NOT LISTED FOR SALE

7985 Preserve Cir Unit 1118 Naples, FL 34119

Estimated Value: $273,000 - $401,000

2 Beds
2 Baths
1,215 Sq Ft
$555/mo HOA Fee

Last Sold February 13, 2023

Last sale price $325,000 $267 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,331/month

4 Days on Market

Highlights

  • Lake Front
  • Florida Architecture
  • Screened Porch
  • Laurel Oak Elementary School Rated A
  • Community Pool or Spa Combo
  • Racquetball

About This Home

As of February 2023

Great investment opportunity available in North Naples community of Fairway Preserve. Highly sought after first floor unit with lake view, 2 bedrooms, 2 baths nicely appointed and updated with 2 designated parking places. A real money maker available now! Air conditioner installed 2021, water heater 2013, Kitchen appliances 2019. Close to everything Naples has to offer, don't hesitate, see for yourself and make an offer today! Tenant in place until March 31, 2023 currently at $2200 monthly. Great Community that allows tenants to have pets!

Last Agent to Sell the Property

Jacqueline Maglio

Robert Slack LLC License #BEAR-3382452 Listed on: 01/05/2023

Robert Slack LLC

Last Buyer's Agent

Mandy Navarro

Keller Williams Elite Realty License #FORT-258024693

Keller Williams Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 2001

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $555 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property
  • Single Hung Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Garage Spaces
  • 1 Detached Carport Space
  • Deeded Parking

Outdoor Features

  • Gazebo
  • Outdoor Grill

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 32382104964

Community Details

Overview

  • $100 Secondary HOA Transfer Fee
  • 24 Units
  • Low-Rise Condominium
  • Fairway Preserve Condos
  • Old Cypress Community
  • Car Wash Area

Amenities

  • Bike Room

Recreation

  • Racquetball
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Year Built

Built in 2001

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Legal Description: FAIRWAY PRESERVE AT OLDE CYPRESS A CONDOMINIUM # 1118
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.274359$-81.70585$290.13$13.33$1.00$RuYfODh9NgexGmy2okj1Mw
  • Building Design: Low Rise (1-3)
  • Building Description: Florida
  • Year Built: 2001
  • Property Information: Great investment opportunity available in North Naples community of Fairway Preserve. Highly sought after first floor unit with lake view, 2 bedrooms, 2 baths nicely appointed and updated with 2 designated parking places. A real money maker available now! Air conditioner installed 2021, water heater 2013, Kitchen appliances 2019. Close to everything Naples has to offer, don't hesitate, see for yourself and make an offer today! Tenant in place until March 31, 2023 currently at $2200 monthly. Great Community that allows tenants to have pets!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 267.49
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1215
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator/Freezer, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Internet Available, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Lake
  • Exterior Features: Gazebo, Grill
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 2 Assigned

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 2395965380
  • Approval: Application Fee
  • Management: On-Site
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: FAIRWAY PRESERVE
  • Maintenance: Internet/WiFi Access, Lawn/Land Maintenance, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Trash Removal, Water
  • Master Hoa Fee: 1665
  • Master HOA Fee Frequency: Quarterly
  • Development Name: OLD CYPRESS

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 300
  • Development: Old Cypress
  • Amenities: Bike Storage, Community Pool, Community Spa/Hot tub, Exercise Room, Other, Racquet Ball, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 24
  • Total Number of Units: 264

Fee Information

  • Transfer Fees: 100.00
  • Application Fee: 200.00

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: 1118
  • Section: 21
  • Total Area: 1215
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 32382104964

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Municipal Service Tax Unit
  • Taxes: 1801.72
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 6, 2023
Sold by
Cardilicchia Antonio and Cardilicchia Sandra
Bought by
Trask Jeffrey
Seller's Agent
Jacqueline Maglio
Robert Slack LLC
Buyer's Agent
Mandy Navarro
Keller Williams Elite Realty
List Price
$325,000
Sold Price
$325,000
Views
47
Current Estimated Value
$306,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,628
Avg. Annual Appreciation
-2.24%
Original Mortgage
$125,000
Outstanding Balance
$121,183
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$185,189

Purchase Details

Closed on
Apr 1, 2022
Sold by
Mascia and Charine
Bought by
Cardilicchia Antonio and Cardilicchia Sandra

Purchase Details

Listed on
Mar 1, 2019
Closed on
Sep 25, 2019
Sold by
Re Invest Llc
Bought by
Mascia John and Mascia Charine
Seller's Agent
Matthew Liguori
DomainRealty.com LLC
Buyer's Agent
Maria Ferrara-Gelardi
Premiere Plus Realty Company
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$120,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 2007
Sold by
Fairway Preserve Apartments At Olde Cypr
Bought by
Re Invest Llc
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
Trask Jeffrey $325,000 Omega National Title
Cardilicchia Antonio $288,000 Conroy Conroy & Durant Pa
Mascia John $160,000 Attorney
Re Invest Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trask Jeffrey $125,000
Previous Owner Mascia John $120,000
Previous Owner Re Invest Llc $136,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $325,000 0.0% $267 / Sq Ft
01/09/2023 01/09/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $325,000 +103.1% $267 / Sq Ft
09/25/2019 09/25/19 Sold $160,000 -3.0% $126 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $165,000 -7.8% $130 / Sq Ft
03/01/2019 03/01/19 For Sale $179,000 -- $142 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $1,891 $220,550 -- $220,550
2024 $2,383 $236,345 -- $236,345
2023 $2,383 $242,850 $0 $242,850
2022 $1,802 $155,342 $0 $0
2021 $1,542 $141,220 $0 $141,220
2020 $1,487 $137,575 $0 $137,575
2019 $1,803 $165,575 $0 $165,575
2018 $1,828 $163,419 $0 $0
2017 $1,707 $148,563 $0 $0
2016 $1,559 $135,057 $0 $0
2015 $1,404 $122,779 $0 $0
2014 -- $111,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jacqueline Maglio

    Seller's Agent in 2023

    Jacqueline Maglio

    Robert Slack LLC

    (239) 227-2000

    67 Total Sales

    Jacqueline Maglio
    Section Image
  • Mandy Navarro

    Buyer's Agent in 2023

    Mandy Navarro

    Keller Williams Elite Realty

    (239) 722-7584

    111 Total Sales

    Mandy Navarro
    Section Image

  • M

    Seller's Agent in 2019

    Matthew Liguori

    DomainRealty.com LLC

    Section Image
  • Maria Ferrara-Gelardi

    Buyer's Agent in 2019

    Maria Ferrara-Gelardi

    Premiere Plus Realty Company

    (203) 962-5924

    32 Total Sales

    Maria Ferrara-Gelardi
    Section Image
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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 223000757

Multiple Listing Service of Bonita Springs-Estero

APN: 32382104964

Florida Collier County Naples 34119

7985 Preserve Cir Unit 1118, Naples, FL

This home is located at 7985 Preserve Cir Unit 1118, Naples, FL 34119 since 05 January 2023 and is currently estimated at $306,372, approximately $252 per square foot. This property was built in 2001. 7985 Preserve Cir Unit 1118 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.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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