5161 Teak Wood Drive

5161 Teak Wood Drive in Naples, FL was first built in 1985 and is 41 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a property type. There are a total of 200 floors. 5161 Teak Wood Drive has 1,144 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 49,658 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . 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, 5161 Teak Wood Drive sold most recently in Jun 20, 2022 for a total of $530,000. If you work out the math, that's approximately a cost of $463.29 per sqft. Before that, the property was also sold for $389,900 in Sep 28, 2020. 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 $412,826 in taxes each year. 5161 Teak Wood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $303,611. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.