372 Cypress Way W Naples, FL 34110
Palm River Estates Neighborhood
3
Beds
4
Baths
4,810
Sq Ft
0.4
Acres
About This Home
As of August 2016This stunning executive home with a fenced-in backyard is privately set on nearly a half-acre, cul-de-sac lot in Horse Creek Estates. The heart of the home is the spacious living area that includes a great room, formal dining, breakfast area and open concept kitchen with granite countertops, stainless steel appliances and plenty of storage. The living area opens to a screened lanai with pool and spa, overlooking a preserve and provides the perfect setting for entertaining. The luxurious master suite offers a sitting area, wide plank wood floors, dual walk-in closets and a well-appointed master bathroom. The oversized three-car garage has plenty of room for a work area and storage for a 21-foot boat. Built in 2006, the home's refrigerator, air conditioner, washer and dryer have been recently replaced. This hidden gem is located in a highly desirable North Naples location next to Collier's Reserve and minutes from beaches, Whole Foods, Trader Joe's, movie theaters, shopping and dining.
Last Agent to Sell the Property
Lynn Applebaum
Premier Sotheby's Int'l Realty License #NAPLES-249519289 Listed on: 03/25/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,194
Year Built
- 2006
Parking
- Deeded Parking
Interior Spaces
- 4,810 Sq Ft Home
- 1-Story Property
Community Details
- $800 Secondary HOA Transfer Fee
Listing and Financial Details
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2016
Closed on
Aug 12, 2016
Sold by
Lenzner Michael B and Lenzner Jennifer B
Bought by
Pezeshkan Fereydoon and Szilagyi Linda L
Seller's Agent
Lynn Applebaum
Premier Sotheby's Int'l Realty
Buyer's Agent
Valerie Sarwin
Realty One Group MVP
List Price
$759,000
Sold Price
$705,000
Premium/Discount to List
-$54,000
-7.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$405,000
Outstanding Balance
$327,490
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,477,226
Purchase Details
Listed on
Mar 25, 2016
Closed on
Aug 1, 2016
Bought by
Pezeshkan Fereydoon and Pezeshkan Linda L
Seller's Agent
Lynn Applebaum
Premier Sotheby's Int'l Realty
Buyer's Agent
Valerie Sarwin
Realty One Group MVP
List Price
$759,000
Sold Price
$705,000
Premium/Discount to List
-$54,000
-7.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$327,490
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$1,477,226
Purchase Details
Listed on
Dec 23, 2013
Closed on
Mar 13, 2014
Sold by
Braaten Wayne and Braaten Kay
Bought by
Lenzner Michael B and Lenzner Jennifer Barker
Seller's Agent
Manuel Alvarez
Current Property Management
Buyer's Agent
Mary Saunders
Downing Frye Realty Inc.
List Price
$689,000
Sold Price
$664,000
Premium/Discount to List
-$25,000
-3.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%
Original Mortgage
$531,200
Interest Rate
4.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 14, 2005
Sold by
Horse Creek Partners Ltd
Bought by
Braaten Wayne and Braaten Kay
Similar Homes in Naples, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $705,000 | Philip R Maiorca | |
| Deed | $705,000 | -- | |
| Warranty Deed | $664,000 | Legacy Title & Escrow | |
| Warranty Deed | $930,735 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $405,000 | New Conventional | |
| Previous Owner | $531,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2025 03/01/25 | Price Changed | $1,860,000 | 0.0% | $555 / Sq Ft |
| 02/15/2025 02/15/25 | Price Changed | $1,859,900 | 0.0% | $555 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $1,860,000 | +163.8% | $555 / Sq Ft |
| 08/12/2016 08/12/16 | Sold | $705,000 | -2.1% | $147 / Sq Ft |
| 06/27/2016 06/27/16 | Pending | -- | -- | -- |
| 05/31/2016 05/31/16 | Price Changed | $719,900 | -4.0% | $150 / Sq Ft |
| 04/13/2016 04/13/16 | Price Changed | $749,900 | -1.2% | $156 / Sq Ft |
| 03/25/2016 03/25/16 | For Sale | $759,000 | +14.3% | $158 / Sq Ft |
| 03/13/2014 03/13/14 | Sold | $664,000 | -3.6% | $198 / Sq Ft |
| 02/18/2014 02/18/14 | Pending | -- | -- | -- |
| 12/23/2013 12/23/13 | For Sale | $689,000 | -- | $206 / Sq Ft |
Source: Naples Area Board of REALTORS®
Tax History Compared to Growth
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 | $6,194 | $610,550 | $0 | $0 |
| 2022 | $6,079 | $592,767 | $0 | $0 |
| 2021 | $6,150 | $575,502 | $0 | $0 |
| 2020 | $6,008 | $567,556 | $191,100 | $376,456 |
| 2019 | $6,466 | $605,149 | $0 | $0 |
| 2018 | $6,331 | $593,866 | $0 | $0 |
| 2017 | $6,244 | $581,651 | $0 | $0 |
| 2016 | $6,581 | $612,535 | $0 | $0 |
| 2015 | $6,640 | $608,277 | $0 | $0 |
| 2014 | $6,454 | $533,621 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
V
Seller's Agent in 2025
Valerie Sarwin
Realty One Group MVP
(239) 777-4261
8 Total Sales
-
L
Seller's Agent in 2016
Lynn Applebaum
Premier Sotheby's Int'l Realty
-
Seller's Agent in 2014
Manuel Alvarez
Current Property Management
(239) 784-3828
34 Total Sales
-
M
Buyer's Agent in 2014
Mary Saunders
Downing Frye Realty Inc.
Map
Source: Naples Area Board of REALTORS®
MLS Number: 216021751
APN: 50940011329
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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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