NOT LISTED FOR SALE

140 Cypress Way E Unit 605 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $234,000 - $277,000

2 Beds
2 Baths
1,064 Sq Ft
$233/mo HOA Fee

Last Sold March 31, 2020

Last sale price $135,000 $127 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,762/month

106 Days on Market

Highlights

  • Views of Preserve
  • End Unit
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Great Room
  • Balcony

About This Home

As of March 2020

Perfect condo for you or perfect rental investment property. FANTASTIC LOCATION IN THE HEART OF NORTH NAPLES - PALM RIVER! Perfect condo for you or perfect rental investment property. Lowest Priced Condo in Naples Keep - Priced to Sell! 2 bedrooms/ 2 bathrooms with open living room/ dining room and kitchen with breakfast bar. Top floor unit with preserve view. Quiet community in a fantastic area of North Naples with community pool. Short drive to the beach, walking distances to restaurants and shopping! Air conditioner, 4 years old and refrigerator 2 years old. Wonderful unit for season residents or full-time residents. Unit is being sold as-is.

Last Agent to Sell the Property

Olivia Puga

Douglas Elliman Florida, LLC Listed on: 11/15/2019

Douglas Elliman Florida, LLC

Co-Listed By

Tina Burge

Keller Williams Elite Realty

Last Buyer's Agent

Matt Neitz

Premiere Plus Realty Company

Premiere Plus Realty Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1988

Lot Details

  • Property fronts a private road
  • End Unit
  • East Facing Home
  • Privacy Fence
  • Sprinkler System

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block With Brick
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • 3 Ceiling Fans
  • Ceiling Fan
  • Double Hung Windows
  • Sliding Windows
  • Casement Windows
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Views of Preserve

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Garage Space
  • Common or Shared Parking
  • Paved Parking
  • Guest Parking

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 62015000907

Community Details

Overview

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

Recreation

  • Community Pool
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed
  • 2 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

$233 per month

Listing Details

  • Legal Description: NAPLES KEEP A CONDOMINIUM UNIT 605
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: End-Unit
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 3
  • Num Unit Floor: 2
  • Price Per Sq Ft: 126.88
  • Total Floors: 1
  • Room Count: 6
  • Additional Rooms: Balcony, Family Room, Great Room, Guest Bath, Guest Room, Laundry in Residence
  • Estimated Living Area: 1064
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining
  • Elevator: Private
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer, Washer/Dryer Hookup
  • Flooring: Carpet, Tile
  • Floor Plan: Other, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, High Speed Available, Pantry, Smoke Detectors, Walk-In Closet, Window Coverings
  • Primary Bathroom: Combo Tub And Shower
  • Windows: Casement, Double Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Access Road, County Maintained, Paved Road, Private Road
  • View: Landscaped Area, Preserve, Privacy Wall
  • Exterior Features: Patio, Privacy Wall, Private Road, Sprinkler Auto
  • Exterior Finish: Stucco, Vinyl Siding

Garage/Parking

  • Parking: 1 Assigned, Common, Guest, Paved Parking

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Exhaust Fan
  • Heat: Central Electric
  • Sewer: Central
  • Water: Assessment Paid, Central

Condo/Co-op/Association

  • Management Company Phone: 239-555-1212
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, No Commercial, No RV
  • Sub Condo Name: NAPLES KEEP
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Reserve, Street Lights, Street Maintenance, Trash Removal, Water
  • Master Hoa Fee: 700
  • Master HOA Fee Frequency: Quarterly

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Other: P
  • Development: Palm River
  • Amenities: Bike And Jog Path, Community Pool, Community Room
  • Community Type: Non-Gated
  • Units In Building: 4
  • Total Number of Units: 100

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: 605
  • Section: 23
  • Total Area: 1155
  • Waterfront: No
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 62015000907

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
Nov 15, 2019
Closed on
Apr 3, 2020
Sold by
Colman Matthew S
Bought by
Mjjt Holdings Llc
Seller's Agent
Olivia Puga
Douglas Elliman Florida, LLC
Buyer's Agent
Matt Neitz
Premiere Plus Realty Company
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%
Current Estimated Value
$255,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,470
Avg. Annual Appreciation
12.13%

Purchase Details

Listed on
Nov 15, 2019
Closed on
Mar 31, 2020
Sold by
Colman Matthew S
Bought by
Mjjt Holdings Llc
Seller's Agent
Olivia Puga
Douglas Elliman Florida, LLC
Buyer's Agent
Matt Neitz
Premiere Plus Realty Company
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Purchase Details

Closed on
May 28, 2018
Sold by
Monahan Maureen and Colman Maureen
Bought by
Colman Matthew S
Source: Public Records

Range of Values:

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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
Mjjt Holdings Llc $135,000 None Available
Mjjt Holdings Llc $135,000 None Available
Colman Matthew S -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $135,000 -2.9% $127 / Sq Ft
02/29/2020 02/29/20 Pending -- -- --
02/25/2020 02/25/20 Price Changed $139,000 -6.6% $131 / Sq Ft
01/31/2020 01/31/20 Price Changed $148,900 -0.1% $140 / Sq Ft
01/14/2020 01/14/20 Price Changed $149,000 -6.8% $140 / Sq Ft
11/15/2019 11/15/19 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
2025 $2,142 $199,024 -- --
2024 $2,060 $180,931 -- --
2023 $2,060 $164,483 $0 $0
2022 $1,768 $149,530 $0 $0
2021 $1,502 $135,936 $0 $135,936
2020 $1,375 $120,469 $0 $0
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

  • Olivia Puga

    Seller's Agent in 2020

    Olivia Puga

    Douglas Elliman Florida, LLC

    (732) 610-2915

    2 in this area

    106 Total Sales

    Olivia Puga
    Section Image
  • Tina Burge

    Seller Co-Listing Agent in 2020

    Tina Burge

    Keller Williams Elite Realty

    (239) 600-5907

    61 Total Sales

    Tina Burge
    Section Image

  • M

    Buyer's Agent in 2020

    Matt Neitz

    Premiere Plus Realty Company

    (239) 851-8656

    4 Total Sales

    Matt Neitz
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219071804

Naples Area Board of REALTORS®

APN: 62015000907

Florida Collier County Naples 34110 Palm River Estates

140 Cypress Way E Unit 605, Naples, FL

This home is located at 140 Cypress Way E Unit 605, Naples, FL 34110 since 15 November 2019 and is currently estimated at $255,470, approximately $240 per square foot. This property was built in 1988. 140 Cypress Way E Unit 605 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.

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