NOT LISTED FOR SALE

180 Cypress Way E Unit B108 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $229,000 - $276,000

2 Beds
1.5 Baths
1,230 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $300,000 $244 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,988/month

124 Days on Market

Highlights

  • Community Cabanas
  • Eat-In Kitchen
  • Patio
  • Veterans Memorial Elementary School Rated A
  • Courtyard
  • Community Barbecue Grill

About This Home

As of May 2023

***Lowest priced*** 2 bedroom townhouse located in Palm River, one of North Naples most well known and desired community. Steps away from BBQ picnic area and community pool offering great entertainment and tremendous relaxation. Ideally located near Naples, FL finest beaches, shopping centers, I-75 and much more. This unit has endless potential for first time home buyers or investors. Ready for immediate occupancy.

Last Agent to Sell the Property

Pedro Pardo Jr

Downing Frye Realty Inc. License #249513199 Listed on: 01/06/2023

Downing Frye Realty Inc.

Last Buyer's Agent

Ann Lefcakis

KW Elevate Luxury License #249529493

KW Elevate Luxury

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1972

Lot Details

  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $472 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Detached Carport Space
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Patio

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

  • Legal Lot and Block 108 / B
  • Assessor Parcel Number 64820320003

Community Details

Overview

  • Association fees include management, insurance, irrigation water, legal/accounting, ground maintenance, pest control, reserve fund, road maintenance, trash, water
  • 48 Units
  • Association Phone (239) 514-7432
  • Palm Crest Villas Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Community Cabanas
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,831

Year Built

Built in 1972

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: PALM CREST VILLAS
  • Architectural Style: Two Story
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1972
  • Property Sub Type Additional: Townhouse
  • Association Fee 3 Frequency: Quarterly
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Eat-in Kitchen, Living/Dining Room, Split Bedrooms, Shower Only, Separate Shower, Cable TV, Upper Level Primary
  • Living Area: 1230.0
  • Stories: 2
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Courtyard, None, Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Two Spaces, Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Cabana, Barbecue, Picnic Area, Pool, Management
  • Phone: (239) 514-7432
  • Association: No
  • Pets Allowed: No
  • Common Interest: Condominium
  • HOA Fee 3: 1417.0

Fee Information

  • Association Fee Includes: Association Management, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Road Maintenance, 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 #: 64820320003

Multi Family

  • Number Of Units In Community: 48

Tax Info

  • Tax Annual Amount: 1830.56
  • Tax Block: B
  • Tax Lot: 108
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
May 10, 2023
Sold by
Hyatt Rachel
Bought by
Npzn Family Llc
Seller's Agent
Pedro Pardo Jr
Downing Frye Realty Inc.
Buyer's Agent
Ann Lefcakis
KW Elevate Luxury
List Price
$339,900
Sold Price
$300,000
Premium/Discount to List
-$39,900
-11.74%
Views
137
Current Estimated Value
$251,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,797
Avg. Annual Appreciation
-6.55%

Purchase Details

Listed on
Jun 12, 2019
Closed on
Mar 18, 2020
Sold by
Nance Timothy L and Nance Gayle G
Bought by
Hyatt Rachel
Seller's Agent
Donald Ward
Realty One Group MVP
Buyer's Agent
Jeff Anselm
Mint Real Estate
List Price
$149,900
Sold Price
$142,500
Premium/Discount to List
-$7,400
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.66%
Original Mortgage
$139,918
Interest Rate
3.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2005
Sold by
Shuler Ronald J and Shuler Barbara A
Bought by
Shuler Barbara A

Purchase Details

Closed on
Oct 25, 2002
Sold by
Nance Timothy L
Bought by
Nance Timothy L and Nance Gayle G

Purchase Details

Closed on
Aug 28, 2001
Sold by
Shannon Dennis
Bought by
Cleary Richard J

Purchase Details

Closed on
Dec 20, 1995
Sold by
Leo Lori Jane Hardy
Bought by
Hunter Robert C

Purchase Details

Closed on
Nov 2, 1993
Sold by
Provenzano Chris A and Gnipp Thomas A
Bought by
Tinkler Edward L and Nance Timothy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Npzn Family Llc $300,000 None Listed On Document
Hyatt Rachel $142,500 Bryant Title And Escrow Llc
Shuler Barbara A -- --
Nance Timothy L -- --
Cleary Richard J $75,000 --
Hunter Robert C $54,000 --
Tinkler Edward L $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hyatt Rachel $139,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $300,000 -11.7% $244 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $339,900 +138.5% $276 / Sq Ft
03/18/2020 03/18/20 Sold $142,500 -4.9% $116 / Sq Ft View Prior Sale
10/12/2019 10/12/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $149,900 -- $122 / 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 $2,350 $231,000 -- $231,000
2024 $2,143 $231,000 -- $231,000
2023 $2,143 $165,649 $0 $0
2022 $1,831 $150,590 $0 $0
2021 $1,513 $136,900 $0 $136,900
2020 $1,425 $126,471 $0 $0
2019 $1,368 $114,974 $0 $0
2018 $1,274 $104,522 $0 $0
2017 $1,198 $95,020 $0 $0
2016 $1,151 $86,382 $0 $0
2015 $1,031 $78,529 $0 $0
2014 -- $71,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223000957

Florida Gulf Coast Multiple Listing Service

APN: 64820320003