7980 Mahogany Run Ln Unit 123 Naples, FL 34113
Lely Resort Neighborhood
2
Beds
2
Baths
1,062
Sq Ft
$1,064/mo
HOA Fee
Highlights
- Lake Front
- 24-Hour Guard
- Clubhouse
- Golf Course Community
- Lap Pool
- Vaulted Ceiling
About This Home
As of January 2025Priced to sell!! This gorgeous condominium for sale in the heart of Lely Resort offers a stunning lake view, creating a serene and picturesque setting. The home features two spacious bedrooms and two modern bathrooms, perfect for comfortable living or hosting guests. With vaulted ceilings, the interior feels open and airy, enhancing the sense of space and elegance. The updated kitchen comes equipped with sleek countertops, modern appliances, and ample storage, ideal for cooking and entertaining. Turnkey – ready to go – priced to sell. Investors dream.
The property is not only a beautiful home but also a great investment opportunity, situated in a desirable location with potential for rental income or long-term value appreciation. No limits on the number of rentals or number of days you can rent. The combination of lakefront living, stylish updates, and investment potential makes this condo a fantastic choice for buyers.
Amenities include: Optional Players Club membership, on site restaurant, tennis, bocce, resort style swimming pool, shuffleboard walk to 2 semi-private golf courses and enjoy 42 rounds of gold that come with this property. Must be seen to be fully appreciated.
Last Agent to Sell the Property
Premiere Plus Realty Company License #NAPLES-609526795 Listed on: 10/09/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,905
Year Built
- Built in 2000
Lot Details
- Lake Front
- Southeast Facing Home
HOA Fees
Parking
- Paved Parking
Home Design
- Condo Hotel
- Turnkey
- Concrete Block With Brick
- Metal Roof
- Stucco
Interior Spaces
- 1,062 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Double Hung Windows
- Screened Porch
- Lake Views
Kitchen
- Breakfast Bar
- Range
- Microwave
- Ice Maker
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Shower Only
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Pool
- Lap Pool
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 46686000187
Community Details
Overview
- $1,900 Secondary HOA Transfer Fee
- 8 Units
- Low-Rise Condominium
- Greenlinks Condos
- Lely Resort Community
Amenities
- Community Barbecue Grill
- Restaurant
- Clubhouse
- Business Center
Recreation
- Golf Course Community
- Tennis Courts
- Pickleball Courts
- Bocce Ball Court
- Shuffleboard Court
- Exercise Course
- Community Pool or Spa Combo
Pet Policy
- Pets up to 35 lbs
- Call for details about the types of pets allowed
- 2 Pets Allowed
Security
- 24-Hour Guard
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 9, 2024
Closed on
Jan 29, 2025
Sold by
Tusa Korinne
Bought by
Wardell Leslie G and Wardell Marlene Jeanette
Seller's Agent
Mark Alterio
Premiere Plus Realty Company
Buyer's Agent
Kristin Van Heukelom
Local Real Estate LLC
List Price
$440,000
Sold Price
$382,000
Premium/Discount to List
-$58,000
-13.18%
Views
29
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$305,600
Outstanding Balance
$303,990
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$94,611
Purchase Details
Closed on
Nov 8, 2021
Sold by
Addonizio Thomas S
Bought by
Tusa Korinne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.01%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 10, 2018
Closed on
May 17, 2019
Sold by
Wilson Heather May
Bought by
Addonizio Thomas S
Seller's Agent
ML Meade
Premier Sotheby's International Realty
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$219,000
Sold Price
$190,000
Premium/Discount to List
-$29,000
-13.24%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%
Original Mortgage
$164,700
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 10, 2015
Sold by
Pollara Heather Kristine
Bought by
Wilson Heather May
Purchase Details
Listed on
Nov 9, 2013
Closed on
Feb 28, 2014
Sold by
Oguneye Kunbi and Oguneye Olakunbi
Bought by
Wilson Heather May and Pollara Heather Kristine
Seller's Agent
Jacki Strategos
Coldwell Banker Realty
Buyer's Agent
Michelle Thomas
Premier Sotheby's International Realty
List Price
$124,900
Sold Price
$97,500
Premium/Discount to List
-$27,400
-21.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Purchase Details
Closed on
Apr 29, 2005
Sold by
Lowry Gordon and Lowry Ann
Bought by
Oguneye Kunbi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
1.5%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jun 6, 2001
Sold by
Lely Golf Villas I Ltd Ptnr
Bought by
Mccabe Jeff and Mccabe Diane L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.18%
Similar Homes in Naples, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $382,000 | None Listed On Document | |
| Warranty Deed | $382,000 | None Listed On Document | |
| Warranty Deed | $180,000 | Attorney | |
| Warranty Deed | $190,000 | Attorney | |
| Special Warranty Deed | -- | Attorney | |
| Warranty Deed | $97,500 | Attorney | |
| Warranty Deed | $249,000 | -- | |
| Warranty Deed | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $305,600 | New Conventional | |
| Closed | $305,600 | New Conventional | |
| Previous Owner | $171,000 | New Conventional | |
| Previous Owner | $164,700 | New Conventional | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $199,200 | Fannie Mae Freddie Mac | |
| Previous Owner | $199,200 | Negative Amortization | |
| Previous Owner | $116,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | For Sale | $419,500 | +9.8% | $395 / Sq Ft |
| 01/30/2025 01/30/25 | Sold | $382,000 | -4.0% | $360 / Sq Ft |
| 12/26/2024 12/26/24 | Pending | -- | -- | -- |
| 12/16/2024 12/16/24 | Price Changed | $398,000 | -5.0% | $375 / Sq Ft |
| 11/05/2024 11/05/24 | Price Changed | $419,000 | -4.8% | $395 / Sq Ft |
| 10/09/2024 10/09/24 | For Sale | $440,000 | +131.6% | $414 / Sq Ft |
| 05/17/2019 05/17/19 | Sold | $190,000 | -13.2% | $179 / Sq Ft |
| 04/16/2019 04/16/19 | Pending | -- | -- | -- |
| 09/10/2018 09/10/18 | For Sale | $219,000 | +124.6% | $206 / Sq Ft |
| 02/25/2014 02/25/14 | Sold | $97,500 | -21.9% | $92 / Sq Ft |
| 02/04/2014 02/04/14 | Pending | -- | -- | -- |
| 11/09/2013 11/09/13 | For Sale | $124,900 | -- | $118 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,905 | $268,206 | -- | -- |
| 2023 | $2,905 | $243,824 | $0 | $0 |
| 2022 | $2,606 | $221,658 | $0 | $221,658 |
| 2021 | $1,725 | $3,000 | $0 | $3,000 |
| 2020 | $1,671 | $133,626 | $0 | $133,626 |
| 2019 | $1,681 | $133,626 | $0 | $133,626 |
| 2018 | $1,619 | $128,316 | $0 | $128,316 |
| 2017 | $1,655 | $131,502 | $0 | $131,502 |
| 2016 | $1,507 | $119,820 | $0 | $0 |
| 2015 | $1,403 | $109,200 | $0 | $0 |
| 2014 | $1,068 | $79,500 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Alterio
Seller's Agent in 2025
Mark Alterio
Premiere Plus Realty Company
(239) 860-1514
31 in this area
36 Total Sales
-
Kristin Van Heukelom
Buyer's Agent in 2025
Kristin Van Heukelom
Local Real Estate LLC
(239) 571-7082
1 in this area
73 Total Sales
-
ML Meade
Seller's Agent in 2019
ML Meade
Premier Sotheby's International Realty
(239) 293-4851
18 in this area
435 Total Sales
-
Melissa Baker
Seller Co-Listing Agent in 2019
Melissa Baker
Premier Sotheby's International Realty
(239) 307-8519
6 in this area
19 Total Sales
-
O
Buyer's Agent in 2019
Of Realtors 08-Naples Area Board
Local Associations
-
J
Seller's Agent in 2014
Jacki Strategos
Coldwell Banker Realty
Map
Source: Naples Area Board of REALTORS®
MLS Number: 224081889
APN: 46686000187
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The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
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