NOT LISTED FOR SALE

5480 16th Place SW Unit 203 Naples, FL 34116

Estimated Value: $247,000 - $290,000

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

Last Sold February 28, 2022

Last sale price $215,000 $200 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,973/month

82 Days on Market

Highlights

  • Screened Porch
  • Eat-In Kitchen
  • Walk-In Closet
  • Community Pool
  • Concrete Block With Brick
  • Laundry Room

About This Home

As of February 2022

RARE OPPORTUNITY to own this great condo. Top location close to shopping, dining and easy access to I-75. First floor location. VACANT & MOVE IN ready! Condo is freshly painted and features beautiful high ceilings, convenient laundry in unit and is tiled throughout. Very light and bright. Relax in your private screened lanai overlooking serene landscaping, within steps to the pool. Unit also has a great rental history which makes it very attractive for INVESTOR buyers. Property is NOT FHA approved.

Last Agent to Sell the Property

Lizette Fierro

Coldwell Banker Realty License #NAPLES-277042560 Listed on: 11/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Maria Rojas

Xclusive Homes LLC License #NAPLES-249522371

Xclusive Homes LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 2000

Lot Details

  • South Facing Home

HOA Fees

  • $270 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

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

Listing and Financial Details

  • Assessor Parcel Number 27778000289

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,070

Year Built

Built in 2000

Lot Details

0

HOA Fees

$270 per month

Listing Details

  • Legal Description: CORAL GARDENS A CONDOMINIUM UNIT 203
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.197672$-81.716901$162.25$13.33$1.00$9sdfC0DHqZN9jsazyCu2jA
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 200.00
  • Total Floors: 1
  • Additional Rooms: 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: Living Dining, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 2390000000
  • Approval: Application Fee, Buyer
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: CORAL GARDEN CONDO
  • Condo Fees: 270
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Recreational Facilities, Street Lights, Street Maintenance

Association/Amenities

  • Pets: With Approval
  • Development: Coral Garden Condo
  • Amenities: BBQ - Picnic, Community Pool
  • Community Type: Non-Gated
  • Units In Building: 11
  • Total Number of Units: 33

Fee Information

  • Application Fee: 250.00

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: 203
  • Section: 16
  • Total Area: 1075
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 27778000289

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 1070.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Feb 28, 2022
Sold by
Daryl Ann Berman Revocable Living Trust
Bought by
Basco Investments Llc
Seller's Agent
Lizette Fierro
Coldwell Banker Realty
Buyer's Agent
Maria Rojas
Xclusive Homes LLC
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Total Days on Market
82
Current Estimated Value
$274,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,231
Avg. Annual Appreciation
7.73%
Original Mortgage
$172,000
Outstanding Balance
$161,757
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$112,474

Purchase Details

Closed on
Nov 2, 2009
Sold by
Sunland Property Investments Inc
Bought by
Berman Daryl Ann

Purchase Details

Closed on
Aug 12, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Sunland Property Investment Inc

Purchase Details

Closed on
Apr 27, 2009
Sold by
Dudushi Edlira
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 15, 2005
Sold by
Mds Investments Llc
Bought by
Dudushi Edlira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,079
Interest Rate
1%
Mortgage Type
New Conventional
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
Basco Investments Llc $215,000 Starling Law Pa
Berman Daryl Ann $45,100 Stewart Title Company
Sunland Property Investment Inc $21,000 Stewart Title Company
Jpmorgan Chase Bank National Association -- None Available
Dudushi Edlira $147,599 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basco Investments Llc $172,000
Previous Owner Dudushi Edlira $175,000
Previous Owner Dudushi Edlira $118,079
Closed Dudushi Edlira $14,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $215,000 -6.1% $200 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $229,000 0.0% $213 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/08/2021 12/08/21 Price Changed $229,000 0.0% $213 / Sq Ft
12/08/2021 12/08/21 For Sale $229,000 -4.2% $213 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/12/2021 11/12/21 Price Changed $239,000 -7.7% $222 / Sq Ft
11/01/2021 11/01/21 For Sale $259,000 -- $241 / 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 $2,029 $182,750 $0 $182,750
2022 $1,297 $91,078 $0 $0
2021 $1,144 $82,798 $0 $0
2020 $1,070 $75,271 $0 $0
2019 $980 $68,428 $0 $0
2018 $907 $62,207 $0 $0
2017 $858 $56,552 $0 $0
2016 $777 $51,411 $0 $0
2015 $650 $46,737 $0 $0
2014 $539 $42,488 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221075558

Naples Area Board of REALTORS®

APN: 27778000289