NOT LISTED FOR SALE

480 5th St S Unit 201 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $455,000 - $625,000

1 Bed
1 Bath
536 Sq Ft
1965 Built

Sale Details

Date Sold: June 10, 2021

Last sale price $435,000 $812 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,811 / mo

14 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • End Unit
  • Water Fountains
  • Lake Park Elementary School Rated A
  • Pool View
  • Community Pool

About This Home

As of June 2021

Exceptional opportunity! Great vacation or investment residence, one-half block to 5th Avenue South. Surrounded by multimillion-dollar residences, this adorable second-floor, one-bedroom, one-bath end unit is ideal for those wanting a convenient downtown location, just four blocks to the beach and steps to an array of great restaurants and exciting shopping that 5th Avenue South offers. Features include crown molding, tile flooring throughout, an open kitchen with a breakfast bar, lots of kitchen storage, an adjoining living area with a pullout sofa for guests, a spacious bedroom, a full bath with a shower/tub combination, generous vanity, a washer and dryer and more. Kensington Gardens features a community pool with sitting areas surrounding the pool to gather with neighbors and friends. Four blocks to the beach to enjoy the sparkling waters of the Gulf of Mexico and the most amazing sunsets. The rental policy at Kensington Gardens allows weekly rental 52 times per year, not less than seven days, and is pet friendly, allowing one cat or dog not to exceed 25 pounds.

Last Agent to Sell the Property

Margaret Ives

Premier Sotheby's Int'l Realty Listed on: 04/27/2021

Premier Sotheby's Int'l Realty

Co-Listed By

James Bates

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Drew Josephson

William Raveis Real Estate

William Raveis Real Estate

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,931

Year Built

  • Built in 1965

Lot Details

  • End Unit
  • Southwest Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 536 Sq Ft Home
  • 1-Story Property
  • Double Hung Windows
  • Tile Flooring
  • Pool Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • 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 10770000142

Community Details

Overview

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,931

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Parking

1

Listing Details

  • Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 201
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141975$-81.800674$203.06$13.33$1.00$pcdsxlQwjO7xuQtzmQNEHQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, End-Unit
  • Year Built: 1965
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 811.57
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 536
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Breakfast Bar
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Tile
  • Floor Plan: Efficiency
  • Interior Amenities: Built-In Cabinets, Cable Prewire
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Pool/Club
  • Exterior Features: Patio, Water Display
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: 1 Assigned

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV, No Truck
  • Sub Condo Name: KENSINGTON GARDENS
  • Condo Fees: 1500
  • 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: 1 Cat or Dog
  • Development: Olde Naples
  • Amenities: Community Pool
  • Community Type: Condo/Hotel
  • Units In Building: 6
  • Total Number of Units: 12

Fee Information

  • Application Fee: 100.00

Schools

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

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 536
  • Waterfront: No
  • Rear Exposure: Southwest
  • Parcel Number: 10770000142

Rental Info

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

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 2931.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Peltier Andrew Lee and Peltier Jessica
Bought by
Current Estimated Value
$537,943

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 10, 2021
Sold by
Sheetz Polly
Bought by
Peltier Andrew Lee and Peltier Jessica
Seller's Agent
Margaret Ives
Premier Sotheby's Int'l Realty
Buyer's Agent
Drew Josephson
William Raveis Real Estate
List Price
$439,000
Sold Price
$435,000
Premium/Discount to List
-$4,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$391,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2019
Closed on
May 31, 2019
Sold by
Bielenberg Barbara K
Bought by
Sheetz Polly
Seller's Agent
Dodona Roboci
Royal Shell Real Estate, Inc.
Buyer's Agent
Dodona Roboci
Royal Shell Real Estate, Inc.
List Price
$449,000
Sold Price
$422,500
Premium/Discount to List
-$26,500
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.45%

Purchase Details

Closed on
Sep 28, 2016
Sold by
Pezehkan F Fred
Bought by
Bielenerg Barbaa K

Purchase Details

Closed on
Sep 9, 2004
Sold by
Kensington Development Of Naples Inc
Bought by
Pezeshkan F Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Old Naples, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
Peltier Andrew Lee $435,000 Accommodation
Sheetz Polly $422,500 Attorney
Bielenerg Barbaa K $417,000 None Available
Pezeshkan F Fred $215,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $391,500
Previous Owner Pezeshkan F Fred $215,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2021 06/10/21 Sold $435,000 -0.9% $812 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $439,000 +3.9% $819 / Sq Ft
05/31/2019 05/31/19 Sold $422,500 -5.9% $704 / Sq Ft View Prior Sale
05/13/2019 05/13/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $449,000 -- $748 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,284 $473,280 $473,280
2025 $4,192 $473,280 $473,280
2024 $4,222 $459,880 $459,880
2023 $4,222 $456,200 $0 $456,200
2022 $4,230 $431,399 $0 $431,399
2021 $3,073 $299,440 $0 $299,440
2020 $2,931 $288,720 $0 $288,720
2019 $2,853 $278,000 $0 $278,000
2018 $2,683 $261,920 $0 $261,920
2017 $2,699 $261,920 $0 $261,920
2016 $2,304 $209,264 $0 $0
2015 $2,024 $190,240 $0 $0
2014 -- $180,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221032976

Naples Area Board of REALTORS®

APN: 10770000142

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