NOT LISTED FOR SALE

195 Cypress Way E Unit 4 Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $246,000 - $279,000

2 Beds
2 Baths
1,216 Sq Ft
$333/mo HOA Fee

Last Sold April 06, 2018

Last sale price $180,000 $148 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,800/month

79 Days on Market

Highlights

  • Central Heating and Cooling System
  • Veterans Memorial Elementary School Rated A
  • Turnkey

About This Home

As of April 2018

This is a great opportunity to purchase a beautifully REMODELED unit in one of the most desirable locations in SWFL.... This 2 bedroom/ 2 bath condo in Palm River has been updated with tile floors throughout, crown molding, granite countertops, wine bar, new bathroom vanities and motorized roll down shutters, and quality furnishings just to name a few of the upgrades. Palm River's location in proximity to world renowned beaches, fine dining, and nightlife is what makes it one of the most sought-after communities for more than 30 years. Don't miss your opportunity to own a piece of paradise with this unit...all you'd need is your toothbrush and flip flops!

Last Agent to Sell the Property

Mike York

Downing Frye Realty Inc. Listed on: 11/15/2017

Downing Frye Realty Inc.

Co-Listed By

Morgan York

Downing Frye Realty Inc.

Last Buyer's Agent

David Johnston

John R Wood Properties

John R Wood Properties

Property Details

Home Type

  • Condominium

Year Built

  • 1979

HOA Fees

  • $333 per month

Parking

  • Deeded Parking

Home Design

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

Interior Spaces

  • 1,216 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Low-Rise Condominium
  • Cypress Gardens Condos

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Year Built

1979

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Legal Description: CYPRESS GARDENS CONDOMINIUM UNIT 4
  • Street View Param: 1$26.27764495096188$-81.7711811903165$286.68$13.33$1.00$16HrFV0jYJ3UkgvtpTmMdQ
  • Building Design: Low Rise (1-3)
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Icemaker, Self Cleaning Oven, Washer, Wine Cooler
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Tile
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Walk-In Closet, Window Coverings
  • Primary Bathroom: Dual Sinks, Shower Only
  • Furnished Description: Turnkey
  • Num Unit Floor: 1
  • Price Per Sq Ft: 148.03
  • Total Floors: 2

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Patio, Sprinkler Auto, Storage
  • Exterior Finish: Stucco
  • Irrigation: Reclaimed
  • Storm Protection: Electric Shutters
  • Windows: Single Hung
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Sewer: Central
  • Water: Central
  • Cooling: Central Electric
  • Heat: Central Electric

Condo/Co-op/Association

  • Amenities: Community Pool, Extra Storage, Internet Access
  • Community Type: Non-Gated
  • Maintenance: Insurance, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve, Sewer, Trash Removal, Water
  • Approval: Application Fee, Buyer
  • Management: Professional
  • Restrictions: Deeded, No Commercial
  • Sub Condo Name: CYPRESS GARDENS

Association/Amenities

  • Units in Building: 12
  • Total Number of Units: 12
  • Pets: Not Allowed
  • Development: Palm River

Fee Information

  • HOA Fees: 1000
  • HOA Fee Frequency: Quarterly
  • Application Fee: 100.00

Schools

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

Lot Info

  • Lot Description: Zero Lot Line
  • Rear Exposure: West
  • View: Lake
  • Waterfront: Lake
  • Section: 23
  • Total Area: 1216

Rental Info

  • Leases Per Year: 3
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
Apr 4, 2018
Sold by
Poseh Robert L
Bought by
Collins Elizabeth J and Elizabeth J Collns Revocable Trust
Seller's Agent
Mike York
Downing Frye Realty Inc.
Buyer's Agent
David Johnston
John R Wood Properties
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%
Current Estimated Value
$261,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,624
Avg. Annual Appreciation
4.96%
Original Mortgage
$100,000
Outstanding Balance
$85,918
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$175,706

Purchase Details

Closed on
Jun 15, 2012
Sold by
Posch Scott L
Bought by
Posch Robert L

Purchase Details

Closed on
Aug 13, 2007
Sold by
Posch Robert L
Bought by
Posch Robert L and Robert L Posch Revocable Living Trust

Purchase Details

Closed on
Jan 13, 1999
Sold by
Posch Robert L
Bought by
Posch Robert L and Posch Scott Robert

Purchase Details

Closed on
Aug 27, 1998
Sold by
Golden Patricia L
Bought by
Posch Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Collins Elizabeth J $180,000 Attorney
Posch Robert L -- None Available
Posch Robert L -- Attorney
Posch Robert L -- --
Posch Robert L $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Elizabeth J $100,000
Previous Owner Posch Robert L $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2018 04/06/18 Sold $180,000 -5.3% $148 / Sq Ft
02/02/2018 02/02/18 Pending -- -- --
01/14/2018 01/14/18 Price Changed $190,000 -2.6% $156 / Sq Ft
11/15/2017 11/15/17 For Sale $195,000 -- $160 / 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 $1,103 $157,238 -- --
2024 $1,080 $152,807 -- --
2023 $1,080 $148,356 $0 $0
2022 $1,101 $144,035 $0 $0
2021 $1,109 $139,840 $0 $139,840
2020 $1,098 $139,324 $0 $0
2019 $1,073 $136,192 $0 $136,192
2018 $1,475 $133,760 $0 $133,760
2017 $1,420 $127,680 $0 $127,680
2016 $1,421 $127,680 $0 $0
2015 $399 $71,227 $0 $0
2014 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike York

    Seller's Agent in 2018

    Mike York

    Downing Frye Realty Inc.

    (239) 261-2244

    17 Total Sales

    Mike York
    Section Image
  • Morgan York

    Seller Co-Listing Agent in 2018

    Morgan York

    Downing Frye Realty Inc.

    (239) 821-0150

    4 in this area

    36 Total Sales

    Morgan York
    Section Image
  • David Johnston

    Buyer's Agent in 2018

    David Johnston

    John R Wood Properties

    (239) 290-0044

    1 in this area

    58 Total Sales

    David Johnston
    Section Image
See All Agents

Map

Source: Naples Area Board of REALTORS®

MLS Number: 217069989

Naples Area Board of REALTORS®

APN: 29630160003

Florida Collier County Naples 34110 Palm River Estates

195 Cypress Way E Unit 4, 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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