NOT LISTED FOR SALE

175 Cypress Way E Unit B103 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $241,000 - $264,000

2 Beds
2 Baths
1,134 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 27, 2018

Last sale price $170,000 $150 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,710/month

58 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Wood Flooring
  • Veterans Memorial Elementary School Rated A
  • Pond
  • Main Floor Primary Bedroom

About This Home

As of April 2018

Ground floor 2 BR 2BA condo with beautiful, wide water lake views from the kitchen, living, dining, and Master BR. Community pool and walking path just steps from your screened in lanai. Pet friendly with a great rental policy in a superb North Naples area. Less than 3 miles to the Gulf of Mexico's white sandy beaches, and the shopping, dining and entertainment at Mercato. You can't beat this location!

Last Agent to Sell the Property

Belle Fair Graves

Realty One Group MVP Listed on: 01/18/2018

Last Buyer's Agent

Vasiliki Markoff

Real Broker, LLC License #NAPLES-249525266

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • North Facing Home
  • Paved or Partially Paved Lot

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • 2 Ceiling Fans
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Garage Space
  • 1 Detached Carport Space
  • Guest Parking

Outdoor Features

  • Pond
  • Courtyard
  • Water Fountains

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 53550600004
  • Tax Block B

Community Details

Overview

  • Low-Rise Condominium

Recreation

  • Golf Course Community
  • Beach Club Membership Available
  • Community Pool
  • Dog Park
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1985

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Legal Description: LAKEVIEW GARDENS CONDOMINIUM BLDG B-103
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, Garden Apt
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 2
  • Num Unit Floor: 1
  • Price Per Sq Ft: 149.91
  • Total Floors: 2
  • Additional Rooms: Guest Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1134
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Washer/Dryer Hookup
  • Flooring: Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors, Walk-In Closet
  • Primary Bathroom: Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • Road: Paved Road
  • View: Lake
  • Exterior Features: Courtyard, Pond, Water Display
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1
  • Parking: 1 Assigned, Covered, Guest

Utilities

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

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: No
  • Sub Condo Name: LAKEVIEW GARDENS
  • Condo Fees: 800
  • Condo Fee Frequency: Quarterly
  • Maintenance: Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal

Association/Amenities

  • Pets: With Approval
  • Development: Palm River
  • Amenities: Beach Club Available, Bike And Jog Path, Community Pool, Dog Park, Golf Course, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 12
  • Total Number of Units: 12

Fee Information

  • 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: 103
  • Section: 23
  • Total Area: 1220
  • Waterfront: Yes
  • Rear Exposure: North
  • Parcel Number: 53550600004

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only
  • Taxes: 1514.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 5, 2018
Sold by
Ngo Khnah
Bought by
Mastroperio Emily C
Seller's Agent
Belle Fair Graves
Realty One Group MVP
Buyer's Agent
Vasiliki Markoff
Real Broker, LLC
List Price
$184,900
Sold Price
$170,000
Premium/Discount to List
-$14,900
-8.06%
Current Estimated Value
$253,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,485
Avg. Annual Appreciation
5.49%
Original Mortgage
$164,900
Outstanding Balance
$141,811
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$111,674

Purchase Details

Listed on
Dec 8, 2015
Closed on
Feb 12, 2016
Sold by
Decker James P and Decker Michelle A
Bought by
Ngo Khanh
Seller's Agent
Mike Rivera Sr
Saggio Realty, Inc
Buyer's Agent
Belle Fair Graves
Realty One Group MVP
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.37%

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 13, 2015
Sold by
Dunn Jeffrey M
Bought by
Decker James P and Decker Michele A
Seller's Agent
Mike Rivera Sr
Saggio Realty, Inc
Buyer's Agent
Mike Rivera Sr
Saggio Realty, Inc
List Price
$131,900
Sold Price
$131,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.59%

Purchase Details

Closed on
Aug 1, 2015
Bought by
Ngo Khanh

Purchase Details

Closed on
Feb 1, 2015
Bought by
Ngo Khanh

Purchase Details

Closed on
May 11, 2012
Sold by
King Paul A
Bought by
Mcclenathen Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,780
Interest Rate
5.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 15, 2009
Sold by
Cook Susan E
Bought by
Mcmahon Sydnie and Susan E Cook Irrevocable Trust

Purchase Details

Closed on
May 30, 2003
Sold by
Chambers Linda Lou and Dorazio Linda Lou
Bought by
Cook Willis and Cook Susan

Purchase Details

Closed on
May 30, 2000
Sold by
Dorazio Cesidio and Dorzaio Linda Lou
Bought by
Dorazio Linda Lou

Purchase Details

Closed on
Jul 30, 1999
Sold by
Farinacci Michael A and Farinacci Mary D
Bought by
Dorazio Cesidio and Dorazio Lindalou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
7.66%
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
Mastroperio Emily C $170,000 Attorney
Ngo Khanh $165,000 Attorney
Decker James P $131,900 Aries Title Inc
Ngo Khanh $100 --
Ngo Khanh $100 --
Mcclenathen Carol L $53,780 Attorney
Mcmahon Sydnie -- None Available
Cook Willis $108,000 --
Dorazio Linda Lou -- --
Dorazio Cesidio $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastroperio Emily C $164,900
Previous Owner Mcclenathen Carol L $53,780
Previous Owner Dorazio Cesidio $69,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2018 04/27/18 Sold $170,000 -8.1% $150 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $184,900 +12.1% $163 / Sq Ft
02/16/2016 02/16/16 Sold $165,000 -2.4% $146 / Sq Ft View Prior Sale
01/12/2016 01/12/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $169,000 +28.1% $149 / Sq Ft
10/13/2015 10/13/15 Sold $131,900 0.0% $116 / Sq Ft View Prior Sale
09/03/2015 09/03/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $131,900 -- $116 / 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 $1,187 $160,662 -- --
2024 $1,165 $156,134 -- --
2023 $1,165 $151,586 $0 $0
2022 $1,139 $147,171 $0 $0
2021 $1,149 $142,884 $0 $142,884
2020 $1,142 $142,884 $0 $142,884
2019 $1,577 $142,884 $0 $142,884
2018 $1,563 $141,750 $0 $141,750
2017 $1,514 $136,080 $0 $136,080
2016 $1,262 $113,400 $0 $0
2015 $1,090 $96,390 $0 $0
2014 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218005102

Naples Area Board of REALTORS®

APN: 53550600004