NOT LISTED FOR SALE

140 Cypress Way E Unit 608 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $241,000 - $275,000

2 Beds
2 Baths
1,064 Sq Ft
$242/Sq Ft Est. Value

Last Sold June 14, 2019

Last sale price $150,000 $141 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,701/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Screened Porch
  • Concrete Block With Brick
  • Veterans Memorial Elementary School Rated A
  • Community Pool
  • Patio

About This Home

As of June 2019

Tenant in place until 3/31/20. Great investment opportunity. Much sought after North Naples location.
2bed, 2 bath. 2nd-floor end unit. Pictures to come

Last Agent to Sell the Property

Kristi Castle

Gulf Breeze Real Estate LC Listed on: 04/24/2019

Last Buyer's Agent

Kristi Castle

Gulf Breeze Real Estate LC Listed on: 04/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1988

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Parking

  • 1 Parking Garage Space
  • Guest Parking
  • Deeded Parking

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
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 62015000965

Community Details

Overview

  • Low-Rise Condominium

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1988

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Legal Description: NAPLES KEEP A CONDOMINIUM UNIT 608
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.27558595011157$-81.77134125928353$87.38$13.33$1.00$d_wQPKGoy0DmWIDkY-XxYA
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 140.98
  • Total Floors: 1
  • Additional Rooms: Screened Lanai/Porch
  • 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
  • Equipment: Dishwasher, Disposal, Dryer, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector
  • Flooring: Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Volume Ceiling
  • 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: Wood Siding

Garage/Parking

  • Parking: 1 Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-404-4128
  • Approval: Application Fee, Buyer
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: NAPLES KEEP
  • Condo Fees: 750
  • Condo Fee Frequency: Quarterly
  • Maintenance: Insurance, Lawn/Land Maintenance, Legal/Accounting, Manager

Association/Amenities

  • Pets: Limits
  • 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: 170.00

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: 608
  • Section: 23
  • Total Area: 1115
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Zero Lot Line
  • Parcel Number: 62015000965

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
Apr 24, 2019
Closed on
May 29, 2019
Sold by
Choquette Shelley A
Bought by
Myron Charles Lewis
Seller's Agent
Kristi Castle
Gulf Breeze Real Estate LC
Buyer's Agent
Kristi Castle
Gulf Breeze Real Estate LC
List Price
$159,900
Sold Price
$150,000
Premium/Discount to List
-$9,900
-6.19%
Current Estimated Value
$257,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,419
Avg. Annual Appreciation
8.85%
Original Mortgage
$145,500
Outstanding Balance
$128,187
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$129,232

Purchase Details

Closed on
Oct 23, 2000
Sold by
Mead David William and Mead Shirley L Carey
Bought by
Choquette Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,445
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 1994
Sold by
Mead Shirley L Carey and Carey Shirley
Bought by
Mead David William and Mead Shirley L Carey
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
Myron Charles Lewis $150,000 Attorney
Choquette Shelley A $68,500 --
Mead David William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myron Charles Lewis $145,500
Previous Owner Choquette Shelley A $66,445
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2019 06/14/19 Sold $150,000 0.0% $141 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/26/2019 04/26/19 Off Market $150,000 -- --
04/24/2019 04/24/19 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 $1,083 $150,137 -- --
2024 $1,062 $145,906 -- --
2023 $1,062 $141,656 $0 $0
2022 $1,037 $137,530 $0 $0
2021 $1,045 $133,524 $0 $0
2020 $1,020 $131,680 $0 $131,680
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

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219031537

Naples Area Board of REALTORS®

APN: 62015000965