NOT LISTED FOR SALE

Estimated Value: $4,314,000 - $7,961,000

4 Beds
4.5 Baths
4,300 Sq Ft
$1,460/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $6,500,000 $1,512 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $42,276/month

67 Days on Market

Highlights

  • Beach Front
  • Property has ocean access
  • Marina View
  • Naples Bayside Academy Rated A
  • Private Dock Site
  • Boat Slip

About This Home

As of February 2022

Welcome to one of the most stunningly beautiful waterfront homes on Naples Island! 5615 E. Sorrento Drive boasts 4 bedrooms, 4.5 bathrooms and approximately 4300 sq.ft. and is situated on an oversized 4977 sq.ft. private corner lot. Interior of the home was completely remodeled in 2017, exterior backyard was completely remodeled in 2021. Home features include Creston control system for lighting, audio, video, roller shades and light switches all which are operated with IOT device interface (iPad or cell phone), ADT alarm system with 4k cameras using smart device remote access, sound system, EMF (Electro Magnetic Field) protection, custom solid wood doors with triple hinges, 6" wood crown molding, Baldwin solid brass hardware and fittings, dark oak stained hardwood floors, LED lighting with controlled dimmers and zoned Trane HVAC systems throughout. Private gated front entrance featuring custom stone walkway and wood trellis. Foyer features guest powder room and walk in wine cellar. Incredibly detailed water view chef's kitchen boasting high end appliances (Viking, Sub-Zero, Wolf and Bosch), warming drawer, built in Miele coffee maker, wine refrigerator, center island with built in sink & Gaggenau double sauce burners, walk in butler pantry with built in sink, stone countertops, Mother of Pearl custom backsplash, recessed 43" Ultra HD Samsung TV, bar seating with pendant lighting and custom chandelier. Breathtaking waterfront living room showcasing massive MWC sliding glass pocket doors for the perfect indoor/outdoor living environment, gas fireplace and 85" 4K TV. Spacious waterfront dining room offers built in buffet cabinet, custom chandelier and 2 sets of MWC sliding glass pocket doors that lead out to a spectacular outdoor oasis. This outdoor space in an entertainers dream offering multiple gas fireplaces, cooking island, 3 built in umbrellas and your own private sandy beach area. Dock and gangway include 3 slips which will accommodate up to a 54 ft boat and 2 separate sitting areas for additional entertaining space. Relaxation room, bedroom and full bath complete the downstairs. Expansive master retreat showcasing private waterfront balcony, walk in and built in closets, fireplace and ensuite with jacuzzi tub, walk in shower and dual vanities. 2 bedrooms, both with ensuite, large office/family room with waterview deck and laundry room complete the upstairs. Too many amenities to mention in this masterpiece, please see attached list.

Last Agent to Sell the Property

Spencer Snyder

The Agency License #01912506 Listed on: 10/27/2021

The Agency

Co-Listed By

Julie Jimenez

The Agency License #01983835

Last Buyer's Agent

Spencer Snyder

The Agency License #01912506 Listed on: 10/27/2021

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $84,447

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 4,977 Sq Ft Lot
  • Beach Front
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Wrought Iron Fence
  • Stucco Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Sprinklers on Timer
  • Private Yard
  • Property is zoned LBR1S

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway Up Slope From Street

Property Views

  • Marina
  • Bay

Home Design

  • Custom Home
  • Mediterranean Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Furnished
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Awning
  • Roller Shields
  • Sliding Doors
  • Panel Doors
  • Formal Entry
  • Wine Cellar
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Sauna

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Butlers Pantry
  • Double Convection Oven
  • Gas Oven
  • Built-In Range
  • Warming Drawer
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Retreat
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Heated Floor in Bathroom
  • Stone Bathroom Countertops
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Alarm System
  • Security Lights
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Property has ocean access
  • Boat Slip
  • Private Dock Site
  • Docks
  • Patio
  • Outdoor Fireplace
  • Fire Pit
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Naples Bayside Elementary School
  • Rogers Middle School
  • Wilson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Legal Lot and Block 2 / 7
  • Tax Tract Number 7293
  • Assessor Parcel Number 7244007017
  • $515 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Naples Subdivision

Recreation

  • Fishing
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$84,447

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: See attached list
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security Lights, Security System, Wired for Alarm System
  • Subdivision Name Other: Naples (NA)
  • View: Yes
  • Zoning: LBR1S
  • Architectural Style: Custom Built, Mediterranean
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7244007017
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4300.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Furnished, Home Automation System, Open Floorplan, Pantry, Recessed Lighting, Stone Counters, Vacuum Central, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Panel Doors, Sliding Doors
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Living Room, Master Bedroom, Outside, Gas, Fire Pit
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1511.63
  • Room Type: Bonus Room, Den, Entry, Formal Entry, Kitchen, Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Retreat, Sauna, Walk-In Pantry, Wine Cellar
  • Window Features: Roller Shields
  • Bathroom Features: Bathtub, Closet In Bathroom, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Heated Floor, Jetted Tub, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Butler's Pantry, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Drawers, Stone Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Sauna Private
  • Exterior Features: Awning(s), Barbecue Private, Boat Slip, Dock Private, Lighting, Rain Gutters
  • View: Bay, Marina, Water
  • Fence: Yes
  • Fencing: Privacy, Stucco Wall, Wrought Iron
  • Patio And Porch Features: Patio, Wrap Around
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway Up Slope From Street, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Built-In Range, Convection Oven, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Refrigerator, Warming Drawer, Water Line to Refrigerator, Water Purifier
  • Heating Type: Central, Fireplace(s), Zoned
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing, Watersports, Sidewalks, Storm Drains

Schools

  • School District: Long Beach Unified
  • Elementary School: Naples Bayside
  • Middle School: Rogers
  • High School: Wilson
  • Elementary School: Naples Bayside
  • High School: Wilson
  • Middle Or Junior School: Rogers
  • Elementary School #2: NAPBAY
  • High School2: WILSON

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Rectangular Lot, Sprinkler System, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 4977.00
  • Lot Size Acres: 0.1143

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4977.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Bay Front, Beach Access, Beach Front, Includes Dock, Navigable Water, Ocean Access

Tax Info

  • Tax Block: 7
  • Tax Census Tract: 5775.01
  • Tax Lot: 2
  • Tax Tract Number: 7293
  • TaxOtherAnnualAssessmentAmount: 515.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 4, 2022
Sold by
Inn At Sorrento Llc
Bought by
Cassar Family Trust
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Spencer Snyder
The Agency
List Price
$6,999,000
Sold Price
$6,500,000
Premium/Discount to List
-$499,000
-7.13%
Total Days on Market
67
Current Estimated Value
$6,277,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$222,324
Avg. Annual Appreciation
-1.53%
Original Mortgage
$4,550,000
Outstanding Balance
$3,763,308
Interest Rate
2.79%
Mortgage Type
New Conventional
Estimated Equity
$2,415,089

Purchase Details

Closed on
Jan 6, 2017
Sold by
Kober Charles M
Bought by
The Inn At Sorrento Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,850,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Kober Charles Merrill
Bought by
Kober Charles M and Kober Norma L

Purchase Details

Closed on
Jul 2, 1997
Sold by
Goyan Michael D
Bought by
Kober Charles Merrill and Kober Norma Lynn Stone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
7.57%
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
The Inn At Sorrento Llc $4,200,000 First American Title Company
Kober Charles M -- None Available
Kober Charles Merrill $750,454 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Inn At Sorrento Llc $2,500,000
Closed The Inn At Sorrento Llc $1,850,000
Previous Owner Kober Charles Merrill $1,240,000
Previous Owner Kober Charles Merrill $1,240,000
Previous Owner Merrill Charles $500,000
Previous Owner Kober Charles Merrill $350,000
Previous Owner Kober Charles Merrill $105,000
Previous Owner Kober Charles Merrill $650,000
Previous Owner Kober Charles Merrill $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $6,500,000 -7.1% $1,512 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $6,999,000 -- $1,628 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $84,447 $6,762,600 $4,681,800 $2,080,800
2023 $58,864 $4,685,176 $3,346,556 $1,338,620
2022 $55,152 $4,593,311 $3,280,938 $1,312,373
2021 $54,156 $4,503,247 $3,216,606 $1,286,641
2019 $53,382 $4,369,680 $3,121,200 $1,248,480
2018 $52,129 $4,284,000 $3,060,000 $1,224,000
2016 $13,965 $1,177,311 $775,588 $401,723
2015 $13,373 $1,159,627 $763,938 $395,689
2014 $13,286 $1,136,912 $748,974 $387,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21236786

California Regional Multiple Listing Service (CRMLS)

APN: 7244-007-017