NOT LISTED FOR SALE

8908 Mustang Island Cir Naples, FL 34113

Lely Resort Neighborhood

Estimated Value: $927,000 - $1,015,000

3 Beds
2 Baths
2,706 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $482,500 $178 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,683/month

88 Days on Market

Highlights

  • Central Heating and Cooling System
  • 6 Ceiling Fans
  • 1-Story Property

About This Home

As of March 2018

H.11991 - Elegantly upgraded Monarch floor plan on lush private setting in gated golf & tennis community. Freshly painted, polished & ready for a lucky buyer! Huge under cover screened lanai w/full pool bath, large heated pool & spa w/ Aqualink control, TV on lanai conveys. Roll down electric shutters on lanai, all openings have storm shutters. One step into this home reveals light filled great room w/vaulted ceiling, new light fixtures & fan, Plantation shutters, NO carpet. Brazilian Cherry hardwood floors all three Bedrooms & Den. Upgrade granite kitchen counters & stainless steel appliances, new Bosch dishwasher, oversized garage w/ shelves. Immaculate & ready for quick closing. Incredible Players Club & Spa is mandatory - three huge pools, 13 lighted championship tennis courts. Best tennis courts,tennis program&fitness&spa in Naples! 2 Championship 18 hole PUBLIC golf courses within Lely Resort & one Private Golf Country Club. Lely is surrounded by NEW restaurants, shopping & more on the way to completion. Located half way between Marco Island & Naples Beaches makes Lely an incredible location.*Virtual Tour Link Attached*** REDUCED $50,000 FROM ORIGINAL LIST PRICE! Open Sunday!

Last Agent to Sell the Property

Robin Hill

John R Wood Properties License #NAPLES-846501962 Listed on: 08/06/2017

John R Wood Properties

Last Buyer's Agent

Susan Sanderson

Alfred Robbins Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,911

Year Built

  • 2004

Lot Details

  • 0.3

HOA Fees

  • $200 per month

Parking

  • 2

Home Design

  • Entry on the 1st floor
  • Tile

Interior Spaces

  • 2,706 Sq Ft Home
  • 1-Story Property
  • 6 Ceiling Fans
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System
  • Humidstat
  • Vented Exhaust Fan

Community Details

  • $7,500 Membership Fee

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,911

Year Built

2004

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Legal Description: MUSTANG ISLAND LOT 68
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Additional Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Security System, Smoke Detector, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Tile, Wood
  • Interior Amenities: Cable Prewire, Cathedral Ceiling, Foyer, Laundry Tub, Pantry, Smoke Detectors, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Room Count: 10
  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 6
  • Num Unit Floor: 1
  • Price Per Sq Ft: 218.82
  • Total Floors: 1

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Central, Reclaimed
  • Private Pool: Below Ground, Equipment Stays, Heated Electric, Pool Bath, Screened, Salt Water System
  • Private Spa: Below Ground, Equipment Stays, Heated Electric, Pool Bath, Screened
  • Road: Paved Road
  • Storm Protection: Electric Shutters, Shutters Manual
  • Windows: Arched, Single Hung, Sliding, Solar Tinted
  • Roof: Tile

Garage/Parking

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

Utilities

  • Security: Alarm, Gated, Patrolled, Private Security System
  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan, Humidistat
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Basketball, Bocce Court, Community Pool, Community Spa/Hot tub, Concierge Services, Dog Park, Fitness Center Attended, Full Service Spa, Golf Course, Private Membership, Restaurant, Sauna, Sidewalk, Streetlight, Tennis Court, Theater, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Manager, Master Association Fee Incl, Pest Control Exterior, Reserve, Street Lights, Street Maintenance
  • Approval: Tenant
  • Management: Professional
  • Restrictions: Architectural, No Commercial, No Truck
  • Sub Condo Name: MUSTANG ISLAND

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 185
  • Pets: Limits
  • Pets Limit Other: No vicious breeds
  • Development: Lely Resort

Fee Information

  • HOA Fees: 601
  • HOA Fee Frequency: Quarterly
  • Mandatory Club Fee: 4150
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 120
  • Master HOA Fee Frequency: Annually
  • One Time Mandatory Club Fee: 7500

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: West
  • View: Landscaped Area, Preserve
  • Lot Dimensions: 68 X 197
  • Section: 33
  • Total Area: 2706

Rental Info

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

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2017
Closed on
Mar 22, 2018
Sold by
Buckley Lorraine C
Bought by
Sessions David M
Seller's Agent
Robin Hill
John R Wood Properties
Buyer's Agent
Susan Sanderson
Alfred Robbins Realty Group
List Price
$549,000
Sold Price
$482,500
Premium/Discount to List
-$66,500
-12.11%
Current Estimated Value
$953,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,813
Avg. Annual Appreciation
9.37%
Original Mortgage
$386,000
Outstanding Balance
$330,300
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$623,013

Purchase Details

Closed on
Jul 15, 2009
Sold by
Hakes Tracy Investments Llc
Bought by
Buckley Paul F and Buckley Lorraine C

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
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2008
Sold by
Hakes James E and Amstutz Suzanne M
Bought by
Hakes Tracy Investments Llc

Purchase Details

Closed on
Sep 3, 2008
Sold by
Citigroup Trust Delaware Na
Bought by
Hakes James E and Amstutz Suzanne M

Purchase Details

Closed on
Feb 8, 2006
Sold by
Hakes Eileen A
Bought by
Hakes Eileen A and The James E Hakes Sr Family Trust

Purchase Details

Closed on
Mar 26, 2004
Sold by
Centex Homes
Bought by
Hakes James E and Hakes Eileen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,400
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
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
Sessions David M $482,500 Attorney
Buckley Paul F $400,000 Noble Title & Trust Llc
Hakes Tracy Investments Llc -- None Available
Hakes James E -- None Available
Hakes James E -- None Available
Hakes Eileen A -- None Available
Hakes James E $409,887 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sessions David M $386,000
Previous Owner Buckley Paul F $200,000
Previous Owner Hakes James E $318,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $482,500 -3.3% $178 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $499,000 -5.7% $184 / Sq Ft
12/11/2017 12/11/17 Price Changed $529,000 -3.6% $195 / Sq Ft
11/20/2017 11/20/17 For Sale $549,000 +13.8% $203 / Sq Ft
09/26/2017 09/26/17 Off Market $482,500 -- --
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 $5,911 $528,530 -- --
2024 $5,862 $513,635 -- --
2023 $5,862 $498,675 $0 $0
2022 $5,981 $484,150 $0 $0
2021 $5,961 $470,049 $0 $0
2020 $5,821 $463,559 $97,653 $365,906
2019 $5,921 $430,748 $78,122 $352,626
2018 $5,977 $436,788 $99,428 $337,360
2017 $4,615 $359,565 $0 $0
2016 $4,440 $352,169 $0 $0
2015 $4,466 $349,721 $0 $0
2014 $4,474 $296,945 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217026104

Naples Area Board of REALTORS®

APN: 60698001383