NOT LISTED FOR SALE

Estimated Value: $3,469,000 - $3,999,000

4 Beds
5 Baths
4,242 Sq Ft
$886/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $1,435,000 $338 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $22,039/month

184 Days on Market

Highlights

  • Furnished
  • Pelican Marsh Elementary School Rated A
  • Villa

About This Home

As of September 2016

Experience luxury living redefined at Residences at Mercato, a gated enclave of coastal contemporary-style homes and villas accentuated by custom outdoor living areas designed to emphasize year-round outdoor leisure. The Provence model is priced from $1,450,000; select from several floor plans and home sites. This exclusive neighborhood offers urban living at its finest: a walkable atmosphere among the very best shopping, dining and entertainment Southwest Florida offers. With one of Naples' most beautiful beaches just moments from home, it's clear why Mercato's location is so desirable. This Provence model home is furnished and will be completed February 2016

Last Agent to Sell the Property

Mary Kavanagh

Premier Sotheby's Int'l Realty License #NAPLES-249521195 Listed on: 06/02/2015

Co-Listed By

Susan Gardner

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Susan Gardner

Premier Sotheby's Int'l Realty

Premier Sotheby's Int'l Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2015

Lot Details

  • 6,970

Home Design

  • Villa
  • Entry on the 1st floor

Interior Spaces

  • 4,242 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request

Community Details

Overview

  • $750 Secondary HOA Transfer Fee
  • Mercato Condos

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Year Built

2015

Lot Details

0

Listing Details

  • Street View Param: 1$26.25372918283028$-81.79897275908934$32.11$13.33$1.00$ejdaWLCSDUtBDVQUog49Wg
  • Building Design: Villa Attached
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Additional Rooms: Laundry in Residence
  • Bedroom Description: Master BR Ground
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Pantry, Volume Ceiling
  • Kitchen: Gas Available, Island, Pantry
  • Primary Bathroom: Dual Sinks
  • Room Count: 8
  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 460.23
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Exterior Features: Built In Grill
  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Built In Grill
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Heated Gas
  • Storm Protection: Impact Resistant Windows
  • Windows: Sliding, Casement

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Shopping, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Maintenance: Cable, Pest Control Exterior, Sewer, Street Lights, Water
  • Management: Developer
  • Sub Condo Name: MERCATO

Association/Amenities

  • Units in Building: 2
  • Total Number of Units: 47
  • Pets: With Approval
  • Development: Mercato

Fee Information

  • HOA Fees: 1950
  • HOA Fee Frequency: Quarterly
  • Transfer Fees: 750.00

Lot Info

  • Rear Exposure: Southwest
  • Lot Dimensions: 76 X 88
  • Section: 34
  • Total Area: 4242

Rental Info

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

Tax Info

  • Tax Description: New Construction

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2024
Sold by
Lenz Aaron and Dolly Lenz 2020 Trust
Bought by
Russo Naples Casamore Qualified Personal Resi and Russo
Current Estimated Value
$3,757,514

Purchase Details

Closed on
May 16, 2022
Sold by
Lutgert Erik J and Lutgert Nicola J
Bought by
Dolly Lenz 2020 Trust

Purchase Details

Listed on
Jun 2, 2015
Closed on
Sep 16, 2016
Sold by
Mercato Residences Llc
Bought by
Lutgert Eric and Lutgert Nicola J
Seller's Agent
Mary Kavanagh
Premier Sotheby's Int'l Realty
Buyer's Agent
Susan Gardner
Premier Sotheby's Int'l Realty
List Price
$1,550,000
Sold Price
$1,435,000
Premium/Discount to List
-$115,000
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%
Original Mortgage
$850,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Russo Naples Casamore Qualified Personal Resi $4,525,000 None Listed On Document
Dolly Lenz 2020 Trust $3,600,000 Bond Schoeneck & King Pllc
Lutgert Eric $1,435,000 Lutgert Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutgert Eric $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2016 09/16/16 Sold $1,435,000 -32.8% $338 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/03/2015 11/03/15 Price Changed $2,135,000 +4.9% $503 / Sq Ft
10/23/2015 10/23/15 Price Changed $2,035,000 +0.5% $480 / Sq Ft
10/10/2015 10/10/15 Price Changed $2,024,815 +0.5% $477 / Sq Ft
08/24/2015 08/24/15 Price Changed $2,014,900 +27.9% $475 / Sq Ft
08/03/2015 08/03/15 Price Changed $1,575,000 +1.6% $371 / Sq Ft
06/02/2015 06/02/15 For Sale $1,550,000 -- $365 / 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 $27,529 $3,230,730 $1,757,887 $1,472,843
2024 $27,652 $2,849,845 $1,267,832 $1,582,013
2023 $27,652 $2,792,879 $954,282 $1,838,597
2022 $19,935 $1,922,553 $0 $0
2021 $20,182 $1,866,556 $0 $0
2020 $19,703 $1,840,785 $412,016 $1,428,769
2019 $19,179 $1,701,101 $0 $0
2018 $18,827 $1,546,455 $0 $0
2017 $15,616 $1,405,868 $443,229 $962,639
2016 $4,298 $375,000 $0 $0
2015 $1,185 $106,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 215028413

Naples Area Board of REALTORS®

APN: 69288000928