NOT LISTED FOR SALE

525 Tierra Mar Ln W Unit 43 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $1,441,000 - $2,003,052

3 Beds
2.5 Baths
2,400 Sq Ft
$736/Sq Ft Est. Value

Last Sold May 03, 2019

Last sale price $925,000 $385 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $10,660/month

67 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Heated In Ground Pool
  • Sea Gate Elementary School Rated A
  • Private Beach
  • Lake View

About This Home

As of May 2019

Back on the Market! Wow the location of this Pelican Bay Villa in Tierra Mar is breathtaking! Bring your ideas to make this your dream home! What a terrific opportunity for those who want to put their own personal touches. Home Features magnificent vaulted ceilings, bright sunny western exposure with huge covered screened lanai and huge brick paver patio and pool overlooking a tranquil pond with water feature. Newer zoned HVAC system. Pelican Bay offers true Naples resort living with two private beach clubs, beach and fine dining, tennis, fitness, walking paths, excellent schools, short distance to downtown Naples 5th Ave and 3rd Street. Located steps to the Philharmonic and the Waterside Shops, Pelican Bay Golf Club and short trip to the beach tram. This special Property is being sold AS-IS with the right to inspect. Dreams really can come true but see it today before it is SOLD!

Last Agent to Sell the Property

Christine Higgins

INACTIVE AGENT ACCT License #NAPLES-082425820 Listed on: 01/16/2019

INACTIVE AGENT ACCT

Co-Listed By

Rick Fioretti

Berkshire Hathaway FL Realty

Last Buyer's Agent

Roy Weekly Jr

Weekly Realty Group, LLC License #NAPLES-249515060

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,017

Year Built

  • Built in 1980

Lot Details

  • Private Beach
  • West Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

  • Villa
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Fireplace
  • Single Hung Windows
  • Family Room
  • Formal Dining Room
  • Atrium Room
  • Screened Porch
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry Tub
  • Washer Hookup

Outdoor Features

  • Heated In Ground Pool
  • Courtyard
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66272000005

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Restaurant
  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Community
  • Beach Club Membership Available
  • Tennis Courts
  • Exercise Course
  • Bike Trail

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,017

Year Built

Built in 1980

Lot Details

0

HOA Fees

$597 per month

Parking

2

Listing Details

  • Legal Description: PELICAN BAY UNIT 1 LOT 43 TIERRA MAR (HO) A PORTION OF PARCEL C DESC IN OR 812 PG 1219 OR 1882 PG 347
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.21644018666029$-81.80867360073199$117.35$13.33$1.00$A8Nn8QKWrmfqJtGYWdiDKg
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 385.42
  • Total Floors: 1
  • Additional Rooms: Atrium, Family Room, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Estimated Living Area: 2400
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining, Formal
  • Equipment: Cooktop, Dishwasher, Refrigerator, Wall Oven, Washer/Dryer Hookup
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Fireplace, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Wet Bar
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake
  • Exterior Features: Courtyard, Patio
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Electric

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • 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: Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager
  • Master Hoa Fee: 2460
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: BBQ - Picnic, Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Clubhouse, Exercise Room, Golf Course, Internet Access, Restaurant, Tennis Court
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 46

Fee Information

  • Transfer Fees: 7500.00
  • Application Fee: 250.00

Lot Info

  • Builder Product: Yes
  • Lot Unit: 43
  • Section: 9
  • Total Area: 2820
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Cul-De-Sac
  • Parcel Number: 66272000005

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 11017.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
May 3, 2019
Sold by
Donahue Edward Sean and Donahue Christopher C
Bought by
Rosen Susan F
Seller's Agent
Christine Higgins
INACTIVE AGENT ACCT
Buyer's Agent
Roy Weekly Jr
Weekly Realty Group, LLC
List Price
$1,050,000
Sold Price
$925,000
Premium/Discount to List
-$125,000
-11.9%
Current Estimated Value
$1,767,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,513
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Oct 2, 2006
Sold by
Donahue Lois M
Bought by
Lois M Donahue Florida Residence Trust

Purchase Details

Closed on
Aug 16, 1999
Sold by
Vanden Top Constance E
Bought by
Donahue Harry J and Donahue Lois M

Purchase Details

Closed on
Nov 8, 1993
Sold by
Getzelman Audrey E
Bought by
Vandentop Maas and Vandentop Constance E
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
Rosen Susan F $925,000 Attorney
Lois M Donahue Florida Residence Trust -- Attorney
Donahue Lois M -- Attorney
Donahue Harry J $560,000 --
Vandentop Maas $365,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $925,000 -11.9% $385 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $1,050,000 0.0% $438 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
01/30/2019 01/30/19 Price Changed $1,050,000 -12.5% $438 / Sq Ft
01/16/2019 01/16/19 For Sale $1,200,000 -- $500 / 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 $7,865 $749,902 -- --
2024 $7,750 $728,768 -- --
2023 $7,750 $707,542 $0 $0
2022 $7,929 $686,934 $0 $0
2021 $7,931 $666,926 $0 $0
2020 $7,053 $596,258 $0 $0
2019 $11,805 $986,310 $0 $986,310
2018 $11,556 $942,490 $0 $942,490
2017 $11,017 $919,490 $0 $919,490
2016 $10,515 $867,392 $0 $0
2015 $9,076 $788,538 $0 $0
2014 $8,735 $716,853 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219003678

Naples Area Board of REALTORS®

APN: 66272000005