NOT LISTED FOR SALE

7950 Mahogany Run Ln Unit 426 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $470,000 - $539,000

3 Beds
2 Baths
1,454 Sq Ft
$980/mo HOA Fee

Last Sold June 02, 2023

Last sale price $530,000 $365 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $3,843/month

93 Days on Market

Highlights

  • Lake Front
  • Pond View
  • End Unit
  • Golf Course Community
  • Clubhouse
  • Water Fountains

About This Home

As of June 2023

Own an income vacation rental in Lely Resort! This turnkey 3 bedroom, 2 bath second-floor condo features volume ceilings and an open floor plan with water views. Greenlinks offers outstanding recreational amenities which include a clubhouse with a resort-style pool, spa, fitness center, business center, tennis courts, pickleball court, shuffleboard, bocce, and golf (free rounds of golf per year at the Flamingo and Mustang courses (cart fees only) as part of the annual membership fees. You are just a short walk away from Sam Snead's Oak Grill and Tavern to grab a bite to eat or use their driving range and putting green. This is a great opportunity for investors! Greenlnks has an outstanding rental program where you can rent the unit daily and they have an optional on-site rental management program.

Last Agent to Sell the Property

Renee Macdonald

The Real Estate Agency SW Fla License #NAPLES-267500400 Listed on: 02/08/2023

Co-Listed By

Vic Cuccia

The Real Estate Agency SW Fla

Last Buyer's Agent

Dani Sinclair

William Raveis Real Estate

William Raveis Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • End Unit
  • Northwest Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

Property Views

  • Pond
  • Tennis Court

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,454 Sq Ft Home
  • 2-Story Property
  • Double Hung Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Garage Spaces
  • Deeded Parking

Outdoor Features

  • Screened Balcony
  • Water Fountains

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46686004727

Community Details

Overview

  • $1,900 Secondary HOA Transfer Fee
  • 12 Units
  • Low-Rise Condominium
  • Greenlinks Condos
  • Lely Resort Community
  • Mandatory home owners association

Amenities

  • Clubhouse
  • Business Center
  • Community Library

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,913

Year Built

Built in 2006

Lot Details

0

HOA Fees

$980 per month

Listing Details

  • Legal Description: GREENLINKS IV A CONDOMINIUM UNIT 426
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.085257$-81.699656$286.94$13.33$1.00$nJ6Vzh5T-RhV5566KKZg1g
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, End-Unit
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 364.51
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence, Screened Balcony
  • Estimated Living Area: 1454
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms, 2 Story
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Foyer, Pantry, Smoke Detectors, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central, Reclaimed
  • Road: Paved Road
  • View: Landscaped Area, Pond, Tennis Courts, Water, Water Feature
  • Exterior Features: Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Parking: 2+ Spaces

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: GREENLINKS
  • Condo Fees: 1497.08
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Golf Course, Insurance, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Trash Removal, Water
  • Master Hoa Fee: 147
  • Master HOA Fee Frequency: Monthly
  • Club Fee Mandatory: 4003
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Business Center, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Golf Course, Library, Pickleball, Sidewalk, Tennis Court, Underground Utility
  • Community Type: Condo/Hotel, Golf Course, Non-Gated, Tennis
  • Units In Building: 12
  • Total Number of Units: 200

Fee Information

  • Transfer Fees: 1900.00
  • Application Fee: 150.00

Schools

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

Lot Info

  • Builder Product: No
  • Section: 27
  • Total Area: 1526
  • Waterfront: Yes
  • Rear Exposure: Northwest
  • Lot Description: Zero Lot Line
  • Parcel Number: 46686004727

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2913.26
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
May 30, 2023
Sold by
Deborah M Trapani Real Estate Llc
Bought by
Equity Trust Co
Seller's Agent
Renee Macdonald
The Real Estate Agency SW Fla
Buyer's Agent
Dani Sinclair
William Raveis Real Estate
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Views
39
Current Estimated Value
$474,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,776
Avg. Annual Appreciation
-2.01%

Purchase Details

Listed on
May 2, 2019
Closed on
Oct 8, 2019
Sold by
Soyka Edward W and Hurtz Soyka Nancy H
Bought by
Deborah M Trapani Real Estate Llc
Seller's Agent
John Dolle
INACTIVE AGENT ACCT
Buyer's Agent
Birgit Fraser
Equity Realty
List Price
$229,000
Sold Price
$210,000
Premium/Discount to List
-$19,000
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.87%

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jul 28, 2015
Sold by
Mortenson James C and Mortenson Judith G
Bought by
Soyka Edward W and Hurtz Soyka Nancy H
Seller's Agent
Jacki Strategos
Coldwell Banker Realty
Buyer's Agent
David Stonier
EXIT Charde Realty
List Price
$198,900
Sold Price
$190,000
Premium/Discount to List
-$8,900
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.41%
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
Equity Trust Co $530,000 Gulf Coast Title Company
Deborah M Trapani Real Estate Llc $210,000 Attorney
Soyka Edward W $190,000 Island Title 5 Star Agency L
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $530,000 -3.5% $365 / Sq Ft
05/12/2023 05/12/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $549,000 +161.4% $378 / Sq Ft
10/09/2019 10/09/19 Sold $210,000 -6.6% $144 / Sq Ft View Prior Sale
09/12/2019 09/12/19 Pending -- -- --
09/03/2019 09/03/19 Price Changed $224,900 -1.8% $155 / Sq Ft
05/02/2019 05/02/19 For Sale $229,000 +20.5% $157 / Sq Ft
07/28/2015 07/28/15 Sold $190,000 -4.5% $131 / Sq Ft View Prior Sale
06/05/2015 06/05/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $198,900 -- $137 / 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 $4,420 $433,114 -- $433,114
2024 $3,309 $421,482 -- $421,482
2023 $3,309 $231,356 $0 $0
2022 $2,913 $210,324 $0 $0
2021 $2,347 $191,204 $0 $191,204
2020 $2,272 $186,842 $0 $186,842
2019 $2,288 $186,842 $0 $186,842
2018 $2,201 $179,572 $0 $179,572
2017 $2,256 $183,934 $0 $183,934
2016 $2,060 $167,940 $0 $0
2015 $1,608 $115,960 $0 $0
2014 -- $105,418 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223010871

Naples Area Board of REALTORS®

APN: 46686004727