NOT LISTED FOR SALE

Estimated Value: $701,057 - $914,000

3 Beds
2 Baths
2,041 Sq Ft
$402/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $425,000 $208 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,197/month

74 Days on Market

Highlights

  • Full Service Day or Wellness Spa
  • Lake View
  • Vaulted Ceiling
  • Golf Course Community
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2021

H.832 - ZEN in Paradise at this beautiful home with a calming NW view of lake, lush landscaping and Zen garden from your generous sized lanai. The Great Room is ideal for entertaining and the formal living room gives you a perfect space to enjoy a respite from the day. You will appreciate the warm wood flooring, tile on the diagonal and the carpeted bedrooms. Master Bedroom oasis features a walk in closet and spacious bath with oversized soaking tub and dual sinks. The kitchen is a perfectly delightful space with jewel toned tile backsplash, fresh white cabinetry and stainless appliances. Masters Reserve is a wonderful community within Lely where you will enjoy low quarterly fees, membership in the Players Club and Spa, 3 championship golf courses and a fabulous amenity center with 3 resort pools, indoor/outdoor bar, full service dining, 13 har- tru tennis courts and a full service spa and fitness center. Perfectly located and convenient to 5th Ave in Naples where you are sure to find shopping and dining to fit your every whim. This home is also being sold with a 1 year home warranty for the new buyer at close.

Last Agent to Sell the Property

Robin Crudele

John R Wood Properties License #NAPLES-249519389 Listed on: 01/02/2021

John R Wood Properties

Last Buyer's Agent

Melinda Gunther

Premier Sotheby's Int'l Realty License #NAPLES-249521319

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions: 74
  • Northwest Facing Home
  • Gated Home
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,041 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 59937003147

Community Details

Overview

  • $7,500 Membership 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

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,571

Year Built

Built in 2003

Lot Details

0

HOA Fees

$565 per month

Parking

2

Listing Details

  • Legal Description: MASTERS RESERVE PHASE II LOT 100
  • 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: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 208.23
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • Estimated Living Area: 2041
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Room, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, High Speed Available, Laundry Tub, Volume Ceiling, Walk-In Closet
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Lake, Landscaped Area
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-774-7088
  • Approval: Application Fee, Buyer, Tenant
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial, No RV
  • Sub Condo Name: MASTERS RESERVE
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Master Association Fee Incl, Pest Control Interior, 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
  • Recreation Fee: 4384
  • Recreation Fee Freq: Annually
  • Units In Building: 1

Fee Information

  • 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

  • Builder Product: No
  • Lot Back: 54
  • Lot Frontage: 74
  • Lot Left: 110
  • Lot Right: 112
  • Lot Unit: 100
  • Section: 28
  • Total Area: 2472
  • Waterfront: No
  • Acres: 0.1600
  • Rear Exposure: Northwest
  • Lot Description: Regular
  • Lot Dimensions: 74 X 110 X 54 X 112
  • Parcel Number: 59937003147

Rental Info

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

Tax Info

  • Tax Description: Homestead
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 4571.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2021
Closed on
May 4, 2021
Sold by
Rinehart Robert E and Rinehart Jimene M
Bought by
Costello Robert and Costello Robert J
Seller's Agent
Robin Crudele
John R Wood Properties
Buyer's Agent
Melinda Gunther
Premier Sotheby's Int'l Realty
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Current Estimated Value
$749,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,841
Avg. Annual Appreciation
16.33%
Original Mortgage
$340,000
Outstanding Balance
$308,779
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$510,735

Purchase Details

Closed on
Dec 11, 2003
Sold by
Stock Dev L L C
Bought by
Rinehart Robert E and Rinehart Jimene M
Source: Public Records

Range of Values:

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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
Costello Robert $425,000 Accommodation
Rinehart Robert E $305,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costello Robert $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $425,000 -3.4% $208 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
01/02/2021 01/02/21 For Sale $440,000 -- $216 / 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
2024 $6,655 $585,299 $269,305 $315,994
2023 $6,655 $575,550 $0 $0
2022 $6,799 $558,786 $206,736 $352,050
2021 $4,681 $357,928 $0 $0
2020 $4,571 $352,986 $0 $0
2019 $4,502 $345,050 $0 $0
2018 $4,418 $338,616 $0 $0
2017 $4,301 $331,651 $0 $0
2016 $4,125 $324,830 $0 $0
2015 $4,149 $322,572 $0 $0
2014 $4,156 $270,012 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221003435

Naples Area Board of REALTORS®

APN: 59937003147