NOT LISTED FOR SALE

480 5th St S Unit 203 Naples, FL 34102

Old Naples Neighborhood

Estimated Value: $503,781 - $683,000

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

Last Sold January 15, 2021

Last sale price $415,000 $774 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,244/month

21 Days on Market

Highlights

  • Community Pool or Spa Combo
  • Shutters
  • Breakfast Bar
  • Lake Park Elementary School Rated A
  • Concrete Block With Brick
  • Tile Flooring

About This Home

As of January 2021

Rarely available second floor end-unit in Kensington Garden, at the heart of Olde Naples, just a few steps to 5th AVE. Urban lifestyle in walking distance to Southwest Florida's internationally famous white "sugar" sand beaches, surrounded by the best restaurants and shopping, just around the corner from The Naples Players Sugden Community Theater, Naples Marina, Naples Tin City, Naples Art Association, Cambier Park. Can be your perfect vacation or investment residence.This building was built in 1972 and completely remodeled in 2002. Weekly rentals allowed.

Last Agent to Sell the Property

Helen Mikhailova

Premiere Plus Realty Company License #NAPLES-249520634 Listed on: 11/08/2020

Premiere Plus Realty Company

Co-Listed By

Alena Vydra

Premiere Plus Realty Company License #NAPLES-249520639

Last Buyer's Agent

Timothy Blackford

Premiere Plus Realty Company License #NAPLES-249524907

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 2002

Lot Details

  • North Facing Home

HOA Fees

  • $500 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 536 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Single Hung Windows
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • 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
  • Deeded Parking

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 10770000184

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

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,853

Year Built

Built in 2002

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Legal Description: KENSINGTON GARDENS A CONDOMINIUM UNIT 203
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.141975$-81.800674$201.89$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: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 774.25
  • Total Floors: 1
  • Estimated Living Area: 536
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Breakfast Bar
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Cable Prewire, Smoke Detectors
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: City
  • Exterior Features: Decorative Shutters
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned

Utilities

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

Condo/Co-op/Association

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

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

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: 203
  • Section: 9
  • Total Area: 536
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Parcel Number: 10770000184

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 2853.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Jan 15, 2021
Sold by
Meyer John
Bought by
Effinger Dean Sean
Seller's Agent
Helen Mikhailova
Premiere Plus Realty Company
Buyer's Agent
Timothy Blackford
Premiere Plus Realty Company
List Price
$436,000
Sold Price
$415,000
Premium/Discount to List
-$21,000
-4.82%
Current Estimated Value
$622,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,445
Avg. Annual Appreciation
9.17%
Original Mortgage
$332,000
Outstanding Balance
$296,989
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$325,456

Purchase Details

Closed on
Jul 1, 2015
Sold by
Garmon Ben Gary and Garmon Lisa
Bought by
Meyer John

Purchase Details

Closed on
Feb 14, 2005
Sold by
George Denis E and George Alice S
Bought by
Garmon Ben Gary and Garmon Lisa

Purchase Details

Closed on
Apr 18, 2002
Sold by
Kensington Dev Naples Inc
Bought by
George Denis E and George Alice S
Source: Public Records

Range of Values:

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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
Effinger Dean Sean $415,000 Accommodation
Meyer John $315,000 Attorney
Garmon Ben Gary $315,000 Gulfshore Title Co
George Denis E $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Effinger Dean Sean $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $415,000 -4.8% $774 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $436,000 -- $813 / 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 $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 $2,686 $259,380 $0 $0
2016 $2,440 $235,800 $0 $0
2015 $2,024 $190,240 $0 $0
2014 -- $180,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Helen Mikhailova

    Seller's Agent in 2021

    Helen Mikhailova

    Premiere Plus Realty Company

    (239) 777-3074

    2 in this area

    101 Total Sales

    Helen Mikhailova
    Section Image
  • Alena Vydra

    Seller Co-Listing Agent in 2021

    Alena Vydra

    Premiere Plus Realty Company

    (239) 641-5421

    1 in this area

    133 Total Sales

    Alena Vydra
    Section Image
  • Timothy Blackford

    Buyer's Agent in 2021

    Timothy Blackford

    Premiere Plus Realty Company

    (239) 777-7613

    2 in this area

    53 Total Sales

    Timothy Blackford
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220071652

Naples Area Board of REALTORS®

APN: 10770000184

Florida Collier County Naples 34102 Old Naples

480 5th St S Unit 203, Naples, FL

This home is located at 480 5th St S Unit 203, Naples, FL 34102 since 08 November 2020 and is currently estimated at $622,445, approximately $1,161 per square foot. This property was built in 2002. 480 5th St S Unit 203 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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