NOT LISTED FOR SALE

7970 Mahogany Run Ln Unit 225 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $418,000 - $429,000

2 Beds
2 Baths
1,244 Sq Ft
$845/mo HOA Fee

Last Sold October 05, 2023

Last sale price $480,000 $386 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,383/month

14 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Community Pool or Spa Combo
  • Pond View
  • Pond
  • Screened Porch

About This Home

As of October 2023

Start your vacation today in this comfortable, super clean and well stocked condo in beautiful Lely Resort in Naples. This turnkey furnished two bedroom/two baths unit overlooks a beautifully landscaped area and scenic pond. This second-floor condo comes with brand new living room furniture including a gel-infused memory foam sleeper sofa, so that the unit sleeps six persons. New dish washer, high-quality neutral carpets installed in 2022 and the A/C was replaced in 2019. The condo is an excellent investment property that generated over $40,000 gross rental income in 2023 so far. Located in the unique Greenlinks neighborhood within walking distance to a gorgeous resort-style pool and spa and Sam Snead restaurant and bar. Enjoy 42 free rounds of golf with a mandatory golf membership to the Championship Mustang Island and Flamingo Island courses. Great rental potential as these condos can be rented daily, on-site rental agency available.
Come see this beautiful property, today!

Last Agent to Sell the Property

Petra Roller

Premiere Plus Realty Company License #NAPLES-249510590 Listed on: 08/14/2023

Premiere Plus Realty Company

Last Buyer's Agent

Mark Alterio

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,472

Year Built

  • Built in 2006

Lot Details

  • Northeast Facing Home
  • Landscaped

HOA Fees

Parking

  • Deeded Parking

Home Design

  • Condo Hotel
  • Entry on the 2nd floor
  • Turnkey
  • Concrete Block With Brick
  • Tile

Interior Spaces

  • 1,244 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Pond

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 46686004222

Community Details

Overview

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

Amenities

  • Restaurant
  • Clubhouse
  • Bike Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Exercise Course
  • 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

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,472

Year Built

Built in 2006

Lot Details

0

HOA Fees

$845 per month

Listing Details

  • Legal Description: GREENLINKS IV A CONDOMINIUM UNIT 225
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.085334$-81.700158$320.91$13.33$1.00$2lwuTrGNS7u6p7E917wY5Q
  • Building Design: Low Rise (1-3)
  • Building Description: Other
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2006
  • Directions: Located in building 2, turn right when entering the neighborhood.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 385.85
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1244
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Smoke Detectors, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Landscaped Area, Pond
  • Exterior Features: Pond
  • Exterior Finish: Other

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: GREENLINKS
  • Condo Fees: 1532
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Repairs, Reserve, Sewer, Trash Removal, Water
  • Club Fee Mandatory: 4003
  • 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, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Golf Course, Pickleball, Putting Green, Restaurant, Shuffleboard, Sidewalk, Streetlight, Tennis Court
  • Community Type: Condo/Hotel, Golf Course
  • Units In Building: 12
  • Total Number of Units: 200

Fee Information

  • Transfer Fees: 1900.00
  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Section: 27
  • Total Area: 1244
  • Waterfront: No
  • Rear Exposure: Northeast
  • Lot Description: Other
  • Parcel Number: 46686004222

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 2472.10
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 28, 2023
Sold by
Ferrier Tracy Bliss
Bought by
Scott Bradley and Scott Joanne
Seller's Agent
Petra Roller
Premiere Plus Realty Company
Buyer's Agent
Mark Alterio
Premiere Plus Realty Company
List Price
$509,000
Sold Price
$480,000
Premium/Discount to List
-$29,000
-5.7%
Views
58
Current Estimated Value
$422,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,278
Avg. Annual Appreciation
-5.59%
Original Mortgage
$336,000
Outstanding Balance
$288,865
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$133,857

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 1, 2022
Sold by
Lincon Llc
Bought by
Ferrier Tracy Bliss
Seller's Agent
Mark Alterio
Premiere Plus Realty Company
Buyer's Agent
Petra Roller
Premiere Plus Realty Company
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%
Original Mortgage
$300,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2009
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Lincon Llc

Purchase Details

Closed on
May 18, 2009
Sold by
Hauser Lawrence P and Hauser Morrene J
Bought by
Bank Of New York Trust Company Na

Purchase Details

Closed on
Dec 8, 2006
Sold by
Lely Golf Villas I Lp
Bought by
Hauser Lawrence P and Hauser Morrene J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,910
Interest Rate
8.7%
Mortgage Type
Balloon
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
Scott Bradley $480,000 None Listed On Document
Ferrier Tracy Bliss $400,000 Borgia Eric M
Lincon Llc $110,000 First American Title Insuran
Bank Of New York Trust Company Na $313,163 Attorney
Hauser Lawrence P $349,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Bradley $336,000
Previous Owner Ferrier Tracy Bliss $300,000
Previous Owner Hauser Lawrence P $314,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2023 10/05/23 Sold $480,000 -5.7% $386 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/14/2023 08/14/23 For Sale $509,000 +27.3% $409 / Sq Ft
04/01/2022 04/01/22 Sold $400,000 -5.9% $322 / Sq Ft View Prior Sale
02/12/2022 02/12/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $425,000 -- $342 / 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 $3,771 $367,004 -- $367,004
2024 $3,717 $357,052 -- $357,052
2023 $3,717 $343,368 $0 $343,368
2022 $2,472 $175,718 $0 $0
2021 $1,987 $159,744 $0 $159,744
2020 $1,904 $152,970 $0 $0
2019 $1,829 $139,064 $0 $0
2018 $1,715 $126,422 $0 $0
2017 $1,662 $114,929 $0 $0
2016 $1,516 $104,481 $0 $0
2015 $1,347 $94,983 $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: 223058364

Naples Area Board of REALTORS®

APN: 46686004222