NOT LISTED FOR SALE

702 Arbor Lake Dr Unit 7-103 Naples, FL 34110

Coastal North Naples Neighborhood

Estimated Value: $308,000 - $485,000

2 Beds
2 Baths
1,493 Sq Ft
$254/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $320,000 $214 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,156/month

140 Days on Market

Highlights

  • Central Heating and Cooling System
  • Villa
  • 1-Story Property
  • Naples Park Elementary School Rated A-

About This Home

As of March 2018

Desirable two bedroom two bath attached villa overlooking Arbor Lake. This villa features a spacious floor plan and single car garage with additional exterior storage. Enjoy spending time on your large screened lanai while observing mother nature. Arbor Trace is an active adult community with exceptional amenities including the 17th level Top of the Pointe Club overlooking the Bay and Gulf. North Naples campus for Hodges University Lifelong Learning classes. Enjoy the use of all club facilities, fine dining, and transportation. Housekeeping and maintenance optional. On-site assisted living and round-the-clock emergency monitoring for peace of mind.

Last Agent to Sell the Property

Jodi Hansen

Gray & CO Realty LLC License #NAPLES-249523751 Listed on: 09/05/2017

Co-Listed By

Jennie Bradford

Arbor Trace Realty License #NAPLES-249512684

Last Buyer's Agent

Jennie Bradford

Arbor Trace Realty License #NAPLES-249512684

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,037

Year Built

  • 1991

Parking

  • Deeded Parking

Home Design

  • Villa
  • Entry on the 1st floor
  • Tile

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Arbor Trace Condos

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,037

Year Built

1991

Lot Details

0

Listing Details

  • Legal Description: ARBOR TRACE A CONDOMINIUM 7-103
  • Building Design: Villa Attached
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1991

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Floor Plan: Great Room
  • Flooring: Carpet, Laminate
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Shower Only
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 256.00
  • Total Floors: 1

Exterior Features

  • Construction: Metal Frame
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Windows: Double Hung
  • Roof: Tile

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Assisted Living Available, Beauty Salon, Bocce Court, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Dog Park, Exercise Room, Extra Storage, Guest Room, Internet Access, Library, Pickleball, Private Membership, Putting Green, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area
  • Community Type: Condo/Hotel, Gated
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Approval: Interview
  • Management: Residents
  • Restrictions: Deeded, Housing For Older Persons
  • Sub Condo Name: ARBOR TRACE

Association/Amenities

  • Units in Building: 4
  • Total Number of Units: 206
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Development: Arbor Trace

Fee Information

  • Condo Fees: 868
  • Condo Fee Frequency: Monthly
  • Mandatory Club Fee: 1295
  • Mandatory Club Fee Frequency: Monthly

Schools

  • Elementary School: Naples Park Elementary School
  • Middle School: North Naples Middle School
  • High School: Gulf Coast High School
  • Elementary School: Naples Park Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Lot Description: Regular
  • Rear Exposure: South
  • View: Lake
  • Waterfront: Lake
  • Lot Unit: 103
  • Section: 8
  • Total Area: 1493

Rental Info

  • Leases Per Year: 2
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Mar 16, 2018
Sold by
Flounlacker Paul E and The Zefffert Family Trust
Bought by
Wallace Robert M and Wallace Kathleen
Seller's Agent
Jodi Hansen
Gray & CO Realty LLC
Buyer's Agent
Jennie Bradford
Arbor Trace Realty
List Price
$355,000
Sold Price
$320,000
Premium/Discount to List
-$35,000
-9.86%
Current Estimated Value
$379,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,409
Avg. Annual Appreciation
2.26%
Original Mortgage
$256,000
Outstanding Balance
$218,534
Interest Rate
4.22%
Mortgage Type
New Conventional
Estimated Equity
$160,875

Purchase Details

Closed on
Jul 3, 2008
Sold by
Laurie Charles R
Bought by
Zeffert Mary Louise

Purchase Details

Closed on
Aug 19, 2005
Sold by
Cate Lawrence A
Bought by
Radigan Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2001
Sold by
Mclaughlin Steven J and Mccormack Ann L
Bought by
Cate Lawrence A
Source: Public Records

Range of Values:

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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
Wallace Robert M $320,000 Cotirell Title & Escrow
Zeffert Mary Louise $250,000 Dunn Title Company
Radigan Thomas F $230,000 Gulf Coast Title Group Inc
Cate Lawrence A $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Robert M $256,000
Previous Owner Radigan Thomas F $23,000
Previous Owner Radigan Thomas F $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $320,000 -8.3% $214 / Sq Ft
01/23/2018 01/23/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $349,000 -1.7% $234 / Sq Ft
09/05/2017 09/05/17 For Sale $355,000 -- $238 / 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 $2,037 $231,377 -- --
2024 $2,008 $224,856 -- --
2023 $2,008 $218,307 $0 $0
2022 $2,037 $211,949 $0 $0
2021 $2,049 $205,776 $0 $0
2020 $2,000 $202,935 $0 $0
2019 $1,960 $198,372 $0 $0
2018 $3,026 $258,750 $0 $258,750
2017 $660 $80,070 $0 $0
2016 $627 $78,423 $0 $0
2015 $630 $77,878 $0 $0
2014 $623 $26,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jodi Hansen

    Gray & CO Realty LLC

    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jennie Bradford

    Arbor Trace Realty

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217056547

Naples Area Board of REALTORS®

APN: 22350003625

Florida Collier County Naples 34110 Coastal North Naples

702 Arbor Lake Dr Unit 7-103, Naples, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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