NOT LISTED FOR SALE

Estimated Value: $5,840,000 - $7,752,237

5 Beds
7 Baths
10,080 Sq Ft
$663/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $4,200,000 $417 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $42,400/month

299 Days on Market

Highlights

  • Central Heating and Cooling System
  • Pelican Marsh Elementary School Rated A
  • Ceiling Fan

About This Home

As of June 2018

H.12139 - Magnificent, custom estate located in the highly desired Estates at Bay Colony that offers luxury & tranquility in equal measure. Strategically situated with 387' of beautiful lakefront vistas & a commanding view of the in-lake fountain from the grand foyer entrance. The home sprawls throughout its 7,111 Sq.ft of living area with a gracefully flowing floorplan that is warm, inviting & enjoys plentiful amounts of natural light. Exquisite finish & features includes marble floors, beautiful millwork & stonework, custom ceiling detail, in-door & out-door fireplaces, butler's pantry, climate controlled walk-in wine room, elevator, gourmet kitchen and much more! Master Suite includes sitting room, his/her baths & his/her walk-in closets. Separate guest suite located off the covered lanai is ideal for staying family/friends or just as a bonus room. There is ample motercourt space framed by dual 2-car garages, allowing for the avid car collector. This home is the entertainer's dream with 31' x 32' screened lanai with summer kitchen & fireplace as well as the resort styled custom pool/spa with lakefront vistas. Ideally situated nearby the clubhouse & private beach & tennis club

Last Agent to Sell the Property

Bill Earls

John R Wood Properties License #NAPLES-249500719 Listed on: 07/31/2017

John R Wood Properties

Co-Listed By

Larry Lappin Jr

John R Wood Properties License #NAPLES-249500505

Last Buyer's Agent

Marianna Foggin

Gulf Coast International Prop License #NAPLES-267510288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,140

Year Built

  • 2004

Lot Details

  • 0.79

HOA Fees

  • $898 per month

Parking

  • Deeded Parking

Home Design

  • Tile

Interior Spaces

  • 10,080 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Community Details

  • $11,500 Secondary HOA Transfer Fee

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,140

Year Built

2004

Lot Details

0

HOA Fees

$898 per month

Parking

4

Listing Details

  • Legal Description: BENTGRASS BEND AT THE ESTATES AT BAY COLONY GOLF CLUB LOT 80
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Loft, Screened Lanai/Porch
  • Dining Room: Breakfast Bar, Breakfast Room, Formal
  • Elevator: Private
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Security System, Smoke Detector, Walk-In Cooler, Washer, Wine Cooler
  • Flooring: Carpet, Marble
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Foyer, French Doors, Laundry Tub, Multiple Phone Lines, Smoke Detectors, Surround Sound Wired, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 592.05
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Outdoor Fireplace, Outdoor Kitchen
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Heated Gas
  • Private Spa: Below Ground, Concrete, Heated Gas
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Solar Tinted
  • Roof: Tile

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 4

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: BBQ - Picnic, Beach - Private, Beach Access, Beach Club Available, Bike And Jog Path, Bike Storage, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Golf Course, Private Beach Pavilion, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Maintenance: Irrigation Water, Reserve, Security
  • Management Company Phone: 239-597-8704
  • Approval: Buyer
  • Management: Professional
  • Restrictions: Architectural, Deeded
  • Sub Condo Name: ESTATES AT BAY COLONY GOLF CLUB

Association/Amenities

  • Pets: No Approval Needed
  • Development: Pelican Marsh

Fee Information

  • HOA Fees: 10772
  • HOA Fee Frequency: Annually
  • Mandatory Club Fee: 1572
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 1335
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 11500.00
  • Application Fee: 100.00

Schools

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

Lot Info

  • Lot Description: Regular
  • Rear Exposure: Northwest
  • View: Lake
  • Waterfront: Lake
  • Lot Dimensions: 159 X 215
  • Lot Back: 159
  • Lot Frontage: 159
  • Lot Left: 215
  • Lot Right: 215
  • Lot Unit: 80
  • Section: 27
  • Total Area: 10080

Rental Info

  • Leases Per Year: 1
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Municipal Service Tax Developmen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Jun 22, 2018
Sold by
Hertzog Leo L and Hertzog Jean E
Bought by
9751 Bentgrass Bend Llc
Seller's Agent
Bill Earls
John R Wood Properties
Buyer's Agent
Marianna Foggin
Gulf Coast International Prop
List Price
$5,695,000
Sold Price
$4,200,000
Premium/Discount to List
-$1,495,000
-26.25%
Current Estimated Value
$7,015,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,815,083
Avg. Annual Appreciation
7.62%
Original Mortgage
$2,000,000
Outstanding Balance
$1,751,265
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$5,350,797

Purchase Details

Closed on
Feb 10, 2005
Sold by
Bentgrass Venture Lc
Bought by
Hertzog Leo J and Hertzog Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2002
Sold by
Cohen Harold D and Cohen Jane B
Bought by
Bentgrass Venture L Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1999
Sold by
W C I Commmunities Inc
Bought by
Cohen Harold D and Cohen Jane B
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
9751 Bentgrass Bend Llc $4,200,000 Attorney
Hertzog Leo J $4,800,000 --
Bentgrass Venture L Lc $1,300,000 --
Cohen Harold D $925,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 9751 Bentgrass Bend Llc $2,000,000
Previous Owner Hertzog Leo J $3,000,000
Previous Owner Hertzog Leo J $2,800,000
Previous Owner Hertzog Leo J $3,000,000
Previous Owner Bentgrass Venture L Lc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $4,200,000 -6.7% $417 / Sq Ft
04/15/2018 04/15/18 Price Changed $4,500,000 -9.9% $446 / Sq Ft
02/06/2018 02/06/18 Price Changed $4,995,000 -12.3% $496 / Sq Ft
07/31/2017 07/31/17 For Sale $5,695,000 -- $565 / 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 $37,140 $3,651,275 $0 $0
2022 $38,359 $3,544,927 $0 $0
2021 $38,579 $3,430,405 $352,469 $3,077,936
2020 $39,937 $3,590,505 $623,268 $2,967,237
2019 $39,631 $3,547,169 $687,744 $2,859,425
2018 $47,034 $4,196,297 $1,460,596 $2,735,701
2017 $53,864 $4,697,402 $1,460,596 $3,236,806
2016 $39,013 $3,384,362 $0 $0
2015 $39,323 $3,360,836 $0 $0
2014 $39,408 $3,284,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217049187

Naples Area Board of REALTORS®

APN: 23932000443