NOT LISTED FOR SALE

Estimated Value: $2,808,000 - $3,260,962

4 Beds
4.5 Baths
2,522 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $4,000,000 $1,586 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $18,321/month

69 Days on Market

Highlights

  • Community Beach Access
  • Private Beach
  • Heated Spa
  • Sea Gate Elementary School Rated A
  • Fitness Center
  • Private Membership Available

About This Home

As of September 2023

This home has been masterfully remodeled and is located on on a quiet cul de sac lane. Lovely natural lighting floods this executive home. The stunning kitchen features a large island, Kitchen aid appliances, separate U-line ice maker, with EJB custom cabinetry. The windows, sliding glass doors and Mahogany front door are all hurricane impact rated. Wood beams and an extensive wood trim with furniture grade finish enhance the open concept floor plan. Bay Design furniture and other high end furniture elevate the aesthetic appeal to the home. Open the sliding doors and enjoy the glass tiled spa and pool with spillover fountains. Enjoy entertaining outdoors while grilling at the convenient summer kitchen area. The outdoor area also features an electric fireplace, propane gas fire pit and a Sun Brite outdoor TV. A Sonos sound system is available throughout the main area of the home and on the lanai. Security features include hard wired Ring cameras and a keyless entry garage. This house is the perfect oasis to shut out the noise of the world and relax.

Last Agent to Sell the Property

Adell Cotter

Seaside Properties of South Florida, Inc. License #NAPLES-249501606 Listed on: 03/30/2023

Last Buyer's Agent

Margo Fochler

Premier Sotheby's Int'l Realty License #NAPLES-502014160

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,924

Year Built

  • Built in 1989

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions: 85
  • Private Beach
  • North Facing Home
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Wood Frame Construction
  • Stucco
  • Tile

Interior Spaces

  • 2,522 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Heated Pool

Outdoor Features

  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 66655001456

Community Details

Overview

  • $10,000 Secondary HOA Transfer Fee
  • Private Membership Available
  • Pelican Bay Community

Amenities

  • Restaurant

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Tennis Courts
  • Fitness Center
  • Exercise Course
  • Putting Green
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,924

Year Built

Built in 1989

Lot Details

0

HOA Fees

$226 per month

Parking

2

Listing Details

  • Legal Description: PELICAN BAY UNIT 7 SITE 95
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.238662$-81.803708$40.31$13.33$1.00$kKvF7mi6K1Ngpykrl7sk3w
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1989
  • Property Information: This home has been masterfully remodeled and is located on on a quiet cul de sac lane. Lovely natural lighting floods this executive home. The stunning kitchen features a large island, Kitchen aid appliances, separate U-line ice maker, with EJB custom cabinetry. The windows, sliding glass doors and Mahogany front door are all hurricane impact rated. Wood beams and an extensive wood trim with furniture grade finish enhance the open concept floor plan. Bay Design furniture and other high end furniture elevate the aesthetic appeal to the home. Open the sliding doors and enjoy the glass tiled spa and pool with spillover fountains. Enjoy entertaining outdoors while grilling at the convenient summer kitchen area. The outdoor area also features an electric fireplace, propane gas fire pit and a Sun Brite outdoor TV. A Sonos sound system is available throughout the main area of the home and on the lanai. Security features include hard wired Ring cameras and a keyless entry garage. This house is the perfect oasis to shut out the noise of the world and relax.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Price Per Sq Ft: 1586.04
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 2522
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Smoke Detectors, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Wood Frame
  • Irrigation: Reclaimed
  • Exterior Features: Outdoor Fireplace, Outdoor Kitchen, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Heated Electric
  • Private Spa Type: Heated Electric

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 2395925722
  • Approval: Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, No Commercial, No RV, No Truck
  • Sub Condo Name: OAKMONT
  • HOA Fees: 25
  • HOA Fee Frequency: Annually
  • Master Hoa Fee: 2684
  • Master HOA Fee Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach - Private, Beach Access, Bike And Jog Path, Exercise Room, Fitness Center Attended, Internet Access, Private Beach Pavilion, Private Membership, Putting Green, Restaurant, Shopping, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Non-Gated

Fee Information

  • Transfer Fees: 10000.00

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

  • Builder Product: No
  • Lot Back: 85
  • Lot Frontage: 85
  • Lot Left: 117
  • Lot Right: 125
  • Lot Unit: 95
  • Section: 4
  • Total Area: 3607
  • Waterfront: No
  • Acres: 0.2400
  • Rear Exposure: North
  • Lot Description: Regular
  • Lot Dimensions: 85 X 117 X 85 X 125
  • Parcel Number: 66655001456

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 16923.58
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Sep 29, 2023
Sold by
Borbi John and Borbi Charlotte
Bought by
Karen Buchanan Larson Living Trust and Larson
Seller's Agent
Adell Cotter
Seaside Properties of South Florida, Inc.
Buyer's Agent
Margo Fochler
Premier Sotheby's Int'l Realty
List Price
$4,400,000
Sold Price
$4,000,000
Premium/Discount to List
-$400,000
-9.09%
Views
55
Current Estimated Value
$3,035,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$964,009
Avg. Annual Appreciation
-13.71%
Original Mortgage
$1,000,000
Outstanding Balance
$980,380
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$2,055,611

Purchase Details

Listed on
Nov 14, 2015
Closed on
May 19, 2016
Sold by
Davis Richard A and Davis Robert J
Bought by
Borbi John and Borbi Charlotte
Seller's Agent
Marc Brandt
Waterfront Realty Group Inc
Buyer's Agent
Adell Cotter
Seaside Properties of South Florida, Inc.
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%
Original Mortgage
$650,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2016
Bought by
Borbi John and Borbi Charlotte

Purchase Details

Closed on
Sep 3, 1996
Sold by
Butow Klaus and Butow Susanne E
Bought by
Davis Richard A and Davis Jeannette F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.2%
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
Karen Buchanan Larson Living Trust $4,000,000 Lutgert Title
Borbi John $1,050,000 None Available
Borbi John $100 --
Davis Richard A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karen Buchanan Larson Living Trust $1,000,000
Previous Owner Borbi John $650,000
Previous Owner Davis Richard A $100,000
Previous Owner Davis Richard A $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $4,000,000 -3.6% $1,586 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $4,150,000 -5.7% $1,646 / Sq Ft
04/14/2023 04/14/23 Price Changed $4,400,000 -2.2% $1,745 / Sq Ft
04/12/2023 04/12/23 Price Changed $4,500,000 +2.3% $1,784 / Sq Ft
03/30/2023 03/30/23 For Sale $4,400,000 +319.0% $1,745 / Sq Ft
05/23/2016 05/23/16 Sold $1,050,000 -4.5% $369 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
02/29/2016 02/29/16 Price Changed $1,100,000 -5.6% $387 / Sq Ft
12/02/2015 12/02/15 Price Changed $1,165,000 +5.9% $409 / Sq Ft
11/14/2015 11/14/15 For Sale $1,100,000 -- $387 / 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
2023 $18,627 $1,437,181 $0 $0
2022 $16,924 $1,306,528 $0 $0
2021 $14,096 $1,187,753 $774,180 $413,573
2020 $13,503 $1,149,383 $750,720 $398,663
2019 $13,242 $1,117,268 $733,125 $384,143
2018 $11,123 $902,976 $719,440 $183,536
2017 $11,817 $991,935 $827,747 $164,188
2016 $12,548 $1,065,931 $0 $0
2015 $5,783 $491,544 $0 $0
2014 $5,709 $437,643 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223024899

Naples Area Board of REALTORS®

APN: 66655001456