NOT LISTED FOR SALE

8788 Madrid Cir Naples, FL 34104

Sapphire Lakes Neighborhood

Estimated Value: $486,900 - $531,000

3 Beds
2.5 Baths
1,810 Sq Ft
$282/Sq Ft Est. Value

Last Sold July 18, 2022

Last sale price $485,000 $268 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,390/month

26 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Furnished
  • 0.5 Acre Lot
  • Lanai
  • 2 Car Attached Garage

About This Home

As of July 2022

Come through your private gated entrance past the clubhouse with Olympic pool into your almost new 3 bedroom 2.5 bath Townhouse. Wow....
With a Two car garage too. Yes sir..
Furnished too. Yes
HOA fees $97 per month.
Ever heard of exclusive Naples National golf course. Fronterra is right across the street

Last Agent to Sell the Property

Mike Miller

Berkshire Hathaway FL Realty License #NAPLES-249500006 Listed on: 04/28/2022

Berkshire Hathaway FL Realty

Last Buyer's Agent

Rei Culi

John R Wood Properties License #NAPLES-251552799

John R Wood Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions: 38
  • Lake Front
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $97 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,810 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Single Hung Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34550001444

Community Details

Overview

  • Fronterra Condos

Amenities

  • Clubhouse

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,747

Year Built

Built in 2019

Lot Details

0

HOA Fees

$97 per month

Parking

2

Listing Details

  • Legal Description: FRONTERRA PHASE 1 LOT 56
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.15875812292475$-81.6928921514388$115.95$13.33$1.00$XpnYBLkokIJ1AFuSE6yWfQ
  • Building Design: Townhouse
  • Building Description: 2 Story
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 267.96
  • Total Floors: 2
  • Room Count: 6
  • Additional Rooms: Guest Bath, Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 1810
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Upstairs, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Flooring: Tile
  • Floor Plan: 2 Story
  • Interior Amenities: Foyer, High Speed Available, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Lake
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 8449440345
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: FRONTERRA
  • HOA Fees: 97
  • HOA Fee Frequency: Monthly
  • Maintenance: Irrigation Water

Association/Amenities

  • Pets: With Approval
  • Development: Fronterra
  • Amenities: Clubhouse
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 154

Fee Information

  • Application Fee: 235.00

Lot Info

  • Builder Product: No
  • Lot Back: 92
  • Lot Frontage: 38
  • Lot Left: 92
  • Lot Right: 38
  • Lot Unit: 56
  • Section: 34
  • Total Area: 2279
  • Waterfront: Yes
  • Acres: 0.5000
  • Rear Exposure: East
  • Lot Description: Regular
  • Lot Dimensions: 38 X 92 X 92 X 38
  • Parcel Number: 34550001444

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Community Development District
  • Taxes: 4747.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 14, 2022
Sold by
Rehm Shawn W
Bought by
Allteni Gerard
Seller's Agent
Mike Miller
Berkshire Hathaway FL Realty
Buyer's Agent
Rei Culi
John R Wood Properties
List Price
$585,000
Sold Price
$485,000
Premium/Discount to List
-$100,000
-17.09%
Current Estimated Value
$513,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,950
Avg. Annual Appreciation
2.20%
Original Mortgage
$284,000
Outstanding Balance
$273,172
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$245,612

Purchase Details

Closed on
Jul 29, 2019
Sold by
Ccc Fronterra Llc
Bought by
Rehm Shawn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,694
Interest Rate
3.8%
Mortgage Type
New Conventional
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
Allteni Gerard $485,000 Cheffy Passidomo
Rehm Shawn W $317,117 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allteni Gerard $284,000
Previous Owner Rehm Shawn W $253,694
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $485,000 -2.8% $268 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/21/2022 05/21/22 Price Changed $498,900 -7.1% $276 / Sq Ft
05/19/2022 05/19/22 Price Changed $537,000 -2.3% $297 / Sq Ft
05/11/2022 05/11/22 Price Changed $549,800 -1.6% $304 / Sq Ft
05/08/2022 05/08/22 Price Changed $558,900 -1.7% $309 / Sq Ft
05/03/2022 05/03/22 Price Changed $568,800 -1.9% $314 / Sq Ft
04/30/2022 04/30/22 Price Changed $579,900 -0.9% $320 / Sq Ft
04/28/2022 04/28/22 For Sale $585,000 -- $323 / 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
2023 $5,921 $414,483 $111,872 $302,611
2022 $4,729 $287,558 $0 $0
2021 $4,747 $279,183 $34,960 $244,223
2020 $5,180 $279,084 $44,080 $235,004
2019 $2,578 $52,440 $52,440 $0
2018 $2,064 $30,500 $30,500 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mike Miller

    Berkshire Hathaway FL Realty

    (239) 572-3577

    1 in this area

    70 Total Sales

    Section Image
  • Rei Culi

    Buyer's Agent in 2022

    Rei Culi

    John R Wood Properties

    (786) 481-9841

    2 in this area

    105 Total Sales

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222032326

Naples Area Board of REALTORS®

APN: 34550001444

Florida Collier County Naples 34104 Sapphire Lakes

8788 Madrid Cir, Naples, FL

This home is located at 8788 Madrid Cir, Naples, FL 34104 since 28 April 2022 and is currently estimated at $511,225, approximately $282 per square foot. This property was built in 2019. 8788 Madrid Cir is a home located in Collier County with nearby schools including Mike Davis Elementary School, Golden Gate High School, and East Naples Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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