$143,000
SOLD JAN 31, 2017

8298 Key Royal Ln Unit 423 Naples, FL 34119

Arrowhead-Island Walk Neighborhood
2 Beds
1 Bath
1,010 Sq Ft
2003 Built

Recently Sold

$142 Per Sq Ft

1% Below List Price

41 Days on Market

About This Home

As of January 2017

UPDATED PHOTOS.. Presenting a freshly painted and carpeted Key Royal condo... attractively priced and waiting for you! The 2nd floor, 2/1 condo boasts a SW exposure lake view, and has updated kitchen cabinets, a new hot water heater, and a newer dishwasher and disposal. This ever popular community features amenities including a large clubhouse, 24 hour exercise room, heated pool and spa, poolside tiki hut, car wash area, and garbage valet. In addition, all poolside furniture has been recently replaced, and building exteriors have just been power washed and painted. This community also enjoys the benefits of an onsite property manager and security patrol. Key Royal is a well-maintained community with low condo fees, and an excellent location with plenty of shopping, new dining options and the new NCH NE Hospital/Healthcare facility less than 5 minutes away! A public golf course is nearby, along with I-75 access, and it is a short 8 miles drive to the beach at Wiggins Pass State Park. This condo will not last- schedule a showing today!

Last Agent to Sell the Property

Michele Corso

Realty One Group MVP Listed on: 10/29/2016

Co-Listed By

Michael Corso

Realty One Group MVP License #NAPLES-249515926

Last Buyer's Agent

Sandy Pastoor

Downing Frye Realty Inc. License #NAPLES-249517170

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,064

Year Built

  • 2003

Parking

  • Deeded Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,010 Sq Ft Home
  • 3-Story Property

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Key Royal Condominiums

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,064

Year Built

2003

Lot Details

0

Listing Details

  • Legal Description: KEY ROYAL A CONDOMINIUM UNIT 423
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Additional Rooms: Guest Room, Laundry in Residence
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors, Pantry, Walk-In Closet, Window Coverings
  • Primary Bathroom: Combo Tub And Shower
  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 151.16
  • Total Floors: 3

Exterior Features

  • Roof: Tile
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Windows: Single Hung, Sliding

Garage/Parking

  • Parking: 1 Assigned

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Security: Gated, Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: BBQ - Picnic, Billiards, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Library, Sidewalk, Streetlight, Vehicle Wash Area, Business Center, Internet Access
  • Community Type: Gated
  • Maintenance: Cable, Irrigation Water, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Street Lights, Street Maintenance, Trash Removal, Lawn/Land Maintenance, Water
  • Management Company Phone: 2393043266
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: No Commercial, No RV, Architectural, Deeded
  • Sub Condo Name: KEY ROYAL CONDOMINIUMS

Association/Amenities

  • Units in Building: 18
  • Total Number of Units: 270
  • Pets: With Approval
  • Development: Key Royal Condominiums

Fee Information

  • Condo Fees: 732
  • Condo Fee Frequency: Quarterly
  • 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

  • Lot Description: Zero Lot Line
  • Rear Exposure: Southwest
  • View: Lake
  • Waterfront: Lake
  • Lot Unit: 423
  • Section: 27
  • Total Area: 1010

Rental Info

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

Tax Info

  • Tax Description: County Only, No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Orlich Chadwick M and Orlich Patrick Jacqueline
Bought by
Mansour Maged A and Mansour Ninette S
Current Estimated Value
$252,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Outstanding Balance
$96,248
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,656

Purchase Details

Listed on
Oct 29, 2016
Closed on
Jan 31, 2017
Sold by
Simeone Gaetano and Simeone Marisa
Bought by
Orlich Chadwick M and Patrick Jacqueline
Seller's Agent
Michele Corso
Realty One Group MVP
Buyer's Agent
Sandy Pastoor
Downing Frye Realty Inc.
List Price
$145,000
Sold Price
$143,000
Premium/Discount to List
-$2,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$135,850
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2014
Closed on
Apr 1, 2015
Sold by
Miller Charlie O
Bought by
Simeone Gaetano and Simeone Marisa
Seller's Agent
Ethan May
DomainRealty.com LLC
Buyer's Agent
Ethan May
DomainRealty.com LLC
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$92,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Fermm Llc
Bought by
Miller Charlie O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,191
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $154,000 Omega National Title Agency
Warranty Deed $143,000 Florida Title & Guarantee Ag
Warranty Deed $115,000 North American Title Company
Warranty Deed $137,990 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,800 Purchase Money Mortgage
Previous Owner $135,850 New Conventional
Previous Owner $92,000 New Conventional
Previous Owner $124,191 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2017 01/31/17 Sold $143,000 -2.7% $142 / Sq Ft
12/09/2016 12/09/16 Pending -- -- --
12/03/2016 12/03/16 Price Changed $147,000 +1.4% $146 / Sq Ft
10/29/2016 10/29/16 For Sale $145,000 +26.1% $144 / Sq Ft
04/01/2015 04/01/15 Sold $115,000 -11.5% $122 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $129,900 -- $137 / 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 $2,064 $201,543 -- $201,543
2024 $2,014 $201,115 -- --
2023 $2,014 $182,832 $0 $0
2022 $1,822 $166,211 $0 $166,211
2021 $1,428 $125,046 $0 $125,046
2020 $1,393 $123,160 $0 $123,160
2019 $1,381 $121,274 $0 $121,274
2018 $1,347 $118,445 $0 $118,445
2017 $1,334 $114,730 $0 $0
2016 $1,200 $104,300 $0 $0
2015 $888 $71,295 $0 $0
2014 -- $64,814 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Corso

    Seller's Agent in 2017

    Michele Corso

    Realty One Group MVP

    (239) 287-4242

    25 in this area

    55 Total Sales

    Michele Corso
    Section Image
  • Michael Corso

    Seller Co-Listing Agent in 2017

    Michael Corso

    Realty One Group MVP

    (239) 287-4242

    24 in this area

    52 Total Sales

    Michael Corso
    Section Image

  • S

    Buyer's Agent in 2017

    Sandy Pastoor

    Downing Frye Realty Inc.

    Section Image

  • E

    Seller's Agent in 2015

    Ethan May

    DomainRealty.com LLC

See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 216067691

Naples Area Board of REALTORS®

APN: 52790001260

Florida Collier County Naples 34119 Arrowhead-Island Walk

8298 Key Royal Ln Unit 423, Naples, FL

This home is located at 8298 Key Royal Ln Unit 423, Naples, FL 34119 and is currently priced at $143,000, approximately $141 per square foot. This property was built in 2003. 8298 Key Royal Ln Unit 423 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.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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