NOT LISTED FOR SALE

7985 Preserve Cir Unit 1117 Naples, FL 34119

Estimated Value: $264,138 - $376,000

2 Beds
2 Baths
1,215 Sq Ft
$330/mo HOA Fee

Last Sold November 12, 2021

Last sale price $245,000 $202 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,077/month

7 Days on Market

Highlights

  • Community Pool
  • Eat-In Kitchen
  • Laundry Room
  • Laurel Oak Elementary School Rated A
  • Concrete Block With Brick
  • Tile Flooring

About This Home

As of November 2021

New Cabinets and countertops in kitchen, New LVT Flooring, 1st floor next to clubhouse this 2 bedroom 2 bath is ready to move in. Fairways Preserve is rich in amenities with Pool, Spa, Fitness room, racquetball, horseshoes and clubhouse. Walking distance to Gulf Coast High School and minutes from the new Founders Square and a short drive to Delnor-Wiggins Pass State Park.

Last Agent to Sell the Property

Kim Reed

Reed Property Mgt. & Sales Listed on: 10/04/2021

Last Buyer's Agent

Chris Tibbles

John R Wood Properties

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,411

Year Built

  • Built in 2001

Lot Details

  • South Facing Home

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Parking Garage Space

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,215 Sq Ft Home
  • 3-Story Property
  • Single Hung Windows

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

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 32382104948

Community Details

Overview

  • 24 Units
  • Low-Rise Condominium
  • Fairway Preserve Condos

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,411

Year Built

Built in 2001

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Legal Description: FAIRWAY PRESERVE AT OLDE CYPRESS A CONDOMINIUM # 1117
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.274359$-81.70585$287.33$13.33$1.00$O-eAcmB8TnNcRoi8Hl3Oeg
  • Building Design: Low Rise (1-3)
  • Building Description: Multi-Story Home
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 201.65
  • Total Floors: 3
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 1215
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Tile, Vinyl
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Parking Lot
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: 1 Assigned

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Buyer, Interview
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: No RV
  • Sub Condo Name: FAIRWAY PRESERVE
  • Condo Fees: 990
  • Condo Fee Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Old Cypress
  • Amenities: Community Pool, Community Room
  • Community Type: Gated
  • Units In Building: 24
  • Total Number of Units: 264

Fee Information

  • Application Fee: 100.00

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: 1117
  • Section: 21
  • Total Area: 1215
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 32382104948

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Taxes: 1411.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 15, 2021
Sold by
44 Naples Llc
Bought by
Frank Rachel and Demay Theresa
Seller's Agent
Kim Reed
Reed Property Mgt. & Sales
Buyer's Agent
Chris Tibbles
John R Wood Properties
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%
Current Estimated Value
$297,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,285
Avg. Annual Appreciation
4.11%
Original Mortgage
$211,500
Outstanding Balance
$194,210
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$92,119

Purchase Details

Closed on
Aug 4, 2021
Sold by
101 South Main Street Corp
Bought by
44 Naples Llc

Purchase Details

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

Purchase Details

Closed on
Dec 23, 2011
Sold by
Schini David J
Bought by
Larkspur Properties

Purchase Details

Closed on
Nov 10, 2005
Sold by
Fairway Preserve Apartments At Olde Cypr
Bought by
Schini David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,400
Interest Rate
2%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Frank Rachel $245,000 Attorney
44 Naples Llc $1,080,000 Attorney
101 South Main St Corp $1,440,000 Attorney
Larkspur Properties $65,000 Bayside Title & Escrow Inc
Schini David J $293,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frank Rachel $211,500
Previous Owner Larkspur Properties Llc $3,000,000
Previous Owner Schini David J $234,400
Previous Owner Schini David J $29,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $245,000 -3.9% $202 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $255,000 -- $210 / 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 $2,119 $206,550 -- $206,550
2024 $2,135 $220,635 -- --
2023 $2,135 $204,214 $0 $0
2022 $1,942 $185,649 $0 $185,649
2021 $1,465 $134,220 $0 $134,220
2020 $1,411 $130,575 $0 $130,575
2019 $1,422 $130,575 $0 $130,575
2018 $1,219 $96,099 $0 $0
2017 $1,129 $87,363 $0 $0
2016 $1,037 $79,421 $0 $0
2015 $904 $72,201 $0 $0
2014 $790 $65,637 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221070547

Naples Area Board of REALTORS®

APN: 32382104948