NOT LISTED FOR SALE

Estimated Value: $293,000 - $332,000

2 Beds
2 Baths
1,000 Sq Ft
$125/ mo HOA Fee

Last Sold December 04, 2020

Last sale price $188,000 $188 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,051/month

46 Days on Market

Highlights

  • Cabana
  • Dual Vanity Sinks in Primary Bathroom
  • Community Barbecue Grill
  • Pool View
  • Walk-In Closet
  • Tile Flooring

About This Home

As of December 2020

This hidden gem located in Lely is a short drive to Downtown Naples and Marco Island. Growing area offering shops, restaurants and groceries within walking distance. The condo is a fully furnished 2 bedroom/2 bath with sleeper sofa. Washer and Dryer in condo.Stainless steel appliances. Great opportunity to own a piece of paradise in SW Florida that has a history of rental income or if you are tired of renting and want to own your own home. This would be a great time with interest rates so low. Very few units for sale in this complex. Condo offers a pool, grill area and chickee huts. You have the option to join the Players Club and Spa that offers live entertainment, a fitness center, tennis and resort pools. 2 public golf courses available close by.

Last Agent to Sell the Property

Kim Verbance

Premiere Plus Realty Company License #3323437 Listed on: 09/04/2020

Premiere Plus Realty Company

Last Buyer's Agent

Judith Barbato

Coldwell Banker Realty License #0303341

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,540

Year Built

  • Built in 2004

Lot Details

  • Northwest Facing Home
  • Landscaped

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Stucco

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Pool Views
  • Pest Guard System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Additional Features

  • Cabana
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 27775001362

Community Details

Overview

  • Application Fee Required
  • $341 Maintenance Fee
  • Association fees include ground maintenance, pest control, trash, water, sewer
  • 18 Units
  • Low-Rise Condominium
  • Coral Falls Resort Community
  • Park Phone (239) 596-7200
  • Property managed by CORAL FALLS
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Secure Elevator
  • Secure Stairs

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,540

Year Built

Built in 2004

Lot Details

0 Sq Ft Lot

HOA Fees

$125 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Building Name: CORAL FALLS RESORT
  • Year Built: 2004
  • Listing Information:Community: Lely
  • Listing Information:Subarea Type: Off Island
  • Location Tax and Legal:Parcel Number: 27775001362
  • Location Tax and Legal:Tax Annual Amount: 2540.0
  • Location Tax and Legal:Tax Year: 2019
  • General Property Information:Condominium Name: CORAL FALLS RESORT
  • General Property Information:Stories Total: 3
  • General Property Information:Unit Floor: 2
  • General Property Information:Furnished: Turnkey
  • General Property Information:AC SqFt: 1000.0
  • General Property Information:Rear Exposure: Northwest
  • General Property Information:Community Pool: No
  • General Property Information:HOA YN: Yes
  • General Property Information:Application Fee: 100.0
  • General Property Information:Maintenance Fee Per Month: 341.0
  • Contract Information:Management Firm: CORAL FALLS
  • Contract Information:Manager Phone: 239-596-7200
  • General Information Details:Number Of Units Total: 18
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Approval:Application Fee3: Yes
  • Floor:Tile: Yes
  • Maintenance Includes:Landscaping: Yes
  • Maintenance Includes:Trash: Yes
  • Primary BedroomBath Description:Shower Only: Yes
  • Restrictions:No TrucksRvs: Yes
  • Unit Design:Low Rise: Yes
  • Pets Allowed:Pet Restrictions2: Pets allowed with restrictions approved through management office
  • Security Features:Elevator2: Yes
  • Primary BedroomBath Description:Double Vanity: Yes
  • Primary BedroomBath Description:Split Bedrooms: Yes
  • Floor:Carpet: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Sewer: Yes
  • Maintenance Includes:Water: Yes
  • Security Features:Stairs2: Yes
  • View:Cabana2: Yes
  • View:Pool2: Yes
  • Pets Allowed:Yes: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Turnkey
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry, Walk-In Closet(s), Double Vanity
  • Living Area: 1000.0
  • Stories: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Range3: Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • View: Cabana, Pool, None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Construction Materials:Stucco: Yes
  • Waterfront Features:None2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unassigned
  • Parking Features:Unassigned: Yes

Utilities

  • Security: Stairs, Elevator
  • Heating: Electric, Central Heating
  • Heating Yn: Yes
  • Heating:Central Heating: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Amenities: Barbecue, Picnic Area, Pool
  • Association Fee: 125.0
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

  • Association Amenities:Barbecue: Yes
  • Association Amenities:Pool: Yes
  • Association Amenities:Picnic Area: Yes

Fee Information

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

Lot Info

  • Parcel #: 27775001362

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 2540.0
  • Tax Book Number: 3749
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 23, 2020
Sold by
Tarpey Mildred A
Bought by
Bruno Richard S and Bruno Karen J
Seller's Agent
Kim Verbance
Premiere Plus Realty Company
Buyer's Agent
Judith Barbato
Coldwell Banker Realty
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$315,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,144
Avg. Annual Appreciation
10.28%
Original Mortgage
$131,600
Outstanding Balance
$117,105
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$198,039

Purchase Details

Closed on
Mar 9, 2005
Sold by
Ihk Florida Llc
Bought by
Tarpey Michael W and Tarpey Mildred A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2005
Sold by
Korbisch Andreas
Bought by
Ihk Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Bruno Richard S $188,000 Accommodation
Tarpey Michael W $260,000 --
Ihk Florida Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruno Richard S $131,600
Previous Owner Tarpey Michael W $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2020 12/04/20 Sold $188,000 -3.6% $188 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $195,000 -- $195 / 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 $3,448 $231,328 -- --
2024 $3,159 $210,298 -- --
2023 $3,159 $191,180 -- --
2022 $2,988 $173,800 $0 $0
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: 2201944

APN: 27775001362

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