NOT LISTED FOR SALE

140 Cypress Way E Unit 607 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $249,000 - $283,000

2 Beds
2 Baths
1,064 Sq Ft
$287/mo HOA Fee

Last Sold September 21, 2022

Last sale price $310,000 $291 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,905/month

94 Days on Market

Highlights

  • Canal View
  • Clubhouse
  • Community Pool
  • Veterans Memorial Elementary School Rated A
  • Furnished
  • Porch

About This Home

As of September 2022

COME SEE THIS AMAZING 2 BEDROOM 2 BATH LOCATED AT NAPLES KEEP AT PALM RIVER. THIS CONDO FEATURES
LAMINATE FLOORING, UPDATED VANITIES AND FLOORING IN BATHROOMS. COMPLETELY REMODELED KITCHEN WITH SHAKER CABINETS AND GRANITE COUNTER TOPS. STAINLESS STEEL APPLIANCES. THIS CONDO COMES WITH NEW FURNITURE THROUGHOUT. BEDDING, TOWELS, POTS AND PANS, DISHES AND MORE. THIS CONDO HAS A SCREENED LANAI FOR YOUR ENJOYMENT AND A COMMUNITY POOL TO COOL DOWN AFTER A DAY AT THE BEACH. JUST MINUTES TO YOUR FAVORITE RESTAURANTS, SHOPPING, AND SANDY BEACHES. DON'T MISS THE OPPORTUNITY TO LIVE IN THIS COMMUNITY WITH LOW HOA FEES.

Last Agent to Sell the Property

Deanna Fontes

Gulf Coast Living Real Estate, Inc License #258025904 Listed on: 06/18/2022

Last Buyer's Agent

Mindy Young

John R Wood Properties License #249511569

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,420

Year Built

  • Built in 1988

Lot Details

  • Southeast Facing Home

HOA Fees

  • $287 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Single Hung Windows
  • Combination Dining and Living Room
  • Canal Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • Tax Lot 607
  • Assessor Parcel Number 62015000949

Community Details

Overview

  • Association fees include management, internet, pest control, road maintenance, street lights, trash, water
  • 100 Units
  • Association Phone (239) 596-7200
  • Low-Rise Condominium
  • Naples Keep Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,420

Year Built

Built in 1988

Lot Details

0

HOA Fees

$287 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: NAPLES KEEP
  • Architectural Style: Garden Home, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1988
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, Pantry, Tub Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1064.0
  • Stories: 2
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Canal
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Patio
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Laundry Features: Inside
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel, Non-Gated, Street Lights
  • Amenities: Clubhouse, Pool, Sidewalks
  • Association #2 Fee: 860.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-596-7200
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Internet, Pest Control, Road Maintenance, Street Lights, Trash, Water

Schools

  • Elementary School: VETERANS MEMORIAL EL
  • High School: GULF COAST HIGH SCHOOL
  • Middle Or Junior School: NORTH NAPLES MIDDLE SCHOOL

Lot Info

  • Parcel #: 62015000949
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 100

Tax Info

  • Tax Annual Amount: 1420.0
  • Tax Lot: 607
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2022
Closed on
Sep 8, 2022
Sold by
Casler Jason T
Bought by
Gerlach Joseph B and Gerlach William F
Seller's Agent
Deanna Fontes
Gulf Coast Living Real Estate, Inc
Buyer's Agent
Mindy Young
John R Wood Properties
List Price
$330,000
Sold Price
$310,000
Premium/Discount to List
-$20,000
-6.06%
Views
2
Current Estimated Value
$266,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,531
Avg. Annual Appreciation
-4.78%
Original Mortgage
$294,500
Outstanding Balance
$281,292
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
-$14,823

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 30, 2021
Sold by
Hyman Nadine and Hyman Daniel
Bought by
Casler Jason Thomas and Casler Jessica Jean
Seller's Agent
Chris Sweat
Gulf Shore Properties SWFL
Buyer's Agent
Deanna Fontes
Gulf Coast Living Real Estate, Inc
List Price
$199,900
Sold Price
$212,000
Premium/Discount to List
$12,100
6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.97%
Original Mortgage
$188,680
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 10, 2021
Sold by
Hyman Nadine
Bought by
Hyman Nadine and Hyman Daniel
Seller's Agent
Chris Sweat
Gulf Shore Properties SWFL
Buyer's Agent
Deanna Fontes
Gulf Coast Living Real Estate, Inc
List Price
$199,900
Sold Price
$212,000
Premium/Discount to List
$12,100
6.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,680
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Snr Rentals Nk 140 Llc
Bought by
Hyman Nadine

Purchase Details

Closed on
Mar 1, 2016
Sold by
Desruisseaux Scott
Bought by
Snr Rentals Nk-140 Llc

Purchase Details

Closed on
Sep 11, 2006
Sold by
Rajnic Daniel J and Denise Rajnic M
Bought by
Desruisseaux Scott
Source: Public Records

Range of Values:

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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
Gerlach Joseph B $310,000 --
Casler Jason Thomas $212,000 Attorney
Hyman Nadine -- Accommodation
Hyman Nadine $120,000 Florida Gulf Coast Ttl Speci
Snr Rentals Nk-140 Llc $76,480 None Available
Desruisseaux Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerlach Joseph B $294,500
Previous Owner Casler Jason Thomas $188,680
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $310,000 -6.1% $291 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
06/18/2022 06/18/22 For Sale $330,000 +55.7% $310 / Sq Ft
08/06/2021 08/06/21 Sold $212,000 +6.1% $199 / Sq Ft View Prior Sale
06/09/2021 06/09/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $199,900 -- $188 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $2,520 $258,360 -- $258,360
2024 $2,524 $247,720 -- $247,720
2023 $2,524 $242,400 $0 $242,400
2022 $1,987 $187,803 $0 $187,803
2021 $1,480 $133,936 $0 $133,936
2020 $1,420 $129,680 $0 $129,680
2019 $1,327 $107,569 $0 $0
2018 $1,218 $97,790 $0 $0
2017 $1,127 $88,900 $0 $0
2016 $1,027 $80,818 $0 $0
2015 $848 $73,471 $0 $0
2014 $777 $66,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222046784

Florida Gulf Coast Multiple Listing Service

APN: 62015000949