NOT LISTED FOR SALE

7889 Cocobay Dr Unit 11 Naples, FL 34108

Pelican Bay Neighborhood

Estimated Value: $2,475,000 - $3,513,000

3 Beds
4 Baths
2,928 Sq Ft
$1,533/mo HOA Fee

Last Sold November 19, 2020

Last sale price $2,226,520 $760 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $18,410/month

7 Days on Market

Highlights

  • Community Beach Access
  • Fitness Center
  • Gated Community
  • Sea Gate Elementary School Rated A
  • In Ground Pool
  • Pond View

About This Home

As of November 2020

This home is located at 7889 Cocobay Dr Unit 11, Naples, FL 34108 since 12 November 2020 and is currently estimated at $2,944,326, approximately $1,005 per square foot. This property was built in 1994. 7889 Cocobay Dr Unit 11 is a home located in Collier County with nearby schools including Sea Gate Elementary School, Pine Ridge Middle School, and Barron Collier High School.

Last Agent to Sell the Property

Lisa Ruffolo

ERA Naples Realty Services License #249525668 Listed on: 11/12/2020

Last Buyer's Agent

Lisa Ruffolo

ERA Naples Realty Services License #249525668 Listed on: 11/12/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,751

Year Built

  • Built in 1994

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Villa
  • Courtyard Style Home
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Electric Shutters
  • Display Windows
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Pond Views
  • Burglar Security System

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Sea Gate Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Courtyard
  • South Facing Home

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 26175000223

Community Details

Overview

  • 33 Units
  • Association Phone (239) 593-1233
  • Cocobay Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Tennis Courts
  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,751

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,533 per month

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: COCOBAY
  • Architectural Style: Courtyard, See Remarks
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Year Built: 1994
  • Property Sub Type Additional: Attached,Villa
  • Association Fee 3 Frequency: Quarterly
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Spa Features: In Ground
  • Private Spa: Yes
  • Appliances: Cooktop, Dishwasher, Freezer, Disposal, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Breakfast Area, Bathtub, Dual Sinks, French Door(s)/Atrium Door(s), High Ceilings, Jetted Tub, Living/Dining Room, Separate Shower
  • Living Area: 2928.0
  • Dining Room Type: Other
  • Stories: 1
  • Window Features: Display Window(s), Sliding, Impact Glass

Exterior Features

  • Lot Features: See Remarks, Pond on Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Pond
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Courtyard, Shutters Electric
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Burglar Alarm (Monitored), Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Tennis Court(s)
  • Amenities: Beach Access, Clubhouse, Fitness Center, Management
  • Association Fee: 2396.0
  • Association Fee Frequency: Annually
  • Phone: (239) 593-1233
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium
  • HOA Fee 3: 4000.0

Fee Information

  • Association Fee Includes: See Remarks

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • High School: BARRON COLLIER HIGH SCHOOL
  • Middle Or Junior School: PINE RIDGE MIDDLE SCHOOL

Lot Info

  • Parcel #: 26175000223

Multi Family

  • Number Of Units In Community: 33

Tax Info

  • Tax Annual Amount: 17751.0
  • Tax Lot: 11
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Nov 19, 2020
Sold by
Kernaghan Jackie
Bought by
Olmanson Carleton and Olmanson Cindy
Seller's Agent
Lisa Ruffolo
ERA Naples Realty Services
Buyer's Agent
Lisa Ruffolo
ERA Naples Realty Services
List Price
$2,226,520
Sold Price
$2,226,520
Current Estimated Value
$2,944,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,806
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,500,000
Outstanding Balance
$1,337,829
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,606,497

Purchase Details

Listed on
Oct 9, 2013
Closed on
Jan 30, 2014
Sold by
Mosling Stephen P
Bought by
Kernaghan Jackie
Seller's Agent
Friley Saucier
Premier Sotheby's Int'l Realty
Buyer's Agent
Lori Sherrill
Hartford Realty LLC
List Price
$1,575,000
Sold Price
$1,510,000
Premium/Discount to List
-$65,000
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Mosling Stephen P
Bought by
Mosling Stephen P

Purchase Details

Closed on
Apr 15, 2003
Sold by
Mosling Stephen P
Bought by
Vumbacco Joseph and Vumbacco V

Purchase Details

Closed on
Nov 27, 1996
Sold by
Park Desmond Stephen and Park Kiri Jeanette
Bought by
Vumbacco Joseph and Vumbacco V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 1994
Sold by
P H D Assoc Naples Ltd
Bought by
Park Desmond Stephen and Park Kiri Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Olmanson Carleton $2,226,520 None Listed On Document
Kernaghan Jackie $1,510,000 Attorney
Kernaghan Jackie -- Attorney
Mosling Stephen P -- Attorney
Vumbacco Joseph $1,175,000 --
Vumbacco Joseph $650,000 --
Park Desmond Stephen $644,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olmanson Carleton $1,500,000
Closed Olmanson Carleton $1,500,000
Previous Owner Vumbacco Joseph $400,000
Previous Owner Park Desmond Stephen $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $2,226,520 0.0% $760 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $2,226,520 +47.5% $760 / Sq Ft
01/31/2014 01/31/14 Sold $1,510,000 -4.1% $516 / Sq Ft
12/13/2013 12/13/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $1,575,000 -- $538 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2024 $10,008 $2,686,435 -- $2,686,435
2023 $10,008 $645,335 $0 $0
2022 $21,320 $1,760,110 $0 $0
2021 $18,633 $1,600,100 $0 $1,600,100
2020 $17,629 $1,528,075 $0 $1,528,075
2019 $17,751 $1,528,075 $0 $1,528,075
2018 $17,061 $1,444,900 $0 $1,444,900
2017 $16,217 $1,390,260 $0 $1,390,260
2016 $16,856 $1,441,825 $0 $0
2015 $15,389 $1,310,750 $0 $0
2014 $13,570 $1,131,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220057820

Florida Gulf Coast Multiple Listing Service

APN: 26175000223