NOT LISTED FOR SALE

489 Cypress Way E Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $1,028,590 - $1,112,000

3 Beds
3 Baths
2,714 Sq Ft
$392/Sq Ft Est. Value

Last Sold November 29, 2024

Last sale price $1,135,000 $418 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,297/month

142 Days on Market

Highlights

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

About This Home

As of November 2024

Palm River Estates - Three (3) Bedroom plus Den - Three (3) Bathroom - Two (2) Car Garage - Pool - Golf Course View (La Playa Golf Course) - Turnkey Furnished - Renovated in 2022 - Impact Windows / Sliders (Recessed) - Plantation Shutters - Picture Frame Screen Enclosure - No HOA Fees - No Rental Restrictions - No Pet Restrictions -

Last Agent to Sell the Property

Marc Oates

Napoli Realty Services, LLC Listed on: 06/03/2024

Last Buyer's Agent

Tessa Perry

Local Real Estate LLC

Local Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,359

Year Built

  • Built in 1977

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions: 130
  • West Facing Home
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Deeded Parking

Home Design

  • Turnkey
  • Brick Exterior Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,714 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • La Cantina or Zero Corner Doors
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Screened Porch
  • Golf Course Views
  • Pull Down Stairs to Attic

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Pool

  • Screened Pool
  • Heated In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Community Details

  • Palm River Estates Community

Listing and Financial Details

  • Assessor Parcel Number 65421280004
  • Tax Block H

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,359

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Legal Description: PALM RIVER EST UNIT 5 BLK H LOT 12
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.284706$-81.770973$186.70$13.33$1.00$CqJPH0YxEy23URQE1mVS3g
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Turnkey
  • Price Per Sq Ft: 418.20
  • Total Floors: 1
  • Additional Rooms: Den/Study, Family Room, Great Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2714
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Refrigerator/Freezer, Self Cleaning Oven, Smoke Detector, Washer
  • Flooring: Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms
  • Interior Amenities: Built-In Cabinets, Cable Prewire, Foyer, French Doors, Internet Available, Pantry, Pull Down Stairs, Smoke Detectors, Zero/Corner Door Sliders
  • Primary Bathroom: Dual Sinks, Shower Only
  • Windows: Impact Resistant, Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Shingle
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Golf Course, Landscaped Area
  • Exterior Features: Patio
  • Exterior Finish: Brick, Stucco
  • Private Pool Type: Below Ground, Heated Electric, Screened

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Mandatory HOA: No
  • Restrictions: Deeded
  • Sub Condo Name: PALM RIVER ESTATES
  • Development Name: PALM RIVER ESTATES

Association/Amenities

  • Pets: No Approval Needed
  • Development: Palm River Estates
  • Amenities: Sidewalk, Streetlight
  • Community Type: Non-Gated
  • Units In Building: 1
  • Total Number of Units: 1

Lot Info

  • Builder Product: No
  • Section: 23
  • Total Area: 3210
  • Waterfront: No
  • Acres: 0.3100
  • Rear Exposure: West
  • Lot Description: Regular
  • Lot Dimensions: 130 X 140 X 62 X 140
  • Parcel Number: 65421280004

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Taxes: 9358.86
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Nov 29, 2024
Sold by
Rosales Mayela
Bought by
Chee Phillip D and Beasley Georgia Ann
Seller's Agent
Marc Oates
Napoli Realty Services, LLC
Buyer's Agent
Tessa Perry
Local Real Estate LLC
List Price
$1,150,000
Sold Price
$1,135,000
Premium/Discount to List
-$15,000
-1.3%
Views
29
Current Estimated Value
$1,063,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,352
Avg. Annual Appreciation
-5.68%
Original Mortgage
$933,750
Outstanding Balance
$926,406
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$137,242

Purchase Details

Listed on
Dec 10, 2020
Closed on
Feb 26, 2021
Sold by
Griffin Daniel Joseph and Griffin Daniel Joseph
Bought by
Rosales Mayela
Seller's Agent
Steve Hamro
Hamro & Associates LLC
Buyer's Agent
Luis Gonzalez
Compass Florida LLC
List Price
$669,900
Sold Price
$635,000
Premium/Discount to List
-$34,900
-5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Jdj Investments Llc
Bought by
The Daniel Joseph Griffin Revocable Livi

Purchase Details

Closed on
Aug 30, 2010
Sold by
Griggs Judson E and Griggs Terry L
Bought by
Jdj Investments Llc

Purchase Details

Closed on
Jul 10, 2003
Sold by
Hallock Grace S and Douglas Hallock J
Bought by
Griggs Judson E and Griggs Terry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chee Phillip D $1,135,000 None Listed On Document
Rosales Mayela $635,000 Accommodation
The Daniel Joseph Griffin Revocable Livi -- None Available
Jdj Investments Llc $325,000 First Integrity Title Inc
Griggs Judson E $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chee Phillip D $933,750
Previous Owner Griggs Judson E $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2024 11/29/24 Sold $1,135,000 -1.3% $418 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $1,150,000 +81.1% $424 / Sq Ft
03/26/2021 03/26/21 Sold $635,000 -5.2% $234 / Sq Ft View Prior Sale
01/21/2021 01/21/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $669,900 -- $247 / 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 $8,896 $775,136 $416,269 $358,867
2024 $9,359 $849,444 $424,594 $424,850
2023 $9,359 $870,385 $0 $0
2022 $8,601 $791,259 $319,023 $472,236
2021 $5,933 $502,296 $0 $0
2020 $5,447 $456,633 $0 $0
2019 $4,799 $415,121 $105,551 $309,570
2018 $4,820 $417,819 $117,730 $300,089
2017 $4,453 $381,660 $145,741 $235,919
2016 $4,262 $365,940 $0 $0
2015 $4,119 $345,078 $0 $0
2014 $3,774 $313,707 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marc Oates

    Napoli Realty Services, LLC

    (239) 254-7764

    1 in this area

    16 Total Sales

    Marc Oates
    Section Image
  • Tessa Perry

    Buyer's Agent in 2024

    Tessa Perry

    Local Real Estate LLC

    (239) 293-7541

    1 in this area

    48 Total Sales

    Tessa Perry
    Section Image
  • Steve Hamro

    Seller's Agent in 2021

    Steve Hamro

    Hamro & Associates LLC

    (239) 404-3084

    3 in this area

    55 Total Sales

    Steve Hamro
    Section Image

  • L

    Buyer's Agent in 2021

    Luis Gonzalez

    Compass Florida LLC

    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 224032872

Naples Area Board of REALTORS®

APN: 65421280004

Florida Collier County Naples 34110 Palm River Estates

489 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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