NOT LISTED FOR SALE

136 Cypress Way E Unit 508 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $272,689 - $337,000

2 Beds
2 Baths
1,064 Sq Ft
$369/mo HOA Fee

Last Sold January 17, 2024

Last sale price $375,000 $352 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $2,224/month

50 Days on Market

Highlights

  • Views of Preserve
  • End Unit
  • Screened Balcony
  • Veterans Memorial Elementary School Rated A
  • Community Pool
  • Corner Fireplace

About This Home

As of January 2024

Welcome to this NEWLY RENOVATED condo in the highly sought-after Palm River neighborhood in North Naples! This 2-bedroom, 2-bathroom condo is a masterpiece of modern design and functionality. Equipped with stunning quartz countertops, a waterfall design on the island, and brand new LG appliances that boast Bluetooth capabilities, this kitchen is truly eye-catching! The updated aesthetic continues with porcelain wood-like tile flooring, plantation shutters that runs throughout the entire unit, beautifully tiled bathrooms that give a coastal appeal and ample storage space with built in closets in both bedrooms and dual sinks in the master bathroom. This condo provides a chic ambience with a quiet preserve view from the screened in balcony and impact resistant PGT sliders and windows all around. The quality and craftsmanship continues with custom designed board and batten walls in the master bedroom and the living/dining area. This family friendly community offers access to an array of amenities, including a community pool, local parks, walking trails, and recreational facilities.
Conveniently located near Immokalee Road and Seed to Table, this condo provides easy access to I-75 and is just 5 minutes away from the pristine beaches of Naples. Don’t miss the opportunity to own a condo this stunning in Palm River!

Last Agent to Sell the Property

Alexa Cambria

The Agency Naples License #NAPLES-249530658 Listed on: 11/13/2023

The Agency Naples

Last Buyer's Agent

Brian K. Rig Rigsby

Premier Sotheby's Int'l Realty License #NAPLES-258024882

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $369 Monthly HOA Fees

Home Design

  • Concrete Block With Brick
  • Poured Concrete
  • Tile

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Corner Fireplace
  • Combination Dining and Living Room
  • Tile Flooring
  • Views of Preserve

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking
  • Deeded Parking

Outdoor Features

  • Screened Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62015000800

Community Details

Overview

  • 8 Units
  • Low-Rise Condominium
  • Naples Keep Condos
  • Palm River Community

Recreation

  • Community Pool

Pet Policy

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

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,556

Year Built

Built in 1988

Lot Details

0

HOA Fees

$369 per month

Listing Details

  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27414694297398$-81.76982215581319$334.88$13.33$1.00$QgJ4Y-m4D84FKM9N1B4gYQ
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, Corner, End-Unit
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1988
  • Property Information: Welcome to this NEWLY RENOVATED condo in the highly sought-after Palm River neighborhood in North Naples! This 2-bedroom, 2-bathroom condo is a masterpiece of modern design and functionality. Equipped with stunning quartz countertops, a waterfall design on the island, and brand new LG appliances that boast Bluetooth capabilities, this kitchen is truly eye-catching! The updated aesthetic continues with porcelain wood-like tile flooring, plantation shutters that runs throughout the entire unit, beautifully tiled bathrooms that give a coastal appeal and ample storage space with built in closets in both bedrooms and dual sinks in the master bathroom. This condo provides a chic ambience with a quiet preserve view from the screened in balcony and impact resistant PGT sliders and windows all around. The quality and craftsmanship continues with custom designed board and batten walls in the master bedroom and the living/dining area. This family friendly community offers access to an array of amenities, including a community pool, local parks, walking trails, and recreational facilities. Conveniently located near Immokalee Road and Seed to Table, this condo provides easy access to I-75 and is just 5 minutes away from the pristine beaches of Naples. Don’t miss the opportunity to own a condo this stunning in Palm River!
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 352.44
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Balcony
  • 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, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Fire Sprinkler, Internet Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Multiple Shower Heads, Shower Only
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block, Poured Concrete
  • Irrigation: Central
  • View: Preserve
  • Exterior Features: Patio
  • Exterior Finish: Other

Garage/Parking

  • Parking: 1 Assigned, Common

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-591-4200
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial
  • Sub Condo Name: NAPLES KEEP
  • Condo Fees: 1107
  • Condo Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal
  • Development Name: PALM RIVER

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • 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: 150.00

Lot Info

  • Builder Product: Yes
  • Section: 23
  • Total Area: 1115
  • Waterfront: No
  • Rear Exposure: East
  • Lot Description: Corner
  • Parcel Number: 62015000800

Rental Info

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

Tax Info

  • Tax Description: City And County
  • Taxes: 2555.64
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 17, 2024
Sold by
Polycam Fl Llc
Bought by
Dhk Investments Llc
Seller's Agent
Alexa Cambria
The Agency Naples
Buyer's Agent
Brian K. Rig Rigsby
Premier Sotheby's Int'l Realty
List Price
$398,000
Sold Price
$375,000
Premium/Discount to List
-$23,000
-5.78%
Total Days on Market
50
Views
68
Current Estimated Value
$292,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$82,328
Avg. Annual Appreciation
-16.33%

Purchase Details

Listed on
Apr 15, 2022
Closed on
Aug 8, 2022
Sold by
Cambria and Aliki
Bought by
Polycam Fl Llc
Seller's Agent
Connie Kommer
William Raveis Real Estate
Buyer's Agent
Brian Ohlis
Sun Realty
List Price
$259,000
Sold Price
$257,500
Premium/Discount to List
-$1,500
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%

Purchase Details

Closed on
Sep 25, 2005
Sold by
Aforismo Mark
Bought by
Armstrong Frederick and Armstrong Anne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,700
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1996
Sold by
Aforismo Stephen and Doering Helena M
Bought by
Aforismo Mark

Purchase Details

Closed on
Sep 4, 1996
Sold by
Doering J Ward
Bought by
Aforismo Mark
Source: Public Records

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Range of Values:

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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
Dhk Investments Llc $375,000 Private Client Title & Escrow
Polycam Fl Llc -- Holmes Fraser Pa
Armstrong Frederick $241,900 Noble Title & Trust
Aforismo Mark -- --
Aforismo Mark -- --
Aforismo Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armstrong Frederick $168,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2024 01/17/24 Sold $375,000 -3.6% $352 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
12/13/2023 12/13/23 Price Changed $389,000 -2.3% $366 / Sq Ft
11/13/2023 11/13/23 For Sale $398,000 +54.6% $374 / Sq Ft
06/30/2022 06/30/22 Sold $257,500 -0.6% $242 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/08/2022 06/08/22 Price Changed $259,000 0.0% $243 / Sq Ft
06/08/2022 06/08/22 For Sale $259,000 +3.6% $243 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $249,900 -- $235 / 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 $2,556 $245,400 $0 $245,400
2022 $1,037 $137,530 $0 $0
2021 $1,045 $133,524 $0 $0
2020 $1,020 $131,680 $0 $131,680
2019 $1,008 $129,845 $0 $0
2018 $980 $127,424 $0 $127,424
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: 223082991

Naples Area Board of REALTORS®

APN: 62015000800