NOT LISTED FOR SALE

Estimated Value: $2,467,480 - $3,930,000

2 Beds
2 Baths
1,241 Sq Ft
$2,646/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $2,675,000 $2,156 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $19,174/month

59 Days on Market

Highlights

  • Awning
  • Landscaped
  • Family or Dining Combination
  • Lake Park Elementary School Rated A
  • Central Heating
  • West Facing Home

About This Home

As of February 2023

The perfect opportunity to build your dream cottage. Located in the heart of Old Naples, this unique corner lot is nestled in between Fifth Avenue and Third Street South. With just steps to the beautiful Naples beaches, enjoy downtown living at its finest!

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty Listed on: 10/18/2022

Premier Sotheby's Int'l Realty

Last Buyer's Agent

John Paul Prebish

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,684

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 64
  • West Facing Home
  • Landscaped

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,241 Sq Ft Home
  • 1-Story Property
  • Awning
  • Family or Dining Combination

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Deeded Parking

Schools

  • Lake Park Elementary School
  • Gulfview Middle School
  • Naples High School

Utilities

  • Central Heating

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 11433200000
  • Tax Block E

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,684

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Legal Description: LAKEVIEW TERRACE BLK E LOT 15 EXC W 60FT
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.139028$-81.801299$292.41$13.33$1.00$Cu0faPACAdsIHWW7-4L91g
  • Building Design: Single Family
  • Building Description: Other
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 2155.52
  • Total Floors: 1
  • Additional Rooms: Other
  • Estimated Living Area: 1241
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Floor Plan: Other
  • Primary Bathroom: None
  • Windows: Awning

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Wood Frame
  • Irrigation: Central
  • Road: City Maintained
  • View: Landscaped Area
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: Driveway Paved

Utilities

  • Cable Available: No
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: OLDE NAPLES
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Community Type: Non-Gated
  • Units In Building: 1

Schools

  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: Yes
  • Section: 4
  • Total Area: 7405
  • Waterfront: No
  • Acres: 0.1700
  • Rear Exposure: West
  • Lot Dimensions: 64 X 127 X 60 X 106
  • Parcel Number: 11433200000

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: City And County
  • Taxes: 12683.91
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Feb 1, 2023
Sold by
Downey Family Trust
Bought by
Semerjian David N and Semerjian Lisa A
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
John Paul Prebish
William Raveis Real Estate
List Price
$3,000,000
Sold Price
$2,675,000
Premium/Discount to List
-$325,000
-10.83%
Views
30
Current Estimated Value
$3,283,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,870
Avg. Annual Appreciation
7.12%
Original Mortgage
$1,872,500
Outstanding Balance
$1,800,496
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$1,483,374

Purchase Details

Closed on
Mar 3, 2015
Sold by
Downey Burton and Downey Janice B
Bought by
Downey Burton
Source: Public Records
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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
Semerjian David N $2,675,000 --
Downey Burton -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Semerjian David N $1,872,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $2,675,000 -10.8% $2,156 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $3,000,000 -- $2,417 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $20,959 $2,522,364 $2,425,695 $96,669
2024 $17,464 $2,299,220 $2,109,300 $189,920
2023 $17,464 $1,495,656 $0 $0
2022 $15,522 $1,359,687 $0 $0
2021 $12,684 $1,236,079 $1,198,771 $37,308
2020 $11,815 $1,163,896 $1,129,075 $34,821
2019 $10,908 $1,062,854 $1,045,440 $17,414
2018 $13,619 $1,168,045 $0 $0
2017 $12,637 $1,061,859 $0 $0
2016 $11,056 $965,326 $0 $0
2015 $10,271 $877,569 $0 $0
2014 $9,740 $797,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222075848

Naples Area Board of REALTORS®

APN: 11433200000