$385,000
SOLD JUN 10, 2016

480 5th St S Unit 104 Naples, FL 34102

Old Naples Neighborhood
1 Bed
1 Bath
600 Sq Ft
1972 Built

Recently Sold

$642 Per Sq Ft

6% Below List Price

17 Days on Market

About This Home

As of June 2024

This luxury end unit one-bedroom condominium is in a prime location, just one short block north of fashionable 5th Avenue South . Beautifully appointed with granite counters, tile floors, crown molding and elegant bathroom this apartment is exquisitely furnished.Only 12 residences.New A/C unit install 2015 and washer/dryer 2014 .Preferred southern exposure.The stunning courtyard features pool and spa.Weekly rentals allowed. Walk to shops, restaurants and beach. Ideal as a vacation getaway, investment, rental, or guest house for family and friends. This building was built in 1972 and completely remodeled in 2002.Realtors see remarks.

Last Agent to Sell the Property

Michael Dorobanti

Compass Florida LLC License #NAPLES-249512503 Listed on: 05/16/2016

Compass Florida LLC

Last Buyer's Agent

Michael Dorobanti

Compass Florida LLC License #NAPLES-249512503 Listed on: 05/16/2016

Compass Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,119

Year Built

  • 1972

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Kensington Gardens Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,119

Year Built

1972

Lot Details

0

Listing Details

  • Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 104
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Dining Room: Breakfast Bar
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Tile
  • Interior Amenities: Cable Prewire, Smoke Detectors
  • Primary Bathroom: Combo Tub And Shower
  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 641.67
  • Total Floors: 1

Exterior Features

  • Roof: Tile
  • Exterior Features: Fence
  • Construction: Concrete Block
  • Exterior Features: Fence
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Windows: Sliding

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Manager, Sewer, Trash Removal, Water
  • Management Company Phone: 2396496357
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: KENSINGTON GARDENS

Association/Amenities

  • Units in Building: 6
  • Total Number of Units: 6
  • Pets: With Approval
  • Development: Olde Naples

Fee Information

  • Master HOA Fee: 1346
  • Master HOA Fee Frequency: Quarterly
  • 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

  • Rear Exposure: South
  • View: Pool/Club
  • Lot Unit: 104
  • Section: 9
  • Total Area: 600

Rental Info

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

Tax Info

  • Tax Description: City And County

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
$612,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,722
Avg. Annual Appreciation
0.37%

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

Listed on
Feb 21, 2012
Closed on
Apr 19, 2012
Sold by
Walbaum Kathleen B
Bought by
Reider George M and Reider Nancy L
Seller's Agent
David Gallus
Premiere Plus Realty Company
Buyer's Agent
Michael Dorobanti
Compass Florida LLC
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $610,000 Grey Street Title
Warranty Deed $610,000 Grey Street Title
Warranty Deed $680,000 --
Warranty Deed $465,000 Attorney
Warranty Deed $385,000 Ross Title & Escrow, Inc
Warranty Deed $265,000 Attorney
Warranty Deed $330,000 First Boston Title
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $308,000 Future Advance Clause Open End Mortgage
Previous Owner $198,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
06/02/2016 06/02/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $409,975 +54.7% $683 / Sq Ft
04/23/2012 04/23/12 Sold $265,000 0.0% $440 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $265,000 -- $440 / 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 $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

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216033888

Naples Area Board of REALTORS®

APN: 10770000087