NOT LISTED FOR SALE

Estimated Value: $7,141,604 - $9,983,000

4 Beds
5 Baths
9,826 Sq Ft
$849/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $6,450,000 $656 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $50,645/month

3 Days on Market

About This Home

As of May 2017

Absolutely one of the most exciting properties to come to the market this season, 78 Broad Avenue South embodies the Old Naples spirit in a way that is nearly impossible to match. Located on the beach block, just a short stroll to the Old Naples Pier and the shops and restaurants on Third Street South, the home allows its owner to enjoy the very best of the Naples lifestyle. This home features 4,295 square feet of living space and a serene outdoor area with abundant privacy surrounding a pool and spa that benefit from western exposure. Covered porches from several rooms add to the ambiance and even give views of the Gulf of Mexico from the master suite and the guest quarters. The white bead board kitchen with marble countertops and Viking gas range will be the centerpiece for important gatherings for years to come. The second-floor master suite has a private sitting area, an ensuite that features a hand-carved subway tile shower and a separate jetted tub.

Last Agent to Sell the Property

Karen Van Arsdale

Premier Sotheby's Int'l Realty Listed on: 12/05/2016

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Peter Reppucci

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $81,107

Year Built

  • 1987

Lot Details

  • 0.43

Parking

  • Deeded Parking

Interior Spaces

  • 9,826 Sq Ft Home
  • 2-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$81,107

Year Built

1987

Lot Details

0

Listing Details

  • Legal Description: NAPLES T 1 BLK 8 W 25FT OF LOT 4 + ALL OF LOTS 5-7
  • Street View Param: 1$26.132537$-81.80535099999997$166.47$13.33$1.00$q6KBI4hqjL3HjjtsYeYwfQ
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Additional Rooms: Balcony, Family Room, Florida Room, Laundry in Residence, Open Porch/Lanai
  • Dining Room: Breakfast Bar, Family Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Gas Grill, Stand-Alone Ice Maker, Microwave, Range, Refrigerator, Security System, Self Cleaning Oven, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Tile, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, High Speed Available, Laundry Tub, Walk-In Closet, Wet Bar, Window Coverings
  • Primary Bathroom: Dual Sinks, Jetted Tub, Multiple Shower Heads, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1501.75
  • Total Floors: 2

Exterior Features

  • Roof: Metal
  • Exterior Features: Built In Grill, Deck, Decorative Shutters, Fence, Outdoor Shower, Sprinkler Auto
  • Construction: Wood Frame
  • Exterior Features: Built In Grill, Deck, Decorative Shutters, Fence, Outdoor Shower, Sprinkler Auto
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Equipment Stays
  • Private Spa: Below Ground, Concrete, Equipment Stays
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Casement

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Security: Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Guest Room
  • Restrictions: Deeded
  • Sub Condo Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: West
  • View: Landscaped Area
  • Lot Dimensions: 125 X 150
  • Lot Back: 125
  • Lot Frontage: 125
  • Lot Left: 150
  • Lot Right: 150
  • Lot Unit: 4
  • Section: 9
  • Total Area: 9826

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2016
Closed on
May 31, 2017
Sold by
Fogg Philippa T and Fogg David C
Bought by
Payne William R and Payne Jilane M
Seller's Agent
Karen Van Arsdale
Premier Sotheby's Int'l Realty
Buyer's Agent
Peter Reppucci
Premier Sotheby's Int'l Realty
List Price
$6,950,000
Sold Price
$6,450,000
Premium/Discount to List
-$500,000
-7.19%
Current Estimated Value
$8,343,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,893,151
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Apr 14, 2014
Sold by
Fogg David C and Fogg Philippa T
Bought by
The Philippa T Fogg Revocable Trust and Fogg David C

Purchase Details

Closed on
Feb 15, 2005
Sold by
Koenig Thomas E and Koenig Sonja L
Bought by
Fogg David C and Fogg Philippa T

Purchase Details

Closed on
Nov 3, 2003
Sold by
Kelly Charles M
Bought by
Koenig Thomas E and Koenig Sonja L
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
Payne William R $6,450,000 None Available
The Philippa T Fogg Revocable Trust -- Attorney
Fogg David C $2,795,000 Heritage Title Svcs Llc
Koenig Thomas E $1,900,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $6,450,000 -7.2% $656 / Sq Ft
12/08/2016 12/08/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $6,950,000 -- $707 / 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 $81,107 $7,125,592 $6,594,720 $530,872
2024 $78,605 $7,235,005 -- --
2023 $78,605 $6,531,653 $0 $0
2022 $71,367 $5,937,866 $0 $0
2021 $61,051 $5,398,060 $0 $0
2020 $49,817 $4,907,327 $4,278,489 $628,838
2019 $53,264 $5,189,837 $4,551,584 $638,253
2018 $53,057 $5,179,170 $4,621,300 $557,870
2017 $25,501 $2,512,513 $0 $0
2016 $25,074 $2,460,835 $0 $0
2015 $25,598 $2,443,729 $0 $0
2014 $25,696 $2,374,334 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216069982

Naples Area Board of REALTORS®

APN: 14000960000