NOT LISTED FOR SALE

5480 16th Place SW Unit 205 Naples, FL 34116

Estimated Value: $225,000 - $248,000

2 Beds
2 Baths
1,075 Sq Ft
$298/mo HOA Fee

Last Sold September 01, 2022

Last sale price $240,000 $223 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,740/month

10 Days on Market

Highlights

  • Canal View
  • Concrete Block With Brick
  • Community Barbecue Grill
  • Community Pool
  • Walk-In Closet
  • Tile Flooring

About This Home

As of September 2022

WOW!!! A 2 Bedrooms, 2 Bath Condo, first floor condo in a PRIME location for under $250k?! Here it is, well maintained, condo on a canal with tons of potential is finally for sale. LOW HOA Fees with endless opportunities for a real estate portfolio or for a first time home buyer. This condo is minutes away from restaurants, hospitals, and I-75 for easy access.

Last Agent to Sell the Property

George Oberdorster

Real Broker, LLC License #NAPLES-249522168 Listed on: 07/12/2022

Real Broker, LLC

Last Buyer's Agent

Diana Avila

Xclusive Homes LLC License #NAPLES-249524660

Xclusive Homes LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,144

Year Built

  • Built in 2000

Lot Details

  • South Facing Home

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport 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 27778000328

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

$1,144

Year Built

Built in 2000

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Legal Description: CORAL GARDENS A CONDOMINIUM UNIT 205
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.197672$-81.716901$165.35$13.33$1.00$cOfnhnC5nh-zCzPMIJAjzw
  • Building Design: Low Rise (1-3)
  • 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: 223.26
  • Total Floors: 1
  • Additional Rooms: Guest Room
  • Estimated Living Area: 1075
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

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

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 2390000000
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: CORAL GARDEN CONDO
  • Condo Fees: 298
  • 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: 205
  • Section: 16
  • Total Area: 1075
  • Waterfront: No
  • Rear Exposure: South
  • Parcel Number: 27778000328

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 1144.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 31, 2022
Sold by
Brown William J and Lee Tamara
Bought by
Cordaogli Funda
Seller's Agent
George Oberdorster
Real Broker, LLC
Buyer's Agent
Diana Avila
Xclusive Homes LLC
List Price
$240,000
Sold Price
$240,000
Views
8
Current Estimated Value
$237,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,728
Avg. Annual Appreciation
-0.21%
Original Mortgage
$232,800
Outstanding Balance
$224,392
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$14,151

Purchase Details

Closed on
Jun 6, 2005
Sold by
Mds Investments Llc
Bought by
Brown William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Cordaogli Funda $240,000 --
Brown William J $164,697 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordaogli Funda $232,800
Previous Owner Brown William J $45,900
Previous Owner Brown William J $114,000
Closed Brown William J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $240,000 0.0% $223 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $240,000 -- $223 / 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 $1,581 $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: 222052870

Naples Area Board of REALTORS®

APN: 27778000328