NOT LISTED FOR SALE

1327 Cypress Trace Dr Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $516,000 - $549,000

3 Beds
2 Baths
1,771 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 28, 2025

Last sale price $540,000 $305 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,998/month

10 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Home fronts a pond
  • Lake View
  • Suntree Elementary School Rated A-
  • RV or Boat Storage in Community
  • Open Floorplan

About This Home

As of February 2025

SELLER OFFERING $10,000 BUYER CREDIT towards interest rate buy down or closing costs. Centrally located lakefront home in desirable Suntree Community of Cypress Trace. This spacious 3-bedroom , 2 bath home features an open floor plan w/ fireplace, vaulted ceilings, and lots of natural light. Tropical, tranquil lanai visible from almost every room offers a fabulous view of the saltwater pool & the lake. Waterproof vinyl & ceramic tile flooring throughout , quartz counters in both baths & granite counters in the kitchen & laundry. Extra large master bath w/ garden view. A custom wood deck just off master is ready & waiting for you to create your own private spa/oasis. Natural gas double oven range, gas tankless water heater, & gas barbeque hookup. New roof , water heater, pool in 2018. New A/C unit in 2023.

Last Agent to Sell the Property

Linda OConnell

Weichert REALTORS Hallmark Pro License #3318938 Listed on: 01/09/2025

Weichert REALTORS Hallmark Pro

Last Buyer's Agent

Rachel Langley

Blue Marlin Real Estate License #3547143

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,451

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road
  • North Facing Home
  • Privacy Fence
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,771 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Double Sided Fireplace
  • Wood Burning Fireplace
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Double Convection Oven
  • Gas Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Smart Thermostat
  • Hurricane or Storm Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Solar Heated In Ground Pool
  • Saltwater Pool
  • Waterfall Pool Feature
  • Screen Enclosure
  • Pool Sweep

Outdoor Features

  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-14-Oh-00000.0-0051.00

Community Details

Overview

  • Association fees include ground maintenance
  • $5 Other Monthly Fees
  • Suntree Master Homeowner Association
  • Cypress Trace Suntree Pud Stage 4 Subdivision

Recreation

  • RV or Boat Storage in Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,451

Year Built

Built in 1989

Lot Details

0

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, Gas Dryer Hookup, In Unit, Sink, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Reso View: Lake, Pond, Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Management - Full Time, Playground, RV/Boat Storage
  • Reso Association Fee Includes: Maintenance Grounds
  • ResoSpecialListingConditions: Owner Licensed RE, Standard
  • Subdivision Name: Cypress Trace Suntree PUD Stage 4
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • ResoWindowFeatures: Skylight(s)
  • Financial Info Electric: Underground
  • Location Tax and Legal Parcel Number2: 26-36-14-Oh-00000.0-0051.00
  • Location Tax and Legal Elementary School: Suntree
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 2451.1
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1771.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 55.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Pool Features Waterfall: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • Pool Features Salt Water: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Pool Features Pool Sweep: Yes
  • Utilities Natural Gas Available: Yes
  • Electric Underground: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Road Frontage Type Private Road: Yes
  • Fencing Privacy: Yes
  • Marketing Remarks:Marketing Remarks: Centrally located lakefront home in desirable Suntree Community of Cypress Trace. This spacious 3-bedroom , 2 bath home features an open floor plan w/ fireplace, vaulted ceilings, and lots of natural light. Tropical, tranquil lanai visible from almost every room offers a fabulous view of the saltwater pool & the lake. Waterproof vinyl & ceramic tile flooring throughout , quartz counters in both baths & granite counters in the kitchen & laundry. Extra large master bath w/ garden view. A custom wood deck just off master is ready & waiting for you to create your own private spa/oasis. Natural gas double oven range, gas tankless water heater, & gas barbeque hookup. New roof , water heater, pool in 2018. New A/C unit in 2023.
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Smart Thermostat, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Laminate, Tile
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Plumbed For Ice Maker, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Double Sided, Wood Burning
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Gas Oven: Yes
  • Appliances:Plumbed For Ice Maker: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Smart Thermostat: Yes
  • Fireplace Features:Double Sided: Yes

Exterior Features

  • Exterior Features: Impact Windows, Storm Shutters
  • Pool Features: In Ground, Pool Sweep, Salt Water, Screen Enclosure, Solar Heat, Waterfall
  • Roof: Shingle
  • Fencing: Privacy, Wood
  • Acres: 0.22
  • Pool Private: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 245.0
  • Association Fee Frequency: Annually
  • Association Name: Suntree Master Homeowner
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Suntree Master Homeowner
  • General Property Information:Association Fee: 245.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Playground: Yes
  • Association Amenities:RVBoat Storage: Yes
  • Association Fee Includes:Maintenance Grounds: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-14-Oh-00000.0-0051.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2451.1

MLS Schools

  • Elementary School: Suntree
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 28, 2025
Sold by
Oconnell Richard J and Oconnell Linda J
Bought by
Lemmen Kurt and Lemmen Stephanie
Seller's Agent
Linda OConnell
Weichert REALTORS Hallmark Pro
Buyer's Agent
Rachel Langley
Blue Marlin Real Estate
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Views
26
Current Estimated Value
$530,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,856
Avg. Annual Appreciation
-2.36%
Original Mortgage
$520,695
Outstanding Balance
$518,117
Interest Rate
7.04%
Mortgage Type
VA
Estimated Equity
$12,027

Purchase Details

Listed on
Dec 23, 2017
Closed on
Mar 6, 2018
Sold by
Malta Larry M
Bought by
Connell Richard J O and Connell Linda J O
Seller's Agent
Christine Lahiff
Sea Cay Realty & Management
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$155,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 10, 2011
Sold by
Malta Larry M and Malta Nancy M
Bought by
Malta Larry M and Malta Nancy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lemmen Kurt $540,000 Bella Title & Escrow
Lemmen Kurt $540,000 Bella Title & Escrow
Connell Richard J O $300,000 Alliance Title Ins Agency In
Malta Larry M -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemmen Kurt $520,695
Closed Lemmen Kurt $520,695
Previous Owner Connell Richard J O $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2025 02/28/25 Sold $540,000 -1.8% $305 / Sq Ft
01/19/2025 01/19/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $550,000 +83.3% $311 / Sq Ft
03/06/2018 03/06/18 Sold $300,000 -7.7% $169 / Sq Ft View Prior Sale
01/19/2018 01/19/18 Pending -- -- --
12/23/2017 12/23/17 For Sale $325,000 -- $184 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2025 $2,500 $201,590 -- --
2024 $2,451 $195,910 -- --
2023 $2,451 $190,210 $0 $0
2022 $2,278 $184,670 $0 $0
2021 $2,351 $179,300 $0 $0
2020 $2,303 $176,830 $0 $0
2019 $2,250 $172,860 $0 $0
2018 $3,800 $244,640 $59,000 $185,640
2017 $3,640 $225,780 $59,000 $166,780
2016 $3,430 $197,230 $41,000 $156,230
2015 $2,901 $179,040 $43,000 $136,040
2014 $2,675 $162,770 $43,000 $119,770
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1033772

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-14-OH-00000.0-0051.00