11/10/2023 11/10/23 Price Changed $1,595,000 -11.1% $1,112 / Sq Ft
10/27/2023 10/27/23 Price Changed $1,795,000 -3.0% $1,252 / Sq Ft
10/20/2023 10/20/23 Price Changed $1,850,000 -1.3% $1,290 / Sq Ft
10/17/2023 10/17/23 Price Changed $1,875,000 -1.3% $1,308 / Sq Ft
10/02/2023 10/02/23 Price Changed $1,900,000 -2.6% $1,325 / Sq Ft
09/25/2023 09/25/23 Price Changed $1,950,000 -2.5% $1,360 / Sq Ft
09/20/2023 09/20/23 For Sale $2,000,000 +81.8% $1,395 / Sq Ft
07/15/2021 07/15/21 Sold $1,100,000 -15.3% $767 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,299,000 +38.2% $906 / Sq Ft
07/14/2017 07/14/17 Sold $940,000 -5.0% $539 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $989,000 -- $567 / 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
2024 $6,644 $779,097 -- --
2023 $6,644 $756,405 $0 $0
2022 $6,823 $734,374 $0 $0
2021 $7,195 $701,200 $0 $701,200
2020 $7,118 $701,200 $0 $701,200
2019 $7,197 $701,200 $0 $701,200
2018 $7,110 $694,080 $0 $694,080
2017 $6,231 $558,583 $0 $0
2016 $5,556 $507,803 $0 $0
2015 $5,083 $461,639 $0 $0
2014 $4,532 $419,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217026969

Naples Area Board of REALTORS®

APN: 20385001403