NOT LISTED FOR SALE

Estimated Value: $3,666,000 - $4,210,000

3 Beds
3.5 Baths
2,760 Sq Ft
$1,393/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $4,400,000 $1,594 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $22,394/month

26 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Outdoor Kitchen
  • Lake Park Elementary School Rated A
  • Wood Flooring
  • Screened Porch

About This Home

As of March 2024

Situated on a quiet street in Old Naples and offers a very private beautifully designed backyard with southern exposure. Three bedrooms plus study with wonderful features and quality throughout. Enter through the impressive double doors and be greeted by a beautiful foyer to the great room with high ceilings, wood-plank floors and a view out to the lush backyard. Enjoy your time outdoors in the spacious screened-in lanai with plenty of space to dine, entertain and relax. The well-laid-out first floor offers a spacious primary suite, great room with glass sliders out to the pool area, downstairs office and dining area, and upstairs has two generous-sized en-suite guest rooms. Two-car garage and all a quick golf cart ride to the beaches, the new Four Seasons Resort, 5th Avenue and 3rd Street. This is the ideal family or vacation home and a great opportunity to live the Old Naples lifestyle with easy access in and out downtown.

Last Agent to Sell the Property

Paul Arpin

Premier Sotheby's Int'l Realty Listed on: 12/28/2023

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Roger Perry

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,611

Year Built

  • Built in 2019

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions: 84
  • West Facing Home
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,760 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Tray Ceiling
  • Cathedral Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Family or Dining Combination
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • High Impact Windows
  • High Impact Door

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Outdoor Kitchen
  • Lanai

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Olde Naples Community

Listing and Financial Details

  • Assessor Parcel Number 17914880008
  • Tax Block 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,611

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Legal Description: RIDGE LAKE BLK 8 LOT 10 OR 2012 PG 1316
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.154402$-81.798197$209.38$13.33$1.00$HEolO3S9CkeA9YNftVyBmg
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Partially Furnished
  • Price Per Sq Ft: 1594.20
  • Total Floors: 2
  • Additional Rooms: Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch
  • Estimated Living Area: 2760
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Family Dining, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Wine Cooler
  • Flooring: Tile, Wood
  • Floor Plan: Other
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Foyer, Laundry Tub, Pantry, Tray Ceiling, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Outdoor Kitchen
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

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
  • Development Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Community Type: Non-Gated
  • Units In Building: 1

Schools

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

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 3000
  • Waterfront: No
  • Acres: 0.2200
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 84 X 115
  • Parcel Number: 17914880008

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 21611.00
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Feb 29, 2024
Sold by
Wild Cherry Investments Llc
Bought by
Paul J Ferak Declaration Of Trust and Tracy G Ferak Declaration Of Trust
Seller's Agent
Paul Arpin
Premier Sotheby's Int'l Realty
Buyer's Agent
Roger Perry
John R Wood Properties
List Price
$4,900,000
Sold Price
$4,400,000
Premium/Discount to List
-$500,000
-10.2%
Views
22
Current Estimated Value
$3,844,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$555,530
Avg. Annual Appreciation
-7.04%
Original Mortgage
$3,300,000
Outstanding Balance
$3,230,129
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$614,341

Purchase Details

Closed on
Dec 5, 2018
Sold by
Farrow Robert Henry Alban and Farrow Paula Janice
Bought by
Wild Cherry Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 2012
Sold by
Yzaguirre Cynthia O
Bought by
Farrow Robert Henry Alban and Farrow Paula Janice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Pappas Despina Ann
Bought by
Yzaguirre Cynthia O

Purchase Details

Closed on
Dec 15, 1994
Sold by
Ewing Andrew W and Ewing Emilia F
Bought by
Pappas Despina Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Interest Rate
9.07%
Source: Public Records
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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
Paul J Ferak Declaration Of Trust $4,400,000 None Listed On Document
Paul J Ferak Declaration Of Trust $4,400,000 None Listed On Document
Wild Cherry Investments Llc -- Attorney
Farrow Robert Henry Alban $460,000 Sunbelt Title Agency
Yzaguirre Cynthia O $740,000 First Fidelity Title
Pappas Despina Ann $178,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul J Ferak Declaration Of Trust $3,300,000
Closed Paul J Ferak Declaration Of Trust $3,300,000
Previous Owner Wild Cherry Investments Llc $1,200,000
Previous Owner Farrow Robert Henry Alban $322,000
Previous Owner Pappas Despina Ann $133,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $4,400,000 -10.2% $1,594 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $4,900,000 -- $1,775 / 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 $27,488 $4,006,481 $1,932,000 $2,074,481
2024 $27,079 $2,803,117 -- --
2023 $27,079 $2,548,288 $0 $0
2022 $26,575 $2,316,625 $0 $0
2021 $21,611 $2,106,023 $881,097 $1,224,926
2020 $20,561 $1,958,009 $0 $0
2019 $10,644 $803,033 $0 $0
2018 $7,479 $730,030 $672,840 $57,190
2017 $9,746 $792,727 $0 $0
2016 $9,187 $720,661 $0 $0
2015 $8,381 $655,146 $0 $0
2014 $7,273 $595,587 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223094521

Naples Area Board of REALTORS®

APN: 17914880008