NOT LISTED FOR SALE

Estimated Value: $424,000 - $429,000

3 Beds
2 Baths
1,857 Sq Ft
$569/mo HOA Fee

Last Sold August 15, 2019

Last sale price $212,500 $114 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,229/month

65 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • High Ceiling
  • Pinewoods Elementary School Rated A-
  • Lake View
  • Community Pool

About This Home

As of August 2019

Location, Location, and priced below Market value! Welcome to Marbella at Spanish Wells, a beautiful private gated community close to the beaches, arts, shopping and dining. This three-bedroom two bath split plan end unit features mature landscaping and beautiful water and nature views. One can enjoy the sunrise from the screened lanai just off the kitchen and watch the Herons fish the edge of the lake. The kitchen enjoys the same views, with ample cabinet and counter space where more than one chef will have plenty of room to work. This is an open concept layout, and the area is adjoined by a family room, with the great room combo steps away. To the east of this is the master suite with a water and nature view from the window. This expansive suite has a large walk-in closet, and a master bath with an additional closet as well as linen closet. The bath has a double sink vanity, along with a large three by five shower and a jacuzzi tub. On the other side of the unit there are two more bedrooms, a separate laundry room, and the second bath with a tub shower combination. Downstairs is the garage, with plenty of room for the car and beach toys. In addition, the HOA fee covers High-Speed Internet and Basic cable. Located less than a ten-minute drive to the gulf beaches and Barefoot Beach, or the Riverside park and numerous restaurants, this unit and complex has the location and amenities one would want for a full-time residence or winter home. See it today!

Last Agent to Sell the Property

Donald Killam

DALTON WADE INC License #3193542 Listed on: 05/17/2019

DALTON WADE INC

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,216

Year Built

  • Built in 2004

Lot Details

  • North Facing Home
  • Condo Land Included

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Open Parking
  • Assigned Parking

Property Views

  • Lake
  • Pond

Home Design

  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, escrow reserves fund, insurance, internet, maintenance structure, ground maintenance, private road, sewer, trash, water
  • Cardinal Management Group Of Florida Association, Phone Number (239) 774-0723
  • Visit Association Website
  • Marbella/Spanish Wells I Subdivision
  • The community has rules related to no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Gated Community
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,216

Year Built

Built in 2004

Lot Details

0

HOA Fees

$569 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Private Road, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1857
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 1857
  • Lot Size Sq Ft: 9536
  • Directions to Property: From I-75 head west on Bonita Springs Rd SE. Turn left into complex on Caballero Way, after Guard gate immediate right on La Playa Ct. and west to address
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8045949&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8045949&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 0.96635
  • Price per Sq Ft: 114.43
  • Close to Original List Price Ratio: 0.94486
  • Ratio: Current Price\Building Area Total: 114.43
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds, Storm Window(s)
  • Street Number Modifier: 9315
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Water View: Lake, Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12071C0658F
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Parking Pad
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Available, Phone Available, Public, Sewer Connected, Underground Utilities, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Golf, No Truck/RV/Motorcycle Parking, Pool, Tennis Courts
  • Association Amenities: Gated, Golf Course, Pool, Tennis Court(s)
  • Association Fee: 569
  • Association Fee Frequency: Monthly
  • Association Name: Cardinal Management Group Of Florida
  • Phone: 239-774-0723
  • Association: Yes
  • Security: Fire Sprinkler System, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association Website: https://www.cardinalmanagementgroup.com/welcome.cf
  • Association Email: Cardinal@cmgflorida.com
  • Condo Land Included Y N: Yes
  • Amenities Additional Fees: Note: The Master association charges new Buyers a $2000 transfer fee at closing
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6828
  • Monthly HOA Fee: 569
  • Total Monthly Fees: 569

Lot Info

  • Zoning: RPD
  • Parcel Number: 03-48-25-B2-01617.1724
  • Additional Parcels: No
  • Flood Zone Code: X500
  • Flood Zone Date: 2008-08-28
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Minimum Lease: 1 Month
  • Approval Process: lease agreements must be submitted to association management company 29 days prior to lease date
  • Num Timesper Year: 3
  • Pet Restrictions: Each unit may maintain up to two (2) household pets, to be limited to domestic dogs, or domestic cats or caged birds. One fish tank not exceeding 55 gallons is also authorized, without respect to the number of fish.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: No more than one family reside in a unit at one time. In no event shall occupancy (except for temporary occupancy by the visiting guests) exceed two (2) persons per bedroom, plus two additional persons.

Tax Info

  • Tax Annual Amount: 3216
  • Tax Block: 1617
  • Tax Book Number: 4557/3521
  • Tax Lot: 1724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2025
Sold by
Lapenna Diane Lucille
Bought by
Lapenna Diane Lucille and Lapenna Robert
Current Estimated Value
$426,767

Purchase Details

Closed on
Feb 18, 2022
Sold by
Peter Trout John and Peter Sue Cynthia
Bought by
Lapenna Diane Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,750
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2019
Closed on
Aug 14, 2019
Sold by
Pereiro Stephen M and Pereiro Maureen A
Bought by
Trout John Peter and Trout Cynthia Sue
Seller's Agent
Donald Killam
DALTON WADE INC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$224,900
Sold Price
$212,500
Premium/Discount to List
-$12,400
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%

Purchase Details

Closed on
Jan 10, 2018
Sold by
Diresta Peter J and Diresta Joanne
Bought by
Pereiro Stephen M and Pereiro Maureen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Ziegler Joseph M
Bought by
Diresta Peter J and Diresta Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2005
Sold by
Tousa Homes Inc
Bought by
Ziegler Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.72%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Lapenna Diane Lucille -- None Listed On Document
Lapenna Diane Lucille $440,000 New Title Company Name
Trout John Peter $212,500 Fidelity Natl Ttl Of Fl Inc
Pereiro Stephen M $220,000 Attorney
Diresta Peter J $405,000 None Available
Ziegler Joseph M $247,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lapenna Diane Lucille $303,750
Previous Owner Pereiro Stephen M $200,000
Previous Owner Leff David A $41,300
Previous Owner Diresta Peter J $303,750
Previous Owner Ziegler Joseph M $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $212,500 -3.4% $114 / Sq Ft
07/20/2019 07/20/19 Pending -- -- --
06/05/2019 06/05/19 Price Changed $219,900 -2.2% $118 / Sq Ft
05/16/2019 05/16/19 For Sale $224,900 -- $121 / Sq Ft
Source: Stellar MLS

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
2024 $4,019 $332,759 -- $332,759
2023 $5,578 $406,303 $0 $406,303
2022 $2,694 $214,215 $0 $0
2021 $2,695 $211,091 $0 $211,091
2020 $2,728 $205,105 $0 $205,105
2019 $3,169 $204,298 $0 $204,298
2018 $3,216 $204,298 $0 $204,298
2017 $3,431 $213,180 $0 $213,180
2016 $3,557 $217,731 $0 $217,731
2015 $3,397 $202,400 $0 $202,400
2014 $3,161 $186,400 $0 $186,400
2013 -- $181,100 $0 $181,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8045949

Stellar MLS

APN: 03-48-25-B2-01617.1724