NOT LISTED FOR SALE

Estimated Value: $308,000 - $323,000

2 Beds
2 Baths
1,000 Sq Ft
$597/mo HOA Fee

Last Sold May 02, 2024

Last sale price $346,000 $346 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,550/month

28 Days on Market

Highlights

  • Community Cabanas
  • Views of Preserve
  • Great Room
  • 24-Hour Guard
  • Clubhouse
  • Water Fountains

About This Home

As of May 2024

"Welcome to the BEST of Coral Falls!! This never-rented, beautifully decorated unit at Coral Falls Resort – an irresistible opportunity for investors seeking both weekly and monthly rental potential. Residents can bask in the Florida sunshine and unwind at the community pool, while enjoying the convenience of being just moments away from Lely Shopping and Restaurants. With easy access to essential amenities and the option to play golf at the two golf courses in Lely, this residence offers a tailored leisure experience for everyone. Perfectly situated in a prime location, this home is a short drive from downtown Naples and Marco Island, as well as a myriad of exceptional shopping and restaurant destinations. This property embodies luxury, convenience, and outstanding investment potential, making it an opportunity not to be missed."

Last Agent to Sell the Property

Tony Sells L Cologero

Century 21 AllPoints Realty Listed on: 02/23/2024

Co-Listed By

Julie Cologero

Century 21 AllPoints Realty

Last Buyer's Agent

Erin Cook

Achieve Realty LLC License #NAPLES-249528362

Achieve Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Landscaped
  • Sprinkler System

HOA Fees

Property Views

  • Views of Preserve
  • Woods
  • Pool

Home Design

  • Condo Hotel
  • Mid Level
  • Entry on the 4th floor
  • Turnkey
  • Concrete Block With Brick
  • Poured Concrete
  • Stucco
  • Tile

Interior Spaces

  • 1,000 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Entrance Foyer
  • Great Room
  • Family or Dining Combination
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • Paved Parking
  • Deeded Parking

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Water Fountains
  • Gazebo
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27775001663
  • Tax Block 2

Community Details

Overview

  • $500 Secondary HOA Transfer Fee
  • 32 Units
  • Coral Falls Resort Condos
  • Lely Resort Community
  • Mandatory home owners association

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room
  • Elevator
  • Bike Room

Recreation

  • Community Cabanas
  • Community Pool or Spa Combo
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Guard
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,245

Year Built

Built in 2004

Lot Details

0

HOA Fees

$597 per month

Listing Details

  • Legal Description: CORAL FALLS RESORT A CONDOMINIUM BLDG 2-403
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.069471$-81.695898$289.90$13.33$1.00$985pyMoXLkRc-sdquv3mLA
  • Building Design: Mid Rise (4-7)
  • Building Description: Multi-Story Home
  • Storm Protection: Shutters - Manual
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 4
  • Price Per Sq Ft: 346.00
  • Total Floors: 4
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1000
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining, Eat-in Kitchen
  • Elevator: Common
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Fire Sprinkler, Foyer, Internet Available, Pantry, Smoke Detectors, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Combo Tub And Shower, Dual Sinks, Shower Only
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block, Handicap, Poured Concrete
  • Irrigation: Reclaimed
  • Road: County Maintained, Paved Road, Public Road
  • View: Landscaped Area, Pool/Club, Preserve, Wooded Area
  • Exterior Features: Gazebo, Grill, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco

Garage/Parking

  • Parking: Common, Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Patrolled
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, Limited Number Vehicles, No Commercial, No Motorcycles, No RV, No Truck
  • Sub Condo Name: CORAL FALLS RESORT
  • HOA Fees: 1760
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Security, Trash Removal, Water
  • Master Hoa Fee: 125
  • Master HOA Fee Frequency: Annually
  • Development Name: LELY RESORT

Association/Amenities

  • Pets: With Approval
  • Development: Lely Resort
  • Amenities: BBQ - Picnic, Bike And Jog Path, Bike Storage, Cabana, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Sidewalk, Streetlight, Underground Utility
  • Community Type: Condo/Hotel
  • Units In Building: 32
  • Total Number of Units: 96

Fee Information

  • Transfer Fees: 500.00
  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Section: 34
  • Total Area: 1072
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 27775001663

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 52
  • Min Days Of Lease: 7

Tax Info

  • Tax Description: County Only
  • Tax District Type: Community Development District
  • Taxes: 3245.42
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 2, 2024
Sold by
Wyant Frederick and Wyant Bonnie
Bought by
Ciscato John A
Seller's Agent
Tony Sells L Cologero
Century 21 AllPoints Realty
Buyer's Agent
Erin Cook
Achieve Realty LLC
List Price
$374,900
Sold Price
$346,000
Premium/Discount to List
-$28,900
-7.71%
Views
47
Current Estimated Value
$316,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,660
Avg. Annual Appreciation
-5.23%
Original Mortgage
$276,800
Outstanding Balance
$272,911
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$43,429
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
Ciscato John A $346,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciscato John A $276,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2024 05/02/24 Sold $346,000 -3.9% $346 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/15/2024 03/15/24 Price Changed $359,900 -4.0% $360 / Sq Ft
02/23/2024 02/23/24 For Sale $374,900 -- $375 / 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 $3,538 $280,000 -- $280,000
2024 $3,245 $218,284 -- --
2023 $3,245 $198,440 $0 $0
2022 $3,083 $180,400 $0 $0
2021 $2,689 $164,000 $0 $164,000
2020 $2,595 $159,000 $0 $159,000
2019 $2,607 $158,855 $0 $0
2018 $2,513 $144,414 $0 $0
2017 $2,266 $131,285 $0 $0
2016 $2,103 $119,350 $0 $0
2015 $1,909 $108,500 $0 $0
2014 $1,928 $108,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224018063

Naples Area Board of REALTORS®

APN: 27775001663