NOT LISTED FOR SALE

12056 Cypress Key Way Royal Palm Beach, FL 33411

Crestwood Neighborhood

Estimated Value: $541,000 - $556,000

3 Beds
2.5 Baths
2,525 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $495,000 $196 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,945/month

94 Days on Market

Highlights

  • Clubhouse
  • Garden View
  • Balcony
  • Cypress Trails Elementary School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of March 2023

This townhouse in Cypress Key, Royal Palm Beach features a semi-private entrance and custom front door. Enter the home to 24-inch porcelain tiles custom light fixtures and ceiling fans. Other upgrades include electrical outlets on the family room floor. The kitchen and the laundry have upgraded cabinets and stainless-steel appliances. The upgraded banister and rails for the stairway take you up to the private area of the home with 3 bedrooms and 2 full baths including the ensuite master bath. The custom window treatment in the home stays. Outside the yard is fully fenced and overlooks a community garden and sitting area. Note. The chandelier over the dining table, the wall sconces at the top of the stairs and the cabinets in the garage are not included in the sale.

Last Agent to Sell the Property

Neil Picart

KW Reserve Palm Beach License #3128556 Listed on: 12/01/2022

KW Reserve Palm Beach

Last Buyer's Agent

Mina Khalil

Century 21 WC Realty License #3452949

Century 21 WC Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,562

Year Built

  • Built in 2018

Lot Details

  • 2,370 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,525 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Florida or Dining Combination
  • Tile Flooring
  • Garden Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 72414334140000600

Community Details

Overview

  • Association fees include management, common areas, cable TV, legal/accounting, ground maintenance, pool(s), recreation facilities, trash
  • Built by D.R. Horton
  • Park Central At Cypress K Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,562

Year Built

Built in 2018

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Southern Blvd west of St. Rd 7 (441) to community
  • Year Built: 2018
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Family/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 2525.0
  • Dining Room Type: Family Room
  • Stories: 2
  • Window Features: Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Builder Name: D.R. Horton
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Non-Gated, Park, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Legal/Accounting, Maintenance Grounds, Pool(s), Recreation Facilities, Trash

Lot Info

  • Parcel #: 72414334140000600
  • Lot Size Sq Ft: 2370.0
  • Zoning Description: MXD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2562.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Mar 24, 2023
Sold by
Tatum John E and Tatum Loretta R
Bought by
Mikheil Michael and Bishai Randa
Seller's Agent
Neil Picart
KW Reserve Palm Beach
Buyer's Agent
Mina Khalil
Century 21 WC Realty
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Total Days on Market
94
Views
75
Current Estimated Value
$547,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,749
Avg. Annual Appreciation
4.62%
Original Mortgage
$445,500
Outstanding Balance
$434,724
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$113,025

Purchase Details

Closed on
Oct 30, 2018
Sold by
K Hovnanian Cypress Key Llc
Bought by
Tatum John Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Sep 1, 2016
Bought by
K Hovnanian Cypress Key Llc
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
Mikheil Michael $495,000 Level 10 Title Llc
Tatum John Earl $373,905 Eastern National Title Agenc
K Hovnanian Cypress Key Llc $3,154,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikheil Michael $445,500
Previous Owner Tatum John Earl $200,000
Previous Owner Tatum John Earl $354,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $495,000 -2.0% $196 / Sq Ft
02/10/2023 02/10/23 Price Changed $505,000 -1.9% $200 / Sq Ft
12/29/2022 12/29/22 Price Changed $515,000 -1.9% $204 / Sq Ft
12/20/2022 12/20/22 For Sale $525,000 -- $208 / 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 $7,016 $421,000 -- --
2023 $2,610 $182,909 $0 $0
2022 $2,562 $177,582 $0 $0
2021 $2,533 $172,410 $0 $0
2020 $2,509 $170,030 $0 $0
2019 $2,465 $166,207 $0 $0
2018 $814 $44,000 $0 $44,000
2017 $738 $38,000 $0 $0
2016 $637 $32,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Neil Picart

    Seller's Agent in 2023

    Neil Picart

    KW Reserve Palm Beach

    (561) 889-7075

    3 in this area

    65 Total Sales

    Neil Picart
    Section Image

  • M

    Buyer's Agent in 2023

    Mina Khalil

    Century 21 WC Realty

    (646) 763-4920

    1 in this area

    11 Total Sales

    Mina Khalil
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10849183

BeachesMLS

APN: 72-41-43-34-14-000-0600

Florida Palm Beach County Royal Palm Beach 33411 Crestwood

12056 Cypress Key Way, Royal Palm Beach, FL

This home is located at 12056 Cypress Key Way, Royal Palm Beach, FL 33411 since 01 December 2022 and is currently estimated at $547,749, approximately $216 per square foot. This property was built in 2018. 12056 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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