NOT LISTED FOR SALE

175 Cypress Way E Unit B106 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $258,000 - $267,000

2 Beds
2 Baths
1,134 Sq Ft
$425/mo HOA Fee

Last Sold February 16, 2023

Last sale price $279,000 $246 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,011/month

57 Days on Market

Highlights

  • Lake Front
  • Main Floor Bedroom
  • Porch
  • Veterans Memorial Elementary School Rated A
  • Community Pool
  • Screened Patio

About This Home

As of February 2023

Lovely downstairs end unit with refreshed interior, lake view and screened in Lanai. New roof in 2020. Community pool and amenities. Stainless appliances, tile and wood flooring, fresh paint and electrical fixtures. Priced well below recent sales for save purchaser!

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #182021307 Listed on: 12/20/2022

Last Buyer's Agent

Rei Culi

John R Wood Properties License #251552799

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $968

Year Built

  • Built in 1985

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,134 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 106 / B
  • Assessor Parcel Number 53550720007

Community Details

Overview

  • 175 Units
  • Low-Rise Condominium
  • Lakeview Gardens Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$968

Year Built

Built in 1985

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.026
  • Lot Size: 264 x 282 x 174 x 178
  • Ownership: Condo
  • Subdivision Name: LAKEVIEW GARDENS
  • Architectural Style: Other, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Bedroom on Main Level, Other, See Remarks, Shower Only, Separate Shower
  • Living Area: 1134.0
  • Stories: 2
  • Window Features: Other

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, See Remarks
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Near Hotel/Motel
  • Amenities: Pool
  • Association #2 Fee: 1275.0
  • Association #2 Fee Frequency: Quarterly
  • Association: No
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Parcel #: 53550720007
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 175

Tax Info

  • Tax Annual Amount: 968.06
  • Tax Block: B
  • Tax Lot: 106
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Feb 16, 2023
Sold by
I-Deal Homes Real Estate Holdings Llc
Bought by
Musollari Mimoza
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Rei Culi
John R Wood Properties
List Price
$297,500
Sold Price
$279,000
Premium/Discount to List
-$18,500
-6.22%
Views
151
Current Estimated Value
$262,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,576
Avg. Annual Appreciation
-2.28%
Original Mortgage
$209,250
Outstanding Balance
$202,685
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$59,739

Purchase Details

Closed on
Sep 13, 2022
Sold by
Starkweather Nathan
Bought by
I-Deal Homes Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,200
Interest Rate
5.55%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 8, 2015
Sold by
Lakeview Gardens Development Corporation
Bought by
Starkweather Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Musollari Mimoza $279,000 --
I-Deal Homes Real Estate Holdings Llc $179,850 Albatross Title Services
Starkweather Nathan $125,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Musollari Mimoza $209,250
Previous Owner I-Deal Homes Real Estate Holdings Llc $203,200
Previous Owner Starkweather Nathan $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/16/2023 02/16/23 Sold $279,000 -3.0% $246 / Sq Ft
01/07/2023 01/07/23 Price Changed $287,500 -3.4% $254 / Sq Ft
12/20/2022 12/20/22 For Sale $297,500 -- $262 / 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 $2,338 $229,800 -- $229,800
2024 $2,747 $229,800 -- $229,800
2023 $2,747 $263,820 $0 $263,820
2022 $968 $130,973 $0 $0
2021 $975 $127,158 $0 $0
2020 $951 $125,402 $0 $0
2019 $928 $122,583 $0 $0
2018 $901 $120,297 $0 $0
2017 $883 $117,823 $0 $0
2016 $859 $115,400 $0 $0
2015 $988 $77,000 $0 $0
2014 -- $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222089454

Florida Gulf Coast Multiple Listing Service

APN: 53550720007