NOT LISTED FOR SALE

Estimated Value: $2,174,703 - $2,917,000

4 Beds
3 Baths
2,528 Sq Ft
$1,024/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $2,780,000 $1,100 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $16,123/month

34 Days on Market

Highlights

  • Ocean View
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Naples Bayside Academy Rated A
  • Open Floorplan
  • Great Room

About This Home

As of June 2023

Welcome to 5663 E. Sorrento Dr. on Naples Island! Situated on one of the most coveted open water stretches in Southern California, featuring its own private beach and dock which can accommodate multiple water crafts. This 4 bed, 3 bath, 2,528 sq.ft. home sits on a 3,180 sq.ft. lot and boasts tons of potential to keep the current structure and remodel or completely redesign a new custom waterfront home. The current layout lends itself to an open floor plan concept which will capture endless water, sunrise and sunset views. Downstairs offers a spacious great room complete with living room, dining room and kitchen. Sliders lead out to a large waterfront patio that accesses your private beach and dock. Rear patio has plenty of space for landscaping and creating a safe space for kids and pets to play. Large bedroom with full bath complete the first floor. Upstairs features a massive master retreat with plenty of space for the imagination to run wild. Sliders open out to a private balcony with spectacular views all the way down the channel. Ensuite and walk in closet complete the master bedroom. Two additional bedrooms share a full bathroom completing the 2nd floor. Attached 2 car garage. Naples Island offers amazing walkability to schools, restaurants and shopping. Endless water activities and peaceful island living await you!

Last Agent to Sell the Property

Spencer Snyder

The Agency License #01912506 Listed on: 04/18/2023

The Agency

Last Buyer's Agent

Spencer Snyder

The Agency License #01912506 Listed on: 04/18/2023

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 3,180 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard
  • Property is zoned LBR1S

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean
  • Bay
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,528 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Great Room
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Balcony
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Naples Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 3
  • Tax Tract Number 7293
  • Assessor Parcel Number 7244007003
  • $361 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Naples (NA)
  • View: Yes
  • Zoning: LBR1S
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7244007003
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2528.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Open Floorplan
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1099.68
  • Room Type: Great Room, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: Bay, Neighborhood, Ocean, Water
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 3180.00
  • Lot Size Acres: 0.0730

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3180.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 5775.01
  • Tax Lot: 3
  • Tax Tract Number: 7293
  • TaxOtherAnnualAssessmentAmount: 361.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 28, 2023
Sold by
Dowdy Patricia Barbara
Bought by
Dowdy Kevin
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Spencer Snyder
The Agency
List Price
$3,795,000
Sold Price
$2,780,000
Premium/Discount to List
-$1,015,000
-26.75%
Views
85
Current Estimated Value
$2,530,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$249,610
Avg. Annual Appreciation
-2.73%
Original Mortgage
$726,000
Outstanding Balance
$705,813
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,882,363

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 22, 2023
Sold by
Tippett Mark and Tippett Suzanne
Bought by
Tippett Family Trust and Tippett
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Spencer Snyder
The Agency
List Price
$3,795,000
Sold Price
$2,780,000
Premium/Discount to List
-$1,015,000
-26.75%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,000
Outstanding Balance
$705,813
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,882,363

Purchase Details

Listed on
Apr 18, 2023
Closed on
May 26, 2023
Sold by
Patricia & Haydon Family Trust
Bought by
Tippett Mark and Tippett Suzanne
Seller's Agent
Spencer Snyder
The Agency
Buyer's Agent
Spencer Snyder
The Agency
List Price
$3,795,000
Sold Price
$2,780,000
Premium/Discount to List
-$1,015,000
-26.75%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,000
Outstanding Balance
$705,813
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,882,363

Purchase Details

Closed on
Mar 26, 1997
Sold by
Dowdy Haydon F
Bought by
Dowdy Haydon F and Dowdy Patricia B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dowdy Kevin -- --
Dowdy Kevin -- --
Tippett Family Trust -- Ticor Title
Tippett Mark $2,780,000 Ticor Title
Dowdy Haydon F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tippett Mark $726,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $2,780,000 -6.6% $1,100 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/19/2023 05/19/23 Price Changed $2,975,000 -14.9% $1,177 / Sq Ft
05/07/2023 05/07/23 Price Changed $3,495,000 -7.9% $1,383 / Sq Ft
04/18/2023 04/18/23 For Sale $3,795,000 -- $1,501 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $35,637 $1,182,107 $587,661 $594,446
2024 $35,637 $2,835,600 $2,040,000 $795,600
2023 $4,037 $300,649 $188,505 $112,144
2022 $3,783 $294,755 $184,809 $109,946
2021 $3,709 $288,977 $181,186 $107,791
2019 $3,654 $280,408 $175,813 $104,595
2018 $3,513 $274,911 $172,366 $102,545
2016 $3,211 $264,238 $165,674 $98,564
2015 $3,071 $260,270 $163,186 $97,084
2014 $3,066 $255,173 $159,990 $95,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23061432

California Regional Multiple Listing Service (CRMLS)

APN: 7244-007-003