NOT LISTED FOR SALE

Estimated Value: $848,172

3 Beds
2 Baths
1,719 Sq Ft
$493/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $843,000 $490 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,497/month

8 Days on Market

Highlights

  • Lake Front
  • Heated Spa
  • Breakfast Room
  • 24-Hour Guard
  • Screened Porch
  • Electric Shutters

About This Home

As of May 2024

Welcome to the MASTERS RESERVE, an intimate, pristine community in the one & only LELY RESORT, a phenomenal location near downtown Naples & 5th Ave with one of the lowest HOA's in the area. This designer, TURNKEY, 3 bed 2 bath pool/spa lake front home is awaiting your enjoyment & relaxation of the luxurious Florida lifestyle. Gorgeously updated kitchen with exquisite furnishings & fixtures, 2023 AC, 2019 roof with a brand new 2024 pool heater. This spacious lake front patio is perfect for your morning coffee while watching wildlife or entertaining guests for a breath-taking sunset with your favorite beverage. Lely Club membership not included. Roof certification included in supplements. Vacant & ready to show. Enjoy!

Last Agent to Sell the Property

Kathy Koller

John R Wood Properties License #NAPLES-278523772 Listed on: 04/03/2024

John R Wood Properties

Last Buyer's Agent

Jay Reis

Premiere Plus Realty Company License #NAPLES-720500420

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,647

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 55
  • Lake Front
  • Southeast Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

Parking

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

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • 5 Ceiling Fans
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Patio
  • Outdoor Gas Grill

Schools

  • Lely Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 59937000548

Community Details

Overview

  • $500 Secondary HOA Transfer Fee
  • Lely Resort Community

Additional Features

  • Restaurant
  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,647

Year Built

Built in 2003

Lot Details

0

HOA Fees

$216 per month

Parking

2

Listing Details

  • Legal Description: MASTERS RESERVE LOT 8
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Electric Shutters, Shutters - Manual
  • Year Built: 2003
  • Property Information: Welcome to the MASTERS RESERVE, an intimate, pristine community in the one & only LELY RESORT, a phenomenal location near downtown Naples & 5th Ave with one of the lowest HOA's in the area. This designer, TURNKEY, 3 bed 2 bath pool/spa lake front home is awaiting your enjoyment & relaxation of the luxurious Florida lifestyle. Gorgeously updated kitchen with exquisite furnishings & fixtures, 2023 AC, 2019 roof with a brand new 2024 pool heater. This spacious lake front patio is perfect for your morning coffee while watching wildlife or entertaining guests for a breath-taking sunset with your favorite beverage. Lely Club membership not included. Roof certification included in supplements. Vacant & ready to show. Enjoy!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 5
  • Price Per Sq Ft: 490.40
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1719
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Breakfast Room, Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Lake
  • Exterior Features: Grill, Patio, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Heated Electric
  • Private Spa Type: Heated Electric
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Driveway Paved

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239 774 7088
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: MASTERS RESERVE
  • HOA Fees: 625
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Lawn/Land Maintenance, Legal/Accounting, Manager, Reserve, Street Lights, Street Maintenance
  • Master Hoa Fee: 100
  • Master HOA Fee Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Resort
  • Amenities: Restaurant, Sidewalk, Streetlight
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 144

Fee Information

  • Transfer Fees: 500.00
  • Application Fee: 100.00

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Lely Elementary School
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 55
  • Lot Frontage: 55
  • Lot Left: 136
  • Lot Right: 130
  • Lot Unit: 8
  • Section: 28
  • Total Area: 2145
  • Waterfront: Yes
  • Acres: 0.1500
  • Rear Exposure: Southeast
  • Lot Description: Regular
  • Lot Dimensions: 55 X 136 X 55 X 130
  • Parcel Number: 59937000548

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 7646.53
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 23, 2024
Sold by
Gleeson William John
Bought by
Budreau Timothy J and Budreau Mary E
Seller's Agent
Kathy Koller
INACTIVE AGENT ACCT
Buyer's Agent
Jay Reis
Premiere Plus Realty Company
List Price
$878,000
Sold Price
$843,000
Premium/Discount to List
-$35,000
-3.99%
Views
32
Current Estimated Value
$848,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,172
Avg. Annual Appreciation
-2.29%
Original Mortgage
$350,000
Outstanding Balance
$345,962
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$473,546

Purchase Details

Listed on
Jun 15, 2021
Closed on
Aug 13, 2021
Sold by
Hernandez Fidel Miranda and Castro Veronica Bazurto
Bought by
Gleeson William John
Seller's Agent
Suzanne Tjaden
Premiere Plus Realty Company
Buyer's Agent
Kathy Koller
INACTIVE AGENT ACCT
List Price
$685,000
Sold Price
$672,000
Premium/Discount to List
-$13,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%
Original Mortgage
$525,630
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 30, 2018
Closed on
Jul 9, 2019
Sold by
Vos Arthur J and Vos Joanne K
Bought by
Bazurto Hernandez Fidel Miranda and Bazurto Castro Veronica
Seller's Agent
Zachary Dreier
Premier Sotheby's Int'l Realty
Buyer's Agent
Nancy Harris-Gannon
INACTIVE AGENT ACCT
List Price
$525,000
Sold Price
$432,000
Premium/Discount to List
-$93,000
-17.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.42%

Purchase Details

Closed on
Nov 5, 2008
Sold by
Vos Arthur J and Vos Joanne K
Bought by
Vos Arthur J and Vos Joanne K

Purchase Details

Closed on
Apr 11, 2003
Sold by
Stock Dev L L C
Bought by
Vos Arthur J and Vos Joanne K
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
Budreau Timothy J $843,000 None Listed On Document
Gleeson William John $672,000 Omega National Ttl Agcy Llc
Bazurto Hernandez Fidel Miranda $432,000 Attorney
Vos Arthur J -- None Available
Vos Arthur J $327,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budreau Timothy J $350,000
Previous Owner Gleeson William John $525,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $843,000 -2.5% $490 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/05/2024 04/05/24 Price Changed $865,000 -1.5% $503 / Sq Ft
04/03/2024 04/03/24 For Sale $878,000 0.0% $511 / Sq Ft
02/01/2024 02/01/24 Rented -- -- --
01/18/2024 01/18/24 Price Changed $12,500 +99900.0% $7 / Sq Ft
01/04/2024 01/04/24 Price Changed $13 -99.8% $0 / Sq Ft
12/21/2023 12/21/23 Price Changed $6,000 -20.0% $3 / Sq Ft
12/12/2023 12/12/23 Price Changed $7,500 +114.3% $4 / Sq Ft
11/28/2023 11/28/23 Price Changed $3,500 -63.2% $2 / Sq Ft
11/13/2023 11/13/23 Price Changed $9,500 -24.0% $6 / Sq Ft
11/02/2023 11/02/23 For Rent $12,500 0.0% --
08/13/2021 08/13/21 Sold $672,000 -1.9% $391 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $685,000 +58.6% $398 / Sq Ft
07/09/2019 07/09/19 Sold $432,000 -5.9% $251 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
04/17/2019 04/17/19 Price Changed $459,000 -4.2% $267 / Sq Ft
02/13/2019 02/13/19 Price Changed $479,000 -4.2% $279 / Sq Ft
01/12/2019 01/12/19 Price Changed $499,999 -4.8% $291 / Sq Ft
12/30/2018 12/30/18 For Sale $525,000 -- $305 / 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 $7,647 $617,854 $0 $0
2022 $7,268 $561,685 $206,736 $354,949
2021 $5,292 $372,097 $91,279 $280,818
2020 $4,777 $371,281 $100,539 $270,742
2019 $4,515 $346,151 $0 $0
2018 $4,431 $339,697 $0 $0
2017 $4,313 $332,710 $0 $0
2016 $4,137 $325,867 $0 $0
2015 $4,161 $323,602 $0 $0
2014 $4,168 $271,034 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224030375

Naples Area Board of REALTORS®

APN: 59937000548