NOT LISTED FOR SALE

2870 Cypress Trace Cir Unit 1722 Naples, FL 34119

Cypress Woods Neighborhood

Estimated Value: $356,000 - $397,000

2 Beds
2 Baths
1,414 Sq Ft
2003 Built

Last Sold September 16, 2016

Last sale price $200,000 $141 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,305/month

67 Days on Market

About This Home

As of September 2016

This is a Freddie Mac HomeSteps property. Fantastic location! Just off Immokalee Rd & east of I-75, this 2 bedroom + den, 2 bath, 2nd floor condo in the gated Veranda I at Cypress Trace in Cypress Woods Golf & Country Club community features an UPDATED KITCHEN, FRESH PAINT THROUGHOUT, combo living/dining room, & laundry closet in residence. Enjoy tons of sunlight from the vaulted ceilings & sliding glass doors to the screened lanai! The eat-in kitchen has wood grain cabinets, STAINLESS STEEL appliances, tile backsplash, & breakfast bar overlooking the living/dining room! The master bedroom also features vaulted ceilings, a sliding glass door to the rear screened lanai, his & hers walk-in closets, & a private master bath with dual sinks & glass shower. The 2nd bathroom has a combo tub & shower. Choose to relax on your front or rear lanai while overlooking the picturesque lake & golf course views! This property is approved for Homesteps Financing. Being sold AS-IS, WHERE-IS. All information and property details are deemed reliable but not guaranteed and should be independently verified if any person intends to engage in a transaction based upon it.

Last Agent to Sell the Property

Robert Cuccinello

Homes and Land Brokers Inc License #NAPLES-611000576 Listed on: 05/26/2016

Last Buyer's Agent

Sharon Kennedy

John R Wood Properties License #NAPLES-249514242

John R Wood Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,703

Year Built

  • 2003

Interior Spaces

  • 1,414 Sq Ft Home
  • 2-Story Property

Community Details

Overview

  • $3,000 Additional Association Fee
  • $275 Secondary HOA Transfer Fee
  • Low-Rise Condominium
  • Cypress Trace Condos

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,703

Year Built

2003

Lot Details

0

Listing Details

  • Legal Description: VERANDA I AT CYPRESS TRACE A CONDOMINIUM BLDG 17-1722
  • Building Design: Low Rise (1-3)
  • Special Features: 20
  • Property Sub Type: Condos
  • Year Built: 2003

Interior Features

  • Additional Rooms: Laundry in Residence, Screened Lanai/Porch
  • Bedrooms and Dens: 2+Den
  • Dining Room: Breakfast Bar, Living Dining, Eat-in Kitchen
  • Equipment: Dryer, Microwave, Washer, Dishwasher, Range
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Vaulted Ceiling, Walk-In Closet
  • Primary Bathroom: Dual Sinks, Shower Only
  • Furnished Description: Unfurnished
  • Num Unit Floor: 2
  • Price Per Sq Ft: 141.44
  • Total Floors: 2

Exterior Features

  • Roof: Tile
  • Construction: Concrete Block
  • Exterior Finish: Stucco
  • Road: Paved Road
  • Windows: Double Hung

Garage/Parking

  • Garage Description: Detached
  • Garage Spaces: 1

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Security: Gated
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Amenities: Community Pool, Fitness Center Attended, Tennis Court
  • Community Type: Gated
  • Maintenance: Cable, Insurance, Lawn/Land Maintenance, Manager, Pest Control Exterior, Recreational Facilities, Reserve, Sewer, Trash Removal, Water
  • Management Company Phone: 239-641-1400
  • Management: Professional
  • Sub Condo Name: CYPRESS TRACE

Association/Amenities

  • Units in Building: 16
  • Total Number of Units: 430
  • Pets: With Approval
  • Pets Limit Other: Owners only. 2 domestic pets allowed.
  • Development: Cypress Woods Golf And Country Club

Fee Information

  • HOA Fees: 928
  • HOA Fee Frequency: Quarterly
  • Mandatory Club Fee: 600
  • Mandatory Club Fee Frequency: Annually
  • Master HOA Fee: 4396
  • Master HOA Fee Frequency: Annually
  • Transfer Fees: 275.00
  • 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

  • Lot Description: Zero Lot Line
  • Rear Exposure: South
  • View: Golf Course, Lake
  • Lot Unit: 1722
  • Section: 19
  • Total Area: 1414

Rental Info

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

Tax Info

  • Tax Description: County Only, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Sep 16, 2016
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wharton Scott and Wharton Melanie
Seller's Agent
Robert Cuccinello
Homes and Land Brokers Inc
Buyer's Agent
Sharon Kennedy
John R Wood Properties
List Price
$239,900
Sold Price
$200,000
Premium/Discount to List
-$39,900
-16.63%
Current Estimated Value
$376,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,527
Avg. Annual Appreciation
7.45%
Original Mortgage
$100,000
Outstanding Balance
$81,164
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$295,682

Purchase Details

Closed on
Jun 2, 2016
Sold by
Fifth Third Mortgage Company
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Pedersen Marisol and Pedersen Geir
Bought by
Fifth Third Mortgage Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2004
Sold by
Mcclure Bruce
Bought by
Pedersen Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,520
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
U S Home Corp
Bought by
Mcclure Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,881
Interest Rate
5.87%

Purchase Details

Closed on
Sep 26, 2003
Sold by
U S Home Corp
Bought by
Mcclure Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,881
Interest Rate
6.28%
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
Wharton Scott $200,000 None Available
Federal Home Loan Mortgage Corporation -- None Available
Fifth Third Mortgage Company $80,500 None Available
Pedersen Marisol $236,900 Millenium Title
Mcclure Bruce -- --
Mcclure Bruce $162,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wharton Scott $100,000
Previous Owner Federal Home Loan Mortgage Corporation $100,000
Previous Owner Pedersen Geir $250,000
Previous Owner Pedersen Marisol $189,520
Previous Owner Mcclure Bruce $145,881
Previous Owner Mcclure Bruce $145,881
Closed Pedersen Marisol $47,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $200,000 -11.1% $141 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
06/28/2016 06/28/16 Price Changed $224,900 -6.3% $159 / Sq Ft
05/26/2016 05/26/16 For Sale $239,900 -- $170 / 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 $2,703 $218,831 $0 $0
2022 $2,333 $198,937 $0 $0
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 $1,936 $176,610 $0 $176,610
2016 $915 $121,545 $0 $0
2015 $923 $120,700 $0 $0
2014 $924 $69,742 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Cuccinello

    Seller's Agent in 2016

    Robert Cuccinello

    Homes and Land Brokers Inc

    (973) 936-8600

    64 Total Sales

    Robert Cuccinello
    Section Image

  • S

    Buyer's Agent in 2016

    Sharon Kennedy

    John R. Wood Properties

    (239) 595-2032

    16 in this area

    70 Total Sales

    Sharon Kennedy
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216036032

Naples Area Board of REALTORS®

APN: 79873000161

Florida Collier County Naples 34119 Cypress Woods

2870 Cypress Trace Cir Unit 1722, Naples, FL

This home is located at 2870 Cypress Trace Cir Unit 1722, Naples, FL 34119 since 26 May 2016 and is currently estimated at $376,527, approximately $266 per square foot. This property was built in 2003. 2870 Cypress Trace Cir Unit 1722 is a home located in Collier County with nearby schools including Veterans Memorial Elementary School, North Naples Middle School, and Montessori Academy Of Naples.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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