637 Palm Cir W Naples, FL 34102
Old Naples NeighborhoodEstimated Value: $6,879,000 - $7,813,000
3
Beds
3.5
Baths
2,836
Sq Ft
$2,571/Sq Ft
Est. Value
Highlights
- Screened Pool
- Sitting Area In Primary Bedroom
- Lake View
- Lake Park Elementary School Rated A
- Floor-to-Ceiling Windows
- 0.48 Acre Lot
About This Home
As of July 2022Just three blocks from the Gulf of Mexico, this cozy 1940s beach cottage in Old Naples has been remastered top to bottom with the finest attention to detail - sitting on almost half an acre with a spectacular lake view. The front porch welcomes visitors to sit and enjoy the beautiful garden and front yard. Inside, the entire home features wood-look tile floors, a custom island kitchen with quartz countertops, a complete primary bathroom renovation, impact glass windows & doors, a dog run, and a flex space for a home office or family room. The enormous new pool and outdoor living area have an unforgettable lake view along with a large fenced backyard. Two en-suite guest rooms also have new bathrooms and offer privacy and flexibility. New two-car garage with back street access, new roof, new laundry room, and an abundance of closets and storage throughout the home including a mudroom. Imagine being the next caretaker of this charming cottage, evoking the style and quality of life by the sea - just a short distance to the sugary white-sand beaches for which Naples is famous.
Last Agent to Sell the Property
Premier Sotheby's Int'l Realty License #NAPLES-249521319 Listed on: 03/31/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,013
Year Built
- Built in 1948
Lot Details
- 0.48 Acre Lot
- Lot Dimensions: 106
- West Facing Home
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Circular Driveway
Home Design
- Flat Roof Shape
- Concrete Block With Brick
- Shingle Roof
- Stucco
Interior Spaces
- 2,836 Sq Ft Home
- 1-Story Property
- Single Hung Windows
- Floor-to-Ceiling Windows
- French Doors
- Combination Dining and Living Room
- Den
- Screened Porch
- Tile Flooring
- Lake Views
Kitchen
- Built-In Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Sitting Area In Primary Bedroom
- Split Bedroom Floorplan
- Built-In Bedroom Cabinets
- Walk-In Closet
- Dual Sinks
- Shower Only
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Monitored
- High Impact Windows
- High Impact Door
- Fire and Smoke Detector
Pool
- Screened Pool
- Concrete Pool
- Heated In Ground Pool
- Pool Equipment Stays
Outdoor Features
- Deck
Schools
- Lake Park Elementary School
- Gulfview Middle School
- Naples High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 17860960001
- Tax Block D
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2022
Closed on
Jul 7, 2022
Sold by
Jean E Sheridan Living Trust
Bought by
Amended And Restated Declartion Of Trust
Seller's Agent
Melinda Gunther
Premier Sotheby's Int'l Realty
Buyer's Agent
Victoria Harrison
Downing Frye Realty Inc.
List Price
$6,500,000
Sold Price
$7,000,000
Premium/Discount to List
$500,000
7.69%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,708
Avg. Annual Appreciation
-0.92%
Original Mortgage
$4,500,000
Outstanding Balance
$4,255,051
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$2,555,382
Purchase Details
Listed on
Jan 29, 2018
Closed on
May 31, 2018
Sold by
Richey Thomas L and Richey Angela D
Bought by
Sheridan Jean E
Seller's Agent
John Paul Prebish
William Raveis Real Estate
Buyer's Agent
Lori Fowler
Coldwell Banker Realty
List Price
$2,849,000
Sold Price
$2,650,000
Premium/Discount to List
-$199,000
-6.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.73%
Original Mortgage
$766,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 14, 1994
Sold by
Pappageorge Christopher Bell and Charles Pappageorge S
Bought by
Richey Thomas L and Richey Angela D Robinson
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.56%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Amended And Restated Declartion Of Trust | $7,000,000 | Woods Weidenmiller Michetti & | |
| Sheridan Jean E | $2,650,000 | Attorney | |
| Richey Thomas L | $260,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Amended And Restated Declartion Of Trust | $4,500,000 | |
| Previous Owner | Sheridan Jean E | $766,000 | |
| Previous Owner | Richey Thomas L | $80,000 | |
| Previous Owner | Richey Thomas L | $208,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/07/2022 07/07/22 | Sold | $7,000,000 | +7.7% | $2,468 / Sq Ft |
| 04/04/2022 04/04/22 | Pending | -- | -- | -- |
| 03/31/2022 03/31/22 | For Sale | $6,500,000 | +145.3% | $2,292 / Sq Ft |
| 05/31/2018 05/31/18 | Sold | $2,650,000 | -7.0% | $895 / Sq Ft |
| 03/30/2018 03/30/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $2,849,000 | -- | $962 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $39,975 | $4,319,877 | $3,657,280 | $662,597 |
| 2022 | $27,580 | $2,851,102 | $0 | $0 |
| 2021 | $28,013 | $2,768,060 | $0 | $0 |
| 2020 | $27,330 | $2,729,842 | $0 | $0 |
| 2019 | $29,839 | $2,907,333 | $2,854,051 | $53,282 |
| 2018 | $27,127 | $2,685,662 | $2,515,584 | $170,078 |
| 2017 | $26,780 | $2,636,667 | $0 | $0 |
| 2016 | $26,332 | $2,582,436 | $0 | $0 |
| 2015 | $16,320 | $1,041,775 | $0 | $0 |
| 2014 | $14,665 | $940,040 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melinda Gunther
Seller's Agent in 2022
Melinda Gunther
Premier Sotheby's Int'l Realty
(239) 297-2155
5 in this area
93 Total Sales
-
Victoria Harrison
Buyer's Agent in 2022
Victoria Harrison
Downing Frye Realty Inc.
(239) 784-1831
1 in this area
68 Total Sales
-
John Paul Prebish
Seller's Agent in 2018
John Paul Prebish
William Raveis Real Estate
(239) 449-0254
26 in this area
98 Total Sales
-
Lori Fowler
Buyer's Agent in 2018
Lori Fowler
Coldwell Banker Realty
(239) 877-3800
4 in this area
88 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 222021822
APN: 17860960001
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