NOT LISTED FOR SALE

131 Cypress Way E Unit C (A-3) Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $236,000 - $296,000

2 Beds
2 Baths
1,852 Sq Ft
1984 Built

Last Sold August 26, 2016

Last sale price $162,500 $88 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,442/month

50 Days on Market

About This Home

As of August 2016

Desirable North Naples Location. Comfortable 2BR/2BA split-bedroom floor plan offers lots of privacy. Low Association Fees. Meticulously maintained and cared for, this unit is an excellent opportunity for you to live in Paradise, purchase as a vacation home, or to invest in Paradise, with excellent rental income potential. Unit has private outside storage unit for your beach chairs and other storage items. Car port parking just outside the front door with second assigned parking space and plenty of guest parking close by. Tile in front foyer and lanai, wood laminate flooring throughout. Lanai has access from sliders in LR and Master BR. Community pool steps from lanai. Washer and dryer inside unit. Only 4 miles to beach, close in location great for shopping and restaurants. School district is highly desirable with bus stop outside complex. Quiet complex in a serine setting. Unit is tenant-occupied, annual gross rental income is $16,800. Current lease term is through 7/24/2016. Call for more info.

Last Agent to Sell the Property

April Keating

Premiere Plus Realty Company Listed on: 06/04/2016

Premiere Plus Realty Company

Last Buyer's Agent

Fawn Scott

MVP Realty Associates LLC License #NAPLES-249521458

Property Details

Home Type

  • Condominium

Year Built

  • 1984

Parking

  • Deeded Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,852 Sq Ft Home
  • 2-Story Property

Listing and Financial Details

Community Details

Overview

  • $50 Additional Association Fee
  • Low-Rise Condominium
  • Spanish Pines Condos

Pet Policy

  • Pets up to 35 lbs
  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Year Built

1984

Lot Details

0

Listing Details

  • Legal Description: SPANISH PINES A CONDOMINIUM UNIT A-3
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Range, Refrigerator, Smoke Detector, Washer
  • Floor Plan: Split Bedrooms
  • Flooring: Laminate, Tile
  • Interior Amenities: Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Room Count: 4
  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 118.01
  • Total Floors: 2

Exterior Features

  • Roof: Shingle
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Windows: Single Hung, Sliding

Garage/Parking

  • Carport Description: Attached
  • Carport Spaces: 1
  • Parking: 2 Assigned, Covered, Guest, Paved Parking

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Bike Storage, Community Pool
  • Community Type: Non-Gated
  • Maintenance: Irrigation Water, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Street Maintenance, Trash Removal, Water
  • Approval: Application Fee
  • Management: Professional
  • Restrictions: Deeded
  • Sub Condo Name: SPANISH PINES

Association/Amenities

  • Units in Building: 8
  • Total Number of Units: 31
  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 35
  • Development: Palm River

Fee Information

  • Condo Fees: 1110
  • Condo Fee Frequency: Quarterly
  • Application Fee: 100.00
  • One Time Other Fee: 50

Schools

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

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: North
  • View: Landscaped Area, Pool/Club
  • Section: 23
  • Total Area: 1852

Rental Info

  • Leases Per Year: 4
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: No Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Ann Guiter Jill
Bought by
Guiter Jill Ann
Current Estimated Value
$253,744

Purchase Details

Listed on
Jun 4, 2016
Closed on
Aug 26, 2016
Sold by
Livingsdale Ventures Llc
Bought by
Guiter Jill
Seller's Agent
April Keating
Premiere Plus Realty Company
Buyer's Agent
Fawn Scott
MVP Realty Associates LLC
List Price
$169,000
Sold Price
$162,500
Premium/Discount to List
-$6,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$130,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2014
Sold by
Jbc 1031 Investments Llc
Bought by
Livingstone Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 15, 2010
Sold by
Cohen Nace I and Cohen Cindy D
Bought by
Jbc 1031 Investments Llc

Purchase Details

Closed on
Jul 15, 2005
Sold by
Wilson William J and Wilson Richard V
Bought by
Cohen Nace I and Cohen Cindy D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Guiter Jill Ann -- Erich Law Pllc
Guiter Jill $162,500 Cottrell Title & Escrow
Livingstone Ventures Llc $115,000 Legacy Title & Escrow
Jbc 1031 Investments Llc -- Attorney
Cohen Nace I $185,000 Sunbelt Title Agency
Wilson William J -- Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guiter Jill $130,000
Previous Owner Livingstone Ventures Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $162,500 -3.8% $88 / Sq Ft
07/24/2016 07/24/16 Pending -- -- --
06/04/2016 06/04/16 For Sale $169,000 -- $91 / Sq Ft
Source: Naples Area Board of REALTORS®

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
2025 $1,136 $155,479 -- --
2024 $1,114 $151,097 -- --
2023 $1,114 $146,696 $0 $0
2022 $1,089 $142,423 $0 $0
2021 $1,098 $138,275 $0 $0
2020 $1,071 $136,366 $0 $0
2019 $1,046 $133,300 $0 $0
2018 $1,017 $130,815 $0 $130,815
2017 $1,027 $130,815 $0 $130,815
2016 $1,235 $105,567 $0 $0
2015 $1,085 $95,970 $0 $0
2014 $819 $61,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216036017

Naples Area Board of REALTORS®

APN: 74660120000