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4118 Raffia Drive

4118 Raffia Drive, Naples, FL 34119
Sold May 19, 2022
$1,250,000
$475,000 by Rocket Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Jul 23, 2021
$785,000
4118 Raffia Drive has been categorized by the local assessors in Naples, FL as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The building has a total of 2 stories. In addition, 4118 Raffia Drive has 1,887 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 520 ft. The area measurement of the land has been determined as 7,405 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4118 Raffia Drive sold most recently in May 12, 2022 for a total of $1,250,000. If you work out the math, that's approximately a cost of $662.43 per sqft. Before that, the property was also sold for $785,000 in Jul 21, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,878 in taxes each year. 4118 Raffia Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $646,158. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,887
  • Gross Building Area: 1,887
  • Building Area: 1,887
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,887
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAFFIA PRESERVE PHASE 2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RAFFIA PRESERVE PHASE 2 LOT 354

Ownership

  • Current Owner : BORGESON RICHARD B
  • Current Owner 2: BORGESON LAUREN
  • Previous Owner : REGALADO PABLO F
  • Previous Owner 2: REGALADO ELIANNE
  • Owner Before Previous Owner: CARUSO JEFFREY M
  • Owner Before Previous Owner 2: CARUSO LILIAN G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010436

Geography

  • Assessors Map Reference: 3B34
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 585270
  • Parcel: 69020003701
  • Lot: 354
  • Meridian: SEC 34 TWN 48 RNG 26
  • Municipality: COUNTY COLLIER
  • Latitude: 26.2522
  • Longitude: -81.6938

    Address

  • Full Address: 4118 Raffia Dr
  • Address - House Number: 4118
  • Address - Street Name: Raffia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Naples
  • Carrier Code: R175
  • 4-Digit Zip Code: 9681
  • Zip Code: 34119

Valuation

    Tax

  • Total Area: 3,125
  • Tax Year: 2022
  • Tax Amount: $6,878
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2418
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 1,112,120
  • High Value: 1,381,072
  • Low Value: 843,167

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052
  • Second Open Lien Mortgage Lender: SUNCOAST CREDIT UNION CORPORAT
  • Second Open Lien Mortgage Recording Date: Apr 21, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $725,578
  • Market Land Value: $164,657
  • Market Improvement Value: $560,921

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $646,158

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11888784052
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6254940
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jul 21, 2021
  • Previous Sale Amount: $785,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

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Frequently Asked Questions

What neighborhood is 4118 Raffia Drive located in?
The 4118 Raffia Drive is a located in the neighborhood of Summit Place In Naples in Urban Estates, Naples.
What is the average sales price for listings in 4118 Raffia Drive?
The average sales price for units in 4118 Raffia Drive is $0 currently.

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