NOT LISTED FOR SALE

8646 Palermo Ct Naples, FL 34114

Estimated Value: $770,000 - $921,000

2 Beds
3 Baths
2,882 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $518,000 $180 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,034/month

113 Days on Market

Highlights

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

About This Home

As of August 2017

This home is located at 8646 Palermo Ct, Naples, FL 34114 since 24 March 2017 and is currently estimated at $826,381, approximately $286 per square foot. This property was built in 2010. 8646 Palermo Ct is a home located in Collier County with nearby schools including Lely Elementary School, Manatee Middle School, and Lely High School.

Last Agent to Sell the Property

Vic Cuccia

Veronawalk Realty, Inc. Listed on: 03/24/2017

Co-Listed By

Walter Zarrow

Veronawalk Realty, Inc. License #NAPLES-249522860

Last Buyer's Agent

John See

Keller Williams Elite Realty

Keller Williams Elite Realty

Home Details

Home Type

  • Single Family

Year Built

  • 2010

Lot Details

  • 8,712

Home Design

  • Entry on the 1st floor
  • Tile

Interior Spaces

  • 2,882 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

2010

Lot Details

0

Listing Details

  • Legal Description: VERONAWALK PHASE 4B PALERMO AND QUERCE COURT REPLAT LOT 1639
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2010

Interior Features

  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms and Dens: 2+Den
  • Dining Room: Breakfast Bar, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Microwave, Range, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Tile
  • Interior Amenities: Cable Prewire, Closet Cabinets, Custom Mirrors, High Speed Available, Multiple Phone Lines, Pantry, Window Coverings
  • Kitchen: Island, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 225.02
  • Total Floors: 1

Exterior Features

  • Canal Width: 81-120
  • Construction: Concrete Block
  • Exterior Features: Decorative Shutters, Privacy Wall
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Heated Electric, Salt Water System
  • Road: County Maintained, Paved Road
  • Storm Protection: Shutters
  • Windows: Double Hung
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved, Paved Parking

Utilities

  • Security: Gated
  • 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, Clubhouse, Community Park, Community Pool, Community Room, Fitness Center Attended, Guest Room, Internet Access, Library, Pickleball, Play Area, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility, Vehicle Wash Area
  • Community Type: Gated
  • Maintenance: Cable, Lawn/Land Maintenance, Manager, Pest Control Exterior, Security, Street Lights, Street Maintenance
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: No RV
  • Sub Condo Name: VERONA WALK

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1936
  • Pets: No Approval Needed
  • Development: Verona Walk

Fee Information

  • Master HOA Fee: 984
  • Master HOA Fee Frequency: Quarterly
  • Application Fee: 100.00

Schools

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

Lot Info

  • Lot Description: Corner, Zero Lot Line
  • Rear Exposure: Southeast
  • View: Canal
  • Waterfront: Canal
  • Section: 35
  • Total Area: 2882

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
Mar 24, 2017
Closed on
Sep 1, 2017
Sold by
Gleason Robin Jeanne and Rossi Ronald Stephen
Bought by
Wallace Gerald W and Wallace Cynthia S
Seller's Agent
Vic Cuccia
Veronawalk Realty, Inc.
Buyer's Agent
John See
Keller Williams Elite Realty
List Price
$574,900
Sold Price
$518,000
Premium/Discount to List
-$56,900
-9.9%
Current Estimated Value
$826,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,381
Avg. Annual Appreciation
5.75%
Original Mortgage
$127,500
Outstanding Balance
$106,472
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$719,909

Purchase Details

Listed on
Mar 24, 2017
Closed on
Aug 28, 2017
Sold by
Wallance Gerald W and Wallance Cynthia S
Bought by
Martone Scott and Martone Christine
Seller's Agent
Vic Cuccia
Veronawalk Realty, Inc.
Buyer's Agent
John See
Keller Williams Elite Realty
List Price
$574,900
Sold Price
$518,000
Premium/Discount to List
-$56,900
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Outstanding Balance
$106,472
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$719,909

Purchase Details

Closed on
Dec 23, 2010
Sold by
Divosta Homes Lp
Bought by
Wallace Gerald W and Wallace Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Gerald W $347,500 Royal Gulf Title Llc
Martone Scott $518,000 Attorney
Wallace Gerald W $356,325 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Gerald W $127,500
Previous Owner Wallace Gerald W $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $518,000 -6.6% $180 / Sq Ft
07/15/2017 07/15/17 Pending -- -- --
04/08/2017 04/08/17 Price Changed $554,900 -3.5% $193 / Sq Ft
03/24/2017 03/24/17 For Sale $574,900 -- $199 / 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 $8,556 $729,233 -- --
2024 $8,448 $662,939 -- --
2023 $8,448 $602,672 $0 $0
2022 $7,939 $547,884 $0 $0
2021 $6,767 $498,076 $121,976 $376,100
2020 $6,402 $471,091 $108,840 $362,251
2019 $6,166 $447,351 $98,519 $348,832
2018 $6,115 $443,951 $110,717 $333,234
2017 $4,739 $349,237 $0 $0
2016 $4,655 $342,054 $0 $0
2015 $4,681 $339,676 $0 $0
2014 $4,682 $286,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217021190

Naples Area Board of REALTORS®

APN: 79904158445