525 Newport Drive

525 Newport Drive has been categorized by the local assessors in Naples, FL as a type of property. The building on the property was first built in 1967 and is 59 years old. However, we must point out that the home was most recently renovated and altered in 2000. In addition, 525 Newport Drive has 7,439 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 162,914 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. 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 control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 525 Newport Drive was last sold in Dec 18, 2019 for $62,500. According to our calculations, that's $8.40 per sqft. Prior to that sales transaction, the property was sold for $52,000 in Aug 6, 2018. Current property owners are expected to pay $0 in taxes per year. The property on 525 Newport Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,085,995. To break that down further, the land itself was valued at $611,564. While improvements to the property were assessed at a total of $474,431. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.