NOT LISTED FOR SALE

7985 Preserve Cir Unit 1124 Naples, FL 34119

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

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

Last Sold February 26, 2021

Last sale price $178,000 $142 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,992/month

53 Days on Market

Highlights

  • Lake Front
  • Community Cabanas
  • Cathedral Ceiling
  • Laurel Oak Elementary School Rated A
  • Clubhouse
  • Exercise Course

About This Home

As of February 2021

Spacious 2br/2ba Condo on the second 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 famous Vanderbilt Beach/Mercato and less than 5 minutes from the I-75. Seed to table and sprouts are both located only 10 minutes away.

**As Is Contracts Only**

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: 11/22/2020

Last Buyer's Agent

Christina Falzarano Bajrakta

The Real Estate Connection LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,505

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

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,250 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Family or Dining Combination
  • Lake Views
  • Alarm System
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

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 32382105044

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Exercise Course
  • Community Cabanas
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,505

Year Built

Built in 2001

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Legal Description: FAIRWAY PRESERVE AT OLDE CYPRESS A CONDOMINIUM # 1124
  • 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: Multi-Story Home
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 142.40
  • Total Floors: 3
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 1250
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining
  • Equipment: Disposal, Refrigerator/Freezer, Smoke Detector
  • Flooring: Carpet, Laminate
  • Floor Plan: Other
  • Interior Amenities: Cathedral Ceiling
  • Primary Bathroom: Separate Tub And Shower

Exterior Features

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

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Alarm, Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

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

Association/Amenities

  • Pets: With Approval
  • Development: Old Cypress
  • Amenities: BBQ - Picnic, Cabana, Clubhouse, Community Pool, Community Room, Exercise Room, Sidewalk, Streetlight
  • Community Type: Gated
  • 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: 1124
  • Section: 21
  • Total Area: 1250
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 32382105044

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: 1505.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2020
Closed on
Feb 26, 2021
Sold by
101 South Main Street Corp
Bought by
Schold Amanda
Seller's Agent
Matthew Tuccio
SVN Commercial Partners
Buyer's Agent
Christina Falzarano Bajrakta
The Real Estate Connection LLC
List Price
$180,000
Sold Price
$178,000
Premium/Discount to List
-$2,000
-1.11%
Current Estimated Value
$290,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,819
Avg. Annual Appreciation
11.31%
Original Mortgage
$166,250
Outstanding Balance
$149,031
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$141,788

Purchase Details

Closed on
Nov 9, 2009
Sold by
Hilkemann Christopher
Bought by
Larkspur Properties

Purchase Details

Closed on
Dec 15, 2006
Sold by
Fairway Preserve Apartments At Olde Cypr
Bought by
Hilkemann Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.87%
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
Schold Amanda $178,000 Attorney
Larkspur Properties $37,432 None Available
Hilkemann Christopher $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schold Amanda $166,250
Previous Owner Larkspur Properties Llc $3,000,000
Previous Owner Hilkemann Christopher $248,000
Previous Owner Hilkemann Christopher $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $178,000 -1.1% $142 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/09/2021 01/09/21 For Sale $180,000 0.0% $144 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
11/22/2020 11/22/20 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 $1,637 $215,925 -- --
2024 $1,616 $209,840 -- --
2023 $1,616 $203,728 $0 $0
2022 $1,658 $197,794 $0 $197,794
2021 $1,561 $143,000 $0 $143,000
2020 $1,505 $139,250 $0 $139,250
2019 $1,516 $139,250 $0 $139,250
2018 $1,330 $107,624 $0 $0
2017 $1,233 $97,840 $0 $0
2016 $1,140 $88,945 $0 $0
2015 $1,000 $80,859 $0 $0
2014 $880 $73,508 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220074975

Naples Area Board of REALTORS®

APN: 32382105044