388 Cypress Way W Naples, FL 34110
Palm River Estates Neighborhood
4
Beds
3
Baths
4,118
Sq Ft
0.28
Acres
About This Home
As of May 2024Picturesque POOL home with 4 bedrooms plus den, 3 baths and over 3000 sq ft living area and built in 2006!!!. 3 miles to the Gulf and situated between three golf courses! Outstanding features within the home are granite counters. 42" wood cabinets with crown molding and light rail in the kitchen, wood cabinets in all bathrooms. Impact Glass Hurricane windows, minimum 10' ceilings, tray ceilings and crown molding per plan, 8' entry and interior doors, paver driveway, entry and walkway, tile roof. Home has beautiful view of preserve, very quiet street with a lot of privacy. Stainless steel appliances, gourmet kitchen. Large rooms with 18 feet to ceilings. Large ceramic, tile throughout home. Large masterbedroom with Roman tub in master bath. Close to beach!! west of I-75 and only 3 miles to the beach. Located in a highly sought after school district and close to restaurants, shopping and more.
Last Agent to Sell the Property
Downing Frye Realty Inc. License #NAPLES-249501291 Listed on: 09/23/2016
Last Buyer's Agent
Downing Frye Realty Inc. License #NAPLES-249501291 Listed on: 09/23/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,204
Year Built
- 2006
Interior Spaces
- 4,118 Sq Ft Home
- 1-Story Property
Community Details
- $800 Additional Association Fee
Listing and Financial Details
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
$7,138
Avg. Annual Appreciation
0.36%
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
8.29%
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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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 | $1,250,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | $323,600 | Timothy J Cotter Pa | |
| Special Warranty Deed | $949,000 | New Title Company Name | |
| Special Warranty Deed | $505,440 | Attorney | |
| Trustee Deed | $544,500 | None Available | |
| Special Warranty Deed | $1,005,565 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $647,200 | New Conventional | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $754,150 | Purchase Money Mortgage |
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: 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 |
|---|---|---|---|---|
| 2024 | $10,204 | $1,022,353 | $468,720 | $553,633 |
| 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
69 Total Sales
-
Lauren Brooker
Buyer's Agent in 2024
Lauren Brooker
Compass Florida LLC
(239) 287-4947
20 in this area
186 Total Sales
-
Matthew Reed
Seller's Agent in 2022
Matthew Reed
DomainRealty.com LLC
(239) 233-2488
1 in this area
50 Total Sales
-
Janice Gover
J
Seller's Agent in 2016
Janice Gover
Downing Frye Realty Inc.
(239) 564-5036
14 Total Sales
Map
Source: Naples Area Board of REALTORS®
MLS Number: 216059792
APN: 50940011400
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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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