NOT LISTED FOR SALE

7555 Meadow Lakes Dr Unit 101 Naples, FL 34104

Sapphire Lakes Neighborhood

Estimated Value: $309,850 - $328,000

3 Beds
2 Baths
1,311 Sq Ft
$618/ mo HOA Fee

Last Sold May 24, 2024

Last sale price $373,000 $285 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $2,512/month

96 Days on Market

Highlights

  • Gated Community
  • Views of Preserve
  • Screened Porch
  • Calusa Park Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of May 2024

Welcome Home to your gated community! This end unit condo is the quietest corner of The Preserve. This three-bedroom (which are split bedrooms) two bath condo, gives the primary ensuite exceptional privacy. Very special recent community updates include all impact windows and slider, new flat tile roof, and freshly painted. The enclosed lanai has lift out panels which open up to the screens. All appliances are stainless, and kitchen has beautiful granite countertop also. Community amenities are a heated resort style pool, fitness center, media area and billiards area, tennis/pickleball court, and bocce court. Activities of course are water aerobics, yoga, tennis, pickleball, and bocce games. There are catered community functions periodically at the clubhouse including dancing. Don't forget proximity to the beaches, 5th Avenue, 3rd in Olde Naples, theaters, art shows, car shows, and airports. Simply put, enjoy just a beautiful stroll around Naples for shopping, dinner and a play at the theater. An excellent well-maintained community just waiting for you and your family. To see Application Fees go to Supplements as there are a few.

Last Agent to Sell the Property

Sharon Brown

Blue Heron Realty of Naples Listed on: 01/08/2024

Last Buyer's Agent

Non-listing FGC MLS Non-Listing agent

FGC Non-MLS Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1999

Lot Details

  • Southwest Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

  • Views of Preserve
  • Views of Woods

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,311 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Formal Dining Room
  • Screened Porch
  • Monitored

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Calusa Park Elementary School
  • East Naples Middle School
  • Golden Gate High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 68390004020

Community Details

Overview

  • $1,050 Secondary HOA Transfer Fee
  • 4 Units
  • Low-Rise Condominium
  • Preserve At The Shores Condos
  • Berkshire Lakes Community
  • Mandatory home owners association

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library
  • Recreation Room

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Community Playground
  • Exercise Course
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Gated Community
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,925

Year Built

Built in 1999

Lot Details

0 Sq Ft Lot

HOA Fees

$618 per month

Parking

1

Listing Details

  • Legal Description: PRESERVE AT THE SHORES AT BERKSHIRE LAKES A CONDOMINIUM, THE UNIT 101
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Windows, Shutters - Manual
  • Year Built: 1999
  • Directions: I75 Left on Golden Gate Pkwy, right on Santa Barbara. Left to The Shores at Berkshire Lakes, left on Berkshire Pines Dr to The Preserve Left then immediate Right on Meadow Lakes Drive. You cannot enter from Radio Rd.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 284.52
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1311
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Impact Resistant, Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Paved Road, Private Road
  • View: Preserve, Wooded Area
  • Exterior Features: Patio, Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Monitored Alarm, Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: PRESERVE AT THE SHORES
  • Condo Fees: 385
  • Condo Fee Frequency: Monthly
  • HOA Fees: 233
  • HOA Fee Frequency: Monthly
  • Maintenance: Cable, Fidelity Bond, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Development Name: BERKSHIRE LAKES

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 30
  • Development: Berkshire Lakes
  • Amenities: Billiards, Bocce Court, Clubhouse, Community Pool, Community Room, Exercise Room, Hobby Room, Internet Access, Library, Pickleball, Play Area, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated
  • Units In Building: 4
  • Total Number of Units: 168

Fee Information

  • Transfer Fees: 1050.00

Schools

  • Elementary School: Calusa Park Elementary School
  • High School: Golden Gate High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 33
  • Total Area: 1830
  • Waterfront: No
  • Rear Exposure: Southwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 68390004020

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 2925.23
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
May 24, 2024
Sold by
Ferretti David Raymond and Ferretti Arleen Evelyn
Bought by
Richard W Torhorst And Trae A Torhorst Revoca and Torhorst
Seller's Agent
Sharon Brown
Blue Heron Realty of Naples
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$383,000
Sold Price
$373,000
Premium/Discount to List
-$10,000
-2.61%
Views
152
Current Estimated Value
$316,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,037
Avg. Annual Appreciation
-8.60%
Original Mortgage
$279,750
Outstanding Balance
$275,989
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$40,974

Purchase Details

Listed on
Jan 5, 2018
Closed on
Apr 3, 2018
Sold by
Moore Marilyn A
Bought by
Feretti David Raymond and Feretti Arleen Evelyn
Seller's Agent
Tom Swift
Ruby Realty & Referral Co Inc
Buyer's Agent
Kathleen McMonigle
Ruby Realty & Referral Co Inc
List Price
$224,900
Sold Price
$216,500
Premium/Discount to List
-$8,400
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Smith Bruce A and Smith Cynthia L
Bought by
Moore Marilyn A

Purchase Details

Closed on
Apr 30, 2013
Sold by
Jeffers Dennis A and Jeffers Cheryl A
Bought by
Smith Bruce A and Smith Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2008
Sold by
Cocco Francis R and Cocco Caroline A
Bought by
Jeffers Dennis A and Jeffers Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Reilly Thomas P and Reilly Brenda D
Bought by
Cocco Francis R and Cocco Caroline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
5.92%

Purchase Details

Closed on
Apr 20, 2001
Sold by
Hoster Robert L and Hoster Linda S
Bought by
Reilly Thomas P and Reilly Brenda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.98%

Purchase Details

Closed on
Oct 19, 1999
Sold by
Engle Homes Sw Fl Inc
Bought by
Hoster Robert L and Hoster Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,800
Interest Rate
7.91%
Source: Public Records
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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
Richard W Torhorst And Trae A Torhorst Revoca $373,000 None Listed On Document
Feretti David Raymond $216,500 Attorney
Moore Marilyn A $164,900 Naples Title Inc
Smith Bruce A $134,315 Island Title 5 Star Agency L
Jeffers Dennis A $200,000 Accu Title Agency
Cocco Francis R $151,000 --
Reilly Thomas P $121,300 --
Hoster Robert L $111,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richard W Torhorst And Trae A Torhorst Revoca $279,750
Previous Owner Smith Bruce A $94,000
Previous Owner Jeffers Dennis A $160,000
Previous Owner Cocco Francis R $120,800
Previous Owner Reilly Thomas P $63,000
Previous Owner Hoster Robert L $99,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2024 05/24/24 Sold $373,000 -2.6% $285 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $383,000 0.0% $292 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $383,000 -2.8% $292 / Sq Ft
02/06/2024 02/06/24 Price Changed $393,900 -3.7% $300 / Sq Ft
01/08/2024 01/08/24 For Sale $409,000 +88.9% $312 / Sq Ft
04/03/2018 04/03/18 Sold $216,500 -3.7% $165 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $224,900 -- $172 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $2,942 $285,066 -- $285,066
2024 $2,925 $237,313 -- --
2023 $2,925 $215,739 $0 $0
2022 $2,607 $196,126 $0 $0
2021 $2,295 $178,296 $0 $178,296
2020 $2,271 $178,296 $0 $178,296
2019 $2,190 $170,430 $0 $170,430
2018 $1,448 $145,878 $0 $0
2017 $1,417 $142,878 $0 $0
2016 $1,373 $139,939 $0 $0
2015 $1,425 $138,966 $0 $0
2014 $1,690 $120,912 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224002384

Naples Area Board of REALTORS®

APN: 68390004020

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