NOT LISTED FOR SALE

Estimated Value: $285,000 - $318,000

2 Beds
2 Baths
1,000 Sq Ft
2003 Built

Sale Details

Date Sold: October 5, 2021

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

Est. 27% increase in value since last sale

Current estimated payment $1,931 / mo

1 Day on Market

Highlights

  • Community Cabanas
  • Lanai
  • Balcony
  • Coastal Architecture
  • Recreation Facilities
  • Breakfast Bar

About This Home

As of October 2021

Perfect investment condo to update and make your own located in Coral Falls at Lely Resort. This second floor corner unit has lots of natural light, spacious size screened in lanai overlooking resort style pool and landscaped picnic area. New A/C unit installed in 2021. Perfect vacation home or rental investment allowing for weekly rentals. Located in a highly sought after area close to restaurants, grocery store, shopping, beaches and so much more. Very low fees in this community with public golf available in Lely resort and many other courses nearby. Just a short drive to down town Naples as well as Marco Island to enjoy all the amenities Southwest Florida has to offer.

Last Agent to Sell the Property

Todd Lawler

Premiere Plus Realty Company License #3252325 Listed on: 08/13/2021

Premiere Plus Realty Company

Co-Listed By

Emily Peters

Premiere Plus Realty Company License #3205977

Last Buyer's Agent

Of Realtors 08-Naples Area Board

Local Associations

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,527

Year Built

  • Built in 2003

Lot Details

  • Inland Waterway
  • Southwest Facing Home
  • Irrigation
  • Zero Lot Line

Home Design

  • Coastal Architecture
  • Entry on the 2nd floor
  • Fixer Upper
  • Flat Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Pest Guard System
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Spa
  • Balcony
  • Lanai

Additional Features

  • In Flood Plain
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 27775001906

Community Details

Overview

  • Property has a Home Owners Association
  • Application Fee Required
  • $355 Maintenance Fee
  • Association fees include pest control, trash, water, sewer
  • 32 Units
  • Coral Falls Resort Community
  • Coral Falls Resort A Condo Subdivision
  • Park Phone (239) 596-7200
  • Property managed by Castle group
  • On-Site Maintenance

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Resident Manager or Management On Site
  • Secure Elevator
  • Secure Stairs

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,527

Year Built

Built in 2003

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: 359
  • Co List Office Phone: 239-732-7837
  • Subdivision Name: Coral Falls Resort A Condo
  • Building Name: CORAL FALLS RESORT
  • Unit Levels: One
  • Year Built: 2003
  • Listing Information:Community: Lely
  • Listing Information:Subarea Type: Inland
  • Location Tax and Legal:Parcel Number: 27775001906
  • Location Tax and Legal:Tax Annual Amount: 2527.0
  • Location Tax and Legal:Tax Year: 2020
  • Location Tax and Legal:Land Lease YN: No
  • General Property Information:Condominium Name: CORAL FALLS RESORT
  • General Property Information:Stories Total: 4
  • General Property Information:Unit Floor: 2
  • General Property Information:Furnished: Unfurnished
  • General Property Information:Flood Plain: Yes
  • General Property Information:AC SqFt: 1000.0
  • General Property Information:Rear Exposure: Southwest
  • General Property Information:Boat Dock: No
  • General Property Information:Community Pool: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:HOA YN: Yes
  • General Property Information:Application Fee: 100.0
  • General Property Information:Maintenance Fee Per Month: 355.0
  • Contract Information:Management Firm: Castle group
  • Contract Information:Manager Phone: 239-596-7200
  • General Information Details:Number Of Units Total: 32
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Floor:Tile: Yes
  • Hot Sheet:Condominium: Yes
  • Maintenance Includes:Irrigation: Yes
  • Maintenance Includes:Management: Yes
  • Maintenance Includes:Trash: Yes
  • Primary BedroomBath Description:Shower Only: Yes
  • Pets Allowed:With Approval: Yes
  • Pets Allowed:Pet Restrictions2: owners only 2 pets max 50lbs
  • Security Features:Elevator2: Yes
  • Levels:One: Yes
  • Floor:Carpet: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • View:Inland: Yes
  • Maintenance Includes:Recreation Facilities: Yes
  • Security Features:Stairs2: Yes
  • Maintenance Includes:Repairs: Yes
  • Roof:Flat: Yes
  • Architectural Style:Coastal: Yes
  • Property Condition:Fixer Upper: Yes
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Appliances: Oven, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Concrete, Tile
  • Interior Amenities: Breakfast Bar
  • Living Area: 1000.0
  • Stories: 4
  • Window Features: Sliding
  • Appliances:Oven: Yes
  • Appliances:Range3: Yes

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Private: No
  • View: Inland
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Lanai
  • Property Condition: Fixer Upper
  • Roof: Flat
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Lanai: Screened
  • Waterfront Features:None2: Yes
  • Window and Door Features:Sliding: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Zero Lot Line: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Guest, Open
  • Parking Features:Guest: Yes
  • Parking Features:Open: Yes

Utilities

  • Security: Stairs, Elevator
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: Community Pool
  • Amenities: Bike Path, Cabana, Picnic Area, Pool, Spa/Hot Tub
  • Association: Yes
  • Pets Allowed: With Approval

Association/Amenities

  • Association Amenities:Pool: Yes
  • Association Amenities:Bike Path: Yes
  • Association Amenities:Cabana: Yes
  • Association Amenities:Picnic Area: Yes
  • Association Amenities:SpaHot Tub3: Yes

Fee Information

  • Association Fee Includes: Pest Control, Trash, Water, Sewer

Lot Info

  • Land Lease: No
  • Parcel #: 27775001906

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 2527.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 23, 2021
Sold by
Sahagian James and Sahagian Yolanda
Bought by
Treslley James
Seller's Agent
Todd Lawler
Premiere Plus Realty Company
Buyer's Agent
Of Realtors 08-Naples Area Board
Local Associations
List Price
$239,500
Sold Price
$240,000
Premium/Discount to List
$500
0.21%
Current Estimated Value
$304,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,960
Avg. Annual Appreciation
5.44%
Original Mortgage
$192,000
Outstanding Balance
$174,912
Interest Rate
2.88%
Estimated Equity
$130,048

Purchase Details

Closed on
Aug 26, 2003
Sold by
Iak Fl Bau L L C
Bought by
Sahagian James and Sahagian Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.52%
Source: Public Records
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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
Treslley James $240,000 Attorney
Sahagian James $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Treslley James $192,000
Previous Owner Sahagian James $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $240,000 +0.2% $240 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $239,500 -- $240 / Sq Ft
Source: Marco Island Area Association 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 $3,766 $270,000 -- $270,000
2024 $3,461 $265,535 -- --
2023 $3,461 $241,395 $0 $0
2022 $3,285 $219,450 $0 $219,450
2021 $2,621 $158,000 $0 $158,000
2020 $2,527 $153,000 $0 $153,000
2019 $2,540 $152,999 $0 $0
2018 $2,449 $139,090 $0 $0
2017 $2,215 $126,445 $0 $0
2016 $2,054 $114,950 $0 $0
2015 $1,862 $104,500 $0 $0
2014 $1,881 $104,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marco Island Area Association of REALTORS®

MLS Number: 2215654

APN: 27775001906

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