NOT LISTED FOR SALE

138 Cypress Way E Unit 1 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $288,050

2 Beds
2 Baths
1,065 Sq Ft
$404/mo HOA Fee

Last Sold July 08, 2024

Last sale price $307,000 $288 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,943/month

61 Days on Market

Highlights

  • Lanai
  • End Unit
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Great Room
  • High Impact Windows

About This Home

As of July 2024

Amazing opportunity for this updated 2/2 first-floor END UNIT in highly desirable Palm River in the heart of North Naples. This condo features granite counter tops, custom made wood cabinets in the kitchen, bathrooms and hallway, new screened cage on lanai, hurricane proof sliding doors and back window, laminate and tile flooring, crown molding, built-in closets and the list goes on! Meticulously maintained by the Original Owner. Steps away from the community pool. Just minutes to grocery stores, restaurants, NCH hospital, gyms, entertainment, the Beach and more! Naples Keep is a little hidden gem in Palm River.

Last Agent to Sell the Property

Margaret Sloboda

Downing Frye Realty Inc. Listed on: 04/08/2024

Downing Frye Realty Inc.

Co-Listed By

Maria Sloboda

Downing Frye Realty Inc. License #NAPLES-249521082

Last Buyer's Agent

Valerie Masse

John R. Wood Properties

John R. Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $183

Year Built

  • Built in 1988

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $404 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Sliding Windows
  • Casement Windows
  • French Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Guest Parking
  • Deeded Parking

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Water Treatment System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62015000509

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

$183

Year Built

Built in 1988

Lot Details

0

HOA Fees

$404 per month

Listing Details

  • Legal Description: NAPLES KEEP A CONDOMINIUM UNIT 401
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.275471817678483$-81.77134378685221$87.01$13.33$1.00$pEJQ0_ImJBcUxv3UgRxdyg
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1988
  • Property Information: Amazing opportunity for this updated 2/2 first-floor END UNIT in highly desirable Palm River in the heart of North Naples. This condo features granite counter tops, custom made wood cabinets in the kitchen, bathrooms and hallway, new screened cage on lanai, hurricane proof sliding doors and back window, laminate and tile flooring, crown molding, built-in closets and the list goes on! Meticulously maintained by the Original Owner. Steps away from the community pool. Just minutes to grocery stores, restaurants, NCH hospital, gyms, entertainment, the Beach and more! Naples Keep is a little hidden gem in Palm River.
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Partially Furnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 288.26
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Open Porch/Lanai
  • Estimated Living Area: 1065
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Range, Refrigerator, Self Cleaning Oven, Smoke Detector, Washer, Water Treatment Owned
  • Flooring: Carpet, Laminate, Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Closet Cabinets, Custom Mirrors, French Doors, Pantry, Smoke Detectors, Window Coverings
  • Primary Bathroom: Shower Only
  • Windows: Casement, Sliding

Exterior Features

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

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee, Buyer
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: NAPLES KEEP
  • Condo Fees: 1212
  • Condo Fee Frequency: Quarterly
  • Maintenance: Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Street Lights, Water
  • 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: No
  • Lot Unit: 401
  • Section: 23
  • Total Area: 1155
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 62015000509

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead, Other Exemptions
  • Taxes: 182.93
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jul 8, 2024
Sold by
Dungel Anna
Bought by
Dagostino Francesco Giovanni and Logiudice Juliana
Seller's Agent
Margaret Sloboda
Downing Frye Realty Inc.
Buyer's Agent
Valerie Masse
John R. Wood Properties
List Price
$330,000
Sold Price
$307,000
Premium/Discount to List
-$23,000
-6.97%
Views
36
Current Estimated Value
$288,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,950
Avg. Annual Appreciation
-4.78%
Original Mortgage
$245,600
Outstanding Balance
$242,638
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$45,412

Purchase Details

Closed on
Nov 3, 1994
Sold by
Webb Arthur E
Bought by
Dungel Rudolf and Dungel Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
8.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1994
Sold by
Bob Hudson Leasing & Sales Inc
Bought by
Webb Arthur E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dagostino Francesco Giovanni $307,000 Grey Street Title
Dagostino Francesco Giovanni $307,000 Grey Street Title
Dungel Rudolf $52,000 --
Webb Arthur E $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dagostino Francesco Giovanni $245,600
Closed Dagostino Francesco Giovanni $245,600
Previous Owner Dungel Rudolf $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $307,000 -2.5% $288 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $314,990 -1.6% $296 / Sq Ft
04/30/2024 04/30/24 Price Changed $319,990 -3.0% $300 / Sq Ft
04/08/2024 04/08/24 For Sale $330,000 -- $310 / 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
2025 $192 $258,360 -- $258,360
2024 $183 $68,382 -- --
2023 $183 $66,390 $0 $0
2022 $207 $64,456 $0 $0
2021 $215 $62,579 $0 $0
2020 $216 $61,715 $0 $0
2019 $328 $60,327 $0 $0
2018 $322 $59,202 $0 $0
2017 $205 $57,984 $0 $0
2016 $314 $56,791 $0 $0
2015 $318 $56,396 $0 $0
2014 $319 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Margaret Sloboda

    Downing Frye Realty Inc.

    (239) 370-4797

    6 in this area

    31 Total Sales

    Margaret Sloboda
    Section Image
  • Maria Sloboda

    Seller Co-Listing Agent in 2024

    Maria Sloboda

    Downing Frye Realty Inc.

    (800) 448-3411

    5 in this area

    46 Total Sales

    Maria Sloboda
    Section Image

  • V

    Buyer's Agent in 2024

    Valerie Masse

    John R. Wood Properties

    (239) 233-2370

    1 in this area

    103 Total Sales

    Valerie Masse
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 224032471

Naples Area Board of REALTORS®

APN: 62015000509

Florida Collier County Naples 34110 Palm River Estates

138 Cypress Way E Unit 1, Naples, FL

This home is located at 138 Cypress Way E Unit 1, Naples, FL 34110 since 08 April 2024 and is currently priced at $288,050, approximately $270 per square foot. This property was built in 1988. 138 Cypress Way E Unit 1 is a home located in Collier County with nearby schools including Veterans Memorial Elementary School, North Naples Middle School, and Naples Christian Academy.

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 2025 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.

Nearby Homes