NOT LISTED FOR SALE

Estimated Value: $6,140,000 - $11,140,788

3 Beds
4.5 Baths
3,961 Sq Ft
$2,027/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $7,920,000 $1,999 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $47,169/month

91 Days on Market

Highlights

  • Deeded Boat Dock
  • Boating
  • Home fronts navigable water
  • Lake Park Elementary School Rated A
  • 1 Bedroom Guest House
  • Boat Lift

About This Home

As of October 2020

Build Your Dream Home!! This is a Rare Opportunity to own over 28,000 sq. ft of one of Naples, Florida’s most Coveted Waterfront Properties and it's Spectacular Views. Unique Boaters Dream…450 Feet of Direct Gulf Access Waterfront Overlooking Tranquil Crayton Cove to the Clubhouse and Marina of the Naples Yacht Club, as well as an Expansive View of Naples Bay!!. You’ll Love the Location in Olde Naples Closest "Bay to Beach" Neighborhood, Aqualane Shores. Just 1 1/2 blocks to the Iconic Third Street Shoppes and Restaurants and a Short Stroll to the Beach!!

Last Agent to Sell the Property

Ted Wilmering

Alfred Robbins Realty Group Listed on: 07/01/2020

Co-Listed By

Lauren Wilmering

Alfred Robbins Realty Group

Last Buyer's Agent

Ted Wilmering

Alfred Robbins Realty Group Listed on: 07/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,232

Year Built

  • Built in 1950

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions: 200
  • Home fronts navigable water
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Cul-De-Sac
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Canal

Home Design

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

Interior Spaces

  • 3,961 Sq Ft Home
  • 1-Story Property
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Great Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • No Fixed Bridges
  • Intersecting Canals
  • Rip-Rap
  • Boat Lift
  • Boat Slip
  • Deeded Boat Dock
  • Covered Dock
  • Dock made with concrete
  • Pond
  • Deck
  • Patio
  • Water Fountains
  • Lanai
  • Outdoor Gas Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

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

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Cable TV Available

Community Details

  • Boating
  • Gulf Boat Access

Listing and Financial Details

  • Assessor Parcel Number 01732480007
  • Tax Block 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,232

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Legal Description: AQUALANE SHORES UNIT 1 BLK 3 LOT 17
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.12832725118681$-81.7949343112012$123.44$13.33$1.00$yUYZi4pydNvm-4fXIMhZFA
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 1999.50
  • Total Floors: 1
  • Additional Rooms: Great Room, Guest Room, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Estimated Living Area: 3961
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Generator, Gas Grill, Stand-Alone Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Cooler
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Cathedral Ceiling, French Doors, Pantry
  • Kitchen: Gas Available
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Canal Width: 200+
  • Construction: Concrete Block
  • Gulf Access Type: No Bridge(s)/Water Direct
  • Boat Access: Boat Canopy/Cover, Boat Dock Private, Boat Lift, Boat Slip, Concrete Dock, Dock Deeded, Dock Included
  • Irrigation: Central
  • Road: Cul-De-Sac
  • View: Bay, Canal
  • Exterior Features: Built In Grill, Deck, Extra Building, Patio, Pond, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom
  • Private Pool Type: Below Ground
  • Waterfront Type: Bay, Canal, Intersecting Canal, Navigable, Rip Rap

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: AQUALANE SHORES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Aqualane Shores
  • Community Type: Boating
  • 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: 10
  • Total Area: 4796
  • Waterfront: Yes
  • Acres: 0.6400
  • Rear Exposure: South
  • Lot Description: Dead End, Irregular Shape, Oversize
  • Lot Dimensions: 200 X 247 X 200 X 40
  • Parcel Number: 01732480007

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: Homestead
  • Taxes: 36232.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 23, 2020
Sold by
Sarbello Michael and Sarbello Lois
Bought by
Germain Zachary S
Seller's Agent
Ted Wilmering
Alfred Robbins Realty Group
Buyer's Agent
Ted Wilmering
Alfred Robbins Realty Group
List Price
$8,900,000
Sold Price
$7,920,000
Premium/Discount to List
-$980,000
-11.01%
Current Estimated Value
$8,027,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,596
Avg. Annual Appreciation
0.26%
Original Mortgage
$4,900,000
Outstanding Balance
$4,350,344
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$3,677,252

Purchase Details

Closed on
Oct 28, 1997
Sold by
Ryan Robert L and Smith Jeffrey D
Bought by
Sarbello Michael and Sarbello Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1996
Sold by
Davis Douglas Barry and Davis Leola Denise
Bought by
Smith Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Germain Zachary S $7,920,000 Attorney
Sarbello Michael $1,498,600 --
Smith Jeffrey D $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Germain Zachary S $4,900,000
Previous Owner Sarbello Michael $1,000,000
Previous Owner Smith Jeffrey D $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $7,920,000 -9.5% $1,999 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $8,750,000 -1.7% $2,209 / Sq Ft
07/01/2020 07/01/20 For Sale $8,900,000 -- $2,247 / 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 $64,798 $7,365,444 -- --
2024 $58,729 $7,146,603 -- --
2023 $58,729 $6,384,967 $0 $0
2022 $65,606 $6,728,830 $0 $0
2021 $66,645 $6,532,845 $5,826,586 $706,259
2020 $37,497 $3,649,935 $0 $0
2019 $36,232 $3,567,874 $0 $0
2018 $35,483 $3,501,348 $0 $0
2017 $34,947 $3,429,332 $0 $0
2016 $34,364 $3,358,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220041294

Naples Area Board of REALTORS®

APN: 01732480007