NOT LISTED FOR SALE

8968 Madrid Cir Naples, FL 34104

Sapphire Lakes Neighborhood

Estimated Value: $463,478 - $488,000

3 Beds
2 Baths
1,596 Sq Ft
$299/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $490,000 $307 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,076/month

29 Days on Market

Highlights

  • Lake Front
  • Pond
  • Formal Dining Room
  • Gated Community
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of June 2022

Amazing opportunity to become a new resident of Fronterra in Naples! This is a gated community. Family friendly, pet friendly and offers a community pool with cabanas. HOA is only $96 monthly. Built in 2020 and is just like new and move-in ready! Gorgeous house with lake view! Beautifully furnished with 3 bedrooms, 2 baths, Spacious master bedroom, tile roof, impact windows and sliders! LOCATION, LOCATION LOCATION!!! Fronterra is only 5 min from local shopping plazas including Walmart which is across the street, 15 minutes from the renowned 5th Ave Shops and Restaurants and minutes to I75.

Last Agent to Sell the Property

Hua Zhao

Sellstate Prime Realty Listed on: 04/27/2022

Last Buyer's Agent

Rebecca Dermody

Realty One Group MVP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,778

Year Built

  • Built in 2020

Lot Details

  • 3,920 Sq Ft Lot
  • Lake Front
  • West Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,596 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Casement Windows
  • Formal Dining Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Pond

Utilities

  • Central Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 34550002427

Community Details

Overview

  • Mandatory home owners association

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,778

Year Built

Built in 2020

Lot Details

3,920 Sq Ft Lot

HOA Fees

$96 per month

Parking

1

Listing Details

  • Legal Description: FRONTERRA PHASE 2 LOT 91
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 307.02
  • Total Floors: 1
  • Estimated Living Area: 1596
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Formal
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Public Road
  • View: Lake
  • Exterior Features: Pond, Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 1
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Exhaust Fan
  • Heat: Central Electric, Heat Pump
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No RV
  • Sub Condo Name: FRONTERRA
  • HOA Fees: 96
  • HOA Fee Frequency: Monthly
  • Maintenance: Security, Street Lights, Trash Removal

Association/Amenities

  • Pets: With Approval
  • Development: Fronterra
  • Amenities: Community Pool, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 75

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Section: 34
  • Total Area: 1788
  • Waterfront: Yes
  • Acres: 0.0900
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 34550002427

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: 4778.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2023
Sold by
Meyers Paul E and Meyers Lissette Zoraida
Bought by
Pe & Lz Meyers Madrid Circle Trust and Meyers
Current Estimated Value
$477,870

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 28, 2022
Sold by
Feng Jiang Yong
Bought by
Meyers Paul E and Meyers Lissette Zoraida
Seller's Agent
Hua Zhao
Sellstate Prime Realty
Buyer's Agent
Rebecca Dermody
Realty One Group MVP
List Price
$559,000
Sold Price
$490,000
Premium/Discount to List
-$69,000
-12.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Ccc Fronterra Llc
Bought by
Jiang Yong Feng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Pe & Lz Meyers Madrid Circle Trust -- None Listed On Document
Meyers Paul E $490,000 New Title Company Name
Jiang Yong Feng $315,000 Collier Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jiang Yong Feng $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold $490,000 -1.8% $307 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/21/2022 05/21/22 Price Changed $499,000 -7.2% $313 / Sq Ft
05/14/2022 05/14/22 Price Changed $538,000 -3.8% $337 / Sq Ft
04/27/2022 04/27/22 For Sale $559,000 -- $350 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $6,311 $382,826 $146,832 $235,994
2024 $6,449 $399,309 $112,510 $286,799
2023 $6,449 $425,045 $123,648 $301,397
2022 $4,759 $290,238 $0 $0
2021 $4,778 $281,784 $38,640 $243,144
2020 $2,228 $36,036 $0 $0
2019 $2,133 $32,760 $32,760 $0
Source: Public Records

Agents Affiliated with this Home

  • Hua Zhao

    Seller's Agent in 2022

    Hua Zhao

    Sellstate Prime Realty

    (239) 331-5665

    3 in this area

    42 Total Sales

    Hua Zhao
    Section Image
  • Rebecca Dermody

    Buyer's Agent in 2022

    Rebecca Dermody

    Realty One Group MVP

    (239) 919-4547

    1 in this area

    42 Total Sales

    Rebecca Dermody
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222031470

Naples Area Board of REALTORS®

APN: 34550002427

Florida Collier County Naples 34104 Sapphire Lakes

8968 Madrid Cir, Naples, FL

Not Listed for Sale

Detached

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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 2026 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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