NOT LISTED FOR SALE

5470 16th Place SW Unit 101 Naples, FL 34116

Estimated Value: $223,780 - $257,000

2 Beds
2 Baths
1,075 Sq Ft
$270/mo HOA Fee

Last Sold April 28, 2022

Last sale price $232,500 $216 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,713/month

11 Days on Market

Highlights

  • Views of Preserve
  • Great Room
  • Eat-In Kitchen
  • Furnished
  • Screened Porch
  • Concrete Block With Brick

About This Home

As of April 2022

This rarely available 2 bedroom 2 bathroom end unit offers an open floor plan with an abundance of natural light coming through the lanai. This condo features high ceilings, a large family room, and dining area. The master bedroom has features a walk-in closet and a spacious master bathroom and shower. Just off of the kitchen you will find a perfect area for breakfast seating or even an at home office. Residents of Coral Gardens can enjoy a day by the community pool and take advantage of the BBQ grill area. Coral Gardens is not FHA approved.

Last Listed By

Alex Owens

Real Broker, LLC License #NAPLES-249527586 Listed on: 03/03/2022

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $868

Year Built

  • Built in 2000

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,075 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Views of Preserve
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • 1 Parking Garage Space
  • Deeded Parking

Schools

  • Mike Davis Elementary School
  • Golden Gate Middle School
  • Golden Gate High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 27778000027

Community Details

Overview

  • 11 Units
  • Low-Rise Condominium
  • Coral Garden Condo

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$868

Year Built

Built in 2000

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Legal Description: CORAL GARDENS A CONDOMINIUM UNIT 101
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.197681$-81.716289$193.10$13.33$1.00$z9Qf4jPApWMFtAPtbpY_Uw
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 216.28
  • Total Floors: 2
  • Additional Rooms: Family Room, Great Room, Guest Bath, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1075
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets
  • Primary Bathroom: Shower Only
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • View: Preserve
  • Exterior Features: Patio
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Assessment Paid

Condo/Co-op/Association

  • Management Company Phone: 239-250-0307
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: CORAL GARDEN CONDO
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Manager
  • Master Hoa Fee: 270
  • Master HOA Fee Frequency: Monthly

Association/Amenities

  • Pets: No Approval Needed
  • Development: Coral Garden Condo
  • Community Type: Non-Gated
  • Units In Building: 11
  • Total Number of Units: 33

Schools

  • Elementary School: MIKE DAVIS ELEMENTARY SCHOOL
  • Middle School: GOLDEN GATE MIDDLE SCHOOL
  • High School: GOLDEN GATE HIGH SCHOOL
  • Elementary School: Mike Davis Elementary School
  • High School: Golden Gate High School
  • Middle School: Golden Gate Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 101
  • Section: 16
  • Total Area: 1075
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Regular
  • Parcel Number: 27778000027

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 868.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2015
Closed on
Jul 21, 2015
Sold by
Mazzariello Bartholomew and Mazzariello Deborah F
Bought by
Miller Mark A
Seller's Agent
Tom Jafari
Premiere Plus Realty Company
Buyer's Agent
John Brady
Oak and Palm Realty
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Total Days on Market
11
Current Estimated Value
$239,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,445
Avg. Annual Appreciation
8.69%
Original Mortgage
$83,200
Outstanding Balance
$33,413
Interest Rate
3.31%
Mortgage Type
New Conventional
Estimated Equity
$206,032

Purchase Details

Closed on
Mar 29, 2012
Sold by
The Bank Of New York Mellon
Bought by
Mazzariello Bartholomew and Mazzariello Deborah F

Purchase Details

Closed on
Oct 4, 2011
Sold by
Lucceus Syltamene and Lejean James
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
May 18, 2006
Sold by
Lucceus Syltamene and Lejean James
Bought by
Lucceus Syltamene and Lejean James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Mds Investments Llc
Bought by
Lucceus Syltamene and James Lejean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Miller Mark A $105,000 Attorney
Mazzariello Bartholomew $47,475 North American Title Company
The Bank Of New York Mellon -- None Available
Lucceus Syltamene -- Zen Title
Lucceus Syltamene $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mark A $83,200
Previous Owner Lucceus Syltamene $180,000
Previous Owner Lucceus Syltamene $120,000
Closed Lucceus Syltamene $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $232,500 +3.4% $216 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $224,900 +114.2% $209 / Sq Ft
07/23/2015 07/23/15 Sold $105,000 -8.7% $98 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $115,000 -- $107 / 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 $2,062 $185,750 $0 $185,750
2022 $868 $114,286 $0 $0
2021 $868 $110,957 $0 $0
2020 $846 $109,425 $0 $109,425
2019 $1,219 $99,750 $0 $99,750
2018 $1,153 $94,375 $0 $94,375
2017 $1,120 $90,805 $0 $0
2016 $1,010 $82,550 $0 $0
2015 $683 $49,157 $0 $0
2014 $565 $44,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222017539

Naples Area Board of REALTORS®

APN: 27778000027