$680,000
SOLD OCT 14, 2022

480 5th St S Unit 104 Naples, FL 34102

Old Naples Neighborhood
1 Bed
1 Bath
536 Sq Ft
$617/mo HOA Fee

Recently Sold

$1,269 Per Sq Ft

9% Below List Price

57 Days on Market

Highlights

  • Water Views
  • Water Fountains
  • High Impact Windows
  • Lake Park Elementary School Rated A
  • Community Pool
  • Concrete Block With Brick

About This Home

As of June 2024

Wow! Best Possible Location! Come see this completely remodeled condo just steps from Downtown 5th Avenue in Beautiful Naples, FL. This first-floor end-unit features...New Stainless-Steel Appliances, New Hurricane Impact Windows, New Quartz Countertops, New Soft Close Cabinetry, New A/C, New Hot Water Heater, New Furnishings, New Washer and Dryer, New Everything! ...X500 flood zone! Pet friendly complex with only 12 units. Investor Alert: Kensington Gardens allows weekly rentals. Maximize your profitability! Experience the Naples lifestyle with this homes' amazing location. Walk to Naples Fishing Pier, Naples White Sandy Beaches, 5th Avenue Restaurants & Shopping, 3rd Street South, Tin City, Marinas. 30 Minutes to SWFL Airport. Community features a pool and spa right outside and a private gated entrance.

Last Agent to Sell the Property

Todd Culmer

Waterfront Realty Group Inc License #NAPLES-249522676 Listed on: 07/14/2022

Waterfront Realty Group Inc

Co-Listed By

Elliot Barton

Waterfront Realty Group Inc License #NAPLES-249525973

Last Buyer's Agent

Casey Lyons

Premiere Plus Realty Company License #BEAR-3511403

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1965

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $617 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Property Views

  • Water
  • Pool

Home Design

  • Condo Hotel
  • Entry on the 1st floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 536 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Fountains

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10770000087

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

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

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,880

Year Built

Built in 1965

Lot Details

0

HOA Fees

$617 per month

Listing Details

  • Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 104
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141975$-81.800674$202.01$13.33$1.00$pcdsxlQwjO7xuQtzmQNEHQ
  • Building Design: Low Rise (1-3)
  • Storm Protection: Impact Resistant Windows
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1268.66
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 536
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Efficiency
  • Interior Amenities: Built-In Cabinets, Cable Prewire
  • 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
  • View: Pool/Club, Water Feature
  • Exterior Features: Water Display
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-649-6357
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: No
  • Sub Condo Name: KENSINGTON GARDENS
  • Condo Fees: 1850
  • Condo Fee Frequency: Quarterly
  • Maintenance: Lawn/Land Maintenance, Pest Control Exterior, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Pets Limit Other: 17" height
  • Development: Olde Naples
  • Amenities: Community Pool
  • Community Type: Condo/Hotel
  • Units In Building: 12
  • Total Number of Units: 12

Fee Information

  • Application Fee: 150.00

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: No
  • Lot Unit: 104
  • Section: 9
  • Total Area: 536
  • Waterfront: No
  • Rear Exposure: South
  • Parcel Number: 10770000087

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 2880.00

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: 222053771

Naples Area Board of REALTORS®

APN: 10770000087