$425,000
SOLD AUG 30, 2024

7940 Mahogany Run Ln Unit 625 Naples, FL 34113

Lely Resort Neighborhood
2 Beds
2 Baths
1,244 Sq Ft
$1,047/mo HOA Fee

Recently Sold

$342 Per Sq Ft

11% Below List Price

188 Days on Market

Highlights

  • Golf Course Community
  • Lake View
  • Pond
  • 24-Hour Guard
  • Clubhouse
  • Water Fountains

About This Home

As of August 2024

Rare 2-bedroom Lake View is Close to Downtown Naples and Marco Island Beaches
This rare 2-bedroom 2 bath lake view with waterfall condo has TWO master suites in the highly desired Greenlinks at Lely Resort. You can’t beat this location as it’s a 1-minute saunter to the pool!
Close to downtown Naples and the best of Marco Island is just 20 minutes away!
This unit is completely turnkey with new furnishings, bed and bath linens and a brand-new housewares package. The kitchen has granite counter tops, well organized pantry, and a newer stacked washer/dryer. There are two large walk in closets and the stunning lake view from master bedroom will make you wish you were renting this unit for an entire month.
The master bath has a large walk-in tile shower, dual vanities, and a garden tub. The guest bathroom has a large walk-in tile shower. Also, the guest bedroom has a door directly into guest bath so it can be locked off for a second master suite.
The Greenlinks community has great amenities with 2 tennis courts, pickleball court, shuffleboard, bocce ball, beautiful resort style pool, spa and pool clubhouse with a fitness and business center. Golf enthusiasts will love the membership benefits, including access to 2 18-hole courses, 42 rounds of golf, driving range, and a 20% golf shop discount. Additionally, you have the opportunity of optional membership at the Player’s Club and Spa!



The existing management company is willing to continue to manage the property/properties and generate a significant rental income for your buyer.
They manage 11,000 resort properties with a volume of 30-35% ADR (average data rents) than most other property management companies. They
have plenty of customers and marketing capabilities.
Their management fee is 10%.

They are offering a complete turnkey management solution if needed.

Last Agent to Sell the Property

Nareman Dietz

RE/MAX Hallmark Realty License #NAPLES-249530287 Listed on: 01/19/2024

RE/MAX Hallmark Realty

Last Buyer's Agent

CAROL A. JONES

John R Wood Properties License #NAPLES-377562014

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Sprinkler System

HOA Fees

Parking

  • Common or Shared Parking

Home Design

  • Condo Hotel
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property
  • 3 Ceiling Fans
  • Ceiling Fan
  • Casement Windows
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Carpet
  • Lake Views

Kitchen

  • Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Pond
  • Water Fountains

Schools

  • Lely Elementary School
  • Manatee Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46686005182
  • Tax Block 26
  • $5 Seller Concession

Community Details

Overview

  • $2,530 Secondary HOA Transfer Fee
  • 12 Units
  • Low-Rise Condominium
  • Greenlinks Condos
  • Lely Resort Community

Amenities

  • Restaurant
  • Clubhouse
  • Business Center
  • Bike Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool or Spa Combo
  • Putting Green

Pet Policy

  • Pets up to 35 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • 24-Hour Guard
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,362

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,047 per month

Listing Details

  • Legal Description: GREENLINKS IV A CONDOMINIUM UNIT 625
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.085661$-81.699282$308.72$13.33$1.00$pIIA0zHI0o2wHBukMN5KYw
  • Building Design: Low Rise (1-3)
  • Building Description: None
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2006
  • Property Information: Rare 2-bedroom Lake View is Close to Downtown Naples and Marco Island Beaches This rare 2-bedroom 2 bath lake view with waterfall condo has TWO master suites in the highly desired Greenlinks at Lely Resort. You can’t beat this location as it’s a 1-minute saunter to the pool! Close to downtown Naples and the best of Marco Island is just 20 minutes away! This unit is completely turnkey with new furnishings, bed and bath linens and a brand-new housewares package. The kitchen has granite counter tops, well organized pantry, and a newer stacked washer/dryer. There are two large walk in closets and the stunning lake view from master bedroom will make you wish you were renting this unit for an entire month. The master bath has a large walk-in tile shower, dual vanities, and a garden tub. The guest bathroom has a large walk-in tile shower. Also, the guest bedroom has a door directly into guest bath so it can be locked off for a second master suite. The Greenlinks community has great amenities with 2 tennis courts, pickleball court, shuffleboard, bocce ball, beautiful resort style pool, spa and pool clubhouse with a fitness and business center. Golf enthusiasts will love the membership benefits, including access to 2 18-hole courses, 42 rounds of golf, driving range, and a 20% golf shop discount. Additionally, you have the opportunity of optional membership at the Player’s Club and Spa! The existing management company is willing to continue to manage the property/properties and generate a significant rental income for your buyer. They manage 11,000 resort properties with a volume of 30-35% ADR (average data rents) than most other property management companies. They have plenty of customers and marketing capabilities. Their management fee is 10%. They are offering a complete turnkey management solution if needed.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 2
  • Price Per Sq Ft: 341.64
  • Total Floors: 1
  • Additional Rooms: Den/Study, Screened Lanai/Porch
  • Estimated Living Area: 1244
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Range, Refrigerator/Icemaker, Washer
  • Flooring: Carpet
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Pantry
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Private Road
  • View: Lake, Water Feature
  • Exterior Features: Pond, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: Common

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 877-988-3782
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: GREENLINKS
  • HOA Fees: 2085
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Golf Course, Internet/WiFi Access, Irrigation Water, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Interior, Repairs, Security, Sewer, Street Lights, Street Maintenance
  • Master Hoa Fee: 99
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 4124
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 35
  • Development: Lely Resort
  • Amenities: Bike Storage, Bocce Court, Business Center, Clubhouse, Community Pool, Community Spa/Hot tub, Golf Course, Internet Access, Pickleball, Putting Green, Restaurant, Shuffleboard, Streetlight, Tennis Court, Underground Utility
  • Community Type: Condo/Hotel, Non-Gated
  • Units In Building: 12
  • Total Number of Units: 200

Fee Information

  • Transfer Fees: 2530.00
  • Application Fee: 150.00

Schools

  • Elementary School: LELY
  • Middle School: MANATEE
  • High School: LELY
  • Elementary School: Lely
  • High School: Lely
  • Middle School: Manatee

Lot Info

  • Builder Product: No
  • Lot Unit: 625
  • Section: 27
  • Total Area: 1343
  • Waterfront: No
  • Rear Exposure: North
  • Lot Description: Other
  • Parcel Number: 46686005182

Rental Info

  • Lease Limits: No
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 3362.29
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Aug 30, 2024
Sold by
Dietz Blaise C
Bought by
Belli Robert and Belli Marilyn
Seller's Agent
Nareman Dietz
RE/MAX Hallmark Realty
Buyer's Agent
CAROL A. JONES
John R Wood Properties
List Price
$479,900
Sold Price
$425,000
Premium/Discount to List
-$54,900
-11.44%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%
Original Mortgage
$255,000
Outstanding Balance
$253,446
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$213,566

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 21, 2021
Sold by
Marion Bay Llc
Bought by
Dietz Blaise C
Seller's Agent
Sam Hendricks
Realty One Group MVP
Buyer's Agent
Joseph Ghannam
Premiere Plus Realty Company
List Price
$309,000
Sold Price
$300,000
Premium/Discount to List
-$9,000
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%

Purchase Details

Listed on
Oct 22, 2014
Closed on
Nov 26, 2014
Sold by
Bank Of America Na
Bought by
Marion Bay Llc
Seller's Agent
Debbie Pappas-Burback
Compass Florida LLC
Buyer's Agent
Sam Hendricks
Realty One Group MVP
List Price
$129,900
Sold Price
$126,000
Premium/Discount to List
-$3,900
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Oct 3, 2014
Sold by
Cacis John T and Cacis John
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 19, 2006
Sold by
Lely Golf Villas I Lp
Bought by
Skordas Tony and Cacis John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,920
Interest Rate
7.37%
Mortgage Type
New Conventional
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 $425,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $300,000 Attorney
Special Warranty Deed $126,000 North American Title Company
Trustee Deed -- Attorney
Special Warranty Deed $269,900 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 New Conventional
Previous Owner $215,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2025 04/27/25 For Sale $499,000 +17.4% $361 / Sq Ft
08/30/2024 08/30/24 Sold $425,000 0.0% $342 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
05/01/2024 05/01/24 Price Changed $425,000 -3.4% $342 / Sq Ft
03/08/2024 03/08/24 Price Changed $439,900 -2.2% $354 / Sq Ft
03/08/2024 03/08/24 Price Changed $449,900 -6.3% $362 / Sq Ft
03/04/2024 03/04/24 For Sale $479,900 +12.9% $386 / Sq Ft
02/22/2024 02/22/24 Off Market $425,000 -- --
01/26/2024 01/26/24 Price Changed $479,900 -11.1% $386 / Sq Ft
01/19/2024 01/19/24 For Sale $539,900 +80.0% $434 / Sq Ft
07/21/2021 07/21/21 Sold $300,000 -2.9% $241 / Sq Ft
06/05/2021 06/05/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $309,000 +145.2% $248 / Sq Ft
12/19/2014 12/19/14 Sold $126,000 -3.0% $101 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $129,900 -- $104 / 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 $3,362 $284,521 $0 $0
2022 $3,012 $258,655 $0 $258,655
2021 $1,987 $159,744 $0 $159,744
2020 $1,924 $156,012 $0 $156,012
2019 $1,936 $156,012 $0 $156,012
2018 $1,863 $149,792 $0 $149,792
2017 $1,816 $139,102 $0 $0
2016 $1,653 $126,456 $0 $0
2015 $1,470 $114,960 $0 $0
2014 $1,148 $86,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224004575

Naples Area Board of REALTORS®

APN: 46686005182