NOT LISTED FOR SALE

Estimated Value: $5,462,000 - $6,773,488

4 Beds
4.5 Baths
4,972 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $5,000,000 $1,006 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $36,474/month

56 Days on Market

Highlights

  • Concierge
  • Community Beach Access
  • Property Fronts a Bay or Harbor
  • Sea Gate Elementary School Rated A
  • Private Beach
  • Gated with Attendant

About This Home

As of October 2020

This private, exclusive enclave can only be accessed through a stately gatehouse, staffed 24 hours. This custom designed estate home, boasting 4972 sqft, features 4 spacious bedrooms and 4.5 baths. The minute you enter through the solid oak front door you are met with soaring ceilings & an abundance of warm natural light throughout. The flowing first floor features a great room and adjacent gourmet kitchen, complete with Mele appliances, a wine refrigerator, formal dining, master & guest suite. Relax at the end of the day in your serene master suite steps from the the saltwater pool. The beautiful staircase leads to the second level with 2 additional bedrooms, 2 full baths, a sitting area and spectacular balcony overlooking the pool and estuary. The patio is the perfect place to entertain, enjoy the spectacular sunsets. Bay Colony Beach Club offers indoor & poolside dining w/ tiki bar & lounge chairs, beach umbrellas, towel & food & beverage service Gulf front. Residents also enjoy a private gated access to the Ritz Carlton Beach Resort. The on-site Tennis Club provides 6 Har-Tru courts w/ Pro Shop & terrace. Bay Colony Golf Club & Pelican Isle Yacht Club memberships available.

Last Agent to Sell the Property

Dennis Bowers

Compass Florida LLC Listed on: 07/17/2020

Compass Florida LLC

Last Buyer's Agent

Brian Ohlis

Sun Realty

Sun Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,193

Year Built

  • Built in 1992

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions: 55
  • Property Fronts a Bay or Harbor
  • Private Beach
  • West Facing Home
  • Gated Home

HOA Fees

Parking

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

Property Views

  • Bay Views
  • Views of Preserve

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 4,972 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Sliding Windows
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Marble Flooring

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Concrete Pool
  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Schools

  • Sea Gate Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 80940004801

Community Details

Overview

  • $12,500 Secondary HOA Transfer Fee
  • Private Membership Available

Amenities

  • Concierge
  • Restaurant
  • Clubhouse

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool or Spa Combo
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,193

Year Built

Built in 1992

Lot Details

0

HOA Fees

$1,656 per month

Parking

2

Listing Details

  • Legal Description: VIZCAYA AT BAY COLONY LOT 11
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Partially Furnished
  • Price Per Sq Ft: 1005.63
  • Total Floors: 2
  • Additional Rooms: Balcony, Family Room, Great Room, Home Office, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 4972
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Living Dining, Formal
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Refrigerator/Freezer, Smoke Detector, Wall Oven, Washer/Dryer Hookup, Wine Cooler
  • Flooring: Marble
  • Floor Plan: Split Bedrooms, 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, High Speed Available, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Bay, Preserve
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Salt Water System
  • Private Spa Type: Below Ground, Concrete
  • Waterfront Type: Bay

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: (239) 591-2202
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: VIZCAYA AT BAY COLONY
  • HOA Fees: 11687
  • HOA Fee Frequency: Annually
  • Maintenance: Concierge Service, Lawn/Land Maintenance, Legal/Accounting, Recreational Facilities, Reserve, Security, Street Lights, Street Maintenance
  • Master Hoa Fee: 6261
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 1922
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Bay
  • Amenities: Beach - Private, Beach Access, Bike And Jog Path, Clubhouse, Community Pool, Community Spa/Hot tub, Concierge Services, Private Membership, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated

Fee Information

  • Transfer Fees: 12500.00

Schools

  • Elementary School: SEA GATE ELEMENTARY
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Sea Gate Elementary
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 57
  • Lot Frontage: 55
  • Lot Left: 136
  • Lot Right: 132
  • Lot Unit: 11
  • Section: 33
  • Total Area: 5955
  • Waterfront: Yes
  • Acres: 0.1600
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 55 X 136 X 57 X 132
  • Parcel Number: 80940004801

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 26193.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Patterson Stephen M
Bought by
Patterson Jeanette Keath
Current Estimated Value
$6,112,163

Purchase Details

Closed on
Nov 30, 2022
Sold by
Stephen M Patterson Revocable Trust
Bought by
Stephen M Patterson Revocable Trust

Purchase Details

Closed on
Nov 29, 2022
Sold by
Patterson Stephen M
Bought by
Patterson Jeanette Keath

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 1, 2020
Sold by
Rayburn Terry D
Bought by
Patterson Jeanette K and Patterson Stephen M
Seller's Agent
Dennis Bowers
Compass Florida LLC
Buyer's Agent
Brian Ohlis
Sun Realty
List Price
$5,250,000
Sold Price
$5,000,000
Premium/Discount to List
-$250,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%

Purchase Details

Closed on
Sep 29, 2011
Sold by
The Private Bank & Trust Company
Bought by
Rayburn Terry D

Purchase Details

Closed on
Apr 25, 1997
Sold by
Powell Therese B
Bought by
Borwell Naomi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 1994
Sold by
Powell Therese B
Bought by
Powell Therese B
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
Patterson Jeanette Keath -- --
Stephen M Patterson Revocable Trust -- --
Patterson Jeanette Keath -- None Listed On Document
Stephen M Patterson Revocable Trust -- None Listed On Document
Patterson Jeanette K $5,000,000 Solomon Title Group Llc
Rayburn Terry D $1,500,000 Attorney
Borwell Naomi T $1,295,000 --
Powell Therese B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borwell Naomi T $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $5,000,000 -4.8% $1,006 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $5,250,000 -- $1,056 / 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 $28,950 $2,996,900 -- --
2024 $28,733 $2,912,439 -- --
2023 $28,733 $2,827,611 $0 $0
2022 $29,648 $2,745,253 $0 $0
2021 $29,927 $2,665,294 $0 $0
2020 $23,720 $2,125,683 $1,082,999 $1,042,684
2019 $26,193 $2,335,647 $0 $0
2018 $25,922 $2,292,097 $0 $0
2017 $25,234 $2,244,953 $1,299,946 $945,007
2016 $36,647 $3,287,123 $0 $0
2015 $31,008 $2,394,157 $0 $0
2014 $25,454 $2,176,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 220044002

Naples Area Board of REALTORS®

APN: 80940004801