NOT LISTED FOR SALE

Estimated Value: $2,966,000 - $3,619,000

3 Beds
3.5 Baths
3,474 Sq Ft
$960/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $2,250,000 $648 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $19,700/month

37 Days on Market

Highlights

  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Vaulted Ceiling
  • Pelican Marsh Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of May 2021

BEAUTIFUL HOME AND A TREMENDOUS VALUE with over 3400 of living space is perfect as a primary or secondary residence. Walls of glass overlooking the pool and spa bring natural light to the great room with 20+ foot ceilings, stunning coastal hardwood floors and a fabulous custom kitchen ready for an owner s culinary creations. Granite countertops. The first-floor master suite overlooks the pool and lanai area and has a large custom closet and a spa master bath with an outdoor shower. The upper level has a loft entertainment area open to the great room below; a second master suite; a guest suite with an adjoining bath to the study/den with double wine coolers and built-in cabinets as well as a small exterior balcony. The options are endless as the study could easily become the fourth bedroom and the loft an office/study. The fabulous pool and lanai area is perfect to connect the great room and outdoors to allow for wonderful entertaining. The spacious two car garage is separately air conditioned and there is additional storage in the garage as well as large storage next to the laundry room.

Last Agent to Sell the Property

Mark Riley

LUX International Properties Listed on: 03/19/2021

Co-Listed By

Jim Craft

William Raveis Real Estate

Last Buyer's Agent

Amelia Russell Hoyt

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,614

Year Built

  • Built in 2016

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions: 44
  • Northeast Facing Home
  • Gated Home
  • Privacy Fence
  • Landscaped

HOA Fees

  • $869 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Deeded Parking

Home Design

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

Interior Spaces

  • 3,474 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Wired For Sound
  • Vaulted Ceiling
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Patio
  • Outdoor Kitchen
  • Outdoor Gas Grill

Schools

  • Pelican Marsh Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Humidstat
  • Central Heating
  • Heat Pump System
  • Underground Utilities
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 69288000669

Community Details

Overview

  • $750 Secondary HOA Transfer Fee
  • Mandatory home owners association

Amenities

  • Shops
  • Restaurant

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,614

Year Built

Built in 2016

Lot Details

0

HOA Fees

$869 per month

Parking

2

Listing Details

  • Legal Description: RESIDENCES AT MERCATO LOT 29
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2016
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 647.67
  • Total Floors: 2
  • Additional Rooms: Guest Bath, Guest Room, Home Office, Laundry in Residence, Loft
  • Estimated Living Area: 3474
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms, Two Master Suites
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Tankless Water Heater, Washer, Wine Cooler
  • Flooring: Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Closet Cabinets, Smoke Detectors, Surround Sound Wired, Volume Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: 2 Masters
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • View: Landscaped Area
  • Exterior Features: Built In Grill, Outdoor Kitchen, Outdoor Shower, Patio, Privacy Wall
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Gas
  • Private Spa Type: Below Ground, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Deeded, Driveway Paved, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Heat Pump, Humidistat
  • Heat: Central Electric, Heat Pump
  • Security: Monitored Alarm, Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MERCATO
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Master Association Fee Incl, Pest Control Exterior, Reserve, Security, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 2607
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Mercato
  • Amenities: Restaurant, Shopping, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Units In Building: 1
  • Total Number of Units: 45

Fee Information

  • Transfer Fees: 750.00
  • Application Fee: 100.00

Schools

  • Elementary School: Pelican Marsh Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Section: 34
  • Total Area: 4378
  • Waterfront: No
  • Acres: 0.1500
  • Rear Exposure: Northeast
  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 44 X 126 X 62 X 126
  • Parcel Number: 69288000669

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 17614.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 14, 2021
Sold by
Malkin J M J and Malkin A K
Bought by
Diamond Andrew J and Diamond Angelina L
Seller's Agent
Mark Riley
LUX International Properties
Buyer's Agent
Amelia Russell Hoyt
Premier Sotheby's Int'l Realty
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Current Estimated Value
$3,185,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,184
Avg. Annual Appreciation
8.92%

Purchase Details

Listed on
Sep 5, 2016
Closed on
Dec 8, 2017
Sold by
Mercato Residences Llc
Bought by
Malkin Malkin J and Malkin K
Seller's Agent
Susan Gardner
Premier Sotheby's Int'l Realty
Buyer's Agent
Amelia Russell Hoyt
Premier Sotheby's Int'l Realty
List Price
$2,950,000
Sold Price
$2,152,086
Premium/Discount to List
-$797,914
-27.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.31%
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
Diamond Andrew J $2,250,000 Attorney
Malkin Malkin J $2,152,086 Lutgert Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2021 05/14/21 Sold $2,250,000 -2.0% $648 / Sq Ft
04/25/2021 04/25/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $2,295,000 +6.6% $661 / Sq Ft
12/08/2017 12/08/17 Sold $2,152,086 -6.2% $492 / Sq Ft View Prior Sale
12/05/2017 12/05/17 Pending -- -- --
09/10/2016 09/10/16 Price Changed $2,295,000 -22.2% $524 / Sq Ft
09/05/2016 09/05/16 For Sale $2,950,000 -- $674 / 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 $25,119 $2,713,252 -- --
2024 $25,233 $2,636,785 $1,169,858 $1,466,927
2023 $25,233 $2,585,398 $880,538 $1,704,860
2022 $24,543 $2,323,595 $514,553 $1,809,042
2021 $18,042 $1,670,577 $0 $0
2020 $17,614 $1,647,512 $0 $0
2019 $17,338 $1,610,471 $0 $0
2018 $16,977 $1,580,443 $665,350 $915,093
2017 $5,507 $412,500 $0 $0
2016 $4,107 $375,000 $0 $0
2015 $1,185 $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221020954

Naples Area Board of REALTORS®

APN: 69288000669