NOT LISTED FOR SALE

11531 Lake Cypress Loop Fort Myers, FL 33913

Gateway Neighborhood

Estimated Value: $398,352 - $434,000

4 Beds
2 Baths
1,923 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 26, 2015

Last sale price $218,000 $113 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $2,700/month

12 Days on Market

Highlights

  • Lake View
  • Florida Architecture
  • High Ceiling
  • Private Membership Available
  • Attic
  • Community Pool

About This Home

As of March 2015

This is a beautifully maintained lakefront home with 4 bedrooms, 2 baths and a 2 car garage in a delightful neighborhood in Gateway which has its own private pool and playground. You will notice the great curb appeal as you enter the new custom front door into the bright, comfortable formal and living areas. The kitchen features wood cabinetry, solid surface countertops, newer upscale appliances and is wide open to the family room and the informal dining area. The master suite is large and spacious with walk-in closet, separate soaking tub & shower, dual sinks, wood cabinetry & solid surface countertops. There is a separate room off the master that can be the 4th bedroom or an office/den/playroom. The home has a newer a/c with special filter and u-v lights to protect the allergy sensitive. The lanai is extended and offer total privacy with remarkable lake views for watching all the Florida wildlife. There is even a brick paver patio just waiting for you to grill delicious meals on and entertain. THIS IS A REAL GEM!!!!!!

Last Listed By

Sandra A. Bozzuto

Royal Shell Real Estate, Inc. License #280500180 Listed on: 02/11/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,483

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • East Facing Home
  • Rectangular Lot
  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Florida Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,923 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Open Floorplan
  • Formal Dining Room
  • Lake Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 08-45-26-26-00000.0450

Community Details

Overview

  • Association fees include management, recreation facilities
  • Private Membership Available
  • Association Phone (239) 561-1313
  • Cypress Cay Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa
  • Park
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,483

Year Built

Built in 2004

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Ownership: Single Family
  • Subdivision Name: CYPRESS CAY
  • Directions: Gateway Blvd., to Griffin to Cypress Cay on right, make left on Cypress Loop, house on right.
  • Architectural Style: Florida, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Interior Amenities: Attic, Bathtub, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, High Ceilings, High Speed Internet, Living/Dining Room, Pantry, Pull Down Attic Stairs, Separate Shower, Cable TV, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1923.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation
  • 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, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • 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, Street Lights
  • Amenities: Dog Park, Barbecue, Picnic Area, Playground, Park, Private Membership, Pool, Spa/Hot Tub, Sidewalks, Trail(s)
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Phone: 239-561-1313
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Recreation Facilities

Lot Info

  • Parcel #: 08-45-26-26-00000.0450
  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2483.0
  • Tax Lot: 45
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 26, 2015
Sold by
Potts Heather L and Potts Michael A
Bought by
Hamilton Mark P and Nunn Jeffrey T
Seller's Agent
Sandra A. Bozzuto
Royal Shell Real Estate, Inc.
Buyer's Agent
Terry Van Eman
Berkshire Hathaway Florida
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Total Days on Market
12
Current Estimated Value
$417,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,838
Avg. Annual Appreciation
6.63%
Original Mortgage
$174,400
Outstanding Balance
$136,886
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$280,952

Purchase Details

Closed on
Apr 5, 2011
Sold by
Federal National Mortgage Association
Bought by
Potts Heather L and Potts Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,451
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 7, 2010
Sold by
Balzarini Randall R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2006
Sold by
Balzarini Randy and Morris Theresa
Bought by
Balzarini Randy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2004
Sold by
Beazer Homes Corp
Bought by
Balzarini Randy and Morris Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,165
Interest Rate
4.62%
Mortgage Type
Unknown

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
Hamilton Mark P $218,000 Title Specialists Of The Gul
Potts Heather L $140,000 Attorney
Federal National Mortgage Association -- None Available
Balzarini Randy -- Global First Title Inc
Balzarini Randy $241,300 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Mark P $174,400
Closed Hamilton Mark P $174,400
Previous Owner Potts Heather L $136,451
Previous Owner Balzarini Randall R $292,500
Previous Owner Balzarini Randy $217,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $218,000 -3.1% $113 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $225,000 -- $117 / 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 $3,702 $226,265 -- --
2023 $3,702 $219,675 $0 $0
2022 $3,626 $213,277 $0 $0
2021 $3,509 $219,196 $62,350 $156,846
2020 $3,528 $204,206 $0 $0
2019 $3,409 $199,615 $0 $0
2018 $3,666 $195,893 $0 $0
2017 $3,579 $191,864 $0 $0
2016 $3,473 $187,918 $54,000 $133,918
2015 $2,626 $180,706 $52,000 $128,706
2014 -- $169,790 $41,000 $128,790
2013 -- $148,490 $33,000 $115,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215010206

Florida Gulf Coast Multiple Listing Service

APN: 08-45-26-26-00000.0450