$480,000
SOLD SEP 8, 2022

11242 Cypress Tree Cir Fort Myers, FL 33913

Gateway Neighborhood
5 Beds
3.5 Baths
2,907 Sq Ft
10,498 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

9% Below List Price

86 Days on Market

Highlights

  • Lake Front
  • Sitting Area In Primary Bedroom
  • Room in yard for a pool
  • Two Primary Bedrooms
  • Floor-to-Ceiling Windows
  • Clubhouse

About This Home

As of September 2022

Lakefront 2-Story home with a great layout, perfect for a large family. The first level is tiled throughout and offers a formal living and dining room, a kitchen with 42” cabinets, stainless steel appliances and Corian countertops, a breakfast nook, a large family room, a den, and a guest bathroom with a door to the outside, perfect for a future pool bath. The 2nd level is finished with wood looking laminate flooring, and consists of 5 bedrooms, 3 full bathrooms plus a laundry room. The spacious master suite overlooks the lake and features crown molding, two walk-in closets with custom shelving and a large master bath. The 2nd bedroom has a private bathroom and a walk-in closet, and the large 3rd bedroom also has a finished walk-in closet. The home has over 2,900 sq. ft. of living area, plus a screened-in lanai, a screened-in front porch, a 3-car garage, and a spacious backyard with plenty of room to add a pool. Cypress Cay offers a community pool and playground and it is located inside of Gateway, a beautiful development with mature landscaping throughout, close to shopping, restaurants, schools, Fort Myers Airport and more.

Last Agent to Sell the Property

Lila Polarski

Sun Realty License #NAPLES-249512277 Listed on: 05/03/2022

Last Buyer's Agent

Olga Novikova

Royal Shell Real Estate, Inc. License #NAPLES-249527589

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,359

Year Built

  • Built in 2004

Lot Details

  • 10,498 Sq Ft Lot
  • Lot Dimensions: 60
  • Lake Front
  • South Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,907 Sq Ft Home
  • 2-Story Property
  • 7 Ceiling Fans
  • Ceiling Fan
  • Single Hung Windows
  • Floor-to-Ceiling Windows
  • Open Floorplan
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • <<selfCleaningOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Pond
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-45-26-26-00000.1370

Community Details

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,359

Year Built

Built in 2004

Lot Details

0

HOA Fees

$120 per month

Parking

3

Listing Details

  • Legal Description: CYPRESS CAY DESC IN PB 71 PGS 5-9 LOT 137
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 7
  • Price Per Sq Ft: 165.12
  • Total Floors: 2
  • Room Count: 13
  • Additional Rooms: Family Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2907
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedroom Description: Master BR Sitting Area, Master BR Upstairs, Split Bedrooms, Two Master Suites
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Room, Family Dining, Living Dining, Formal
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator/Icemaker, Self Cleaning Oven, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Laminate, Tile
  • Floor Plan: Split Bedrooms, 2 Story
  • Interior Amenities: Cable Prewire, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Combo Tub And Shower, Dual Sinks
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Access Road, Paved Road
  • View: Lake
  • Exterior Features: Patio, Pond, Room for Pool, Sprinkler Auto
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 2393090622
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No RV
  • Sub Condo Name: CYPRESS CAY
  • HOA Fees: 120
  • HOA Fee Frequency: Monthly

Association/Amenities

  • Pets: With Approval
  • Development: Gateway
  • Amenities: Clubhouse, Community Pool, Play Area
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Fee Information

  • Application Fee: 150.00

Lot Info

  • Builder Product: No
  • Lot Back: 100
  • Lot Frontage: 60
  • Lot Left: 144
  • Lot Right: 135
  • Lot Unit: 137
  • Section: 8
  • Total Area: 3774
  • Waterfront: Yes
  • Zoning Code: PUD
  • Acres: 0.2410
  • Rear Exposure: South
  • Lot Description: Across From Waterfront, Irregular Shape
  • Lot Dimensions: 60 X 144 X 100 X 135
  • Parcel Number: 08-45-26-26-00000.1370

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 2
  • Min Days Of Lease: 180

Tax Info

  • Tax Description: County Only, Homestead
  • Tax District Type: Community Development District
  • Taxes: 4359.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Aug 25, 2022
Sold by
Vazquez Jorge A
Bought by
Grant Tigran Hrant and Brutian-Grant Asia Romen
Seller's Agent
Lila Polarski
Sun Realty
Buyer's Agent
Olga Novikova
Royal Shell Real Estate, Inc.
List Price
$529,900
Sold Price
$480,000
Premium/Discount to List
-$49,900
-9.42%
Views
2
Current Estimated Value
$477,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,300
Avg. Annual Appreciation
-0.17%
Original Mortgage
$384,000
Outstanding Balance
$354,094
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$123,606

Purchase Details

Listed on
May 28, 2018
Closed on
Jul 13, 2018
Sold by
Mollett Brian C and Mollett Jennifer A
Bought by
Vazquez Jorge A and Whitney Ann C
Seller's Agent
Denny Grimes
Keller Williams Realty Naples
Buyer's Agent
Lila Polarski
Sun Realty
List Price
$309,800
Sold Price
$305,000
Premium/Discount to List
-$4,800
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$299,475
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2005
Sold by
Beazer Homes Corp
Bought by
Mollett Brian C and Mollett Jennifer A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $480,000 --
Warranty Deed $305,000 Attorney
Special Warranty Deed -- Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Previous Owner $299,475 FHA
Previous Owner $238,400 New Conventional
Previous Owner $246,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $480,000 -4.0% $165 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
06/18/2022 06/18/22 Price Changed $499,900 -3.8% $172 / Sq Ft
05/27/2022 05/27/22 Price Changed $519,900 -1.9% $179 / Sq Ft
05/03/2022 05/03/22 For Sale $529,900 +73.7% $182 / Sq Ft
07/13/2018 07/13/18 Sold $305,000 -1.5% $105 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
05/28/2018 05/28/18 For Sale $309,800 -- $107 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,888 $391,865 -- --
2023 $5,888 $380,451 $177,356 $203,095
2022 $4,472 $274,948 $0 $0
2021 $4,359 $273,117 $62,350 $210,767
2020 $4,390 $263,254 $61,030 $202,224
2019 $4,262 $257,592 $60,500 $197,092
2018 $3,240 $167,390 $0 $0
2017 $3,149 $163,947 $0 $0
2016 $3,045 $229,989 $54,000 $175,989
2015 $3,005 $215,512 $52,000 $163,512
2014 -- $201,216 $41,000 $160,216
2013 -- $187,911 $33,000 $154,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222033833

Naples Area Board of REALTORS®

APN: 08-45-26-26-00000.1370