NOT LISTED FOR SALE

7029 Verde Way Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $3,366,173 - $4,203,000

3 Beds
4 Baths
4,150 Sq Ft
$893/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $1,700,000 $410 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $21,016/month

441 Days on Market

Highlights

  • Zoned Heating and Cooling
  • Ceiling Fan
  • 1-Story Property
  • Sea Gate Elementary School Rated A
  • Villa

About This Home

As of October 2017

Lovely Villa home with golf course views. Interior features include volume ceilings, custom cabinetry, light and bright open floor plan. Exterior features the private courtyard with pool and lush tropical flora and seperate guest cabana. Isle Verde is a gated community within Pelican Bay. Amenities include walking paths, three miles of beach with two private beachfront pavilions with restaurants and exercise classes, tennis, equity golf, fitness center, kayaking and canoeing all for resident use. Situated between the Ritz Carlton Beach Resort and upscale Waterside Shops and Restaurants . This is the ultimate Florida Resort lifestyle.

Last Agent to Sell the Property

Victoria Harrison

Downing Frye Realty Inc. Listed on: 06/14/2016

Downing Frye Realty Inc.

Last Buyer's Agent

Victoria Harrison

Downing Frye Realty Inc. Listed on: 06/14/2016

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,042

Year Built

  • 1994

Lot Details

  • 10,454

Parking

  • Deeded Parking

Home Design

  • Villa
  • Entry on the 1st floor
  • Flat Roof Shape
  • Tile

Interior Spaces

  • 4,150 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Utilities

  • Zoned Heating and Cooling

Community Details

  • $6,000 Secondary HOA Transfer Fee

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,042

Year Built

1994

Lot Details

0

Listing Details

  • Legal Description: ISLE VERDE AT PELICAN BAY LOT 31 OR 2048 PG 2195
  • Street View Param: 1$26.243771$-81.80740400000002$353.49$13.33$1.00$1bXc6qj5RWGfrjs4c5WmmQ
  • Building Design: Villa Detached
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Bedrooms and Dens: 3+Den
  • Dining Room: Family Dining, Formal
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Washer
  • Floor Plan: Courtyard, Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Laundry Tub, Volume Ceiling, Walk-In Closet
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 466.90
  • Total Floors: 1

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Courtyard, Patio
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Cabana
  • Irrigation: Central, Reclaimed
  • Private Pool: Below Ground
  • Road: Paved Road
  • Windows: Skylight, Sliding
  • Roof: Built-Up Or Flat, Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heat: Central Electric, Zoned

Condo/Co-op/Association

  • Amenities: Beach Access, Fitness Center Attended, Private Beach Pavilion, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Tennis, Golf Course
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Street Lights, Street Maintenance
  • Management Company Phone: 239-566-3191
  • Approval: Buyer
  • Management: Professional
  • Restrictions: Architectural, Deeded, Limited Number Vehicles, No Commercial, No Motorcycles, No RV
  • Sub Condo Name: ISLE VERDE

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 36
  • Pets: Limits
  • Pets Limit Max Number: 2
  • Development: Pelican Bay

Fee Information

  • HOA Fees: 12444
  • HOA Fee Frequency: Annually
  • Master HOA Fee: 2272
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 6000.00
  • Application Fee: 150.00

Schools

  • Elementary School: Sea Gate Elementary
  • Middle School: Pine Ridge Middle School
  • High School: Barron Collier High School
  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Lot Description: Cul-De-Sac, Golf Course, Regular
  • Rear Exposure: North
  • View: Golf Course, Landscaped Area
  • Lot Dimensions: 79 X 121 X 83 X 197
  • Lot Back: 83
  • Lot Frontage: 79
  • Lot Left: 121
  • Lot Right: 197
  • Lot Unit: 31
  • Section: 33
  • Total Area: 4150

Rental Info

  • Leases Per Year: 1
  • Min Days Of Lease: 120

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Municipal Service Tax Developmen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2020
Sold by
Marion Michael E
Bought by
Marion Michael E and Michael E Marion Revocable Tru
Current Estimated Value
$3,707,043

Purchase Details

Listed on
Jun 14, 2016
Closed on
Oct 26, 2017
Sold by
Gleason Kathryn A and Gleason Kathryn A
Bought by
Marion Michael E
Seller's Agent
Victoria Harrison
Downing Frye Realty Inc.
Buyer's Agent
Victoria Harrison
Downing Frye Realty Inc.
List Price
$2,195,000
Sold Price
$1,700,000
Premium/Discount to List
-$495,000
-22.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$136,000
Outstanding Balance
$113,750
Interest Rate
3.78%
Mortgage Type
VA
Estimated Equity
$3,593,293

Purchase Details

Closed on
Nov 16, 2006
Sold by
Gleason Kathryn A
Bought by
Gleason Kathryn A

Purchase Details

Closed on
Nov 15, 2006
Sold by
Lehew Elton W
Bought by
Gleason Kathryn A

Purchase Details

Closed on
Apr 7, 1995
Sold by
I P P Naples Ltd
Bought by
Lehew Elton W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$704,000
Interest Rate
8.49%
Source: Public Records

Range of Values:

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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
Marion Michael E -- None Available
Marion Michael E $1,700,000 Attorney
Gleason Kathryn A -- Attorney
Gleason Kathryn A $1,825,000 Attorney
Lehew Elton W $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marion Michael E $136,000
Previous Owner Lehew Elton W $704,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2017 10/26/17 Sold $1,700,000 -10.3% $410 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
07/26/2017 07/26/17 Price Changed $1,895,000 -5.0% $457 / Sq Ft
03/15/2017 03/15/17 Price Changed $1,995,000 -4.8% $481 / Sq Ft
02/02/2017 02/02/17 Price Changed $2,095,000 -4.6% $505 / Sq Ft
06/14/2016 06/14/16 For Sale $2,195,000 -- $529 / 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 $17,042 $1,727,875 -- --
2024 $16,883 $1,679,179 -- --
2023 $16,883 $1,630,271 $0 $0
2022 $17,380 $1,582,787 $0 $0
2021 $17,502 $1,536,686 $0 $0
2020 $17,067 $1,515,469 $0 $0
2019 $16,811 $1,481,397 $726,586 $754,811
2018 $19,368 $1,694,440 $0 $0
2017 $20,131 $1,744,594 $1,033,871 $710,723
2016 $13,347 $1,176,398 $0 $0
2015 $13,368 $1,168,220 $0 $0
2014 $13,319 $1,108,948 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Harrison

    Seller's Agent in 2017

    Victoria Harrison

    Downing Frye Realty Inc.

    (239) 784-1831

    47 in this area

    65 Total Sales

    Victoria Harrison
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216039583

Naples Area Board of REALTORS®

APN: 52520000923

Florida Collier County Naples 34108 Pelican Bay

7029 Verde Way, Naples, FL

This home is located at 7029 Verde Way, Naples, FL 34108 since 14 June 2016 and is currently estimated at $3,707,043, approximately $893 per square foot. This property was built in 1994. 7029 Verde Way is a home located in Collier County with nearby schools including Sea Gate Elementary School, Pine Ridge Middle School, and Barron Collier High School.

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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