$140,000
SOLD SEP 30, 2019

130 Cypress Way E Unit 105 Naples, FL 34110

Palm River Estates Neighborhood
2 Beds
2 Baths
1,064 Sq Ft
$250/mo HOA Fee

Recently Sold

$132 Per Sq Ft

12% Below List Price

112 Days on Market

Highlights

  • Penthouse
  • Screened Porch
  • Concrete Block With Brick
  • Veterans Memorial Elementary School Rated A
  • Community Pool
  • Patio

About This Home

As of August 2021

Great North Naples location! Investment opportunity! The annual lease has expired and on a month to month but the tenant would like to stay. Currently leased at $1175, but most units in Naples Keep rent quickly at $1400.
2 bedroom/2 bath. Excellent condition. Popular school districts. Close to shopping and minutes to the beach.
One of the few opportunities to own in North Naples at this price!!

Last Agent to Sell the Property

Kristi Castle

Gulf Breeze Real Estate LC License #NAPLES-249511866 Listed on: 04/24/2019

Last Buyer's Agent

Eva Carmody

Realty One Group MVP License #NAPLES-249522034

Realty One Group MVP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1988

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Penthouse
  • Concrete Block With Brick
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Double Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

Parking

  • 1 Parking Garage 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

Additional Features

  • Patio
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 62015000101

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Naples Keep Condos

Recreation

  • Community Pool

Pet Policy

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

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,238

Year Built

Built in 1988

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Legal Description: NAPLES KEEP A CONDOMINIUM UNIT 105
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27494$-81.771074$116.43$13.33$1.00$EVy4QNR7X-C1ltOjxawwOw
  • Building Design: Low Rise (1-3)
  • Building Description: Penthouse
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 131.58
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1064
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer/Dryer Hookup
  • Flooring: Tile
  • Floor Plan: Other
  • Interior Amenities: Cable Prewire, Smoke Detectors
  • Primary Bathroom: Shower Only
  • Windows: Double Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Exterior Features: Patio
  • Exterior Finish: Wood Siding

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-404-2814
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: NAPLES KEEP
  • Condo Fees: 750
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Weight: 25
  • Development: Palm River
  • Amenities: Community Pool, Community Room, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 8
  • Total Number of Units: 100

Fee Information

  • Application Fee: 170.00

Schools

  • Elementary School: VETERANS MEMORIAL EL
  • Middle School: NORTH NAPLES MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 105
  • Section: 23
  • Total Area: 1115
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Zero Lot Line
  • Parcel Number: 62015000101

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 1238.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 10, 2021
Sold by
Garcia Ysmael Jose and Williams Cynthia Rae
Bought by
Galazka Gavin
Seller's Agent
Eva Carmody
Realty One Group MVP
Buyer's Agent
James McGilvrey
Waterfront Realty Group Inc
List Price
$195,000
Sold Price
$205,000
Premium/Discount to List
$10,000
5.13%
Total Days on Market
112
Current Estimated Value
$271,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,603
Avg. Annual Appreciation
7.66%
Original Mortgage
$153,750
Outstanding Balance
$140,813
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$130,790

Purchase Details

Listed on
Apr 24, 2019
Closed on
Sep 4, 2019
Sold by
Choquette Shelley A
Bought by
Garcia Ysmael Jose and Williams Cynthia Rae
Seller's Agent
Kristi Castle
Gulf Breeze Real Estate LC
Buyer's Agent
Eva Carmody
Realty One Group MVP
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.49%
Original Mortgage
$112,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2002
Sold by
Falkenstein John W and Falkenstein Josephine M
Bought by
Choquette Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,600
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $205,000 None Available
Warranty Deed $140,000 Tropical Title
Warranty Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $47,000 Credit Line Revolving
Open $153,750 New Conventional
Previous Owner $112,000 New Conventional
Previous Owner $88,200 Unknown
Previous Owner $73,000 Negative Amortization
Previous Owner $69,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $205,000 +5.1% $193 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $195,000 +39.3% $183 / Sq Ft
09/30/2019 09/30/19 Sold $140,000 -12.4% $132 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $159,900 -- $150 / Sq Ft
Source: Naples Area Board of REALTORS®

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
2023 $2,341 $210,395 $0 $0
2022 $2,023 $191,268 $0 $191,268
2021 $1,502 $135,936 $0 $135,936
2020 $1,442 $131,680 $0 $131,680
2019 $1,348 $109,517 $0 $0
2018 $1,238 $99,561 $0 $0
2017 $1,147 $90,510 $0 $0
2016 $1,046 $82,282 $0 $0
2015 $866 $74,802 $0 $0
2014 $795 $68,002 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219031513

Naples Area Board of REALTORS®

APN: 62015000101