NOT LISTED FOR SALE

5720 Grande Reserve Way Unit 2003 Naples, FL 34110

The Strand Neighborhood

Estimated Value: $705,000 - $791,000

3 Beds
3 Baths
3,142 Sq Ft
1999 Built

Last Sold October 14, 2016

Last sale price $400,000 $127 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,378/month

29 Days on Market

About This Home

As of October 2016

This home is located at 5720 Grande Reserve Way Unit 2003, Naples, FL 34110 since 15 July 2016 and is currently estimated at $748,317, approximately $238 per square foot. This property was built in 1999. 5720 Grande Reserve Way Unit 2003 is a home located in Collier County with nearby schools including Veterans Memorial Elementary School, North Naples Middle School, and Royal Palm Academy.

Last Agent to Sell the Property

Madelon Ward

Madelon Ward Licensed Real Estate Broker Listed on: 07/15/2016

Last Buyer's Agent

Dirk Fischer

5th Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,439

Year Built

  • 1999

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 3,142 Sq Ft Home
  • 2-Story Property
  • 7 Ceiling Fans

Listing and Financial Details

Community Details

Overview

  • $1,000 Secondary HOA Transfer Fee
  • Low-Rise Condominium
  • Grande Reserve Condos

Pet Policy

  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,439

Year Built

1999

Lot Details

0

Listing Details

  • Legal Description: GRANDE RESERVE AT PELICAN STRAND A CONDO BLDG 20-2003
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Additional Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Master BR Sitting Area, Split Bedrooms, Two Master Suites
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Cathedral Ceiling, Foyer, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Room Count: 5
  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 7
  • Num Unit Floor: 2
  • Price Per Sq Ft: 163.80
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Pond, Sprinkler Auto, Water Display
  • Construction: Concrete Block
  • Exterior Features: Pond, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal, Reclaimed
  • Windows: Single Hung, Skylight, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Guest

Utilities

  • Cooling: Ceiling Fans, Central Electric, Humidistat
  • Heating: Central Electric
  • Security: Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Basketball, BBQ - Picnic, Bike And Jog Path, Bocce Court, Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Fitness Center Attended, Full Service Spa, Golf Course, Internet Access, Pickleball, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Equity, Tennis
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: No Commercial
  • Sub Condo Name: GRANDE RESERVE

Association/Amenities

  • Units in Building: 4
  • Total Number of Units: 80
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Development: The Strand

Fee Information

  • Condo Fees: 1360
  • Condo Fee Frequency: Quarterly
  • Mandatory Club Fee: 2097
  • Mandatory Club Fee Frequency: Annually
  • Transfer Fees: 1000.00
  • Application Fee: 100.00

Schools

  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: South
  • View: Golf Course, Pond
  • Waterfront: Lake
  • Section: 19
  • Total Area: 3142

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2023
Sold by
Cavallo Grace A
Bought by
William T Cavallo Trust and Cavallo
Current Estimated Value
$748,317

Purchase Details

Listed on
Jul 15, 2016
Closed on
Oct 13, 2016
Sold by
Ward Madelon
Bought by
Cavallo Grace A and Cavallo William T
Seller's Agent
Madelon Ward
Madelon Ward Licensed Real Estate Broker
Buyer's Agent
Dirk Fischer
5th Homes
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Nov 26, 2002
Sold by
Hicks Jason C and Hicks Juli A
Bought by
Ward Madelon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2002
Sold by
Hicks Jason C and Hicks Julie A
Bought by
Hicks Jason C and Hicks Juli A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Grande Reserve Pelican Strand Ltd
Bought by
Hicks Jason C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1998
Sold by
Grande Reserve At Pelican Strand Ltd
Bought by
Hicks Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,500
Interest Rate
6.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
William T Cavallo Trust -- None Listed On Document
Cavallo Grace A $400,000 None Available
Ward Madelon $304,200 --
Hicks Jason C -- --
Hicks Jason C -- --
Hicks Jason D $276,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ward Madelon $273,000
Previous Owner Hicks Jason C $240,000
Previous Owner Hicks Jason C $240,000
Previous Owner Hicks Jason D $221,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $400,000 -4.8% $127 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $420,000 -- $134 / 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 $5,439 $472,963 -- --
2024 $5,090 $429,966 -- --
2023 $5,090 $390,878 $0 $0
2022 $4,331 $355,344 $0 $0
2021 $3,753 $323,040 $0 $323,040
2020 $3,468 $300,366 $0 $300,366
2019 $3,675 $317,460 $0 $317,460
2018 $3,771 $327,228 $0 $327,228
2017 $3,794 $327,228 $0 $327,228
2016 $3,667 $317,460 $0 $0
2015 $3,556 $302,808 $0 $0
2014 $3,342 $280,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madelon Ward

    Seller's Agent in 2016

    Madelon Ward

    Madelon Ward Licensed Real Estate Broker

    (248) 703-9532

    94 Total Sales

    Madelon Ward
    Section Image
  • Dirk Fischer

    Buyer's Agent in 2016

    Dirk Fischer

    5th Homes

    (239) 250-7337

    73 Total Sales

    Dirk Fischer
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216045943

Naples Area Board of REALTORS®

APN: 46623001589

Florida Collier County Naples 34110 The Strand

5720 Grande Reserve Way Unit 2003, Naples, FL

Not Listed for Sale

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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