NOT LISTED FOR SALE

1511 Cypress Trace Dr Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $536,000 - $609,000

4 Beds
2 Baths
2,356 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $415,000 $176 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,491/month

52 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Clubhouse
  • Suntree Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of December 2020

What a VIEW! Located on one of the best lots in the neighborhood! You will want to call this updated, 4 bedroom home your own! Water views from almost every room in the house! High ceilings give airy feeling, hardwood flooring is inviting! Split floor plan with lots of spaces for everyone! Updated kitchen appliances and countertops, bathrooms up-to-date, and master bath feels like a spa! 2 nice size, walk in closets, large master with sliders out to the spacious screened-in lanai! Close to everything! Golf, tennis, restaurants, shopping, major businesses and highways; just a short drive to the beach! Bring your BEST offer soon!

Last Agent to Sell the Property

Dana Saunders

Real Broker, LLC License #3326166 Listed on: 11/09/2020

Real Broker, LLC

Last Buyer's Agent

Ian Fine

Denovo Realty License #3331549

Denovo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 1991

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,356 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-23-Oh-00000.0-0031.00

Community Details

Overview

  • $19 Other Monthly Fees
  • Cypress Trace And Suntree Master HOA
  • Cypress Trace Suntree Pud Stage 4 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,528

Year Built

Built in 1991

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Basketball Court, Clubhouse, Jogging Path, Maintenance Grounds, Management - Full Time, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cypress Trace Suntree PUD Stage 4
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-23-Oh-00000.0-0031.00
  • 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: 4528.38
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2356.0
  • General Property Information Building Area Total3: 2931.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 233.0
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Pool Private: No
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 40.0
  • Association Fee Frequency: Annually
  • Association Name: Cypress Trace and Suntree Master HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Cypress Trace and Suntree Master HOA
  • General Property Information:Association Fee: 40.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-23-Oh-00000.0-0031.00

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4528.38

MLS Schools

  • Elementary School: Suntree
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2023
Sold by
Lyons Kimberly A
Bought by
Kimberly A Lyons Revocable Trust and Lyons
Current Estimated Value
$572,224

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 16, 2020
Sold by
Wagner Lorraine and James J Spellman Trust
Bought by
Lyons Kimberly A
Seller's Agent
Dana Saunders
Real Broker, LLC
Buyer's Agent
Ian Fine
Denovo Realty
List Price
$415,000
Sold Price
$415,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%
Original Mortgage
$332,000
Interest Rate
3.25%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 22, 2015
Sold by
Spellman James J
Bought by
Spellman James J and The James J Spellman Trust

Purchase Details

Listed on
Jan 8, 2015
Closed on
Feb 20, 2015
Sold by
Sandberg Ruth H and Sandberg Family Revocable Trus
Bought by
Spellman James J
Seller's Agent
Jeffrey Beck
RE/MAX Expertise
Buyer's Agent
Larry Leaman
One Sotheby's Inter Realty
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$207,200
Interest Rate
3.81%

Purchase Details

Closed on
Sep 15, 1993
Sold by
Sandberg Sigfred and Sandberg Ruth H
Bought by
Sandberg Sigfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
7.22%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kimberly A Lyons Revocable Trust $100 None Listed On Document
Lyons Kimberly A $415,000 First International Ttl Inc
Spellman James J -- None Available
Spellman James J $259,000 Alliance Title Insurance Age
Sandberg Sigfred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyons Kimberly A $332,000
Previous Owner Spellman James J $207,200
Previous Owner Sandberg Sigfred $38,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2020 12/16/20 Sold $415,000 0.0% $176 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $415,000 0.0% $176 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/28/2020 10/28/20 Price Changed $415,000 -1.4% $176 / Sq Ft
10/22/2020 10/22/20 For Sale $421,000 0.0% $179 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/23/2020 09/23/20 For Sale $421,000 +62.5% $179 / Sq Ft
02/20/2015 02/20/15 Sold $259,000 0.0% $110 / Sq Ft View Prior Sale
01/12/2015 01/12/15 Pending -- -- --
01/08/2015 01/08/15 For Sale $259,000 -- $110 / 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 $5,952 $479,410 -- --
2024 $5,869 $472,970 -- --
2023 $5,869 $459,200 $126,500 $332,700
2022 $5,578 $454,970 $0 $0
2021 $4,712 $314,430 $76,000 $238,430
2020 $4,528 $299,180 $67,000 $232,180
2019 $4,532 $294,280 $67,000 $227,280
2018 $4,566 $289,010 $59,000 $230,010
2017 $4,385 $265,430 $59,000 $206,430
2016 $2,921 $197,500 $41,000 $156,500
2015 $2,595 $169,990 $43,000 $126,990
2014 $2,611 $168,650 $43,000 $125,650
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 886006

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-23-OH-00000.0-0031.00