NOT LISTED FOR SALE

7970 Mahogany Run Ln Unit 223 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $459,000 - $592,000

3 Beds
2 Baths
1,389 Sq Ft
$833/mo HOA Fee

Last Sold September 28, 2023

Last sale price $655,000 $472 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $4,006/month

186 Days on Market

Highlights

  • Lake Front
  • Community Cabanas
  • Two Primary Bedrooms
  • Golf Course Community
  • 24-Hour Guard
  • Clubhouse

About This Home

As of September 2023

3/2 ~QUICK CASH SALE~ * REMODELED LAKEVIEW NAPLES AIRBNB/VRBO TURNKEY SHORT TERM VACATION RENTAL BUSINESS INVESTMENT PROPERTY ALLOWING RARE 1 DAY RENTALS. SITUATED ON 2 GOLF COURSES WITH NAPLES AND MARCO ISLAND BEACHES ONLY 10 MINUTES AWAY. Amenities include a restaurant, tavern, pro shop, golf courses, tennis courts, pickleball courts, shuffleboard, bocce ball, a resort-style pool, a clubhouse, fitness center. The current owners were able to generate significant rental income. Verified actual gross earnings for 2022 were $59,113, despite being rented out for only 4 months, as the owners enjoyed it for most of the year. The 2023 gross earnings are $25,015 for only 2 months of rentals. Calendar has been blocked since March 1st to allow ease in showings and owner summer enjoyment. Property is being offered for a quick cash sale. High-end finishes throughout with internationally sourced furnishings. Bright and spacious layout, and beautiful lake views. Perfect home base for exploring Naples, Marco Island, Miami, the Palm Beaches, and the Florida Keys. Owners have access to 42 rounds of golf, which can be transferred to guests. Make easy passive income in a resort-style setting!

Last Agent to Sell the Property

Pedrin Valbuena

INACTIVE AGENT ACCT Listed on: 02/27/2023

Last Buyer's Agent

Laura Nobil

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 2006

Lot Details

  • Lake Front
  • Northeast Facing Home
  • Landscaped

HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

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

Interior Spaces

  • 1,389 Sq Ft Home
  • 1-Story Property
  • Bar
  • 5 Ceiling Fans
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Garage Spaces
  • Guest Parking

Pool

  • Lap Pool
  • Above Ground Pool
  • Above Ground Spa

Outdoor Features

  • Pond
  • Screened Balcony
  • Patio
  • Water Fountains

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 46686004183

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Restaurant
  • Clubhouse
  • Business Center
  • Recreation Room
  • Bike Room

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,335

Year Built

Built in 2006

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • Legal Description: GREENLINKS IV A CONDOMINIUM UNIT 223
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.085334$-81.700158$326.65$13.33$1.00$tzpx8UmWOImH53kxK_uZ8A
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 5
  • Num Unit Floor: 2
  • Price Per Sq Ft: 471.56
  • Total Floors: 1
  • Additional Rooms: Guest Bath, Laundry in Residence, Screened Balcony
  • Estimated Living Area: 1389
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms, Two Master Suites
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining, Formal
  • Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Tile, Vinyl, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Bar, Cable Prewire, Foyer, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: 2 Masters, Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Golf Course, Lake, Landscaped Area, Water, Water Feature
  • Exterior Features: Patio, Pond, Tennis Court, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Above Ground
  • Private Spa Type: Above Ground
  • Waterfront Type: Lake

Garage/Parking

  • Parking: 2+ Spaces, Guest

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: No RV
  • Sub Condo Name: GREENLINKS
  • HOA Fees: 499
  • HOA Fee Frequency: Monthly
  • Maintenance: Insurance, Lawn/Land Maintenance, Pest Control Exterior, Recreational Facilities, Security, Trash Removal, Water
  • Club Fee Mandatory: 4003
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: BBQ - Picnic, Bike And Jog Path, Bike Storage, Bocce Court, Business Center, Cabana, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Golf Course, Guest Room, Internet Access, Lap Pool, Pickleball, Putting Green, Restaurant, Shuffleboard, Sidewalk, Tennis Court
  • Community Type: Golf Course, Tennis
  • Units In Building: 12
  • Total Number of Units: 200

Fee Information

  • Transfer Fees: 1900.00
  • Application Fee: 100.00

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: 1538
  • Waterfront: Yes
  • Rear Exposure: Northeast
  • Lot Description: Zero Lot Line
  • Parcel Number: 46686004183

Rental Info

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

Tax Info

  • Tax Description: No Homestead
  • Tax District Type: Community Development District
  • Taxes: 3334.66
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Sep 29, 2023
Sold by
Knowles James J and Knowles Martha M
Bought by
Moore Kenneth and Moore Marianne E
Seller's Agent
Pedrin Valbuena
INACTIVE AGENT ACCT
Buyer's Agent
Laura Nobil
Coldwell Banker Realty
List Price
$649,000
Sold Price
$655,000
Premium/Discount to List
$6,000
0.92%
Views
65
Current Estimated Value
$536,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,126
Avg. Annual Appreciation
-8.57%

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 7, 2021
Sold by
Swfl Rental Properties Llc
Bought by
Knowles James J and Knowles Martha M
Seller's Agent
Robert Lehner
Premiere Plus Realty Company
Buyer's Agent
Associaton 13-Miami
Local Associations
List Price
$378,000
Sold Price
$376,500
Premium/Discount to List
-$1,500
-0.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.79%
Original Mortgage
$281,250
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 10, 2017
Closed on
Dec 27, 2017
Sold by
Gentile Carmen J and Gentile Laurene
Bought by
Swfl Rental Properties Llc
Seller's Agent
Jacki Strategos
Premier Sotheby's International Realty
Buyer's Agent
Robert Lehner
Premiere Plus Realty Company
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.12%

Purchase Details

Closed on
Mar 18, 2014
Sold by
Ribble William F and Ribble Joanne M
Bought by
Gentile Carmen J and Gentile Laurene

Purchase Details

Closed on
Nov 24, 2006
Sold by
Lely Golf Villas I Lp
Bought by
Ribble William F and Ribble Joanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,930
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Moore Kenneth $655,000 Sunbelt Title
Knowles James J $376,500 Attorney
Swfl Rental Properties Llc $195,000 First Title & Abstract Inc
Gentile Carmen J $115,000 Florida Universal Title Llc
Ribble William F $379,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knowles James J $281,250
Previous Owner Ribble William F $265,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $655,000 -2.1% $472 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/23/2023 08/23/23 Price Changed $669,000 +1.5% $482 / Sq Ft
06/21/2023 06/21/23 Price Changed $659,000 +1.5% $474 / Sq Ft
06/21/2023 06/21/23 Price Changed $649,000 -3.0% $467 / Sq Ft
05/30/2023 05/30/23 Price Changed $669,000 +3.1% $482 / Sq Ft
05/30/2023 05/30/23 For Sale $649,000 0.0% $467 / Sq Ft
04/19/2023 04/19/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $649,000 +0.9% $467 / Sq Ft
02/28/2023 02/28/23 Price Changed $643,000 +1.6% $463 / Sq Ft
02/27/2023 02/27/23 For Sale $633,000 +68.1% $456 / Sq Ft
12/08/2021 12/08/21 Sold $376,500 0.0% $271 / Sq Ft View Prior Sale
12/08/2021 12/08/21 Sold $376,500 -0.4% $271 / Sq Ft View Prior Sale
10/25/2021 10/25/21 Pending -- -- --
10/25/2021 10/25/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $378,000 0.0% $272 / Sq Ft
10/19/2021 10/19/21 Price Changed $378,000 0.0% $272 / Sq Ft
10/19/2021 10/19/21 For Sale $378,000 +0.4% $272 / Sq Ft
09/29/2020 09/29/20 Off Market $376,500 -- --
06/13/2020 06/13/20 For Sale $239,000 +22.6% $172 / Sq Ft
12/28/2017 12/28/17 Sold $195,000 -11.0% $140 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $219,000 -- $158 / 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 $4,185 $409,199 -- $409,199
2024 $3,727 $398,087 -- $398,087
2023 $3,727 $316,944 $0 $0
2022 $3,335 $288,131 $0 $288,131
2021 $2,196 $178,014 $0 $178,014
2020 $2,125 $173,847 $0 $173,847
2019 $2,140 $173,847 $0 $173,847
2018 $2,057 $166,902 $0 $166,902
2017 $2,005 $154,880 $0 $0
2016 $1,827 $140,800 $0 $0
2015 $1,623 $128,000 $0 $0
2014 $1,263 $96,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223015779

Naples Area Board of REALTORS®

APN: 46686004183