NOT LISTED FOR SALE

5850 Pelican Bay Blvd Unit B 1 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $1,351,958 - $1,763,000

3 Beds
3 Baths
2,507 Sq Ft
1985 Built

Last Sold April 11, 2016

Last sale price $875,000 $349 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $9,122/month

4 Days on Market

About This Home

As of April 2016

EUROPEAN STYLE LIVING - LOW DENSITY COMMUNITY OF ONLY 8 UNITS - THIS LOVELY HOME FEATURES ARCHED
WINDOWS AND FRENCH DOORS OPENING TO SCREENED BALCONIES AND SITTING AREAS - TAKE IN AND ENJOY SITES OF NATURE - GOLF COURSE AND LAKE VIEWS TOO • SPACIOUS
ROOMS OFFER COMFORTABLE LIVING AND DINING AND A LOVELY ENVIRONMENT TO ENTERTAIN - LIGHT A FIRE FOR YOUR GUESTS IN THE WOOD BURNING FIREPLACE - 3 BEDROOMS ALLOW
YOU TO WELCOME FAMILY AND FRIENDS- OR THE FLEXIBILITY OF SETTING UP AN OFFICE OR DEN - STRIKING ARCHITECTURE MODELED AFTER A MEDITERRANEAN VILLA - COMPLETE WITH A
COURTYARD AND FOUNTAIN - THE BUILDINGS HAVE NEW TILE ROOFS- NEW COPPER GUTTERS AND DOWNSPOUTS- UNDER THE BUILDING PARKING LOT WITH 2 ASSIGNED SPOTS ALONG WITH A LARGE
SECURED STORAGE ROOM - WITHIN WALKING DISTANCE TO THE ARTIS OF NAPLES (FORMERLY THE PHILHARMONIC) -UPSCALE SHOPPING AND DINING OPPORTUNITIES AT THE WATERSIDE
SHOPS -RITZ CARLTON - PELICAN BAY AMENITIES ARE WORLD CLASS- 3 MILES OF BEACH -2 PRIVATE BEACH PAVILIONS OFFER DINING - SUN - SURF AND FISHING - PELICAN BAY ALSO
FEATURES TENNIS AND GOLF - PROFESSIONALLY EQUIPPED FITNESS CENTER- UNITS IN RENAISSANCE SELDOM COME TO MARKET.

Last Agent to Sell the Property

Mark Simoff

Downing Frye Realty Inc. Listed on: 02/05/2016

Downing Frye Realty Inc.

Last Buyer's Agent

Mark Simoff

Downing Frye Realty Inc. Listed on: 02/05/2016

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,823

Year Built

  • 1985

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,507 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

Community Details

Overview

  • $6,000 Secondary HOA Transfer Fee
  • Low-Rise Condominium
  • Renaissance Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,823

Year Built

1985

Lot Details

0

Listing Details

  • Legal Description: RENAISSANCE A CONDOMINIUM UNIT B-1
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Additional Rooms: Laundry in Residence
  • Bedroom Description: Master BR Ground
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Tile
  • Interior Amenities: Cable Prewire, Fireplace, French Doors, Laundry Tub, Walk-In Closet
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 392.03
  • Total Floors: 3

Exterior Features

  • Roof: Tile
  • Exterior Features: Fruit Trees, Patio, Storage
  • Construction: Concrete Block
  • Exterior Features: Fruit Trees, Patio, Storage
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Windows: Arched

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned, Under Bldg Closed

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Assessment Paid
  • Water: Central

Condo/Co-op/Association

  • Amenities: Community Pool, Private Beach Pavilion, Streetlight, Tennis Court, Underground Utility
  • Community Type: Golf Equity, Golf Non Equity, Tennis
  • Maintenance: Lawn/Land Maintenance, Reserve
  • Management Company Phone: 000-000-0000
  • Approval: Application Fee, Buyer
  • Management: Condo
  • Restrictions: Architectural, Deeded, No RV
  • Sub Condo Name: RENAISSANCE

Association/Amenities

  • Units in Building: 8
  • Total Number of Units: 8
  • Pets: With Approval
  • Development: Pelican Bay

Fee Information

  • Condo Fees: 3336
  • Condo Fee Frequency: Quarterly
  • Master HOA Fee: 2080
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 6000.00
  • Application Fee: 100.00

Schools

  • Elementary School: Sea Gate Elementary
  • Middle School: Pine Ridge Middle School
  • High School: Barron Collier High School
  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Rear Exposure: Northeast
  • View: Golf Course, Lake
  • Lot Unit: 1
  • Section: 9
  • Total Area: 2507

Rental Info

  • Leases Per Year: 2
  • Min Days Of Lease: 60

Tax Info

  • Tax Description: County Only, No Homestead
  • Tax District Type: Municipal Service Tax Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 11, 2016
Sold by
Tabor Roy T and Tabor Jennifer L
Bought by
Agreement Cornelius and Agreement Karen Sue De Koker
Seller's Agent
Mark Simoff
Downing Frye Realty Inc.
Buyer's Agent
Mark Simoff
Downing Frye Realty Inc.
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%
Current Estimated Value
$1,528,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,740
Avg. Annual Appreciation
6.05%
Original Mortgage
$350,000
Outstanding Balance
$216,172
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$1,312,568

Purchase Details

Closed on
Dec 10, 2004
Sold by
Miles Mary A
Bought by
Tabor Roy T and Tabor Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1998
Sold by
Holmes Thomas A and Holmes Joan M
Bought by
Miles Richard J and Miles Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.03%
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
Agreement Cornelius $875,000 Ross Title & Escrow Inc
Tabor Roy T $850,000 Lsl Title
Miles Richard J $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Agreement Cornelius $350,000
Previous Owner Tabor Roy T $650,000
Previous Owner Miles Richard J $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2016 04/11/16 Sold $875,000 -2.2% $349 / Sq Ft
02/09/2016 02/09/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $895,000 -- $357 / 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 $11,823 $1,160,200 -- $1,160,200
2024 $11,130 $1,160,200 -- $1,160,200
2023 $11,130 $980,778 $0 $0
2022 $10,946 $891,616 $0 $0
2021 $9,719 $810,560 $0 $810,560
2020 $9,238 $778,240 $0 $778,240
2019 $9,122 $761,735 $0 $761,735
2018 $9,362 $761,735 $0 $761,735
2017 $8,846 $741,735 $0 $741,735
2016 $8,395 $703,483 $0 $0
2015 $7,677 $639,530 $0 $0
2014 -- $633,341 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216009765

Naples Area Board of REALTORS®

APN: 69250160003