NOT LISTED FOR SALE

8570 Mustang Dr Unit 29 Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $400,000 - $480,000

3 Beds
2 Baths
1,466 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $290,000 $198 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,634/month

80 Days on Market

Highlights

  • Golf Course Community
  • Vaulted Ceiling
  • Community Pool
  • Lake View
  • Furnished
  • Electric Shutters

About This Home

As of June 2018

Beautifully updated turnkey furnished Villa in one of Naples premier communities at Lely Resort! A beautiful SW exposure overlooking the golf course form the extended lanai. This great room floor plan has cathedral ceilings and tile flooring throughout. There is an extended garage that accommodates a 20ft boat. This home has been meticulously maintained. It has been freshly painted and has a new roof and a/c. There are hurricane shutters for storm protection too. Enjoy this amenity rich community with VERY LOW fees! Mustang Villa's are deeded as single-family homes so you avoid high condo fees. You have the OPTION of joining the fantastic Player's Club & Spa and the opportunity to play golf on two public golf courses or join the private Classics Golf Club. At the Player's Club & Spa you'll enjoy over the top resort amenities including walk-in pools with waterfalls, full-service dining with an indoor/outdoor bar, bocce courts, 13 tennis courts, full-service spa and fitness center.

Last Agent to Sell the Property

Tara Olson

MVP Realty Associates LLC License #258018568 Listed on: 03/10/2018

MVP Realty Associates LLC

Last Buyer's Agent

Stephanie Rubino

Real Broker, LLC License #249521196

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1995

Lot Details

  • Northeast Facing Home

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Golf Course

Home Design

  • Villa
  • Property Attached
  • Entry on the 1st floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,466 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Electric Shutters
  • Single Hung Windows
  • French Doors
  • Open Floorplan
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 60700000764

Community Details

Overview

  • Association fees include management, cable TV, irrigation water, street lights
  • Association Phone (239) 793-3608
  • Mustang Villas Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,393

Year Built

Built in 1995

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Ownership: Single Family
  • Subdivision Name: MUSTANG VILLAS
  • Directions: From Downtown Naples: Go 7.5 Miles EAST on US 41, Take LEFT onto Lely Resort Blvd, go about 1/4 mile to LEFT into Mustang Villas - non-gated, 
Lely Resort has roving Patrol for security.
_______________________________________________________
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1995
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Villa
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Bathtub, Dual Sinks, Eat-in Kitchen, Family/Dining Room, French Door(s)/Atrium Door(s), High Speed Internet, Living/Dining Room, Separate Shower, Cable TV, Vaulted Ceiling(s)
  • Living Area: 1466.0
  • Stories: 1
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Golf Course, Landscaped, Lake
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Exterior Features: Room For Pool, Shutters Electric
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf
  • Amenities: Pool
  • Association Fee: 518.0
  • Association Fee Frequency: Annually
  • Phone: 239-793-3608
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Irrigation Water, Street Lights

Schools

  • Elementary School: LELY ELEMENTARY SCHOOL
  • High School: LELY HIGH SCHOOL
  • Middle Or Junior School: MANATEE MIDDLE SCHOOL

Lot Info

  • Parcel #: 60700000764
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2393.0
  • Tax Lot: 29
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Davies Theodore E C and Davies Debra Jo
Bought by
Hultman Gregory C and Hultman Connie J
Current Estimated Value
$432,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Outstanding Balance
$205,963
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$226,261

Purchase Details

Listed on
Mar 10, 2018
Closed on
Jun 29, 2018
Sold by
Ahnen Christopher R
Bought by
Davies Theodore E C and Davies Debra Jo C
Seller's Agent
Tara Olson
MVP Realty Associates LLC
Buyer's Agent
Stephanie Rubino
Real Broker, LLC
List Price
$322,900
Sold Price
$290,000
Premium/Discount to List
-$32,900
-10.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2013
Sold by
Ahnen Robert A and Ahnen Alice M
Bought by
Ahnen Robert A

Purchase Details

Closed on
Jan 6, 2000
Sold by
Ahnen Robert A and Ahnen Alice M
Bought by
Ahnen Robert A

Purchase Details

Closed on
Mar 18, 1994
Sold by
Mustang Dev Corp
Bought by
Ahnen Robert A and Ahnen Alice M
Source: Public Records

Range of Values:

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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
Hultman Gregory C $290,000 North American Title Company
Davies Theodore E C $290,000 North American Title Co
Ahnen Robert A -- Attorney
Ahnen Robert A -- --
Ahnen Robert A $139,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hultman Gregory C $232,000
Previous Owner Davies Theodore E C $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $290,000 -10.2% $198 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
03/10/2018 03/10/18 For Sale $322,900 -- $220 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,566 $288,862 -- --
2024 $3,531 $280,721 -- --
2023 $3,531 $272,545 $0 $0
2022 $3,574 $264,607 $0 $0
2021 $3,528 $256,900 $0 $256,900
2020 $3,841 $249,570 $0 $249,570
2019 $3,603 $227,240 $0 $227,240
2018 $3,594 $227,240 $0 $227,240
2017 $2,393 $165,652 $0 $0
2016 $2,249 $162,245 $0 $0
2015 $2,259 $161,117 $0 $0
2014 $2,260 $109,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218019348

Florida Gulf Coast Multiple Listing Service

APN: 60700000764