NOT LISTED FOR SALE

512 Tierra Mar Ln E Unit 4 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $1,407,000 - $2,915,000

2 Beds
2.5 Baths
1,972 Sq Ft
$976/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $1,537,500 $780 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $11,579/month

91 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Marble Flooring
  • Sea Gate Elementary School Rated A
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of February 2020

V.2866 - Exquistely redesigned villa, perfect for the buyer with an appreciation for fine finishe details. Entering through the courtyard gate, one will b3e enchanted with the dark bottom pool with stone decking and an array of tropical plantings and gardens. The private courtyard continues around the villa with several outside living areas including a remote control pergola, all of which ar perfect for entertaining or simply for your own enjoyment. As the mahogany front door opens you will immediately be drawn to the iconic and timeless style ot the open and airy living space with vaulted tongue and groove ceilings. With understated elegance this villa features exquisite millwork, ebony wood and marble flooring, custom lighting,impact resistant windows and doors and much more. The Spazzi Kitchen with imported tile back splashes, oversized quartz island and top of the line appliances would make any chef proud. The master suite features a marble bath, his and her walk-in closets and a charming terrace. With an easy walk to Artis-Naples, Waterside shops and Pelican Bay Beach access, the location is ideal.

Last Agent to Sell the Property

Sara Williams

John R Wood Properties Listed on: 10/01/2019

John R Wood Properties

Last Buyer's Agent

Jim Craft

William Raveis Real Estate

William Raveis Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 1981

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • North Facing Home
  • Privacy Fence

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Villa
  • Entry on the 1st floor
  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 1,972 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Alarm System

Kitchen

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

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Sea Gate Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66270440007

Community Details

Overview

  • $7,500 Secondary HOA Transfer Fee
  • Tierra Mar Condos

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,980

Year Built

Built in 1981

Lot Details

0

HOA Fees

$594 per month

Parking

2

Listing Details

  • Legal Description: PELICAN BAY UNIT 1 LOT 4 TIERRA MAR (HO) A PORTION OF PAR C DESC IN OR 812 PG 1219- 1228, OR 1861 PG 2395
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.216107$-81.806037$189.49$13.33$1.00$7QJ6vxBxELO-SI6bYL9NjA
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 779.67
  • Total Floors: 1
  • Room Count: 7
  • Estimated Living Area: 1972
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Marble, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Cathedral Ceiling, Closet Cabinets, Custom Mirrors, Fireplace, Smoke Detectors, Vaulted Ceiling, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Double Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Built-Up Or Flat, Tile
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Reclaimed
  • Road: Cul-De-Sac
  • View: Landscaped Area, Privacy Wall
  • Exterior Features: Courtyard, Patio, Privacy Wall, Private Road
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Custom Upgrades, Equipment Stays, Heated Electric

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: (239) 596-5567
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural
  • Sub Condo Name: TIERRA MAR
  • HOA Fees: 1183
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Reserve, Street Lights, Trash Removal
  • Master Hoa Fee: 2396
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach Access, Community Room, Internet Access, Private Beach Pavilion, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 46

Fee Information

  • Transfer Fees: 7500.00
  • Application Fee: 250.00

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 4
  • Section: 9
  • Total Area: 4916
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Cul-De-Sac
  • Parcel Number: 66270440007

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 60

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 5979.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Jan 31, 2020
Sold by
Khorasantchi Mally
Bought by
Khorasantchi Ali and Rodriguez Villalobos Jose Joaquin
Seller's Agent
Sara Williams
John R Wood Properties
Buyer's Agent
Jim Craft
William Raveis Real Estate
List Price
$1,699,000
Sold Price
$1,537,500
Premium/Discount to List
-$161,500
-9.51%
Current Estimated Value
$1,924,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,926
Avg. Annual Appreciation
4.03%

Purchase Details

Closed on
Apr 7, 2017
Sold by
Gibbs Joseph W
Bought by
Gibbs Lynn M

Purchase Details

Closed on
Dec 10, 2004
Sold by
Jacobus Cherry H
Bought by
Gibbs W Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1998
Sold by
Swanson Roland K
Bought by
Jacobus Cherry H

Purchase Details

Closed on
Aug 17, 1993
Sold by
Smith Winn H
Bought by
Swanson Rolland K
Source: Public Records

Range of Values:

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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
Khorasantchi Ali $1,537,500 Attorney
Gibbs Lynn M $888,000 Attorney
Gibbs W Joseph $752,500 First American Title Co
Jacobus Cherry H $387,000 --
Swanson Rolland K $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gibbs W Joseph $602,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2020 02/03/20 Sold $1,537,500 -9.5% $780 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $1,699,000 -- $862 / 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 $8,886 $853,571 -- --
2024 $8,768 $829,515 -- --
2023 $8,768 $805,354 $0 $0
2022 $8,936 $781,897 $0 $0
2021 $8,951 $759,123 $0 $0
2020 $7,197 $609,024 $0 $0
2019 $7,092 $595,331 $0 $0
2018 $7,209 $584,231 $0 $0
2017 $9,377 $771,000 $0 $771,000
2016 $6,263 $534,691 $0 $0
2015 $6,225 $530,974 $0 $0
2014 $6,153 $476,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sara Williams

    Seller's Agent in 2020

    Sara Williams

    John R. Wood Properties

    (239) 784-5610

    5 in this area

    33 Total Sales

    Sara Williams
    Section Image
  • Jim Craft

    Buyer's Agent in 2020

    Jim Craft

    William Raveis Real Estate

    (617) 320-8253

    2 in this area

    38 Total Sales

    Jim Craft
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219060560

Naples Area Board of REALTORS®

APN: 66270440007

Florida Collier County Naples 34108 Pelican Bay

512 Tierra Mar Ln E Unit 4, Naples, FL

This home is located at 512 Tierra Mar Ln E Unit 4, Naples, FL 34108 since 01 October 2019 and is currently estimated at $1,924,426, approximately $975 per square foot. This property was built in 1981. 512 Tierra Mar Ln E Unit 4 is a home located in Collier County with nearby schools including Sea Gate Elementary School, Pine Ridge Middle School, and Barron Collier High 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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