NOT LISTED FOR SALE

195 Cypress Way E Unit 1 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $265,000 - $294,000

2 Beds
2 Baths
1,216 Sq Ft
$467/mo HOA Fee

Last Sold May 03, 2024

Last sale price $318,500 $262 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,148/month

90 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • High Impact Windows
  • Veterans Memorial Elementary School Rated A
  • Electric Shutters
  • Concrete Block With Brick

About This Home

As of May 2024

Lovely 2 bedroom & 2 bath condo 55 and older located in Cypress Gardens with outstanding views. This impeccably maintained interior is completely move-in ready. This home features an open floor plan with a split bedroom layout that is extremely desirable. Gorgeous Kitchen featuring newer cabinets "2021" tile backsplash, SS appliances, granite countertops. The Master Suite includes an oversized bedroom, with walk in closet - The Master Bath has large walk-in tile shower and double bowl sinks. Your screened-in oversized lanai looks out onto the lake & pool. Bonus features electric roll-down aluminum hurricane shutters in lanai "2017" & New hurricane windows "2020". Upgraded flooring, newer ceiling fixtures and fans in addition a 5x5 storage area. Come see everything this stunning condo has to offer. LOW HOA community. 55 and older.

Last Agent to Sell the Property

JoAnne McGinnis

INACTIVE AGENT ACCT License #NAPLES-378500355 Listed on: 01/06/2024

INACTIVE AGENT ACCT

Last Buyer's Agent

Mario Furillo

EXP Realty LLC

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,191

Year Built

  • Built in 1979

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • 1 Detached Carport Space

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Shutters
  • Double Hung Windows
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29630040000

Community Details

Overview

  • 12 Units
  • Low-Rise Condominium
  • Cypress Gardens Condos
  • Palm River Community
  • Mandatory home owners association

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,191

Year Built

Built in 1979

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Legal Description: CYPRESS GARDENS CONDOMINIUM UNIT 1
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.277913$-81.77159$194.76$13.33$1.00$nL745idTXxV82KERDih3wA
  • Building Design: Low Rise (1-3)
  • Building Description: Other
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows, Electric Shutters
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 261.92
  • Total Floors: 1
  • Additional Rooms: None
  • Estimated Living Area: 1216
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2 Bed
  • Total Bedrooms: 2
  • Dining Room: Living Dining
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Double Hung, Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Assessment Paid
  • View: Water
  • Exterior Features: Patio
  • Exterior Finish: Stucco, Wood Siding
  • Waterfront Type: Lake

Garage/Parking

  • Carport Description: Detached
  • Carport Spaces: 1

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Housing For Older Persons
  • Sub Condo Name: CYPRESS GARDENS
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Pest Control Exterior, Pest Control Interior, Trash Removal
  • Master Hoa Fee: 1400
  • Master HOA Fee Frequency: Quarterly
  • Development Name: PALM RIVER

Association/Amenities

  • Pets: Not Allowed
  • Development: Palm River
  • Amenities: Community Pool, Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 12
  • Total Number of Units: 12

Lot Info

  • Builder Product: No
  • Section: 23
  • Total Area: 1361
  • Waterfront: Yes
  • Rear Exposure: West
  • Lot Description: Other
  • Parcel Number: 29630040000

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 90

Tax Info

  • Tax Description: City And County, No Homestead
  • Taxes: 2190.98
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Stuart Lainie
Bought by
Lainie Stuart Living Trust and Stuart
Current Estimated Value
$277,629

Purchase Details

Listed on
Jan 6, 2024
Closed on
May 3, 2024
Sold by
Lucian And Kathleen Spataro Trust and Spataro Lucian P
Bought by
Stuart Lainie
Seller's Agent
JoAnne McGinnis
INACTIVE AGENT ACCT
Buyer's Agent
Mario Furillo
EXP Realty LLC
List Price
$339,900
Sold Price
$318,500
Premium/Discount to List
-$21,400
-6.3%
Views
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
-8.03%

Purchase Details

Closed on
Jan 5, 2022
Sold by
Spataro Jr Lucian P and Spataro Kathleen L
Bought by
Lucian And Kathleen Spataro Trust

Purchase Details

Closed on
Dec 27, 2021
Sold by
Spataro Jr Lucian P and Spataro Kathleen L
Bought by
Lucian And Kathleen Spataro Trust

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 15, 2016
Sold by
Haverly Richard B and Haverly Eleanor F
Bought by
Spataro Lucian P and Spataro Kathleen L
Seller's Agent
James Meehan
John R Wood Properties
Buyer's Agent
James Meehan
John R Wood Properties
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$101,500
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mcglynchey Michael P
Bought by
Haverly Richard B and Haverly Eleanor F

Purchase Details

Closed on
Jul 21, 2005
Sold by
Mcglynchey Michael and Clarkson Denise A
Bought by
Michael P Mcglynchey Trust and Denise A Clarkson Revocable Living Trust

Purchase Details

Closed on
Feb 15, 2001
Sold by
Sitzman Flora R
Bought by
Clarkson Denise A and Mcglynchey Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
7.03%
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
Lainie Stuart Living Trust -- None Listed On Document
Stuart Lainie $317,500 None Listed On Document
Lucian And Kathleen Spataro Trust -- Kash Law Offices Llc
Lucian And Kathleen Spataro Trust -- Kash Law Offices Llc
Spataro Lucian P $145,000 Attorney
Haverly Richard B $152,500 First Boston Title
Michael P Mcglynchey Trust -- --
Clarkson Denise A $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spataro Lucian P $101,500
Previous Owner Clarkson Denise A $67,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $318,500 -3.5% $262 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $329,900 -1.5% $271 / Sq Ft
02/13/2024 02/13/24 Price Changed $334,900 -1.5% $275 / Sq Ft
01/06/2024 01/06/24 For Sale $339,900 +134.4% $280 / Sq Ft
04/18/2016 04/18/16 Sold $145,000 -9.4% $107 / Sq Ft View Prior Sale
01/23/2016 01/23/16 Pending -- -- --
12/16/2015 12/16/15 For Sale $160,000 0.0% $118 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
07/19/2015 07/19/15 Price Changed $160,000 -5.9% $118 / Sq Ft
03/11/2015 03/11/15 For Sale $170,000 -- $125 / 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 $2,661 $264,440 -- $264,440
2024 $2,462 $250,610 -- --
2023 $2,462 $227,827 $0 $0
2022 $2,191 $207,115 $0 $207,115
2021 $1,567 $141,840 $0 $141,840
2020 $1,553 $141,840 $0 $141,840
2019 $1,525 $138,192 $0 $138,192
2018 $1,497 $135,760 $0 $135,760
2017 $1,443 $129,680 $0 $129,680
2016 $1,185 $85,754 $0 $0
2015 $1,032 $77,958 $0 $0
2014 -- $70,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    JoAnne McGinnis

    INACTIVE AGENT ACCT

    Section Image

  • M

    Buyer's Agent in 2024

    Mario Furillo

    EXP Realty LLC

    (330) 619-0563

    1 in this area

    17 Total Sales

    Mario Furillo
    Section Image

  • J

    Seller's Agent in 2016

    James Meehan

    John R. Wood Properties

    (239) 216-0910

    8 in this area

    15 Total Sales

    James Meehan
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 224001970

Naples Area Board of REALTORS®

APN: 29630040000

Florida Collier County Naples 34110 Palm River Estates

195 Cypress Way E Unit 1, Naples, FL

Not Listed for Sale

Condos

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Naples Area Board of REALTORS® The source of this real property information is the copyrighted and proprietary database compilation of the M.L.S. of Naples, Inc. Copyright 2025 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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