NOT LISTED FOR SALE

Estimated Value: $430,512 - $515,000

1 Bed
1 Bath
566 Sq Ft
1969 Built

Sale Details

Date Sold: July 14, 2017

Last sale price $242,000 $428 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,782 / mo

182 Days on Market

Highlights

  • Central Heating and Cooling System
  • 2 Ceiling Fans
  • 5-minute walk to Cambier Park
  • Lake Park Elementary School Rated A
  • Turnkey

About This Home

As of July 2017

Wow, talk about location! Twin Palms is located on the corner of 8th St. S and 10th Ave. S. in the heart of downtown Old Naples. Just five short blocks to 3rd St. S. and five short blocks to 5th Ave. S. where a world of fine dining, shopping and entertainment awaits. And let's not forget a 7 minute walk to the beautiful Naples beach! This cozy and clean 1BR / 1BA end unit condo has recently been updated and is being sold Turnkey Furnished. Crown moulding, custom built-ins, diagonal tile, stone counters and more are some features. This charming complex of only 12 units allows pets for owners and also for tenants which is a very rare benefit! Live here and love it, or keep this property as an investment. This unit is a consistent income producer, has great rental history, always rents for Jan., Feb., Mar., and very easily rents for several other months of the year. What an exceptional value for this location, to own in Old Naples for under $300k is a rare offering!

Last Agent to Sell the Property

Carolyn Weinand

Carolyn Weinand Properties Listed on: 01/11/2017

Last Buyer's Agent

Kristen Janson

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Year Built

  • 1969

Parking

  • Deeded Parking

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Flat Roof Shape
  • Metal Roof

Interior Spaces

  • 566 Sq Ft Home
  • 2-Story Property
  • 2 Ceiling Fans
  • Ceiling Fan

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Low-Rise Community
  • Twin Palms Condos

Pet Policy

  • Pets up to 30 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Year Built

1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Legal Description: TWIN PALMS A CONDOMINIUM UNIT 23
  • Street View Param: 1$26.135908$-81.79562399999998$202.55$13.33$1.00$Ku1-DzjwAvDq-_LWLobYqw
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1969

Interior Features

  • Bedroom Description: Master BR Upstairs
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Flooring: Tile
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, Custom Mirrors, Pantry, Smoke Detectors, Window Coverings
  • Primary Bathroom: Combo Tub And Shower
  • Furnished Description: Turnkey
  • Numberof Ceiling Fans: 2
  • Num Unit Floor: 2
  • Price Per Sq Ft: 427.56
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Courtyard, Fruit Trees, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Assessment Paid, Central
  • Road: Alley, City Maintained, Public Road
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Windows: Single Hung
  • Roof: Built-Up Or Flat, Metal

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Amenities: Common Laundry, Internet Access
  • Community Type: Non-Gated
  • Maintenance: Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Repairs, Reserve, Sewer, Street Lights, Trash Removal, Water
  • Approval: Application Fee, Buyer, Tenant
  • Management: Professional
  • Restrictions: Architectural, Deeded, No RV, No Truck
  • Sub Condo Name: TWIN PALMS

Association/Amenities

  • Units in Building: 12
  • Total Number of Units: 12
  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 30
  • Development: Olde Naples

Fee Information

  • Condo Fees: 1000
  • Condo Fee Frequency: Quarterly
  • Application Fee: 100.00

Schools

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

Lot Info

  • Rear Exposure: South
  • View: Landscaped Area
  • Section: 10
  • Total Area: 566

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Jul 14, 2017
Sold by
Graf Cynthia A
Bought by
Watt Cathy A and The Cathy A Watt Revocable Tus
Seller's Agent
Carolyn Weinand
Carolyn Weinand Properties
Buyer's Agent
Kristen Janson
Premiere Plus Realty Company
List Price
$255,000
Sold Price
$242,000
Premium/Discount to List
-$13,000
-5.1%
Current Estimated Value
$480,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,878
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
Jan 28, 2014
Sold by
Deane Alexandra
Bought by
Graf Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Ruffalo Sandra Stone
Bought by
Deane Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Sold by
Flanigan Joseph and Flanigan Deborah
Bought by
Ruffalo Sandra Stone

Purchase Details

Closed on
Jul 3, 2002
Sold by
Anderson Kim
Bought by
Flanigan Joseph L and Flanigan Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 1997
Sold by
Batezel John W and Batezel Joyce E
Bought by
Batezel John W

Purchase Details

Closed on
Apr 23, 1997
Sold by
Batezel John W and Batezel Joyce
Bought by
Anderson Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watt Cathy A $242,000 Alpha Title Svcs Of Fl Inc
Graf Cynthia A $211,000 Attorney
Deane Alexandra $208,000 Attorney
Ruffalo Sandra Stone $167,000 Title Services Of Collier Co
Flanigan Joseph L $160,000 --
Batezel John W -- --
Anderson Kim $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graf Cynthia A $168,800
Previous Owner Deane Alexandra $145,000
Previous Owner Flanigan Joseph L $144,000
Previous Owner Anderson Kim $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/14/2017 07/14/17 Sold $242,000 -2.8% $428 / Sq Ft
07/12/2017 07/12/17 Pending -- -- --
06/19/2017 06/19/17 Price Changed $249,000 -2.4% $440 / Sq Ft
05/22/2017 05/22/17 For Sale $255,000 0.0% $451 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
02/27/2017 02/27/17 Price Changed $255,000 -3.8% $451 / Sq Ft
01/11/2017 01/11/17 For Sale $265,000 -- $468 / 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 $2,793 $297,359 -- --
2024 $2,646 $270,326 -- --
2023 $2,646 $245,751 -- --
2022 $2,511 $223,410 $0 $0
2021 $2,084 $203,100 $0 $203,100
2020 $2,062 $203,100 $0 $203,100
2019 $2,084 $203,100 $0 $203,100
2018 $2,081 $203,100 $0 $203,100
2017 $2,093 $203,100 $0 $203,100
2016 $1,376 $170,324 $0 $0
2015 $1,404 $169,140 $0 $0
2014 $1,656 $153,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 217002392

Naples Area Board of REALTORS®

APN: 20660360005

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