NOT LISTED FOR SALE

2840 Cypress Trace Cir Unit 1924 Naples, FL 34119

Cypress Woods Neighborhood

Estimated Value: $342,562 - $405,000

2 Beds
2 Baths
1,413 Sq Ft
$810/mo HOA Fee

Last Sold May 14, 2021

Last sale price $251,013 $178 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,156/month

5 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Private Membership Available
  • Veterans Memorial Elementary School Rated A
  • Carriage House
  • Clubhouse

About This Home

As of May 2021

Rarely available... 2BR+den, 2BA with 1 car garage and bundled golf for under $250,000! This 2nd floor turnkey, furnished condo in Cypress Trace has been well cared for, shows light and bright, has an expansive eastern exposure lake view from the rear lanai and main living areas, and is move in ready. With over 1,400 sq ft of a/c living area plus its 2 screened lanais, this unit offers quiet privacy, beautiful views and great year-round outdoor living. Features new porcelain tile throughout main living areas, new carpet in bedrooms, newer A/C and hot water heater, and quality furnishings from Haverty's and Baers. The Verandas I association has replaced the roofs, painted all buildings and replaced exterior lighting within the last few years so the association is in good shape. The Cypress Woods clubhouse completed major renovations recently and has a new fresh look that offers elegant fine dining and/or a lighter fare in the relaxed atmosphere of the Grille Room. The club also has fitness, pickle ball, bocce, tennis and more.... Come and see!

Last Agent to Sell the Property

Nancy Lewis

Premiere Plus Realty Company License #NAPLES-249501798 Listed on: 04/01/2021

Premiere Plus Realty Company

Last Buyer's Agent

David Ward

Realty One Group MVP License #NAPLES-249521807

Realty One Group MVP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 2003

Lot Details

  • Lake Front
  • East Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

Parking

  • 1 Car Detached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Carriage House
  • Turnkey
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 1,413 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 79873000721
  • Tax Block 19

Community Details

Overview

  • $3,000 Additional Association Fee
  • $250 Secondary HOA Transfer Fee
  • 12 Units
  • Private Membership Available
  • Low-Rise Condominium
  • Cypress Trace Condos

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green
  • Bike Trail

Pet Policy

  • Pets up to 25 lbs
  • Call for details about the types of pets allowed
  • 2 Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,924

Year Built

Built in 2003

Lot Details

0

HOA Fees

$810 per month

Parking

1

Listing Details

  • Legal Description: VERANDA I AT CYPRESS TRACE A CONDOMINIUM BLDG 19-1924
  • Property Type: Residential
  • Table: Residential
  • Building Design: Low Rise (1-3)
  • Building Description: 2 Story, Carriage/Coach
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Num Unit Floor: 2
  • Price Per Sq Ft: 177.65
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 1413
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Auto Garage Door, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room
  • Interior Amenities: Cable Prewire, Fire Sprinkler, High Speed Available, Smoke Detectors, Walk-In Closet, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Single Hung, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: No
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Lake/Canal
  • Road: Paved Road
  • View: Lake
  • Exterior Features: Sprinkler Auto, Tennis Court
  • Exterior Finish: Stucco
  • Waterfront Type: Lake

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1
  • Parking: Deeded, Driveway Paved

Utilities

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

Condo/Co-op/Association

  • Management Company Phone: 239-645-4187
  • Approval: Application Fee
  • Management: Condo
  • Mandatory HOA: Yes
  • Restrictions: Deeded, No Commercial, No RV
  • Sub Condo Name: CYPRESS TRACE
  • Condo Fees: 960
  • Condo Fee Frequency: Quarterly
  • Maintenance: Cable, Golf Course, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Recreational Facilities, Repairs, Reserve, Sewer, Street Maintenance, Water
  • Master Hoa Fee: 5881
  • Master HOA Fee Frequency: Annually

Association/Amenities

  • Pets: Limits
  • Pets Limit Max Number: 2
  • Pets Limit Max Weight: 25
  • Development: Cypress Woods Golf And Country Club
  • Amenities: Bike And Jog Path, Clubhouse, Community Pool, Community Spa/Hot tub, Exercise Room, Golf Course, Internet Access, Pickleball, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 12
  • Total Number of Units: 40

Fee Information

  • Transfer Fees: 250.00
  • Application Fee: 100.00
  • One Time Other Fee: 3000

Schools

  • Elementary School: VETERANS MEMORIAL EL
  • Middle School: NORTH NAPLES MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 1924
  • Section: 19
  • Total Area: 1701
  • Waterfront: Yes
  • Rear Exposure: East
  • Lot Description: Zero Lot Line
  • Parcel Number: 79873000721

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 12
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: County Only, No Homestead
  • Taxes: 1924.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 14, 2021
Sold by
Caproni Richard F and Caproni Cynthia A
Bought by
Steele Douglas J and Steele Julianne
Seller's Agent
Nancy Lewis
Premiere Plus Realty Company
Buyer's Agent
David Ward
Realty One Group MVP
List Price
$247,500
Sold Price
$251,013
Premium/Discount to List
$3,513
1.42%
Current Estimated Value
$378,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,628
Avg. Annual Appreciation
10.12%
Original Mortgage
$202,500
Outstanding Balance
$185,717
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$189,896

Purchase Details

Closed on
Jun 4, 2014
Sold by
Faltas Assanassios M and Marks Catherine
Bought by
Caproni Richard F and Caproni Cynthia A

Purchase Details

Closed on
Sep 11, 2009
Sold by
Musanti James and Musanti Linda
Bought by
Faltas Dr Assanassios M and Marks Dr Catherine

Purchase Details

Closed on
Aug 22, 2005
Sold by
Fine Jerald A
Bought by
Musanti James and Musanti Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Birdsall William and Birdsall Stephanie
Bought by
Fine Jerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,700
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2003
Sold by
U S Home Corp
Bought by
Birdsall William and Birdsall Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,024
Interest Rate
5.97%
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
Steele Douglas J $251,013 Omega National Title Agency
Caproni Richard F $165,500 Noble Title & Trust Llc
Faltas Dr Assanassios M $150,000 Attorney
Musanti James $395,000 U S Title & Trust
Fine Jerald A $343,000 Us Title & Trust
Birdsall William $176,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steele Douglas J $202,500
Closed Steele Douglas J $192,000
Previous Owner Musanti James $200,000
Previous Owner Musanti James C $155,500
Previous Owner Fine Jerald A $308,700
Previous Owner Birdsall William $141,024
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $251,013 +1.4% $178 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $247,500 -- $175 / 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 $3,045 $280,819 $0 $0
2022 $2,671 $255,290 $0 $255,290
2021 $1,975 $180,852 $0 $180,852
2020 $1,924 $178,024 $0 $178,024
2019 $1,877 $172,368 $0 $172,368
2018 $1,874 $172,368 $0 $172,368
2017 $1,922 $174,224 $0 $0
2016 $1,778 $158,385 $0 $0
2015 $1,602 $143,986 $0 $0
2014 $1,510 $134,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221023817

Naples Area Board of REALTORS®

APN: 79873000721