NOT LISTED FOR SALE

Estimated Value: $6,174,000 - $8,268,000

4 Beds
6 Baths
3,218 Sq Ft
$2,349/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $3,893,000 $1,210 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $44,356/month

50 Days on Market

Highlights

  • 1 Bedroom Guest House
  • Fishing Pier
  • Sitting Area In Primary Bedroom
  • Lake Park Elementary School Rated A
  • Community Cabanas
  • Floor-to-Ceiling Windows

About This Home

As of April 2018

This Timeless Coastal Cottage sports a coveted first floor master and is awash with natural light which streams through two-story walls of glass. This perfect location is just 1 block to 5th Avenue, a few blocks to the crystalline beach, restaurants and shops around the corner and an MHK, Waterside Builders and Clive Daniel product. The gourmet kitchen gleams with a very large island and finishes of quartz, granite, Sub-Zero and Wolf supplied by natural gas. The surprisingly private location with a generous yard has serene outdoor living, a waterfall wall, covered and uncovered seating, and a tucked away outdoor kitchen. Aside from the two bedrooms and open loft upstairs, there is a second laundry room and a steam shower. Above the garage with a private entry, a spectacular welcomes your guests with a living room, kitchenette, bedroom and bath. This is the Queen of Downtown Living!

Last Agent to Sell the Property

Mary Catherine White

Downing Frye Realty Inc. License #NAPLES-249511906 Listed on: 12/01/2017

Downing Frye Realty Inc.

Last Buyer's Agent

Mara Muller

Gulf Coast International Prop

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,083

Year Built

  • Built in 2013

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 67
  • Property fronts an alley
  • Southwest Facing Home
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 3,218 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Corner Fireplace
  • Thermal Windows
  • Awning
  • Single Hung Windows
  • Floor-to-Ceiling Windows
  • Bay Window
  • Transom Windows
  • Casement Windows
  • Great Room
  • Living Room
  • Formal Dining Room
  • Loft
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Lanai
  • Outdoor Gas Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest house includes a cabana
  • Guest house includes a balcony

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13239900023

Community Details

Amenities

  • Shops
  • Community Storage Space

Recreation

  • Fishing Pier
  • Community Cabanas
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,083

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Legal Description: MUSTIQUE OF OLDE NAPLES LOT 1
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.142409$-81.80024400000002$71.19$13.33$1.00$PkGEuZQ71Iow5RGDQlWPCQ
  • Building Design: Single Family
  • Building Description: 2 Story, Corner, Florida, Traditional
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1209.76
  • Total Floors: 2
  • Additional Rooms: Attached Apartment, Balcony, Great Room, Guest Bath, Guest Room, Laundry in Residence, Loft, Open Porch/Lanai
  • Estimated Living Area: 3218
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Family Dining, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Freezer, Gas Grill, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Smoke Detectors, Walk-In Closet
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Awning, Bay, Casement, Single Hung, Thermal, Transom

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Road: Alley, City Maintained, Public Road
  • View: Landscaped Area
  • Exterior Features: Deck
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Balcony, Cabana, Efficiency, Living Room
  • Private Pool Type: Below Ground, Custom Upgrades, Heated Gas, Pool Bath
  • Private Spa Type: Below Ground, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Guest, Paved Parking, Street

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Alarm
  • Sewer: Central
  • Water: Central, Filter

Condo/Co-op/Association

  • Approval: Buyer
  • Mandatory HOA: No
  • Sub Condo Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: Cabana, Dog Park, Extra Storage, Fishing Pier, Shopping, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Schools

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

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 4365
  • Waterfront: No
  • Acres: 0.2300
  • Rear Exposure: Southwest
  • Lot Description: Oversize
  • Lot Dimensions: 67 X 150
  • Parcel Number: 13239900023

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: Homestead
  • Taxes: 25083.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Apr 27, 2018
Sold by
Scholtz Chet and Scholtz Jane
Bought by
Ullmann Michael and Ullmann Lisa Kremer
Seller's Agent
Mary Catherine White
Downing Frye Realty Inc.
Buyer's Agent
Mara Muller
Gulf Coast International Prop
List Price
$3,986,000
Sold Price
$3,893,000
Premium/Discount to List
-$93,000
-2.33%
Current Estimated Value
$7,328,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,435,976
Avg. Annual Appreciation
8.97%
Original Mortgage
$2,500,000
Outstanding Balance
$2,154,564
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$5,403,307

Purchase Details

Closed on
Jan 18, 2013
Sold by
Mustique Of Olde Naples Llc
Bought by
Scholtz Chet and Scholtz Jane
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ullmann Michael $3,893,000 Attorney
Scholtz Chet $2,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ullmann Michael $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $3,893,000 -2.3% $1,210 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $3,986,000 -- $1,239 / 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 $72,400 $8,979,594 -- --
2024 $74,773 $7,668,089 -- --
2023 $74,773 $6,970,990 -- --
2022 $68,362 $6,337,264 $0 $0
2021 $59,117 $5,761,149 $2,773,500 $2,987,649
2020 $31,824 $3,134,908 $1,623,046 $1,511,862
2019 $30,636 $2,985,043 $1,502,820 $1,482,223
2018 $25,469 $2,523,863 $0 $0
2017 $25,083 $2,471,952 $0 $0
2016 $24,663 $2,421,109 $0 $0
2015 $25,179 $2,404,279 $0 $0
2014 $25,275 $2,335,197 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217075243

Naples Area Board of REALTORS®

APN: 13239900023