NOT LISTED FOR SALE

481 Cypress Way E Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $653,705 - $855,000

3 Beds
2 Baths
1,850 Sq Ft
$402/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $440,000 $238 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,162/month

201 Days on Market

Highlights

  • Screened Pool
  • Golf Course View
  • Screened Porch
  • Veterans Memorial Elementary School Rated A
  • Great Room
  • Breakfast Room

About This Home

As of October 2019

Casual elegance abounds in this 3 bed, 2 bath custom appointed home located on the La Playa Golf Course. This home has been fully remodeled featuring a large great room, tile floors, hurricane rated tinted windows and sliding doors, high efficiency AC, 5 zone irrigation system on a well and a new roof in 2018. The gourmet kitchen was custom designed in 2018 and has beautiful quartz counter tops, under cabinet lighting, appliances and exquisite back splash. Enjoy the large casual dining room off the kitchen with expansive views of the golf course. Plantation shutters, new draperies, updated security system and side entry double garage with a hurricane rated garage door . Relax on the private lanai with heated pool overlooking the golf course. Enjoy
a separate outside patio with brick pavers overlooking the rear yard enhanced with lush landscaping and fruits trees.The large circular brick paved driveway has extra parking and offers lots of room for guest parking. A private membership to the LaPlaya Golf and Beach Club is optional. This home is located minutes to the Gulf of
Mexico,upscale shopping and fine restaurants at Mercato. This is a must see home!!!

Last Agent to Sell the Property

Carole Dicupero

Downing Frye Realty Inc. License #NAPLES-249501938 Listed on: 02/01/2019

Downing Frye Realty Inc.

Last Buyer's Agent

Jordan Musumano

Integrity Realty of Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions: 100
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway

Home Design

  • Concrete Block With Brick
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • 5 Ceiling Fans
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Breakfast Room
  • Screened Porch
  • Golf Course Views
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Monitored
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated Above Ground Pool

Outdoor Features

  • Patio

Schools

  • Veterans Memorial El Elementary School
  • North Naples Middle School
  • Gulf Coast High School

Utilities

  • Central Heating and Cooling System
  • Humidstat
  • Underground Utilities
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • Voluntary home owners association

Listing and Financial Details

  • Assessor Parcel Number 65421240002
  • Tax Block H

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,687

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Legal Description: PALM RIVER EST UNIT 5 BLK H LOT 11
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.284448$-81.771004$227.33$13.33$1.00$d_YBrSzAqAiUWdgbeCWWIg
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 5
  • Price Per Sq Ft: 237.84
  • Total Floors: 1
  • Additional Rooms: Great Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 1850
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedroom Description: First Floor Bedroom, Split Bedrooms
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Breakfast Bar, Breakfast Room
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Refrigerator/Icemaker, Security System, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: High Speed Available, Laundry Tub, Pull Down Stairs, Smoke Detectors, Window Coverings
  • Kitchen: Pantry
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant, Sliding

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Well
  • Road: County Maintained, Public Road
  • View: Golf Course
  • Exterior Features: Patio, Sprinkler Auto
  • Exterior Finish: Stucco
  • Private Pool Type: Above Ground, Heated Electric, Screened

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces, Circle Drive

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Humidistat
  • Heat: Central Electric
  • Security: Monitored Alarm
  • Sewer: Central
  • Water: Central, Well

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PALM RIVER
  • HOA Description: Voluntary
  • Maintenance: Street Maintenance

Association/Amenities

  • Pets: No Approval Needed
  • Development: Palm River
  • Amenities: Streetlight, Underground Utility
  • Community Type: Non-Gated

Schools

  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Section: 23
  • Total Area: 2256
  • Waterfront: No
  • Rear Exposure: West
  • Lot Description: Golf Course
  • Lot Dimensions: 100 X 140
  • Parcel Number: 65421240002

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Taxes: 2687.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Oct 23, 2019
Sold by
Stevens Glenn Richard and The Glenn Richard Stevens Livi
Bought by
Wholihan John and Wholihan Donna
Seller's Agent
Carole Dicupero
Downing Frye Realty Inc.
Buyer's Agent
Jordan Musumano
Integrity Realty of Florida
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%
Current Estimated Value
$744,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,426
Avg. Annual Appreciation
8.85%
Original Mortgage
$352,000
Outstanding Balance
$308,370
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$436,056

Purchase Details

Closed on
Aug 14, 2014
Sold by
Stevens Glenn R and Stevens Betty L
Bought by
Glenn Richard Stevens Living Trust

Purchase Details

Closed on
Jun 16, 2003
Sold by
Kelly Kendall S and Kelly Nancy M
Bought by
Stevens Glenn R

Purchase Details

Closed on
May 24, 2000
Sold by
Wells Virgil H and Wells Mary S
Bought by
Kelly Kendall S and Kelly Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wholihan John $440,000 Attorney
Glenn Richard Stevens Living Trust -- None Available
Stevens Glenn R $318,000 --
Kelly Kendall S $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wholihan John $352,000
Previous Owner Kelly Kendall S $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $440,000 -6.2% $238 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $469,000 0.0% $254 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $469,000 -2.3% $254 / Sq Ft
02/25/2019 02/25/19 Price Changed $479,900 -2.0% $259 / Sq Ft
02/11/2019 02/11/19 Price Changed $489,900 -5.6% $265 / Sq Ft
02/01/2019 02/01/19 For Sale $519,000 -- $281 / 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 $3,273 $368,686 -- --
2024 $3,459 $358,295 -- --
2023 $3,459 $347,859 $0 $0
2022 $3,386 $337,727 $0 $0
2021 $3,419 $327,890 $0 $0
2020 $4,064 $350,973 $207,837 $143,136
2019 $2,702 $263,542 $128,661 $134,881
2018 $2,731 $266,907 $0 $0
2017 $2,687 $261,417 $0 $0
2016 $2,614 $256,040 $0 $0
2015 $2,636 $254,260 $0 $0
2014 $2,637 $202,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carole Dicupero

    Seller's Agent in 2019

    Carole Dicupero

    Downing Frye Realty Inc.

    (239) 860-1313

    1 in this area

    18 Total Sales

    Carole Dicupero
    Section Image
  • Jordan Musumano

    Buyer's Agent in 2019

    Jordan Musumano

    Integrity Realty of Florida

    (239) 877-2165

    53 Total Sales

    Jordan Musumano
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 219010979

Naples Area Board of REALTORS®

APN: 65421240002

Florida Collier County Naples 34110 Palm River Estates

481 Cypress Way E, Naples, FL

Not Listed for Sale

Detached

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Naples Area Board of REALTORS® 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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