NOT LISTED FOR SALE

Estimated Value: $7,888,000 - $12,950,598

3 Beds
4 Baths
7,085 Sq Ft
$1,543/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $6,300,000 $889 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $67,910/month

31 Days on Market

About This Home

As of April 2016

Beautiful homesite with approx. 130 feet of water frontage overlooking Naples Bay and the preserve beyond. Spacious lanai with outdoor kitchen and sundeck. Large Master Suite, Living Room and Dining Room all have beautiful view of the Bay. Each guest bedroom has its own private bath. Two car garage with extra storage. Short distance to the Gulf of Mexico with no bridges.

Last Agent to Sell the Property

Timothy Savage

Gulf Coast International Prop License #NAPLES-249510591 Listed on: 01/02/2016

Last Buyer's Agent

Timothy Savage

Gulf Coast International Prop License #NAPLES-249510591 Listed on: 01/02/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $88,397

Year Built

  • 1981

Lot Details

  • 0.55

Parking

  • Deeded Parking

Interior Spaces

  • 7,085 Sq Ft Home
  • 3-Story Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$88,397

Year Built

1981

Lot Details

0

Listing Details

  • Legal Description: GALLEON DR SECT PORT ROYAL LOT 56
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Additional Rooms: Balcony, Laundry in Residence
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Bar, Formal
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Intercom, Microwave, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Cable Prewire, Fireplace, Foyer, French Doors, Multiple Phone Lines, Pull Down Stairs, Smoke Detectors, Vaulted Ceiling
  • Primary Bathroom: Bidet, Dual Sinks, Separate Tub And Shower
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 1610.84
  • Total Floors: 3

Exterior Features

  • Roof: Built-Up or Flat, Wood
  • Exterior Features: Outdoor Kitchen, Patio
  • Boat Access: Dock Included
  • Canal Width: 200+
  • Construction: Concrete Block, Wood Frame
  • Exterior Features: Outdoor Kitchen, Patio
  • Exterior Finish: Stucco
  • Gulf Access: No Bridge(s)
  • Irrigation: Central
  • Private Pool: Below Ground, Concrete, Equipment Stays, Heated Electric
  • Private Spa: Below Ground, Concrete, Equipment Stays
  • Windows: Casement

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric, Zoned
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Private Membership
  • Community Type: Boating
  • HOA Description: Voluntary
  • Restrictions: Deeded
  • Sub Condo Name: PORT ROYAL

Association/Amenities

  • Pets: No Approval Needed

Schools

  • Elementary School: Lake Park Elementary
  • Middle School: Gulfview Middle School
  • High School: Naples High School
  • Elementary School: Lake Park Elementary
  • High School: Naples High School
  • Middle School: Gulfview Middle School

Lot Info

  • Lot Description: Regular
  • Rear Exposure: East
  • View: Canal
  • Waterfront: Canal, Navigable
  • Lot Dimensions: 100 X 197 X 130 X 239
  • Lot Back: 130
  • Lot Frontage: 100
  • Lot Left: 197
  • Lot Right: 239
  • Lot Unit: 56
  • Section: 22
  • Total Area: 7085

Tax Info

  • Tax Description: City And County, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2016
Closed on
Mar 30, 2016
Sold by
Balsamo Anthony J and Balsamo Mary E
Bought by
Melk John and Melk Karen Palmer
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Timothy Savage
Gulf Coast International Prop
List Price
$6,950,000
Sold Price
$6,300,000
Premium/Discount to List
-$650,000
-9.35%
Current Estimated Value
$10,930,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,630,866
Avg. Annual Appreciation
2.84%

Purchase Details

Listed on
Jan 2, 2016
Closed on
Mar 1, 2016
Bought by
Melk John
Seller's Agent
Timothy Savage
Gulf Coast International Prop
Buyer's Agent
Timothy Savage
Gulf Coast International Prop
List Price
$6,950,000
Sold Price
$6,300,000
Premium/Discount to List
-$650,000
-9.35%

Purchase Details

Closed on
Jan 6, 2011
Sold by
Wamberg Warren T
Bought by
Balsamo Anthony J and Balsamo Mary E

Purchase Details

Closed on
Aug 17, 2007
Sold by
Ehnen Gene R
Bought by
Wamberg Warren T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Interest Rate
6.7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 6, 2005
Sold by
Ehnen Gene R and Ehnen Vera J
Bought by
Ehnen Gene R and Ehnen Vera J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Melk John $6,300,000 Attorney
Melk John $100 --
Balsamo Anthony J $3,500,000 Attorney
Wamberg Warren T $5,400,000 Lawyers Title Insurance Corp
Ehnen Gene R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wamberg Warren T $4,050,000
Previous Owner Ehnen Gene R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $6,300,000 -9.4% $889 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/02/2016 01/02/16 For Sale $6,950,000 -- $981 / 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 $88,397 $9,590,994 $0 $0
2022 $90,934 $9,311,645 $0 $0
2021 $92,377 $9,040,432 $0 $0
2020 $90,125 $8,915,613 $0 $0
2019 $89,059 $8,715,164 $0 $0
2018 $47,534 $4,639,998 $4,621,600 $18,398
2017 $47,267 $4,587,489 $4,569,607 $17,882
2016 $30,810 $3,015,260 $0 $0
2015 $31,454 $2,994,300 $0 $0
2014 $31,575 $2,920,536 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216026649

Naples Area Board of REALTORS®

APN: 17011880008