NOT LISTED FOR SALE

140 Cypress Way E Unit 603 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $241,000 - $288,000

2 Beds
2 Baths
1,064 Sq Ft
$258/mo HOA Fee

Last Sold April 20, 2020

Last sale price $174,000 $164 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,718/month

13 Days on Market

Highlights

  • Carriage House
  • Great Room
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Screened Porch
  • Eat-In Kitchen

About This Home

As of April 2020

Click on the link above to watch the virtual tour! You'll love this vibrant, FIRST FLOOR condo, located in Naples Keep at Palm River! Just minutes from shopping, dining and some of SW Florida's breathtaking beaches, this 2 bedroom, 2 full bath unit offers a little something for everyone. Key features include ZERO carpeting, updated bathrooms, fresh interior paint and plenty of natural lighting throughout. The open and spacious living space gives you new, wood-like flooring with direct lanai access, and is overlooked by a beautiful and completely remodeled eat-in kitchen with custom ceiling, stainless steel appliances, granite counters and ample storage space. The master bedroom gives you a lovely accent wall and custom barn door, along with your own private ensuite complete with walk in shower. This condo also comes with a private lanai to enjoy, as well as a community pool and great seasonal rental opportunities.

Last Agent to Sell the Property

Alex Greenwood

Realty One Group MVP License #NAPLES-258017280 Listed on: 03/10/2020

Realty One Group MVP

Co-Listed By

Chris Sweat

Gulf Shore Properties SWFL

Last Buyer's Agent

Margaret Jacobs

License #NAPLES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1988

HOA Fees

  • $258 Monthly HOA Fees

Home Design

  • Carriage House
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 62015000868

Community Details

Overview

  • $100 Secondary HOA Transfer Fee
  • 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
  • 1 Pet Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,186

Year Built

Built in 1988

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • Legal Description: NAPLES KEEP A CONDOMINIUM UNIT 603
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: Carriage/Coach
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 163.53
  • Total Floors: 1
  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1064
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Dryer, Microwave, Range, Refrigerator/Icemaker, Smoke Detector, Washer
  • Flooring: Vinyl
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, High Speed Available, Pantry, Smoke Detectors
  • Kitchen: Pantry
  • Primary Bathroom: Shower Only
  • Windows: Sliding

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-596-7200
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: No Commercial, No Motorcycles, No RV
  • Sub Condo Name: NAPLES KEEP
  • HOA Fees: 775
  • HOA Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Street Maintenance, Trash Removal, Water

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 1
  • Pets Limit Max Weight: 25
  • Development: Palm River
  • Amenities: Community Pool
  • Community Type: Non-Gated
  • Units In Building: 8
  • Total Number of Units: 100

Fee Information

  • Transfer Fees: 100.00
  • Application Fee: 100.00

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: 603
  • Section: 23
  • Total Area: 1160
  • Waterfront: No
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 62015000868

Rental Info

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

Tax Info

  • Tax Description: County Only
  • Taxes: 1186.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 15, 2020
Sold by
Hyman Daniel J
Bought by
Holobinko David E
Seller's Agent
Alex Greenwood
Realty One Group MVP
Buyer's Agent
Margaret Jacobs
List Price
$179,900
Sold Price
$174,000
Premium/Discount to List
-$5,900
-3.28%
Current Estimated Value
$259,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,371
Avg. Annual Appreciation
7.50%
Original Mortgage
$106,000
Outstanding Balance
$93,545
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$165,826

Purchase Details

Listed on
Feb 22, 2018
Closed on
Aug 23, 2018
Sold by
Helena A Dabrowski
Bought by
Hyman Daniel
Seller's Agent
Timothy Blackford
Premiere Plus Realty Company
Buyer's Agent
Chris Sweat
Gulf Shore Properties SWFL
List Price
$154,900
Sold Price
$153,000
Premium/Discount to List
-$1,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%
Original Mortgage
$148,410
Interest Rate
4.51%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Simonetti Micael T and Simonetti Cynthia L
Bought by
Mummert Michael E and Simonetti Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,713
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 1996
Sold by
Avco Finl Svc
Bought by
Simonetti Michael T and Simonetti Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,200
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 1996
Sold by
Clerk Circuit Court
Bought by
Avco Finl Svc
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
Holobinko David E $176,000 Attorney
Hyman Daniel $153,000 --
Mummert Michael E $72,900 --
Simonetti Michael T $54,000 --
Avco Finl Svc $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holobinko David E $106,000
Previous Owner Hyman Daniel $148,410
Previous Owner Hyman Daniel --
Previous Owner Hyman Daniel $88,000
Previous Owner Hyman Daniel $70,713
Previous Owner Mummert Michael E $70,713
Previous Owner Simonetti Michael T $43,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2020 04/20/20 Sold $174,000 -3.3% $164 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $179,900 +17.6% $169 / Sq Ft
08/17/2018 08/17/18 Sold $153,000 -1.2% $144 / Sq Ft View Prior Sale
07/13/2018 07/13/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $154,900 -- $146 / 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 $1,066 $148,351 -- --
2024 $1,044 $144,170 -- --
2023 $1,044 $139,971 $0 $0
2022 $1,020 $135,894 $0 $0
2021 $1,028 $131,936 $0 $131,936
2020 $1,398 $127,680 $0 $127,680
2019 $1,468 $133,000 $0 $133,000
2018 $1,186 $94,247 $0 $0
2017 $1,097 $85,679 $0 $0
2016 $1,000 $77,890 $0 $0
2015 $821 $70,809 $0 $0
2014 $752 $64,372 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Alex Greenwood

    Realty One Group MVP

    Section Image
  • Chris Sweat

    Seller Co-Listing Agent in 2020

    Chris Sweat

    Gulf Shore Properties SWFL

    (239) 641-7873

    2 in this area

    133 Total Sales

    Chris Sweat
    Section Image

  • M

    Buyer's Agent in 2020

    Margaret Jacobs

    Section Image
  • Timothy Blackford

    Seller's Agent in 2018

    Timothy Blackford

    Premiere Plus Realty Company

    (239) 777-7613

    2 in this area

    54 Total Sales

    Timothy Blackford
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 220017854

Naples Area Board of REALTORS®

APN: 62015000868

Florida Collier County Naples 34110 Palm River Estates

140 Cypress Way E Unit 603, Naples, FL

This home is located at 140 Cypress Way E Unit 603, Naples, FL 34110 since 10 March 2020 and is currently estimated at $259,371, approximately $243 per square foot. This property was built in 1988. 140 Cypress Way E Unit 603 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