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702 Arbor Lake Drive

702 Arbor Lake Drive, Naples, FL 34110
Property in Arbor Trace
Sold Mar 19, 2018
$320,000
$256,000 by American Airlines Fcu
Mortgage Due Apr 01, 2048
Sold Jul 14, 2008
$250,000
702 Arbor Lake Drive in Naples, FL was first built in 1991 and is 33 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. 702 Arbor Lake Drive has 1,250 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.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C+. 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, 702 Arbor Lake Drive sold most recently in Mar 16, 2018 for a total of $320,000. If you work out the math, that's approximately a cost of $256.00 per sqft. Before that, the property was also sold for $250,000 in Jul 3, 2008. 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 $2,037 in taxes each year. 702 Arbor Lake Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $211,949. 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. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C+
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,250
  • Gross Building Area: 1,250
  • Building Area: 1,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARBOR TRACE A CONDOMINIUM
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ARBOR TRACE A CONDOMINIUM 7-103

Ownership

  • Current Owner : WALLACE ROBERT M
  • Current Owner 2: WALLACE KATHLEEN
  • Previous Owner : FLOUNLACKER PAUL E
  • Previous Owner 2: THE ZEFFFERT FAMILY TRUST
  • Owner Before Previous Owner: LAURIE CHARLES R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010113

Geography

  • Assessors Map Reference: 3A08
  • Subdivision Tract Number: 166900
  • Parcel: 22350003625
  • Block: 7
  • Lot: 103
  • Meridian: SEC 8 TWN 48 RNG 25
  • Municipality: COUNTY COLLIER
  • Latitude: 26.3022
  • Longitude: -81.8209

    Address

  • Full Address: 702 Arbor Lake Dr
  • Address - House Number: 702
  • Address - Street Name: Arbor Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Naples
  • Carrier Code: R124
  • 4-Digit Zip Code: 8086
  • Zip Code: 34110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,037
  • Tax Rate Code Area: 143

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 66
  • Final Value: 469,789
  • High Value: 581,091
  • Low Value: 358,487

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $256,000
  • First Open Lien Mortgage Lender: AMERICAN AIRLINES FCU
  • First Open Lien Mortgage Recording Date: Mar 19, 2018
  • First Open Lien Mortgage Loan Amount: $256,000
  • 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: Apr 01, 2048

    Market Valuation

  • Market Total Value: $216,366
  • Market Improvement Value: $216,366

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $211,949

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 16, 2018
  • Current Sale Recording Date: Mar 19, 2018
  • Current Sale Transaction ID: 11434866186
  • Current Sale Price: $320,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 5525652
  • Previous Sale Recording Date: Jul 14, 2008
  • Previous Sale Contract Date: Jul 03, 2008
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN AIRLINES FCU
  • First Mortgage Transaction Date: Mar 19, 2018
  • First Mortgage Loan Amount: $256,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

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Frequently Asked Questions

What neighborhood is 702 Arbor Lake Drive located in?
The 702 Arbor Lake Drive is a located in the neighborhood of Arbor Trace in North Naples, Naples.
What is the average sales price for listings in 702 Arbor Lake Drive?
The average sales price for units in 702 Arbor Lake Drive is $0 currently.

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