NOT LISTED FOR SALE

7870 Mahogany Run Ln Unit 1721 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $370,610 - $416,000

2 Beds
2 Baths
1,062 Sq Ft
$1,047/mo HOA Fee

Last Sold July 02, 2024

Last sale price $418,000 $394 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,401/month

88 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • End Unit
  • Golf Course Community
  • Vaulted Ceiling
  • Water Fountains

About This Home

As of July 2024

A GREAT INVESTMENT OPPORTUNITY! INCLUDES 42 ROUNDS OF GOLF. Located in the PRESTIGIOUS community of LELY RESORT in NAPLES, FL. The assessment of $19,000 has been paid in full for a true turnkey opportunity. New metal roof, refreshed building exterior, tastefully decorated interior, vaulted ceilings, granite countertops, full-size washer and dryer, lake view from the master bedroom with a touch of privacy, spacious guest bedroom fits 2 queen size beds, steps to the community pool, amenities, and a two-minute walk to Sam Sneads Oak Grill and Tavern. Walking and biking Lely Resort is safe and the ideal community for outdoor exercise. This is an investors dream with on-site property management (optional) and 42 rounds of golf to use at your leisure. With a handful of public golf courses in the Naples area, 2 are in your backyard and 3 are within a 10 minute drive. Only 20 minutes to Downtown Naples or Marco Island, makes this the ideal location for those who love to venture out and experience the Island Life or the Bougie Life.

Last Agent to Sell the Property

Shannon Cantu, PA

Premiere Plus Realty Company License #NAPLES-249526933 Listed on: 03/23/2024

Premiere Plus Realty Company

Last Buyer's Agent

Cheryl Johnigean

ENGEL & VOELKERS NAPLES License #NAPLES-270526127

ENGEL & VOELKERS NAPLES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • End Unit
  • South Facing Home
  • Sprinkler System

HOA Fees

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,062 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Paved Parking
  • Deeded Parking

Outdoor Features

  • Screened Balcony
  • Patio
  • Water Fountains

Schools

  • Lely Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46686000349

Community Details

Overview

  • $2,536 Secondary HOA Transfer Fee
  • 12 Units
  • Low-Rise Condominium
  • Greenlinks Condos
  • Lely Resort Community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets up to 35 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Additional Features

  • Restaurant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,258

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,047 per month

Listing Details

  • Legal Description: GREENLINKS I A CONDOMINIUM UNIT 1721
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.086163$-81.698247$143.06$13.33$1.00$TKa5uowcYC9kZXz-xmDINg
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Year Built: 2000
  • Directions: Take Collier Blvd to Grand Lely Dr, head west on Grand Lely Dr. Turn left on Lely Resort Blvd and left on Mahogany Run Ln.
  • Property Information: A GREAT INVESTMENT OPPORTUNITY! INCLUDES 42 ROUNDS OF GOLF. Located in the PRESTIGIOUS community of LELY RESORT in NAPLES, FL. The assessment of $19,000 has been paid in full for a true turnkey opportunity. New metal roof, refreshed building exterior, tastefully decorated interior, vaulted ceilings, granite countertops, full-size washer and dryer, lake view from the master bedroom with a touch of privacy, spacious guest bedroom fits 2 queen size beds, steps to the community pool, amenities, and a two-minute walk to Sam Sneads Oak Grill and Tavern. Walking and biking Lely Resort is safe and the ideal community for outdoor exercise. This is an investors dream with on-site property management (optional) and 42 rounds of golf to use at your leisure. With a handful of public golf courses in the Naples area, 2 are in your backyard and 3 are within a 10 minute drive. Only 20 minutes to Downtown Naples or Marco Island, makes this the ideal location for those who love to venture out and experience the Island Life or the Bougie Life.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 393.60
  • Total Floors: 2
  • Room Count: 2
  • Additional Rooms: Screened Balcony
  • Estimated Living Area: 1062
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Internet Available, Pantry, Smoke Detectors, Vaulted Ceiling
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Public Road
  • View: Lake, Water Feature
  • Exterior Features: Patio, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Parking: Common, Paved Parking

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 2397477227
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial
  • Sub Condo Name: GREENLINKS
  • Condo Fees: 2085
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 99
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 4124.06
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 35
  • Development: Lely Resort
  • Amenities: Bike And Jog Path, Bocce Court, Community Pool, Community Room, Fitness Center Attended, Golf Course, Pickleball, Restaurant, Sidewalk, Streetlight, Tennis Court
  • Community Type: Golf Course, Non-Gated
  • Units In Building: 12
  • Total Number of Units: 200

Fee Information

  • Transfer Fees: 2535.81

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • Middle School: MANATEE MIDDLE SCHOOL
  • High School: LELY HIGH SCHOOL
  • Elementary School: Lely Elementary School
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 1721
  • Section: 27
  • Total Area: 1062
  • Waterfront: Yes
  • Rear Exposure: South
  • Lot Description: Other
  • Parcel Number: 46686000349

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 3257.64
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jun 28, 2024
Sold by
Spinward Company Llc
Bought by
Red Elephant Properties Llc
Seller's Agent
Shannon Cantu, PA
Premiere Plus Realty Company
Buyer's Agent
Cheryl Johnigean
ENGEL & VOELKERS NAPLES
List Price
$464,000
Sold Price
$418,000
Premium/Discount to List
-$46,000
-9.91%
Views
33
Current Estimated Value
$393,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,347
Avg. Annual Appreciation
-4.80%

Purchase Details

Listed on
Jul 17, 2022
Closed on
Aug 12, 2022
Sold by
Schutz Lisa A
Bought by
Spinward Company Llc
Seller's Agent
Emily Loveall
DomainRealty.com LLC
Buyer's Agent
Shannon Cantu, PA
Premiere Plus Realty Company
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%

Purchase Details

Closed on
Feb 3, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Schutz Lisa A

Purchase Details

Closed on
May 6, 2009
Sold by
Hager Louis R
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 16, 2005
Sold by
Craiger Of Albany Ny Inc
Bought by
Hager Louis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
1.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2001
Sold by
Lely Golf Villas I Ltd Ptnr
Bought by
Craiger Albany Ny Inc and Paper Mill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,200
Interest Rate
7.18%
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
Red Elephant Properties Llc $418,000 Title Plus
Spinward Company Llc $420,000 Florida Title & Guarantee Agen
Schutz Lisa A $80,000 North American Title Company
Jpmorgan Chase Bank National Association -- None Available
Hager Louis R $220,000 Marco Title Services Inc
Craiger Albany Ny Inc $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hager Louis R $176,000
Previous Owner Craiger Albany Ny Inc $132,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $418,000 -3.9% $394 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $435,000 -1.1% $410 / Sq Ft
04/19/2024 04/19/24 Price Changed $440,000 -5.2% $414 / Sq Ft
03/23/2024 03/23/24 For Sale $464,000 +10.5% $437 / Sq Ft
08/17/2022 08/17/22 Sold $420,000 -5.6% $395 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $445,000 0.0% $419 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $445,000 +1.1% $419 / Sq Ft
07/17/2022 07/17/22 For Sale $440,000 -- $414 / 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 $3,303 $319,042 -- $319,042
2024 $3,258 $310,546 -- $310,546
2023 $3,258 $298,864 $0 $298,864
2022 $2,205 $155,993 $0 $0
2021 $1,783 $141,812 $0 $141,812
2020 $1,727 $138,626 $0 $138,626
2019 $1,692 $131,258 $0 $0
2018 $1,587 $119,325 $0 $0
2017 $1,534 $108,477 $0 $0
2016 $1,400 $98,615 $0 $0
2015 $1,293 $89,650 $0 $0
2014 -- $81,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224027625

Naples Area Board of REALTORS®

APN: 46686000349