NOT LISTED FOR SALE

480 5th St S Unit 101 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $500,744 - $764,000

1 Bed
1 Bath
600 Sq Ft
$500/mo HOA Fee

Last Sold July 31, 2020

Last sale price $400,000 $667 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,326/month

81 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Concrete Block With Brick
  • Lake Park Elementary School Rated A
  • Community Pool or Spa Combo
  • Breakfast Bar

About This Home

As of July 2020

This luxury END UNIT, FIRST FLOOR one-bedroom condominium is in a prime location, just one short block north of fashionable 5th Avenue South. This building was built in 1972 and completely remodeled in 2002. Only 12 residences. The stunning courtyard features a pool and spa. Beautifully appointed with granite counters, tile floors, crown molding, and an elegant bathroom. Tastefully decorated, offered turnkey furnished. Weekly rentals allowed. Walk to shops, restaurants, and beaches. Ideal as a vacation getaway, investment, rental, or guest house for family and friends.  New A/C unit install 2017 and washer/dryer 2018.

Last Agent to Sell the Property

Michael Dorobanti

Compass Florida LLC License #NAPLES-249512503 Listed on: 04/24/2020

Compass Florida LLC

Last Buyer's Agent

Ryan Chiodo

Compass Florida LLC License #NAPLES-249513873

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 2002

Lot Details

  • West Facing Home
  • Property is Fully Fenced

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Garden Apartment
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • 2 Ceiling Fans
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating and Cooling System
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10770000029

Community Details

Overview

  • 6 Units
  • Low-Rise Condominium
  • Kensington Gardens Condos

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,800

Year Built

Built in 2002

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 101
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.142086$-81.800749$223.81$13.33$1.00$pcdsxlQwjO7xuQtzmQNEHQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, Garden Apt
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 2
  • Num Unit Floor: 1
  • Price Per Sq Ft: 666.67
  • Total Floors: 1
  • Estimated Living Area: 600
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Cable Prewire, Multiple Phone Lines
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Public Road
  • Exterior Features: Fence
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Completely Fenced, Entry Card, Entry Keypad
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239 649-6357
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural
  • Sub Condo Name: KENSINGTON GARDENS
  • HOA Fees: 1500
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Manager

Association/Amenities

  • Pets: With Approval
  • Development: Olde Naples
  • Amenities: Community Pool, Community Spa/Hot tub
  • Community Type: Gated
  • Units In Building: 6
  • Total Number of Units: 12

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: Yes
  • Lot Unit: 101
  • Section: 9
  • Total Area: 600
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 10770000029

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: City And County
  • Taxes: 2800.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Jul 28, 2020
Sold by
Reider Nancy
Bought by
Andriani Rudy T
Seller's Agent
Michael Dorobanti
Compass Florida LLC
Buyer's Agent
Ryan Chiodo
Compass Florida LLC
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Current Estimated Value
$645,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,436
Avg. Annual Appreciation
10.44%

Purchase Details

Closed on
Jan 8, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reider George M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,850
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 19, 2012
Sold by
Case Steven L and Case Christina M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 5, 2002
Sold by
Kensington Development Of Naples Inc
Bought by
Case Steven L and Case Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Andriani Rudy T $400,000 Attorney
Reider George M $189,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Jpmorgan Chase Bank National Association $1,000 None Available
Case Steven L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reider George M $122,850
Previous Owner Case Steven L $38,500
Previous Owner Case Steven L $207,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $400,000 -5.9% $667 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/19/2020 06/19/20 Price Changed $425,000 -5.3% $708 / Sq Ft
06/02/2020 06/02/20 Price Changed $449,000 -0.2% $748 / Sq Ft
04/24/2020 04/24/20 For Sale $450,000 -- $750 / 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 $3,709 $451,880 -- $451,880
2023 $3,709 $449,200 $0 $449,200
2022 $3,623 $323,884 $0 $0
2021 $3,021 $294,440 $0 $294,440
2020 $2,880 $283,720 $0 $283,720
2019 $2,800 $272,674 $0 $0
2018 $2,585 $247,885 $0 $0
2017 $2,484 $225,350 $0 $0
2016 $2,261 $204,864 $0 $0
2015 $1,981 $186,240 $0 $0
2014 $1,907 $177,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Dorobanti

    Seller's Agent in 2020

    Michael Dorobanti

    Compass Florida LLC

    (239) 273-8374

    1 in this area

    38 Total Sales

    Michael Dorobanti
    Section Image
  • Ryan Chiodo

    Buyer's Agent in 2020

    Ryan Chiodo

    Compass Florida LLC

    (239) 248-0551

    2 in this area

    374 Total Sales

    Ryan Chiodo
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220028161

Naples Area Board of REALTORS®

APN: 10770000029

Florida Collier County Naples 34102 Old Naples

480 5th St S Unit 101, Naples, FL

This home is located at 480 5th St S Unit 101, Naples, FL 34102 since 24 April 2020 and is currently estimated at $645,436, approximately $1,075 per square foot. This property was built in 2002. 480 5th St S Unit 101 is a home located in Collier County with nearby schools including Lake Park Elementary School, Naples High School, and Gulfview Middle 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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