NOT LISTED FOR SALE

Estimated Value: $6,774,000 - $8,798,261

4 Beds
6 Baths
8,132 Sq Ft
$969/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $8,000,000 $984 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $45,529/month

97 Days on Market

About This Home

As of May 2016

Refreshing coastal contemporary architectural style by Falcon Design, stunning interiors by NP Interior Design and masterfully executed by BBA Development Inc. Inviting open floor plan with Great Room layout offers unobstructed bay views from nearly every position, and clean lines with a contemporary flavor describe the forward thinking interior design finishes. Fabulous ground level master suite boasts ample his and her walk-in closets, and stunning master bath finishes. First floor study offers a full bath and walk-in closet for an optional 5th bedroom. Generous outdoor living spaces, both covered and uncovered, offer serene vistas and relaxed luxury living. The second floor provides a junior master suite with massive terrace providing captivating views. There are 2 additional en-suite bedrooms and gracious 2nd floor media/bonus room complete with kitchenette/bar area. There is an 85 foot dock. Known for their “Built Solid” fundamental principle, BBA has again raised the bar on new construction quality and design in Aqualane Shores.

Last Agent to Sell the Property

Timothy Savage

Gulf Coast International Prop Listed on: 01/29/2016

Co-Listed By

Mike McCumber

Waterfront Realty Group Inc

Last Buyer's Agent

Jana Caudill

eXp Realty LLC

eXp Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 2016

Lot Details

  • 0.32

Parking

  • Deeded Parking

Interior Spaces

  • 8,132 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request

Home Details

Home Type

Single Family

Year Built

2016

Lot Details

0

Listing Details

  • Legal Description: AQUALANE SHORES UNIT 1 BLK 3 LOT 15
  • Building Design: Single Family
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2016

Interior Features

  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Bedroom Description: Master BR Ground
  • Bedrooms and Dens: 4+Den
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Warming Tray, Washer
  • Floor Plan: Great Room
  • Flooring: Marble, Wood
  • Interior Amenities: Bar, Cathedral Ceiling, Custom Mirrors, Fireplace, Foyer, French Doors, High Speed Available, Laundry Tub, Multiple Phone Lines, Pantry, Pull Down Stairs, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Room Count: 7
  • Furnished Description: Furnished
  • Price Per Sq Ft: 1382.17
  • Total Floors: 2

Exterior Features

  • Roof: Built-Up or Flat, Metal
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen, Sprinkler Auto
  • Boat Access: Dock Included
  • Canal Width: 121-150
  • Construction: Concrete Block, Poured Concrete
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen, Sprinkler Auto
  • Exterior Finish: Stone, Stucco
  • Gulf Access: No Bridge(s)
  • Irrigation: Central
  • Private Pool: Below Ground, Equipment Stays, Heated Gas, Negative Edge
  • Private Spa: Below Ground, Equipment Stays, Heated Gas
  • Road: City Maintained, Paved Road
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Windows: Casement, Sliding, Thermal

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Cooling: Central Electric, Zoned
  • Heating: Central Electric, Zoned
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Boating
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: AQUALANE SHORES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Aqualane Shores

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: North
  • View: Bay
  • Waterfront: Bay, Navigable
  • Lot Dimensions: 100 X 140
  • Section: 9
  • Total Area: 8132

Tax Info

  • Tax Description: City And County, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2017
Sold by
16Th Cove View Llc
Bought by
Fleming Paul M
Current Estimated Value
$7,879,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Outstanding Balance
$3,733,714
Interest Rate
4.19%
Mortgage Type
Commercial
Estimated Equity
$4,145,373

Purchase Details

Listed on
Sep 23, 2013
Closed on
Oct 22, 2014
Sold by
Southwest Florida Resources Corporation
Bought by
16Th Cove View Llc
Seller's Agent
James E Forrest
The Forrest Co Realty of Naple
Buyer's Agent
James E Forrest
The Forrest Co Realty of Naple
List Price
$5,495,000
Sold Price
$4,700,000
Premium/Discount to List
-$795,000
-14.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$3,055,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fleming Paul M $7,000,000 Attorney
16Th Cove View Llc $4,700,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Paul M $4,500,000
Previous Owner 16Th Cove View Llc $3,055,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2016 05/20/16 Sold $8,000,000 -9.6% $984 / Sq Ft
05/05/2016 05/05/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $8,850,000 +88.3% $1,088 / Sq Ft
10/21/2014 10/21/14 Sold $4,700,000 -14.5% $359 / Sq Ft View Prior Sale
09/15/2014 09/15/14 Pending -- -- --
09/23/2013 09/23/13 For Sale $5,495,000 -- $419 / 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 $50,965 $5,792,382 -- --
2024 $50,850 $5,629,137 -- --
2023 $50,850 $5,465,182 $0 $0
2022 $52,285 $5,306,002 $0 $0
2021 $53,302 $5,151,458 $0 $0
2020 $52,018 $5,080,333 $2,066,051 $3,014,282
2019 $50,722 $4,979,743 $2,025,540 $2,954,203
2018 $50,945 $4,809,430 $2,048,200 $2,761,230
2017 $47,783 $4,637,587 $1,925,700 $2,711,887
2016 $19,721 $1,906,100 $0 $0
2015 $20,848 $1,960,000 $0 $0
2014 $43,438 $3,727,657 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216007705

Naples Area Board of REALTORS®

APN: 01732360004