388 Cypress Way W Naples, FL 34110
Palm River Estates NeighborhoodEstimated Value: $1,219,000 - $1,291,000
4
Beds
3
Baths
3,171
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Screened Pool
- Sitting Area In Primary Bedroom
- Views of Preserve
- Veterans Memorial Elementary School Rated A
- Floor-to-Ceiling Windows
- Contemporary Architecture
About This Home
As of May 2024Just waiting on contract to be signed -- open house canceled today. 388 CYPRESS WAY WEST -- the North Naples location you want and the space you need! 10 minutes West you're at the beach, 10 minutes East a major hospital, shops, restaurants and more! This home offers a luxurious and spacious retreat for you to enjoy. Step inside and be greeted by the fantastic light that bathes the interior, courtesy of the open and airy design and volume ceilings. Over 3,000 sq. ft. has been generously appointed with ample space for relaxation and entertaining. Need a quiet space to work or create? You'll love the huge office that offers the perfect environment for productivity and creativity. This delightful pool home boasts large bedrooms, closets, two separate living areas and the additional private office may also function as a media/game room.The heart of this home is the private pool, beckoning you to take a refreshing dip or simply bask in the Florida sunshine in your own backyard. Situated on almost 1/3 of an acre, there's plenty of room to enjoy the Florida sun and al fresco dining on your screen lanai.Located in a fantastic area close to the beach and within a great school district, this home offers the perfect blend of tranquility and accessibility. Plus, with no carpet throughout, maintenance is a breeze.The rear faces East guaranteeing beautiful morning sun to awaken in paradise. This home is not gated and in a more relaxed, no amenity HOA. However, if you would like to join a fantastic club La Playa is convenient and highly recommended. The LaPlaya Beach and Golf Club offers several membership programs with a variety of events and activities for members with a plethora of luxurious amenities.This beautiful estate is also very conveniently located across from the very active Veterans Community Park , at no additional costs, which features a dog park, tennis courts, pickleball courts, basketball courts, softball/baseball fields, bocce courts and Naples Roller Hockey!The quarterly HOA dues here are $1,222 and cover: common lawn/land maintenance, cable, wi-fi, manager, pest control on the exterior and street maintenance. You can lease this property up to 3x/year at a 30 days minimum each lease. Pets are allowed with approval. A seller's disclosure is available upon request. Don't miss the chance to make this your own slice of paradise. Schedule a showing today and envision the endless possibilities that await in this Naples gem.
Last Agent to Sell the Property
Coldwell Banker Realty License #BEAR-3426585 Listed on: 03/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,204
Year Built
- Built in 2006
Lot Details
- 0.28 Acre Lot
- Lot Dimensions: 150
- East Facing Home
- Paved or Partially Paved Lot
HOA Fees
- $407 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Automatic Garage Door Opener
- Deeded Parking
Property Views
- Views of Preserve
- Views of Woods
Home Design
- Contemporary Architecture
- Concrete Block With Brick
- Slate Roof
- Stucco
- Tile
Interior Spaces
- 3,171 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Shutters
- Single Hung Windows
- Floor-to-Ceiling Windows
- Great Room
- Open Floorplan
- Formal Dining Room
- Home Office
- Screened Porch
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Kitchen Island
- Built-In or Custom Kitchen Cabinets
- Disposal
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Screened Pool
- Concrete Pool
- In Ground Pool
Schools
- Veterans Memorial Elementary School
- North Naples Middle School
- Gulf Coast High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 50940011400
- $3,000 Seller Concession
Community Details
Overview
- $1,600 Secondary HOA Transfer Fee
- Horse Creek Estates Community
Security
- Card or Code Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2024
Closed on
May 10, 2024
Sold by
Blankenburg Brian Lee and Brooks Tara L
Bought by
Havemeier Kevin and Havemeier Madison
Seller's Agent
Octavia Harris
Coldwell Banker Realty
Buyer's Agent
Lauren Brooker
Compass Florida LLC
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,435
Avg. Annual Appreciation
2.79%
Purchase Details
Closed on
Dec 5, 2023
Sold by
Tara Brooks Separate Share Trust and Brooks Tara L
Bought by
Blankenburg Brian Lee and Brooks Tara L
Purchase Details
Listed on
Jan 6, 2022
Closed on
Mar 30, 2022
Sold by
Lee Blankenburg Brian
Bought by
Tara Brooks Separate Share Trust
Seller's Agent
Matthew Reed
DomainRealty.com LLC
Buyer's Agent
Octavia Harris
Coldwell Banker Realty
List Price
$995,000
Sold Price
$949,000
Premium/Discount to List
-$46,000
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$647,200
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 6, 2022
Closed on
Feb 28, 2022
Sold by
Betz David J and Betz Jill
Bought by
Blankenburg Brian Lee
Seller's Agent
Matthew Reed
DomainRealty.com LLC
Buyer's Agent
Octavia Harris
Coldwell Banker Realty
List Price
$995,000
Sold Price
$949,000
Premium/Discount to List
-$46,000
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 23, 2016
Closed on
Oct 26, 2016
Sold by
The Bank Of New York Mellon
Bought by
Betz David J
Seller's Agent
Janice Gover
Downing Frye Realty Inc.
Buyer's Agent
Janice Gover
Downing Frye Realty Inc.
List Price
$561,600
Sold Price
$505,440
Premium/Discount to List
-$56,160
-10%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$400,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 8, 2016
Sold by
Franz John
Bought by
The Bank Of New York Mellon
Purchase Details
Closed on
Jul 24, 2006
Sold by
Mj Horsecreek Ltd
Bought by
Franz John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$754,150
Interest Rate
1.75%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Naples, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Havemeier Kevin | $1,250,000 | None Listed On Document | |
| Blankenburg Brian Lee | -- | None Listed On Document | |
| Tara Brooks Separate Share Trust | $323,600 | Timothy J Cotter Pa | |
| Blankenburg Brian Lee | $949,000 | New Title Company Name | |
| Betz David J | $505,440 | Attorney | |
| The Bank Of New York Mellon | $544,500 | None Available | |
| Franz John | $1,005,565 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Blankenburg Brian Lee | $647,200 | |
| Previous Owner | Betz David J | $400,000 | |
| Previous Owner | Franz John | $754,150 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $1,250,000 | -5.7% | $394 / Sq Ft |
| 04/13/2024 04/13/24 | Pending | -- | -- | -- |
| 04/11/2024 04/11/24 | Price Changed | $1,325,000 | -5.3% | $418 / Sq Ft |
| 03/04/2024 03/04/24 | For Sale | $1,399,000 | +47.4% | $441 / Sq Ft |
| 03/01/2022 03/01/22 | Sold | $949,000 | 0.0% | $299 / Sq Ft |
| 01/23/2022 01/23/22 | Pending | -- | -- | -- |
| 01/19/2022 01/19/22 | Price Changed | $949,000 | -2.1% | $299 / Sq Ft |
| 01/13/2022 01/13/22 | Price Changed | $969,000 | -2.6% | $306 / Sq Ft |
| 01/06/2022 01/06/22 | For Sale | $995,000 | +96.9% | $314 / Sq Ft |
| 11/28/2016 11/28/16 | Sold | $505,440 | 0.0% | $123 / Sq Ft |
| 10/24/2016 10/24/16 | Pending | -- | -- | -- |
| 10/18/2016 10/18/16 | Price Changed | $505,440 | -10.0% | $123 / Sq Ft |
| 09/23/2016 09/23/16 | For Sale | $561,600 | -- | $136 / Sq Ft |
Source: Multiple Listing Service of Bonita Springs-Estero
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 | $10,204 | $955,837 | $357,000 | $598,837 |
| 2022 | $7,322 | $555,334 | $0 | $0 |
| 2021 | $5,805 | $504,849 | $142,000 | $362,849 |
| 2020 | $5,263 | $460,523 | $124,800 | $335,723 |
| 2019 | $5,944 | $518,814 | $128,000 | $390,814 |
| 2018 | $5,700 | $497,636 | $154,000 | $343,636 |
| 2017 | $5,389 | $465,751 | $154,000 | $311,751 |
| 2016 | $5,725 | $497,335 | $0 | $0 |
| 2015 | $5,496 | $464,629 | $0 | $0 |
| 2014 | $5,118 | $422,390 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Octavia Harris
Seller's Agent in 2024
Octavia Harris
Coldwell Banker Realty
(239) 860-1276
3 in this area
75 Total Sales
-
Lauren Brooker
Buyer's Agent in 2024
Lauren Brooker
Compass Florida LLC
(239) 287-4947
19 in this area
191 Total Sales
-
Matthew Reed
Seller's Agent in 2022
Matthew Reed
DomainRealty.com LLC
(239) 233-2488
1 in this area
51 Total Sales
-
Janice Gover
J
Seller's Agent in 2016
Janice Gover
Downing Frye Realty Inc.
(239) 564-5036
15 Total Sales
Map
Source: Multiple Listing Service of Bonita Springs-Estero
MLS Number: 224021457
APN: 50940011400
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