NOT LISTED FOR SALE

554 Cypress Way E Naples, FL 34110

Hacienda Lakes Neighborhood

Estimated Value: $562,000 - $654,000

2 Beds
2 Baths
2,086 Sq Ft
$288/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $320,000 $153 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,345/month

17 Days on Market

About This Home

As of May 2016

This professionally renovated two-bedroom residence on the LaPlaya golf course in North Naples enjoys beautiful lush views of trees, foliage and the course, overlooking the pool. Features include kitchen granite top counters, wood cabinetry, stainless steel appliances and designer lighting. Tiled flooring throughout with wood laminate flooring in bedrooms. You get fantastic sunlight in the great room with southern exposure. The very large landscaped backyard offers privacy from the course. Pool has beautiful pavers and covered areas to protect patio furniture and electronics. Attached two-car garage leads you through the large laundry room to enter the house. Roof is 3 years old, and air conditioner is almost 2 years old. Palm River is a wonderful community with no mandatory HOA fees and is non gated. LaPlaya Golf and Beach Club memberships are available. Located 3 miles to Wiggins Pass Beach and Vanderbilt Beach, this home is close to Mercato for fine shopping and dining.

Last Agent to Sell the Property

Cynthia Miles

John R Wood Properties Listed on: 03/01/2016

John R Wood Properties

Last Buyer's Agent

James Opyt

Opyt Realty Inc

Home Details

Home Type

  • Single Family

Year Built

  • 1972

Lot Details

  • 0.28

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property

Home Details

Home Type

Single Family

Year Built

1972

Lot Details

0

Listing Details

  • Legal Description: PALM RIVER EST UNIT 3 LOT 917
  • Building Design: Single Family
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Additional Rooms: Home Office, Laundry in Residence, Screened Lanai/Porch
  • Dining Room: Breakfast Bar, Family Dining
  • Equipment: Auto Garage Door, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Floor Plan: Great Room
  • Flooring: Laminate, Tile
  • Interior Amenities: Cable Prewire, High Speed Available, Smoke Detectors
  • Primary Bathroom: Shower Only
  • Furnished Description: Unfurnished
  • Price Per Sq Ft: 190.02
  • Total Floors: 1

Exterior Features

  • Roof: Tile
  • Exterior Features: Fence, Sprinkler Auto
  • Construction: Concrete Block
  • Exterior Features: Fence, Sprinkler Auto
  • Exterior Finish: Stucco
  • Irrigation: Central
  • Private Pool: Below Ground, Equipment Stays, Heated Electric, Screened
  • Windows: Single Hung, Sliding

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2
  • Parking: 2+ Spaces

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Security: Alarm
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Community Type: Golf Course, Non-Gated
  • Sub Condo Name: PALM RIVER ESTATES

Association/Amenities

  • Units in Building: 1
  • Total Number of Units: 1
  • Pets: No Approval Needed
  • Development: Palm River

Schools

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

Lot Info

  • Lot Description: Golf Course
  • Rear Exposure: South
  • View: Golf Course, Landscaped Area
  • Lot Dimensions: 100 X 125
  • Section: 23
  • Total Area: 2086

Rental Info

  • Leases Per Year: 365
  • Min Days Of Lease: 1

Tax Info

  • Tax Description: County Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 17, 2016
Sold by
Lurie Ryan and Lurie Lauren
Bought by
Griffo Paul and Cangero Nicole
Seller's Agent
Cynthia Miles
John R Wood Properties
Buyer's Agent
James Opyt
Opyt Realty Inc
List Price
$345,000
Sold Price
$320,000
Premium/Discount to List
-$25,000
-7.25%
Current Estimated Value
$599,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,844
Avg. Annual Appreciation
6.70%
Original Mortgage
$314,204
Outstanding Balance
$249,474
Interest Rate
3.58%
Mortgage Type
FHA
Estimated Equity
$350,370

Purchase Details

Closed on
Oct 26, 2009
Sold by
Reed Douglas Jay
Bought by
Lurie Ryan and Lurie Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,019
Interest Rate
5.04%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2003
Sold by
Mcgue Donald A
Bought by
Reed Douglas Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,800
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Griffo Paul $320,000 None Available
Lurie Ryan $275,000 First Boston Title Llc
Reed Douglas Jay $226,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffo Paul $314,204
Previous Owner Lurie Ryan $270,019
Previous Owner Reed Douglas Jay $180,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $320,000 -7.2% $153 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $345,000 -- $165 / 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 $2,762 $294,068 -- --
2024 $2,725 $285,780 -- --
2023 $2,725 $277,456 $0 $0
2022 $2,663 $269,375 $0 $0
2021 $2,686 $261,529 $0 $0
2020 $2,623 $257,918 $0 $0
2019 $2,575 $252,119 $120,900 $131,219
2018 $3,020 $293,128 $134,850 $158,278
2017 $3,424 $327,594 $166,935 $160,659
2016 $3,672 $312,901 $0 $0
2015 $2,499 $242,202 $0 $0
2014 $2,501 $190,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Miles

    Seller's Agent in 2016

    Cynthia Miles

    John R Wood Properties

    (239) 273-3449

    1 in this area

    5 Total Sales

    Cynthia Miles
    Section Image
  • James Opyt

    Buyer's Agent in 2016

    James Opyt

    Opyt Realty Inc

    (239) 287-0359

    12 Total Sales

    James Opyt
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 216016212

Naples Area Board of REALTORS®

APN: 65320360009

Florida Collier County Naples 34110 Hacienda Lakes

554 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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