tomo logo

$1,200,000

Beds
3
Baths
2.0
sq ft
2,600

5900 Cypress Hollow Way, Naples, FL 34109

5900 Cypress Hollow Way

Naples, FL 34109

  • 23 days on market
Total renovation!! As soon as you walk through the new, impact-rated front doors, you’ll appreciate the gleaming wood-plank tile throughout. The main living space is perfect for entertaining and the lush tropical view out every window is truly a Naples dream come true. The kitchen features modern cabinetry with clean lines, quartz countertops, and top-of-the-line appliances including a double oven with air fryer feature and induction cook top. The charming laundry room is located just off the kitchen and has a clever catch-all space, whimsical tile features, and plenty of natural light. On the opposite side of the living room you’ll find two over-sized bedrooms and a well-appointed bathroom. Moving upstairs you’ll find the new addition – a huge family room with soaring ceilings and a bonus loft space perfect for an office or dedicated play area. The master suite boasts tropical treehouse views and a completely renovated ensuite bathroom with a custom walk-in tile shower fit for a king. Back downstairs you can extend your living space by simply sliding open the new, impact-rated slider doors to the two-story lanai, bringing the outside in. The new pool with integrated spa is the focal point but there is plenty of additional space both under cover and in the sun to make this the perfect all-weather outdoor living area. The HVAC and metal roof are only 9 years old, with an expected lifespan of 40-70 years on a metal roof. The water heater is less than 1 year old. 2-car garage features built-in custom cabinets and a rear garage door for pull-through access.

Details

Property type

Single Family Residence

Est. home value

$958,688

Lot size

0.34 acres

Price per sq ft

$462

Year built

1985

Annual property taxes

$8,179.47

Monthly HOA fee

$70.83

Price History

11/01/2024

FGCMLS #224086705

Listed
$1,200,000
+48.15%
02/01/2022

FGCMLS #221075707

Sold
$810,000
+76.09%
05/03/2018

FGCMLS #218018825

Sold
$460,000
+5.5%

Schools & Community

Elementary school: 

OSCEOLA ELEMENTARY SCHOOL

Middle school: 

PINE RIDGE MIDDLE SCHOOL

High school: 

BARRON COLLIER HIGH SCHOOL

Number of units in community: 

1

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$494,237
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$609,763
Cash to seller
$494,237

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Success Mortgage Corp

Loan start date

February 2022

Original loan amount

$647,200

Est. remaining balance

$609,763

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

John Finocchiaro and Heather Anne Finocchiaro

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 1:35 AM

Listing updated: 11/16/2024 at 2:05 PM

Listed by: Brooke Lackey, Premiere Plus Realty Company Phone #: (239) 732-7837

MLS: FGCMLS #224086705

FGCMLS logo

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