NOT LISTED FOR SALE

11493 Lake Cypress Loop Fort Myers, FL 33913

Gateway Neighborhood

Estimated Value: $414,000 - $505,000

4 Beds
2.5 Baths
2,911 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $275,000 $94 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,025/month

49 Days on Market

Highlights

  • Lake Front
  • Sitting Area In Primary Bedroom
  • Screened Porch
  • Community Cabanas
  • Floor-to-Ceiling Windows
  • Home Office

About This Home

As of October 2020

Lakefront Home nestled in the quiet community of Cypress Cay in Gateway! This spacious Two-Story, freshly painted exterior Home, offers a great open floor plan with almost 3,000 sq. ft. of living space. The 4 large Bedrooms, 2.5 Baths, Main Floor Office and 2nd Story Laundry Room, make this home perfect for a growing family. You will love owning one of the largest lots in the community, offering expansive Lake views that can be enjoyed while relaxing on your undercover screened Lanai and there is plenty of room to add your own custom pool. Storage is made easy with expansive closets throughout and a 3rd Car Garage which offers a separated project area. Cypress Cay features great amenities including a Community Pool, Playground Area and well-maintained Common Grounds which are all included as part of the low HOA fee under $100 per month. This Home is located in walking/biking distance to Schools, Parks, Restaurants and Services, in addition to being close to I-75, RSW Airport and Gulf Beaches.

Last Listed By

Scott Lay

Keller Williams Elite Realty License #BEAR-3461669 Listed on: 07/01/2020

Keller Williams Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,605

Year Built

  • Built in 2003

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions: 130
  • Lake Front
  • West Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $99 Monthly HOA Fees

Parking

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

Home Design

  • Concrete Block With Brick
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,911 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Floor-to-Ceiling Windows
  • Family or Dining Combination
  • Home Office
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Room in yard for a pool

Schools

  • School Choice Elementary And Middle School
  • School Choice High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 08-45-26-26-00000.0500
  • $7,000 Seller Concession

Community Details

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,605

Year Built

Built in 2003

Lot Details

0

HOA Fees

$99 per month

Parking

3

Listing Details

  • Legal Description: CYPRESS CAY DESC IN PB 71 PGS 5-9 LOT 50
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 94.47
  • Total Floors: 2
  • Additional Rooms: Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2911
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Sitting Area, Master BR Upstairs
  • Bedrooms: 4+Den
  • Total Bedrooms: 4
  • Dining Room: Breakfast Bar, Family Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Washer
  • Flooring: Carpet, Laminate, Tile
  • Floor Plan: 2 Story
  • Interior Amenities: Cable Prewire, Smoke Detectors
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

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

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: 2+ Spaces, Driveway Paved

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-561-5770
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: CYPRESS CAY
  • Maintenance: Irrigation Water, Legal/Accounting, Manager, Street Lights, Street Maintenance
  • Master Hoa Fee: 98.75
  • Master HOA Fee Frequency: Monthly

Association/Amenities

  • Pets: With Approval
  • Development: Gateway
  • Amenities: Cabana, Community Park, Community Pool, Play Area, Underground Utility
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 180

Fee Information

  • Application Fee: 100.00

Schools

  • Elementary School: SCHOOL CHOICE
  • Middle School: SCHOOL CHOICE
  • High School: SCHOOL CHOICE
  • Elementary School: School Choice
  • High School: School Choice
  • Middle School: School Choice

Lot Info

  • Builder Product: No
  • Lot Back: 33
  • Lot Frontage: 130
  • Lot Left: 145
  • Lot Right: 145
  • Lot Unit: 50
  • Section: 8
  • Total Area: 3776
  • Waterfront: Yes
  • Zoning Code: PUD
  • Acres: 0.2720
  • Rear Exposure: West
  • Lot Description: Irregular Shape
  • Lot Dimensions: 130 X 145 X 33 X 145
  • Parcel Number: 08-45-26-26-00000.0500

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: 3605.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2020
Sold by
Miller Matthew P and Shimatzki Miller Lisa
Bought by
Naikpay Khair Mohammad and Naikpay Zakira
Total Days on Market
49
Current Estimated Value
$459,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,821
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Miller Matthew P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.58%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 29, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 16, 2011
Sold by
Commisso Luis A
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Jan 30, 2004
Sold by
Beazer Homes Corp
Bought by
Commisso Luis A and Commisso Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
3.55%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2003
Sold by
Cypress Cay Dev Co L L C
Bought by
Beazer Homes Corp

Range of Values:

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Average Value
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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
Naikpay Khair Mohammad $275,000 Us Patriot Title Llc
Miller Matthew P $180,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Suntrust Mortgage Inc -- None Available
Commisso Luis A $251,600 Lawyers Title Ins
Beazer Homes Corp $216,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naikpay Khair Mohammad $265,821
Previous Owner Miller Matthew P $100,000
Previous Owner Miller Matthew P $126,000
Previous Owner Commisso Luis A $340,000
Previous Owner Commisso Luis A $55,000
Previous Owner Commisso Luis A $18,000
Previous Owner Commisso Luis A $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $275,000 +0.2% $94 / Sq Ft
08/19/2020 08/19/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $274,495 -- $94 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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 $4,563 $291,540 -- --
2023 $4,563 $283,049 $0 $0
2022 $4,470 $274,805 $0 $0
2021 $4,357 $266,801 $62,350 $204,451
2020 $3,727 $217,829 $0 $0
2019 $3,605 $212,932 $0 $0
2018 $3,862 $208,962 $0 $0
2017 $3,776 $204,664 $0 $0
2016 $3,670 $228,175 $54,000 $174,175
2015 $3,643 $211,494 $52,000 $159,494
2014 $3,490 $197,481 $41,000 $156,481
2013 -- $186,911 $33,000 $153,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 220040359

Multiple Listing Service of Bonita Springs-Estero

APN: 08-45-26-26-00000.0500