NOT LISTED FOR SALE

8897 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $1,048,345 - $1,241,000

4 Beds
3 Baths
2,776 Sq Ft
$413/Sq Ft Est. Value

Last Sold April 22, 2019

Last sale price $665,000 $240 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,317/month

19 Days on Market

Highlights

  • Concierge
  • Full Service Day or Wellness Spa
  • Fitness Center
  • Lake Front
  • Golf Course Community
  • Screened Pool

About This Home

As of April 2019

Your Florida lifestyle awaits you in this spacious and inviting Palomino floor plan. Impeccably maintained, this 4 bed, 3 bath home has many custom features & a natural flow from room to room and on to the the extra large lanai. Bright & open with plantation shutters throughout allowing lots of natural light. Diagonal tile in living areas, wood floor in bedrooms, updated interior & exterior paint. Lushly landscaped expanded lanai with custom saltwater pool and spa, pavers and expansive eastern views of lake and golf course. Enjoy the morning sunrise amidst the privacy of your tropical oasis. Built-in cabinets, desk and drawers in converted office suite. Extended garage, new A/C 2016, granite and marble in baths. Kitchen with stainless appliances, tiled back splash, pull outs in all lower cabinets & so much more! Beaches, Marco Island & downtown Naples all close by. Lely Resort, home of the award winning Player's Club & Spa, with casual dining at the Tiki, fine dining in the clubhouse. Fitness, tennis, pickle ball, full service spa, resort pools & social activities galore await you, membership required. Lely Resort is home to 3 championship golf courses. Live the life you deserve!

Last Agent to Sell the Property

Christina Hone

Ruby Realty & Referral Co Inc License #NAPLES-249521594 Listed on: 02/01/2019

Ruby Realty & Referral Co Inc

Last Buyer's Agent

Jon Lamonge

Premiere Plus Realty Company

Premiere Plus Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,290

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions: 65
  • Lake Front
  • East Facing Home
  • Gated Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Golf Course

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,776 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • 9 Ceiling Fans
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Screened Spa
  • Pool Equipment Stays

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Treatment System
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60698002845

Community Details

Overview

  • $7,500 Membership Fee
  • Private Membership Available

Amenities

  • Concierge
  • Full Service Day or Wellness Spa
  • Restaurant
  • Sauna
  • Billiard Room
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Dog Park

Security

  • 24-Hour Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,290

Year Built

Built in 2005

Lot Details

0

HOA Fees

$552 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 141
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters, Shutters - Manual
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 9
  • Price Per Sq Ft: 239.55
  • Total Floors: 1
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2776
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Warming Tray, Washer, Water Treatment Owned
  • Flooring: Laminate, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, High Speed Available, Laundry Tub, Multiple Phone Lines, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central, Lake/Canal
  • View: Golf Course, Lake
  • Exterior Features: Decorative Shutters
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Electric, Salt Water System, Screened
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Electric, Screened
  • Waterfront Type: Lake

Garage/Parking

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

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Monitored Alarm, Gated, Patrolled, Private Security System
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-596-7200
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV, No Truck
  • Sub Condo Name: MUSTANG ISLAND
  • HOA Fees: 627
  • HOA Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Reserve, Security, Street Lights, Street Maintenance
  • Master Hoa Fee: 120
  • Master HOA Fee Frequency: Annually
  • Club Fee Mandatory: 3999
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Resort
  • Amenities: Billiards, Bocce Court, Business Center, Concierge Services, Dog Park, Fitness Center Attended, Full Service Spa, Golf Course, Pickleball, Private Membership, Restaurant, Sauna, Shuffleboard, Streetlight, Tennis Court, Theater
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 1
  • Total Number of Units: 185

Fee Information

  • One Time Mandatory Club Fee: 7500

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

  • Builder Product: No
  • Lot Back: 65
  • Lot Frontage: 65
  • Lot Left: 130
  • Lot Right: 130
  • Lot Unit: 141
  • Section: 33
  • Total Area: 3538
  • Waterfront: Yes
  • Acres: 0.1900
  • Rear Exposure: East
  • Lot Description: Regular
  • Lot Dimensions: 65 X 130
  • Parcel Number: 60698002845

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Community Development District
  • Taxes: 5290.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 22, 2019
Sold by
Hone Francis J and Hone Christina M
Bought by
Jerge John E and Jerge Mary Ann
Seller's Agent
Christina Hone
Ruby Realty & Referral Co Inc
Buyer's Agent
Jon Lamonge
Premiere Plus Realty Company
List Price
$679,900
Sold Price
$665,000
Premium/Discount to List
-$14,900
-2.19%
Current Estimated Value
$1,146,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,836
Avg. Annual Appreciation
8.72%
Original Mortgage
$399,000
Outstanding Balance
$350,792
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$796,044

Purchase Details

Closed on
Jun 8, 2011
Sold by
Realbuto Carey J and Realbuto Susan A
Bought by
Hone Francis J and Hone Christina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2005
Sold by
Centex Homes
Bought by
Realbuto Carey J and Realbuto Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

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
Jerge John E $665,000 Attorney
Hone Francis J $565,000 Nobel Title
Realbuto Carey J $552,421 Commerce Title
Centex Homes $3,168,213 Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerge John E $399,000
Previous Owner Hone Francis J $35,000
Previous Owner Hone Francis J $417,000
Previous Owner Realbuto Carey J $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2019 04/22/19 Sold $665,000 -2.2% $240 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $679,900 -- $245 / 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 $9,157 $802,748 -- --
2024 $9,140 $729,771 -- --
2023 $9,140 $663,428 $0 $0
2022 $8,744 $603,116 $0 $0
2021 $7,303 $548,287 $83,363 $464,924
2020 $7,064 $534,572 $86,450 $448,122
2019 $5,524 $434,792 $0 $0
2018 $5,420 $426,685 $0 $0
2017 $5,290 $417,909 $0 $0
2016 $5,097 $409,313 $0 $0
2015 $5,129 $406,468 $0 $0
2014 $5,138 $353,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219009510

Naples Area Board of REALTORS®

APN: 60698002845