NOT LISTED FOR SALE

2977 Cypress St Naples, FL 34112

East Naples Neighborhood

Estimated Value: $1,075,080 - $1,506,000

0.52 Acre
$2,439,942 Price per Acre
22,651 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $1,200,000

Est. 6% increase in value since last sale

Current estimated payment $7,067/month

118 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • 0.52 Acre Lot
  • Naples High School Rated A-
  • Home fronts a creek
  • Canal Access

About This Lot

As of May 2023

Oversized Waterfront lot on intersecting waterways with no Bridge Access to the Gulf of Mexico. Build one big estate home or use it for a small multifamily project. Located in the upcoming Bayshore area with many new restaurants and new communities. Close to Downtown, the beaches and the Botanical Garden.

Last Agent to Sell the Property

Michael Kolb

Downing Frye Realty Inc. License #249518125 Listed on: 01/26/2023

Downing Frye Realty Inc.

Last Buyer's Agent

Michael Kolb

Downing Frye Realty Inc. License #249518125 Listed on: 01/26/2023

Downing Frye Realty Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,235

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 135 x 110 x 176 x 110
  • Home fronts a creek
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home
  • Corner Lot
  • Oversized Lot

Property Views

  • Canal
  • Creek or Stream

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 29830240008

Community Details

Overview

  • Demere Landing Subdivision

Recreation

  • Boat Dock
  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$8,235

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.52
  • Lot Size: 135 x 110 x 176 x 110
  • Road Surface Type: Paved
  • Subdivision Name: DEMERE LANDING
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Dead End, Oversized Lot, Cul-De-Sac
  • View: Canal, Partial Buildings, Creek/Stream, Water
  • View: Yes
  • Waterfront Features: Canal Access, Creek, Intersecting Canal, Navigable Water, Seawall
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Multi-Family, Single Family
  • Parcel #: 29830240008

Tax Info

  • Tax Annual Amount: 8234.66
  • Tax Block: 0
  • Tax Lot: 42
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 25, 2023
Sold by
Truitt Jesse P
Bought by
3 On Cypress Llc
Seller's Agent
Michael Kolb
Downing Frye Realty Inc.
Buyer's Agent
Michael Kolb
Downing Frye Realty Inc.
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Views
9
Current Estimated Value
$1,268,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,770
Avg. Annual Appreciation
2.20%
Original Mortgage
$200,000
Outstanding Balance
$194,619
Interest Rate
6.57%
Estimated Equity
$1,074,151

Purchase Details

Closed on
Jul 3, 2003
Sold by
Truitt Jose J and Truitt Jesse P
Bought by
Truitt John J and Langan Jill Truitt

Purchase Details

Closed on
Jan 8, 2002
Sold by
Truitt John J and Langan Jill Truitt
Bought by
Truitt John J and Truitt Jesse P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2000
Sold by
Truitt Alice
Bought by
Truitt John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
8.02%

Purchase Details

Closed on
Sep 4, 1996
Sold by
Worthington Gloria
Bought by
Truitt Alice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
3 On Cypress Llc $1,200,000 None Listed On Document
Truitt Jesse P -- None Listed On Document
Truitt John J $91,700 --
Truitt John J -- --
Truitt John J -- --
Truitt John J $268,000 --
Truitt Alice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3 On Cypress Llc $200,000
Previous Owner Truitt John J $247,000
Previous Owner Truitt John J $209,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold $1,200,000 -14.2% --
05/24/2023 05/24/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $1,399,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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 $5,268 $422,400 $422,400 --
2024 $9,973 $401,280 $401,280 --
2023 $9,973 $521,238 $0 $0
2022 $8,235 $473,853 $0 $0
2021 $6,627 $430,775 $0 $0
2020 $7,599 $391,614 $0 $0
2019 $6,523 $356,013 $0 $0
2018 $6,194 $323,648 $0 $0
2017 $5,755 $294,225 $0 $0
2016 $6,733 $267,477 $0 $0
2015 $7,654 $243,161 $0 $0
2014 $3,293 $221,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Michael Kolb

    Downing Frye Realty Inc.

    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223006955

Florida Gulf Coast Multiple Listing Service

APN: 29830240008

Florida Collier County Naples 34112 East Naples

2977 Cypress St, Naples, FL

Not Listed for Sale

Lots

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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

Nearby Homes