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Sold for $540,000
  • $540,000

    1261 Cypress Trace Dr, Melbourne, FL 32940

    3beds
    2,119sqft
    Single Family Residence
    Built in 1989
    0.34 Acres Lot
    $584,400 Zestimate®
    $255/sqft
    $3,686 Estimated rent

    Home value

    $584,400

    $555,000 - $619,000

    $3,686/mo

    Zestimate® history
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    What's special

    The Cypress Trace subdivision in Suntree is known for its picturesque surroundings and tranquil atmosphere. As you approach the house, you're greeted by a well-manicured lawn and lush landscaping, which gives this property the perfect curb appeal. This home truly encompasses the ease of ownership. It has a 2-car garage, 2017 roof, 2018 A/C system, 2024 hot water heater, brand new kitchen cabinets, brand new epoxy garage floor, brand new carpet, brand new screen on pool enclosure, etc. The home also features a beautiful pool with a lake view, which makes for pure relaxation. Additionally, this location is also known for its schools. The schools in this area are known to be among the highest rated schools in the county. This home is absolutely gorgeous and is not one you want to miss. Come see this amazing home in Suntree.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brandon Albrecht 530-434-2707,

    Keller Williams Realty Brevard

    Bought with:

    Binki Kaiser, 601426

    One Sotheby's International

    Source: Space Coast AOR,MLS#: 1007086

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower
    • Flooring: Carpet, Tile, Wood
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,119 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Circular Driveway, Garage, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible Central Living Area, Accessible Common Area, Accessible Entrance, Accessible Full Bath, Accessible Kitchen
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered
    • Exterior features: Storm Shutters
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Lake, Pool
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    Lot
    • Size: 0.34 Acres
    • Features: Corner Lot
    Details
    • Additional parcels included: 2604461
    • Parcel number: 263623Oh00000.00056.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stucco
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1989

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Other
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Security System Owned, Smoke Detector(s)
    • Subdivision: Cypress Trace Suntree PUD Stage 4
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance Grounds
    • Services included: Maintenance Grounds
    • HOA fee: $240 annually
    • HOA name: Suntree Estates HOA
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $255/sqft
    • Tax assessed value: $455,980
    • Annual tax amount: $2,636
    • Date on market: 3/7/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    7/1/2024Sold$540,000-10%$255/sqft
    Source: Space Coast AOR #1007086 Report a problem
    6/15/2024Pending sale$599,900$283/sqft
    Source: Space Coast AOR #1007086 Report a problem
    6/5/2024Price change$599,900-4%$283/sqft
    Source: Space Coast AOR #1007086 Report a problem
    5/11/2024Price change$625,000-3.8%$295/sqft
    Source: Space Coast AOR #1007086 Report a problem
    4/24/2024Price change$650,000-3.7%$307/sqft
    Source: Space Coast AOR #1007086 Report a problem
    3/7/2024Listed for sale$675,000+189.7%$319/sqft
    Source: Space Coast AOR #1007086 Report a problem
    5/2/2003Sold$233,000$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,896 -23.3%$375,930 -21.4%
    2024$6,386 +142.3%$478,240 +133.5%
    2023$2,636 +5.3%$204,850 +3%
    2022$2,504 -3.2%$198,890 +3%
    2021$2,586 +2.4%$193,100 +1.4%
    2020$2,525 +2.1%$190,440 +2.3%
    2019$2,472 $186,160 +1.9%
    2018$2,472 -0.1%$182,690 +2.1%
    2017$2,475 -0.8%$178,940 +2.1%
    2016$2,494 -1.6%$175,260 +0.7%
    2015$2,534 -3.8%$174,050 +0.8%
    2014$2,633 $172,670 -6.1%
    2013-- $183,850 +9.9%
    2012$2,267 -5.4%$167,280 -4.1%
    2011$2,396 +3.6%$174,480 -3.6%
    2010$2,313 -9.9%$180,980 -12%
    2009$2,565 -11.2%$205,720 -12.5%
    2008$2,890 -2.1%$235,000 -7.1%
    2007$2,952 -8.7%$253,000 +5.1%
    2005$3,232 -2.7%$240,770 +35.9%
    2004$3,323 +26.5%$177,110 +7.8%
    2003$2,626 +2.9%$164,280 +9.7%
    2002$2,552 +2.6%$149,770 +4.9%
    2001$2,487 +7.4%$142,780 -1.2%
    2000$2,317 $144,580
    Find assessor info on the county website

    Neighborhood: 32940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Suntree
    • Middle: DeLaura
    • High: Viera

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $584,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $584,400