NOT LISTED FOR SALE

Estimated Value: $2,510,080 - $3,821,000

4 Beds
4.5 Baths
2,856 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $2,350,000 $823 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $18,081/month

210 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • End Unit
  • Lake Park Elementary School Rated A
  • Main Floor Primary Bedroom
  • Furnished

About This Home

As of September 2019

Rarely available, corner villa that lives like a single family and just one-and-a-half-blocks to the beach, 5th Avenue and all that Olde Naples has to offer. Complete renovation including all new mechanicals, impact windows/doors and redesigned open-concept floor plan. A private entry opens onto a grand staircase, soaring ceilings and a generously-sized living room with walls of sliding glass that spill onto a two-story wrap around screened lanai. Gourmet kitchen with a 14-foot island, detailed with Azul Cielo Quartzite, 2 sinks and beverage center. Crisp white custom cabinets complete the look with a top-of-the-line appliance package including Wolf induction cooktop with convection oven, warming drawer and a Sub-Zero French door refrigerator. Spacious first-floor guest suite includes walk-in shower featuring Chroma Bianco tile, dual sinks, and private patio. Spectacular master with grand double-door entry, oversized shower with multiple heads and generously-sized custom closets. A rare third-floor observatory with wet bar and private wrap around terrace is the perfect spot for entertaining and watching the ever-popular holiday fireworks or one of Naples' most spectacular sunsets.

Last Agent to Sell the Property

Heather Hobrock

Premier Sotheby's Int'l Realty Listed on: 12/27/2018

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Kati Bepko

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,024

Year Built

  • Built in 1987

Lot Details

  • End Unit
  • South Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

  • $919 Monthly HOA Fees

Home Design

  • Villa
  • Metal Roof

Interior Spaces

  • 2,856 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Bar
  • Coffered Ceiling
  • Vaulted Ceiling
  • Corner Fireplace
  • Single Hung Windows
  • Sliding Windows
  • French Doors
  • Great Room
  • Family Room
  • Breakfast Room
  • Den
  • Screened Porch
  • Storage
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 2 Parking Garage Spaces
  • 1 Detached Carport Space
  • Paved Parking
  • Guest Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15450640005

Community Details

Overview

  • 2 Units
  • Palm Court Condos

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,024

Year Built

Built in 1987

Lot Details

0

HOA Fees

$919 per month

Listing Details

  • Legal Description: PALM COURT A CONDOMINIUM UNIT 16
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.139471$-81.80401$114.59$13.33$1.00$beyFtkeW6508yhJO2FdEbg
  • Building Design: Villa Attached
  • Building Description: Corner, End-Unit
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Furnished Description: Furnished
  • Price Per Sq Ft: 822.83
  • Total Floors: 3
  • Additional Rooms: Balcony, Family Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2856
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Breakfast Room, Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Warming Tray, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Bar, Cable Prewire, Closet Cabinets, Coffered Ceiling, Custom Mirrors, French Doors, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: See Remarks
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Patio, Sprinkler Auto, Storage

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 2 Assigned, 2+ Spaces, Covered, Guest, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric, Zoned
  • Heat: Central Electric, Zoned
  • Security: Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: No Commercial, No Motorcycles, No RV
  • Sub Condo Name: PALM COURT
  • Condo Fees: 2757
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Repairs, Reserve, Sewer, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 40
  • Development: Olde Naples
  • Amenities: Community Pool
  • Community Type: Non-Gated
  • Units In Building: 2
  • Total Number of Units: 17

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 4197
  • Waterfront: No
  • Rear Exposure: South
  • Parcel Number: 15450640005

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County
  • Taxes: 9024.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2018
Closed on
Sep 20, 2019
Sold by
625 2Nd Street South Llc
Bought by
Lagnese Joyce
Seller's Agent
Heather Hobrock
Premier Sotheby's Int'l Realty
Buyer's Agent
Kati Bepko
Coldwell Banker Realty
List Price
$2,595,000
Sold Price
$2,350,000
Premium/Discount to List
-$245,000
-9.44%
Current Estimated Value
$3,137,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$787,020
Avg. Annual Appreciation
4.67%
Original Mortgage
$1,250,000
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 25, 2017
Sold by
Pelle Anthony A and Pelle Christine G
Bought by
625 2Nd Street South Llc

Purchase Details

Closed on
Dec 23, 2016
Sold by
Duane Franklin J and Duane Regina S
Bought by
Pelle Anthony A and Pelle Christine G

Purchase Details

Closed on
Mar 15, 2000
Sold by
Conley Bruce D and Conley Karla
Bought by
Duane Franklin J and Duane Regina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,200
Interest Rate
8.29%

Purchase Details

Closed on
May 6, 1997
Sold by
Mcdonald Thomas L and Mcdonald Stephanie W
Bought by
Conley Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,400
Interest Rate
7.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lagnese Joyce $2,350,000 Security Title & Escrow Inc
625 2Nd Street South Llc -- Attorney
Pelle Anthony A $950,000 None Available
Duane Franklin J $545,000 --
Conley Bruce D $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lagnese Joyce $1,250,000
Previous Owner Duane Franklin J $196,200
Previous Owner Conley Bruce D $246,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $2,350,000 0.0% $823 / Sq Ft
07/30/2019 07/30/19 Off Market $2,350,000 -- --
07/25/2019 07/25/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $2,395,000 -2.0% $839 / Sq Ft
03/21/2019 03/21/19 Price Changed $2,445,000 -2.0% $856 / Sq Ft
02/17/2019 02/17/19 Price Changed $2,495,000 -3.9% $874 / Sq Ft
12/27/2018 12/27/18 For Sale $2,595,000 -- $909 / 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 $11,047 $1,286,332 -- --
2024 $10,876 $1,250,080 -- --
2023 $10,876 $1,213,670 $0 $0
2022 $11,176 $1,178,320 $0 $0
2021 $11,348 $1,144,000 $0 $1,144,000
2020 $11,613 $1,144,000 $0 $1,144,000
2019 $9,418 $917,600 $0 $917,600
2018 $9,400 $917,600 $0 $917,600
2017 $9,921 $962,880 $0 $962,880
2016 $9,941 $960,880 $0 $0
2015 $4,884 $496,306 $0 $0
2014 $4,901 $442,367 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218084716

Naples Area Board of REALTORS®

APN: 15450640005