Seller's Agent in 2026
John Russo
Coldwell Banker Realty
(239) 248-0689
1 in this area
38 Total Sales
151 Cypress Way E Unit D3 Naples, FL 34110
Palm River Estates Neighborhood
2
Beds
2
Baths
1,338
Sq Ft
1982
Built
Highlights
- Pond View
- Waterfront
- Community Pool
- Veterans Memorial Elementary School Rated A
- Great Room
- Concrete Block With Brick
About This Home
As of February 2026LOWEST PRICED CONDO IN PALM RIVER! This is your chance to own in one of the most desirable North Naples communities—with MAJOR BUILDING UPGRADES ALREADY COMPLETED. The ENTIRE BUILDING HAS BEEN REPIPED and a BRAND NEW METAL ROOF was just installed. ALL ASSESSMENTS HAVE BEEN PAID, giving you LOWER INSURANCE COSTS and ADDED STORM PROTECTION. The LOCATION IS INCREDIBLE. Just across the street from GREENTREE PLAZA and SAM’S CLUB, with endless dining options within 3 minutes. TARGET and WALMART are only 5 minutes away, and you’re LESS THAN 4 MILES TO THE BEACH—just 8 minutes to toes in the sand. MERCATO is only 3 miles down the road for high-end shopping, NIGHTLIFE, CIGAR BARS, and DANCING. Enjoy the best of NAPLES LIVING with unbeatable CONVENIENCE, VALUE, and LONG-TERM POTENTIAL. Whether you're looking for a SEASONAL RETREAT, INVESTMENT OPPORTUNITY, or your own slice of PARADISE, this one is worth a look.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,060
Year Built
- Built in 1982
Lot Details
- Waterfront
- Zero Lot Line
HOA Fees
- $568 Monthly HOA Fees
Home Design
- Concrete Block With Brick
- Concrete Foundation
- Metal Roof
- Stucco
Interior Spaces
- Property has 1 Level
- Great Room
- Family or Dining Combination
- Pond Views
Kitchen
- Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- Central Air
- Heating Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 48581080006
- Tax Block D
Community Details
Overview
- 8 Units
- Haciendas Subdivision
- Mandatory home owners association
Recreation
- Community Pool
Pet Policy
- Pets allowed on a case-by-case basis
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
Feb 25, 2026
Sold by
Hatten Gregg A and Hatten Karen J
Bought by
Kolenovic Omer and Kolenovic Ajkuna
Seller's Agent
John Russo
Coldwell Banker Realty
Buyer's Agent
Bianca Cirakovic
Sun Realty
List Price
$219,000
Sold Price
$175,000
Premium/Discount to List
-$44,000
-20.09%
Views
116
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3311.46%
Purchase Details
Closed on
Dec 9, 1998
Sold by
Cahill Connie J and Kissinger Steven E
Bought by
Hatten Gregg A
Purchase Details
Closed on
Jun 10, 1998
Sold by
Upton Dorothy R
Bought by
Cahill Connie J
Purchase Details
Closed on
Dec 24, 1996
Sold by
Cahill Connie J
Bought by
Cahill Connie J
Purchase Details
Closed on
Sep 12, 1996
Sold by
Monfort Corp
Bought by
Cahill Connie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | None Listed On Document | |
| Warranty Deed | $67,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $59,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $41,300 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/25/2026 02/25/26 | Sold | $175,000 | -12.5% | $131 / Sq Ft |
| 02/06/2026 02/06/26 | Pending | -- | -- | -- |
| 11/28/2025 11/28/25 | Price Changed | $199,995 | -8.7% | $149 / Sq Ft |
| 08/28/2025 08/28/25 | For Sale | $219,000 | 0.0% | $164 / Sq Ft |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 03/31/2025 03/31/25 | For Sale | $219,000 | -- | $164 / Sq Ft |
Source: Naples Area Board of REALTORS®
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 | $2,060 | $191,749 | -- | -- |
| 2024 | $2,119 | $174,317 | -- | -- |
| 2023 | $2,119 | $158,470 | -- | -- |
| 2022 | $1,764 | $144,064 | $0 | $0 |
| 2021 | $1,461 | $130,967 | $0 | $0 |
| 2020 | $1,364 | $119,061 | $0 | $0 |
| 2019 | $1,291 | $108,237 | $0 | $0 |
| 2018 | $1,230 | $98,397 | $0 | $0 |
| 2017 | $1,188 | $89,452 | $0 | $0 |
| 2016 | $1,040 | $81,320 | $0 | $0 |
| 2015 | $944 | $73,927 | $0 | $0 |
| 2014 | $824 | $67,206 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
John Russo
-
Bianca Cirakovic
Buyer's Agent in 2026
Bianca Cirakovic
Sun Realty
(239) 200-7462
2 in this area
72 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 225033193
APN: 48581080006
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.
The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2026 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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