NOT LISTED FOR SALE

Estimated Value: $5,780,000 - $10,658,743

5 Beds
8 Baths
5,185 Sq Ft
$1,601/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $13,800,000 $2,662 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $55,537/month

26 Days on Market

Highlights

  • Heated Pool and Spa
  • Partial Gulf or Ocean Views
  • Outdoor Fireplace
  • Lake Park Elementary School Rated A
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of May 2022

Situated steps from Naples’ award-winning beaches, Fifth Ave South, and Third Street, a grand luxury home awaits you with all the features you require for the Naples lifestyle. This residence features five bedrooms, plus a den, five full bathrooms, three half bathrooms, His-and-Her offices, and two laundry rooms. The 5,185-square-foot home is perfect for watching the sun’s rays stretch over the Gulf every evening from multiple areas in the home while sipping your cocktail in peace and privacy. Every inch of this home was meticulously designed with a spacious open floor plan, multi-level design, exquisite furnishings, and partial Gulf views to encompass what you envision for your luxury lifestyle. Experience the opulence in this amazing beach house today.

Last Agent to Sell the Property

Tony Grech

Compass Florida LLC License #NAPLES-249518213 Listed on: 03/28/2022

Compass Florida LLC

Co-Listed By

Rob Mauceli

Compass Florida LLC

Last Buyer's Agent

Daniel Diekneite

William Raveis Real Estate

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $53,256

Year Built

  • Built in 2018

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions: 125
  • South Facing Home
  • Landscaped
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Metal Roof
  • Stone Exterior Construction
  • Stucco

Interior Spaces

  • 5,185 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Custom Mirrors
  • Furnished
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Electric Shutters
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Wood Flooring
  • Partial Bay or Harbor Views

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Bathtub With Separate Shower Stall
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Pool

  • Heated Pool and Spa
  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Pool Bathroom
  • Pool Equipment Stays

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Lanai
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14002330007
  • Tax Block 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$53,256

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Legal Description: NAPLES T 1 BLK 12 N 90FT OF LOTS 1, 2, 3 & 4
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.137051$-81.805698$224.39$13.33$1.00$LH1wQ-atl2J3m9U4KIF0Zg
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 2661.52
  • Total Floors: 2
  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Den/Study
  • Estimated Living Area: 5185
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bathrooms: 8.00
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Auto Garage Door, Dryer, Gas Grill, Microwave, Range, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Wood
  • Floor Plan: 2 Story
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Fireplace, Foyer, French Doors, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Vaulted Ceiling, Volume Ceiling, Walk-In Closet, Wet Bar, Window Coverings
  • Kitchen: Island, Pantry, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Separate Tub And Shower
  • Windows: Casement

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Landscaped Area, Partial Gulf
  • Exterior Features: Built In Grill, Decorative Shutters, Outdoor Fireplace, Outdoor Kitchen, Patio, Sprinkler Auto
  • Exterior Finish: Stone, Stucco
  • Private Pool Type: Below Ground, Concrete, Custom Upgrades, Equipment Stays, Heated Gas, Pool Bath
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Heated Gas, Pool Bath, Pool Integrated

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: OLDE NAPLES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Naples
  • Amenities: Guest Room, Internet Access, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Section: 9
  • Total Area: 7872
  • Waterfront: No
  • Acres: 0.2600
  • Rear Exposure: South
  • Lot Description: Corner
  • Lot Dimensions: 125 X 90
  • Parcel Number: 14002330007

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Taxes: 53256.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2022
Closed on
May 31, 2022
Sold by
Kathleen G Magnell Agreement Of Trust
Bought by
Edward Franklin Depew Revocable Living Trust
Seller's Agent
Tony Grech
Compass Florida LLC
Buyer's Agent
Daniel Diekneite
William Raveis Real Estate
List Price
$14,995,000
Sold Price
$13,800,000
Premium/Discount to List
-$1,195,000
-7.97%
Current Estimated Value
$9,326,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,473,130
Avg. Annual Appreciation
-13.10%

Purchase Details

Listed on
Mar 3, 2018
Closed on
Sep 21, 2018
Sold by
Foreslte 840 Llc
Bought by
Magnell Kathleen G
Seller's Agent
Alexander Daane
Daane Properties LLC
Buyer's Agent
Susan Wall
John R Wood Properties
List Price
$8,295,000
Sold Price
$7,580,000
Premium/Discount to List
-$715,000
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Edward Franklin Depew Revocable Living Trust $13,800,000 Marc F Oates Pa
Magnell Kathleen G $7,580,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $13,800,000 -3.5% $2,662 / Sq Ft
04/23/2022 04/23/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $14,295,000 -4.7% $2,757 / Sq Ft
03/28/2022 03/28/22 For Sale $14,995,000 +97.8% $2,892 / Sq Ft
09/24/2018 09/24/18 Sold $7,580,000 -8.6% $1,462 / Sq Ft View Prior Sale
06/27/2018 06/27/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $8,295,000 -- $1,600 / 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 $81,203 $8,541,319 $3,956,832 $4,584,487
2024 $87,915 $8,908,157 $5,777,874 $3,130,283
2023 $87,915 $9,500,568 $5,777,874 $3,722,694
2022 $52,426 $5,384,836 $0 $0
2021 $53,256 $5,227,996 $0 $0
2020 $51,957 $5,155,815 $2,487,494 $2,668,321
2019 $53,993 $5,260,858 $2,646,270 $2,614,588
2018 $31,726 $3,096,900 $3,096,900 $0
2017 $32,599 $3,163,860 $3,163,860 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222023123

Naples Area Board of REALTORS®

APN: 14002330007