NOT LISTED FOR SALE

5490 16th Place SW Unit 303 Naples, FL 34116

Estimated Value: $211,000 - $279,000

2 Beds
2 Baths
1,075 Sq Ft
$373/mo HOA Fee

Last Sold June 25, 2024

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

Est. 11% increase in value since last sale

Current estimated payment $1,770/month

Highlights

  • Carriage House
  • Screened Porch
  • Concrete Block With Brick
  • Community Pool or Spa Combo
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of June 2024

Beautiful 2 bed, 2 bath condo in the desirable Coral Gardens Community.

Last Agent to Sell the Property

Nicole Costa

CoastalEdge Real Estate LLC Listed on: 05/29/2024

Last Buyer's Agent

Nicole Costa

CoastalEdge Real Estate LLC Listed on: 05/29/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 2000

Lot Details

  • North Facing Home

HOA Fees

  • $373 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Carriage House
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • 2 Ceiling Fans
  • Single Hung Windows
  • Sliding Windows
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27778000522

Community Details

Overview

  • 12 Units
  • Low-Rise Condominium
  • Coral Garden Condo
  • Coral Garden Condo Community

Recreation

  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,466

Year Built

Built in 2000

Lot Details

0

HOA Fees

$373 per month

Listing Details

  • Legal Description: CORAL GARDENS A CONDOMINIUM UNIT 303
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 2000
  • Property Information: Beautiful 2 bed, 2 bath condo in the desirable Coral Gardens Community.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 2
  • 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
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Eat-in Kitchen
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

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

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-250-0307
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural
  • Sub Condo Name: CORAL GARDEN CONDO
  • Maintenance: Cable, Internet/WiFi Access, Lawn/Land Maintenance, Sewer, Trash Removal
  • Master Hoa Fee: 1119
  • Master HOA Fee Frequency: Quarterly
  • Development Name: CORAL GARDEN CONDO

Association/Amenities

  • Pets: With Approval
  • Development: Coral Garden Condo
  • Amenities: Community Pool, Community Room, Community Spa/Hot tub, Internet Access, Streetlight
  • Community Type: Condo/Hotel, Non-Gated
  • Units In Building: 12
  • Total Number of Units: 36

Lot Info

  • Builder Product: No
  • Lot Unit: 303
  • Section: 16
  • Total Area: 1075
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Regular
  • Parcel Number: 27778000522

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 1466.47
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jun 28, 2024
Sold by
Mds Investments Llc
Bought by
Garcia Jorge and Delgarcia Luz Del
Seller's Agent
Nicole Costa
CoastalEdge Real Estate LLC
Buyer's Agent
Nicole Costa
CoastalEdge Real Estate LLC
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%
Current Estimated Value
$239,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,250
Avg. Annual Appreciation
8.78%
Original Mortgage
$161,250
Outstanding Balance
$159,335
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$79,915

Purchase Details

Closed on
Apr 14, 2010
Sold by
5490 Bbdr Llc
Bought by
Mds Investments Llc

Purchase Details

Closed on
Feb 23, 2010
Sold by
Dudushi Edlira
Bought by
5490 Bbdr Llc

Purchase Details

Closed on
Jun 30, 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
$139,920
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2004
Sold by
Demarco Investments Llc
Bought by
Mds Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,330,000
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage
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
Garcia Jorge $215,000 Omni Title
Mds Investments Llc $46,000 Attorney
5490 Bbdr Llc $27,201 None Available
Dudushi Edlira $174,900 --
Mds Investments Llc $3,330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jorge $161,250
Previous Owner Dudushi Edlira $139,920
Previous Owner Mds Investments Llc $3,330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold $215,000 -10.0% $200 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $239,000 -- $222 / 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 $1,533 $204,250 -- $204,250
2024 $1,466 $110,205 -- --
2023 $1,466 $100,186 $0 $0
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 -- $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: 224047234

Naples Area Board of REALTORS®

APN: 27778000522