NOT LISTED FOR SALE

11981 Cypress Key Way Royal Palm Beach, FL 33411

Crestwood Neighborhood

Estimated Value: $704,900 - $855,000

5 Beds
2.5 Baths
2,932 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $470,000 $160 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,118/month

6 Days on Market

Highlights

  • Newly Remodeled
  • Waterfront
  • Clubhouse
  • Cypress Trails Elementary School Rated A-
  • Canal View
  • Roman Tub

About This Home

As of August 2018

Brand NEW single-family home in coveted Royal Palm Beach on a large waterfront lot! Spacious 5 Bedroom/2.5 bath home has a stone facade, 3-car garage, covered patio & large Great Room w/ dining area. Impact glass throughout. Kitchen features upgraded espresso cabinets, chef's island, granite counters & stainless steel appliances. Master suite oasis on the 1st floor. Master bath has upgraded quartz counters, dual sinks, oversized walk in shower with a frameless glass door & huge walk in closet. The upstairs offers a large loft. Enjoy the large backyard with water views under your covered patio. CALL FOR A TOUR AND MOVE IN SPECIALS- Restrictions may apply *Pictures, photographs, features, colors and sizes are approximate for illustration purposes only and will vary from the home as built.

Last Agent to Sell the Property

Maria Cardenas

D.R. Horton Realty of Southeas License #3161604 Listed on: 07/24/2018

D.R. Horton Realty of Southeas

Last Buyer's Agent

Narayan Ramirez

KW Reserve Palm Beach License #3394347

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Waterfront
  • Interior Lot
  • Sprinkler System
  • Property is zoned MXD(ci

HOA Fees

  • $181 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 2,932 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Combination Dining and Living Room
  • Loft
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Roman Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 72414334140000110

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s), recreation facilities
  • Park Central At Cypress K Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,136

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$181 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Florida's Turnpike Take exit 97 Head West FL-80 W/US-98/Southern Blvd to destinationon the right.
  • Year Built: 2017
  • Architectural Style: Mediterranean
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Living/Dining Room, Pantry, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2932.0
  • Dining Room Type: Great Room, Loft
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio
  • View: Canal
  • Lot Features: Interior Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Home Warranty, Owner Is Listing Agent
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 181.0
  • Community Features: Clubhouse, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities

Lot Info

  • Parcel #: 72414334140000110
  • Zoning Description: MXD(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2136.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Aug 30, 2018
Sold by
Dr Horton Inc
Bought by
Feliciano Maximino
Seller's Agent
Maria Cardenas
D.R. Horton Realty of Southeas
Buyer's Agent
Narayan Ramirez
KW Reserve Palm Beach
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%
Total Days on Market
6
Current Estimated Value
$787,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,475
Avg. Annual Appreciation
7.87%
Original Mortgage
$376,000
Outstanding Balance
$330,571
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$456,904

Purchase Details

Closed on
Aug 31, 2016
Sold by
K Hovananian Cypress Key Llc
Bought by
Dr Horton Inc
Source: Public Records

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Range of Values:

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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
Feliciano Maximino $470,000 Dhi Title Of Florida Inc
Dr Horton Inc $3,190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feliciano Maximino $376,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2018 08/30/18 Sold $470,000 -1.1% $160 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $475,000 -- $162 / Sq Ft
Source: BeachesMLS

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
2024 $6,440 $384,567 -- --
2023 $6,280 $373,366 $0 $0
2022 $6,209 $362,491 $0 $0
2021 $6,174 $351,933 $0 $0
2020 $6,129 $347,074 $95,000 $252,074
2019 $6,568 $365,837 $95,000 $270,837
2018 $2,354 $127,000 $127,000 $0
2017 $2,136 $110,000 $110,000 $0
2016 $1,473 $74,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Maria Cardenas

    D.R. Horton Realty of Southeas

    (954) 829-9060

    854 Total Sales

    Maria Cardenas
    Section Image

  • N

    Buyer's Agent in 2018

    Narayan Ramirez

    KW Reserve Palm Beach

See All Agents

Map

Source: BeachesMLS

MLS Number: R10450268

BeachesMLS

APN: 72-41-43-34-14-000-0110

Florida Palm Beach County Royal Palm Beach 33411 Crestwood

11981 Cypress Key Way, Royal Palm Beach, FL

This home is located at 11981 Cypress Key Way, Royal Palm Beach, FL 33411 since 24 July 2018 and is currently estimated at $787,475, approximately $268 per square foot. This property was built in 2017. 11981 Cypress Key Way is a home located in Palm Beach County with nearby schools including Cypress Trails Elementary School, Crestwood Community Middle School, and Royal Palm Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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