720 Bay Tree Ct Unit 7 Naples, FL 34108
Pelican Bay NeighborhoodEstimated Value: $3,838,375 - $3,988,000
4
Beds
7
Baths
3,773
Sq Ft
$1,043/Sq Ft
Est. Value
About This Home
This home is located at 720 Bay Tree Ct Unit 7, Naples, FL 34108 and is currently estimated at $3,936,844, approximately $1,043 per square foot. 720 Bay Tree Ct Unit 7 is a home located in Collier County with nearby schools including Sea Gate Elementary School, Pine Ridge Middle School, and Barron Collier High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 12, 2025
Sold by
Melchionni William and Melchionni Alicia
Bought by
720 Bay Tree Ct Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,349,000
Outstanding Balance
$2,342,910
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$1,593,934
Purchase Details
Closed on
Jan 28, 2013
Sold by
Melchionni Alicia
Bought by
Melchionni William and Melchionni Alicia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.38%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Dec 30, 2004
Sold by
Needham Michael J and Needham Wendy B
Bought by
Melchionni Alicia
Purchase Details
Closed on
Apr 18, 2002
Sold by
Griffin Suzanne R and Porter Suzanne R
Bought by
Needham Michael J and Needham Wendy B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 720 Bay Tree Ct Llc | $3,900,000 | None Listed On Document | |
| 720 Bay Tree Ct Llc | $3,900,000 | None Listed On Document | |
| Melchionni William | $150,533 | Attorney | |
| Melchionni Alicia | $1,825,000 | Seacrest Title Company | |
| Needham Michael J | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 720 Bay Tree Ct Llc | $2,349,000 | |
| Closed | 720 Bay Tree Ct Llc | $2,349,000 | |
| Previous Owner | Melchionni William | $938,250 |
Source: Public Records
Tax History Compared to Growth
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 | $13,659 | $1,362,246 | -- | -- |
| 2024 | $13,518 | $1,323,854 | -- | -- |
| 2023 | $13,518 | $1,285,295 | $0 | $0 |
| 2022 | $13,852 | $1,247,859 | $0 | $0 |
| 2021 | $13,929 | $1,211,514 | $0 | $0 |
| 2020 | $13,579 | $1,194,787 | $0 | $0 |
| 2019 | $13,376 | $1,167,925 | $0 | $0 |
| 2018 | $13,366 | $1,146,148 | $0 | $0 |
| 2017 | $12,836 | $1,122,574 | $0 | $0 |
| 2016 | $12,498 | $1,099,485 | $0 | $0 |
| 2015 | $12,512 | $1,091,842 | $0 | $0 |
| 2014 | $12,460 | $1,033,177 | $0 | $0 |
Source: Public Records
Map
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