$2,226,520
SOLD NOV 19, 2020

7889 Cocobay Dr Unit 11 Naples, FL 34108

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

Recently Sold

$760 Per Sq Ft

63 Days on Market

Highlights

  • Private Beach Club
  • In Ground Pool
  • Clubhouse
  • Sea Gate Elementary School Rated A
  • Pond View
  • Pond

About This Home

As of November 2020

This home is located at 7889 Cocobay Dr Unit 11, Naples, FL 34108 and is currently priced at $2,226,520, approximately $760 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

Naples Realty Services, Inc. License #NAPLES-249525668 Listed on: 09/10/2020

Last Buyer's Agent

Lisa Ruffolo

Naples Realty Services, Inc. License #NAPLES-249525668 Listed on: 09/10/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,751

Year Built

  • Built in 1994

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Villa
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,928 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Electric Shutters
  • Picture Window
  • Sliding Windows
  • French Doors
  • Combination Dining and Living Room
  • Breakfast Room
  • Tile Flooring
  • Pond Views
  • Monitored

Kitchen

  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Pond
  • Courtyard

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • North Facing Home
  • Guest house includes a cabana

Listing and Financial Details

  • Assessor Parcel Number 26175000223

Community Details

Overview

  • $7,500 Secondary HOA Transfer Fee
  • Cocobay Condos

Amenities

  • Beauty Salon
  • Clubhouse

Recreation

  • Private Beach Club
  • Tennis Courts
  • Exercise Course

Pet Policy

  • Call for details about the types of pets allowed

Security

  • High Impact Windows

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

  • Legal Description: COCOBAY A CONDOMINIUM UNIT 11
  • Property Type: Residential
  • Table: Residential
  • Building Design: Villa Attached
  • Storm Protection: Impact Resistant Windows, Electric Shutters
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 760.42
  • Total Floors: 1
  • Estimated Living Area: 2928
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Room, Living Dining
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Refrigerator/Freezer, Security System
  • Flooring: Tile
  • Floor Plan: Courtyard
  • Interior Amenities: French Doors, Volume Ceiling
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Windows: Picture, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Pond
  • Exterior Features: Courtyard, Pond
  • Exterior Finish: Stucco
  • Guest House: Cabana
  • 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
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 2395931233
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Sub Condo Name: COCOBAY
  • Condo Fees: 4000
  • Condo Fee Frequency: Quarterly
  • Master Hoa Fee: 2396
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Pelican Bay
  • Amenities: Beach Club Included, Beauty Salon, Clubhouse, Exercise Room
  • Community Type: Gated, Tennis
  • Units In Building: 1
  • Total Number of Units: 33

Fee Information

  • Transfer Fees: 7500.00
  • Application Fee: 100.00

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 11
  • Section: 4
  • Total Area: 5138
  • Waterfront: No
  • Rear Exposure: North
  • Parcel Number: 26175000223

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 90

Tax Info

  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 17751.00

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

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Range of Values:

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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: 220057820

Naples Area Board of REALTORS®

APN: 26175000223