NOT LISTED FOR SALE

5385 Treetops Dr Unit I-R-2 Naples, FL 34113

South Naples Neighborhood

Estimated Value: $182,052 - $194,000

2 Beds
2 Baths
865 Sq Ft
$479/mo HOA Fee

Last Sold March 03, 2023

Last sale price $170,000 $197 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,619/month

46 Days on Market

Highlights

  • Lake Front
  • End Unit
  • Community Pool
  • Wood Flooring
  • Screened Porch
  • Walk-In Closet

About This Home

As of March 2023

Investors do not miss out on adding this two bedroom with two full bath property to your portfolio. This end unit offers a lake view from the screened in lanai. Currently there is a long-term renter in place, but the possibilities are endless. Treetops is a non-gated community with a pool that allows twelve leases a year for those who like short term rentals. Located just a short drive to downtown Naples, Marco Island, shopping, dining, white sandy beaches and all of the beautiful things Southwest Florida has to offer. All this for under 200k!

Last Agent to Sell the Property

Frank Procopio

William Raveis Real Estate License #NAPLES-639089267 Listed on: 12/14/2022

William Raveis Real Estate

Last Buyer's Agent

Gabriel Eguez

Starlink Realty, Inc License #NAPLES-258008803

Starlink Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $877

Year Built

  • Built in 1980

Lot Details

  • Lake Front
  • End Unit
  • West Facing Home

HOA Fees

  • $479 Monthly HOA Fees

Parking

  • Deeded Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 865 Sq Ft Home
  • 1-Story Property
  • Double Hung Windows
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Manatee Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 77462280006
  • Tax Block I

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium
  • Treetops Of Naples Condos
  • Treetops Of Naples Community

Amenities

  • Trash Chute

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$877

Year Built

Built in 1980

Lot Details

0

HOA Fees

$479 per month

Listing Details

  • Legal Description: TREETOPS OF NAPLES (CONDO) SEC I APT R-2
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.079563$-81.72583$269.40$13.33$1.00$yR1K9qk1p0G-3gr7TE7lVg
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Year Built: 1980
  • Property Information: Investors do not miss out on adding this two bedroom with two full bath property to your portfolio. This end unit offers a lake view from the screened in lanai. Currently there is a long-term renter in place, but the possibilities are endless. Treetops is a non-gated community with a pool that allows twelve leases a year for those who like short term rentals. Located just a short drive to downtown Naples, Marco Island, shopping, dining, white sandy beaches and all of the beautiful things Southwest Florida has to offer. All this for under 200k!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 196.53
  • Total Floors: 1
  • Additional Rooms: Family Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 865
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Walk-In Closet
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Wood Frame
  • Irrigation: Reclaimed
  • View: Lake
  • Exterior Finish: Vinyl Siding
  • Waterfront Type: Lake

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 2396495526
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial, No RV
  • Sub Condo Name: TREETOPS OF NAPLES
  • Condo Fees: 1438
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Street Lights
  • Development Name: TREETOPS OF NAPLES

Association/Amenities

  • Pets: With Approval
  • Development: Treetops Of Naples
  • Amenities: Community Pool, Streetlight, Trash Chute, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 4
  • Total Number of Units: 60

Fee Information

  • Application Fee: 225.00

Schools

  • Elementary School: MANATEE ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Manatee Elementary School
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Builder Product: No
  • Section: 32
  • Total Area: 875
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Regular
  • Parcel Number: 77462280006

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 876.89
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Mar 3, 2023
Sold by
5385 Treetops Llc
Bought by
Gabriel Eguez And Associates Pa
Seller's Agent
Frank Procopio
William Raveis Real Estate
Buyer's Agent
Gabriel Eguez
Starlink Realty, Inc
List Price
$199,000
Sold Price
$170,000
Premium/Discount to List
-$29,000
-14.57%
Views
148
Current Estimated Value
$189,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,919
Avg. Annual Appreciation
4.19%
Original Mortgage
$130,000
Outstanding Balance
$126,655
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$61,108

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 23, 2019
Sold by
Cooter John E and Cooter Hilda E
Bought by
5385 Treetops Llc
Seller's Agent
Nico Paredes
John R Wood Properties
Buyer's Agent
Adam Radno
Epique Realty, INC
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.13%

Purchase Details

Closed on
Dec 13, 2002
Sold by
Kreamer Vincent M and Kreamer Gil D
Bought by
Cooter John E and Cooter Hilda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,526
Interest Rate
5.92%

Purchase Details

Closed on
Mar 4, 1998
Sold by
Brothers Harry and Borthers Irene
Bought by
Kreamer Vincent M and Kreamer Gil D
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
Gabriel Eguez And Associates Pa $170,000 Omega National Title
5385 Treetops Llc $85,000 Gulfshore Title Co Llc
Cooter John E $74,000 --
Kreamer Vincent M $29,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabriel Eguez And Associates Pa $130,000
Previous Owner Cooter John $21,207
Previous Owner Cooter John E $66,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $170,000 -14.6% $197 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $199,000 +134.1% $230 / Sq Ft
05/23/2019 05/23/19 Sold $85,000 -14.9% $98 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $99,900 -- $115 / 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
2023 $1,109 $92,923 $0 $0
2022 $1,031 $84,475 $0 $0
2021 $877 $76,795 $0 $76,795
2020 $790 $69,875 $0 $69,875
2019 $717 $62,955 $0 $62,955
2018 $4 $25,373 $0 $0
2017 $0 $24,851 $0 $0
2016 $0 $24,340 $0 $0
2015 -- $24,171 $0 $0
2014 -- $23,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222085886

Naples Area Board of REALTORS®

APN: 77462280006