NOT LISTED FOR SALE

8500 Mystic Greens Way Unit 503 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $442,000 - $536,000

2 Beds
2 Baths
2,313 Sq Ft
2000 Built

Last Sold May 27, 2016

Last sale price $302,500 $131 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,937/month

85 Days on Market

About This Home

As of May 2016

LOVELY 2 BEDROOM, 2 BATH PLUS DEN. GOLF COURSE AND WATER VIEW FEATURING THE FLAMINGO'S SIGNATURE PAR THREE. PRIDE OF OWNERSHIP ABOUNDS IN THIS PERFECTLY MAINTAINED CONDOMINIUM. TASTEFULLY FURNISHED AND DECORATED. PLANTATION SHUTTERS ON MOST WINDOWS AND ELECTRIC HURRICANE SHUTTERS ON LANAI. LELY RESORT OFFERS THREE GOLF COURSES, THE PLAYERS CLUB AND SPA(OPTIONAL WITH THIS PROPERTY) AND IS JUST MINUTES FROM AREA BEACHES, SHOPPING, 5TH AVENUE DINING DISTRICT AND SO MUCH MORE!

Last Agent to Sell the Property

Jone Miller

Downing Frye Realty Inc. Listed on: 01/11/2016

Downing Frye Realty Inc.

Last Buyer's Agent

Susan Demaagd

Downing Frye Realty Inc.

Downing Frye Realty Inc.

Property Details

Home Type

  • Condominium

Year Built

  • 2000

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,313 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

Community Details

Overview

  • $100 Secondary HOA Transfer Fee
  • Low-Rise Condominium
  • Mystic Greens Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Year Built

2000

Lot Details

0

Listing Details

  • Legal Description: MYSTIC GREENS I A CONDOMINIUM BLDG 5-503
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2000

Interior Features

  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Bedroom Description: Split Bedrooms
  • Bedrooms and Dens: 2+Den
  • Dining Room: Family Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator/Icemaker
  • Floor Plan: Great Room
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Custom Mirrors, Fire Sprinkler, Foyer, Laundry Tub, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Room Count: 7
  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 160.90
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Reclaimed
  • Road: Private Road
  • Storm Protection: Electric Shutters
  • Windows: Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Driveway Paved, Guest, Paved Parking

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Streetlight, Underground Utility
  • Community Type: Gated, Golf Course
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Security, Water
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: MYSTIC GREENS

Association/Amenities

  • Units in Building: 6
  • Total Number of Units: 96
  • Pets: With Approval
  • Development: Lely Resort

Fee Information

  • Condo Fees: 1663.55
  • Condo Fee Frequency: Quarterly
  • Master HOA Fee: 129.29
  • Master HOA Fee Frequency: Annually
  • Special Assessment: 642.47
  • Special Assessment Frequency: Annually
  • Transfer Fees: 100.00
  • Application Fee: 100.00

Schools

  • Elementary School: Lely Elementary School
  • High School: Lely High School
  • Middle School: Manatee Middle School

Lot Info

  • Lot Description: Golf Course
  • Rear Exposure: East
  • View: Golf Course, Lake
  • Section: 33
  • Total Area: 2313

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
May 17, 2016
Sold by
700246 Ontario Inc
Bought by
Ferman Gary
Seller's Agent
Jone Miller
Downing Frye Realty Inc.
Buyer's Agent
Susan Demaagd
Downing Frye Realty Inc.
List Price
$329,900
Sold Price
$302,500
Premium/Discount to List
-$27,400
-8.31%
Current Estimated Value
$480,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,441
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Jul 7, 2000
Sold by
Mystic Greens Iii At Lely Resort Ltd
Bought by
700246 Ontario Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ferman Gary $302,500 None Available
700246 Ontario Inc $190,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $302,500 -5.4% $131 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $319,900 -3.0% $138 / Sq Ft
01/11/2016 01/11/16 For Sale $329,900 -- $143 / 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 $4,894 $352,205 -- --
2024 $4,838 $320,186 -- --
2023 $4,838 $291,078 $0 $0
2022 $4,370 $264,616 $0 $0
2021 $3,790 $240,560 $0 $240,560
2020 $3,562 $224,920 $0 $224,920
2019 $3,705 $236,200 $0 $236,200
2018 $4,017 $264,400 $0 $264,400
2017 $3,975 $264,400 $0 $264,400
2016 $3,613 $222,596 $0 $0
2015 $3,193 $202,360 $0 $0
2014 $3,011 $184,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216002450

Naples Area Board of REALTORS®

APN: 60835300504