NOT LISTED FOR SALE

Estimated Value: $454,000 - $495,000

2 Beds
2 Baths
1,364 Sq Ft
$346/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $515,000 $378 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,933/month

69 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Concrete Block With Brick
  • Shutters
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of May 2024

Location, location, location! Outstanding investment opportunity!
Magnificent, bright and beautiful single story ranch house, located on an oversized lot, close to everything Naples has to offer. Modern tin roof was installed in 2020 and solar panels installed in 2021. New irrigation system installed in 2023.
Ample space to park RVs, boats, trucks or several cars on both sides of the house in addition to having a double car garage.
This home has beautiful real wood floors, an upgraded kitchen with stainless steel appliances and beautiful granite, crown moldings and extra storage room in the garage.
The lanai has an enclosure, actually used as 3rd bedroom, with air conditioning and direct access to the house.The master bedroom was extended towards the lanai, which has enough space for a winter garden or office or breakfast area. Actually the house is conforming by the main house with 2/1 and the master is a studio or guest room with 1/1. The master has an independent entrance and is currently separated from the house, obtaining a studio that can easily be converted to be part of the house again.
The furniture that is in the house can be part of the negotiation.
The exterior of the property was completely painted less than a year ago (walls, garage door, etc.)
The property is approved for Airbnb. Very private home in a great neighborhood close to shopping, dining, the beautiful beaches and the famous and beautiful downtown Naples.
A gem with many excellent extras both to live with your family, or to have a very profitable investment!

Last Agent to Sell the Property

Lidia Morelli

New Realty of South Florida Listed on: 02/23/2024

Last Buyer's Agent

Mary Stapleton

John R Wood Properties

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,186

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions: 163
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well

Community Details

  • Lely Tropical Estates Community

Listing and Financial Details

  • Assessor Parcel Number 55500600007
  • Tax Block 9

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,186

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Legal Description: LELY TROPICAL EST UNIT 2 BLK 9 LOT 28
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.113803$-81.745805$126.45$13.33$1.00$9V3fi-xX-IG-EvT0sl9ZTg
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters, Shutters - Manual
  • Year Built: 1975
  • Property Information: Location, location, location! Outstanding investment opportunity! Magnificent, bright and beautiful single story ranch house, located on an oversized lot, close to everything Naples has to offer. Modern tin roof was installed in 2020 and solar panels installed in 2021. New irrigation system installed in 2023. Ample space to park RVs, boats, trucks or several cars on both sides of the house in addition to having a double car garage. This home has beautiful real wood floors, an upgraded kitchen with stainless steel appliances and beautiful granite, crown moldings and extra storage room in the garage. The lanai has an enclosure, actually used as 3rd bedroom, with air conditioning and direct access to the house.The master bedroom was extended towards the lanai, which has enough space for a winter garden or office or breakfast area. Actually the house is conforming by the main house with 2/1 and the master is a studio or guest room with 1/1. The master has an independent entrance and is currently separated from the house, obtaining a studio that can easily be converted to be part of the house again. The furniture that is in the house can be part of the negotiation. The exterior of the property was completely painted less than a year ago (walls, garage door, etc.) The property is approved for Airbnb. Very private home in a great neighborhood close to shopping, dining, the beautiful beaches and the famous and beautiful downtown Naples. A gem with many excellent extras both to live with your family, or to have a very profitable investment!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 377.57
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence
  • Estimated Living Area: 1364
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Wood
  • Floor Plan: Other
  • Interior Amenities: Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Shower Only

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Well
  • View: Landscaped Area
  • Exterior Features: Decorative Shutters
  • Exterior Finish: Vinyl Siding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: No
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central, Well

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: LELY TROPICAL ESTATES
  • Development Name: LELY TROPICAL ESTATES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Lely Tropical Estates
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Lot Back: 94
  • Lot Frontage: 163
  • Lot Left: 142
  • Lot Right: 110
  • Lot Unit: 28
  • Section: 18
  • Total Area: 1894
  • Waterfront: No
  • Acres: 0.3200
  • Rear Exposure: South
  • Lot Description: Irregular Shape
  • Lot Dimensions: 163 X 142 X 94 X 110
  • Parcel Number: 55500600007

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Taxes: 5185.86
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
May 21, 2024
Sold by
Molokai House Corp
Bought by
Rivero Rolando
Seller's Agent
Lidia Morelli
New Realty of South Florida
Buyer's Agent
Mary Stapleton
John R Wood Properties
List Price
$507,000
Sold Price
$515,000
Premium/Discount to List
$8,000
1.58%
Views
71
Current Estimated Value
$472,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,603
Avg. Annual Appreciation
-6.07%
Original Mortgage
$489,250
Outstanding Balance
$482,672
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$10,275

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 8, 2021
Sold by
Hampton Brian and Hampton Shamin
Bought by
Molokai House Corp
Seller's Agent
Amanda Mallette
Premiere Plus Realty Company
Buyer's Agent
Lidia Morelli
New Realty of South Florida
List Price
$449,000
Sold Price
$380,000
Premium/Discount to List
-$69,000
-15.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$266,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2016
Closed on
Jul 11, 2016
Sold by
Sauck Jeffrey L and Sauck Laura M
Bought by
Hampton Brian and Hampton Shamin
Seller's Agent
Jason Minder
Bayview Realty of Florida
Buyer's Agent
Jason Minder
Bayview Realty of Florida
List Price
$255,000
Sold Price
$248,500
Premium/Discount to List
-$6,500
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$232,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2010
Sold by
Doolin Timothy and Doolin Lorri
Bought by
Sauck Jeffery L and Sauck Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2004
Sold by
May Diane
Bought by
Doolin Timothy and Doolin Lorri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,350
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 1997
Sold by
Megger Thomas A and Megger Mary C
Bought by
May Diane
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
Rivero Rolando $515,000 None Listed On Document
Molokai House Corp $380,000 Florida Universal Title Llc
Hampton Brian $249,000 Florida Universal Title Llc
Sauck Jeffery L $120,000 Sunbelt Title Agency
Doolin Timothy -- Surety Title
May Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivero Rolando $489,250
Previous Owner Molokai House Corp $266,000
Previous Owner Hampton Brian $232,750
Previous Owner Sauck Jeffery L $96,000
Previous Owner Doolin Timothy $124,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2024 05/21/24 Sold $515,000 +1.6% $378 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $507,000 0.0% $372 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $507,000 +33.4% $372 / Sq Ft
10/12/2021 10/12/21 Sold $380,000 -4.8% $279 / Sq Ft View Prior Sale
08/17/2021 08/17/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $399,000 -4.8% $293 / Sq Ft
07/28/2021 07/28/21 Price Changed $419,000 -6.7% $307 / Sq Ft
07/20/2021 07/20/21 For Sale $449,000 +80.7% $329 / Sq Ft
07/12/2016 07/12/16 Sold $248,500 -2.5% $131 / Sq Ft View Prior Sale
05/11/2016 05/11/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $255,000 -- $135 / 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 $5,024 $440,258 $348,589 $91,669
2024 $5,186 $473,500 $365,300 $108,200
2023 $5,186 $478,736 $366,557 $112,179
2022 $5,092 $443,411 $324,511 $118,900
2021 $2,061 $199,937 $0 $0
2020 $2,012 $197,177 $0 $0
2019 $1,970 $192,744 $89,056 $103,688
2018 $2,307 $223,069 $0 $0
2017 $2,266 $218,481 $101,969 $116,512
2016 $920 $102,019 $0 $0
2015 $924 $101,310 $0 $0
2014 $918 $50,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Naples Area Board of REALTORS®

MLS Number: 224018254

Naples Area Board of REALTORS®

APN: 55500600007