NOT LISTED FOR SALE

12071 Cypress Key Way Royal Palm Beach, FL 33411

Crestwood Neighborhood

Estimated Value: $715,000 - $814,000

5 Beds
2.5 Baths
2,896 Sq Ft
$256/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $655,000 $226 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,347/month

103 Days on Market

Highlights

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

About This Home

As of June 2023

Stunning 5 bedroom 2.5 bath spacious ''alexa'' smart home in an amazing new community in the heart of Royal Palm. This amazing home features a gorgeous kitchen with granite tops and top of the line stainless steel appliances. The home has new wood like title on the first floor and tall ceilings which gives this open concept make feel much larger. This home is energy efficient and features impact windows. This dream home wont last long.

Last Agent to Sell the Property

Michael Sheriff

RE/MAX Direct License #SL3325247 Listed on: 03/15/2023

RE/MAX Direct

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,737

Year Built

  • Built in 2017

Lot Details

  • 9,013 Sq Ft Lot
  • Waterfront
  • Property is zoned MXD(ci

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Great Room
  • Combination Kitchen and Dining Room
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • Canal Access

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 72414334140000020

Community Details

Overview

  • Association fees include cable TV, ground maintenance, internet
  • Park Central At Cypress K Subdivision

Amenities

  • Clubhouse
  • Community Wi-Fi

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,737

Year Built

Built in 2017

Lot Details

0

HOA Fees

$298 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Southern Blvd. west past Royal Palm Beach Blvd. Take Right on Cypress Head Ave and then left on Cypress Key Way. House is 2nd from end.
  • Year Built: 2017
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Laminate, Tile
  • Living Area: 2896.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 2

Exterior Features

  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 298.0
  • Community Features: Clubhouse, Internet Access, Non-Gated, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Internet

Lot Info

  • Parcel #: 72414334140000020
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9013.0
  • Zoning Description: MXD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10737.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 24, 2023
Sold by
Alfred Chad
Bought by
Dhakal Sankalpa and Aryal Bibhuti
Seller's Agent
Michael Sheriff
RE/MAX Direct
List Price
$735,000
Sold Price
$655,000
Premium/Discount to List
-$80,000
-10.88%
Views
135
Current Estimated Value
$748,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,434
Avg. Annual Appreciation
6.02%
Original Mortgage
$589,500
Outstanding Balance
$577,438
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$164,030

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 20, 2021
Sold by
Kilgen Michael A and Kilgen Tracy
Bought by
Alfred Chad
Seller's Agent
Tina Barnes
Vylla Home
Buyer's Agent
Nestor Monterrey
Coldwell Banker Realty
List Price
$575,000
Sold Price
$574,999
Premium/Discount to List
-$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$574,999
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 27, 2018
Sold by
D R Horton Inc
Bought by
Kilgen Michael A
Seller's Agent
Maria Cardenas
D.R. Horton Realty of Southeas
Buyer's Agent
Kasee Vickery
Vickery Realty, Inc
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$384,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

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

Purchase Details

Closed on
Jan 1, 2016
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dhakal Sankalpa $655,000 Sun Title & Abstract
Alfred Chad $574,999 Transamerican Ttl & Setmnt S
Kilgen Michael A $480,000 Dhi Title Of Florida Inc
Dr Horton Inc $3,190,000 None Available
D R Horton Inc $1,141,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhakal Sankalpa $589,500
Previous Owner Alfred Chad $574,999
Previous Owner Kilgen Michael A $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $655,000 -3.5% $226 / Sq Ft
06/01/2023 06/01/23 Price Changed $679,000 -1.5% $234 / Sq Ft
05/03/2023 05/03/23 Price Changed $689,000 -1.4% $238 / Sq Ft
04/15/2023 04/15/23 Price Changed $699,000 -2.2% $241 / Sq Ft
03/26/2023 03/26/23 Price Changed $715,000 -2.7% $247 / Sq Ft
03/15/2023 03/15/23 For Sale $735,000 +27.8% $254 / Sq Ft
05/20/2021 05/20/21 Sold $574,999 0.0% $196 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $575,000 +19.8% $196 / Sq Ft
09/27/2018 09/27/18 Sold $480,000 0.0% $164 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $480,000 -- $164 / 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 $10,980 $634,092 -- --
2023 $11,590 $618,853 $0 $0
2022 $10,737 $562,594 $0 $0
2021 $6,647 $376,465 $0 $0
2020 $6,600 $371,267 $100,000 $271,267
2019 $7,201 $398,012 $100,000 $298,012
2018 $8,215 $424,235 $127,000 $297,235
2017 $2,136 $110,000 $110,000 $0
2016 $1,473 $74,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Sheriff

    Seller's Agent in 2023

    Michael Sheriff

    RE/MAX

    (561) 662-8747

    1 in this area

    194 Total Sales

    Section Image
  • Tina Barnes

    Seller's Agent in 2021

    Tina Barnes

    Vylla Home

    (561) 574-6501

    1 in this area

    37 Total Sales

    Section Image
  • Nestor Monterrey

    Buyer's Agent in 2021

    Nestor Monterrey

    Coldwell Banker Realty

    (561) 809-8203

    1 in this area

    55 Total Sales

    Section Image

  • M

    Seller's Agent in 2018

    Maria Cardenas

    D.R. Horton Realty of Southeas

    (954) 829-9060

    797 Total Sales

    Section Image
  • Kasee Vickery

    Buyer's Agent in 2018

    Kasee Vickery

    Vickery Realty, Inc

    (561) 313-2720

    95 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10874018

BeachesMLS

APN: 72-41-43-34-14-000-0020

Florida Palm Beach County Royal Palm Beach 33411 Crestwood

12071 Cypress Key Way, Royal Palm Beach, FL

This home is located at 12071 Cypress Key Way, Royal Palm Beach, FL 33411 since 15 March 2023 and is currently estimated at $741,468, approximately $256 per square foot. This property was built in 2017. 12071 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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