NOT LISTED FOR SALE

Estimated Value: $2,041,000 - $2,419,000

5 Beds
4.5 Baths
4,437 Sq Ft
$491/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $2,280,000 $514 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $13,304/month

99 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Gated with Attendant
  • Laurel Oak Elementary School Rated A
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of October 2022

Reduced $320K. A custom built home with high end finishes throughout located in a private oasis at the end of a quiet cut-de-sac on an oversized lot bordered by never-to-be-developed preserve. Expansive outdoor living spaces, including a salt water pool, spa, outdoor kitchen, fire table, dining area, beautiful fireplace and stunning Cypress ceiling. First floor features an open Kitchen with high quality custom cabinetry, custom coffered ceiling, double ovens, 6 burner Gas cooktop, two dishwashers, 157 bottle wine cooler, walk in pantry and wrap around bar with two entertaining areas and another fireplace, Exercise room, two offices, a master suite, laundry and two en suite bedrooms. Both the Living Room and Dining Room feature zero corner Pocketing Sliding Doors opening onto the Lanai space. Upstairs includes an additional family room along with two oversized bedroom and Jack "n" Jill bathroom. Just some of the amenities include a three car garage with storage, a sound system, 20 KW Kohler generator with transfer switch, in ground propane tank, high impact windows and doors, golf cart, garage refrigerator and 11 Flat screen TV's, 3 Carrier Infinity High Efficiency A/C's.

Last Agent to Sell the Property

Pamela Schultz

Downing Frye Realty Inc. Listed on: 05/26/2022

Downing Frye Realty Inc.

Co-Listed By

Traci Noteboom

Downing Frye Realty Inc.

Last Buyer's Agent

Pamela Schultz

Downing Frye Realty Inc. Listed on: 05/26/2022

Downing Frye Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,685

Year Built

  • Built in 2014

Lot Details

  • 0.27 Acre Lot
  • Cul-De-Sac
  • Northeast Facing Home
  • Gated Home
  • Landscaped
  • Paved or Partially Paved Lot

HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Circular Driveway
  • On-Street Parking
  • Golf Cart Parking
  • Deeded Parking

Property Views

  • Water Views
  • Views of Preserve

Home Design

  • Concrete Block With Brick
  • Stucco
  • Tile

Interior Spaces

  • 4,437 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Wired For Sound
  • Bar
  • Coffered Ceiling
  • Tray Ceiling
  • 8 Ceiling Fans
  • Ceiling Fan
  • Fireplace
  • Floor-to-Ceiling Windows
  • Arched Windows
  • Transom Windows
  • Casement Windows
  • La Cantina or Zero Corner Doors
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family or Dining Combination
  • Home Office
  • Loft
  • Screened Porch
  • Home Gym
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Double Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Built-In Bedroom Cabinets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Multiple Shower Heads

Laundry

  • Laundry Room
  • Dryer
  • Laundry Tub

Home Security

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

Eco-Friendly Details

  • Solar Power System

Pool

  • Heated In Ground Pool
  • Pool Equipment Stays
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Patio
  • Water Fountains
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Outdoor Gas Grill

Schools

  • Laurel Oak Elementary School
  • Oakridge Middle School
  • Gulf Coast High School

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Power Generator
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 64625003509
  • Tax Block 2

Community Details

Overview

  • $1,500 Secondary HOA Transfer Fee
  • Private Membership Available
  • Mandatory home owners association

Amenities

  • Restaurant
  • Clubhouse
  • Business Center
  • Recreation Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Exercise Course
  • Community Pool or Spa Combo
  • Putting Green
  • Bike Trail

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,685

Year Built

Built in 2014

Lot Details

0.27 Acres

HOA Fees

$791 per month

Parking

3

Listing Details

  • Legal Description: OLDE CYPRESS UNIT TWO TRACT 2 LOT 24
  • Property Type: Residential
  • Table: Residential
  • Building Design: Single Family
  • Building Description: 2 Story
  • Storm Protection: Impact Resistant Doors, Impact Resistant Windows
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished Description: Unfurnished
  • Numberof Ceiling Fans: 8
  • Price Per Sq Ft: 513.86
  • Total Floors: 2
  • Additional Rooms: Exercise, Family Room, Guest Bath, Guest Room, Home Office, Laundry in Residence, Loft, Screened Lanai/Porch, Den/Study
  • Estimated Living Area: 4437
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedroom Description: First Floor Bedroom, Master BR Ground, Master BR Sitting Area, Split Bedrooms
  • Bedrooms: 5+Den
  • Total Bedrooms: 5
  • Dining Room: Breakfast Bar, Family Dining
  • Equipment: Auto Garage Door, Cooktop - Gas, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Generator, Gas Grill, Microwave, Refrigerator/Freezer, Refrigerator/Icemaker, Security System, Solar Panels, Wall Oven, Washer/Dryer Hookup, Wine Cooler
  • Flooring: Carpet, Tile, Wood
  • Floor Plan: Great Room, Split Bedrooms, 2 Story
  • Interior Amenities: Bar, Built-In Cabinets, Cable Prewire, Closet Cabinets, Coffered Ceiling, Custom Mirrors, Fireplace, Foyer, French Doors, Internet Available, Laundry Tub, Pantry, Pull Down Stairs, Smoke Detectors, Surround Sound Wired, Tray Ceiling, Walk-In Closet, Zero/Corner Door Sliders
  • Kitchen: Gas Available, Island, Pantry, Walk-In Pantry
  • Primary Bathroom: Dual Sinks, Jetted Tub, Multiple Shower Heads
  • Windows: Arched, Casement, Impact Resistant, Transom

Exterior Features

  • Gulf Access: No
  • Private Pool: Yes
  • Private Spa: Yes
  • Roof: Tile
  • Construction: Concrete Block
  • Irrigation: Reclaimed
  • Road: Cul-De-Sac, Paved Road, Private Road
  • View: Landscaped Area, Preserve, Water Feature
  • Exterior Features: Built In Grill, Outdoor Fireplace, Outdoor Kitchen, Patio, Water Display
  • Exterior Finish: Stucco
  • Private Pool Type: Below Ground, Equipment Stays, Heated Gas
  • Private Spa Type: Below Ground, Equipment Stays, Heated Gas

Garage/Parking

  • Garage Description: Attached
  • Garage Spaces: 3
  • Parking: Circle Drive, Driveway Paved, Golf Cart, Street

Utilities

  • Cable Available: Yes
  • Cooling: Ceiling Fans, Central Electric, Zoned
  • Heat: Central Electric
  • Security: Alarm, Gated, Guard At Gate
  • Sewer: Central
  • Water: Central

Condo/Co-op/Association

  • Management: Professional
  • Mandatory HOA: Yes
  • Restrictions: Architectural, Deeded, No Motorcycles, No RV, No Truck
  • Sub Condo Name: OLDE CYPRESS
  • HOA Fees: 817
  • HOA Fee Frequency: Quarterly
  • Maintenance: Cable, Golf Course, Internet/WiFi Access, Irrigation Water, Lawn/Land Maintenance, Legal/Accounting, Manager, Pest Control Exterior, Reserve
  • Master Hoa Fee: 523
  • Master HOA Fee Frequency: Quarterly
  • Club Fee Mandatory: 4145
  • Club Fee Mandatory Frequency: Annually

Association/Amenities

  • Pets: No Approval Needed
  • Development: Olde Cypress
  • Amenities: Bike And Jog Path, Business Center, Clubhouse, Community Pool, Community Room, Community Spa/Hot tub, Exercise Room, Fitness Center Attended, Golf Course, Internet Access, Pickleball, Private Membership, Putting Green, Restaurant, Sidewalk, Streetlight, Tennis Court, Underground Utility
  • Community Type: Gated, Golf Course
  • Total Number of Units: 547

Fee Information

  • Transfer Fees: 1500.00

Schools

  • Elementary School: Laurel Oak Elementary School
  • High School: Gulf Coast High School
  • Middle School: Oakridge Middle School

Lot Info

  • Builder Product: No
  • Section: 21
  • Total Area: 5855
  • Waterfront: No
  • Acres: 0.2700
  • Rear Exposure: Northeast
  • Lot Description: Cul-De-Sac, Irregular Shape, Oversize
  • Parcel Number: 64625003509

Rental Info

  • Lease Limits: Yes
  • Leases Per Year: 3
  • Min Days Of Lease: 60

Tax Info

  • Tax Description: County Only, Homestead
  • Taxes: 11684.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Iannacone Michael Joseph
Bought by
Iannacone Family Trust
Current Estimated Value
$2,179,982

Purchase Details

Listed on
May 26, 2022
Closed on
Oct 27, 2022
Sold by
Pendell David G and Pendell Vicky B
Bought by
Iannacone Michael Joseph
Seller's Agent
Pamela Schultz
Downing Frye Realty Inc.
Buyer's Agent
Pamela Schultz
Downing Frye Realty Inc.
List Price
$2,899,900
Sold Price
$2,280,000
Premium/Discount to List
-$619,900
-21.38%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.33%
Original Mortgage
$1,800,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 16, 2013
Sold by
Herzog Fred D and Herzog Judy D
Bought by
Pendell David G and Pendell Vicky B
Seller's Agent
Bryan Kieffer
BMGG Properties
Buyer's Agent
Stan Avramidis
Sun Realty
List Price
$1,199,000
Sold Price
$1,199,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Closed on
Oct 14, 2009
Sold by
Floreani Henry and Floreani Michon
Bought by
Herzog Fred D and Herzog Judy D

Purchase Details

Closed on
Aug 21, 2007
Sold by
Lucarelli Development Inc
Bought by
Floreani Henry and Floreani Michon

Purchase Details

Closed on
Apr 23, 2003
Sold by
Olde Cypress Dev Ltd
Bought by
Lucarelli Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,132,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Iannacone Family Trust -- --
Iannacone Michael Joseph $2,250,000 Heights Title Services
Pendell David G $200,000 Attorney
Herzog Fred D $160,000 Attorney
Floreani Henry $45,000 Naples Title
Lucarelli Dev Inc $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iannacone Michael Joseph $1,800,000
Previous Owner Lucarelli Dev Inc $1,132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $2,280,000 -11.6% $514 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
06/05/2022 06/05/22 Price Changed $2,579,900 -11.0% $581 / Sq Ft
05/26/2022 05/26/22 For Sale $2,899,900 +141.9% $654 / Sq Ft
04/22/2013 04/22/13 Sold $1,199,000 0.0% $267 / Sq Ft View Prior Sale
03/23/2013 03/23/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $1,199,000 -- $267 / Sq Ft
Source: Naples Area Board of REALTORS®

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 $15,792 $1,715,513 -- --
2024 $15,698 $1,667,165 -- --
2023 $15,698 $1,618,607 $0 $0
2022 $11,548 $1,120,933 $0 $0
2021 $11,685 $1,088,284 $0 $0
2020 $11,407 $1,073,258 $0 $0
2019 $11,225 $1,049,128 $126,225 $922,903
2018 $12,830 $1,198,931 $0 $0
2017 $12,658 $1,174,271 $0 $0
2016 $12,371 $1,150,119 $0 $0
2015 $12,473 $1,142,124 $0 $0
2014 $2,245 $183,371 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Naples Area Board of REALTORS®

MLS Number: 222040018

Naples Area Board of REALTORS®

APN: 64625003509

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