NOT LISTED FOR SALE

7985 Preserve Cir Unit 1114 Naples, FL 34119

Estimated Value: $263,868 - $359,000

2 Beds
2 Baths
1,250 Sq Ft
$320/mo HOA Fee

Last Sold January 19, 2021

Last sale price $175,000 $140 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,078/month

24 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool or Spa Combo
  • Laurel Oak Elementary School Rated A
  • Main Floor Primary Bedroom
  • Racquetball

About This Home

As of January 2021

Spacious 2br/2ba Condo on the first floor with a great view! This is a great opportunity to own a condo in Naples for under 200k! Bedrooms are a generous size with his/her sink. Come and enjoy the lifestyle of Naples at Fairway Preserve. There is a large pool area with cabanas and grills for entertaining guests. The Spa is open from dawn to dusk and the Exercise center/Racquetball is open from 5:30-10PM. Only 16 minutes from the popular Vanderbilt Beach and less than 5 minutes from the I-75. Seed to table and sprouts are both located only 10 minutes away.

Post Office-5 MIN
Golf-10-20 MIN
Walmart-8 MIN
Delnor-Wiggins State Park- 17 MIN

Last Agent to Sell the Property

Matthew Tuccio

SVN Commercial Partners License #NAPLES-249527802 Listed on: 11/18/2020

Last Buyer's Agent

Matthew Tuccio

SVN Commercial Partners License #NAPLES-249527802 Listed on: 11/18/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,527

Year Built

  • Built in 2001

Lot Details

  • Lake Front
  • West Facing Home
  • Gated Home

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Property Views

  • Lake
  • Pool

Home Design

  • Condo Hotel
  • Split Level Home
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,250 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Family or Dining Combination

Kitchen

  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Built-In Bedroom Cabinets
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Schools

  • Laurel Oak Elementary School
  • Oakridge Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32382104883

Community Details

Overview

  • 12 Units
  • Low-Rise Condominium
  • Fairway Preserve Condos
  • Car Wash Area

Amenities

  • Clubhouse
  • Bike Room

Recreation

  • Racquetball
  • Bocce Ball Court
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,527

Year Built

Built in 2001

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Legal Description: FAIRWAY PRESERVE AT OLDE CYPRESS A CONDOMINIUM # 1114
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.274317$-81.70572$301.41$13.33$1.00$emw_OugPqI3PlYKdlG9bog
  • Building Design: Low Rise (1-3)
  • Building Description: Split level
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 140.00
  • Total Floors: 3
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 1250
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Refrigerator/Freezer, Smoke Detector, Washer
  • Flooring: Carpet, Laminate
  • Floor Plan: Other
  • Interior Amenities: Built-In Cabinets, Closet Cabinets
  • Primary Bathroom: Combo Tub And Shower

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake, Pool/Club, Water
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Entry Phone, Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-596-5380
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Limited Number Vehicles, No Commercial, No RV
  • Sub Condo Name: FAIRWAY PRESERVE
  • HOA Fees: 960
  • HOA Fee Frequency: Quarterly
  • Maintenance: Lawn/Land Maintenance

Association/Amenities

  • Pets: With Approval
  • Development: Old Cypress
  • Amenities: Bike Storage, Bocce Court, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Racquet Ball, Vehicle Wash Area
  • Community Type: Condo/Hotel
  • Units In Building: 12
  • Total Number of Units: 260

Schools

  • Elementary School: LAUREL OAK ELEMENTARY SCHOOL
  • Middle School: OAKRIDGE MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Laurel Oak Elementary School
  • High School: Gulf Coast High School
  • Middle School: Oakridge Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 1114
  • Section: 21
  • Total Area: 1250
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 32382104883

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 1526.69

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 19, 2021
Sold by
101 South Main Street Corp
Bought by
Escobar Denise
Seller's Agent
Matthew Tuccio
SVN Commercial Partners
Buyer's Agent
Matthew Tuccio
SVN Commercial Partners
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%
Current Estimated Value
$296,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,967
Avg. Annual Appreciation
11.07%
Original Mortgage
$140,000
Outstanding Balance
$125,236
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$160,817

Purchase Details

Closed on
Mar 30, 2018
Sold by
Larkspur Properties Llc
Bought by
101 South Main St Corp

Purchase Details

Closed on
Jun 4, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Larkspur Properties Llc

Purchase Details

Closed on
Mar 11, 2009
Sold by
Merlo Brian
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Nov 10, 2006
Sold by
Fairway Preserve Apartments At Olde Cypr
Bought by
Merlo Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Escobar Denise $175,000 Attorney
101 South Main St Corp $1,440,000 Attorney
Larkspur Properties Llc $45,000 Attorney
Federal Home Loan Mortgage Corp -- None Available
Merlo Brian $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escobar Denise $140,000
Previous Owner Larkspur Properties Llc $3,000,000
Previous Owner Merlo Brian $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2021 01/19/21 Sold $175,000 -2.8% $140 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $180,000 -- $144 / 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 $2,282 $222,500 -- $222,500
2024 $2,286 $238,125 -- --
2023 $2,286 $220,114 $0 $0
2022 $2,094 $200,104 $0 $200,104
2021 $1,583 $145,000 $0 $145,000
2020 $1,527 $141,250 $0 $141,250
2019 $1,538 $141,250 $0 $141,250
2018 $1,350 $109,395 $0 $0
2017 $1,253 $99,450 $0 $0
2016 $1,153 $90,409 $0 $0
2015 $1,013 $82,190 $0 $0
2014 $892 $74,718 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Tuccio

    Seller's Agent in 2021

    Matthew Tuccio

    SVN Commercial Partners

    (239) 258-6138

    21 Total Sales

    Matthew Tuccio
    Section Image

  • W

    Buyer Co-Listing Agent in 2021

    William Gutierrez

    INACTIVE AGENT ACCT

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220074819

Naples Area Board of REALTORS®

APN: 32382104883

Florida Collier County Naples 34119

7985 Preserve Cir Unit 1114, Naples, FL

This home is located at 7985 Preserve Cir Unit 1114, Naples, FL 34119 since 18 November 2020 and is currently estimated at $296,967, approximately $237 per square foot. This property was built in 2001. 7985 Preserve Cir Unit 1114 is a home located in Collier County with nearby schools including Laurel Oak Elementary School, Oakridge Middle School, and Gulf Coast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® 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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