NOT LISTED FOR SALE

Estimated Value: $366,755 - $388,000

3 Beds
2 Baths
1,495 Sq Ft
$308/ mo HOA Fee

Last Sold November 12, 2020

Last sale price $259,000 $173 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,544/month

5 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Water Fountains
  • Gated Community
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of November 2020

BRAND NEW ROOFS!!!! Awesome lakefront 3 bedroom and 2 bath villa featuring an attached 2 car garage, vaulted ceilings, and split floor plan. Enjoy the highly desired southern exposure and screened-in lanai offering serene lake views. Mandalay is a small gated community with a clubhouse, community pool and low HOA fees. Exceptionally located just minutes from downtown Naples.

Last Agent to Sell the Property

Lori Coates

LPT Realty,LLC Listed on: 10/01/2020

LPT Realty,LLC

Last Buyer's Agent

Diana Reese

Smart Way Realty LLC License #FORT-805572666

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions: 36
  • Lake Front
  • South Facing Home
  • Gated Home

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 2 Parking Garage Spaces
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Villa
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,495 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 4 Ceiling Fans
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Family or Dining Combination
  • Screened Porch
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Washer

Home Security

Outdoor Features

  • Water Fountains

Schools

  • Lely Elementary School
  • East Naples Middle School
  • Lely High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 56453000740

Community Details

Overview

  • $1,000 Secondary HOA Transfer Fee
  • 2 Units
  • Mandalay Condos
  • Mandatory home owners association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,722

Year Built

Built in 2006

Lot Details

4,792 Sq Ft Lot

HOA Fees

$308 per month

Parking

2

Listing Details

  • Legal Description: MANDALAY (HO) LOT 25
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.110868$-81.714553$227.04$13.33$1.00$Jgo72bvaNBwJCt0YPwTEtQ
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch
  • Storm Protection: Shutters - Manual
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 4
  • Num Unit Floor: 1
  • Price Per Sq Ft: 173.24
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1495
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Family Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Pull Down Stairs, Smoke Detectors, Volume Ceiling
  • Primary Bathroom: Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Paved Road
  • View: Water, Water Feature
  • Exterior Features: Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2 Assigned

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded
  • Sub Condo Name: MANDALAY
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Recreational Facilities, Street Lights, Street Maintenance, Trash Removal
  • Master Hoa Fee: 925
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: With Approval
  • Development: Mandalay
  • Amenities: Clubhouse, Community Pool, Sidewalk, Streetlight
  • Community Type: Gated
  • Units In Building: 2
  • Total Number of Units: 71

Fee Information

  • Transfer Fees: 1000.00
  • Application Fee: 100.00

Schools

  • Elementary School: Lely Elementary School
  • High School: Lely High School
  • Middle School: East Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 16
  • Total Area: 1495
  • Waterfront: Yes
  • Acres: 0.1100
  • Rear Exposure: South
  • Lot Dimensions: 36 X 138 X 36 X 133
  • Parcel Number: 56453000740

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 2722.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 9, 2020
Sold by
Forget Properties 40 Llc
Bought by
Ames Wanda Dannelley and Furlong John Michael
Seller's Agent
Lori Coates
LPT Realty,LLC
Buyer's Agent
Diana Reese
Smart Way Realty LLC
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$376,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,939
Avg. Annual Appreciation
7.27%
Original Mortgage
$233,007
Outstanding Balance
$207,343
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$169,596

Purchase Details

Closed on
Oct 13, 2017
Sold by
Forget Norman R and Forget Linda A
Bought by
Forget Properties 40 Llc

Purchase Details

Closed on
Sep 6, 2006
Sold by
Villas At Mandalay Development Llc
Bought by
Forget Norman and Forget Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ames Wanda Dannelley $259,000 Attorney
Forget Properties 40 Llc $203,200 None Available
Forget Norman $342,492 Beachfront Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ames Wanda Dannelley $233,007
Previous Owner Forget Norman $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2020 11/12/20 Sold $259,000 0.0% $173 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $259,000 -- $173 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $3,294 $326,050 -- $326,050
2024 $3,758 $341,000 -- $341,000
2023 $3,758 $379,850 $0 $379,850
2022 $2,998 $246,774 $0 $0
2021 $2,788 $224,340 $0 $224,340
2020 $2,759 $224,340 $0 $224,340
2019 $2,722 $219,855 $0 $219,855
2018 $2,509 $201,865 $0 $201,865
2017 $2,424 $192,676 $0 $0
2016 $2,283 $175,160 $0 $0
2015 $2,215 $159,236 $0 $0
2014 $1,928 $144,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Naples Area Board of REALTORS®

MLS Number: 220054312

Naples Area Board of REALTORS®

APN: 56453000740

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