NOT LISTED FOR SALE

1502 Cypress Trace Dr Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $528,000 - $588,000

3 Beds
2 Baths
2,085 Sq Ft
$269/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $488,500 $234 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,642/month

41 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Wood Flooring
  • Suntree Elementary School Rated A-
  • Open Floorplan
  • Great Room

About This Home

As of September 2022

Light & Bright Beautiful Suntree Home has 3 Bedrooms plus an Office which could be a 4th Bedroom. This home sits on an oversized lot, with a large, trussed screened porch overlooking the Baytree Golf Course & a lake making your backyard very private and serene, complete with mature fruit trees. This open floor plan has tile flooring in kitchen & baths & wood flooring in main living areas, office and bedrooms! Large Primary Bedroom has 2 walk-in closets, jacuzzi tub, shower and double sinks. Roof 2013, SS Kitchen Appliances 2019, Water Heater 2013, Storm Shutters. This home is located on a street that ends at a cul-de-sac so car traffic is minimal. Close to I95, area restaurants and attractions. Looking in Suntree? This is your home.

Last Agent to Sell the Property

Kerry Ramage

RE/MAX Elite License #3153344 Listed on: 08/27/2022

RE/MAX Elite

Last Buyer's Agent

Judy Dassinger

Lokation Real Estate License #581348

Lokation Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,355

Year Built

  • Built in 1993

Lot Details

  • 10,019 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • Street terminates at a dead end
  • East Facing Home
  • Few Trees

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Golf Course
  • City

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,085 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • Suntree Master Association, Suntreeflorida.Com Association
  • Cypress Trace Suntree Pud Stage 4 Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 26-36-23-Oh-00000.0-0021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,355

Year Built

Built in 1993

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street, Few Trees
  • Reso View: City, Golf Course, Lake, Pond, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cypress Trace Suntree PUD Stage 4
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Few Trees: Yes
  • View:City3: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Natural Gas 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 #2 Fee: 45.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 232.0
  • Association Fee Frequency: Annually
  • Association Name: Suntree Master Association, suntreeflorida.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Suntree Master Association, suntreeflorida.com
  • General Property Information:Association Fee: 232.0
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Fee 2: 45.0
  • General Property Information:Association Fee 2 Frequency: Quarterly

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2604437
  • Parcel #: 26-36-23-Oh-00000.0-0021.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2354.85

MLS Schools

  • Elementary School: Suntree
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2022
Closed on
Sep 22, 2022
Sold by
Sanderson Kendall L
Bought by
Nursey Derek C and Nursey Robin C
Seller's Agent
Kerry Ramage
RE/MAX Elite
Buyer's Agent
Judy Dassinger
Lokation Real Estate
List Price
$500,000
Sold Price
$488,500
Premium/Discount to List
-$11,500
-2.3%
Total Days on Market
41
Current Estimated Value
$561,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,928
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Jul 26, 2021
Sold by
Sanderson Kendall L
Bought by
Sanderson Kendall L and Sanderson Carlton Tradd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,550
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2021
Sold by
Sanderson Kendall Louise
Bought by
Sanderson Carlton Tradd and Sanderson Family Trust

Purchase Details

Listed on
Feb 16, 2013
Closed on
Apr 30, 2013
Sold by
Horne Jon
Bought by
Sanderson Kendall Louise
Seller's Agent
Thomas Taranto
Taranto Realty Team, LLC
Buyer's Agent
Aida Teague
Southern Tropics R.E. LLC
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$161,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2012
Sold by
Rowlands Catherine F and The Gerard Fowler Horne Trust
Bought by
Horne Jon

Purchase Details

Closed on
Dec 7, 1993
Sold by
Harrowsmith John and Harrowsmith Cynthia A
Bought by
Horne Gerard F and Horne Betty D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,850
Interest Rate
6.85%
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
Nursey Derek C $488,500 Prestige Title
Sanderson Kendall L -- None Available
Sanderson Kendall L -- None Available
Sanderson Carlton Tradd -- Accommodation
Sanderson Kendall Louise $170,000 North American Title Company
Horne Jon -- Attorney
Horne Gerard F $172,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanderson Kendall L $156,550
Previous Owner Sanderson Kendall Louise $161,500
Previous Owner Horne Gerard F $137,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $488,500 -2.3% $234 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/27/2022 08/27/22 For Sale $500,000 0.0% $240 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $500,000 0.0% $240 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $500,000 +194.1% $240 / Sq Ft
04/30/2013 04/30/13 Sold $170,000 -12.8% $82 / Sq Ft
03/15/2013 03/15/13 Pending -- -- --
02/16/2013 02/16/13 For Sale $195,000 -- $94 / 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
2023 $5,667 $411,230 $126,500 $284,730
2022 $2,287 $179,870 $0 $0
2021 $2,355 $174,640 $0 $0
2020 $2,291 $172,230 $0 $0
2019 $2,236 $168,360 $0 $0
2018 $2,237 $165,230 $0 $0
2017 $2,251 $161,840 $0 $0
2016 $2,284 $158,520 $41,000 $117,520
2015 $2,348 $157,420 $43,000 $114,420
2014 $2,362 $156,180 $43,000 $113,180
Source: Public Records

Agents Affiliated with this Home

  • Kerry Ramage

    Seller's Agent in 2022

    Kerry Ramage

    RE/MAX

    (321) 863-2746

    12 in this area

    119 Total Sales

    Kerry Ramage
    Section Image
  • Judy Dassinger

    Buyer's Agent in 2022

    Judy Dassinger

    Lokation Real Estate

    (321) 693-3412

    1 in this area

    33 Total Sales

    Judy Dassinger
    Section Image
  • Thomas Taranto

    Seller's Agent in 2013

    Thomas Taranto

    Taranto Realty Team, LLC

    (321) 259-1170

    6 in this area

    367 Total Sales

    Section Image

  • A

    Buyer's Agent in 2013

    Aida Teague

    Southern Tropics R.E. LLC

See All Agents

Map

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

MLS Number: 941210

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-23-OH-00000.0-0021.00

Florida Brevard County Melbourne 32940 Suntree

1502 Cypress Trace Dr, Melbourne, FL

This home is located at 1502 Cypress Trace Dr, Melbourne, FL 32940 since 27 August 2022 and is currently estimated at $561,428, approximately $269 per square foot. This property was built in 1993. 1502 Cypress Trace Dr is a home located in Brevard County with nearby schools including Suntree Elementary School, Viera High School, and Delaura Middle 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.

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.

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