NOT LISTED FOR SALE

12116 Lakewood Preserve Place Fort Myers, FL 33913

Arborwood Neighborhood

Estimated Value: $423,721 - $478,000

2 Beds
2 Baths
1,646 Sq Ft
$471/mo HOA Fee

Last Sold April 10, 2024

Last sale price $490,000 $298 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,421/month

98 Days on Market

Highlights

  • Lake Front
  • Lap Pool
  • Clubhouse
  • Gated with Attendant
  • Carriage House
  • Great Room

About This Home

As of April 2024

Live the good life in this picture-perfect Marina Bay Villa! Warmth and comfort greet you from the moment you step inside this delightful 2-bed+den/2-bath oasis. Open kitchen with sealed tile floors flow throughout, leading to an oversized lanai with breathtaking views of one of Marina Bays many beautiful lakes. Upgrades galore! Kinetico water system, custom closets, roll out shelving and stainless steel appliances are just a taste of what awaits. Hurricane-ready? We've got you covered with protection on every window and electronic screens on the lanai. Location, location, location! Marina Bay puts you close to everything – some of Floridas best beaches, dining, shopping, entertainment, RSW Int'l Airport and even Boston Red Sox and Minnesota Twins Spring Training. But wait, there's more! Dive into the resort-style amenities at the 12,491 sq ft clubhouse. Stay fit and active with a fitness center, aerobics studio, and indoor sports court. Unwind and socialize in the card room, hobby room or social hall. Catering kitchen? Yes, please! Host unforgettable gatherings with ease. This home is more than just a place to live – it's a lifestyle. Marina Bay is centrally located with easy access to RSW, FGCU, I-75, Miramar Outlets, Gulf Coast Town Center and the Coconut Point Mall, Sanibel Island, Ft Myers Beach, Restaurants, Hiking, Entertainment, Boston Red Sox and Minnesota Twins Spring Training. The list goes on and on. Priced to sell!

Last Listed By

Lisa Ninchritz

Royal Shell Real Estate, Inc. License #BEAR-3438313 Listed on: 12/01/2023

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,727

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions: 131
  • Lake Front
  • South Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $471 Monthly HOA Fees

Parking

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

Home Design

  • Carriage House
  • Villa
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,646 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Hobby Room
  • Screened Porch
  • Tile Flooring
  • Lake Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Lap Pool

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Treatment System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 11-45-25-P4-36000.7950

Community Details

Overview

  • 2 Units
  • Marina Bay Condos
  • Marina Bay Community

Amenities

  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Exercise Course
  • Community Pool
  • Park

Pet Policy

  • Call for details about the types of pets allowed
  • 3 Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,727

Year Built

Built in 2020

Lot Details

0

HOA Fees

$471 per month

Parking

2

Listing Details

  • Legal Description: MARINA BAY PLAT THREE AS DESC IN INST# 2017-156572 LOT 795
  • Property Type: Residential
  • Table: Residential
  • Building Design: Villa Attached
  • Building Description: Carriage/Coach
  • Storm Protection: Electric Shutters, Shutters - Manual, Shutters - Screens/Fabric
  • Year Built: 2020
  • Directions: From I-75 and Daniels Pkwy, Go East on Daniels. Turn left at Treeline Ave. Go to Silver Ridge Blvd & continue on Silver Ridge until you are facing the clubhouse, go left & then make an immediate right - second driveway on the left.
  • Property Information: Live the good life in this picture-perfect Marina Bay Villa! Warmth and comfort greet you from the moment you step inside this delightful 2-bed+den/2-bath oasis. Open kitchen with sealed tile floors flow throughout, leading to an oversized lanai with breathtaking views of one of Marina Bays many beautiful lakes. Upgrades galore! Kinetico water system, custom closets, roll out shelving and stainless steel appliances are just a taste of what awaits. Hurricane-ready? We've got you covered with protection on every window and electronic screens on the lanai. Location, location, location! Marina Bay puts you close to everything – some of Floridas best beaches, dining, shopping, entertainment, RSW Int'l Airport and even Boston Red Sox and Minnesota Twins Spring Training. But wait, there's more! Dive into the resort-style amenities at the 12,491 sq ft clubhouse. Stay fit and active with a fitness center, aerobics studio, and indoor sports court. Unwind and socialize in the card room, hobby room or social hall. Catering kitchen? Yes, please! Host unforgettable gatherings with ease. This home is more than just a place to live – it's a lifestyle. Marina Bay is centrally located with easy access to RSW, FGCU, I-75, Miramar Outlets, Gulf Coast Town Center and the Coconut Point Mall, Sanibel Island, Ft Myers Beach, Restaurants, Hiking, Entertainment, Boston Red Sox and Minnesota Twins Spring Training. The list goes on and on. Priced to sell!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 297.69
  • Total Floors: 1
  • Additional Rooms: Den/Study, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1646
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Security System, Self Cleaning Oven, Smoke Detector, Washer, Water Treatment Owned
  • Flooring: Tile
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Coffered Ceiling, Pantry, Walk-In Closet, Window Coverings
  • Kitchen: Island
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Public Road
  • View: Lake
  • Exterior Features: Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-313-6682
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Commercial, No RV, No Truck
  • Sub Condo Name: MARINA BAY
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Pest Control Interior, Recreational Facilities, Reserve, Security, Sewer, Street Maintenance, Trash Removal
  • Master Hoa Fee: 1413
  • Master HOA Fee Frequency: Quarterly
  • Development Name: MARINA BAY

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 3
  • Development: Marina Bay
  • Amenities: Basketball, Billiards, Clubhouse, Community Park, Community Pool, Community Room, Exercise Room, Hobby Room, Lap Pool, Pickleball, Play Area, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Tennis
  • Units In Building: 2
  • Total Number of Units: 796

Fee Information

  • Application Fee: 100.00

Lot Info

  • Builder Product: No
  • Lot Back: 42
  • Lot Frontage: 131
  • Lot Left: 42
  • Lot Right: 131
  • Lot Unit: 795
  • Section: 11
  • Total Area: 2354
  • Waterfront: Yes
  • Zoning Code: MDP-3
  • Acres: 0.1255
  • Rear Exposure: South
  • Lot Description: Regular
  • Lot Dimensions: 131 X 42 X 42 X 131
  • Parcel Number: 11-45-25-P4-36000.7950

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Tax District Type: Community Development District
  • Taxes: 4726.74
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Apr 10, 2024
Sold by
Pascarelli Keith J and Pascarelli Kimberly L
Bought by
Shelton Norman John and Shelton Tracey Leigh
Seller's Agent
Lisa Ninchritz
Royal Shell Real Estate, Inc.
Buyer's Agent
Lisa Ninchritz
Royal Shell Real Estate, Inc.
List Price
$520,000
Sold Price
$490,000
Premium/Discount to List
-$30,000
-5.77%
Total Days on Market
98
Views
76
Current Estimated Value
$457,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,570
Avg. Annual Appreciation
-6.46%

Purchase Details

Closed on
Aug 31, 2020
Sold by
Lee County Homes Associates Iii Lllp
Bought by
Pascarelli Keith J and Pascarelli Kimberly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,991
Interest Rate
3%
Mortgage Type
New Conventional

Range of Values:

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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
Shelton Norman John $490,000 None Listed On Document
Pascarelli Keith J $311,300 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pascarelli Keith J $248,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $490,000 0.0% $298 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $489,900 -2.0% $298 / Sq Ft
01/30/2024 01/30/24 Price Changed $499,900 -3.9% $304 / Sq Ft
12/01/2023 12/01/23 For Sale $520,000 -- $316 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $4,764 $281,473 -- --
2023 $4,764 $273,275 $0 $0
2022 $4,727 $265,316 $0 $0
2021 $4,799 $257,588 $45,850 $211,738
2020 $1,130 $44,995 $44,995 $0
2019 $837 $44,480 $44,480 $0
2018 $815 $44,480 $44,480 $0
2017 $715 $22,590 $22,590 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 223094148

Multiple Listing Service of Bonita Springs-Estero

APN: 11-45-25-P4-36000.7950