$1,570,000
SOLD FEB 15, 2017
3 Beds
3 Baths
3,800 Sq Ft
2002 Built

Recently Sold

$413 Per Sq Ft

22% Below List Price

63 Days on Market

Highlights

  • Turnkey
  • Sea Gate Elementary School Rated A
  • High-Rise Condominium

About This Home

As of February 2017

Residence 401 is in the most desirable stack for maximum natural sunlight at the south end of Cap Ferrat. Enjoy a view of spectacular sunsets throughout the year. This former Gulf Bay model is offered turnkey with high-end, soft contemporary furnishings, lighting, accessories, polished marble flooring in main living areas and chisel edge stone flooring in kitchen, lanai and screened terrace. Other special features include gas cook-top, private elevator foyer, two parking spaces in the garage and two guest suites. Cap Ferrat is one of the newest luxury towers in Pelican Bay and has 9' ceilings, 24-hour security, on-site management, amazing amenities including spectacular pool, spa, fitness center, Har-Tru tennis courts and access to all of the fabulous beach resort amenities in Pelican Bay. ***Please see remarks.***

Last Agent to Sell the Property

Debbie Broulik

John R Wood Properties Listed on: 10/28/2016

John R Wood Properties

Last Buyer's Agent

Paul Arpin

Premier Sotheby's Int'l Realty License #NAPLES-249514484

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,728

Year Built

  • 2002

Parking

  • Deeded Parking

Home Design

  • 3,800 Sq Ft Home
  • Entry on the 4th floor
  • Turnkey

Listing and Financial Details

Community Details

Overview

  • $6,000 Secondary HOA Transfer Fee
  • High-Rise Condominium
  • Cap Ferrat Condos
  • 22-Story Property

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,728

Year Built

2002

Lot Details

0

Listing Details

  • Legal Description: CAP FERRAT A CONDOMINIUM UNIT 401
  • Building Design: High Rise (8+)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2002

Interior Features

  • Additional Rooms: Open Porch/Lanai, Screened Lanai/Porch
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms and Dens: 3+Den
  • Dining Room: Eat-in Kitchen, Formal
  • Elevator: Private
  • Equipment: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Marble, Tile
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors, Volume Ceiling, Walk-In Closet, Window Coverings, Foyer, Laundry Tub
  • Primary Bathroom: Bidet, Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Furnished Description: Turnkey
  • Num Unit Floor: 4
  • Price Per Sq Ft: 479.39
  • Total Floors: 22

Exterior Features

  • Roof: Built-Up or Flat
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Assessment Paid
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Single Hung, Sliding

Garage/Parking

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

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Security: Doorman, Secured Garage, Gated, Guard At Gate, Lobby
  • Sewer: Assessment Paid, Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: BBQ - Picnic, Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Billiards, Business Center, Community Park, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Exercise Room, Golf Course, Guest Room, Internet Access, Lakefront Beach, Library, Private Beach Pavilion, Private Membership, Restaurant, Shopping, Sidewalk, Streetlight, Tennis Court, Trash Chute, Underground Utility
  • Community Type: Gated, Tennis, Golf Course
  • Maintenance: Cable, Concierge Service, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Management Company Phone: 239-597-6033
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Architectural, Deeded, Limited Number Vehicles, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: CAP FERRAT

Association/Amenities

  • Units in Building: 111
  • Total Number of Units: 111
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Development: Pelican Bay

Fee Information

  • Condo Fees: 4705.82
  • Condo Fee Frequency: Quarterly
  • HOA Fees: 285
  • HOA Fee Frequency: Quarterly
  • Master HOA Fee: 2272
  • 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: West
  • View: Landscaped Area, Mangroves
  • Lot Unit: 401
  • Section: 4
  • Total Area: 3800

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Feb 15, 2017
Sold by
Yan Ellis and Yan Ann Fisher
Bought by
Sacks Sherilyn and Sherilyn Sacks Trust
Seller's Agent
Debbie Broulik
John R Wood Properties
Buyer's Agent
Paul Arpin
Premier Sotheby's Int'l Realty
List Price
$2,000,000
Sold Price
$1,570,000
Premium/Discount to List
-$430,000
-21.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Dec 18, 2006
Sold by
Mcdaniel Douglas A and Mcdaniel Mariette K
Bought by
Yan Ellis and Fisher Yan Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,134,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Gulf Bay Land Holdings Inc
Bought by
Mcdaniel Douglas A and Mcdaniel Mariette K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.6%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,500,000 First American Title
Warranty Deed $1,620,000 None Available
Warranty Deed $1,395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $640,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,134,000 Purchase Money Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2024 12/17/24 Price Changed $2,875,000 -12.7% $878 / Sq Ft
05/28/2024 05/28/24 Price Changed $3,295,000 -5.2% $1,006 / Sq Ft
03/25/2024 03/25/24 Price Changed $3,475,000 -8.4% $1,061 / Sq Ft
03/22/2024 03/22/24 Price Changed $3,795,000 -2.6% $1,159 / Sq Ft
09/06/2023 09/06/23 For Sale $3,895,000 +148.1% $1,189 / Sq Ft
02/15/2017 02/15/17 Sold $1,570,000 -13.3% $413 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
11/29/2016 11/29/16 Price Changed $1,810,000 -6.0% $476 / Sq Ft
11/22/2016 11/22/16 Price Changed $1,925,000 -3.8% $507 / Sq Ft
10/28/2016 10/28/16 For Sale $2,000,000 -- $526 / 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 $18,728 $2,540,000 -- $2,540,000
2024 $18,568 $1,875,332 -- --
2023 $18,568 $1,820,711 $0 $0
2022 $19,104 $1,767,681 $0 $0
2021 $19,257 $1,716,195 $0 $0
2020 $18,779 $1,692,500 $0 $1,692,500
2019 $19,456 $1,741,625 $0 $1,741,625
2018 $19,677 $1,741,625 $0 $1,741,625
2017 $19,631 $1,695,462 $0 $0
2016 $18,584 $1,541,329 $0 $0
2015 $16,479 $1,401,208 $0 $0
2014 -- $1,273,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 216066096

Naples Area Board of REALTORS®

APN: 25334000162