NOT LISTED FOR SALE

Estimated Value: $787,000 - $878,000

3 Beds
2 Baths
1,977 Sq Ft
$421/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $776,400 $393 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,584/month

5 Days on Market

Highlights

  • Concierge
  • Full Service Day or Wellness Spa
  • Fitness Center
  • Lake Front
  • Golf Course Community
  • Screened Pool

About This Home

As of January 2022

This furnished Valdosta, flowing, open floor-plan home located on a deep, oversized lot and situated on a private cul-de-sac in Masters Reserve is one you don't want to miss. The peaceful lake, golf, nature and sunset views give you a sense of tranquility and feel for the true Florida lifestyle. A new roof including new gutters, an oversized, custom heated saltwater pool and spa, oversized screened cage with ample deck space to entertain are some of the enhanced features of the exterior of the home. Interior features include new porcelain plank tile in the bedrooms, beautiful crown molding, walk-in closets and oversized windows. The sliders and windows line the entire rear of the property, creating breathtaking views from every angle of the entertaining areas. This spacious home offers so much; you need to come and see for yourself. Masters Reserve is one of Lely Resort's maturely landscaped, single-family subdivisions where the opportunity exists to enjoy the private Player's Club and Spa, offering various social and sporting activities and a large resort-style pool. Lely Resort is home to three championship 18-hole golf courses. Come enjoy the lifestyle you deserve.

Last Agent to Sell the Property

Zachary Dreier

Premier Sotheby's Int'l Realty Listed on: 11/29/2021

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Heather Larkin

Alfred Robbins Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

Parking

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

Property Views

  • Lake
  • Views of Preserve
  • Golf Course

Home Design

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

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • 4 Ceiling Fans
  • Shutters
  • Double Hung Windows
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated Pool and Spa
  • Concrete Pool
  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Screened Spa
  • Pool Equipment Stays

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 59937001204

Community Details

Overview

  • $7,500 Membership Fee
  • Private Membership Available
  • Mandatory home owners association

Amenities

  • Concierge
  • Full Service Day or Wellness Spa
  • Restaurant
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green
  • Dog Park

Security

  • 24-Hour Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,676

Year Built

Built in 2003

Lot Details

0

HOA Fees

$548 per month

Parking

2

Listing Details

  • Legal Description: MASTERS RESERVE LOT 41
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters, Shutters - Manual
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 1
  • Price Per Sq Ft: 392.72
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1977
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • View: Golf Course, Lake, Preserve, Water
  • Exterior Features: Deck, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Equipment Stays, Heated Electric, Screened
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Electric, Pool Integrated, Screened
  • 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: Monitored Alarm, Gated, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No RV
  • Sub Condo Name: MASTERS RESERVE
  • HOA Fees: 600
  • HOA Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Master Association Fee Incl, Street Lights, Street Maintenance
  • Master Hoa Fee: 77
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 4099
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Basketball, Billiards, Bocce Court, Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Dog Park, Exercise Room, Fitness Center Attended, Full Service Spa, Golf Course, Internet Access, Lap Pool, Library, Pickleball, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 1
  • Total Number of Units: 128

Fee Information

  • One Time Mandatory Club Fee: 7500

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: 2376
  • Waterfront: Yes
  • Acres: 0.2000
  • Rear Exposure: West
  • Lot Description: Cul-De-Sac, Irregular Shape, Oversize
  • Parcel Number: 59937001204

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: 5676.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2021
Closed on
Jan 19, 2022
Sold by
Denney William M and Denney Melissa Hazel
Bought by
Michael P Sorabella Revocable Trust
Seller's Agent
Zachary Dreier
Premier Sotheby's Int'l Realty
Buyer's Agent
Heather Larkin
Alfred Robbins Realty Group
List Price
$774,900
Sold Price
$776,400
Premium/Discount to List
$1,500
0.19%
Current Estimated Value
$833,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,861
Avg. Annual Appreciation
1.84%

Purchase Details

Closed on
Aug 18, 2003
Sold by
Stock Dev L L C
Bought by
Denney Willilam M and Melissa Denney H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael P Sorabella Revocable Trust $776,400 Conrad Willkomm Pa
Denney Willilam M $401,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Denney Willilam M $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold $776,400 +0.2% $393 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $774,900 -- $392 / 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 $7,839 $732,329 -- --
2024 $8,762 $665,754 $319,800 $345,954
2023 $8,762 $740,313 $364,162 $376,151
2022 $6,876 $453,262 $0 $0
2021 $5,748 $412,056 $105,994 $306,062
2020 $5,676 $411,824 $116,747 $295,077
2019 $5,724 $413,448 $129,037 $284,411
2018 $5,370 $383,397 $111,217 $272,180
2017 $5,611 $407,124 $130,573 $276,551
2016 $5,835 $432,661 $0 $0
2015 $5,701 $393,328 $0 $0
2014 $5,049 $357,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221081838

Naples Area Board of REALTORS®

APN: 59937001204