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7103 Verde Way

7103 Verde Way, Naples, FL 34108
Property in Pelican Bay
Sold Mar 14, 2018
$1,725,000
$750,000 by Mortgage Network Inc
Mortgage Due Apr 01, 2051
Sold Dec 08, 2010
$1,690,000
7103 Verde Way 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 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 2005. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7103 Verde Way has 3,787 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 1,653 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 10,890 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 A 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, 7103 Verde Way was last sold in Mar 8, 2018 for $1,725,000. According to our calculations, that's $455.51 per sqft. Prior to that sales transaction, the property was sold for $1,690,000 in Dec 2, 2010. Current property owners are expected to pay $17,674 in taxes per year. The property on 7103 Verde Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,610,181. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: A
  • Construction Type: Masonry
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,653
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,787
  • Gross Building Area: 3,787
  • Building Area: 3,787
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,787
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ISLE VERDE AT PELICAN BAY
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ISLE VERDE AT PELICAN BAY LOT 17 OR 1895 PG 983

Ownership

  • Current Owner : REICH RICHARD M
  • Current Owner 2: REICH CAROLYN M
  • Previous Owner : MORAN LOIS B
  • Owner Before Previous Owner: POLING KATHRYN L
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Collier County School District
  • School Tax School District: DISTRICT 1
  • Census Tract: 010208

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 3A33
  • Subdivision Tract Number: 427600
  • Parcel: 52520000648
  • Lot: 17
  • Meridian: SEC 33 TWN 48 RNG 25
  • Municipality: COUNTY COLLIER
  • Latitude: 26.2441
  • Longitude: -81.8053

    Address

  • Full Address: 7103 Verde Way
  • Address - House Number: 7103
  • Address - Street Name: Verde
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Naples
  • Carrier Code: C008
  • 4-Digit Zip Code: 6517
  • Zip Code: 34108

Valuation

    Tax

  • Total Area: 4,241
  • Tax Year: 2022
  • Tax Amount: $17,674
  • Tax Rate Code Area: 79

    Appraisal Valuation

  • Standard Deviation: 0.2453
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 3,764,287
  • High Value: 4,687,825
  • Low Value: 2,840,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: MORTGAGE NETWORK INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $750,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $2,476,887
  • Market Land Value: $1,242,155
  • Market Improvement Value: $1,234,732

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,610,181

    Sales

  • Current Sale Contract Date: Mar 08, 2018
  • Current Sale Recording Date: Mar 14, 2018
  • Current Sale Transaction ID: 11433610317
  • Current Sale Price: $1,725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5523733
  • Previous Sale Recording Date: Dec 08, 2010
  • Previous Sale Contract Date: Dec 02, 2010
  • Previous Sale Amount: $1,690,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 14, 2018
  • 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 7103 Verde Way located in?
The 7103 Verde Way is a located in the neighborhood of Pelican Bay in North Naples, Naples.
What is the average sales price for listings in 7103 Verde Way?
The average sales price for units in 7103 Verde Way is $0 currently.

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