NOT LISTED FOR SALE

Estimated Value: $265,000 - $376,000

3 Beds
2 Baths
1,186 Sq Ft
$259/mo HOA Fee

Last Sold April 26, 2021

Last sale price $197,000 $166 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,077/month

49 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Traditional Architecture
  • Laurel Oak Elementary School Rated A
  • Clubhouse
  • Community Pool or Spa Combo

About This Home

As of April 2021

Investor special. This unit has nine years of consistent rental income. Stable Tenant in place. Receive income prior to moving in, attractive for end-users and investors alike. This spacious second floor 3 bed, 2 bath condo is located in the gated community of Key Royal. Enjoy laminate and tile flooring in every room, updated modern light fixtures and vanities. You can also enjoy a gorgeous Naples sunset over the lake from your personal screened lanai. Key Royal has plenty of amenities including a great clubhouse with a fitness center, large pool, and spa. This community has easy access to I-75, shopping, is in an excellent school district, and is just a short drive to the Gulf and Naples gorgeous beaches.

Last Agent to Sell the Property

Trevor Ekovich

License #NAPLES-249523742 Listed on: 02/05/2021

Last Buyer's Agent

Carmen Badan

RealPro Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 2003

Lot Details

  • Lake Front
  • East Facing Home
  • Gated Home

HOA Fees

  • $259 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,186 Sq Ft Home
  • 3-Story Property
  • Family or Dining Combination
  • Screened Porch
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • Deeded Parking

Schools

  • Laurel Oak Elementary School
  • Oakridge Middle School
  • Gulf Coast High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52790001325

Community Details

Overview

  • 18 Units
  • Low-Rise Condominium
  • Key Royal Condominiums
  • Car Wash Area

Amenities

  • Clubhouse
  • Business Center

Recreation

  • Fitness Center
  • Exercise Course
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,682

Year Built

Built in 2003

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Legal Description: KEY ROYAL A CONDOMINIUM UNIT 426
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27290156417443$-81.69867225084433$176.44$13.33$1.00$QkWZHwVK7eEkwGWB0bbOCg
  • Building Design: Low Rise (1-3)
  • Building Description: Traditional
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 166.10
  • Total Floors: 3
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1186
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Family Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Washer
  • Flooring: Laminate, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Smoke Detectors
  • Primary Bathroom: Combo Tub And Shower

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake, Landscaped Area
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Parking: 1 Assigned

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-304-3266
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: KEY ROYAL CONDOMINIUMS
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Street Lights, Trash Removal
  • Master Hoa Fee: 776
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Key Royal Condominiums
  • Amenities: Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Fitness Center Attended, Streetlight, Underground Utility, Vehicle Wash Area
  • Community Type: Gated
  • Units In Building: 18
  • Total Number of Units: 270

Fee Information

  • 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

  • Builder Product: No
  • Lot Unit: 426
  • Section: 27
  • Total Area: 1186
  • Waterfront: Yes
  • Rear Exposure: East
  • Parcel Number: 52790001325

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 1682.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2022
Sold by
Roth Jacob Saul and Revo Lynnette
Bought by
Kr426 Llc
Current Estimated Value
$301,997

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 26, 2021
Sold by
Key Royal 8298 Llc
Bought by
Roth Jacob Saul and Roth Lynette A
Seller's Agent
Trevor Ekovich
Buyer's Agent
Carmen Badan
RealPro Realty LLC
List Price
$204,900
Sold Price
$197,000
Premium/Discount to List
-$7,900
-3.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.31%

Purchase Details

Closed on
Mar 28, 2012
Sold by
Soldi Masari Llc
Bought by
Key Royal 8298 Llc

Purchase Details

Closed on
Dec 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Soldi Masari Llc

Purchase Details

Closed on
Jul 26, 2011
Sold by
Ortiz Fausto J and Ortiz Heidy C
Bought by
Federal National Mortgage Association
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
Kr426 Llc -- Salvatori Law Office Pllc
Roth Jacob Saul $197,000 Attorney
Key Royal 8298 Llc $89,500 Attorney
Soldi Masari Llc $78,000 New House Title Llc
Federal National Mortgage Association -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2021 04/26/21 Sold $197,000 -1.0% $166 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/11/2021 03/11/21 Price Changed $199,000 -2.9% $168 / Sq Ft
02/05/2021 02/05/21 For Sale $204,900 -- $173 / 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 $2,598 $253,386 -- $253,386
2024 $2,537 $253,532 -- --
2023 $2,537 $230,484 $0 $0
2022 $2,297 $209,531 $0 $209,531
2021 $1,789 $156,692 $0 $156,692
2020 $1,682 $144,290 $0 $0
2019 $1,600 $131,173 $0 $0
2018 $1,503 $119,248 $0 $0
2017 $1,447 $108,407 $0 $0
2016 $1,302 $98,552 $0 $0
2015 $1,117 $89,593 $0 $0
2014 -- $81,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221009576

Naples Area Board of REALTORS®

APN: 52790001325