NOT LISTED FOR SALE

704 Arbor Lake Dr Unit 7-104 Naples, FL 34110

Coastal North Naples Neighborhood

Estimated Value: $363,000 - $429,000

2 Beds
2 Baths
1,493 Sq Ft
$3,441/mo HOA Fee

Last Sold May 20, 2024

Last sale price $420,000 $281 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,757/month

340 Days on Market

Highlights

  • Concierge
  • Lake Front
  • Clubhouse
  • Naples Park Elementary School Rated A-
  • Private Membership Available
  • Contemporary Architecture

About This Home

As of May 2024

Don't miss the chance at this rarely available, updated, 2-bed, 2-bath, Villa in one of Naples' most luxurious senior living communities. Escape into your tranquil lake view while you capture the wide array of visiting wildlife that inhabit the bordering preserve. Live at ease with Arbor Trace's extensive list of a-la-carte care services and while maintaining complete independence. Indulge in the use of all club facilities; beautiful atrium, pool, spa, social activities, fine dining, and transportation. Housekeeping and maintenance available and optional. On-site assisted living and round-the-clock emergency monitoring for peace of mind....Capture the Naples Lifestyle!

Last Agent to Sell the Property

Monica Frengel

Downing Frye Realty Inc. License #NAPLES-249514253 Listed on: 05/01/2023

Downing Frye Realty Inc.

Co-Listed By

Anthony Karambellas

Downing Frye Realty Inc.

Last Buyer's Agent

Jerry DiGiacomo

John R Wood Properties

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1991

Lot Details

  • Lake Front
  • South Facing Home
  • Gated Home

HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Property Views

  • Lake
  • Woods

Home Design

  • Condo Hotel
  • Contemporary Architecture
  • Villa
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Electric Shutters
  • French Doors
  • Great Room
  • Open Floorplan
  • Breakfast Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water Fountains

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 22350003641
  • Tax Block 7

Community Details

Overview

  • 4 Units
  • Private Membership Available
  • Arbor Trace Condos
  • Arbor Trace Community
  • Car Wash Area

Amenities

  • Concierge
  • Assisted Living Available
  • Restaurant
  • Beauty Salon
  • Clubhouse
  • Community Library
  • Community Storage Space

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Exercise Course
  • Community Pool or Spa Combo
  • Dog Park

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,061

Year Built

Built in 1991

Lot Details

0

HOA Fees

$3,441 per month

Parking

1

Listing Details

  • Legal Description: ARBOR TRACE A CONDOMINIUM 7-104
  • Property Type: Residential
  • Table: Residential
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch, Contemporary
  • Storm Protection: Shutters, Electric Shutters, Shutters - Manual
  • Year Built: 1991
  • Directions: North of Wiggins Pass Rd, Off Vanderbilt Dr. just north of Kaela Bay . Turn right after gate and 2nd left 704 Arbor Lake Dr.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 281.31
  • Total Floors: 1
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Laundry in Residence
  • Estimated Living Area: 1493
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Room, Family Dining, Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Washer
  • Flooring: Tile, Vinyl
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: French Doors, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Shower Only

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Paved Road
  • View: Lake, Landscaped Area, Water, Wooded Area
  • Exterior Features: Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Common, Guest, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer, Interview
  • Management: On-Site
  • Mandatory HOA: No
  • Restrictions: Deeded, Housing For Older Persons
  • Sub Condo Name: ARBOR TRACE
  • Condo Fees: 1691
  • Condo Fee Frequency: Monthly
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Sewer, Trash Removal, Water
  • Club Fee Mandatory: 1750
  • Club Fee Mandatory Frequency: Monthly
  • Development Name: ARBOR TRACE

Association/Amenities

  • Pets: With Approval
  • Development: Arbor Trace
  • Amenities: Assisted Living Available, Beauty Salon, Bocce Court, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Concierge Services, Dog Park, Exercise Room, Extra Storage, Guest Room, Internet Access, Library, Pickleball, Private Membership, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area
  • Community Type: Condo/Hotel, Gated
  • Units In Building: 4
  • Total Number of Units: 206

Schools

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

Lot Info

  • Builder Product: No
  • Section: 8
  • Total Area: 1493
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 22350003641

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 2060.57
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
May 20, 2024
Sold by
John F Solan Jr Revocable Trust and Nici James R
Bought by
Smith Harmon W and Smith Donna S
Seller's Agent
Monica Frengel
Downing Frye Realty Inc.
Buyer's Agent
Jerry DiGiacomo
John R Wood Properties
List Price
$799,000
Sold Price
$420,000
Premium/Discount to List
-$379,000
-47.43%
Views
165
Current Estimated Value
$389,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,474
Avg. Annual Appreciation
-5.10%

Purchase Details

Listed on
Mar 6, 2022
Closed on
Apr 6, 2022
Sold by
Coscia Frank A and Coscia Anne M
Bought by
John F Solan Jr Revocable Trust
Seller's Agent
Octavia Harris
Coldwell Banker Realty
Buyer's Agent
Monica Frengel
Downing Frye Realty Inc.
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.52%

Purchase Details

Listed on
Mar 6, 2022
Closed on
Apr 1, 2022
Sold by
Coscia Frank A and Coscia Anne M
Bought by
John F Solan Jr Revocable Trust
Seller's Agent
Octavia Harris
Coldwell Banker Realty
Buyer's Agent
Monica Frengel
Downing Frye Realty Inc.
List Price
$725,000
Sold Price
$725,000

Purchase Details

Listed on
Oct 16, 2017
Closed on
Feb 28, 2018
Sold by
Knouse Louis T and Knouse Anne
Bought by
Coscia Frank A and Coscia Anne M
Seller's Agent
Jodi Hansen
Gray & CO Realty LLC
Buyer's Agent
Jennifer Hoops
Arbor Trace Realty
List Price
$410,000
Sold Price
$395,000
Premium/Discount to List
-$15,000
-3.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.01%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Dye William E and Johnson Kathy
Bought by
Knouse Louis T and Knouse Anne S

Purchase Details

Closed on
Dec 1, 2006
Sold by
Pfifer Jane H and Pfifer George T
Bought by
Dye William E

Purchase Details

Closed on
Jan 24, 2005
Sold by
Julian Robert S
Bought by
Pfifer Jane H and Pfifer George T

Purchase Details

Closed on
Apr 24, 2000
Sold by
Julian David H
Bought by
Julian Robert S
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
Smith Harmon W $420,000 None Listed On Document
John F Solan Jr Revocable Trust $725,000 Grant Cottrell Miller-Meyers P
John F Solan Jr Revocable Trust $725,000 Grant Cottrell Miller-Meyers P
Coscia Frank A $395,000 Cottrell Title Group Llc
Knouse Louis T $200,000 Attorney
Dye William E $260,000 Hulce Title Ins Agency
Pfifer Jane H $219,000 Midwest Title
Julian Robert S -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2024 05/20/24 Sold $420,000 -20.0% $281 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
01/19/2024 01/19/24 Price Changed $525,000 -12.4% $352 / Sq Ft
10/10/2023 10/10/23 Price Changed $599,000 -14.3% $401 / Sq Ft
07/11/2023 07/11/23 Price Changed $699,000 -12.5% $468 / Sq Ft
05/01/2023 05/01/23 For Sale $799,000 +10.2% $535 / Sq Ft
04/01/2022 04/01/22 Sold $725,000 0.0% $486 / Sq Ft View Prior Sale
03/11/2022 03/11/22 Pending -- -- --
03/06/2022 03/06/22 For Sale $725,000 +83.5% $486 / Sq Ft
02/28/2018 02/28/18 Sold $395,000 -3.7% $265 / Sq Ft View Prior Sale
11/01/2017 11/01/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $410,000 -- $275 / 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 $3,318 $212,272 -- --
2024 $1,639 $320,000 -- $320,000
2023 $1,639 $180,654 $0 $0
2022 $2,061 $214,220 $0 $0
2021 $2,073 $207,981 $0 $0
2020 $2,024 $205,109 $0 $0
2019 $1,984 $200,498 $0 $0
2018 $1,568 $163,026 $0 $0
2017 $1,537 $159,673 $0 $0
2016 $1,487 $156,389 $0 $0
2015 $1,497 $155,302 $0 $0
2014 $1,405 $96,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223030411

Naples Area Board of REALTORS®

APN: 22350003641