NOT LISTED FOR SALE

Estimated Value: $453,000 - $813,000

3 Beds
2 Baths
1,638 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $450,000 $275 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,852/month

18 Days on Market

Highlights

  • Boating
  • Home fronts navigable water
  • Room in yard for a pool
  • Naples Park Elementary School Rated A-
  • River View
  • Great Room

About This Home

As of March 2023

Owners loss is your gain! Priced below current appraised value. Renovate or build your new home on Palm River with gulf access. Great location, just a few minutes to the beach and US-41 shopping. In addition to 3 Bedrooms with walk-in closets, there is an office/den off the main bedroom. Home comes with remainder of FEMA flood policy (expires 2025). Home was remediated for mold after hurricane.

Last Agent to Sell the Property

Andrew Occhipinti

Realty One Group MVP Listed on: 01/10/2023

Last Buyer's Agent

Andrew Occhipinti

Realty One Group MVP Listed on: 01/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 1964

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 31
  • Home fronts navigable water
  • River Front
  • Home fronts a canal
  • East Facing Home
  • Paved or Partially Paved Lot

Parking

  • Paved Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Awning
  • Shutters
  • Single Hung Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Storage
  • Laundry Room
  • River Views

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Room in yard for a pool
  • Fixed Bridges

Schools

  • Naples Park Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 65570280007

Community Details

Overview

  • Palm River Shores Community

Recreation

  • Boating
  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,729

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Legal Description: PALM RIVER SHORES LOT 24
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.280939$-81.800203$110.55$13.33$1.00$eD1qkrkea14DCsuFKLx28A
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Year Built: 1964
  • Directions: US-41, North of Immokalee Road; East side of Street.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 274.73
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1638
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Flooring: Terrazzo, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Walk-In Closet
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Awning, Single Hung

Exterior Features

  • Gulf Access: Yes
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block, Wood Frame
  • Gulf Access Type: Bridge(s)/Water Indirect
  • Road: Paved Road, Public Road
  • View: River, Water
  • Exterior Features: Decorative Shutters, Extra Building, Room for Pool, Storage
  • Exterior Finish: Stucco, Vinyl Siding
  • Waterfront Type: Fresh Water, Navigable, River Frontage

Garage/Parking

  • Parking: Driveway Paved, Paved Parking

Utilities

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

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PALM RIVER SHORES
  • Development Name: PALM RIVER SHORES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Palm River Shores
  • Community Type: Boating, Non-Gated
  • Units In Building: 1
  • Total Number of Units: 40

Schools

  • Elementary School: Naples Park Elementary School
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 22
  • Total Area: 1986
  • Waterfront: Yes
  • Acres: 0.2300
  • Rear Exposure: East
  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 31 X 110 X 125 X 124
  • Parcel Number: 65570280007

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 1729.19
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Mar 20, 2023
Sold by
Fischer Ruth Ann
Bought by
Jj River Llc
Seller's Agent
Andrew Occhipinti
Realty One Group MVP
Buyer's Agent
Andrew Occhipinti
Realty One Group MVP
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
40
Current Estimated Value
$653,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,523
Avg. Annual Appreciation
14.31%
Original Mortgage
$292,500
Outstanding Balance
$283,626
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$369,897

Purchase Details

Closed on
Jul 15, 1999
Sold by
Hoffer Richard Lee and Hoffer Christine Sue
Bought by
Fischer Ruth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1996
Sold by
Cote Casey C and Cote Cindy L
Bought by
Hoffer Richard Lee and Hoffer Christine Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,519
Interest Rate
7.87%
Mortgage Type
FHA
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
Jj River Llc $450,000 Naples Title
Fischer Ruth Ann $154,000 --
Hoffer Richard Lee $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jj River Llc $292,500
Previous Owner Fischer Ruth Ann $107,000
Previous Owner Hoffer Richard Lee $103,519
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2023 03/20/23 Sold $450,000 -9.8% $275 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/24/2023 01/24/23 Price Changed $499,000 -9.3% $305 / Sq Ft
01/10/2023 01/10/23 For Sale $550,000 -- $336 / 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 $5,137 $371,447 $369,632 $1,815
2024 $1,726 $536,755 $451,295 $85,460
2023 $1,726 $210,918 $0 $0
2022 $1,729 $204,775 $0 $0
2021 $1,741 $198,811 $0 $0
2020 $1,706 $196,066 $0 $0
2019 $1,667 $191,658 $0 $0
2018 $1,621 $188,084 $0 $0
2017 $1,586 $184,215 $0 $0
2016 $1,750 $180,426 $0 $0
2015 $1,547 $179,172 $0 $0
2014 $1,544 $77,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 223002253

Naples Area Board of REALTORS®

APN: 65570280007