NOT LISTED FOR SALE

Estimated Value: $670,000 - $874,055

5 Beds
4.5 Baths
3,283 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $850,000 $259 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,887/month

46 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • Screened Porch
  • Calusa Park Elementary School Rated A-
  • Loft
  • Den

About This Home

As of June 2023

Custom-built and move-in ready, 5 bed, 4.5 bath residence with long lake views on an oversized lot in highly sought-after Madison Park—this is the largest under-air square foot home in the community. Sold turnkey, the furniture and beds throughout are still like new. This home boasts a thoughtful floor plan, two separate living areas (formal and informal), a formal dining room, a breakfast nook, large diagonal tile throughout main living areas, a sprawling loft area/flex space/bonus room ( This makes a dream home office space!), and a 2-car garage PLUS a separate 1-car garage with its own driveway. The open-concept kitchen was built for entertaining and boasts granite counters, stainless steel appliances, an eat-in bar, ample cabinetry, and a coffee station. Upgrades include a new upper A/C in 2016 and new pool heater (2018). The sprawling lanai offers a solar-heated pool and spa for year-round enjoyment, a pool bath, and plenty of dining and lounging areas—all overlooking the sparkling lake. Bonus: low HOA fees. Madison Park enjoys an A1 location, minutes from downtown Olde Naples, 5th Ave S. and world-class beaches plus is close to every convenience imaginable. Pool Table is set up and ready to play !

Last Agent to Sell the Property

Cameron Murray

WeichertRealtors-ParadiseHomes Listed on: 04/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,687

Year Built

  • Built in 2011

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 84
  • Lake Front
  • Northwest Facing Home

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 3,283 Sq Ft Home
  • 2-Story Property
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • In Ground Spa
  • Solar Heated Spa
  • Screened Spa

Schools

  • Calusa Park Elementary School
  • East Naples Middle School
  • Golden Gate High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • $2,000 Secondary HOA Transfer Fee
  • Madison Park Community
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 56324016465

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,687

Year Built

Built in 2011

Lot Details

0

HOA Fees

$236 per month

Parking

3

Listing Details

  • Legal Description: MADISON PARK PHASE TWO LOT 281
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.151322$-81.703679$24.78$13.33$1.00$zrSIyqXsO9I2gf4spI0MeA
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Windows, Shutters - Manual
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Turnkey
  • Price Per Sq Ft: 258.91
  • Total Floors: 2
  • Additional Rooms: Den/Study, Family Room, Laundry in Residence, Loft, Screened Lanai/Porch
  • Estimated Living Area: 3283
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5 Bed
  • Total Bedrooms: 5
  • Dining Room: Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Dishwasher, Dryer, Microwave, Range, Refrigerator, Refrigerator/Freezer, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: 2 Story
  • Interior Amenities: Cable Prewire, Smoke Detectors, Walk-In Closet
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • View: Lake
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Solar, Pool Bath, Screened
  • Private Spa Type: Below Ground, Heated Solar, Screened
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: MADISON PARK
  • HOA Fees: 708
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Street Lights, Street Maintenance
  • Development Name: MADISON PARK

Association/Amenities

  • Pets: With Approval
  • Development: Madison Park
  • Amenities: Sidewalk, Streetlight, Underground Utility
  • Community Type: Non-Gated
  • Total Number of Units: 1

Fee Information

  • Transfer Fees: 2000.00
  • Application Fee: 200.00

Schools

  • Elementary School: Calusa Park Elementary School
  • High School: Golden Gate High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 4
  • Total Area: 4255
  • Waterfront: Yes
  • Acres: 0.2300
  • Rear Exposure: Northwest
  • Lot Description: Oversize
  • Lot Dimensions: 84 X 140 X 64 X 140
  • Parcel Number: 56324016465

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 6687.27
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 26, 2023
Sold by
Berger Bruce and Berger Ruth
Bought by
Newman Veronique
Seller's Agent
Cameron Murray
WeichertRealtors-ParadiseHomes
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Views
95
Current Estimated Value
$775,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,486
Avg. Annual Appreciation
-3.49%
Original Mortgage
$650,000
Outstanding Balance
$633,308
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$142,206

Purchase Details

Closed on
Feb 25, 2011
Sold by
Lennar Homes Llc
Bought by
Berger Bruce and Berger Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Centex Homes
Bought by
Lennar Homes Llc
Source: Public Records
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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
Newman Veronique $850,000 None Listed On Document
Berger Bruce $357,000 North American Title Company
Lennar Homes Llc $366,000 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Veronique $650,000
Previous Owner Berger Bruce $249,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $850,000 -5.5% $259 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $899,000 0.0% $274 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
04/01/2023 04/01/23 For Sale $899,000 -- $274 / 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 $7,629 $709,714 $285,148 $424,566
2024 $7,169 $718,941 $206,862 $512,079
2023 $7,169 $579,191 $0 $0
2022 $6,687 $526,537 $0 $0
2021 $5,781 $478,670 $49,799 $428,871
2020 $5,443 $454,254 $41,213 $413,041
2019 $5,179 $428,600 $30,910 $397,690
2018 $5,179 $429,628 $49,799 $379,829
2017 $5,269 $427,411 $0 $0
2016 $4,732 $388,555 $0 $0
2015 $5,420 $415,467 $0 $0
2014 $4,937 $377,697 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223019140

Naples Area Board of REALTORS®

APN: 56324016465