NOT LISTED FOR SALE

Estimated Value: $4,191,000 - $6,362,467

5 Beds
6.5 Baths
7,357 Sq Ft
$701/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $3,075,000 $418 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $34,739/month

25 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Home Theater
  • Pelican Marsh Elementary School Rated A
  • Gated with Attendant
  • Infinity Pool

About This Home

As of April 2018

Come see this beautifully renovated home in Sweet Bay! The kitchen and adjoining butler's pantry are absolutely gorgeous. The finishes are exquisite and are only seen in a home in this price point. Large yet extremely comfortable best describes the space in this home, which has two master suites on the main floor level. The living room has floor to ceiling windows with a fireplace for the cool winter nights! Up the pretty staircase are 2 bedroom ensuites and a family room complete with built-in cabinets. This is the largest home for sale in Pelican Marsh, other than the estate golf homes. The floor plan is wonderful for entertaining and the square footage would also be good for a family home. In the back of the house there is a outdoor kitchen, spa, and open pool with pretty views of the lake and golf course.

Last Agent to Sell the Property

Teri Forsberg

Premier Sotheby's Int'l Realty License #NAPLES-249517402 Listed on: 01/22/2018

Premier Sotheby's Int'l Realty

Last Buyer's Agent

Patrick Dearborn

John R Wood Properties License #NAPLES-249515101

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,029

Year Built

  • Built in 1999

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions: 113
  • Lake Front
  • Southeast Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $111 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Property Views

  • Water
  • Golf Course

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 7,357 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Furnished or left unfurnished upon request
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Floor-to-Ceiling Windows
  • Arched Windows
  • Transom Windows
  • Picture Window
  • Sliding Windows
  • Casement Windows
  • Family Room
  • Combination Dining and Living Room
  • Home Theater
  • Home Office
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Infinity Pool
  • Concrete Pool
  • In Ground Spa
  • Screened Spa
  • Outdoor Shower
  • Pool Equipment Stays

Outdoor Features

  • Water Fountains
  • Outdoor Kitchen
  • Attached Grill

Schools

  • Pelican Marsh Elementary School
  • Pine Ridge Middle School
  • Barron Collier High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66679201766

Community Details

Overview

  • $4,000 Secondary HOA Transfer Fee
  • Private Membership Available

Amenities

  • Clubhouse
  • Business Center
  • Community Library
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Exercise Course
  • Community Pool
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,029

Year Built

Built in 1999

Lot Details

0

HOA Fees

$111 per month

Parking

3

Listing Details

  • Legal Description: PELICAN MARSH UNIT TWO LOT 9 OR 1971 PG 708
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Storm Protection: Impact Resistant Windows
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Furnished
  • Price Per Sq Ft: 417.97
  • Total Floors: 2
  • Room Count: 10
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Media Room, Screened Lanai/Porch
  • Estimated Living Area: 7357
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7.00
  • Bedroom Description: Master BR Ground, Master BR Sitting Area, Two Master Suites
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Wall Oven, Washer
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Fireplace, Foyer, High Speed Available, Laundry Tub, Multiple Phone Lines, Pull Down Stairs, Smoke Detectors, Tray Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Jetted Tub, Separate Tub And Shower
  • Windows: Arched, Casement, Picture, Sliding, Transom

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Golf Course, Water
  • Exterior Features: Built In Grill, Outdoor Kitchen, Outdoor Shower, Sprinkler Auto, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Concrete, Equipment Stays, Negative Edge, Pool Bath
  • Private Spa Type: Below Ground, Concrete, Equipment Stays, Screened
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Driveway Paved

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Monitored Alarm, Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-594-7800
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Architectural, Deeded, No Commercial, No RV
  • Sub Condo Name: SWEET BAY
  • HOA Fees: 1335
  • HOA Fee Frequency: Annually
  • Maintenance: Cable

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Marsh
  • Amenities: Basketball, Bike And Jog Path, Business Center, Clubhouse, Community Pool, Community Room, Exercise Room, Golf Course, Hobby Room, Internet Access, Library, Play Area, Private Membership, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 1
  • Total Number of Units: 1

Fee Information

  • Transfer Fees: 4000.00

Schools

  • Elementary School: PELICAN MARSH ELEMENTARY SCHOOL
  • Middle School: PINE RIDGE MIDDLE SCHOOL
  • High School: BARRON COLLIER HIGH SCHOOL
  • Elementary School: Pelican Marsh Elementary School
  • High School: Barron Collier High School
  • Middle School: Pine Ridge Middle School

Lot Info

  • Builder Product: No
  • Lot Back: 113
  • Lot Frontage: 113
  • Lot Left: 195
  • Lot Right: 195
  • Lot Unit: 9
  • Section: 34
  • Total Area: 11727
  • Waterfront: Yes
  • Acres: 0.5000
  • Rear Exposure: Southeast
  • Lot Description: Irregular Shape, Oversize
  • Lot Dimensions: 113 X 195
  • Parcel Number: 66679201766

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Community Development District
  • Taxes: 22029.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Apr 26, 2018
Sold by
Bellestri Geraldine J and Giarmarco Julius G
Bought by
Bass Michael A
Seller's Agent
Teri Forsberg
Premier Sotheby's Int'l Realty
Buyer's Agent
Patrick Dearborn
John R Wood Properties
List Price
$3,495,000
Sold Price
$3,075,000
Premium/Discount to List
-$420,000
-12.02%
Current Estimated Value
$5,816,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,741,055
Avg. Annual Appreciation
8.75%

Purchase Details

Listed on
Oct 23, 2014
Closed on
Nov 13, 2014
Sold by
Riesenberg James J and Riesenberg Robin C
Bought by
Bellestri Geraldine J
Seller's Agent
Dave Renner
Premier Sotheby's Int'l Realty
Buyer's Agent
Teri Forsberg
Premier Sotheby's Int'l Realty
List Price
$2,695,000
Sold Price
$2,562,500
Premium/Discount to List
-$132,500
-4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Apr 2, 2004
Sold by
Riesenberg Nancy E
Bought by
Riesenberg James J and Riesenberg Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,789,554
Interest Rate
5.54%
Mortgage Type
Unknown
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
Bass Michael A $3,075,000 Attorney
Bellestri Geraldine J $2,562,500 Paradise Coast Title & Escro
Riesenberg James J $750,000 Midwest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riesenberg James J $1,789,554
Previous Owner Riesenberg James H $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2018 04/17/18 Sold $3,075,000 -12.0% $418 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $3,495,000 +36.4% $475 / Sq Ft
11/14/2014 11/14/14 Sold $2,562,500 -4.9% $348 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $2,695,000 -- $366 / 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
2023 $35,256 $2,849,089 $0 $0
2022 $32,042 $2,590,081 $0 $0
2021 $27,574 $2,354,619 $0 $0
2020 $24,644 $2,137,196 $371,975 $1,765,221
2019 $27,129 $2,360,827 $659,956 $1,700,871
2018 $24,681 $2,044,190 $0 $0
2017 $22,029 $1,884,872 $371,975 $1,512,897
2016 $24,047 $2,071,918 $0 $0
2015 $24,745 $2,086,993 $0 $0
2014 $20,995 $1,637,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218006358

Naples Area Board of REALTORS®

APN: 66679201766