NOT LISTED FOR SALE

501 Cypress Way W Unit 501 Palm Springs, FL 33406

Estimated Value: $287,000 - $302,649

3 Beds
2.5 Baths
1,365 Sq Ft
$216/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $136,000 $100 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,114/month

70 Days on Market

Highlights

  • Newly Remodeled
  • End Unit
  • Porch
  • Main Floor Primary Bedroom
  • Community Pool
  • Walk-In Closet

About This Home

As of April 2018

CORNER UNIT TOWNHOUSE WITH COURTYARD PATIO, TILE FLOORS DOWN, ONE BEDROOM DOWN, TWO BEDROOMS AND UTILITY ROOM UPSTAIRS.

Last Agent to Sell the Property

Jonathan Detullio

MMLS Assoc.-Inactive Member License #3085069 Listed on: 12/21/2017

MMLS Assoc.-Inactive Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,276

Year Built

  • Built in 2000 | Newly Remodeled

Lot Details

  • End Unit

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Guest Parking

Outdoor Features

  • Courtyard
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 70424413420050060

Community Details

Overview

  • Cypress Est Of Palm Sprin Condos
  • Cypress Estates Of Palm S Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,276

Year Built

Built in 2000 | Newly Remodeled

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: CYPRESS ESTATES OF PALM S
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1365
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level

Exterior Features

  • View: Other View
  • Exterior Features: Courtyard
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Cypress Est Of Palm Sprin
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 205
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 70424413420050060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 205

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2017
Closed on
Apr 13, 2018
Sold by
Iria Miami Llc
Bought by
Taher Mohammed Shabbir and Siddiqui Parisa
Seller's Agent
Jonathan Detullio
MMLS Assoc.-Inactive Member
List Price
$144,000
Sold Price
$136,000
Premium/Discount to List
-$8,000
-5.56%
Current Estimated Value
$294,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,412
Avg. Annual Appreciation
10.82%
Original Mortgage
$108,800
Outstanding Balance
$93,610
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$200,802

Purchase Details

Closed on
Jun 23, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
Iria Miami Llc

Purchase Details

Closed on
Apr 30, 2014
Sold by
Morales Abel
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
May 2, 2013
Sold by
Morales Abel and Morales Angie
Bought by
Cypress Estates Of Palm Springs Homeowne

Purchase Details

Closed on
Mar 31, 2005
Sold by
Pena Jairo H
Bought by
Morales Abel and Morales Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Langham Ilene
Bought by
Pena Jairo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,719
Interest Rate
6.22%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2004
Sold by
Aurora Homes Inc
Bought by
Langham Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,719
Interest Rate
6.22%
Mortgage Type
VA
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
Taher Mohammed Shabbir $136,000 South Florida Title Associat
Iria Miami Llc $87,000 Attorney
Bayview Loan Servicing Llc $54,900 None Available
Cypress Estates Of Palm Springs Homeowne $2,100 None Available
Morales Abel $167,000 Statewide Title Corp
Pena Jairo H $143,000 Standard Title Insurance Age
Langham Ilene $124,900 Gardens Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taher Mohammed Shabbir $108,800
Previous Owner Morales Abel $133,600
Previous Owner Pena Jairo H $147,719
Closed Morales Abel $33,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $136,000 -5.6% $100 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $144,000 0.0% $105 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
12/28/2017 12/28/17 Price Changed $144,000 +2.9% $105 / Sq Ft
12/21/2017 12/21/17 For Sale $140,000 0.0% $103 / Sq Ft
02/01/2017 02/01/17 Rented $1,250 0.0% --
01/18/2017 01/18/17 Under Contract -- -- --
01/06/2017 01/06/17 For Rent $1,250 +4.2% --
09/23/2014 09/23/14 Rented $1,200 0.0% --
09/23/2014 09/23/14 For Rent $1,200 -- --
Source: MIAMI REALTORS® MLS

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 $4,385 $183,013 -- --
2023 $3,837 $166,375 $0 $0
2022 $3,485 $151,250 $0 $0
2021 $3,205 $150,000 $0 $150,000
2020 $2,883 $125,000 $0 $125,000
2019 $2,727 $116,000 $0 $116,000
2018 $2,441 $112,000 $0 $112,000
2017 $2,276 $100,000 $0 $0
2016 $2,149 $84,700 $0 $0
2015 $1,965 $77,000 $0 $0
2014 $1,760 $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jonathan Detullio

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10389975

MIAMI REALTORS® MLS

APN: 70-42-44-13-42-005-0060

Florida Palm Beach County Palm Springs 33406

501 Cypress Way W Unit 501, Palm Springs, FL

This home is located at 501 Cypress Way W Unit 501, Palm Springs, FL 33406 since 21 December 2017 and is currently estimated at $294,412, approximately $215 per square foot. This property was built in 2000. 501 Cypress Way W Unit 501 is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and Palm Springs 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.

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