NOT LISTED FOR SALE

Estimated Value: $3,856,313 - $4,833,000

3 Beds
4 Baths
3,900 Sq Ft
$1,145/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $2,650,000 $679 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $24,802/month

12 Days on Market

Highlights

  • 3 Ceiling Fans
  • Turnkey
  • 1-Story Property
  • Sea Gate Elementary School Rated A
  • Villa

About This Home

As of May 2016

"Truly magnificent", can only begin to describe this 3 bedroom plus den, 3 1/2 bath, lakefront villa. Vizcaya is ideally located within the Mediterranean-style enclave of only 59 villas, in the exclusive community of Bay Colony. This home offers 2800 sq. ft. of living space, marble floors, granite counter tops, custom built-ins, vaulted ceilings with decorative beams, large master suite with private study, separate pool side cabana, and large eat-in kitchen with outdoor patio. This home is light and bright with many windows to capture the beautiful lake & water features, and is beautifully furnished. The private outdoor courtyard lends itself to entertaining, and the large patio area has dining and sitting areas around the heated pool and spa. As a Bay Colony resident, you also have access to the Bay Colony Beach and Tennis Club, and Pelican Bay amenities. If golf is your game of choice, Bay Colony Golf Club is a private equity club that has membership opportunities available.

Last Agent to Sell the Property

Alison Kalb

Downing Frye Realty Inc. Listed on: 01/22/2016

Downing Frye Realty Inc.

Last Buyer's Agent

Jill Rogers

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Year Built

  • 1993

Lot Details

  • 6,534

Parking

  • Deeded Parking

Home Design

  • Villa
  • Turnkey

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • 3 Ceiling Fans

Community Details

  • $11,000 Secondary HOA Transfer Fee

Home Details

Home Type

Single Family

Year Built

1993

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Legal Description: VIZCAYA AT BAY COLONY LOT 32
  • Building Design: Villa Detached
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1993

Interior Features

  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Open Porch/Lanai
  • Bedroom Description: Master BR Ground, Master BR Sitting Area
  • Dining Room: Breakfast Bar, Breakfast Room, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Intercom, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Floor Plan: Courtyard
  • Flooring: Carpet, Marble, Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Laundry Tub, Smoke Detectors, Tray Ceiling, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: ADA Accessible, Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Room Count: 9
  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Price Per Sq Ft: 946.43
  • Total Floors: 1

Exterior Features

  • Roof: Tile
  • Exterior Features: Courtyard, Patio, Privacy Wall, Sprinkler Auto, Water Display
  • Construction: Concrete Block, Poured Concrete
  • Exterior Features: Courtyard, Patio, Privacy Wall, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Guest House: 1 Bath, 1 Bedroom, Cabana
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Heated Electric, Pool Bath
  • Private Spa: Below Ground, Concrete, Heated Electric
  • Road: Paved Road
  • Windows: Bay, Casement, Double Hung, Sliding, Transom

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

  • Cooling: Ceiling Fans, Central Electric, Humidistat, Zoned
  • Heating: Central Electric
  • Security: Monitored Alarm, Gated, Guard At Gate, Patrolled, Private Security System (Leased)
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Fitness Center Attended, Full Service Spa, Private Beach Pavilion, Private Membership, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Tennis
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Security, Street Lights, Street Maintenance, Trash Removal
  • Approval: Buyer
  • Management: Professional
  • Restrictions: Architectural, Deeded, No Commercial, No RV, No Truck
  • Sub Condo Name: VIZCAYA AT BAY COLONY

Association/Amenities

  • Total Number of Units: 59
  • Pets: With Approval
  • Development: Pelican Bay

Fee Information

  • HOA Fees: 2750
  • HOA Fee Frequency: Quarterly
  • Master HOA Fee: 6422
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 11000.00

Schools

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

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: Northwest
  • View: Lake
  • Waterfront: Lake
  • Section: 33
  • Total Area: 3900

Rental Info

  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2016
Closed on
May 16, 2016
Sold by
Howe Janice M
Bought by
Ostrowski Robert and Susan Ostrowski Irrevocable Trust
Seller's Agent
Alison Kalb
Downing Frye Realty Inc.
Buyer's Agent
Jill Rogers
John R Wood Properties
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%
Current Estimated Value
$4,466,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,816,438
Avg. Annual Appreciation
5.45%

Purchase Details

Listed on
Jan 22, 2016
Closed on
May 1, 2016
Bought by
Susan Ostrowski Irrevoc Trust
Seller's Agent
Alison Kalb
Downing Frye Realty Inc.
Buyer's Agent
Jill Rogers
John R Wood Properties
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%

Purchase Details

Closed on
Jan 18, 2016
Sold by
Howe Janice M
Bought by
Robert W Howe Revocable Trust and Robert W Howe State Tax Sheltered Marita

Purchase Details

Closed on
Jan 1, 2016
Bought by
Susan Ostrowski Irrevoc Trust

Purchase Details

Closed on
Feb 13, 2009
Sold by
Howe Robert W and Howe Janice M
Bought by
Howe Robert W and Robert W Howe Revocable Trust

Purchase Details

Closed on
Apr 30, 2008
Sold by
Palank Edward A and Palank Martha M
Bought by
Howe Robert W and Howe Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,170,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Koch Craig R and Koch Debra A
Bought by
Palank Edward A and Palank Martha M

Purchase Details

Closed on
Dec 10, 1993
Sold by
Westinghouse Com Naples Inc
Bought by
Koch Craig R and Koch Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ostrowski Robert $2,650,000 None Available
Susan Ostrowski Irrevoc Trust $100 --
Robert W Howe Revocable Trust -- Attorney
Susan Ostrowski Irrevoc Trust $100 --
Howe Robert W -- Attorney
Howe Robert W -- Attorney
Howe Robert W $1,887,500 Attorney
Palank Edward A $1,200,000 --
Koch Craig R $783,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howe Robert W $1,170,000
Previous Owner Koch Craig R $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $2,650,000 -3.6% $679 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $2,750,000 -- $705 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $18,750 $1,904,750 -- --
2024 $18,234 $1,851,069 -- --
2023 $18,234 $1,761,791 $0 $0
2022 $18,732 $1,710,477 $0 $0
2021 $18,872 $1,660,657 $0 $0
2020 $18,404 $1,637,729 $1,044,684 $593,045
2019 $28,892 $2,581,530 $2,009,007 $572,523
2018 $28,842 $2,558,624 $2,009,007 $549,617
2017 $25,306 $2,213,058 $1,677,521 $535,537
2016 $19,192 $1,667,802 $0 $0
2015 $18,748 $1,581,162 $0 $0
2014 $17,721 $1,437,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216005749

Naples Area Board of REALTORS®

APN: 80940005224

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