NOT LISTED FOR SALE

1261 Cypress Trace Dr Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $523,000 - $558,950

3 Beds
2.5 Baths
2,119 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: July 1, 2024

Last sale price $540,000 $255 Per Sq Ft

Current estimated payment $3,486 / mo

98 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Wood Flooring
  • Suntree Elementary School Rated A-
  • Open Floorplan
  • Corner Lot

About This Home

As of July 2024

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.

Last Agent to Sell the Property

Brandon Albrecht

NextHome Sunrise Realty License #3548153 Listed on: 03/07/2024

Last Buyer's Agent

Binki Kaiser

One Sotheby's International License #601426

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,636

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 14,810 Sq Ft Lot
  • Lake Front
  • East Facing Home
  • Corner Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 2,119 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Common Area
  • Accessible Kitchen
  • Central Living Area
  • Level Entry For Accessibility

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Suntree Elementary School
  • Delaura Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance
  • Suntree Estates HOA
  • Cypress Trace Suntree Pud Stage 4 Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 26-36-23-Oh-00000.0-0056.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,636

Year Built

Built in 1989 | Remodeled

Lot Details

0.34 Acres

HOA Fees

$20 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pool
  • ResoSecurityFeatures: Smoke Detector(s), Security System Owned
  • Reso Association Amenities: Maintenance Grounds
  • Reso Association Fee Includes: Maintenance Grounds
  • Subdivision Name: Cypress Trace Suntree PUD Stage 4
  • Reso Accessibility Features: Accessible Common Area, Accessible Central Living Area, Accessible Entrance, Accessible Full Bath, Accessible Kitchen
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Breakfast Nook
  • Flooring: Carpet, Tile, Wood
  • Appliances: Convection Oven, Disposal, Dishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Stories: 1

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground
  • Roof: Shingle
  • Acres: 0.34
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Other, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 240.0
  • Association Fee Frequency: Annually
  • Association Name: Suntree Estates HOA
  • Association: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-23-Oh-00000.0-0056.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2636.05

MLS Schools

  • Elementary School: Suntree
  • High School: Viera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jul 1, 2024
Sold by
Bought by
Seller's Agent
Brandon Albrecht
NextHome Sunrise Realty
Buyer's Agent
Binki Kaiser
One Sotheby's International
List Price
$675,000
Sold Price
$540,000
Premium/Discount to List
-$135,000
-20%
Views
87
Current Estimated Value
$541,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,488
Avg. Annual Appreciation
0.14%

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jun 27, 2024
Sold by
Bought by
Seller's Agent
Brandon Albrecht
NextHome Sunrise Realty
Buyer's Agent
Binki Kaiser
One Sotheby's International
List Price
$675,000
Sold Price
$540,000
Premium/Discount to List
-$135,000
-20%
Views
87

Purchase Details

Closed on
Dec 13, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
4.38%

Purchase Details

Closed on
Apr 25, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$540,000 Prestige Title Of Brevard
$540,000 Prestige Title Of Brevard
$540,000 Prestige Title Of Brevard
$540,000 Prestige Title
-- Aloma Title Company
$233,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $108,500
Previous Owner $120,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $540,000 -10.0% $255 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $599,900 -4.0% $283 / Sq Ft
05/11/2024 05/11/24 Price Changed $625,000 -3.8% $295 / Sq Ft
04/24/2024 04/24/24 Price Changed $650,000 -3.7% $307 / Sq Ft
03/07/2024 03/07/24 For Sale $675,000 -- $319 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,386 $375,930 -- --
2024 $2,636 $478,240 -- --
2023 $2,636 $204,850 $0 $0
2022 $2,504 $198,890 $0 $0
2021 $2,586 $193,100 $0 $0
2020 $2,525 $190,440 $0 $0
2019 $2,472 $186,160 $0 $0
2018 $2,475 $182,690 $0 $0
2017 $2,494 $178,940 $0 $0
2016 $2,534 $175,260 $41,000 $134,260
2015 $2,608 $174,050 $43,000 $131,050
2014 $2,633 $172,670 $43,000 $129,670
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Brandon Albrecht

    NextHome Sunrise Realty

    (530) 434-2707

    3 in this area

    13 Total Sales

    Brandon Albrecht
    Section Image
  • Binki Kaiser

    Buyer's Agent in 2024

    Binki Kaiser

    One Sotheby's International

    (321) 795-7184

    9 in this area

    101 Total Sales

    Binki Kaiser
    Section Image
See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1007086

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-23-OH-00000.0-0056.00

Florida Brevard County Melbourne 32940 Suntree

1261 Cypress Trace Dr, Melbourne, FL

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.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.