NOT LISTED FOR SALE

Estimated Value: $4,247,000 - $5,579,000

4 Beds
4.5 Baths
4,258 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $3,250,000 $763 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $32,036/month

299 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • In Ground Pool
  • Sea Gate Elementary School Rated A
  • Fitness Center
  • Private Membership Available

About This Home

As of January 2023

This charming and highly desirable Vizcaya Home is located within the exclusive guard-gated Bay Colony community. Boasting a tranquil lake view, this two-story home has 4258 square feet of living area, 4 bedrooms, 4 full and one-half baths, making this home perfect for family gatherings and entertaining. With an abundance of natural light, soaring ceilings, 1st floor master suite, private study, and chef's kitchen, this home is a must see!! Beautifully lush and tropical landscaping surround the sparkling pool, spa and patio for tranquil and private relaxation. A new roof was completed in 2018. Bay Colony residents enjoy a luxury lifestyle with membership to the stunning and completely remodeled world class Bay Colony Beach, offering full beach service and private dining for members and their guests. Additionally, Bay Colony residents have full access to all of Pelican Bay's outstanding amenities. Close to The Ritz Carlton, Waterside Shops, Artis Naples and a short drive to the renowned dining and dynamic night-life of downtown Naples.

Last Agent to Sell the Property

Peter Reppucci

William Raveis Real Estate Listed on: 03/09/2022

William Raveis Real Estate

Last Buyer's Agent

Jerry Wachowicz

William Raveis Real Estate License #NAPLES-490500040

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,534

Year Built

  • Built in 1993

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 58
  • Lake Front
  • Northeast Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Home Design

  • Flat Roof Shape
  • Concrete Block With Brick
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 4,258 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Electric Shutters
  • Single Hung Windows
  • Picture Window
  • Formal Dining Room
  • Den
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 80940005240

Community Details

Overview

  • $17,500 Secondary HOA Transfer Fee
  • Private Membership Available
  • Pelican Bay Community

Recreation

  • Community Beach Access
  • Private Beach Pavilion
  • Tennis Courts
  • Fitness Center
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,534

Year Built

Built in 1993

Lot Details

0

HOA Fees

$1,851 per month

Parking

2

Listing Details

  • Legal Description: Site 33, Vizcaya At Bay Colony, Plat Book 18, Pages 37 through 39, Public Records of Collier County
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.24429240177849$-81.8130740466324$292.55$13.33$1.00$q7vUylMpy3Q5p-x2ZPz6mA
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 1993
  • Property Information: This charming and highly desirable Vizcaya Home is located within the exclusive guard-gated Bay Colony community. Boasting a tranquil lake view, this two-story home has 4258 square feet of living area, 4 bedrooms, 4 full and one-half baths, making this home perfect for family gatherings and entertaining. With an abundance of natural light, soaring ceilings, 1st floor master suite, private study, and chef's kitchen, this home is a must see!! Beautifully lush and tropical landscaping surround the sparkling pool, spa and patio for tranquil and private relaxation. A new roof was completed in 2018. Bay Colony residents enjoy a luxury lifestyle with membership to the stunning and completely remodeled world class Bay Colony Beach, offering full beach service and private dining for members and their guests. Additionally, Bay Colony residents have full access to all of Pelican Bay's outstanding amenities. Close to The Ritz Carlton, Waterside Shops, Artis Naples and a short drive to the renowned dining and dynamic night-life of downtown Naples.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 763.27
  • Total Floors: 2
  • Additional Rooms: Balcony, Laundry in Residence, Den/Study
  • Estimated Living Area: 4258
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Eat-in Kitchen, Formal
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Security System, Wall Oven, Washer
  • Flooring: Carpet, Marble, Tile
  • Floor Plan: 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Volume Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks
  • Windows: Picture, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Built-Up Or Flat
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Reclaimed
  • View: Lake
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground
  • Private Spa Type: Below Ground
  • Waterfront Type: Lake

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

  • Management Company Phone: 239-591-2202
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: VIZCAYA AT BAY COLONY
  • HOA Fees: 17746
  • HOA Fee Frequency: Annually
  • Maintenance: Cable, Lawn/Land Maintenance, Legal/Accounting, Street Lights, Street Maintenance
  • Master Hoa Fee: 2420
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 2038
  • Club Fee Mandatory Frequency: Annually
  • Development Name: PELICAN BAY

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach Access, Community Park, Fitness Center Attended, Private Beach Pavilion, Private Membership, Tennis Court
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 58

Fee Information

  • Transfer Fees: 17500.00

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 Back: 55
  • Lot Frontage: 58
  • Lot Left: 117
  • Lot Right: 117
  • Lot Unit: 33
  • Section: 33
  • Total Area: 5020
  • Waterfront: Yes
  • Acres: 0.1500
  • Rear Exposure: Northeast
  • Lot Description: Irregular Shape
  • Lot Dimensions: 58 X 117 X 55 X 117
  • Parcel Number: 80940005240

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 28534.00
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Jan 20, 2023
Sold by
Costin John A and Costin Cynthia L
Bought by
David S Erickson Revocable Trust
Seller's Agent
Peter Reppucci
William Raveis Real Estate
Buyer's Agent
Jerry Wachowicz
William Raveis Real Estate
List Price
$4,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,245,000
-27.7%
Views
6
Current Estimated Value
$5,027,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,777,408
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Jan 14, 2002
Sold by
Jones David A and Jones Donna K
Bought by
Costin John A and Costin Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.85%

Purchase Details

Closed on
Jun 15, 2000
Sold by
Tensfeldt Constance M
Bought by
Jones David A and Jones Donna K

Purchase Details

Closed on
Jun 28, 1996
Sold by
Faga Antonio and Faga Kimberly Carolan
Bought by
Tensfeldt Robert C and Tensfeldt Constance M

Purchase Details

Closed on
Dec 15, 1993
Sold by
Westinghouse Com Naples Inc
Bought by
Faga Antonio and Faga Kimberly M Carolan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
7.14%
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
David S Erickson Revocable Trust $3,250,000 --
Costin John A $2,000,000 --
Jones David A $1,499,000 --
Tensfeldt Robert C $1,300,000 --
Faga Antonio $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Costin John A $1,000,000
Previous Owner Faga Antonio $740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $3,250,000 -27.7% $763 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
09/19/2022 09/19/22 For Sale $4,495,000 +38.3% $1,056 / Sq Ft
08/11/2022 08/11/22 Off Market $3,250,000 -- --
06/15/2022 06/15/22 Price Changed $4,495,000 -6.3% $1,056 / Sq Ft
03/09/2022 03/09/22 For Sale $4,795,000 -- $1,126 / 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 $42,362 $4,683,456 -- --
2024 $27,227 $4,257,687 $3,151,488 $1,106,199
2023 $27,227 $1,933,304 $0 $0
2022 $28,533 $2,349,181 $0 $0
2021 $28,367 $2,135,619 $0 $0
2020 $22,133 $1,941,472 $1,024,234 $917,238
2019 $31,233 $2,672,566 $0 $0
2018 $29,797 $2,429,605 $0 $0
2017 $26,636 $2,208,732 $0 $0
2016 $23,000 $2,007,938 $0 $0
2015 $21,957 $1,825,398 $0 $0
2014 $20,215 $1,659,453 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222018948

Naples Area Board of REALTORS®

APN: 80940005240