$1,510,000
SOLD JAN 31, 2014

7889 Cocobay Dr Unit 11 Naples, FL 34108

Pelican Bay Neighborhood
3 Beds
4 Baths
2,928 Sq Ft
1994 Built

Recently Sold

$516 Per Sq Ft

4% Below List Price

65 Days on Market

About This Home

As of November 2020

Filled with an abundance of natural light, this beautiful lakefront villa is something to be desired. One of 33 detached villa homes in the sought-after gated community of CocoBay, this villa features volume 14-foot ceilings, a spacious floor plan and sli

Last Agent to Sell the Property

Friley Saucier

Premier Sotheby's Int'l Realty License #NAPLES-249514896 Listed on: 10/09/2013

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Lori Sherrill

Hartford Realty LLC License #NAPLES-249500714

Property Details

Home Type

Other

Est. Annual Taxes

$10,008

Year Built

1994

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 1994

Interior Features

  • Additional Rooms: Laundry in Residence
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Breakfast Room
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Intercom, Microwave, Refrigerator, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Floor Plan: Courtyard
  • Flooring: Tile
  • Interior Amenities: French Doors, Laundry Tub, Pantry, Smoke Detectors, Volume Ceiling
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Room Count: 8

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Courtyard, Patio, Privacy Wall
  • Exterior Finish: Stucco
  • Guest House: Cabana
  • Irrigation: Reclaimed
  • Private Pool: Below Ground
  • Private Spa: Below Ground
  • Roof: Tile
  • Storm Protection: Electric Shutters
  • Windows: Picture, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Amenities: Beach - Private, Beach Access, Bike And Jog Path, Business Center, Community Room, Exercise Room, Fitness Center Attended, Private Beach Pavilion, Private Membership, Sidewalk, Streetlight, Tennis Court
  • Community Type: Gated, Golf Equity, Tennis
  • Maintenance: Cable, Fidelity Bond, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Street Lights, Water

Fee Information

  • Condo Fees: 3084
  • Condo Fee Frequency: Quarterly
  • Master HOA Fee: 1664
  • Master HOA Fee Frequency: Annually

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: North
  • View: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 19, 2020
Sold by
Kernaghan Jackie
Bought by
Olmanson Carleton and Olmanson Cindy
Seller's Agent
Lisa Ruffolo
Naples Realty Services, Inc.
Buyer's Agent
Lisa Ruffolo
Naples Realty Services, Inc.
List Price
$2,226,520
Sold Price
$2,226,520
Current Estimated Value
$2,988,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$761,619
Avg. Annual Appreciation
9.08%
Original Mortgage
$1,500,000
Outstanding Balance
$1,352,932
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,994,267

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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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $2,226,520 None Listed On Document
Special Warranty Deed $1,510,000 Attorney
Quit Claim Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,175,000 --
Warranty Deed $650,000 --
Warranty Deed $644,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Previous Owner $400,000 Purchase Money Mortgage
Previous Owner $250,000 Purchase Money Mortgage
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
11/12/2020 11/12/20 Pending -- -- --
09/10/2020 09/10/20 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: 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
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: Naples Area Board of REALTORS®

MLS Number: 213505576

Naples Area Board of REALTORS®

APN: 26175000223