NOT LISTED FOR SALE

Estimated Value: $751,668 - $907,000

3 Beds
3 Baths
3,413 Sq Ft
$244/Sq Ft Est. Value

Last Sold January 30, 2017

Last sale price $430,000 $126 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,365/month

291 Days on Market

About This Home

As of January 2017

This impeccably maintained courtyard home in Master's Reserve at Lely Resort feels brand new. You will love relaxing on the rear lanai and watching the sun set. The premium homesite offers an unparalleled view that includes water, greens, sand traps, trees, flowing grass and even a wooden footbridge. Embraced by the home is a courtyard with an AquaLink-controlled oversized heated pool, plus a spa that is great for private swimming and lounging. The separate, very private guest quarters include a full bath, as well as a kitchenette, and could also be the ideal home office, studio or in-law suite. This smart floor plan offers a great use of space and also boasts volume ceilings, a spacious kitchen with walk-in pantry and breakfast room, and also a full bathroom that is easily accessible from the pool area. Offered furnished.

Last Agent to Sell the Property

Gary Blaine

John R Wood Properties License #NAPLES-249512921 Listed on: 03/28/2016

John R Wood Properties

Last Buyer's Agent

Darrel Baker

Coastal Living Realty Inc License #NAPLES-258015118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,795

Year Built

  • 2003

Lot Details

  • 6,534

Parking

  • Deeded Parking

Interior Spaces

  • 3,413 Sq Ft Home
  • 1-Story Property

Community Details

  • $7,500 Membership Fee

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,795

Year Built

2003

Lot Details

0

Listing Details

  • Legal Description: MASTERS RESERVE PHASE II LOT 50
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Additional Rooms: Attached Apartment, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms, Two Master Suites
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Breakfast Room
  • Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Floor Plan: Courtyard, Great Room, Split Bedrooms
  • Flooring: Tile
  • Interior Amenities: Cable Prewire, Foyer, French Doors, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling, Window Coverings
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Separate Tub And Shower
  • Room Count: 7
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 216.08
  • Total Floors: 1

Exterior Features

  • Roof: Tile
  • Exterior Features: Courtyard, Sprinkler Auto
  • Construction: Concrete Block
  • Exterior Features: Courtyard, Sprinkler Auto
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom
  • Irrigation: Lake/Canal, Reclaimed
  • Private Pool: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Electric, Pool Bath, Screened
  • Private Spa: Below Ground, Concrete, Equipment Stays, Heated Electric, Pool Bath, Screened
  • Storm Protection: Shutters
  • Windows: Arched, Single Hung, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Ceiling Fans, Central Electric, Humidistat
  • Heating: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Basketball, BBQ - Picnic, Bike And Jog Path, Billiards, Bocce Court, Business Center, Clubhouse, Dog Park, Exercise Room, Full Service Spa, Golf Course, Guest Room, Hobby Room, Internet Access, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Reserve, Security, Street Lights, Street Maintenance
  • Management Company Phone: 239-793-8628
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Architectural, Deeded, No RV
  • Sub Condo Name: MASTERS RESERVE

Association/Amenities

  • Units in Building: 1
  • Pets: No Approval Needed
  • Development: Lely Resort

Fee Information

  • HOA Fees: 495
  • HOA Fee Frequency: Quarterly
  • Mandatory Club Fee: 3600
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 122
  • Master HOA Fee Frequency: Annually
  • Application Fee: 100.00
  • One Time Mandatory Club Fee: 7500

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

  • Lot Description: Golf Course
  • Rear Exposure: Northwest
  • View: Creek, Golf Course, Lake
  • Lot Dimensions: 55 X 120
  • Lot Back: 55
  • Lot Frontage: 55
  • Lot Left: 120
  • Lot Right: 120
  • Lot Unit: 50
  • Section: 28
  • Total Area: 3413

Rental Info

  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: Homestead, Other Exemptions
  • Tax District Type: Community Development District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2022
Sold by
Lipsey Stephen M and Lipsey Florence M
Bought by
Stephen M Lipsey Trust
Current Estimated Value
$861,282

Purchase Details

Closed on
Mar 25, 2021
Sold by
Forge Trust Company
Bought by
Lipsey Stephen M and Noci Lipsey Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2008
Sold by
Wolfkamp Diane M and Wolfkamp William
Bought by
Wolfkamp Diane M and Wolfkamp Revocable Trust

Purchase Details

Closed on
Jan 27, 2004
Sold by
Stock Dev L L C
Bought by
Wolfkamp William and Wolfkamp Diane M
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
Stephen M Lipsey Trust -- --
Lipsey Stephen M $449,000 Citizens Title Agency
Wolfkamp Diane M -- Attorney
Wolfkamp William $439,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lipsey Stephen M $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $430,000 -4.4% $126 / Sq Ft
01/13/2017 01/13/17 Pending -- -- --
12/27/2016 12/27/16 Price Changed $449,900 -1.8% $132 / Sq Ft
05/18/2016 05/18/16 Price Changed $458,000 -6.1% $134 / Sq Ft
03/28/2016 03/28/16 For Sale $488,000 -- $143 / 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 $7,795 $635,518 $0 $0
2022 $7,444 $577,744 $193,815 $383,929
2021 $5,509 $391,117 $87,285 $303,832
2020 $5,419 $389,074 $96,140 $292,934
2019 $5,441 $388,588 $106,260 $282,328
2018 $5,124 $361,773 $91,586 $270,187
2017 $5,243 $374,985 $107,525 $267,460
2016 $4,390 $348,375 $0 $0
2015 $4,416 $345,953 $0 $0
2014 $4,424 $292,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216022704

Naples Area Board of REALTORS®

APN: 59937002148