Seller's Agent in 2024
Casey Lyons
Premiere Plus Realty Company
(609) 500-8900
2 in this area
40 Total Sales
480 5th St S Unit 104 Naples, FL 34102
Old Naples NeighborhoodEstimated Value: $525,000 - $643,000
1
Bed
1
Bath
536
Sq Ft
$917/mo
HOA Fee
Highlights
- Gated Community
- Florida Architecture
- Pool View
- Lake Park Elementary School Rated A
- End Unit
- Community Pool
About This Home
As of June 2024In the heart of Olde Naples, this newly renovated corner residence, first-floor condo offers a rare weekly rental option. Just feet from famous 5th Avenue South and blocks from white sand beaches, private but nestled among gourmet dining, art galleries, and upscale boutiques, the location of Kensington Gardens is premier. Kensington Gardens is a tranquil community of only 12 units that maintains the timeless charm and decorum of Olde Naples. The open-concept space is fully-equipped with new stainless steel appliances, quartz countertops, custom soft-close cabinetry, and in-unit laundry. This condo is equipped, renovated, clean, and comfortable, tailored for the resident or vacationer alike. Whether you are looking for an escape to the beach or a quick dip in the pool just steps from the front door, the condo provides all that is needed for luxury Naples living.In one of the only Olde Naples communities with flexible short term rental options, this unit boasts an extensive short-term rental history. Truly in the heart of Olde Naples, this condo offers a perfect blend of luxury and convenience. Do not miss the opportunity to experience the historic charm of Olde Naples living. X100 Flood Zone, no damage or flooding during Hurricane Ian!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,157
Year Built
- Built in 1965
Lot Details
- End Unit
- South Facing Home
- Gated Home
- Property is Fully Fenced
HOA Fees
- $917 Monthly HOA Fees
Home Design
- Condo Hotel
- Florida Architecture
- Entry on the 1st floor
- Turnkey
- Concrete Block With Brick
- Stucco
- Tile
Interior Spaces
- 536 Sq Ft Home
- 1-Story Property
- Family or Dining Combination
- Tile Flooring
- Pool Views
Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Built-In or Custom Kitchen Cabinets
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
Parking
- 1 Parking Garage Space
- Common or Shared Parking
- Deeded Parking
Outdoor Features
- Courtyard
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Sewer Assessments
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 10770000087
Community Details
Overview
- 6 Units
- Low-Rise Condominium
- Kensington Gardens Condos
- Olde Naples Community
- Mandatory home owners association
Recreation
- Community Pool
Pet Policy
- Pets up to 25 lbs
- Call for details about the types of pets allowed
- 1 Pet Allowed
Security
- Gated Community
- High Impact Windows
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2024
Closed on
Jun 28, 2024
Sold by
Knox Burton Acquisitions Llc
Bought by
Radu Nikola and Radu Anujka
Seller's Agent
Casey Lyons
Premiere Plus Realty Company
Buyer's Agent
Shay Trask
Gulf Coast International Prop
List Price
$799,000
Sold Price
$610,000
Premium/Discount to List
-$189,000
-23.65%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,136
Avg. Annual Appreciation
-3.72%
Purchase Details
Listed on
Jul 14, 2022
Closed on
Oct 14, 2022
Sold by
Glock Jacob L
Bought by
Knox Burton Acquisitions Llc
Seller's Agent
Todd Culmer
Waterfront Realty Group Inc
Buyer's Agent
Casey Lyons
Premiere Plus Realty Company
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.16%
Purchase Details
Listed on
Dec 5, 2020
Closed on
Jun 9, 2021
Sold by
Ritsh Llc
Bought by
Glock Jacob L
Seller's Agent
Todd Culmer
Waterfront Realty Group Inc
Buyer's Agent
Elliot Barton
Waterfront Realty Group Inc
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.51%
Original Mortgage
$308,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
May 16, 2016
Closed on
Jun 10, 2016
Sold by
Reider George M and Reider Nancy L
Bought by
Ritsh Llc
Seller's Agent
Michael Dorobanti
Compass Florida LLC
Buyer's Agent
Michael Dorobanti
Compass Florida LLC
List Price
$409,975
Sold Price
$385,000
Premium/Discount to List
-$24,975
-6.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Purchase Details
Closed on
Apr 19, 2012
Sold by
Walbaum Kathleen B
Bought by
Reider George M and Reider Nancy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 13, 2007
Sold by
Logelin Sandra Lee
Bought by
Walbaum Kathleen B
Purchase Details
Closed on
May 4, 2004
Sold by
Kensington Development Of Naples Inc
Bought by
Logelin Sandra Lee
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Radu Nikola | $610,000 | Grey Street Title | |
| Radu Nikola | $610,000 | Grey Street Title | |
| Knox Burton Acquisitions Llc | $680,000 | -- | |
| Glock Jacob L | $465,000 | Attorney | |
| Ritsh Llc | $385,000 | Ross Title & Escrow, Inc | |
| Reider George M | $265,000 | Attorney | |
| Walbaum Kathleen B | $330,000 | First Boston Title | |
| Logelin Sandra Lee | $235,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Glock Jacob L | $308,000 | |
| Previous Owner | Reider George M | $198,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/28/2024 06/28/24 | Sold | $610,000 | -8.9% | $1,138 / Sq Ft | |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- | |
| 05/30/2024 05/30/24 | Price Changed | $669,500 | -4.2% | $1,249 / Sq Ft | |
| 04/13/2024 04/13/24 | Price Changed | $699,000 | -5.4% | $1,304 / Sq Ft | |
| 03/21/2024 03/21/24 | Price Changed | $739,000 | -3.9% | $1,379 / Sq Ft | |
| 02/28/2024 02/28/24 | Price Changed | $769,000 | -3.8% | $1,435 / Sq Ft | |
| 02/01/2024 02/01/24 | For Sale | $799,000 | +17.5% | $1,491 / Sq Ft | |
| 10/14/2022 10/14/22 | Sold | $680,000 | -9.3% | $1,269 / Sq Ft | View Prior Sale |
| 09/09/2022 09/09/22 | Pending | -- | -- | -- | |
| 07/14/2022 07/14/22 | For Sale | $750,000 | +61.3% | $1,399 / Sq Ft | |
| 06/09/2021 06/09/21 | Sold | $465,000 | -2.1% | $868 / Sq Ft | View Prior Sale |
| 04/13/2021 04/13/21 | Pending | -- | -- | -- | |
| 12/05/2020 12/05/20 | For Sale | $475,000 | +23.4% | $886 / Sq Ft | |
| 06/10/2016 06/10/16 | Sold | $385,000 | -6.1% | $642 / Sq Ft | View Prior Sale |
| 06/02/2016 06/02/16 | Pending | -- | -- | -- | |
| 05/16/2016 05/16/16 | For Sale | $409,975 | -- | $683 / Sq Ft |
Source: Multiple Listing Service of Bonita Springs-Estero
Tax History Compared to Growth
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 | $4,119 | $465,280 | -- | $465,280 |
| 2024 | $4,157 | $451,880 | -- | $451,880 |
| 2023 | $4,157 | $449,200 | $0 | $449,200 |
| 2022 | $4,160 | $424,217 | $0 | $424,217 |
| 2021 | $3,021 | $294,440 | $0 | $294,440 |
| 2020 | $2,880 | $283,720 | $0 | $283,720 |
| 2019 | $2,802 | $273,000 | $0 | $273,000 |
| 2018 | $2,632 | $256,920 | $0 | $256,920 |
| 2017 | $2,647 | $256,920 | $0 | $256,920 |
| 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
-
Casey Lyons
-
Shay Trask
Buyer's Agent in 2024
Shay Trask
Gulf Coast International Prop
(239) 572-1648
3 in this area
30 Total Sales
-
Todd Culmer
Seller's Agent in 2022
Todd Culmer
Waterfront Realty Group Inc
(239) 919-2379
4 in this area
119 Total Sales
-
Elliot Barton
Seller Co-Listing Agent in 2022
Elliot Barton
Waterfront Realty Group Inc
(810) 531-0350
4 in this area
138 Total Sales
-
Michael Dorobanti
Seller's Agent in 2016
Michael Dorobanti
Compass Florida LLC
(239) 273-8374
1 in this area
40 Total Sales
Map
Source: Multiple Listing Service of Bonita Springs-Estero
MLS Number: 224008321
APN: 10770000087
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