NOT LISTED FOR SALE

8603 Palermo Ct Naples, FL 34114

Estimated Value: $639,603 - $928,000

2 Beds
2 Baths
2,585 Sq Ft
$300/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $396,500 $153 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,606/month

142 Days on Market

Highlights

  • Central Heating and Cooling System
  • Turnkey
  • 1-Story Property
  • Ceiling Fan

About This Home

As of January 2018

Beautiful single family home in the desirable neighborhood of Verona Walk. Home is fully furnished and in move in condition. There are numerous upgrades including diagonal tile through all living,dining, den and kitchen areas.Floor plan is very open with lots of light. Upgrades also include large granite island bar, double door entrance to den and plantation shutters throughout.Amenities include a 20,000 square foot activity hub with resort style pool, fitness center,cafe, post office and much more. Residents enjoy tennis and approximately 20 miles of pedestrian footpaths over lakes, via venetian style bridges.Enjoy resort style living in this gated community.

Last Agent to Sell the Property

Diane Mato

Premier Sotheby's Int'l Realty License #NAPLES-267500109 Listed on: 07/21/2017

Premier Sotheby's Int'l Realty

Co-Listed By

Ann Lorenz

INACTIVE AGENT ACCT License #NAPLES-277019168

Last Buyer's Agent

John & Sandra James

Berkshire Hathaway FL Realty License #NAPLES-267510503

Berkshire Hathaway FL Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,033

Year Built

  • 2011

Lot Details

  • 9,148

Home Design

  • Turnkey
  • Tile

Interior Spaces

  • 2,585 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,033

Year Built

2011

Lot Details

0

Listing Details

  • Legal Description: VERONAWALK PHASE 4B PALERMO AND QUERCE COURT REPLAT LOT 1655
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Additional Rooms: Florida Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Bedrooms and Dens: 2+Den
  • Dining Room: Family Dining, Formal
  • Equipment: Auto Garage Door, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable Prewire, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling, Walk-In Closet
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Turnkey
  • Price Per Sq Ft: 181.22
  • Total Floors: 1

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Room for Pool
  • Exterior Finish: Stucco
  • Irrigation: Assessment Paid
  • Storm Protection: Shutters
  • Windows: Double Hung
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Basketball, Beauty Salon, Bike And Jog Path, Bocce Court, Business Center, Cabana, Clubhouse, Community Pool, Internet Access, Play Area, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area
  • Community Type: Gated, Tennis
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Recreational Facilities, Street Maintenance, Trash Removal
  • Management Company Phone: 239-261-3440
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: No RV
  • Sub Condo Name: VERONA WALK

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1922
  • Pets: No Approval Needed
  • Development: Verona Walk

Fee Information

  • HOA Fees: 878
  • HOA Fee Frequency: Quarterly
  • Application Fee: 50.00

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: North
  • View: Lake, Water
  • Waterfront: Lake
  • Lot Dimensions: 52 X 130 X 63 X 130
  • Lot Back: 63
  • Lot Frontage: 52
  • Lot Left: 130
  • Lot Right: 130
  • Lot Unit: 1655
  • Section: 35
  • Total Area: 2585

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 120

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jan 19, 2018
Sold by
Schultheis Bertie and Schulteis Bertie
Bought by
Higuchi Donald and Higuchi Hildegard
Seller's Agent
Diane Mato
Premier Sotheby's Int'l Realty
Buyer's Agent
John & Sandra James
Berkshire Hathaway FL Realty
List Price
$459,900
Sold Price
$396,500
Premium/Discount to List
-$63,400
-13.79%
Current Estimated Value
$774,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,901
Avg. Annual Appreciation
8.58%
Original Mortgage
$257,725
Outstanding Balance
$217,940
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$526,307

Purchase Details

Closed on
Feb 17, 2016
Sold by
Schulteis Lyle and Schulteis Bertie
Bought by
Schultheis Lyle and Schultheis Bertie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
3.87%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Listed on
Apr 4, 2014
Closed on
May 20, 2014
Sold by
Arena Anthony and Arena Valerie
Bought by
Schulteis Lyle and Schulteis Bertie
Seller's Agent
John See
Keller Williams Elite Realty
Buyer's Agent
Diane Mato
Premier Sotheby's Int'l Realty
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.75%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Divosta Homes Lp
Bought by
Arena Anthony and Arena Valerie
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
Higuchi Donald $396,500 Attorney
Schultheis Lyle -- None Available
Schulteis Lyle $360,000 Island Title 5 Star Agency L
Arena Anthony $319,000 Pgp Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higuchi Donald $257,725
Previous Owner Schultheis Lyle $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $396,500 -5.6% $153 / Sq Ft
12/10/2017 12/10/17 Pending -- -- --
10/31/2017 10/31/17 Price Changed $419,999 -8.7% $162 / Sq Ft
08/24/2017 08/24/17 For Sale $459,900 0.0% $178 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $459,900 +16.4% $178 / Sq Ft
05/15/2014 05/15/14 Sold $395,000 -1.2% $181 / Sq Ft
04/11/2014 04/11/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $399,900 -- $183 / 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 $5,033 $443,340 -- --
2024 $4,917 $430,845 -- --
2023 $4,917 $418,296 $0 $0
2022 $5,010 $406,113 $0 $0
2021 $5,043 $394,284 $0 $0
2020 $4,942 $388,840 $97,643 $291,197
2019 $5,181 $368,749 $88,383 $280,366
2018 $5,151 $367,101 $99,326 $267,775
2017 $5,296 $368,284 $108,024 $260,260
2016 $5,239 $363,430 $0 $0
2015 $5,018 $339,370 $0 $0
2014 $4,728 $311,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217047409

Naples Area Board of REALTORS®

APN: 79904158762