NOT LISTED FOR SALE

Estimated Value: $778,278 - $860,000

3 Beds
3 Baths
2,042 Sq Ft
$401/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $535,000 $262 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,505/month

29 Days on Market

Highlights

  • Full Service Day or Wellness Spa
  • Heated Spa
  • Clubhouse
  • Golf Course Community
  • Golf Course View
  • Vaulted Ceiling

About This Home

As of May 2021

Beautiful Courtyard Pool home in the highly sought after Masters Reserve section of Lely Resort. This unique Savannah floor plan offers 3 bedrooms, 3 full baths, with a heated pool and spa located in the private courtyard. The northern exposure lanai offers gorgeous views of the golf course. This property offers the utmost privacy! Your guests will love the private cabana featuring a lovely en-suite & kitchenette. Or use the cabana room as your at home home office and never have another zoom call interrupted again. Lely Resort is known throughout Naples for it's amazing amenities. Lely Resort features 3 championship golf courses, two restaurants, 13 har-tru tennis courts and a full service spa and fitness center. Lely is located close to Marco Island, 5th Ave shopping and dining, and Naples' sugary sandy beaches. If you are looking to live the Florida lifestyle, this home is for you.

Last Agent to Sell the Property

Riley Duncan

Realty One Group MVP License #NAPLES-249520611 Listed on: 02/17/2021

Realty One Group MVP

Last Buyer's Agent

Raymond Cabral

Realty One Group MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 2004

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

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

Interior Spaces

  • 2,042 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Hung Windows
  • Formal Dining Room
  • Screened Porch
  • Golf Course Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Spa
  • Heated Pool

Schools

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

Utilities

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

Additional Features

  • Courtyard
  • 462 SF Accessory Dwelling Unit

Listing and Financial Details

  • Assessor Parcel Number 59937002368

Community Details

Overview

  • $7,500 Secondary HOA Transfer Fee

Amenities

  • Full Service Day or Wellness Spa
  • Restaurant
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Exercise Course
  • Community Pool or Spa Combo
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,542

Year Built

Built in 2004

Lot Details

0

HOA Fees

$565 per month

Parking

2

Listing Details

  • Legal Description: MASTERS RESERVE PHASE II LOT 61
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 262.00
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2042
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Eat-in Kitchen, Formal
  • Equipment: Dishwasher, Dryer, Range, Refrigerator/Freezer, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Courtyard
  • Interior Amenities: Smoke Detectors, Volume Ceiling, Window Coverings
  • Primary Bathroom: 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, Landscaped Area
  • Exterior Features: Courtyard
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom
  • Guest House Sq Ft: 462
  • Private Pool Type: Heated Electric
  • Private Spa Type: Heated Electric

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-774-7088
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MASTERS RESERVE
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Master Association Fee Incl, Street Lights, Street Maintenance
  • Master Hoa Fee: 600
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Resort
  • Amenities: Basketball, Bike And Jog Path, Billiards, Bocce Court, Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Dog Park, Exercise Room, Full Service Spa, Golf Course, Internet Access, Pickleball, Play Area, Restaurant, Sauna, Sidewalk, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Recreation Fee: 4384
  • Recreation Fee Freq: Annually
  • Units In Building: 1

Fee Information

  • Transfer Fees: 7500.00
  • 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 Unit: 61
  • Section: 28
  • Total Area: 3258
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: North
  • Lot Description: Regular
  • Parcel Number: 59937002368

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 5542.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 3, 2021
Sold by
Lumar Investments Llc
Bought by
Morse Lauren and Morse Daniel
Seller's Agent
Riley Duncan
Realty One Group MVP
Buyer's Agent
Raymond Cabral
Realty One Group MVP
List Price
$575,000
Sold Price
$535,000
Premium/Discount to List
-$40,000
-6.96%
Current Estimated Value
$818,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,570
Avg. Annual Appreciation
10.20%
Original Mortgage
$428,000
Outstanding Balance
$387,875
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$430,695

Purchase Details

Closed on
Jul 30, 2008
Sold by
Brewer Bryan and Brewer Birgit
Bought by
Lumar Investments Llc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Stock Development Llc
Bought by
Brewer Bryan and Brewer Birgit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Morse Lauren $535,000 First American Title Ins Co
Morse Lauren $535,000 First American Title
Lumar Investments Llc $251,384 Attorney
Brewer Bryan $330,418 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morse Lauren $428,000
Closed Morse Lauren $428,000
Previous Owner Brewer Bryan $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2021 05/03/21 Sold $535,000 -5.3% $262 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
02/28/2021 02/28/21 Price Changed $565,000 -1.7% $277 / Sq Ft
02/17/2021 02/17/21 For Sale $575,000 -- $282 / 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 $6,947 $634,395 -- --
2024 $7,023 $616,516 $269,305 $347,211
2023 $7,023 $611,182 $0 $0
2022 $7,179 $593,381 $206,736 $386,645
2021 $5,625 $401,315 $95,597 $305,718
2020 $5,542 $400,010 $105,296 $294,714
2019 $5,575 $400,384 $116,379 $284,005
2018 $5,241 $372,026 $100,308 $271,718
2017 $5,356 $384,896 $117,765 $267,131
2016 $5,572 $412,007 $0 $0
2015 $5,495 $384,135 $0 $0
2014 $4,951 $349,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221012647

Naples Area Board of REALTORS®

APN: 59937002368