NOT LISTED FOR SALE

517 Tierra Mar Ln W Unit 45 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $1,552,000 - $2,743,000

3 Beds
2.5 Baths
2,366 Sq Ft
$592/mo HOA Fee

Last Sold May 06, 2020

Last sale price $1,500,000 $634 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,694/month

18 Days on Market

Highlights

  • Community Beach Access
  • Water Views
  • Private Membership Available
  • Sea Gate Elementary School Rated A
  • Concrete Pool
  • Atrium Room

About This Home

As of May 2020

V.2971 -

Last Agent to Sell the Property

Greg Gorman

John R Wood Properties Listed on: 02/06/2020

John R Wood Properties

Co-Listed By

Mary Kay Hart

John R Wood Properties

Last Buyer's Agent

Bill Bruno

Berkshire Hathaway FL Realty License #NAPLES-249523669

Berkshire Hathaway FL Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,008

Year Built

  • Built in 1981

Lot Details

  • Cul-De-Sac
  • North Facing Home
  • Privacy Fence
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Home Design

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

Interior Spaces

  • 2,366 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Window Treatments
  • Transom Windows
  • Family Room
  • Combination Dining and Living Room
  • Atrium Room
  • Tile Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Pool

Outdoor Features

  • Courtyard
  • Patio
  • Water Fountains
  • Outdoor Kitchen
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66272080009

Community Details

Overview

  • $7,500 Secondary HOA Transfer Fee
  • 2 Units
  • Private Membership Available
  • Tierra Mar Condos

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Beach Club Membership Available
  • Bike Trail
  • Concrete Pool
  • In Ground Pool
  • Pool Equipment Stays

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,008

Year Built

Built in 1981

Lot Details

0

HOA Fees

$592 per month

Parking

2

Listing Details

  • Legal Description: PELICAN BAY UNIT 1 LOT 45 TIERRA MAR (HO) A PORT OF PARC C
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.216361$-81.80766599999998$194.00$13.33$1.00$cida3HNJzvWopgAcDWs5gA
  • Building Design: Villa Attached
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 633.98
  • Total Floors: 1
  • Room Count: 7
  • Additional Rooms: Atrium, Family Room, Laundry in Garage
  • Estimated Living Area: 2366
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Warming Tray, Washer, Washer/Dryer Hookup
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fireplace, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Skylight, Transom

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central, Reclaimed
  • Road: Cul-De-Sac
  • View: Landscaped Area, Privacy Wall, Water Feature
  • Exterior Features: Built In Grill, Courtyard, Outdoor Kitchen, Patio, Privacy Wall, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Equipment Stays

Garage/Parking

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

Utilities

  • Cable Available: No
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-596-5567
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: TIERRA MAR
  • HOA Fees: 1175
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Fidelity Bond, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Reserve, Street Lights, Street Maintenance
  • Master Hoa Fee: 2396
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach Access, Beach Club Available, Bike And Jog Path, Private Beach Pavilion, Private Membership, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 2
  • Total Number of Units: 49

Fee Information

  • Transfer Fees: 7500.00
  • Application Fee: 250.00

Lot Info

  • Builder Product: No
  • Lot Unit: 45
  • Section: 9
  • Total Area: 2822
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Cul-De-Sac
  • Parcel Number: 66272080009

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 11008.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
May 1, 2020
Sold by
Wetmore Gordon J and Henderson Penelope S
Bought by
Bruno Michael A and Bruno Bridget
Seller's Agent
Greg Gorman
John R Wood Properties
Buyer's Agent
Bill Bruno
Berkshire Hathaway FL Realty
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%
Current Estimated Value
$2,023,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,101
Avg. Annual Appreciation
5.67%
Original Mortgage
$900,000
Outstanding Balance
$785,036
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,238,065

Purchase Details

Closed on
Mar 27, 2013
Sold by
Mosling Stephen P
Bought by
Wetmore Gordon J and Henderson Penelope S

Purchase Details

Closed on
Mar 26, 2013
Sold by
Sirkin Catherine L
Bought by
Wetmore Gordon J and Henderson Penelope S

Purchase Details

Closed on
Sep 30, 2008
Sold by
Manley Michael T and Manley Jennifer M
Bought by
Mosling Stephen P

Purchase Details

Closed on
Apr 29, 2005
Sold by
Sirkin Catherine L
Bought by
Manley Michael T and Manley Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bruno Michael A $1,500,000 Attorney
Wetmore Gordon J $1,100,000 Attorney
Wetmore Gordon J -- Attorney
Mosling Stephen P $1,395,000 Attorney
Manley Michael T $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Michael A $900,000
Previous Owner Manley Michael T $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2020 05/06/20 Sold $1,500,000 -6.3% $634 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $1,600,000 -- $676 / 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 $16,013 $1,411,715 -- --
2024 $14,799 $1,283,377 -- --
2023 $14,799 $1,166,706 $0 $0
2022 $13,186 $1,060,642 $0 $0
2021 $11,636 $964,220 $0 $964,220
2020 $9,794 $808,850 $0 $808,850
2019 $11,256 $936,310 $0 $936,310
2018 $11,008 $892,490 $0 $892,490
2017 $10,465 $869,490 $0 $869,490
2016 $9,972 $818,992 $0 $0
2015 $9,247 $744,538 $0 $0
2014 $8,282 $676,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 220012121

Naples Area Board of REALTORS®

APN: 66272080009