NOT LISTED FOR SALE

Estimated Value: $2,150,000 - $2,942,000

4 Beds
4.5 Baths
2,942 Sq Ft
$900/Sq Ft Est. Value

Last Sold March 29, 2023

Last sale price $2,850,000 $969 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $16,275/month

13 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Wood Flooring
  • Pelican Marsh Elementary School Rated A
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of March 2023

This Mercato villa has incredible specs: •4 bed (3 + cabana) and 4.5 bath home in The Residences at Mercato. •Offered fully furnished as seen (except art). •Luxury island kitchen features natural gas and wine bar. •Huge living and dining with 24 foot ceilings. •Powered window coverings and full smart home automation. •Calming master suite on main. •Resort-style air conditioned and heated lanai with outdoor kitchen. •Lanai guest bedroom with full bath and sliders also makes a perfect Zoom room. •Meander out the front door for morning yoga and coffee in seconds, along with all the other Mercato shops, offices, restaurants, cafes, banks, and even the Whole Foods. •Bonus: Mercato’s been through multiple hurricanes with no water level issues at all.

Last Agent to Sell the Property

Matthew Biggers

Compass Florida LLC Listed on: 02/10/2023

Compass Florida LLC

Last Buyer's Agent

Gregory Beretta

Serhant-Naples

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,264

Year Built

  • Built in 2016

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions: 87
  • North Facing Home
  • Gated Home

HOA Fees

  • $945 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

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

Interior Spaces

  • 2,942 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • Heated In Ground Pool
  • Outdoor Gas Grill

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Smart Home Wiring
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 69288001024

Community Details

Overview

  • Mercato Community
  • Mandatory home owners association

Additional Features

  • Shops
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,264

Year Built

Built in 2016

Lot Details

0

HOA Fees

$945 per month

Parking

2

Listing Details

  • Legal Description: RESIDENCES AT MERCATO LOT 47
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.254525$-81.798278$335.12$13.33$1.00$OGbl_jmLrMua2pmhV0C19A
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Windows
  • Year Built: 2016
  • Directions: Mercato is located on the corner of Vanderbilt Beach Rd. and 41 (Tamiami Trail). Two gates to property. The one to enter through is by Rocco's Tacos and the roundabout.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 968.73
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 2942
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground
  • Bedrooms: 4 Bed
  • Total Bedrooms: 4
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Gas Grill, Home Automation, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer, Wine Cooler
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Smoke Detectors, Volume Ceiling
  • Kitchen: Gas Available, Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Casement, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block, Wood Frame
  • Irrigation: Central
  • Exterior Features: Built In Grill
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Security: Alarm, Gated
  • Sewer: Central
  • Water: Central
  • Gas Description: Natural

Condo/Co-op/Association

  • Management: Residents
  • Mandatory HOA: Yes
  • Sub Condo Name: MERCATO
  • HOA Fees: 2835.24
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Sewer, Water
  • Development Name: MERCATO

Association/Amenities

  • Pets: With Approval
  • Development: Mercato
  • Amenities: Shopping, Sidewalk, Streetlight, Underground Utility
  • Community Type: Gated
  • Units In Building: 2
  • Total Number of Units: 47

Lot Info

  • Builder Product: No
  • Section: 34
  • Total Area: 3811
  • Waterfront: No
  • Acres: 0.1300
  • Rear Exposure: North
  • Lot Dimensions: 87 X 65
  • Parcel Number: 69288001024

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 20264.00
  • Tax Year: 2022

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 29, 2023
Sold by
Biggers David
Bought by
Roy L Gorin Revocable Trust
Seller's Agent
Matthew Biggers
Compass Florida LLC
Buyer's Agent
Gregory Beretta
Serhant-Naples
List Price
$3,000,000
Sold Price
$2,850,000
Premium/Discount to List
-$150,000
-5%
Views
39
Current Estimated Value
$2,646,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$203,046
Avg. Annual Appreciation
-2.67%
Original Mortgage
$2,850,000
Outstanding Balance
$2,747,024
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
-$100,070

Purchase Details

Closed on
Dec 21, 2022
Sold by
Biggers David and Biggers Erin
Bought by
Biggers David

Purchase Details

Listed on
Aug 24, 2016
Closed on
Apr 18, 2018
Sold by
Mercato Residences Llc
Bought by
Biggers David and Biggers Erin
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
$1,970,000
Sold Price
$1,970,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
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
Roy L Gorin Revocable Trust $2,850,000 --
Biggers David -- --
Biggers David $1,970,000 Lutgert Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy L Gorin Revocable Trust $2,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2023 03/29/23 Sold $2,850,000 -5.0% $969 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $3,000,000 +52.3% $1,020 / Sq Ft
04/18/2018 04/18/18 Sold $1,970,000 0.0% $517 / Sq Ft View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
08/24/2016 08/24/16 For Sale $1,970,000 -- $517 / 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 $17,057 $1,846,443 -- --
2024 $21,025 $1,794,405 -- --
2023 $21,025 $1,997,588 $0 $0
2022 $20,264 $1,815,989 $0 $0
2021 $18,251 $1,650,899 $406,630 $1,244,269
2020 $16,839 $1,537,435 $339,717 $1,197,718
2019 $16,468 $1,492,223 $339,717 $1,152,506
2018 $15,669 $1,284,866 $0 $0
2017 $13,010 $1,168,060 $365,453 $802,607
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: 223010392

Naples Area Board of REALTORS®

APN: 69288001024