NOT LISTED FOR SALE

11991 Cypress Key Way Royal Palm Beach, FL 33411

Crestwood Neighborhood

Estimated Value: $691,798 - $833,000

5 Beds
2.5 Baths
2,896 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $458,000 $158 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,919/month

Highlights

  • Waterfront
  • Canal View
  • High Ceiling
  • Cypress Trails Elementary School Rated A-
  • Clubhouse
  • Balcony

About This Home

As of December 2022

2018 NEW CONSTRUCTION 5 bedroom/ 2.5 bath single family home with 3 car garage exclusively located in Royal Palm Beach less than a 1/2 mile from Forest Hill Blvd and Southern Blvd. This beautiful, lake-front home features all new stainless appliances, dark hardwood cabinetry, tasteful tile flooring through 1st floor common areas, 3 car garage, ample closet space including walk-in kitchen pantry, smart thermostat, and much more. This is the perfect home for any family with the desire to live in the coveted Royal Palm Beach/ Wellington area and have convenient access to all the wonderful amenities these two towns have to offer. Note: prospective tenants must receive HOA approval before leasing.

Last Agent to Rent the Property

Lynnette Pohl

Highlight Realty Corp/LW License #3282698 Listed on: 11/04/2022

Last Renter's Agent

Maria Raspanti

Keller Williams Realty - Welli License #3303507

Keller Williams Realty - Welli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,853

Year Built

  • Built in 2018

Lot Details

  • Waterfront
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,896 Sq Ft Home
  • High Ceiling
  • Canal Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Park Central At Cypress K Subdivision
  • Clubhouse

Listing and Financial Details

  • Property Available on 11/4/22
  • Assessor Parcel Number 72414334140000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,853

Year Built

Built in 2018

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2022-11-04

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS
  • Year Built: 2018
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, High Ceilings, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Living Area: 2896.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal
  • Lot Features: Sprinklers Automatic
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Non-Gated, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse

Lot Info

  • Parcel #: 72414334140000100
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2024
Sold by
Li Jie
Bought by
Tigress Trust and Li
Current Estimated Value
$775,950

Purchase Details

Closed on
Jun 16, 2023
Sold by
Wu Zhongyou
Bought by
Li Jie

Purchase Details

Listed on
Aug 14, 2018
Closed on
Nov 5, 2018
Sold by
D R Horton Inc
Bought by
Wu Zhongyou
Seller's Agent
Maria Cardenas
D.R. Horton Realty of Southeas
Buyer's Agent
Shengrong Sagrista
Partnership Realty Inc.
List Price
$500,000
Sold Price
$458,000
Premium/Discount to List
-$42,000
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%

Purchase Details

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

Range of Values:

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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
Tigress Trust -- None Listed On Document
Li Jie -- None Listed On Document
Li Jie -- None Listed On Document
Wu Zhongyou $458,000 Dhi Title Of Florida Inc
Dr Horton Inc $3,190,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Rented $3,900 -2.5% --
11/08/2022 11/08/22 Under Contract -- -- --
11/04/2022 11/04/22 For Rent $4,000 +33.3% --
08/23/2019 08/23/19 Rented $3,000 -11.1% --
07/24/2019 07/24/19 Under Contract -- -- --
05/21/2019 05/21/19 For Rent $3,375 0.0% --
11/05/2018 11/05/18 Sold $458,000 -8.4% $156 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $500,000 -- $171 / 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 $9,853 $498,510 -- --
2023 $9,339 $453,191 $0 $0
2022 $8,638 $411,992 $0 $0
2021 $7,840 $438,178 $90,704 $347,474
2020 $6,799 $340,489 $95,000 $245,489
2019 $7,350 $364,666 $95,000 $269,666
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

  • Lynnette Pohl

    Landlord's Agent in 2022

    Lynnette Pohl

    Highlight Realty Corp/LW

    (305) 890-7450

    1 Total Sale

    Lynnette Pohl
    Section Image
  • Maria Raspanti

    Tenant's Agent in 2022

    Maria Raspanti

    Keller Williams Realty - Welli

    (561) 800-3609

    2 in this area

    110 Total Sales

    Maria Raspanti
    Section Image

  • M

    Seller's Agent in 2019

    Mike Hilghman

    Florida Premier Realty of the Palm Beaches LLC

    (561) 294-8255

    31 Total Sales

    Mike Hilghman
    Section Image

  • M

    Buyer's Agent in 2019

    Melissa Anderson

    RE/MAX

    (561) 541-0908

    18 Total Sales

    Melissa Anderson
    Section Image

  • M

    Seller's Agent in 2018

    Maria Cardenas

    D.R. Horton Realty of Southeas

    (954) 829-9060

    748 Total Sales

    Maria Cardenas
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10843799

BeachesMLS

APN: 72-41-43-34-14-000-0100

Florida Palm Beach County Royal Palm Beach 33411 Crestwood

11991 Cypress Key Way, Royal Palm Beach, FL

This home is located at 11991 Cypress Key Way, Royal Palm Beach, FL 33411 since 04 November 2022 and is currently priced at $775,950. This property was built in 2018. 11991 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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