NOT LISTED FOR SALE

Estimated Value: $337,688 - $411,000

2 Beds
2 Baths
1,232 Sq Ft
$918/mo HOA Fee

Last Sold October 07, 2022

Last sale price $378,000 $307 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,241/month

22 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Private Membership Available
  • Calusa Park Elementary School Rated A-
  • Lake View
  • Clubhouse

About This Home

As of October 2022

C6851 - Experience a lifestyle of elegance, fitness and and tranquility at Naples Heritage from the comfort of this upgraded condo with gorgeous lake, golf course and preserve views. Enjoy relaxing sunsets from the screened lanai or entertain inside in the spacious floorplan that offers flexibility for both casual and formal entertaining. The kitchen is outfitted with SS appliances and granite countertops. Neutral wood floors and tile add to the charm of this home while the split bedrooms allow a guest to enjoy privacy with a virtual ensuite. Spread over 550 acres of land with 250+ acres of natural preserves and wildlife, the community has undergone expansion and renovation in recent years to include a championship Par 72 course, new Putting green, a 15,000 square foot clubhouse, a State of the Art Fitness Facility, a new Resort Style Pool and Spa plus Three Satellite Community Pools, a new Pool Side Dining restaurant, and boasts a robust Racquet Program with 6 Har-Tru Tennis Courts, 1 Hard Court, 4 Pickleball courts, and 2 Bocce courts. Of course, Naples famous Gulf Beaches, shopping and dining are within a short drive for the best of all worlds.

Last Agent to Sell the Property

Lynne Hancock

John R Wood Properties License #NAPLES-249521878 Listed on: 08/12/2022

John R Wood Properties

Co-Listed By

Elise Mittler

Compass Florida LLC License #NAPLES-288559384

Last Buyer's Agent

Mary Jo Chamberlin

John R Wood Properties License #NAPLES-249521654

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,293

Year Built

  • Built in 1998

Lot Details

  • Northwest Facing Home
  • Gated Home

HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Mid Level
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Breakfast Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Deeded Parking

Schools

  • Calusa Park Elementary School
  • East Naples Middle School
  • Lely High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 76526000385

Community Details

Overview

  • $5,000 Membership Fee
  • 30 Units
  • Private Membership Available
  • Terrace At Arbor Lakes Condos

Amenities

  • Restaurant
  • Clubhouse
  • Elevator

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,293

Year Built

Built in 1998

Lot Details

0

HOA Fees

$918 per month

Listing Details

  • Legal Description: TERRACE I AT ARBOR LAKES A CONDOMINIUM UNIT 333
  • Property Type: Residential
  • Table: Residential
  • Building Design: Mid Rise (4-7)
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 3
  • Price Per Sq Ft: 306.82
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1232
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Breakfast Room, Living Dining
  • Elevator: Common
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Walk-In Closet
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road
  • View: Golf Course, Lake
  • Exterior Finish: Stucco

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-591-4200
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: TERRACE AT ARBOR LAKES
  • Condo Fees: 850
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Golf Course, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Trash Removal, Water
  • Club Fee Mandatory: 7621
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Naples Heritage
  • Amenities: Bocce Court, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Golf Course, Internet Access, Pickleball, Private Membership, Putting Green, Restaurant, Tennis Court
  • Community Type: Gated, Golf Course
  • Units In Building: 30
  • Total Number of Units: 799

Fee Information

  • Special Assessment: 700.00
  • Special Assessment Frequency: Annually
  • Application Fee: 100.00
  • One Time Mandatory Club Fee: 5000

Schools

  • Elementary School: CALUSA PARK ELEMENTARY SCHOOL
  • Middle School: EAST NAPLES MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Calusa Park Elementary School
  • High School: Lely High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 333
  • Section: 9
  • Total Area: 1232
  • Waterfront: No
  • Rear Exposure: Northwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 76526000385

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Community Development District
  • Taxes: 1292.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2022
Closed on
Oct 5, 2022
Sold by
Mcvay Patrick K
Bought by
7625 Arbor Lakes 333 Lp
Seller's Agent
Lynne Hancock
John R Wood Properties
Buyer's Agent
Mary Jo Chamberlin
John R Wood Properties
List Price
$399,000
Sold Price
$378,000
Premium/Discount to List
-$21,000
-5.26%
Views
14
Current Estimated Value
$374,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,445
Avg. Annual Appreciation
0.07%

Purchase Details

Closed on
Apr 17, 2003
Sold by
Musarra Phillip C and Musarra Dawn S
Bought by
Mcvay Patrick K and Mcvay Nancy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
5.6%

Purchase Details

Closed on
Oct 5, 1998
Sold by
U S Home Corp
Bought by
Musarra Philip C and Musarra Dawn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
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List Price
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
7625 Arbor Lakes 333 Lp $378,000 --
Mcvay Patrick K $168,000 --
Musarra Philip C $134,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcvay Patrick K $103,950
Previous Owner Musarra Philip C $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $378,000 -5.3% $307 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $399,000 -- $324 / 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 $3,047 $276,112 $0 $276,112
2022 $1,287 $143,541 $0 $0
2021 $1,293 $139,360 $0 $139,360
2020 $1,292 $139,917 $0 $0
2019 $1,265 $136,771 $0 $0
2018 $989 $134,221 $0 $0
2017 $942 $131,460 $0 $0
2016 $1,137 $128,756 $0 $0
2015 $1,146 $127,861 $0 $0
2014 $1,158 $77,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222061168

Naples Area Board of REALTORS®

APN: 76526000385