NOT LISTED FOR SALE

648 Cypress Way E Naples, FL 34110

Palm River Estates Neighborhood

Estimated Value: $627,000 - $791,000

3 Beds
2.5 Baths
2,412 Sq Ft
$302/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $391,000 $162 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,096/month

3 Days on Market

Highlights

  • In Ground Pool
  • Golf Course View
  • Screened Porch
  • Veterans Memorial Elementary School Rated A
  • Traditional Architecture
  • Electric Shutters

About This Home

As of September 2018

Priced well below both Palm River comparables and the leading revenue models, this home is ready for an investor or an ambitious home improvement specialist. But it already has value-adding features such as a south-facing view of La Playa's golf course, large pool enclosed in a sturdy cage, two air conditioning zones, a reverse osmosis water system in the kitchen, automatic garage door opener, and electric hurricane shutters on the entire home. A great opportunity for the right buyer in this highly desirable and quiet residential community.

Last Agent to Sell the Property

Kristine Dunn

eXp Realty LLC Listed on: 08/09/2018

eXp Realty LLC

Co-Listed By

BC Cloutier

Parkline Realty

Last Buyer's Agent

Lisa Schleiger

Downing Frye Realty Inc.

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,087

Year Built

  • Built in 1975

Lot Details

  • 0.32 Acre Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 2,412 Sq Ft Home
  • 1-Story Property
  • Electric Shutters
  • Single Hung Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Golf Course Views

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • In Ground Pool
  • Patio

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 65421600008
  • Tax Block H

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,087

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Legal Description: PALM RIVER EST UNIT 5 BLK H LOT 20
  • Property Type: Residential
  • Table: Residential
  • Street View Param: 1$26.285083$-81.77323799999999$141.06$13.33$1.00$HgSeTovYUSELTmwDIuQADA
  • Building Design: Single Family
  • Building Description: 1 Story/Ranch, Traditional
  • Storm Protection: Electric Shutters
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished Description: Unfurnished
  • Num Unit Floor: 1
  • Price Per Sq Ft: 162.11
  • Total Floors: 1
  • Additional Rooms: Family Room, Laundry in Residence, Screened Lanai/Porch
  • Estimated Living Area: 2412
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3 Bed
  • Total Bedrooms: 3
  • Dining Room: Living Dining
  • Equipment: Auto Garage Door, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Carpet, Tile
  • Floor Plan: Split Bedrooms
  • Interior Amenities: Cable Prewire, Foyer, Laundry Tub
  • Primary Bathroom: Dual Sinks, Separate Tub And Shower
  • Windows: Single Hung

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: No
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Central
  • View: Golf Course
  • Exterior Features: Patio
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 2

Utilities

  • Cable Available: Yes
  • Cooling: Central Electric
  • Heat: Central Electric
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

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

Association/Amenities

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

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: 2897
  • Waterfront: No
  • Acres: 0.3200
  • Rear Exposure: South
  • Lot Description: Golf Course, Regular
  • Parcel Number: 65421600008

Rental Info

  • Lease Limits: No

Tax Info

  • Tax Description: Homestead
  • Taxes: 3087.27

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 25, 2018
Sold by
Alby Maaxine and Alby Robert
Bought by
Steffan John Erik and Steffan Jennifer
Seller's Agent
Kristine Dunn
eXp Realty LLC
Buyer's Agent
Lisa Schleiger
Downing Frye Realty Inc.
List Price
$399,900
Sold Price
$391,000
Premium/Discount to List
-$8,900
-2.23%
Current Estimated Value
$729,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,583
Avg. Annual Appreciation
8.95%
Original Mortgage
$391,000
Outstanding Balance
$340,975
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$388,608

Purchase Details

Closed on
Nov 1, 2006
Sold by
Chianese Vincent
Bought by
Alby Robert and Alby Maxine

Purchase Details

Closed on
Mar 3, 2006
Sold by
Kelly James
Bought by
Chianese Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Bross Thomas M and Bross Jean A
Bought by
Kelly James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Steffan John Erik $391,000 Attorney
Alby Robert $650,000 Invest Sw Title Services
Chianese Vincent $650,000 Tropical Title
Kelly James $605,000 Tropical Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffan John Erik $391,000
Previous Owner Chianese Vincent $585,000
Previous Owner Kelly James $484,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2018 09/25/18 Sold $391,000 -2.2% $162 / Sq Ft
08/12/2018 08/12/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $399,900 -- $166 / 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 $3,424 $361,057 -- --
2024 $3,384 $350,881 -- --
2023 $3,384 $340,661 $0 $0
2022 $3,312 $330,739 $0 $0
2021 $3,344 $321,106 $0 $0
2020 $3,267 $316,673 $0 $0
2019 $3,209 $309,553 $127,400 $182,153
2018 $3,136 $303,613 $0 $0
2017 $3,087 $297,368 $0 $0
2016 $3,006 $291,252 $0 $0
2015 $3,031 $289,227 $0 $0
2014 $3,035 $236,932 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristine Dunn

    Seller's Agent in 2018

    Kristine Dunn

    eXp Realty LLC

    (239) 273-3512

    45 Total Sales

    Kristine Dunn
    Section Image
  • BC Cloutier

    Seller Co-Listing Agent in 2018

    BC Cloutier

    Parkline Realty

    (239) 595-1300

    16 Total Sales

    BC Cloutier
    Section Image
  • Lisa Schleiger

    Buyer's Agent in 2018

    Lisa Schleiger

    Downing Frye Realty Inc.

    (239) 571-0001

    39 Total Sales

    Lisa Schleiger
    Section Image
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Map

Source: Naples Area Board of REALTORS®

MLS Number: 218003972

Naples Area Board of REALTORS®

APN: 65421600008

Florida Collier County Naples 34110 Palm River Estates

648 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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