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8748 Madrid Circle

8748 Madrid Circle, Naples, FL 34104
Sold Mar 21, 2023
$505,000
$449,000 by Suncoast Credit Union
Mortgage Due Apr 01, 2053
Sold Jan 06, 2020
$329,979
8748 Madrid Circle in Naples, FL was first built in 2018 and is 6 years old. This has been categorized as a residential property type. There are a total of 2 floors. 8748 Madrid Circle has 847 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 3,920 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 masonry control joints. 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, 8748 Madrid Circle sold most recently in Mar 17, 2023 for a total of $505,000. If you work out the math, that's approximately a cost of $596.22 per sqft. Before that, the property was also sold for $329,979 in Dec 18, 2019. 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 $5,623 in taxes each year. The initial year of tax delinquency occurred in 2021. 8748 Madrid Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $306,757. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Frontage Feet: 420
  • Total Building Area: 847
  • Gross Building Area: 847
  • Building Area: 847
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 847
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FRONTERRA PHASE 1
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FRONTERRA PHASE 1 LOT 65

Ownership

  • Current Owner : WILTSIE TYLER GREGORY
  • Current Owner 2: WILTSIE KIYAH DEZARAE
  • Previous Owner : BEACH REALTY INVESTMENT LLC
  • Owner Before Previous Owner: CCC FRONTERRA LLC
  • 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: 010511

Geography

  • Assessors Map Reference: 4B34
  • Subdivision Phase Number: 1
  • Parcel: 34550001622
  • Lot: 65
  • Meridian: SEC 34 TWN 49 RNG 26
  • Municipality: COUNTY COLLIER
  • Latitude: 26.1574
  • Longitude: -81.6921

    Address

  • Full Address: 8748 Madrid Cir
  • Address - House Number: 8748
  • Address - Street Name: Madrid
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Naples
  • Carrier Code: C092
  • 4-Digit Zip Code: 6225
  • Zip Code: 34104

Valuation

    Tax

  • Total Area: 1,803
  • Tax Year: 2022
  • Tax Amount: $5,623
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 31

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 544,646
  • High Value: 660,247
  • Low Value: 429,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $449,000
  • First Open Lien Mortgage Lender: SUNCOAST CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 21, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $449,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $359,096
  • Market Land Value: $54,772
  • Market Improvement Value: $304,324

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $306,757

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 21, 2023
  • Current Sale Transaction ID: 11904095560
  • Current Sale Price: $505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6378076
  • Previous Sale Recording Date: Jan 06, 2020
  • Previous Sale Contract Date: Dec 18, 2019
  • Previous Sale Amount: $329,979
  • Previous Sale Document Type: Correction Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNCOAST CREDIT UNION
  • First Mortgage Transaction Date: Mar 21, 2023
  • First Mortgage Loan Amount: $449,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Golden Gate



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Frequently Asked Questions

What neighborhood is 8748 Madrid Circle located in?
The 8748 Madrid Circle is a house located in the neighborhood of East Gateway in Golden Gate, Naples.
What is the average sales price for listings in 8748 Madrid Circle?
The average sales price for units in 8748 Madrid Circle is $0 currently.

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