NOT LISTED FOR SALE

Estimated Value: $1,366,000 - $1,522,000

4 Beds
3 Baths
2,929 Sq Ft
$494/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $1,370,000 $468 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,883/month

24 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • Pond
  • Osceola Elementary School Rated A
  • Clubhouse
  • Florida Architecture

About This Home

As of November 2022

This beautiful and spacious lake front home is centrally located in North Naples in one of Naples’ most desired gated communities, Banyan Woods. It offers exquisite long views of the lake with two (2) beautifully lighted fountains enjoyed from most rooms of the home and from the expanded paved lanai with custom built over-sized lap pool/spa perfect for exercising and entertaining. The pool/spa has an Aqualink salt system that is easy to care for and maintain. This Balboa model home boast 4 bedrooms plus a den, 3 full baths and a 3-car garage. The stunning open kitchen features granite counter tops, 42” maple cabinets, and new stainless-steel appliances. Banyan Woods continues to enjoy low HOA fees and is located just minutes from the beach and from 5th Avenue, Waterside, and Mercato for shopping and fine dining. One (1) year Home Warranty goes into effect at closing.

Last Agent to Sell the Property

Bob Lashenka

Downing Frye Realty Inc. Listed on: 09/19/2022

Downing Frye Realty Inc.

Co-Listed By

Anne Lashenka

Downing Frye Referral Network License #NAPLES-249523337

Last Buyer's Agent

Suzanne Klym

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,853

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions: 144
  • Lake Front
  • Home fronts a canal
  • North Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $263 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Florida Architecture
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,929 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated Pool and Spa
  • Concrete Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Pool Equipment Stays
  • Heated Spa
  • In Ground Spa
  • Screened Spa

Outdoor Features

  • Pond
  • Patio
  • Water Fountains

Schools

  • Osceola Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22730001124
  • $60,000 Seller Concession

Community Details

Overview

  • $1,500 Secondary HOA Transfer Fee

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Exercise Course
  • Park

Security

  • Card or Code Access
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,853

Year Built

Built in 2004

Lot Details

0

HOA Fees

$263 per month

Parking

3

Listing Details

  • Legal Description: BANYAN WOODS LOT 49
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch, Florida
  • Storm Protection: Shutters - Manual
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 467.74
  • Total Floors: 1
  • Additional Rooms: Den/Study, Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2929
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Breakfast Room, Living Dining, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Cooktop, Cooktop - Electric, Dishwasher, Disposal, Dryer, Stand-Alone Ice Maker, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Internet Available, Laundry Tub, Smoke Detectors, Tray Ceiling, Walk-In Closet
  • Kitchen: Island, Pantry
  • Primary Bathroom: Combo Tub And Shower, Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Access Road, Paved Road, Private Road
  • View: Lake, Water
  • Exterior Features: Patio, Pond, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Electric, Lap Pool, Salt Water System, Screened
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Electric, Pool Integrated, Screened
  • Waterfront Type: Fresh Water, Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Driveway Paved, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan, Zoned
  • Heat: Central Electric, Heat Pump, Zoned
  • Security: Completely Fenced, Entry Card, Entry Keypad, Entry Phone, Entry TV, Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-734-3200
  • Approval: Application Fee, Buyer, Interview
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, Limited Number Vehicles, No Commercial, No RV
  • Sub Condo Name: BANYAN WOODS
  • Maintenance: Cable, Internet/WiFi Access, Manager, Master Association Fee Incl, Reserve, Street Lights, Street Maintenance, Trash Removal
  • Master Hoa Fee: 790
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: No Approval Needed
  • Development: Banyan Woods
  • Amenities: Basketball, Clubhouse, Community Park, Community Room, Exercise Room, Internet Access, Lap Pool, Play Area, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 188

Fee Information

  • Transfer Fees: 1500.00
  • Application Fee: 125.00

Schools

  • Elementary School: OSCEOLA ELEMENTARY SCHOOL
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Osceola Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: Yes
  • Lot Back: 140
  • Lot Frontage: 144
  • Lot Left: 78
  • Lot Right: 78
  • Lot Unit: 49
  • Section: 13
  • Total Area: 3404
  • Waterfront: Yes
  • Acres: 0.2500
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 144 X 78 X 140 X 78
  • Parcel Number: 22730001124

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 7852.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Nov 4, 2022
Sold by
Hung Jung Lung David and Yen-Ping Serena
Bought by
4915 Rustic Oaks Llc
Seller's Agent
Bob Lashenka
Downing Frye Realty Inc.
Buyer's Agent
Suzanne Klym
John R Wood Properties
List Price
$1,400,000
Sold Price
$1,370,000
Premium/Discount to List
-$30,000
-2.14%
Views
34
Current Estimated Value
$1,446,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,659
Avg. Annual Appreciation
1.86%
Original Mortgage
$1,370,000
Outstanding Balance
$1,325,538
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$121,121

Purchase Details

Closed on
Jul 8, 2004
Sold by
Banyan Woods Llc
Bought by
Hung Jung Lung David and Lin Yen Ping Serena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
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
4915 Rustic Oaks Llc $1,370,000 --
Hung Jung Lung David $632,425 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4915 Rustic Oaks Llc $1,370,000
Previous Owner Hung Jung Lung David $333,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2022 11/04/22 Sold $1,370,000 0.0% $468 / Sq Ft
10/13/2022 10/13/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $1,370,000 -2.1% $468 / Sq Ft
09/19/2022 09/19/22 For Sale $1,400,000 -- $478 / 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 $11,401 $1,225,341 $650,869 $574,472
2024 $10,784 $1,164,620 $598,799 $565,821
2023 $10,784 $1,073,677 $471,366 $602,311
2022 $9,961 $768,343 $0 $0
2021 $7,853 $698,494 $210,857 $487,637
2020 $7,809 $701,995 $231,942 $470,053
2019 $7,948 $709,833 $256,862 $452,971
2018 $7,300 $651,850 $218,524 $433,326
2017 $7,797 $692,483 $253,028 $439,455
2016 $8,357 $696,042 $0 $0
2015 $7,611 $632,765 $0 $0
2014 $6,654 $575,241 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222070867

Naples Area Board of REALTORS®

APN: 22730001124