NOT LISTED FOR SALE

11318 Lake Cypress Loop Fort Myers, FL 33913

Gateway Neighborhood

Estimated Value: $424,000 - $528,000

5 Beds
3.5 Baths
3,256 Sq Ft
$146/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $490,000 $150 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,267/month

74 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Breakfast Area or Nook
  • Formal Dining Room
  • Community Pool
  • Walk-In Pantry
  • Balcony

About This Home

As of October 2022

Plenty of Room for everyone to spread out and RELAX. Perfect for a growing or multi-generational family. This 3,256 sq' home boasts both Quality & Quantity. Let's start with all the updates, NEW ROOF, Newer HVAC units (one is a couple years old and the other just a few months old). TONS of Crown Molding throughout this spacious residence. Freshly Painted, New toilets & Faucets. Large Kitchen has abundant solid surface countertops and raised bar, stainless steel appliances and walk-in pantry. Master Bedroom is enormous, has 2 walk-in closets and located on the FIRST FLOOR!! Master Bath has luxurious walk-in shower, updated w/ gorgeous tile & rain showerhead. Shower is easy access (zero barrier), dual sinks, private water closet and Soaking Tub. 5 BR home (the 5th bedroom space is currently used as extra space in the upstairs BONUS ROOM, has it's own closet and can easily be used as a private BR if needed). Upstairs is amazing with a peaceful balcony, 3 BR, 2 Full baths along with super-sized Great Room. 1st Floor has Flex space, anchored with stately pillars, can be used for Dining Room, Sitting Room, Office, Play Room, Home School (very versatile). . Move-in Ready, Call today.

Last Listed By

MJ Lattig

Alliance Realty Group License #258016893 Listed on: 08/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 2003

Lot Details

  • 9,540 Sq Ft Lot
  • South Facing Home
  • Rectangular Lot
  • Property is zoned PUD

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,256 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Balcony
  • Screened Patio
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 08-45-26-26-00000.0040

Community Details

Overview

  • Association fees include recreation facilities, street lights
  • Association Phone (239) 309-0622
  • Cypress Cay Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,651

Year Built

Built in 2003

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.219
  • Ownership: Single Family
  • Subdivision Name: CYPRESS CAY
  • Directions: Griffin to Cypress Cay, right on Lake Cypress Loop, House is on your right.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2003
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Breakfast Area, Bathtub, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Handicap Access, Main Level Master, Pantry, Separate Shower, Cable TV, Walk-In Pantry, Walk-In Closet(s), Central Vacuum
  • Living Area: 3256.0
  • Stories: 2
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Balcony, 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: Inside
  • Security: Security System Owned, Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights
  • Amenities: Pool
  • Association #2 Fee: 120.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 2393090622
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Recreation Facilities, Street Lights

Lot Info

  • Parcel #: 08-45-26-26-00000.0040
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 30

Tax Info

  • Tax Annual Amount: 4651.2
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Oct 26, 2022
Sold by
Chavolla Jose Luis and Chavolla Irene
Bought by
Telusnord Sonia
Seller's Agent
MJ Lattig
Alliance Realty Group
Buyer's Agent
Javier Rodriguez
White Sands Realty
List Price
$510,000
Sold Price
$490,000
Premium/Discount to List
-$20,000
-3.92%
Total Days on Market
74
Current Estimated Value
$475,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,533
Avg. Annual Appreciation
0.81%
Original Mortgage
$428,041
Outstanding Balance
$417,658
Interest Rate
6.7%
Mortgage Type
FHA
Estimated Equity
$82,500

Purchase Details

Listed on
Aug 30, 2018
Closed on
Aug 24, 2018
Sold by
Warfleet Gatewy Llc
Bought by
Chavolla Jose Luis and Chavolla Irene
Seller's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
Buyer's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%
Original Mortgage
$224,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2014
Closed on
Feb 13, 2015
Sold by
Rendon Alexander and Rendon Yaneth
Bought by
Warfleet Gateway Llc
Seller's Agent
Griselle Pratts
MVP Realty Associates LLC
Buyer's Agent
Stephen Petty
VIP Realty Group Inc
List Price
$279,500
Sold Price
$227,000
Premium/Discount to List
-$52,500
-18.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Aug 5, 2010
Sold by
Patel Manoj and Patel Rinaben H
Bought by
Rendon Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,475
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 2, 2005
Sold by
Patel Manoj
Bought by
Patel Manoj and Patel Rinaben H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.39%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 29, 2003
Sold by
Beazer Homes Corp
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
$237,450
Interest Rate
6.32%

Purchase Details

Closed on
Oct 31, 2002
Sold by
Cypress Cay Dev Co L L C
Bought by
Beazer Homes Corp

Range of Values:

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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
Telusnord Sonia $490,000 Landsel Title
Chavolla Jose Luis $280,000 Coastal Title Services
Warfleet Gateway Llc $227,000 Marketplace Title
Rendon Alexander $190,000 5 Star Title Group Inc
Patel Manoj -- Strategic Title Services Inc
Patel Manoj $250,000 --
Beazer Homes Corp $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Telusnord Sonia $428,041
Previous Owner Chavolla Jose Luis $224,000
Previous Owner Rendon Alexander $187,475
Previous Owner Patel Manoj $305,000
Previous Owner Patel Manoj $237,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $490,000 -3.9% $150 / Sq Ft
10/17/2022 10/17/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $510,000 +82.1% $157 / Sq Ft
08/30/2018 08/30/18 Sold $280,000 0.0% $86 / Sq Ft
08/30/2018 08/30/18 Sold $280,000 -8.2% $86 / Sq Ft
08/30/2018 08/30/18 For Sale $305,000 0.0% $94 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $305,000 +34.4% $94 / Sq Ft
02/13/2015 02/13/15 Sold $227,000 -18.8% $70 / Sq Ft
01/14/2015 01/14/15 Pending -- -- --
10/26/2014 10/26/14 For Sale $279,500 -- $86 / 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
2024 $6,126 $388,118 $169,512 $214,614
2023 $6,126 $397,987 $155,403 $242,584
2022 $5,447 $283,402 $0 $0
2021 $4,651 $257,638 $59,220 $198,418
2020 $4,605 $247,907 $57,990 $189,917
2019 $4,436 $243,049 $55,000 $188,049
2018 $4,523 $246,283 $55,000 $191,283
2017 $4,754 $238,220 $49,000 $189,220
2016 $4,602 $229,845 $49,000 $180,845
2015 $4,350 $217,800 $47,000 $170,800
2014 -- $202,586 $36,000 $166,586
2013 -- $185,969 $30,000 $155,969
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222058066

Florida Gulf Coast Multiple Listing Service

APN: 08-45-26-26-00000.0040