NOT LISTED FOR SALE

Estimated Value: $652,000 - $881,000

2 Beds
2.5 Baths
2,432 Sq Ft
$748/mo HOA Fee

Last Sold October 25, 2021

Last sale price $575,000 $236 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,957/month

5 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Clubhouse
  • Laurel Oak Elementary School Rated A
  • Gated with Attendant
  • Vaulted Ceiling

About This Home

As of October 2021

Step into this stunning villa located in the upscale gated community of Olde Cypress! This exceptionally well maintained and upgraded home features a spacious open concept floor plan. Enjoy the serene and private backyard setting, perfect for both entertaining and relaxation. The nearly 350 sq. ft. glassed, tiled and air-conditioned lanai provides year round living space, and opens to a gorgeous, recently built 700 sq. ft. lanai cage with travertine pavers and custom water feature. The remodeled kitchen has 42" cabinets, granite counters, stainless steel appliances and built-in banquette. Custom design features include volume tray ceilings, architectural moldings and Brazilian walnut flooring. Additional upgrades include: New roof 2018, plantation shutters, newly installed LED lighting and fans, a/c and epoxy floors in garage and new washer/dryer. The P.B.Dye championship golf course is currently being renovated with new tift eagle greens and tee boxes and will reopen this Fall. The 36,000 sq. ft. clubhouse features fine dining and a full set of social activities. The club offers a community pool, Har Tru tennis courts, pickleball and a fitness center. Golf Membership not required.

Last Agent to Sell the Property

Fadia Rassi

Realty One Group MVP Listed on: 09/01/2021

Realty One Group MVP

Last Buyer's Agent

Sandra McCarthy-Meeks

Premier Sotheby's Int'l Realty License #NAPLES-251500595

Premier Sotheby's Int'l Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 2001

Lot Details

  • Cul-De-Sac
  • North Facing Home
  • Gated Home
  • Privacy Fence
  • Sprinkler System

HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • On-Street Parking
  • Deeded Parking

Home Design

  • Villa
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Metal Construction or Metal Frame
  • Stucco
  • Tile

Interior Spaces

  • 2,432 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • 6 Ceiling Fans
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Formal Dining Room
  • Home Office
  • Sun or Florida Room
  • Screened Porch
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Patio
  • Lanai

Schools

  • Laurel Oak Elementary School
  • Oakridge Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 72590004706

Community Details

Overview

  • $2,000 Secondary HOA Transfer Fee
  • 2 Units
  • Santorini Villas Condos

Amenities

  • Restaurant
  • Clubhouse
  • Business Center

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool or Spa Combo

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,406

Year Built

Built in 2001

Lot Details

0

HOA Fees

$748 per month

Parking

2

Listing Details

  • Legal Description: SANTORINI VILLAS AT OLDE CYPRESS LOT 3
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.28726114746196$-81.716406081457$342.02$13.33$1.00$
  • Building Design: Villa Attached
  • Building Description: 1 Story/Ranch
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 6
  • Num Unit Floor: 1
  • Price Per Sq Ft: 236.43
  • Total Floors: 1
  • Additional Rooms: Florida Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Open Porch/Lanai, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 2432
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedroom Description: Master BR Ground, Split Bedrooms
  • Bedrooms: 2+Den
  • Total Bedrooms: 2
  • Dining Room: Breakfast Bar, Eat-in Kitchen, Formal
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator/Freezer, Security System, Smoke Detector, Washer
  • Flooring: Carpet, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Coffered Ceiling, High Speed Available, Laundry Tub, Pantry, Smoke Detectors, Tray Ceiling, Vaulted Ceiling, Walk-In Closet, Window Coverings
  • Kitchen: Island, 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, Metal Frame
  • Irrigation: Reclaimed
  • Road: Cul-De-Sac, Paved Road, Private Road
  • View: Landscaped Area
  • Exterior Features: Patio, Privacy Wall, Sprinkler Auto
  • Exterior Finish: Stucco

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: Driveway Paved, Street

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Heat Pump, Wall Unit
  • Heat: Central Electric, Wall Unit
  • Security: Alarm, Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management Company Phone: 239-649-6357
  • Approval: Application Fee
  • Management: Professional
  • Mandatory HOA: No
  • Restrictions: Deeded, No Commercial, No RV, No Truck
  • Sub Condo Name: SANTORINI VILLAS
  • HOA Fees: 1269
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Master Association Fee Incl, Pest Control Exterior, Pest Control Interior, Reserve, Sewer, Street Lights, Street Maintenance, Trash Removal, Water
  • Club Fee Mandatory: 3897
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: With Approval
  • Development: Olde Cypress
  • Amenities: Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Fitness Center Attended, Golf Course, Internet Access, Pickleball, Restaurant, Streetlight, Tennis Court
  • Community Type: Gated, Golf Course, Tennis
  • Units In Building: 2
  • Total Number of Units: 54

Fee Information

  • Transfer Fees: 2000.00
  • Application Fee: 100.00

Schools

  • Elementary School: LAUREL OAK ELEMENTARY SCHOOL
  • Middle School: OAKRIDGE MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Laurel Oak Elementary School
  • High School: Gulf Coast High School
  • Middle School: Oakridge Middle School

Lot Info

  • Builder Product: Yes
  • Lot Unit: 3
  • Section: 21
  • Total Area: 2655
  • Waterfront: No
  • Acres: 0.1500
  • Rear Exposure: North
  • Lot Description: Zero Lot Line
  • Parcel Number: 72590004706

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 4
  • Min Days Of Lease: 30

Tax Info

  • Tax Description: City And County
  • Tax District Type: Municipal Service Tax Developmen
  • Taxes: 3406.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2021
Closed on
Oct 21, 2021
Sold by
Makki Nancy A
Bought by
Derenzo George T
Seller's Agent
Fadia Rassi
Realty One Group MVP
Buyer's Agent
Sandra McCarthy-Meeks
Premier Sotheby's Int'l Realty
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%
Current Estimated Value
$719,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,058
Avg. Annual Appreciation
7.23%
Original Mortgage
$448,000
Outstanding Balance
$409,420
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$346,692

Purchase Details

Closed on
Oct 17, 2013
Sold by
Makki James F and Makki Nancy A
Bought by
Makki Nancy A

Purchase Details

Closed on
Jan 24, 2011
Sold by
Connor Howard and Connor Peggy Hollis
Bought by
Makki James F and Makki Nancy A

Purchase Details

Closed on
Oct 23, 2001
Sold by
Santorini Villas Dev L L C
Bought by
Connor Howard and Connor Peggy Hollis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.85%

Purchase Details

Closed on
Feb 8, 2001
Sold by
Olde Cypress Dev Ltd
Bought by
Santorini Villas Dev L L C
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
Derenzo George T $575,000 Citywide Title Corporation
Makki Nancy A -- Attorney
Makki James F $255,000 Attorney
Connor Howard $316,000 --
Santorini Villas Dev L L C $236,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derenzo George T $448,000
Previous Owner Connor Howard $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2021 10/25/21 Sold $575,000 +1.8% $236 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $565,000 -- $232 / 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 $4,936 $511,159 $173,060 $338,099
2024 $5,557 $527,830 $127,066 $400,764
2023 $5,557 $580,067 $138,115 $441,952
2022 $6,461 $595,405 $125,208 $470,197
2021 $3,489 $337,677 $0 $0
2020 $3,406 $333,015 $0 $0
2019 $3,345 $325,528 $61,583 $263,945
2018 $3,283 $320,796 $0 $0
2017 $3,081 $300,474 $0 $0
2016 $2,997 $294,294 $0 $0
2015 $3,020 $292,248 $0 $0
2014 $3,033 $240,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 221062832

Naples Area Board of REALTORS®

APN: 72590004706