NOT LISTED FOR SALE

Estimated Value: $826,294 - $940,000

3 Beds
2 Baths
1,977 Sq Ft
$453/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $840,000 $425 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,978/month

132 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Pond
  • Golf Course Community
  • Clubhouse
  • Furnished

About This Home

As of October 2022

This charming, renovated three bedroom, two bath pool home in the sought after Masters Reserve neighborhood in Lely Resort is a must see! This is a pie shaped lot giving you more room between neighbors. All new plank floors, freshly painted walls in neutral colors and a white kitchen make the house light and bright. The updated home has a coastal feel with an open floor plan, 2 car garage and amazing long lake views! The oversized lanai with a pool with peaceful lake views will provide hours of relaxing outdoor living. This home's smart Valdosta floor plan feels like a larger home. Player's Club is optional for this home. 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. Within 10 miles of beautiful Naples white sand beaches and renowned restaurants and short drive to Marco Island.

Last Agent to Sell the Property

Cheryl Rauch

Downing Frye Realty Inc. License #NAPLES-249526321 Listed on: 03/23/2022

Downing Frye Realty Inc.

Co-Listed By

Lynn Seal

Downing Frye Realty Inc. License #NAPLES-249524674

Last Buyer's Agent

Sonny Grech

Premiere Plus Realty Company License #NAPLES-249516220

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,623

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions: 110
  • Lake Front
  • East Facing Home
  • Gated Home
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,977 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Great Room
  • Breakfast Room
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Heated In Ground Pool
  • Pond

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 59937001327

Community Details

Overview

  • $1,200 Additional Association Fee

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,623

Year Built

Built in 2003

Lot Details

0

HOA Fees

$206 per month

Parking

2

Listing Details

  • Legal Description: MASTERS RESERVE LOT 121
  • 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: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 424.89
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1977
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Breakfast Room
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Laundry Tub, Smoke Detectors, Walk-In Closet
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Paved Road
  • View: Lake
  • Exterior Features: Pond, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Electric
  • Waterfront Type: Lake

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: (239) 774-7088
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: MASTERS RESERVE
  • HOA Fees: 600
  • HOA Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Master Association Fee Incl, Street Lights
  • Master Hoa Fee: 76
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Clubhouse, Golf Course, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 4

Fee Information

  • One Time Other Fee: 1200

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: 109
  • Lot Frontage: 110
  • Lot Left: 59
  • Lot Right: 110
  • Lot Unit: 121
  • Section: 28
  • Total Area: 2689
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Oversize
  • Lot Dimensions: 110 X 59 X 109 X 110
  • Parcel Number: 59937001327

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: 5623.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Sep 28, 2022
Sold by
Morgan M Donovan Revocable Trust
Bought by
Lavigne Lawrence J and Lavigne Julie L
Seller's Agent
Cheryl Rauch
Downing Frye Realty Inc.
Buyer's Agent
Sonny Grech
Premiere Plus Realty Company
List Price
$950,000
Sold Price
$840,000
Premium/Discount to List
-$110,000
-11.58%
Views
5
Current Estimated Value
$920,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,597
Avg. Annual Appreciation
2.26%
Original Mortgage
$588,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2022
Sold by
Donovan Morgan M
Bought by
Morgan M Donovan Revocable Trust

Purchase Details

Listed on
Nov 4, 2021
Closed on
Nov 24, 2021
Sold by
Derigo Properties South Llc
Bought by
Donovan Morgan M
Seller's Agent
Sean Meehan
Premier Sotheby's Int'l Realty
Buyer's Agent
Cheryl Rauch
Downing Frye Realty Inc.
List Price
$695,000
Sold Price
$710,000
Premium/Discount to List
$15,000
2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%
Original Mortgage
$400,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Corbeil Robert F and Corbeil Janet L
Bought by
Derigo Properties South Llc

Purchase Details

Closed on
Mar 21, 2003
Sold by
Stock Dev L L C
Bought by
Corbeil Robert F and Corbeil Janet L
Source: Public Records

Range of Values:

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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
Lavigne Lawrence J $840,000 --
Morgan M Donovan Revocable Trust -- Mondock Law Pllc
Donovan Morgan M $710,000 Accommodation
Derigo Properties South Llc $580,000 Noble Title & Trust
Corbeil Robert F $311,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavigne Lawrence J $618,640
Closed Lavigne Lawrence J $588,000
Previous Owner Donovan Morgan M $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $840,000 -2.3% $425 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $859,999 -3.3% $435 / Sq Ft
05/14/2022 05/14/22 Price Changed $889,000 -1.1% $450 / Sq Ft
04/24/2022 04/24/22 Price Changed $899,000 -3.2% $455 / Sq Ft
04/21/2022 04/21/22 Price Changed $929,000 -2.2% $470 / Sq Ft
03/23/2022 03/23/22 For Sale $950,000 +33.8% $481 / Sq Ft
11/24/2021 11/24/21 Sold $710,000 +2.2% $359 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $695,000 -- $352 / 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 $8,787 $742,709 $383,328 $359,381
2022 $7,552 $627,395 $258,420 $368,975
2021 $5,623 $401,115 $109,144 $291,971
2020 $5,562 $401,712 $120,217 $281,495
2019 $5,618 $404,187 $132,871 $271,316
2018 $5,265 $374,170 $114,522 $259,648
2017 $5,497 $397,217 $134,453 $262,764
2016 $5,742 $424,942 $0 $0
2015 $5,340 $386,311 $0 $0
2014 $5,343 $379,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222022299

Naples Area Board of REALTORS®

APN: 59937001327