NOT LISTED FOR SALE

Estimated Value: $785,031 - $851,000

3 Beds
2 Baths
1,719 Sq Ft
$473/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $680,000 $396 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,128/month

9 Days on Market

Highlights

  • Lake Front
  • Heated Pool
  • Floor-to-Ceiling Windows
  • Golf Course Community
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling

About This Home

As of July 2021

Come explore this wonderful lakefront pool home with a spa at Masters Reserve in the award-winning Lely Resort. This three-bedroom home has stainless steel appliances, a newer HVAC, pool heater, carpets in the bedrooms and is ready for new owners. You will love this home's open floor plan and sunny lake view set in the middle of the resort. New owners have the option to join The Players Club and Spa and The Classics Country Club or just enjoy golfing on two public courses. No time like the present to start living the Lely lifestyle today.

Last Agent to Sell the Property

Sean Meehan

Premier Sotheby's Int'l Realty Listed on: 06/01/2021

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Justine Hine

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,346

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 112
  • Lake Front
  • East Facing Home
  • Gated Home
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,719 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Shutters
  • Single Hung Windows
  • Floor-to-Ceiling Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Heated Spa

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 59937001343

Community Details

Overview

  • Mandatory home owners association

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,346

Year Built

Built in 2003

Lot Details

0

HOA Fees

$206 per month

Parking

2

Listing Details

  • Legal Description: MASTERS RESERVE LOT 122
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters - Manual
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 395.58
  • Total Floors: 1
  • Additional Rooms: Laundry in Garage, Screened Lanai/Porch
  • Estimated Living Area: 1719
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Room
  • Equipment: Dishwasher, Dryer, Refrigerator/Freezer, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Pantry, Smoke Detectors, Volume Ceiling
  • Kitchen: Pantry
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Paved Road
  • View: Lake
  • Exterior Features: 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: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MASTERS RESERVE
  • HOA Fees: 600
  • HOA Fee Frequency: Quarterly
  • Maintenance: Lawn/Land Maintenance, Street Lights
  • Master Hoa Fee: 76.46
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Golf Course, Sidewalk, Underground Utility
  • Community Type: Golf Course
  • Units In Building: 1
  • Total Number of Units: 135

Fee Information

  • Application Fee: 100.00

Schools

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

Lot Info

  • Builder Product: No
  • Section: 28
  • Total Area: 2605
  • Waterfront: Yes
  • Acres: 0.1700
  • Rear Exposure: East
  • Lot Description: Regular
  • Lot Dimensions: 112 X 110 X 50 X 110
  • Parcel Number: 59937001343

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 5346.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jul 29, 2021
Sold by
Derigo Properties South Llc
Bought by
Doremus William Paul and Crenzio Doremus Dawn
Seller's Agent
Sean Meehan
Premier Sotheby's Int'l Realty
Buyer's Agent
Justine Hine
John R Wood Properties
List Price
$679,000
Sold Price
$680,000
Premium/Discount to List
$1,000
0.15%
Current Estimated Value
$813,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,758
Avg. Annual Appreciation
4.18%
Original Mortgage
$250,000
Outstanding Balance
$192,420
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$621,338

Purchase Details

Closed on
Mar 16, 2005
Sold by
Raddin Franklin P and Raddin Karen Lee
Bought by
Derigo Properties South Llc

Purchase Details

Closed on
May 20, 2003
Sold by
Stock Dev L L C
Bought by
Raddin Franklin P and Raddin Karen Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Buyer Sale Price Title Company
Doremus William Paul $680,000 Accommodation
Derigo Properties South Llc $599,000 Noble Title & Trust
Raddin Franklin P $356,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doremus William Paul $250,000
Previous Owner Raddin Franklin P $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $680,000 +0.1% $396 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $679,000 -- $395 / 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 $7,690 $716,025 -- --
2024 $8,277 $650,932 $336,632 $314,300
2023 $8,277 $670,492 $0 $0
2022 $7,792 $609,538 $258,420 $351,118
2021 $5,406 $382,097 $104,044 $278,053
2020 $5,346 $382,673 $114,599 $268,074
2019 $5,400 $385,045 $126,662 $258,383
2018 $5,063 $356,443 $109,171 $247,272
2017 $5,298 $379,850 $128,170 $251,680
2016 $5,526 $406,304 $0 $0
2015 $5,142 $369,367 $0 $0
2014 $5,227 $369,842 $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: 221038159

Naples Area Board of REALTORS®

APN: 59937001343