NOT LISTED FOR SALE

Estimated Value: $3,216,000 - $10,889,479

3 Beds
2 Baths
2,126 Sq Ft
$3,298/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $8,750,000 $4,116 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $43,756/month

71 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Screened Porch
  • Lake Park Elementary School Rated A
  • Deck
  • Den

About This Home

As of August 2021

150 x 125 HUGE BEACH BLOCK LOT!! .43 ACRE! Live your dream life with the beach and 5th Avenue at your doorstep!! Build your ideal home on one of the largest lots south of 5th, with ample room for a 7,000 sf or much more home with expansive outdoor living including sun decks, fountains, fire pit gathering area, infinity pool, multiple garages, gardens, and all, just a few steps from the sunsets, sand and waves. OR, if you are looking for something simpler, but almost on the beach, remake the current home into a 5 bedroom cottage in an iconic downtown location! Drawings in photos are merely suggestions to inspire your creativity (not architectural renderings). Watch the sun set from your balcony or take a few steps to the beach where Neapolitans gather at sundown. Then stroll one block to the famed 5th Avenue, where the evening of fun and fare await. Shop, dine in one of your favorite restaurants, or stop to listen to the street side musicians. The home is rented most of the time, with returning rental income should you so choose. This is Coastal Living at its best!! With the size of this lot and the proximity to the beach, this is an opportunity you will regret missing.

Last Agent to Sell the Property

Mary Catherine White

Downing Frye Realty Inc. License #NAPLES-249511906 Listed on: 02/05/2021

Downing Frye Realty Inc.

Last Buyer's Agent

Mary Catherine White

Downing Frye Realty Inc. License #NAPLES-249511906 Listed on: 02/05/2021

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,961

Year Built

  • Built in 1962

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions: 150
  • West Facing Home
  • Fenced
  • Landscaped
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • On-Street Parking
  • Deeded Parking

Home Design

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

Interior Spaces

  • 2,126 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Picture Window
  • Entrance Foyer
  • Family or Dining Combination
  • Den
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Community Beach Access

Listing and Financial Details

  • Assessor Parcel Number 14002880007
  • Tax Block 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,961

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Legal Description: NAPLES T 1 BLK 14 LOTS 1-4, LESS E 8FT OF LOT 1 (R/W)
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.139173$-81.805982$217.13$13.33$1.00$f6ykptNpehYX1K_8IM2Qlg
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 4115.71
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2126
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Family Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, Laundry Tub, Pantry, Smoke Detectors, Window Coverings
  • Kitchen: Pantry
  • Windows: Picture, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Landscaped Area
  • Exterior Features: Deck, Fence, Patio
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved, Street

Utilities

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

Condo/Co-op/Association

  • Approval: Buyer
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: Beach Access
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Schools

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

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 2501
  • Waterfront: No
  • Acres: 0.4300
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 150 X 125
  • Parcel Number: 14002880007

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: City And County
  • Taxes: 40961.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Jun 29, 2021
Sold by
Nmp Naples Rental Llc
Bought by
Oberton Willard D and Oberton Shirley A
Seller's Agent
Mary Catherine White
Downing Frye Realty Inc.
Buyer's Agent
Mary Catherine White
Downing Frye Realty Inc.
List Price
$8,999,000
Sold Price
$8,750,000
Premium/Discount to List
-$249,000
-2.77%
Current Estimated Value
$7,012,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,737,840
Avg. Annual Appreciation
-4.88%

Purchase Details

Closed on
Nov 20, 2007
Sold by
Polayes Anne Catherine and Gibson Marshal D
Bought by
Nmp Naples Rental Llc

Purchase Details

Closed on
Mar 22, 2006
Sold by
Polayes Nicole
Bought by
Polayes Anne Catherine and Gibson Marshal D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oberton Willard D $8,750,000 Accommodation
Nmp Naples Rental Llc -- None Available
Polayes Anne Catherine -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $8,750,000 -2.8% $4,116 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $8,999,000 -- $4,233 / 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
2025 $85,082 $13,812,957 $6,594,720 $7,218,237
2024 $82,232 $9,067,740 -- --
2023 $82,232 $8,243,400 -- --
2022 $73,488 $7,494,000 $7,494,000 $0
2021 $50,146 $4,233,621 $0 $0
2020 $41,190 $3,848,746 $0 $0
2019 $40,961 $3,498,860 $0 $0
2018 $40,570 $3,180,782 $0 $0
2017 $39,869 $2,891,620 $0 $0
2016 $38,471 $2,628,745 $0 $0
2015 $38,670 $2,389,768 $0 $0
2014 $25,643 $2,172,516 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220043626

Naples Area Board of REALTORS®

APN: 14002880007