NOT LISTED FOR SALE

Estimated Value: $757,000 - $940,000

2 Beds
2 Baths
1,557 Sq Ft
$569/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $550,000 $353 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,553/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Community Pool or Spa Combo
  • Walk-In Pantry
  • Veterans Memorial Elementary School Rated A
  • Screened Porch
  • Jalousie or louvered window

About This Home

As of September 2023

Owner will consider 6.5% 1st trust with 25% down. Conveniently located near shopping, restaurants, beaches, and all southwest Florida has to offer. Home is in fantastic condition with a 2022 roof, oversized gutters, new appliances, and newly painted. This lovely home backs up to a common area with a walking trail and community pool. Open floor plan and privacy of split bedrooms creates a comfortable living environment. Relax on your screened in lanai overlooking your large back yard. Backing up to open space is a luxury afforded by few in the Naples market. The community pool relieves you of the hassles of maintaining your own. Cabinets in the garage provide extra storage. Owner's suite has a walk-in closet and a private bathroom. New water line being upgraded for the entire street. Driveway will be repaired upon completion. Irrigation system uses well water, saving you $ on your water bill.

Last Listed By

Bill Wellborn

REMAX Affinity Mercato License #NAPLES-846504741 Listed on: 06/09/2023

REMAX Affinity Mercato

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,289

Year Built

  • Built in 1973

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions: 85
  • South Facing Home
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Traditional Architecture
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,557 Sq Ft Home
  • 1-Story Property
  • 4 Ceiling Fans
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Garage
  • Washer
  • Laundry Tub

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 65422080009
  • Tax Block I

Community Details

Overview

  • Palm River Community

Recreation

  • Community Pool or Spa Combo

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,289

Year Built

Built in 1973

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Legal Description: PALM RIVER EST UNIT 5 BLK I LOT 8
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.286358$-81.772319$232.44$13.33$1.00$qvpd_FgZm9GQgBan4Kt0Hg
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch, Traditional
  • Storm Protection: Shutters - Manual
  • Year Built: 1973
  • Property Information: Owner will consider 6.5% 1st trust with 25% down. Conveniently located near shopping, restaurants, beaches, and all southwest Florida has to offer. Home is in fantastic condition with a 2022 roof, oversized gutters, new appliances, and newly painted. This lovely home backs up to a common area with a walking trail and community pool. Open floor plan and privacy of split bedrooms creates a comfortable living environment. Relax on your screened in lanai overlooking your large back yard. Backing up to open space is a luxury afforded by few in the Naples market. The community pool relieves you of the hassles of maintaining your own. Cabinets in the garage provide extra storage. Owner's suite has a walk-in closet and a private bathroom. New water line being upgraded for the entire street. Driveway will be repaired upon completion. Irrigation system uses well water, saving you $ on your water bill.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Price Per Sq Ft: 353.24
  • Total Floors: 1
  • Room Count: 7
  • Additional Rooms: Laundry in Garage, Screened Lanai/Porch
  • Estimated Living Area: 1557
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Internet Available, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet
  • Kitchen: Pantry, Walk-In Pantry
  • Primary Bathroom: Shower Only
  • Windows: Jalousie

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Well
  • Road: Private Road
  • View: Landscaped Area
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-451-9978
  • Approval: Buyer
  • Management: Residents
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: GREENWOOD
  • Maintenance: Lawn/Land Maintenance, Street Maintenance
  • Master Hoa Fee: 750
  • Master HOA Fee Frequency: Quarterly
  • Development Name: PALM RIVER

Association/Amenities

  • Pets: With Approval
  • Development: Palm River
  • Amenities: Community Pool, Community Room, Community Spa/Hot tub, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 40

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

  • Builder Product: No
  • Lot Back: 85
  • Lot Frontage: 85
  • Lot Left: 125
  • Lot Right: 125
  • Lot Unit: 8
  • Section: 23
  • Total Area: 2002
  • Waterfront: No
  • Acres: 0.2400
  • Rear Exposure: South
  • Lot Description: Regular
  • Lot Dimensions: 85 X 125
  • Parcel Number: 65422080009

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 365

Tax Info

  • Tax Description: County Only
  • Taxes: 3289.06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 1, 2023
Sold by
Lawrence C Gayer Ill Revocable Trust
Bought by
Keyes Lan
Seller's Agent
Bill Wellborn
REMAX Affinity Mercato
Buyer's Agent
Christopher Ardezzone
Marzucco Real Estate
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Total Days on Market
74
Views
68
Current Estimated Value
$886,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,006
Avg. Annual Appreciation
31.52%
Original Mortgage
$412,500
Outstanding Balance
$330,047
Interest Rate
6.81%
Mortgage Type
Balloon
Estimated Equity
$555,959

Purchase Details

Closed on
Dec 8, 2016
Sold by
Myers Anita L
Bought by
Gayer Lawrence C and The Lawrence C Gayer Iii Revocable Trust

Purchase Details

Closed on
Oct 8, 1996
Sold by
Ronan John A and Ronan Dorothy P
Bought by
Myers Anita L

Range of Values:

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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
Keyes Lan $550,000 Focus Title Group
Gayer Lawrence C $155,000 Attorney
Myers Anita L $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keyes Lan $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $550,000 -4.3% $353 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $575,000 -3.4% $369 / Sq Ft
07/06/2023 07/06/23 Price Changed $595,000 -0.8% $382 / Sq Ft
06/09/2023 06/09/23 For Sale $600,000 -- $385 / 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
2023 $4,131 $318,007 $0 $0
2022 $3,289 $289,097 $175,634 $113,463
2021 $3,280 $276,322 $167,981 $108,341
2020 $3,113 $264,074 $158,891 $105,183
2019 $2,979 $250,208 $151,776 $98,432
2018 $2,975 $250,482 $131,223 $119,259
2017 $3,031 $253,833 $139,128 $114,705
2016 $1,096 $119,583 $0 $0
2015 $1,103 $118,752 $0 $0
2014 $1,098 $67,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223042864

Naples Area Board of REALTORS®

APN: 65422080009