NOT LISTED FOR SALE

Estimated Value: $2,282,000 - $5,538,570

2 Beds
3 Baths
1,700 Sq Ft
$2,478/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $1,775,000 $1,044 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $26,270/month

152 Days on Market

Highlights

  • No HOA
  • Subterranean Parking
  • Eat-In Kitchen
  • Naples High School Rated A-
  • 2 Car Attached Garage
  • Terrazzo Flooring

About This Home

As of August 2021

Primetime real estate in one of the most desirable locations in the Moorings now available to build your fantasy home. Once in a lifetime opportunity to capture this amazing 0.37 acre oversized lot with a desirable front facing Southern Exposure and back facing Northern Exposure. The current home is a charming solid block Arthur Rutenberg gem tucked away in seclusion, just minutes away from the beach. There is a month-to-month tenant paying $2395 per month and is willing to continue leasing until your plans are drawn and you are ready to build. Plan and construct your own dream house and save over a million or build an amazing spec home and make over a million. The math works both ways depending on how you build it. The house has no known defects and is sold in "as-is condition. Serious offers only. Cash buyers preferred with no contingencies and ability to close quickly. Don't miss out on this unique opportunity. BUY, BUILD AND SAVE BIG TIME!

Last Agent to Sell the Property

Robert Arnold

Sand Dollar Realty Group Inc License #261061021 Listed on: 02/17/2021

Sand Dollar Realty Group Inc

Last Buyer's Agent

Emily Konopasek

Your Naples Realty LLC License #249522667

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,660

Year Built

  • Built in 1967

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 121 x 130 x 160 x 110
  • South Facing Home
  • Rectangular Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Association fees include cable TV, irrigation water, trash, water
  • Moorings Subdivision

Listing and Financial Details

  • Legal Lot and Block 17 / D
  • Assessor Parcel Number 12732680003

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,660

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: 121 x 130 x 160 x 110
  • Ownership: Single Family
  • Subdivision Name: MOORINGS
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1967
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Carpet, Terrazzo
  • Interior Amenities: Bedroom on Main Level, Eat-in Kitchen, See Remarks
  • Living Area: 1700.0
  • Stories: 1
  • Window Features: Other
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Underground, Garage, Paved, Two Spaces

Utilities

  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Irrigation Water, Trash, Water

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • High School: NAPLES HIGH SCHOOL
  • Middle Or Junior School: GULFVIEW MIDDLE SCHOOL

Lot Info

  • Parcel #: 12732680003
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 11660.0
  • Tax Block: D
  • Tax Lot: 17
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Aug 19, 2021
Sold by
Pepin Donat Craig and Pepin Donat Elisabeth
Bought by
Sandhu Amrik S and Sandhu Nicola J
Seller's Agent
Robert Arnold
Sand Dollar Realty Group Inc
Buyer's Agent
Emily Konopasek
Your Naples Realty LLC
List Price
$1,829,000
Sold Price
$1,775,000
Premium/Discount to List
-$54,000
-2.95%
Current Estimated Value
$4,288,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,513,045
Avg. Annual Appreciation
21.76%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Roach Robert A and Roach Joanne L
Bought by
Pepin Donat Craig and Pepin Donat Elisabeth Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$644,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2000
Sold by
Oconnell Robert J and Oconnell Jane D
Bought by
Roach Robert A and Roach Joanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sandhu Amrik S $1,775,000 Landmark Title
Sandhu Amrik S $1,775,000 New Title Company Name
Pepin Donat Craig $805,000 Banyan Title Fl Llc
Roach Robert A $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pepin Donat Craig $644,000
Previous Owner Roach Robert A $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $1,775,000 -3.0% $1,044 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $1,829,000 -- $1,076 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $46,435 $4,857,608 $2,378,090 $2,479,518
2024 $22,832 $5,132,155 $2,652,485 $2,479,670
2023 $22,832 $1,911,619 -- --
2022 $17,042 $1,737,835 $1,737,835 $0
2021 $11,208 $1,092,221 $1,053,716 $38,505
2020 $11,660 $1,107,061 $0 $0
2019 $10,329 $1,006,419 $982,278 $24,141
2018 $9,702 $946,772 $0 $0
2017 $9,795 $860,702 $0 $0
2016 $8,689 $782,456 $0 $0
2015 $7,730 $711,324 $0 $0
2014 $7,541 $646,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221012333

Florida Gulf Coast Multiple Listing Service

APN: 12732680003