$375,000
SOLD MAY 5, 2023
1 Bed
1 Bath
689 Sq Ft
$567/mo HOA Fee

Recently Sold

$544 Per Sq Ft

5% Below List Price

151 Days on Market

Highlights

  • Carriage House
  • Great Room
  • Community Pool
  • Lake Park Elementary School Rated A
  • Screened Porch
  • Elevator

About This Home

As of May 2023

You’ll love the luxurious location of this downtown condo in the heart of Olde Naples at the Park Terrace Club, just minutes to white sand beaches. If you are looking to live in town and at the beach, this condo is for you. Lounge by the heated pool, or stroll to world-class shopping and dining on 5th Ave. The condo is a block to NCH, the renowned London Club, and Wynn’s market; you have the world at your fingertips. Relax at home in this fully furnished condo, where you will live on the southern facing 2nd-floor lanai looking out over tropical landscaping as you soak up sunsets. The condo includes one parking space per unit as well as on-premise guest parking. The living area is neutral, light & bright with tile flooring, and plenty of living & dining space with a new Natuzzi leather Queen pullout sofa bed. The kitchen features custom cabinetry, granite countertops, a tile backsplash, stainless steel appliances, and a sink disposal. The spacious owner's suite includes a walk-in closet. The condo is located next to the private beach lockers & laundry room. The elevator is so convenient too. The AC was replaced in 2020.

Last Agent to Sell the Property

Alex Greenwood

Realty One Group MVP License #NAPLES-258017280 Listed on: 11/21/2022

Realty One Group MVP

Co-Listed By

Lauren Trethewey

Realty One Group MVP License #NAPLES-249528750

Realty One Group MVP

Last Buyer's Agent

Lauren Trethewey

Realty One Group MVP License #NAPLES-249528750

Realty One Group MVP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,868

Year Built

  • Built in 1968

Lot Details

  • Southwest Facing Home
  • Sprinkler System

HOA Fees

  • $567 Monthly HOA Fees

Home Design

  • Carriage House
  • Turnkey
  • Flat Roof Shape
  • Concrete Block With Brick
  • Stucco

Interior Spaces

  • 689 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Family or Dining Combination
  • Screened Porch
  • Storage
  • Tile Flooring

Kitchen

  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Parking Garage Space
  • Paved Parking
  • Guest Parking
  • On-Street Parking
  • Deeded Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 16110720002

Community Details

Overview

  • 36 Units
  • Low-Rise Condominium
  • Park Terrace Condos
  • Olde Naples Community

Amenities

  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,868

Year Built

Built in 1968

Lot Details

0

HOA Fees

$567 per month

Listing Details

  • Legal Description: PARK TERRACE CLUB CONDOMINIUM UNIT 206
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.146503$-81.797991$37.52$13.33$1.00$UrFcodf5J3tfxSy5zxoRsg
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 1968
  • Directions: From Tamiami Tr S turn west onto Central Drive then left onto 7th St S. Building will be on your right. For showings, please park on 7th St. S. or across the street at the library.
  • Property Information: You’ll love the luxurious location of this downtown condo in the heart of Olde Naples at the Park Terrace Club, just minutes to white sand beaches. If you are looking to live in town and at the beach, this condo is for you. Lounge by the heated pool, or stroll to world-class shopping and dining on 5th Ave. The condo is a block to NCH, the renowned London Club, and Wynn’s market; you have the world at your fingertips. Relax at home in this fully furnished condo, where you will live on the southern facing 2nd-floor lanai looking out over tropical landscaping as you soak up sunsets. The condo includes one parking space per unit as well as on-premise guest parking. The living area is neutral, light & bright with tile flooring, and plenty of living & dining space with a new Natuzzi leather Queen pullout sofa bed. The kitchen features custom cabinetry, granite countertops, a tile backsplash, stainless steel appliances, and a sink disposal. The spacious owner's suite includes a walk-in closet. The condo is located next to the private beach lockers & laundry room. The elevator is so convenient too. The AC was replaced in 2020.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 544.27
  • Total Floors: 1
  • Additional Rooms: Great Room, Screened Lanai/Porch
  • Estimated Living Area: 689
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 1 Bed
  • Total Bedrooms: 1
  • Dining Room: Family Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Range, Refrigerator
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Internet Available
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: City Maintained, Paved Road, Public Road
  • View: Landscaped Area, Partial Buildings
  • Exterior Features: Sprinkler Auto, Storage
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned, Guest, Paved Parking, Street

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-649-5526
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No Motorcycles, No RV
  • Sub Condo Name: PARK TERRACE
  • Maintenance: Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Recreational Facilities, Sewer, Trash Removal, Water
  • Master Hoa Fee: 1699.83
  • Master HOA Fee Frequency: Quarterly
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: Not Allowed
  • Development: Olde Naples
  • Amenities: Common Laundry, Community Pool, Extra Storage
  • Community Type: Non-Gated
  • Units In Building: 36
  • Total Number of Units: 36

Fee Information

  • Application Fee: 225.00

Schools

  • Elementary School: LAKE PARK ELEMENTARY
  • Middle School: GULFVIEW MIDDLE SCHOOL
  • High School: NAPLES HIGH SCHOOL
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 206
  • Section: 3
  • Total Area: 712
  • Waterfront: No
  • Rear Exposure: Southwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 16110720002

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 1867.57
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
May 4, 2023
Sold by
Giordano Andrea
Bought by
Murray Marissa
Seller's Agent
Alex Greenwood
Realty One Group MVP
Buyer's Agent
Lauren Trethewey
Realty One Group MVP
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%
Views
120
Current Estimated Value
$380,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,650
Avg. Annual Appreciation
0.59%
Original Mortgage
$295,000
Outstanding Balance
$288,390
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$91,333

Purchase Details

Listed on
Jan 10, 2022
Closed on
Jan 27, 2022
Sold by
Miller Jesse W
Bought by
Giordano Andrea
Seller's Agent
Joseph Bartos
Premiere Plus Realty Company
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$320,000
Sold Price
$332,500
Premium/Discount to List
$12,500
3.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%

Purchase Details

Listed on
Oct 11, 2021
Closed on
Oct 5, 2021
Sold by
Darmon John F and Darmon Brenda E
Bought by
Miller Jesse William
Seller's Agent
Comp Agent
Marco Island Area Association Of Realtor
Buyer's Agent
Joseph Bartos
Premiere Plus Realty Company
List Price
$289,900
Sold Price
$288,000
Premium/Discount to List
-$1,900
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.43%
Original Mortgage
$253,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 11, 2020
Closed on
Aug 21, 2020
Sold by
Eastep Thomas M and Eastep Julia G
Bought by
Darmon John F and Darmon Brenda E
Seller's Agent
Kimberly Price
Premier Sotheby's Int'l Realty
Buyer's Agent
Kimberly Price
Premier Sotheby's Int'l Realty
List Price
$259,900
Sold Price
$215,000
Premium/Discount to List
-$44,900
-17.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.82%

Purchase Details

Closed on
Apr 14, 2009
Sold by
Eastep Thomas M and Eastep Julia G
Bought by
Eastep Thomas M and Eastep Julia G

Purchase Details

Closed on
Feb 25, 2009
Sold by
Trebilcock Jay
Bought by
Eastep Thomas M and Eastep Julia G
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Omega National Title
Warranty Deed $332,500 Omega Title
Warranty Deed $288,000 Accommodation
Warranty Deed $215,000 Royal Gulf Title Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $165,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $295,000 New Conventional
Previous Owner $253,000 New Conventional
Previous Owner $6,884 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $375,000 -5.1% $544 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/14/2023 04/14/23 Price Changed $395,000 0.0% $573 / Sq Ft
04/14/2023 04/14/23 For Sale $395,000 -1.2% $573 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
04/01/2023 04/01/23 Price Changed $399,999 -3.6% $581 / Sq Ft
03/16/2023 03/16/23 Price Changed $415,000 -4.6% $602 / Sq Ft
02/22/2023 02/22/23 Price Changed $435,000 -5.4% $631 / Sq Ft
02/08/2023 02/08/23 Price Changed $459,975 -6.1% $668 / Sq Ft
11/21/2022 11/21/22 For Sale $489,750 +47.3% $711 / Sq Ft
01/27/2022 01/27/22 Sold $332,500 +3.9% $483 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $320,000 +11.1% $464 / Sq Ft
10/11/2021 10/11/21 Sold $288,000 -0.7% $404 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $289,900 +0.7% $407 / Sq Ft
10/05/2021 10/05/21 Sold $288,000 -0.7% $418 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $289,900 +34.8% $421 / Sq Ft
08/21/2020 08/21/20 Sold $215,000 -8.5% $312 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $235,000 -6.0% $341 / Sq Ft
02/20/2020 02/20/20 Price Changed $249,900 -3.8% $363 / Sq Ft
01/11/2020 01/11/20 For Sale $259,900 -- $377 / 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 $2,592 $280,120 $0 $280,120
2022 $2,466 $251,437 $0 $251,437
2021 $1,868 $182,000 $0 $182,000
2020 $1,848 $182,000 $0 $182,000
2019 $1,795 $174,880 $0 $174,880
2018 $1,792 $174,880 $0 $174,880
2017 $1,723 $159,613 $0 $0
2016 $1,559 $145,103 $0 $0
2015 $1,419 $131,912 $0 $0
2014 $1,291 $119,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222083104

Naples Area Board of REALTORS®

APN: 16110720002