NOT LISTED FOR SALE

8860 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $957,000 - $1,202,000

3 Beds
3.5 Baths
2,502 Sq Ft
$421/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $560,000 $224 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $6,916/month

475 Days on Market

Highlights

  • Fitness Center
  • Sitting Area In Primary Bedroom
  • Private Membership Available
  • Concrete Pool
  • Floor-to-Ceiling Windows
  • Clubhouse

About This Home

As of February 2021

HUGE price adjustment. Bring your Buyers to this Motivated Seller! Located a short distance from beautiful Downtown Naples and pristine beaches in both Naples and Marco Island, this home is situated in the gated community of Mustang Island in beautiful Lely Resort. This beautiful 3 bedroom + den, 3.5 bath Tilbury floor plan has it all! Great square footage coupled with beautiful green space and a large lanai featuring a pool and spa with Western exposure for those gorgeous Florida sunsets! The master bedroom offers enough space for a King bedroom set and a sitting area, with over-sized closets and a large master bath featuring a soaking tub and separate walk-in shower. Large Kitchen with walk-in pantry. Home Office & spacious guest bedrooms. Large owner's closet in garage. Enjoy the world class amenities at the Players Club and Spa. Features include great restaurants, poolside Tiki bar, spa services, a 6,000 sq. ft. fitness center, 13 Har Tru tennis courts, pickle-ball, bocci courts, basketball, waterfall pools, billiards, computer center, movie room, reciprocal off-season golf privileges and so much more! BRAND NEW 4-TON HVAC INSTALLED 7/25/2018!!

Last Agent to Sell the Property

Karen Minshew

William Raveis Real Estate Listed on: 07/19/2019

William Raveis Real Estate

Last Buyer's Agent

Stephen Barsky

Premiere Plus Realty Company

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,369

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions: 196
  • Northwest Facing Home
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,502 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • 5 Ceiling Fans
  • Shutters
  • Double Hung Windows
  • Floor-to-Ceiling Windows
  • Home Office
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

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

  • Assessor Parcel Number 60698001147

Community Details

Overview

  • $7,500 Membership Fee
  • Private Membership Available
  • Lely Resort Community

Amenities

  • Restaurant
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Bocce Ball Court
  • Fitness Center
  • Exercise Course
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,369

Year Built

Built in 2006

Lot Details

0

HOA Fees

$549 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 56
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: Traditional
  • Storm Protection: Shutters - Manual
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 5
  • Price Per Sq Ft: 223.82
  • Total Floors: 1
  • Additional Rooms: Home Office, Laundry in Residence
  • Estimated Living Area: 2502
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: Master BR Sitting Area
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector
  • Flooring: Carpet, Tile
  • Floor Plan: Other
  • Interior Amenities: Cable Prewire, Internet Available, Pantry, Smoke Detectors, Tray Ceiling, Window Coverings
  • Kitchen: Walk-In Pantry
  • Primary Bathroom: Separate Tub And Shower
  • Windows: Double Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: City Maintained
  • View: Landscaped Area
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Heated Electric
  • Private Spa Type: Below Ground, Heated Electric

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

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial
  • Sub Condo Name: MUSTANG ISLAND
  • HOA Fees: 601
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Lawn/Land Maintenance, Pest Control Exterior, Street Lights
  • Master Hoa Fee: 13
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 4134
  • Club Fee Mandatory Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: Basketball, Billiards, Bocce Court, Business Center, Clubhouse, Dog Park, Exercise Room, Fitness Center Attended, Internet Access, Private Membership, Restaurant, Sauna, Shopping, Tennis Court, Theater
  • Community Type: Gated
  • Units In Building: 1

Fee Information

  • Application Fee: 100.00
  • One Time Mandatory Club Fee: 7500

Schools

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

Lot Info

  • Builder Product: No
  • Section: 33
  • Total Area: 4785
  • Waterfront: No
  • Acres: 0.3400
  • Rear Exposure: Northwest
  • Lot Dimensions: 196 X 91 X 64 X 227
  • Parcel Number: 60698001147

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 6369.22
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Feb 8, 2021
Sold by
Scott Timothy R
Bought by
Stuart Michael and Stuart Loraine
Seller's Agent
Karen Minshew
William Raveis Real Estate
Buyer's Agent
Stephen Barsky
Premiere Plus Realty Company
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$1,053,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,361
Avg. Annual Appreciation
14.39%
Original Mortgage
$392,000
Outstanding Balance
$364,109
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$689,252

Purchase Details

Closed on
Jul 18, 2013
Sold by
Scott Donna J and Watson Donna Jean
Bought by
Scott Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2005
Sold by
Centex Homes
Bought by
Scott Timothy R and Scott Donna J

Purchase Details

Closed on
Jul 26, 2004
Sold by
Stock Development Llc
Bought by
Centex Homes
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
Stuart Michael $560,000 Attorney
Scott Timothy R -- North American Title Company
Scott Timothy R $441,455 Commerce Title
Centex Homes $3,168,213 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuart Michael $392,000
Previous Owner Scott Timothy R $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2021 02/16/21 Sold $560,000 -5.7% $224 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $594,000 -0.8% $237 / Sq Ft
07/19/2019 07/19/19 For Sale $599,000 -- $239 / 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 $10,236 $920,074 -- --
2024 $8,969 $836,431 -- --
2023 $8,969 $760,392 $213,444 $546,948
2022 $9,536 $768,554 $208,108 $560,446
2021 $6,967 $518,785 $102,704 $416,081
2020 $6,737 $505,652 $104,606 $401,046
2019 $6,369 $470,121 $83,685 $386,436
2018 $6,424 $476,116 $106,508 $369,608
2017 $6,403 $476,229 $106,508 $369,721
2016 $6,103 $458,189 $0 $0
2015 $5,945 $438,159 $0 $0
2014 $5,776 $419,131 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219056316

Naples Area Board of REALTORS®

APN: 60698001147