NOT LISTED FOR SALE

5940 Sand Wedge Ln Unit 1403 Naples, FL 34110

The Strand Neighborhood

Estimated Value: $432,000 - $497,000

2 Beds
2 Baths
1,888 Sq Ft
2001 Built

Last Sold May 26, 2017

Last sale price $225,000 $119 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,768/month

8 Days on Market

About This Home

As of May 2017

Quality construction, fabulous views and a perfect North Naples address. This turnkey furnished first-floor, two-bedroom-plus-den, two-bath condominium features 1,490 square feet of living area. New owners will enjoy a spacious kitchen with breakfast bar, recessed and above cabinetry lighting, private master suite and dining area. This home is ready for immediate occupancy or ready to rent. The Strand is a North Naples golf community offering dining, tennis, fitness center, bocce ball and spa. Located just minutes to Naples' best white sand beaches, this one is a must see.

Last Agent to Sell the Property

Fahada Saad

Compass Florida LLC License #NAPLES-594005882 Listed on: 04/11/2017

Compass Florida LLC

Co-Listed By

Yasmin Saad, PA

Compass Florida LLC

Last Buyer's Agent

Robert Vesci

John R Wood Properties License #NAPLES-249510826

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,404

Year Built

  • 2001

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

Community Details

Overview

  • $1,000 Secondary HOA Transfer Fee
  • Low-Rise Condominium
  • Wedgewood II Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,404

Year Built

2001

Lot Details

0

Listing Details

  • Legal Description: WEDGE WOOD II AT PELICAN STRAND A CONDOMINIUM UNIT 1403
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2001

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Split Bedrooms
  • Bedrooms and Dens: 2+Den
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, High Speed Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Room Count: 5
  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 151.01
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Windows: Single Hung

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Private Membership, Sidewalk, Streetlight, Tennis Court
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Trash Removal, Water
  • Management Company Phone: 239-514-1199
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: WEDGEWOOD II

Association/Amenities

  • Units in Building: 8
  • Total Number of Units: 141
  • Pets: With Approval
  • Development: The Strand

Fee Information

  • Condo Fees: 1230
  • Condo Fee Frequency: Quarterly
  • Mandatory Club Fee: 2097
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 2240
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 1000.00
  • Application Fee: 100.00

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: Northeast
  • View: Golf Course, Lake
  • Waterfront: Lake
  • Lot Unit: 1403
  • Section: 18
  • Total Area: 1888

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

Listed on
Apr 11, 2017
Closed on
May 26, 2017
Sold by
Mormile Rivcahard A and Mormile Jkathleen P
Bought by
Banta Donna L
Seller's Agent
Fahada Saad
Compass Florida LLC
Buyer's Agent
Robert Vesci
John R Wood Properties
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Current Estimated Value
$459,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,354
Avg. Annual Appreciation
8.98%
Original Mortgage
$168,750
Outstanding Balance
$140,172
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$319,182

Purchase Details

Closed on
Jun 15, 2005
Sold by
Osoro Gregory A and Osoro Lydia E
Bought by
Mormile Richard A and Mormile Kathleen P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2001
Sold by
Parker Strand Iii Inc
Bought by
Osoro Gregory A and Osoro Lydia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,150
Interest Rate
7.11%
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
Banta Donna L $225,000 Noble Title & Trust Llc
Mormile Richard A $338,000 First American Title Co
Osoro Gregory A $139,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banta Donna L $168,750
Previous Owner Mormile Richard A $270,400
Previous Owner Osoro Gregory A $125,000
Previous Owner Osoro Gregory A $124,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2017 05/26/17 Sold $225,000 -1.7% $119 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $229,000 -- $121 / 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 $3,404 $298,238 -- --
2024 $3,260 $271,125 -- --
2023 $3,260 $246,477 $0 $0
2022 $2,855 $224,070 $0 $0
2021 $2,450 $203,700 $0 $203,700
2020 $2,444 $205,620 $0 $205,620
2019 $2,457 $205,620 $0 $205,620
2018 $2,449 $205,620 $0 $205,620
2017 $2,461 $205,620 $0 $205,620
2016 $2,298 $188,485 $0 $0
2015 $2,094 $171,350 $0 $0
2014 -- $156,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2017

    Fahada Saad

    Compass Florida LLC

    (239) 595-8500

    5 Total Sales

    Fahada Saad
    Section Image
  • Yasmin Saad, PA

    Seller Co-Listing Agent in 2017

    Yasmin Saad, PA

    Compass Florida LLC

    (239) 977-5282

    1 in this area

    178 Total Sales

    Yasmin Saad, PA
    Section Image
  • Robert Vesci

    Buyer's Agent in 2017

    Robert Vesci

    John R. Wood Properties

    (239) 450-7575

    2 in this area

    49 Total Sales

    Robert Vesci
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 217025134

Naples Area Board of REALTORS®

APN: 81219002041

Florida Collier County Naples 34110 The Strand

5940 Sand Wedge Ln Unit 1403, Naples, FL

This home is located at 5940 Sand Wedge Ln Unit 1403, Naples, FL 34110 since 11 April 2017 and is currently estimated at $459,354, approximately $243 per square foot. This property was built in 2001. 5940 Sand Wedge Ln Unit 1403 is a home located in Collier County with nearby schools including Veterans Memorial Elementary School, North Naples Middle School, and Oak Creek Charter School of Bonita Springs.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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