NOT LISTED FOR SALE

116 Cypress Way E Unit G5 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $257,057 - $275,000

2 Beds
2 Baths
1,390 Sq Ft
1983 Built

Sale Details

Date Sold: March 20, 2020

Last sale price $188,000 $135 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,003 / mo

58 Days on Market

Highlights

  • Wood Flooring
  • Great Room
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Screened Porch
  • Meeting Room

About This Home

As of March 2020

Convenient North Naples location. Only minutes to a hospital, restaurants, shopping, beaches, I-75 and La Playa Golf course. AC and water heater replaced 1 1/2 years ago. Totally renovated 2 bedroom, 2 bath second floor unit with porcelain tile flooring and updated appliances. Year round heated pool just a few steps from your front door. Storage unit on the ground floor for easy storage of bikes and more. 2 screened-in lanais, 1 carport space and 1 guest parking space. Quiet community in a great location!

Last Agent to Sell the Property

Joanne Mayer

Downing Frye Realty Inc. Listed on: 12/11/2019

Downing Frye Realty Inc.

Co-Listed By

Bill Archer

Keller Williams Realty Naples

Last Buyer's Agent

Jennifer DeFrancesco

Coldwell Banker Realty

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1983

Lot Details

  • West Facing Home
  • Landscaped

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,390 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Casement Windows
  • Great Room
  • Family or Dining Combination
  • Screened Porch
  • Storage
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Guest Parking
  • Deeded Parking

Schools

  • Veterans Memorial El Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 73331640001

Community Details

Overview

  • 8 Units
  • Low-Rise Community
  • Sharondale Condos

Amenities

  • Meeting Room

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,447

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

HOA Fees

$400 per month

Listing Details

  • Legal Description: SHARONDALE CONDOMINIUM OF PALM RIVER, THE BLDG G-5
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27393$-81.77056399999998$20.86$13.33$1.00$CAoSLEFGMVFpcE5hWUdUelV3SEEwZlFNSkR5Mk45MXQtcmpTMjNWYXBlN2lsMDRT
  • Building Design: Low Rise (1-3)
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 135.25
  • Total Floors: 2
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1390
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Family Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer
  • Flooring: Wood
  • Floor Plan: Great Room
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Pantry
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Casement

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • View: Landscaped Area
  • Exterior Features: Storage
  • Exterior Finish: Stucco

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: No
  • Restrictions: Deeded, Limited Number Vehicles, No Commercial, No RV
  • Sub Condo Name: SHARONDALE
  • Condo Fees: 1200
  • Condo Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Trash Removal

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Weight: 25
  • Development: Palm River
  • Amenities: Community Pool, Community Room
  • Community Type: Non-Gated
  • Units In Building: 8
  • Total Number of Units: 42

Schools

  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: Yes
  • Section: 23
  • Total Area: 1390
  • Waterfront: No
  • Rear Exposure: West
  • Parcel Number: 73331640001

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 1447.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2019
Closed on
Mar 20, 2020
Sold by
Bought by
Seller's Agent
Joanne Mayer
Downing Frye Realty Inc.
Buyer's Agent
Jennifer DeFrancesco
Coldwell Banker Realty
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Current Estimated Value
$263,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,264
Avg. Annual Appreciation
5.54%
Original Mortgage
$182,360
Outstanding Balance
$159,935
Interest Rate
3%
Mortgage Type
Closed End Mortgage
Estimated Equity
$103,329

Purchase Details

Closed on
Nov 29, 2011
Sold by
Bought by

Purchase Details

Closed on
May 15, 2001
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$188,000 Attorney
$89,000 Sunbelt Title Agency
$88,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $182,360
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $188,000 -3.6% $135 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
12/11/2019 12/11/19 For Sale $195,000 -- $140 / Sq Ft
Source: Naples Area Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,213 $210,508 -- --
2024 $2,152 $191,371 -- --
2023 $2,152 $173,974 $0 $0
2022 $1,878 $158,158 $0 $0
2021 $1,589 $143,780 $0 $143,780
2020 $1,483 $135,440 $0 $135,440
2019 $1,449 $131,270 $0 $131,270
2018 $1,447 $131,270 $0 $131,270
2017 $1,410 $120,454 $0 $0
2016 $1,311 $109,504 $0 $0
2015 $1,163 $99,549 $0 $0
2014 -- $90,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joanne Mayer

    Seller's Agent in 2020

    Joanne Mayer

    Downing Frye Realty Inc.

    (239) 595-9115

    6 Total Sales

    Joanne Mayer
    Section Image
  • Bill Archer

    Seller Co-Listing Agent in 2020

    Bill Archer

    Keller Williams Realty Naples

    (239) 324-9845

    168 Total Sales

    Bill Archer
    Section Image
  • Jennifer DeFrancesco

    Buyer's Agent in 2020

    Jennifer DeFrancesco

    Coldwell Banker Realty

    (239) 537-2080

    2 in this area

    186 Total Sales

    Jennifer DeFrancesco
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219077462

Naples Area Board of REALTORS®

APN: 73331640001

Florida Collier County Naples 34110 Palm River Estates

116 Cypress Way E Unit G5, Naples, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 M.L.S. of Naples, Inc. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.

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