NOT LISTED FOR SALE

2718 Olde Cypress Dr Unit 1 Naples, FL 34119

Olde Cypress Neighborhood

Estimated Value: $1,419,000 - $2,010,000

3 Beds
3 Baths
2,888 Sq Ft
$559/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $835,000 $289 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $9,469/month

111 Days on Market

About This Home

As of March 2015

Wow! An opportunity to own one of the most immaculate, highly-upgraded great room homes in all of Olde Cypress, with water and golf views can be yours now, at an amazing price! This 3 BR+den, 3-car garage pool home is the Magnolia floor plan by Empire

Last Listed By

Carol Wilsey

INACTIVE AGENT ACCT License #NAPLES-249501688 Listed on: 10/25/2014

Property Details

Home Type

Other

Est. Annual Taxes

$6,148

Year Built

2004

Lot Details

0

Listing Details

  • Special Features: None
  • Year Built: 2004

Interior Features

  • Additional Rooms: Great Room, Guest Bath, Guest Room, Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Split Bedrooms
  • Bedrooms and Dens: 3+Den
  • Dining Room: Breakfast Room, Formal
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Gas Grill, Microwave, Refrigerator, Security System, Smoke Detector, Washer
  • Floor Plan: Great Room, Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Closet Cabinets, French Doors, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling, Volume Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, Pantry
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Room Count: 8

Exterior Features

  • Construction: Concrete Block
  • Exterior Features: Built In Grill, Outdoor Kitchen, Patio, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Lake/Canal
  • Private Pool: Below Ground, Concrete, Heated Electric
  • Private Spa: Below Ground, Concrete, Heated Electric
  • Road: Paved Road
  • Roof: Tile
  • Storm Protection: Shutters Manual
  • Windows: Single Hung, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Driveway Paved

Utilities

  • Cooling: Ceiling Fans, Central Electric
  • Heating: Central Electric
  • Security: Monitored Alarm, Gated, Guard At Gate, Patrolled, Private Security System
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Bocce Court, Clubhouse, Community Pool, Community Room, Exercise Room, Golf Course, Internet Access, Library, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Golf Non Equity, Tennis
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Recreational Facilities, Reserve, Security, Street Lights, Street Maintenance

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 549

Fee Information

  • HOA Fees: 1200
  • HOA Fee Frequency: Quarterly
  • Mandatory Club Fee: 2695
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 411
  • Master HOA Fee Frequency: Quarterly

Lot Info

  • Lot Description: Golf Course, Irregular Shape
  • Rear Exposure: Southeast
  • View: Golf Course, Lake
  • Waterfront: Lake
  • Lot Dimensions: 120 X 160 X 53 X 152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2014
Closed on
Mar 31, 2015
Sold by
Mitchell Donald E
Bought by
Mitchell Nina
Seller's Agent
Carol Wilsey
INACTIVE AGENT ACCT
Buyer's Agent
Linda Sandlin
Re/Max Alliance Group
List Price
$899,900
Sold Price
$835,000
Premium/Discount to List
-$64,900
-7.21%
Total Days on Market
111
Current Estimated Value
$1,615,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780,669
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Oct 17, 2008
Sold by
Mitchell Nina
Bought by
Mitchell Nina

Purchase Details

Closed on
Aug 26, 2005
Sold by
Mitchell Donald E and Mitchell Nina
Bought by
Mitchell Nina

Purchase Details

Closed on
May 4, 2004
Sold by
Nellis Stephen and Nellis Merrilee A
Bought by
Mitchell Donald E and Mitchell Nina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Knott Gregory A $835,000 Attorney
Mitchell Nina -- None Available
Mitchell Nina -- --
Mitchell Donald E $779,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Donald E $250,000
Previous Owner Mitchell Donald E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2015 03/31/15 Sold $835,000 -7.2% $289 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
10/25/2014 10/25/14 For Sale $899,900 -- $312 / 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
2023 $6,148 $645,274 $0 $0
2022 $6,369 $626,480 $0 $0
2021 $6,438 $608,233 $0 $0
2020 $6,285 $599,835 $0 $0
2019 $6,180 $586,349 $104,878 $481,471
2018 $7,403 $700,241 $124,432 $575,809
2017 $7,515 $705,009 $131,542 $573,467
2016 $7,384 $694,794 $0 $0
2015 $6,355 $592,078 $0 $0
2014 $6,367 $537,379 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 214058988

Naples Area Board of REALTORS®

APN: 64625000900