NOT LISTED FOR SALE

Estimated Value: $324,308 - $495,000

1 Bed
1 Bath
712 Sq Ft
1968 Built

Last Sold December 29, 2016

Last sale price $232,500 $327 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,317/month

126 Days on Market

Highlights

  • Furnished
  • Lake Park Elementary School Rated A
  • 2 Ceiling Fans

About This Home

As of December 2016

May be the lowest price 1 bedroom per square foot in Olde Naples. Great Olde Naples location 4 blocks to 5th Ave and 7 blocks to the beach. Tastefully remodeled to include tile throughout, granite counter tops, updated woodwork including crown molding, 5 inch base boards and updated doors. Community pool, bike racks and guest parking. Elevator to third floor so no one above you. Across the street from the library and you can walk everywhere. Great rental history. This is a perfect retreat in Olde Naples. All dimensions are approximate.

Last Agent to Sell the Property

Bruce McNeil

McNeil Real Estate Inc License #NAPLES-249511898 Listed on: 07/09/2016

Last Buyer's Agent

Brian Flannery

Sun Realty License #NAPLES-249517164

Sun Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,292

Year Built

  • 1968

Interior Spaces

  • 712 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • 2 Ceiling Fans

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Park Terrace Condos

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,292

Year Built

1968

Lot Details

0

Listing Details

  • Legal Description: PARK TERRACE CLUB CONDO APT 308
  • Street View Param: 1$26.1462$-81.79829999999998$319.81$13.33$1.00$JSdTXcaF8AYNJcRH6heKlA
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1968

Interior Features

  • Additional Rooms: Great Room
  • Dining Room: Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector
  • Floor Plan: Great Room
  • Flooring: Tile
  • Interior Amenities: Cable Prewire, Foyer, Smoke Detectors, Walk-In Closet
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Room Count: 4
  • Furnished Description: Furnished
  • Numberof Ceiling Fans: 2
  • Num Unit Floor: 3
  • Price Per Sq Ft: 326.54
  • Total Floors: 3

Exterior Features

  • Roof: Built-Up or Flat
  • Exterior Features: Storage
  • Construction: Concrete Block
  • Exterior Features: Storage
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Windows: Jalousie, Single Hung

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Common Laundry, Community Pool, Extra Storage, Streetlight
  • Maintenance: Insurance, Irrigation Water, Laundry Facilities, Lawn/Land Maintenance, Manager, Pest Control Exterior, Pest Control Interior, Repairs, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Management Company Phone: 239-261-3440
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: No Commercial, No Motorcycles, No RV
  • Sub Condo Name: PARK TERRACE

Association/Amenities

  • Units in Building: 36
  • Total Number of Units: 36
  • Pets: Not Allowed
  • Development: Olde Naples

Fee Information

  • Condo Fees: 759.36
  • Condo Fee Frequency: Quarterly
  • Application Fee: 100.00

Lot Info

  • Lot Description: Regular
  • Rear Exposure: West
  • View: City
  • Lot Unit: 308
  • Section: 3
  • Total Area: 712

Rental Info

  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2016
Closed on
Dec 21, 2016
Sold by
Mcneil Bruce E
Bought by
Serra George and Thomas Robert Frank
Seller's Agent
Bruce McNeil
McNeil Real Estate Inc
Buyer's Agent
Brian Flannery
Sun Realty
List Price
$259,900
Sold Price
$232,500
Premium/Discount to List
-$27,400
-10.54%
Current Estimated Value
$400,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,077
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Sep 3, 2004
Sold by
Herndon John A
Bought by
Mcneil Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Serra George $232,500 Attorney
Mcneil Bruce E $145,000 Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcneil Bruce E $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2016 12/29/16 Sold $232,500 -1.0% $327 / Sq Ft
11/12/2016 11/12/16 Pending -- -- --
11/06/2016 11/06/16 Price Changed $234,900 -9.6% $330 / Sq Ft
07/09/2016 07/09/16 For Sale $259,900 -- $365 / 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 $2,292 $286,120 $0 $286,120
2022 $2,242 $204,600 $0 $0
2021 $1,909 $186,000 $0 $186,000
2020 $1,888 $186,000 $0 $186,000
2019 $1,836 $178,880 $0 $178,880
2018 $1,833 $178,880 $0 $178,880
2017 $1,843 $178,880 $0 $178,880
2016 $1,593 $148,733 $0 $0
2015 $1,452 $135,212 $0 $0
2014 -- $122,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216044701

Naples Area Board of REALTORS®

APN: 16111280004