NOT LISTED FOR SALE

507 Arbor Lake Dr Unit 5-104 Naples, FL 34110

Coastal North Naples Neighborhood

Estimated Value: $337,642 - $618,000

2 Beds
2 Baths
1,493 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 20, 2016

Last sale price $360,000 $241 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,555/month

1 Day on Market

Highlights

  • Villa
  • Naples Park Elementary School Rated A-
  • 1-Story Property

About This Home

As of July 2016

Arbor Trace is an active adult community with exceptional amenities including the 17th level Top of the Pointe Club overlooking the Bay and Gulf. North Naples campus for Hodges University Lifelong Learning classes. Enjoy the use of all club facilities, fine dining, and transportation. Housekeeping and maintenance optional. On-site assisted living and round-the-clock emergency monitoring for peace of mind.

Last Agent to Sell the Property

Jodi Hansen

Gray & CO Realty LLC License #NAPLES-249523751 Listed on: 05/17/2016

Co-Listed By

Jennie Bradford

Arbor Trace Realty License #NAPLES-249512684

Last Buyer's Agent

Jennie Bradford

Arbor Trace Realty License #NAPLES-249512684

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,034

Year Built

  • 1991

Parking

  • Deeded Parking

Home Design

  • Villa
  • Entry on the 1st floor

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property

Community Details

Overview

  • Arbor Trace Condos

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,034

Year Built

1991

Lot Details

0

Listing Details

  • Legal Description: ARBOR TRACE A CONDOMINIUM 5-104
  • Building Design: Villa Attached
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1991

Interior Features

  • Additional Rooms: Laundry in Residence
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Floor Plan: Great Room
  • Flooring: Wood
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors, Volume Ceiling, Window Coverings
  • Primary Bathroom: Shower Only
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 241.13
  • Total Floors: 1

Exterior Features

  • Roof: Tile
  • Construction: Metal Frame
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Storm Protection: Electric Shutters
  • Windows: Double Hung

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Assisted Living Available, Beauty Salon, Bike And Jog Path, Bocce Court, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Dog Park, Exercise Room, Extra Storage, Guest Room, Internet Access, Library, Pickleball, Private Membership, Putting Green, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area
  • Community Type: Condo/Hotel, Gated
  • Maintenance: Cable, Concierge Service, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Approval: Interview
  • Management: Residents
  • Restrictions: Deeded, Housing For Older Persons
  • Sub Condo Name: ARBOR TRACE

Association/Amenities

  • Units in Building: 5
  • Total Number of Units: 206
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Development: Arbor Trace

Fee Information

  • Condo Fees: 835
  • Condo Fee Frequency: Monthly
  • Mandatory Club Fee: 1160
  • Mandatory Club Fee Frequency: Monthly

Schools

  • Elementary School: Naples Park Elementary School
  • Middle School: North Naples Middle School
  • High School: Gulf Coast High School
  • Elementary School: Naples Park Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Regular
  • Rear Exposure: Northwest
  • View: Lake
  • Waterfront: Lake
  • Lot Unit: 104
  • Section: 8
  • Total Area: 1493

Rental Info

  • Leases Per Year: 2
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2019
Sold by
Ohanian Sandra
Bought by
Ohanian Sandra J and Welty Holly Lynn
Current Estimated Value
$455,661

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 20, 2016
Sold by
Byrne Marjorie H O and Byrne Mary E O
Bought by
Ohanian Sandra
Seller's Agent
Jodi Hansen
Gray & CO Realty LLC
Buyer's Agent
Jennie Bradford
Arbor Trace Realty
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$230,000
Outstanding Balance
$101,172
Interest Rate
2.83%
Mortgage Type
New Conventional
Estimated Equity
$354,489

Purchase Details

Closed on
Jul 24, 2015
Sold by
Byrne Marjorie H O
Bought by
The Marjorie A O Byrne Declaration Of Tr and Byrne Mary E O

Purchase Details

Closed on
Jul 1, 2015
Bought by
Ohanian Sandra

Purchase Details

Closed on
Feb 11, 2013
Sold by
Hunter Suzanne J
Bought by
Obyrne Marjorie H

Purchase Details

Closed on
Sep 19, 2005
Sold by
Robbins Jane Claypool
Bought by
Hunter Suzanne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 15, 1999
Sold by
Robbins Jane C
Bought by
Robbins Jane Claypool

Purchase Details

Closed on
Feb 12, 1997
Sold by
Hall Pierson Mcginnis and Hall Priscilla Holcombe
Bought by
Robbins Frederick W and Robbins Jane C
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 Buyer Sale Price Title Company
Ohanian Sandra J -- Attorney
Ohanian Sandra $360,000 First Title & Abstract Inc
The Marjorie A O Byrne Declaration Of Tr -- Attorney
Ohanian Sandra $100 --
Obyrne Marjorie H $230,000 First Title & Abstract Inc
Hunter Suzanne J $250,000 Global Title
Robbins Jane Claypool $1,500 --
Robbins Frederick W $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ohanian Sandra $230,000
Previous Owner Hunter Suzanne J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2016 07/20/16 Sold $360,000 -4.0% $241 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $375,000 -- $251 / 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 $2,034 $236,200 -- --
2024 $2,004 $229,543 -- --
2023 $2,004 $222,857 $0 $0
2022 $2,078 $216,366 $0 $216,366
2021 $2,213 $221,250 $0 $221,250
2020 $2,565 $255,645 $0 $0
2019 $2,516 $249,897 $0 $0
2018 $2,456 $245,237 $0 $0
2017 $2,415 $240,193 $0 $0
2016 $2,454 $201,828 $0 $0
2015 $2,262 $183,480 $0 $0
2014 $2,059 $166,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216032208

Naples Area Board of REALTORS®

APN: 22350003447