NOT LISTED FOR SALE

524 Cypress Way E Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $1,082,699 - $1,375,000

3 Beds
3 Baths
2,679 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $790,000 $295 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,272/month

10 Days on Market

Highlights

  • Solar Heated Above Ground Pool
  • Two Primary Bedrooms
  • Cathedral Ceiling
  • Veterans Memorial Elementary School Rated A
  • Golf Course View
  • Wood Flooring

About This Home

As of August 2020

Like new, completely remodeled from the inside out in 2017 by the homeowner, a luxury home builder. The home was 90% gutted with custom built cabinets, Quartz countertops, new Jenn-Air and Bosch appliances, new drywall, spray foam insulation in ceilings and recessed light fixtures. There are 2 Master Suites and 2 En-Suite bathrooms. Beautiful wood flooring in living areas and den, custom tile work in all bathrooms and new carpet in bedrooms. Interior woodwork is a must see with vaulted ceilings in the living area, crown molding and 1 3/4" doors! All new plumbing and drain lines including an 80 gallon commercial water heater. The entire home has new electrical work, HVAC system, condenser, ductwork and Ultra air dehumidification system with fresh air makeup! IMPACT windows, sliding glass doors, front doors and garage door and a metal roof. On the exterior, the entire home was re-stuccoed, new landscaping, sod and irrigation. Plus a refinished southern exposure pool with a solar heater. Final touch is a buried 500 gallon propane tank and whole house generator with a transfer switch. The list goes on.....Don't miss your opportunity to own perfection in North Naples.

Last Agent to Sell the Property

Christina Ruud

Keller Williams Elevate Luxury License #BEAR-3235469 Listed on: 07/24/2020

Keller Williams Elevate Luxury

Last Buyer's Agent

Margaret Ives

Premier Sotheby's Int'l Realty License #NAPLES-249525453

Premier Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,402

Year Built

  • Built in 1970

Lot Details

  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Block With Brick
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,679 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Den
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Solar Heated Above Ground Pool
  • Patio
  • Lanai

Schools

  • Veterans Memorial El 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 65320160005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,402

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Legal Description: PALM RIVER EST UNIT 3 LOT 912 AND THAT PORTION DESC IN OR 361 PG 779
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.28611$-81.778815$129.01$13.33$1.00$0XiFb5KVysILB89R1v45Vw
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 294.89
  • Total Floors: 1
  • Additional Rooms: Laundry in Residence, Open Porch/Lanai, Den/Study
  • Estimated Living Area: 2679
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedroom Description: Two Master Suites
  • Bedrooms: 3+Den
  • Total Bedrooms: 3
  • Dining Room: Living Dining, Eat-in Kitchen
  • Equipment: Cooktop - Electric, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Smoke Detector, Washer
  • Flooring: Carpet, Wood
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cathedral Ceiling, Closet Cabinets, Laundry Tub, Smoke Detectors
  • Primary Bathroom: 2 Masters
  • Windows: Impact Resistant

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Metal
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • View: Golf Course, Landscaped Area
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Private Pool Type: Above Ground, Heated Solar

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Mandatory HOA: No
  • Sub Condo Name: PALM RIVER ESTATES

Association/Amenities

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

Schools

  • Elementary School: VETERANS MEMORIAL EL
  • Middle School: NORTH NAPLES MIDDLE SCHOOL
  • High School: GULF COAST HIGH SCHOOL
  • Elementary School: Veterans Memorial El
  • High School: Gulf Coast High School
  • Middle School: North Naples Middle School

Lot Info

  • Builder Product: No
  • Lot Unit: 912
  • Section: 23
  • Total Area: 3125
  • Waterfront: No
  • Rear Exposure: South
  • Lot Description: Regular
  • Parcel Number: 65320160005

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: County Only
  • Taxes: 3402.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 31, 2020
Sold by
Soule Michael F and Michael F Soule Revocable Trus
Bought by
Brophy Ruth V
Seller's Agent
Christina Ruud
Keller Williams Elevate Luxury
Buyer's Agent
Margaret Ives
Premier Sotheby's Int'l Realty
List Price
$799,900
Sold Price
$790,000
Premium/Discount to List
-$9,900
-1.24%
Total Days on Market
10
Current Estimated Value
$1,207,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,925
Avg. Annual Appreciation
9.31%

Purchase Details

Listed on
Feb 23, 2017
Closed on
May 15, 2017
Sold by
Clawson Michael D and Clawson Dominique T
Bought by
Soule Michael F
Seller's Agent
Chris Farrugia
Compass Florida LLC
Buyer's Agent
Adam Ruud
KW Elevate Luxury
List Price
$465,000
Sold Price
$425,000
Premium/Discount to List
-$40,000
-8.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.67%
Original Mortgage
$389,193
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2012
Closed on
Dec 7, 2012
Sold by
Shared Holdings Llc
Bought by
Clawson Michael D and Clawson Dominique T
Seller's Agent
Adam Carriero
Gulf Coast International Prop
Buyer's Agent
Frank Delgado
Delgado Realty Group, LLC
List Price
$318,000
Sold Price
$318,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%
Original Mortgage
$302,100
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2005
Sold by
Klaassen Mark A and Klaassen Susan K
Bought by
Waterside Investments Shared Holdings Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2005
Sold by
Forsythe Robert E and Forsythe Patricia A
Bought by
Klaassen Mark A and Klaassen Susan K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1996
Sold by
Forsythe Robert E and Forsythe Patricia A
Bought by
Forsythe Robert E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brophy Ruth V $790,000 Servicelink
Soule Michael F $425,000 Attorney
Clawson Michael D $318,000 Attorney
Waterside Investments Shared Holdings Ll -- --
Klaassen Mark A $525,000 --
Forsythe Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soule Michael F $378,000
Previous Owner Soule Michael F $199,000
Previous Owner Soule Michael F $389,193
Previous Owner Clawson Michael D $57,000
Previous Owner Clawson Michael D $302,100
Previous Owner Klaassen Mark A $420,000
Closed Klaassen Mark A $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2020 08/31/20 Sold $790,000 -1.2% $295 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $799,900 +88.2% $299 / Sq Ft
05/15/2017 05/15/17 Sold $425,000 -5.3% $127 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
03/16/2017 03/16/17 Price Changed $448,900 -3.5% $134 / Sq Ft
02/23/2017 02/23/17 For Sale $465,000 +46.2% $139 / Sq Ft
12/17/2012 12/17/12 Sold $318,000 0.0% $125 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
10/14/2012 10/14/12 For Sale $318,000 -- $125 / Sq Ft
Source: Multiple Listing Service of Bonita Springs-Estero

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
2023 $5,893 $586,640 $0 $0
2022 $5,833 $569,553 $0 $0
2021 $5,901 $552,964 $0 $0
2020 $3,462 $334,544 $0 $0
2019 $3,402 $327,022 $0 $0
2018 $3,154 $305,285 $0 $0
2017 $3,369 $322,664 $0 $0
2016 $3,282 $316,027 $0 $0
2015 $3,309 $313,830 $0 $0
2014 $3,314 $261,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Ruud

    Seller's Agent in 2020

    Christina Ruud

    Keller Williams Elevate Luxury

    (239) 223-4376

    2 in this area

    47 Total Sales

    Christina Ruud
    Section Image
  • Margaret Ives

    Buyer's Agent in 2020

    Margaret Ives

    Premier Sotheby's Int'l Realty

    (239) 910-2581

    1 in this area

    92 Total Sales

    Margaret Ives
    Section Image
  • Chris Farrugia

    Seller's Agent in 2017

    Chris Farrugia

    Compass Florida LLC

    (239) 248-8171

    1 in this area

    103 Total Sales

    Chris Farrugia
    Section Image
  • Adam Ruud

    Buyer's Agent in 2017

    Adam Ruud

    KW Elevate Luxury

    (239) 919-6888

    18 Total Sales

    Adam Ruud
    Section Image
  • Adam Carriero

    Seller's Agent in 2012

    Adam Carriero

    Gulf Coast International Prop

    (239) 641-3876

    46 Total Sales

    Adam Carriero
    Section Image

  • F

    Buyer's Agent in 2012

    Frank Delgado

    Delgado Realty Group, LLC

See All Agents

Map

Source: Multiple Listing Service of Bonita Springs-Estero

MLS Number: 220046023

Multiple Listing Service of Bonita Springs-Estero

APN: 65320160005

Florida Collier County Naples 34110 Palm River Estates

524 Cypress Way E, Naples, FL

This home is located at 524 Cypress Way E, Naples, FL 34110 since 24 July 2020 and is currently estimated at $1,207,925, approximately $450 per square foot. This property was built in 1970. 524 Cypress Way E is a home located in Collier County with nearby schools including Veterans Memorial Elementary School and North Naples Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Multiple Listing Service of Bonita Springs-Estero IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes