NOT LISTED FOR SALE

11312 Lake Cypress Loop Fort Myers, FL 33913

Gateway Neighborhood

Estimated Value: $385,000 - $429,000

5 Beds
2 Baths
1,943 Sq Ft
$210/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $214,000 $110 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,658/month

50 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Bathtub
  • Porch
  • Built-In Features
  • Screened Patio

About This Home

As of October 2015

Looking for a spacious 5 bedroom home? Then this is it!! This beautiful home boasts over 1900 SqFt with no wasted living space. Very livable floor-plan with a very spacious living area, kitchen, and dining - room. This home has very high ceilings which gives it a sense of grandeur. The master bedroom is over sized with a large walking closet and the master bath is stunning-with dual sinks, garden tub, and separate shower. The oversized screened in Lanai is very private- looking over your beautifully landscaped yard. Cypress Cay is a very quaint, established neighborhood in Gateway. Be centrally located to shopping, restaurants, and some of the top schools in the area. We highly suggest you scheduling your appointment to view this home. At this price - it will not last long.

Last Agent to Sell the Property

Melissa Flexsenhar

Cornerstone Coastal Properties License #258004546 Listed on: 08/03/2015

Co-Listed By

Erik Leitzes

Cornerstone Coastal Properties License #258010006

Last Buyer's Agent

Libby Fekette

Royal Shell Real Estate, Inc. License #258021041

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 58 x 140 x 96 x 159
  • East Facing Home
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,943 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Separate Shower

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 08-45-26-26-00000.0030

Community Details

Overview

  • Association fees include irrigation water, legal/accounting, street lights
  • Association Phone (239) 561-1313
  • Cypress Cay Subdivision

Recreation

  • Community Playground
  • Community Pool
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,247

Year Built

Built in 2003

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 58 x 140 x 96 x 159
  • Road Surface Type: Paved
  • Co List Office Mls Id: FCCP
  • Co List Office Phone: (239) 989-0111
  • Ownership: Single Family
  • Subdivision Name: CYPRESS CAY
  • Directions: Daniels Parkway to left on Gateway Blvd. to right on Griffin to right on Cypress Cay
Seller disclosure, CDD, hoa and Association application have been attached to the listing.
Gateway Services CDD $683.16 year
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Breakfast Bar, Built-in Features, Bathtub, Living/Dining Room, Main Level Master, See Remarks, Separate Shower
  • Living Area: 1943.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Room For Pool
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: See Remarks
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Dog Park, Playground, Pool, Trail(s)
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Phone: 239-561-1313
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Irrigation Water, Legal/Accounting, Street Lights

Lot Info

  • Parcel #: 08-45-26-26-00000.0030
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3247.0
  • Tax Lot: 3
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 23, 2015
Sold by
Land Kimberly and Boyle Kimberly
Bought by
Bass Jonathan D
Seller's Agent
Melissa Flexsenhar
Cornerstone Coastal Properties
Buyer's Agent
Libby Fekette
Royal Shell Real Estate, Inc.
List Price
$219,000
Sold Price
$214,000
Premium/Discount to List
-$5,000
-2.28%
Current Estimated Value
$407,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,661
Avg. Annual Appreciation
6.67%
Original Mortgage
$209,142
Outstanding Balance
$166,588
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$241,073

Purchase Details

Closed on
Sep 23, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Land Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,464
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2009
Sold by
Patel Manoj and Patel Rina
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 16, 2005
Sold by
Patel Rajesh and Patel Sajhal
Bought by
Patel Manoj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
9.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 14, 2003
Sold by
Beazer Homes Corp
Bought by
Patel Rajesh and Patel Sajhal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,050
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bass Jonathan D $213,000 Old Florida Title
Land Kimberly $140,000 Attorney
Deutsche Bank National Trust Company $3,000 Attorney
Patel Manoj $325,000 Strategic Title Services Inc
Patel Rajesh $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bass Jonathan D $209,142
Previous Owner Land Kimberly $137,464
Previous Owner Patel Manoj $276,250
Previous Owner Patel Rajesh $159,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2015 10/23/15 Sold $214,000 -2.3% $110 / Sq Ft
09/23/2015 09/23/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $219,000 -- $113 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2025 $5,048 $279,880 $80,451 $188,982
2024 $4,811 $303,573 $197,150 $100,313
2023 $4,811 $301,224 $0 $0
2022 $4,712 $292,450 $181,402 $111,048
2021 $3,930 $206,814 $68,072 $138,742
2020 $3,898 $199,447 $57,990 $141,457
2019 $3,778 $194,596 $55,000 $139,596
2018 $4,145 $197,849 $55,000 $142,849
2017 $4,008 $189,745 $49,000 $140,745
2016 $3,787 $177,911 $49,000 $128,911
2015 $3,581 $171,398 $47,000 $124,398
2014 $3,247 $157,300 $36,000 $121,300
2013 -- $142,303 $30,000 $112,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215043672

Florida Gulf Coast Multiple Listing Service

APN: 08-45-26-26-00000.0030